NOT LISTED FOR SALE

740 SW 2 St Fort Lauderdale, FL 33312

Sailboat Bend Neighborhood

Estimated Value: $635,000 - $1,052,051

4 Beds
4 Baths
2,333 Sq Ft
$357/Sq Ft Est. Value

Last Sold October 29, 2013

Last sale price $315,000 $135 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $5,554/month

27 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 4-minute walk to Esplanade Park
  • Tile Flooring

About This Home

As of October 2013

Not a short sale or a foreclosure!! Great location to own a fully occupied building near performing arts center and riverwalk. Close to public transportation. On a larger than normal lot for this area. Renovated with newer kitchens and newer baths. Coin laundry on premises. Call now for a showing. Cap rate 10%. Seller encourages further showings and backup offers.

Last Agent to Sell the Property

Robert Benson

Redfin Corporation License #0691890 Listed on: 09/01/2013

Redfin Corporation

Last Buyer's Agent

Andrew Dittoe

Acadia Real Estate Properties License #3222471

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,781

Year Built

  • Built in 1976

Lot Details

  • 8,625

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,333 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Community Details

  • 4 Units
  • Bryans Sub Subdivision, All Rented !! Floorplan

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 504210280300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,781

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1976
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2333.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Water

Lot Info

  • Parcel #: 504210280300
  • Zoning Description: R

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2781.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2015
Sold by
Mcbee Mark
Bought by
Mcbee Mark
Current Estimated Value
$833,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,999
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2015
Sold by
Tortorello Frank and Roth Sophia B
Bought by
Mcbee Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 1, 2013
Closed on
Oct 29, 2013
Sold by
Rayner Lisa
Bought by
Tortorello Frank and Roth Sophia B
Seller's Agent
Robert Benson
Redfin Corporation
Buyer's Agent
Andrew Dittoe
Acadia Real Estate Properties
List Price
$349,000
Sold Price
$315,000
Premium/Discount to List
-$34,000
-9.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$225,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2011
Sold by
Us Bank National Association
Bought by
Rayner Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2010
Sold by
Nft Vill Llc and Newman Aaron
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 17, 2008
Sold by
Newman Aaron
Bought by
Nft Village Llc

Purchase Details

Closed on
Feb 9, 2005
Sold by
Saunders Brothers Inc
Bought by
Newman Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 1999
Sold by
Merrill Lynch Credit Corp
Bought by
Saunders Brothers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 1996
Sold by
Clerk Of The Court
Bought by
First Nationwide Mortgage Corp
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
Mcbee Mark -- Db Title Llc
Mcbee Mark $410,000 None Available
Tortorello Frank $315,000 Spectrum Title Services Llc
Rayner Lisa $105,000 Servicelink
Us Bank National Association -- None Available
Nft Village Llc -- All Island Title Inc
Newman Aaron $300,000 --
Saunders Brothers Inc $70,000 --
Merrill Lynch Credit Corp $100 --
First Nationwide Mortgage Corp $105,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbee Mark $58,558
Open Mcbee Mark $377,770
Closed Mcbee Mark $416,999
Closed Mcbee Mark $410,000
Previous Owner Tortorello Frank $225,000
Previous Owner Rayner Lisa $145,000
Previous Owner Newman Aaron $30,000
Previous Owner Newman Aaron $240,000
Previous Owner First Nationwide Mortgage Corp $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2013 10/29/13 Sold $315,000 -9.7% $135 / Sq Ft
09/29/2013 09/29/13 Pending -- -- --
09/01/2013 09/01/13 For Sale $349,000 -- $150 / 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 $12,286 $646,410 -- --
2024 $11,610 $591,770 -- --
2023 $11,610 $546,760 $0 $0
2022 $10,559 $500,900 $0 $0
2021 $9,916 $459,100 $0 $0
2020 $9,084 $442,000 $0 $0
2019 $7,811 $387,490 $0 $0
2018 $7,919 $430,780 $0 $0
2017 $6,799 $348,500 $0 $0
2016 $6,400 $323,100 $0 $0
2015 $6,386 $276,990 $0 $0
2014 -- $251,810 $0 $0
2013 -- $136,700 $25,880 $110,820
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2013

    Andrew Dittoe

    Acadia Real Estate Properties

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1253671

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-10-28-0300

Florida Broward County Fort Lauderdale 33312 Sailboat Bend

740 SW 2 St, Fort Lauderdale, FL

This home is located at 740 SW 2 St, Fort Lauderdale, FL 33312 since 01 September 2013 and is currently estimated at $833,013, approximately $357 per square foot. This property was built in 1976. 740 SW 2 St 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 (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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