NOT LISTED FOR SALE

724 NE 3rd St Hallandale Beach, FL 33009

Atlantic Shores Neighborhood

Estimated Value: $765,275 - $1,044,000

4 Beds
4 Baths
2,718 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $775,000 $285 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,301/month

47 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 3-minute walk to Sunrise Park
  • No HOA
  • 1-Story Property

About This Home

As of August 2022

LOCATION LOCATION LOCATION. East of US1 a Great investment opportunity in an area of Hallandale Beach that is trending upwards. A unique residential income producing property now rented as a 2 Bedroom 2 Bath unit on one side and the other side is vacant, a one car garage on each side, hook up for a shared washer and dryer in the rear. Room to park 6-8 cars and there is a backyard as well. It is actually set up to be a Quadraplex because there is a second kitchen on each side but the previous owner rented it as a Duplex. Current Tenant is on a month to month. Potential income as a 4plex can bring in estimated $6600 per mo. or more if used as an Air B n' B, creating a decent Cap Rate for an Investor. Close to beaches, casino, racetrack, Aventura Mall, restaurants, airport and major highways.

Last Agent to Sell the Property

Maria DeVito

United Realty Group Inc License #0685516 Listed on: 06/01/2022

United Realty Group Inc

Last Buyer's Agent

Maria DeVito

United Realty Group Inc License #0685516 Listed on: 06/01/2022

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,158

Year Built

  • Built in 1995

Lot Details

  • 8,494

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,718 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Atlantic Lawns Condos
  • Atlantic Lawns Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514227250060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,158

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1995
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Directions: US1 NORTH OF HALLANDALE BEACH BLVD TO NE 3rd STREET TAKE A LEFT, PROPERTY IS ONE BLOCK DOWN ON THE SW CORNER
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: ATLANTIC LAWNS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Wood
  • Living Area: 2718
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ATLANTIC LAWNS
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514227250060
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9158

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 27, 2022
Sold by
Richard Stremel Revocable Trust
Bought by
Cheng Hui-Chuan
Seller's Agent
Maria DeVito
United Realty Group Inc
Buyer's Agent
Maria DeVito
United Realty Group Inc
List Price
$800,000
Sold Price
$775,000
Premium/Discount to List
-$25,000
-3.12%
Views
15
Current Estimated Value
$916,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,069
Avg. Annual Appreciation
5.81%
Original Mortgage
$581,250
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2016
Closed on
Dec 20, 2016
Sold by
Sidel Eugenia W
Bought by
Stremel Joan
Seller's Agent
George Nica
Beachfront Realty Inc
Buyer's Agent
William Cody
Cooperative Real Estate Group
List Price
$435,517
Sold Price
$375,000
Premium/Discount to List
-$60,517
-13.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%

Purchase Details

Closed on
Feb 11, 2015
Sold by
Sidel Eugenia W and Baran Luba M
Bought by
Sidel Eugenia W
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
Cheng Hui-Chuan $775,000 Garden Title
Stremel Joan $375,000 None Available
Sidel Eugenia W -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Hui Chuan $570,000
Closed Cheng Hui-Chuan $581,250
Previous Owner Sidel Eugenia W $164,800
Previous Owner Sidel Eugenia W $85,000
Previous Owner Sidel Eugenia W $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $775,000 -3.1% $285 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $800,000 +113.3% $294 / Sq Ft
12/20/2016 12/20/16 Sold $375,000 -13.9% $150 / Sq Ft
11/20/2016 11/20/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $435,517 -- $175 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $15,424 $706,210 $85,020 $621,190
2024 $15,858 $706,210 $85,020 $621,190
2023 $15,858 $704,670 $85,020 $619,650
2022 $9,121 $402,160 $85,020 $317,140
2021 $9,158 $399,260 $0 $0
2020 $8,285 $362,970 $85,020 $277,950
2019 $8,320 $466,030 $85,020 $381,010
2018 $8,249 $399,500 $85,020 $314,480
2017 $6,994 $347,460 $0 $0
2016 $2,920 $146,280 $0 $0
2015 $3,209 $142,030 $0 $0
2014 $2,940 $136,880 $0 $0
2013 -- $218,400 $85,020 $133,380
Source: Public Records

Agents Affiliated with this Home

  • Maria DeVito

    Seller's Agent in 2022

    Maria DeVito

    United Realty Group Inc

    (954) 258-8515

    1 in this area

    17 Total Sales

    Section Image

  • J

    Buyer Co-Listing Agent in 2022

    Juan Saldarriaga

    Realty Hub

    (305) 757-1700

    1 in this area

    14 Total Sales

    Section Image

  • G

    Seller's Agent in 2016

    George Nica

    Beachfront Realty Inc

    (954) 699-7129

    2 Total Sales

    Section Image

  • W

    Buyer's Agent in 2016

    William Cody

    Cooperative Real Estate Group

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11215236

MIAMI REALTORS® MLS

APN: 51-42-27-25-0060

Florida Broward County Hallandale Beach 33009 Atlantic Shores

724 NE 3rd St, Hallandale Beach, FL

This home is located at 724 NE 3rd St, Hallandale Beach, FL 33009 since 01 June 2022 and is currently estimated at $916,069, approximately $337 per square foot. This property was built in 1995. 724 NE 3rd St is a home located in Broward County with nearby schools including Gulfstream Academy of Hallandale Beach, Hallandale High School, and South Broward Montessori Charter 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.

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