NOT LISTED FOR SALE

Estimated Value: $739,000 - $942,000

3 Beds
4 Baths
1,967 Sq Ft
$419/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $825,000 $419 Per Sq Ft

Current estimated payment $5,319/month

37 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Vinyl Flooring
  • Fort Lauderdale High School Rated A
  • Fenced

About This Home

As of September 2024

Prime investment opportunity! This turn-key, renovated triplex in Oakland Park is just minutes from the beach and downtown Fort Lauderdale. The property features three units: two 1-bedroom/1-bath units rented annually, and a spacious 2-bedroom/1-bath unit with access to a private fenced yard with astro turf, rented on Airbnb. Each unit is designed for comfort and convenience, ensuring high tenant satisfaction. With its desirable location and consistent rental income, this triplex is an ideal addition to your investment portfolio. Don't miss out on this exceptional property!Recent updates include impact glass installation, a newer roof, renovations of all three units, a new privacy fence, custom landscaping, tankless water heater, and a fully turfed private yard connected to 3rd unit.

Last Agent to Sell the Property

Dylan Lamb

Compass Florida LLC License #3312228 Listed on: 07/01/2024

Compass Florida LLC

Co-Listed By

Natalia Lamb

Compass Florida LLC License #3411914

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,542

Year Built

  • Built in 1967

Lot Details

  • 5,494 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,967 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 494235040380

Community Details

Overview

  • Association fees include ground maintenance, sewer, trash, water
  • 3 Units
  • Lauderdale Park 6 33 1/2 Subdivision

Building Details

  • Operating Expense $32,760
  • Net Operating Income $60,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,542

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: South on N Dixie Hwy, Right on 17th St, drive past NE 9th Ave and property will be on your left
  • Year Built: 1967
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1967.0

Exterior Features

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

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 494235040380
  • Lot Size: 5494
  • Lot Size Sq Ft: 5494.0
  • Zoning Description: RDS-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 60840.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 32760.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12542.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Sep 6, 2024
Sold by
Gilberti Alexander D and Antle Kaitlyn
Bought by
Space Coqui Holdings Llc
Seller's Agent
Dylan Lamb
Compass Florida LLC
List Price
$799,900
Sold Price
$825,000
Premium/Discount to List
$25,100
3.14%
Views
31
Current Estimated Value
$824,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$968
Avg. Annual Appreciation
-0.10%
Original Mortgage
$660,000
Outstanding Balance
$653,006
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$171,026

Purchase Details

Closed on
Aug 30, 2021
Sold by
Taylor Diana R
Bought by
Gilberti Alexander D and Antle Kaitlyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2017
Sold by
Triplex Llc
Bought by
Taylor Diana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2005
Sold by
Lapidus Valentina
Bought by
812 Triplex Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 2004
Sold by
Lapidus Felix and Lapidus Valentina
Bought by
Lapidus Valentina

Purchase Details

Closed on
Dec 4, 1997
Sold by
Silverman Kenny
Bought by
Lapidus Felix and Lapidus Valentina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
7.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 1996
Sold by
Borum William J and Borum T
Bought by
Silverman Kenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,092
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 1989
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
Space Coqui Holdings Llc $825,000 Nationwide Land Title
Gilberti Alexander D $575,000 Title Of America Llc
Taylor Diana R $400,000 Attorney
812 Triplex Llc $350,000 Tropic Title
Lapidus Valentina -- --
Lapidus Felix $125,000 --
Silverman Kenny $95,000 --
Available Not $70,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Space Coqui Holdings Llc $660,000
Previous Owner Gilberti Alexander D $386,250
Previous Owner Taylor Diana R $392,755
Previous Owner 812 Triplex Llc $280,000
Previous Owner Silverman Kenny $87,500
Previous Owner Silverman Kenny $95,092
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold $825,000 +3.1% $419 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $799,900 -- $407 / Sq Ft
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 $11,714 $747,860 $27,470 $720,390
2024 $12,542 $568,900 $43,950 $524,950
2023 $12,542 $568,900 $43,950 $524,950
2022 $11,416 $523,870 $43,950 $479,920
2021 $6,991 $327,570 $0 $0
2020 $7,633 $363,790 $0 $0
2019 $6,680 $350,170 $0 $0
2018 $6,378 $350,180 $43,950 $306,230
2017 $4,612 $189,010 $0 $0
2016 $4,311 $171,830 $0 $0
2015 $3,892 $156,210 $0 $0
2014 $3,641 $142,010 $0 $0
2013 -- $148,760 $43,950 $104,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11001039

BeachesMLS

APN: 49-42-35-04-0380