NOT LISTED FOR SALE

7910 Colony Cir N Tamarac, FL 33321

Woodland Lakes Neighborhood

Estimated Value: $145,000 - $163,000

2 Beds
2 Baths
949 Sq Ft
$162/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $725,000 $764 Per Sq Ft

Current estimated payment $1,638/month

58 Days on Market

Highlights

  • Tile Flooring
  • Millennium Middle School Rated A
  • Central Heating and Cooling System

About This Home

As of May 2024

**6.9% CAP RATE** Introducing a 4 Unit Bulk Condo Portfolio (was PREVIOUSLY 5 BUT ONE IS SOLD) Sale in Versailles Gardens Condominium in Tamarac. 3 are 2/2's and 1 is a 1/1.5 All 4 CONDOS are rented to LONG-TERM tenants on annual leases & all units are well maintained. Many of the tenants are rented to Section 8 Tenants--- GUARANTEED RENT! NOI- $51,576 per year, Gross Rent Roll- $95,512/Y, ROI- 6.5% Monthly COA fee at Versailles Gardens is $509 and roofs and buildings were just painted a couple years ago! This is an incredible opportunity for the savvy investor looking to add excellent-performing units, EASY to manage with 6-7% RETURNS in high demand locations for rentals. Association allow immediate renting and are investor-friendly (annual leases only!).HAVE 9 OTHERS IN ANOTHER COA

Last Listed By

Mitchell Lvovsky

Cutting Edge Investments & Realty Inc License #3256718 Listed on: 03/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,147

Year Built

  • Built in 1975

Lot Details

  • 36

HOA Fees

  • $509 Monthly HOA Fees

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 949 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $97,512
  • Rent includes pool maintenance, sewer, trash collection, water
  • Assessor Parcel Number 494109CB1690

Community Details

Overview

  • 2 Units
  • Versailles Gardens Condo
  • Versailles Gardens Condo Subdivision

Building Details

  • Net Operating Income $51,576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,147

Year Built

Built in 1975

Lot Details

0

HOA Fees

$509 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 1975
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: VERSAILLES GARDENS CONDO
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 949
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: VERSAILLES GARDENS CONDO
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association Fee: 509
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 494109CB1690
  • Zoning: R-3
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Pool Maintenance, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 51576
  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Total Actual Rent: 97512

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 3, 2024
Sold by
Cicfad Llc
Bought by
Silver Whistle Llc
Seller's Agent
Mitchell Lvovsky
Cutting Edge Investments & Realty Inc
Buyer's Agent
Andrea Villa
Encore International Realty LLC
List Price
$975,000
Sold Price
$725,000
Premium/Discount to List
-$250,000
-25.64%
Total Days on Market
58
Views
36
Current Estimated Value
$153,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$571,613
Avg. Annual Appreciation
-78.52%

Purchase Details

Closed on
Oct 29, 2019
Sold by
Guzman Amelia and Sklar Cory Myers
Bought by
Cicfad Llc

Purchase Details

Closed on
Oct 27, 2017
Sold by
Sklar Amelia Guzman
Bought by
Sklar Amelia Guzman and Sklar Cory Myers

Purchase Details

Closed on
Dec 9, 2013
Sold by
Goldberg Richard S and Goldberg Renata
Bought by
Sklar Amelia Guzman

Purchase Details

Closed on
Nov 27, 2001
Sold by
Goldberg Richard S and Goldberg Renata
Bought by
Goldberg Richard S and Goldberg Renata

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,800
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1982
Sold by
Available Not
Bought by
Available Not

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
Silver Whistle Llc $155,500 South Florida Title
Cicfad Llc $100,000 Lawyers Advantage Ttl Group
Sklar Amelia Guzman -- Attorney
Sklar Amelia Guzman $65,000 Capital Abstract & Title Inc
Goldberg Richard S -- Main Street Title & Escrow
Available Not $27,964 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldberg Richard S $36,800
Previous Owner Goldberg Richard S $36,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $725,000 -6.5% $764 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $775,000 -20.5% $817 / Sq Ft
03/04/2024 03/04/24 For Sale $975,000 0.0% $1,027 / Sq Ft
02/01/2016 02/01/16 Rented $950 0.0% --
01/02/2016 01/02/16 Under Contract -- -- --
09/24/2015 09/24/15 For Rent $950 -- --
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 $3,237 $142,980 $14,300 $128,680
2024 $3,045 $142,980 $14,300 $128,680
2023 $3,045 $106,740 $0 $0
2022 $2,623 $97,040 $0 $0
2021 $2,377 $88,220 $8,820 $79,400
2020 $2,229 $81,490 $8,150 $73,340
2019 $2,063 $75,100 $7,510 $67,590
2018 $1,933 $73,930 $7,390 $66,540
2017 $1,804 $60,080 $0 $0
2016 $1,680 $54,620 $0 $0
2015 $1,640 $55,430 $0 $0
2014 $1,712 $57,860 $0 $0
2013 -- $39,220 $3,920 $35,300
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Lvovsky

    Seller's Agent in 2024

    Mitchell Lvovsky

    Cutting Edge Investments & Realty Inc

    (954) 547-1962

    13 in this area

    80 Total Sales

    Mitchell Lvovsky
    Section Image

  • A

    Buyer's Agent in 2024

    Andrea Villa

    Encore International Realty LLC

    (954) 470-1535

    6 in this area

    7 Total Sales

    Andrea Villa
    Section Image

  • K

    Seller's Agent in 2016

    Karen Toledano

    Gold Keys International Realty

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11543690

MIAMI REALTORS® MLS

APN: 49-41-09-CB-1530

Florida Broward County Tamarac 33321 Woodland Lakes

7910 Colony Cir N, Tamarac, FL

Homes for Sale in Tamarac, FL

This home is located at 7910 Colony Cir N, Tamarac, FL 33321 since 04 March 2024 and is currently estimated at $153,387, approximately $161 per square foot. This property was built in 1975. 7910 Colony Cir N is a home located in Broward County with nearby schools including Challenger Elementary School, Millennium Middle School, and J. P. Taravella 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.

MIAMI REALTORS® MLS 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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