NOT LISTED FOR SALE

724 W Las Olas Blvd Fort Lauderdale, FL 33312

Sailboat Bend Neighborhood

Estimated Value: $935,000 - $1,079,904

5 Beds
5 Baths
2,216 Sq Ft
$443/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $920,400 $415 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,854/month

91 Days on Market

Highlights

  • In Ground Spa
  • Deck
  • Screened Porch
  • 14,840 Sq Ft lot
  • Garden View
  • 3-minute walk to Cooley's Landing Park

About This Home

As of October 2023

MAGNIFICENT!! 2 HOUSES FOR THE PRICE OF ONE!!PRIVATE OASIS ON 1/3ACRE ON LAS OLAS.THE MAIN HOME IS A 2BR+OFFICE/1.5 LARGE BATHS.LARGE SLIDING GLASS DOORSWITH INCREDIBLE VIEWS OF THE GARDEN.THE HOME HAS AN OPEN , PEACEFUL FEEL.THE COTTAGE IS A FANTASTIC RENTAL/MOTHER IN LAW WITH 2BR 2BA COMPLETELY RENOVATED(18)...HOMES HAVE NEW ROOFS (DOUBLE STRAPPING) 22,WERE PAINTED IN 21.HOUSE A/C LENNOX WITH PURE AIR/NEW DUCTING IN 20. COTTAGE IN 19.FIBERGLASS WATER HEATER IN19, A LIT COMPOSITE DECK SURROUNDS THE POOL. THE LANDSCAPING IS MAGNIFICENT, ...PRIVATE/CENTRALLY LOCATED ON THE EDGE OF RIVERWALK/DOWNTOWN. STROLL TO EAST LAS OLAS, THE BRIGHTLIINE, CLOSE TO BEACHES, AIRPORTS. WELCOME TO PARADISE IN THE MIDDLE OF THE CITY. MUST SEE TO BE APPRECIATED! SEEB ROKER COMMENTS FOR SHOWINGS FROM 5/22-6/9

Last Agent to Sell the Property

Andrew Gerstman

Fosters Realty License #3047846 Listed on: 05/12/2023

Last Buyer's Agent

Taylor Ratzel

Compass Florida, LLC License #3489961

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,122

Year Built

  • Built in 1938

Lot Details

  • 0.34

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 2,216 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Garden Views

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Pool

  • In Ground Spa
  • Pool Equipment or Cover

Outdoor Features

  • Deck
  • Patio

Additional Features

  • 0.34 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Bryan Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504210280580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,122

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: MAKE A LEFT ON WEST LAS OLAS AND IT IS ON LAS OLAS IN SALBOAT BEND
  • Year Built: 1938
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: Yes
  • Spa Features: In Ground
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 2216.0

Exterior Features

  • Exterior Features: Deck, Enclosed Porch, Patio
  • View: Garden
  • Pool Features: Pool Equipment, Pool
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Other

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 504210280580
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 14840.0
  • Zoning Description: RML-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4122.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Oct 26, 2023
Sold by
John Phelps Quinn Revocable Trust
Bought by
Couto Gregory and Couto Charlize L
Seller's Agent
Andrew Gerstman
Fosters Realty
Buyer's Agent
Taylor Ratzel
Compass Florida, LLC
List Price
$1,375,000
Sold Price
$920,400
Premium/Discount to List
-$454,600
-33.06%
Views
275
Current Estimated Value
$1,005,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,388
Avg. Annual Appreciation
2.90%
Original Mortgage
$522,000
Outstanding Balance
$514,634
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$454,872

Purchase Details

Closed on
May 30, 2012
Sold by
Quinn John P and Quinn John Phelps
Bought by
Quinn John Phelps

Purchase Details

Closed on
Jun 8, 2011
Sold by
Gianguzzi Joseph C
Bought by
Quinn John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1998
Sold by
Hollander Richard A
Bought by
Gianguzzi Joseph C and Quinn John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1994
Sold by
Valette Gilles Patrick
Bought by
Hollander Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,800
Interest Rate
8.46%

Purchase Details

Closed on
Mar 1, 1981
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 Buyer Sale Price Title Company
Couto Gregory $920,000 None Listed On Document
Quinn John Phelps -- Attorney
Quinn John P $41,900 Attorney
Gianguzzi Joseph C $265,000 --
Hollander Richard A -- --
Available Not $42,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Couto Gregory $522,000
Previous Owner Quinn John P $225,000
Previous Owner Gianguzzi Joseph C $147,500
Previous Owner Gianguzzi Joseph C $200,000
Previous Owner Hollander Richard A $61,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $920,400 0.0% $415 / Sq Ft
10/27/2023 10/27/23 Sold $920,000 -31.8% $415 / Sq Ft
09/06/2023 09/06/23 Price Changed $1,349,448 0.0% $609 / Sq Ft
09/06/2023 09/06/23 Price Changed $1,349,448 -1.9% $609 / Sq Ft
08/24/2023 08/24/23 For Sale $1,375,000 0.0% $620 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $1,375,000 0.0% $620 / Sq Ft
04/04/2023 04/04/23 For Sale $1,375,000 0.0% $620 / Sq Ft
12/01/2020 12/01/20 Rented $1,850 0.0% --
11/01/2020 11/01/20 Under Contract -- -- --
10/16/2020 10/16/20 For Rent $1,850 -5.1% --
08/13/2018 08/13/18 Rented $1,950 -2.5% --
07/14/2018 07/14/18 Under Contract -- -- --
03/20/2018 03/20/18 For Rent $2,000 -- --
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 $16,485 $859,700 $96,460 $763,240
2024 $4,378 $859,670 $96,460 $763,210
2023 $4,378 $207,750 $0 $0
2022 $4,122 $201,700 $0 $0
2021 $4,005 $195,830 $0 $0
2020 $4,538 $284,770 $0 $0
2019 $3,904 $276,490 $0 $0
2018 $3,413 $247,080 $0 $0
2017 $3,442 $168,180 $0 $0
2016 $3,328 $160,990 $0 $0
2015 $3,068 $156,350 $0 $0
2014 $2,928 $152,060 $0 $0
2013 -- $253,330 $74,200 $179,130
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Andrew Gerstman

    Fosters Realty

    (561) 213-9537

    2 in this area

    44 Total Sales

    Section Image

  • T

    Buyer's Agent in 2023

    Taylor Ratzel

    Compass Florida, LLC

    (954) 210-7040

    2 in this area

    11 Total Sales

    Section Image

  • C

    Seller's Agent in 2020

    Constantine Patsimas

    Charles Rutenberg Realty FTL

    (954) 396-3001

    15 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    Nicola Walash

    Premier Listings

    (954) 483-8860

    23 Total Sales

    Section Image

  • C

    Buyer's Agent in 2018

    Constantine Patsimas

    Castelli Real Estate Services

See All Agents

Map

Source: BeachesMLS

MLS Number: R10889185

BeachesMLS

APN: 50-42-10-28-0580

Florida Broward County Fort Lauderdale 33312 Sailboat Bend

724 W Las Olas Blvd, Fort Lauderdale, FL

This home is located at 724 W Las Olas Blvd, Fort Lauderdale, FL 33312 since 12 May 2023 and is currently estimated at $982,726, approximately $443 per square foot. This property was built in 1938. 724 W Las Olas Blvd is a home located in Broward County with nearby schools including North Fork 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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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