NOT LISTED FOR SALE

701 NW 5th Ave Unit 1061 Fort Lauderdale, FL 33311

Progresso Village Neighborhood

Estimated Value: $7,755,338

-- Bed
-- Bath
48,502 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 701 NW 5th Ave Unit 1061, Fort Lauderdale, FL 33311 and is currently estimated at $7,755,338, approximately $159 per square foot. 701 NW 5th Ave Unit 1061 is a home located in Broward County with nearby schools including North Side Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2016
Sold by
Haryr S Plade Llc
Bought by
Bayit Investments Llc
Current Estimated Value
$7,755,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,025,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 2008
Sold by
Narkes Abraham and Narkes Ruth
Bought by
Harrys Place Llc

Purchase Details

Closed on
Sep 8, 1993
Sold by
Menefee Jane D
Bought by
Menefee Jane
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bayit Investments Llc $2,700,000 Old Palm Title Llc
Harrys Place Llc -- Attorney
Menefee Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thrive Development Group Llc $2,500,000
Closed Thrive Development Group Llc $490,374
Closed Bayit Investments Llc $2,025,000
Previous Owner Menefee Jane D $250,000
Source: Public Records

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 $100,444 $4,703,190 -- --
2024 $38,475 $4,703,190 $1,093,480 $680,630
2023 $38,475 $1,774,110 $1,093,480 $680,630
2022 $37,550 $1,774,110 $1,093,480 $680,630
2021 $64,707 $3,221,110 $607,490 $2,613,620
2020 $64,277 $3,221,110 $607,490 $2,613,620
2019 $55,816 $2,919,520 $607,490 $2,312,030
2018 $54,121 $2,919,520 $607,490 $2,312,030
2017 $50,110 $2,646,130 $0 $0
2016 $31,659 $1,597,520 $0 $0
2015 $32,965 $1,618,820 $0 $0
2014 $32,063 $1,543,920 $0 $0
2013 -- $1,427,910 $607,490 $820,420
Source: Public Records

Map

Florida Broward County Fort Lauderdale 33311 Progresso Village

701 NW 5th Ave Unit 1061, Fort Lauderdale, FL

This home is located at 701 NW 5th Ave Unit 1061, Fort Lauderdale, FL 33311 and is currently estimated at $7,755,338, approximately $159 per square foot. 701 NW 5th Ave Unit 1061 is a home located in Broward County with nearby schools including North Side Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

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