M
Seller's Agent in 2024
Martha Douer
Florida Realty of Miami
(305) 281-9440
2 in this area
14 Total Sales
624 SW 16th Ave Fort Lauderdale, FL 33312
Riverside Park NeighborhoodEstimated Value: $973,000 - $1,438,000
12
Beds
8
Baths
4,855
Sq Ft
$263/Sq Ft
Est. Value
Highlights
- No HOA
- Central Air
- Heating Available
- Ceramic Tile Flooring
About This Home
As of January 2024GREAT INVESTMENT OPPORTUNUTY, 8% CAP, 4 units 4/2, all Units are rented under Section 8, individual water and electric Meter, New PVC Plumbing, Coin Laundry, 40 Years Building Recertification,
Last Agent to Sell the Property
Florida Realty of Miami Corp License #3226137 Listed on: 08/15/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,810
Year Built
- Built in 1970
Lot Details
- 7,013
Parking
- 5 Parking Spaces
Home Design
- Quadruplex
- Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 4,855 Sq Ft Home
- 2-Story Property
- Ceramic Tile Flooring
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Total Actual Rent $11,500
- Rent includes gardener, pest control, sewer, trash collection
- Assessor Parcel Number 504209030030
Community Details
Overview
- No Home Owners Association
- 4 Units
- Riverside No 2 Condos
- Riverside No 2 Subdivision
Building Details
- Operating Expense $28,274
- Net Operating Income $105,826
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2023
Closed on
Jan 11, 2024
Sold by
Tango-76 Group Llc
Bought by
Excelsior Property Services Llc
Seller's Agent
Martha Douer
Florida Realty of Miami Corp
Buyer's Agent
Alejandro Cruz
United Realty Group Inc
List Price
$1,300,000
Sold Price
$1,275,000
Premium/Discount to List
-$25,000
-1.92%
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423
Avg. Annual Appreciation
0.02%
Original Mortgage
$725,000
Outstanding Balance
$712,313
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$563,110
Purchase Details
Closed on
Jun 26, 2020
Sold by
Garcia Ibanez Dario F and Garcia Ibanez Lisa
Bought by
Tango 76 Group Llc
Purchase Details
Listed on
Feb 13, 2019
Closed on
May 15, 2019
Sold by
Tah 2016 1 Borrower Llc
Bought by
Garcia Ibanez Dario F Garcia and Garcia Ibanez Lisa
Seller's Agent
John Scalia
EXP Realty, LLC.
Buyer's Agent
John Scalia
EXP Realty, LLC.
List Price
$569,000
Sold Price
$567,100
Premium/Discount to List
-$1,900
-0.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%
Original Mortgage
$425,325
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2016
Bought by
Tah 2016-1 Borrower Llc
Purchase Details
Closed on
Jun 17, 2013
Sold by
Lake Success Rentals Llc
Bought by
Sfrh Sf Rental Lp
Purchase Details
Closed on
Dec 31, 2012
Sold by
Le Hi Services & Investments Inc
Bought by
Goodman H Dean and Goodman Rob
Purchase Details
Closed on
May 1, 2012
Sold by
Rodriguez Rogelio
Bought by
Lake Success Rentals Llc
Purchase Details
Closed on
Aug 9, 2005
Sold by
Barber Jamie Ronald and Barber Robin Beth
Bought by
Rodriguez Rogelio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
1.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 27, 2004
Sold by
Kinne Michael S and Medina Kinne Perla I
Bought by
Barber Jamie Ronald and Barber Robin Beth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 9, 2003
Sold by
Yates Steven K
Bought by
Kinne Michael S and Medina Kinne Perla I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.16%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 28, 2000
Sold by
Sec Of Hud
Bought by
Yates Steven K
Purchase Details
Closed on
Jun 5, 2000
Sold by
Norwest Mortgage Inc
Bought by
Sec Of Hud
Purchase Details
Closed on
Apr 17, 2000
Sold by
Clerk Of The Court
Bought by
Norwest Mortgage Inc
Purchase Details
Closed on
Oct 30, 1998
Sold by
Goodwin James R
Bought by
Joseph Marc S
Purchase Details
Closed on
Nov 6, 1997
Sold by
Bogle Curt
Bought by
Goodwin James R
Purchase Details
Closed on
Feb 25, 1997
Sold by
Matthews Brett and Rivera Kim
Bought by
Bogle Curt
Purchase Details
Closed on
Dec 12, 1996
Sold by
Camerino Kathryn and William J Camerino Tr
Bought by
Matthews Brett
Purchase Details
Closed on
Apr 10, 1996
Sold by
Camerino William J
Bought by
William J Camerino Revocable Trust
Purchase Details
Closed on
Nov 15, 1994
Sold by
Richards Yvonne M
Bought by
Camerino William J
Purchase Details
Closed on
Jun 17, 1993
Sold by
Barnett Bk S Fl
Bought by
Richards Yvonne
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Excelsior Property Services Llc | $1,275,000 | South Florida Title | |
| Tango 76 Group Llc | -- | Attorney | |
| Garcia Ibanez Dario F Garcia | $567,100 | Nautica Title Usa Inc | |
| Tah 2016-1 Borrower Llc | $100 | -- | |
| Sfrh Sf Rental Lp | $438,000 | Capital Abstract & Title | |
| Goodman H Dean | -- | None Available | |
| Lake Success Rentals Llc | $230,200 | None Available | |
| Rodriguez Rogelio | $575,000 | The John Galt Title Company | |
| Barber Jamie Ronald | $375,000 | The John Galt Title Company | |
| Kinne Michael S | $338,500 | The John Galt Title Company | |
| Yates Steven K | $162,600 | -- | |
| Sec Of Hud | -- | -- | |
| Norwest Mortgage Inc | -- | -- | |
| Joseph Marc S | $185,600 | -- | |
| Goodwin James R | $155,900 | -- | |
| Bogle Curt | $135,000 | -- | |
| Matthews Brett | $85,000 | -- | |
| William J Camerino Revocable Trust | $100 | -- | |
| Camerino William J | $90,500 | -- | |
| Richards Yvonne | $66,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Excelsior Property Services Llc | $725,000 | |
| Previous Owner | Garcia Ibanez Dario F Garcia | $425,325 | |
| Previous Owner | Rodriguez Rogelio | $432,000 | |
| Previous Owner | Barber Jamie Ronald | $300,000 | |
| Previous Owner | Kinne Michael S | $300,000 | |
| Previous Owner | William J Camerino Revocable Trust | $60,000 | |
| Previous Owner | William J Camerino Revocable Trust | $163,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/29/2024 01/29/24 | Pending | -- | -- | -- | |
| 01/24/2024 01/24/24 | Sold | $1,275,000 | -1.9% | $263 / Sq Ft | |
| 08/15/2023 08/15/23 | For Sale | $1,300,000 | +129.2% | $268 / Sq Ft | |
| 05/16/2019 05/16/19 | Sold | $567,100 | -0.3% | $117 / Sq Ft | View Prior Sale |
| 03/01/2019 03/01/19 | For Sale | $569,000 | +0.3% | $117 / Sq Ft | |
| 02/21/2019 02/21/19 | Off Market | $567,100 | -- | -- | |
| 02/13/2019 02/13/19 | For Sale | $569,000 | -- | $117 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $16,537 | $1,130,160 | $29,750 | $1,100,410 |
| 2024 | $14,480 | $941,780 | $21,000 | $920,780 |
| 2023 | $14,480 | $641,230 | $0 | $0 |
| 2022 | $12,810 | $582,940 | $0 | $0 |
| 2021 | $11,561 | $529,950 | $21,000 | $508,950 |
| 2020 | $11,793 | $545,330 | $21,000 | $524,330 |
| 2019 | $9,871 | $473,050 | $21,000 | $452,050 |
| 2018 | $8,748 | $440,190 | $21,000 | $419,190 |
| 2017 | $8,035 | $379,490 | $0 | $0 |
| 2016 | $8,055 | $360,490 | $0 | $0 |
| 2015 | $7,413 | $327,720 | $0 | $0 |
| 2014 | $6,852 | $297,930 | $0 | $0 |
| 2013 | -- | $240,740 | $21,000 | $219,740 |
Source: Public Records
Agents Affiliated with this Home
-
Martha Douer
-
Alejandro Cruz
Buyer's Agent in 2024
Alejandro Cruz
United Realty Group Inc
(954) 467-0105
2 in this area
22 Total Sales
-
John Scalia
Seller's Agent in 2019
John Scalia
EXP Realty, LLC.
(954) 822-6612
1 in this area
1,763 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11435258
APN: 50-42-09-03-0030
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