NOT LISTED FOR SALE

704 SW 16th Ave Fort Lauderdale, FL 33312

Riverside Park Neighborhood

Estimated Value: $656,297 - $1,082,000

-- Bed
4 Baths
3,047 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 08, 2015

Last sale price $234,500 $77 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $6,095/month

266 Days on Market

About This Home

As of September 2015

Fantastic Income producing property with this Fourplex in sought after Riverside. All units have 2 bedrooms and 1 bathroom. All feature bright and open floorplans. Excellent investor's opportunity! Great location in Riverside Park, close to downtown, Riv erwalk, I-95, Marinas and beaches. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank.

Last Agent to Sell the Property

Christine Hansen Vargas

South Florida Home Sales License #3095665 Listed on: 11/15/2014

Last Buyer's Agent

Amir Scandarion

Highlight Realty Corp/LW License #3312416

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,528

Year Built

  • Built in 1971

Lot Details

  • 10,019

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,047 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Community Details

  • 4 Units
  • Riverside No 2 1 104 D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504209030118

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,528

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: I 95 TO DAVIE BLVD GO EST LEFT TO 15TH AVE LEFT TO 9TH ST RIGHT TO 16
  • Year Built: 1971
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 3047.0

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Parcel #: 504209030118
  • Zoning Description: RESD10

Tax Info

  • Tax Year: 2013

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2015
Sold by
Louima Aliquais and Louima Susette
Bought by
U S Bank National Association
Current Estimated Value
$892,074

Purchase Details

Closed on
Jan 8, 2014
Sold by
Louima Aliquais and Louima Aliquais
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 27, 2005
Sold by
Desir Benedic and Desir Chrismene
Bought by
Louima Aliquais and Louima Susette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2004
Sold by
Wynn Frances Cora and Wynn Dwayne
Bought by
Desir Benedic and Desir Chrismene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
8.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 2003
Sold by
Wynn Frances Cora
Bought by
Wynn Frances Cora and The Frances Cora Wynn Trust

Purchase Details

Closed on
Jun 24, 2002
Sold by
Wynn Dwayne
Bought by
Wynn Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 25, 2002
Sold by
Wynn Frances Cora
Bought by
Wynn Frances Cora and Frances Cora Wynn Trust
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
U S Bank National Association $154,200 None Available
U S Bank National Association $154,200 None Available
Louima Aliquais $400,000 One Source Title Inc
Desir Benedic $290,000 Towne & Country Title Inc
Wynn Frances Cora -- --
Wynn Frances -- --
Wynn Frances Cora -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Louima Aliquais $360,000
Previous Owner Desir Benedic $246,500
Previous Owner Wynn Dwayne $50,000
Previous Owner Wynn Frances $175,000
Closed Desir Benedic $15,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2015 09/08/15 Sold $234,500 -10.4% $77 / Sq Ft
08/09/2015 08/09/15 Pending -- -- --
11/15/2014 11/15/14 For Sale $261,800 -- $86 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $14,528 $676,070 -- --
2024 $13,711 $676,070 -- --
2023 $13,711 $558,740 $0 $0
2022 $11,844 $507,950 $0 $0
2021 $10,792 $461,780 $0 $0
2020 $9,905 $461,530 $30,000 $431,530
2019 $8,472 $401,680 $30,000 $371,680
2018 $7,429 $363,590 $30,000 $333,590
2017 $6,854 $315,410 $0 $0
2016 $6,487 $286,740 $0 $0
2015 $4,998 $207,140 $0 $0
2014 -- $188,310 $0 $0
2013 -- $120,890 $30,000 $90,890
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Christine Hansen Vargas

    South Florida Home Sales

    (954) 609-4242

    40 Total Sales

    Section Image

  • A

    Buyer's Agent in 2015

    Amir Scandarion

    Highlight Realty Corp/LW

    (561) 702-2126

    1 in this area

    27 Total Sales

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1316542

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-09-03-0118

Florida Broward County Fort Lauderdale 33312 Riverside Park

704 SW 16th Ave, Fort Lauderdale, FL

This home is located at 704 SW 16th Ave, Fort Lauderdale, FL 33312 since 15 November 2014 and is currently estimated at $892,074, approximately $292 per square foot. This property was built in 1971. 704 SW 16th Ave is a home located in Broward County with nearby schools including Croissant Park Elementary School, New River Middle School, and Stranahan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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