NOT LISTED FOR SALE

641 SW Avenue B Belle Glade, FL 33430

Estimated Value: $174,456 - $390,000

-- Bed
11 Baths
2,340 Sq Ft
$113/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $98,000 $42 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,800/month

34 Days on Market

About This Home

As of January 2018

Great 4-unit income property. NEW Roof 2016. NEW Exterior paint 2016. All 4 units rented on month-to-month. Keep the tenants or not, your choice - sold w/ tenants in place. If central air was added and some improvements made to interiors, rent could be $600-$800 monthly.

Last Agent to Sell the Property

Lindsey Taylor

RE/MAX Direct License #SL3243937 Listed on: 11/14/2017

RE/MAX Direct

Last Buyer's Agent

Kendra Snow

RE/MAX Prestige Realty/WPB License #3156499

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1964

Lot Details

  • 3,398

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 04374331010300130

Community Details

Overview

  • 4 Units
  • S/D Of 31 43 37 By St Sur Subdivision

Building Details

  • Operating Expense $1,514
  • Net Operating Income $17,086

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,514

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Canal St., W on MLK Blvd. N on SW 8th St. Rt on SW Avenue B
  • Year Built: 1964
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 2340.0

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Wood Trusses

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: None, Wall/Window Unit(s)
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 04374331010300130
  • Zoning Description: R3

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 17086.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 1514.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1514.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Rio Group Of Belle Glade Llc
Bought by
Aagi Group Of Belle Glade Llc
Current Estimated Value
$264,864

Purchase Details

Closed on
Feb 4, 2019
Sold by
Ali Pheras
Bought by
Rio Group Of Belle Glade Llc

Purchase Details

Listed on
Nov 14, 2017
Closed on
Jan 16, 2018
Sold by
Byrd James E and Byrd Isabelle
Bought by
Ali Pheras
Seller's Agent
Lindsey Taylor
RE/MAX Direct
Buyer's Agent
Kendra Snow
RE/MAX Prestige Realty/WPB
List Price
$110,000
Sold Price
$98,000
Premium/Discount to List
-$12,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%
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
Aagi Group Of Belle Glade Llc -- None Listed On Document
Aagi Group Of Belle Glade Llc -- None Listed On Document
Rio Group Of Belle Glade Llc -- Attorney
Ali Pheras $98,000 South Shore Title Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold $98,000 -10.9% $42 / Sq Ft
12/19/2017 12/19/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $110,000 -- $47 / Sq Ft
Source: BeachesMLS

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
2024 $4,412 $159,645 -- --
2023 $4,074 $145,132 -- --
2022 $3,634 $131,938 -- --
2021 $3,395 $121,343 $4,000 $117,343
2020 $3,130 $109,040 $4,000 $105,040
2019 $2,897 $97,983 $4,000 $93,983
2018 $1,805 $75,741 $4,155 $71,586
2017 $1,514 $41,865 $3,324 $38,541
2016 $1,530 $41,865 $0 $0
2015 $1,531 $40,488 $0 $0
2014 $1,465 $36,807 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10382238

BeachesMLS

APN: 04-37-43-31-01-030-0130