NOT LISTED FOR SALE
-- Bed
-- Bath
7,124 Sq Ft
1974 Built

Sale Details

Date Sold: December 18, 2018

Last sale price $750,000 $105 Per Sq Ft

49 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Laundry Facilities

About This Home

As of December 2018

Rare opportunity this close to the beach, 10 units all under 1 roof! Rock solid CBS building with newer metal roof. Your tenants will love walking across the street to Gulfstream beach. This is a great income producing building with 100% occupancy. Building contains 8- 1/1 and 2- 2/2. Priced well below $100k per unit. Great moneymaker! Each apartment has it's own electric and water meters. City water and sewer. Motivated seller. Owner says very motivated for cash offer with quick close! Please watch the attached video.

Last Agent to Sell the Property

Edward Henry

Real Estate of Florida License #610841 Listed on: 10/03/2018

Real Estate of Florida

Co-Listed By

Arthur Lorr

Illustrated Properties LLC / S License #3361021

Last Buyer's Agent

Edward Henry

Real Estate of Florida License #610841 Listed on: 10/03/2018

Real Estate of Florida
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,306

Year Built

  • Built in 1974

Home Design

  • 7,124 Sq Ft Home
  • Quadruplex
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Parking

  • 20 Parking Spaces
  • 20 Covered Spaces

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • 7,124 Sq Ft Building

Amenities

  • Laundry Facilities

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,306

Year Built

Built in 1974

Listing Details

  • Co List Office Phone: 772-221-1118
  • Lot Size: 21,561
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Prop. Type: Residential Income
  • Subdivision Name: Ocean View Sub Rep Holley & Morgan
  • Year Built: 1974
  • Ownership: Corporation
  • Special Features: VirtualTour

Interior Features

  • Living Area: 7124.0

Exterior Features

  • Construction Type: Block, Concrete
  • Pool Private: No
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 20.0
  • Parking Features: Common
  • Total Parking Spaces: 20.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: None

Condo/Co-op/Association

  • Association: No
  • Community Features: Laundry Facilities
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Zoning Description: R4A
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 12306.0
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Outstanding Balance
$825,313
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 3, 2018
Closed on
Dec 13, 2018
Sold by
Bought by
Seller's Agent
Edward Henry
Real Estate of Florida
Buyer's Agent
Edward Henry
Real Estate of Florida
List Price
$999,000
Sold Price
$750,000
Premium/Discount to List
-$249,000
-24.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2011
Sold by
Bought by

Purchase Details

Closed on
May 16, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 24, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
5.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 3, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,550,000 Attorney
$750,000 Attorney
$475,000 Attorney
$345,000 Attorney
$287,000 Attorney
-- Attorney
$1,100,000 --
$400,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $930,000
Previous Owner $600,000
Previous Owner $308,750
Previous Owner $875,000
Previous Owner $208,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/18/2018 12/18/18 Sold $750,000 -24.9% $105 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
09/30/2018 09/30/18 For Sale $999,000 -- $140 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $38,351 $1,562,000 $161,300 $1,400,700
2024 $33,029 $1,504,100 $161,300 $1,342,800
2023 $33,029 $1,331,300 $161,300 $1,170,000
2022 $32,920 $1,318,000 $161,300 $1,156,700
2021 $22,187 $855,400 $161,300 $694,100
2020 $16,828 $634,600 $161,300 $473,300
2019 $17,226 $639,300 $161,300 $478,000
2018 $13,767 $575,100 $161,300 $413,800
2017 $12,306 $460,400 $161,300 $299,100
2016 $12,338 $462,000 $161,300 $300,700
2015 $12,303 $453,100 $200,700 $252,400
2014 $8,342 $309,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20014061

Martin County REALTORS® of the Treasure Coast
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