NOT LISTED FOR SALE

Estimated Value: $1,024,000 - $1,525,000

0.16 Acre
$7,905,690 Price per Acre
6,750 Sq Ft Lot

Last Sold April 25, 2023

Last sale price $1,042,000 $1,123 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,979/month

2 Days on Market

Highlights

  • 0.16 Acre Lot
  • No HOA
  • 4-minute walk to Sistrunk Park
  • Fort Lauderdale High School Rated A
  • Landscaped with Trees

About This Lot

As of April 2023

Prime location, vacant lot ready to build located in Ft. Lauderdale's trendiest spot. Excellent opportunity to purchase this lot and build. Easy access to restaurants, entertainment, and shopping center. Less than two miles from Las Olas Blvd and less than one mile to the Brightline high-speed train station, childcare, museums, restaurants, and Beaches.

Last Agent to Sell the Property

Eddie Brown

Iconic Realty and Associates License #3361817 Listed on: 02/14/2023

Co-Listed By

Shaina Brown

Iconic Realty and Associates License #3515452

Last Buyer's Agent

Eddie Brown

Iconic Realty and Associates License #3361817 Listed on: 02/14/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,712

Lot Details

  • 6,750 Sq Ft Lot
  • West Facing Home
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned RMM-25

Community Details

  • No Home Owners Association
  • Progresso Condos
  • Progresso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494234076910

Property Details

Property Type

Land

Est. Annual Taxes

$1,712

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: ERPI01
  • Co List Office Phone: 954-990-7526
  • Directions: GPS
  • Horses: No
  • Lot Size Acres: 0.155
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: PROGRESSO
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Cleared
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROGRESSO

Utilities

  • Water Source: Municipal Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 494234076910
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 6750
  • Zoning: RMM-25
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Apr 25, 2023
Sold by
Ferguson Erma J
Bought by
312 Nw 7Th Street Llc
Seller's Agent
Eddie Brown
Iconic Realty and Associates
Buyer's Agent
Eddie Brown
Iconic Realty and Associates
List Price
$999,900
Sold Price
$1,042,000
Premium/Discount to List
$42,100
4.21%
Views
4
Current Estimated Value
$1,225,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,382
Avg. Annual Appreciation
7.30%
Original Mortgage
$4,325,000
Outstanding Balance
$4,225,554
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
-$3,000,172

Purchase Details

Closed on
Nov 11, 2004
Sold by
West Lakeland Land Co Lp
Bought by
Estate Of William White and Ferguson Erma

Purchase Details

Closed on
May 31, 1995
Sold by
W Lakeland Land Co Inc
Bought by
W Lakeland Land Co Ltd Ptnr
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
312 Nw 7Th Street Llc $1,042,000 None Listed On Document
Estate Of William White -- --
W Lakeland Land Co Ltd Ptnr $1,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 312 Nw 7Th Street Llc $4,325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $1,042,000 +4.2% $1,123 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $999,900 -- $1,077 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,240 $185,620 -- --
2024 $1,941 $168,750 $168,750 --
2023 $1,941 $70,630 $0 $0
2022 $1,712 $64,210 $0 $0
2021 $1,360 $58,380 $0 $0
2020 $1,249 $81,000 $81,000 $0
2019 $1,027 $67,500 $67,500 $0
2018 $797 $43,880 $43,880 $0
2017 $1,570 $47,250 $0 $0
2016 $900 $47,250 $0 $0
2015 $927 $47,250 $0 $0
2014 $944 $47,250 $0 $0
2013 -- $47,250 $47,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11341741

MIAMI REALTORS® MLS

APN: 49-42-34-07-6910