NOT LISTED FOR SALE
-- Bed
2 Baths
3,691 Sq Ft
0.49 Acres

Last Sold August 31, 2017

Last sale price $749,000 $203 Per Sq Ft

276 Days on Market

Highlights

  • 21,502 Sq Ft lot
  • Wood Flooring
  • Impact Glass
  • Fruit Trees
  • Jalousie or louvered window
  • Patio

About This Home

As of August 2017

Great opportunity for an investor or group home, multi-unit property has a lot of square footage on a big lot. Market rents are estimated, only 1 unit is currently occupied. Amazing walled 1920s Spanish Mission compound! Main House is a 3 bedroom, 1 1/2 bath with Mizneresque details. In a separate structure, there is a 1 bedroom, 1 bath guest apartment with another 1 bedroom, 1 bath guest apartment above it. Connected to the main house by an orchid trellis, there is a spacious art studio with high ceilings that has a kitchenette and another full bath. All the roofs have been replaced. All the HVAC systems have just been replaced. The windows are all impact. The lot is nearly half an acre with mature trees & enough room for a tennis, large pool, croquet lawn or many other possibilities!

Last Agent to Sell the Property

Jefferson Kiely

Kiely Real Estate, LLC License #3086857 Listed on: 10/28/2016

Last Buyer's Agent

Andrew Soowal

Florida Native Commercial, LLC License #3407202

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,127

Year Built

  • Built in 1925

Lot Details

  • 0.49 Acre Lot
  • Fenced
  • Fruit Trees

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,691 Sq Ft Home
  • 2-Story Property
  • Jalousie or louvered window
  • Blinds
  • Impact Glass

Flooring

  • Wood
  • Ceramic Tile

Schools

  • Palmetto Elementary School

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $61,200
  • Assessor Parcel Number 74434409050005670

Community Details

Overview

  • 3 Units
  • Forest Ridge Park Subdivision

Building Details

  • Operating Expense $12,000
  • Net Operating Income $49,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,127

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Forest Hill Blvd East of Lake Ave. Home on Left between Lake Ave and Garden Ave.
  • Year Built: 1925
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Living Area: 3691.0
  • Window Features: Blinds, Impact Glass, Jalousie

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Patio
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Palmetto

Lot Info

  • Parcel #: 74434409050005670
  • Lot Size Sq Ft: 21502.0
  • Zoning Description: SF7
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 49000.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 12000.0
  • Total Actual Rent: 61200.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8127.0

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $749,000 +55381.5% $203 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
11/18/2016 11/18/16 Rented $1,350 0.0% --
10/28/2016 10/28/16 For Sale $799,100 0.0% $216 / Sq Ft
10/19/2016 10/19/16 Under Contract -- -- --
07/30/2016 07/30/16 For Rent $1,350 0.0% --
05/31/2013 05/31/13 Sold $187,425 +25.0% $121 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $150,000 -- $97 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10278859

BeachesMLS

APN: 74-43-44-09-05-000-5670