$650,000
SOLD MAR 24, 2021
-- Bed
-- Bath
5,499 Sq Ft
0.83 Acres

Recently Sold

$118 Per Sq Ft

3% Below List Price

95 Days on Market

Highlights

  • 36,200 Sq Ft lot
  • Central Heating and Cooling System
  • 5-minute walk to Shoster Nature Preserve
  • Tile Flooring
  • Ceiling Fan

About This Home

As of July 2022

***RENTS JUST INCREASED $1,800 MORE PER YEAR!!INCREDIBLE UNIQUE, ONCE IN LIFETIME OPPORTUNITY!!! GREAT for 1031 EXCHANGE! SEE ATTACHED EXPENSES!!! FORMER COMMUNITY CLUBHOUSE CONVERTED!! Current TENANTS PAYING $5,150 MONTHLY! ***3 lots deeded together!! $$$ Lot #1 HAS A DUPLEX with 9 bedrooms and 6.5 baths. ***EACH SIDE HAS 2,500 SQFT*** CURRENTLY RENTED FOR $2,500 PER SIDE. Large fenced backyard, built-in BBQ and a spacious patio for lots of entertaining. $$$ Lot#2 features a LARGE pool,HALF BASKETBALL COURT, shed and recreational area!! $$$ lot #3 is vacant for additional parking. What a deal! Current owner pays, Pool/Pest/Lawn/Water/Sewer/common electric. Some of these expenses can be curtailed to increase cash flow

Last Agent to Sell the Property

Michael Johnston

The Keyes Company License #3342965 Listed on: 11/18/2020

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,558

Year Built

  • Built in 1970

Lot Details

  • 0.83 Acre Lot
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 5,499 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494101260100

Community Details

Overview

  • 3 Units
  • Kimberly Forest Sub Of Tr Subdivision

Building Details

  • Operating Expense $22,000
  • Net Operating Income $38,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,558

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: FROM ROCK ISLAND RD, EAST ON KIMBERLY FOREST LEFT (NORTH)ON 66TH AVE, PROPERTY WILL BE ON THE LEFT.
  • Year Built: 1970
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: 5120
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 5499.0

Exterior Features

  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 494101260100
  • Lot Size Sq Ft: 36200.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 38000.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 22000.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10558.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2024
Sold by
Cherfrere Pericles
Bought by
Advanced Quality Realty Llc
Current Estimated Value
$929,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
8.75%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jul 6, 2022
Sold by
Fam Lot 10 Llc
Bought by
Cherfrere Pericles
Seller's Agent
Joy Fischer
Compass Florida, LLC
Buyer's Agent
Joy Fischer
Coldwell Banker Residential RE
List Price
$799,900
Sold Price
$670,000
Premium/Discount to List
-$129,900
-16.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$300,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2020
Closed on
Mar 26, 2021
Sold by
Golden Global Equity Llc
Bought by
Fam Lot 12 Llc
Seller's Agent
Michael Johnston
The Keyes Company
List Price
$670,000
Sold Price
$650,000
Premium/Discount to List
-$20,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%

Purchase Details

Closed on
Nov 2, 2010
Sold by
Wells Fargo Bank Na
Bought by
Golden Global Equity Llc

Purchase Details

Closed on
Sep 29, 2008
Sold by
Dawes Azra
Bought by
Wells Fargo Bank Na and Abfc 2006-Opt2 Trust Abfc Asset Backed C

Purchase Details

Closed on
Jul 28, 2006
Sold by
Hedgepeth Jeffrey E and Hedgepeth Teresa
Bought by
Dawes Azra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1991
Sold by
Available Not
Bought by
Available Not
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 Type Sale Price Title Company
Warranty Deed $900,000 Ocean Title And Escrow
Warranty Deed $670,000 Ocean Title & Escrow
Warranty Deed $216,700 Shore To Shore Title Llc
Warranty Deed $216,700 Shore To Shore Title Llc
Warranty Deed $216,700 Shore To Shore Title Llc
Special Warranty Deed $230,000 Consumer Title & Escrow Serv
Trustee Deed -- Attorney
Warranty Deed $650,000 Attorney
Warranty Deed $138,857 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $720,000 Seller Take Back
Previous Owner $300,000 New Conventional
Previous Owner $520,000 Purchase Money Mortgage
Previous Owner $350,000 Credit Line Revolving
Previous Owner $61,200 Commercial
Previous Owner $20,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $670,000 -16.2% $130 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
10/07/2021 10/07/21 For Sale $799,900 +23.1% $156 / Sq Ft
03/24/2021 03/24/21 Sold $650,000 -3.0% $118 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $670,000 -- $122 / 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
2025 $13,789 $815,000 $66,680 $748,320
2024 $13,964 $606,770 $66,680 $540,090
2023 $13,964 $606,770 $66,680 $540,090
2022 $8,907 $381,540 $66,680 $314,860
2021 $8,965 $382,290 $66,680 $315,610
2020 $11,215 $498,700 $108,600 $390,100
2019 $10,558 $488,070 $108,600 $379,470
2018 $9,424 $471,070 $108,600 $362,470
2017 $8,728 $360,980 $0 $0
2016 $8,023 $328,170 $0 $0
2015 $7,466 $298,340 $0 $0
2014 $6,919 $271,220 $0 $0
2013 -- $292,770 $108,500 $184,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10672248

BeachesMLS

APN: 49-41-01-26-0100