NOT LISTED FOR SALE
-- Bed
-- Bath
6,197 Sq Ft
0.29 Acres

Last Sold September 07, 2023

Last sale price $2,730,000 $441 Per Sq Ft

364 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Tile Flooring
  • Laundry Facilities
  • Room in yard for a pool
  • Central Heating and Cooling System
  • Fenced

About This Home

As of September 2023

Welcome to Candlelight! A Beautiful 8 unit apartment complex located in the multi-million dollar neighborhood of Santa Barbara Shores! Run short term vacation rentals or long term rentals with boats, jet skis, & water toys right off the back! This unique building offers 4 large 2/2's, 4 large 1/1's, 4 boat slips (30' each), an office with a toilet and sink, and a laundry facility. 60' Waterfront, Ocean Access, No Fixed Bridges. East Facing exposure for constant breeze and shade in the afternoon. Large courtyard and backyard for activities! The income possibilities are endless! 4 brand new HVAC systems for central cooling upstairs and 8 new wall units downstairs! Property was appraised at $3.88M on 7/14/23. The 50 year inspection report is already done! Cash Only! No Seller Financing!

Last Agent to Sell the Property

Kenley Collins

Premier Listings License #3475375 Listed on: 09/08/2022

Last Buyer's Agent

Veroushka Volkert

One Sotheby's Int'l Realty License #3436293

One Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,255

Year Built

  • Built in 1962

Lot Details

  • 60 Feet of Waterfront
  • Home fronts a canal
  • Fenced

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 6,197 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Pool

  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 494306260930

Community Details

Overview

  • 4 Units
  • Santa Barbara Shores Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,255

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: East of US1. GPS
  • Year Built: 1962
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 6197.0

Exterior Features

  • Exterior Features: Fence, Room For Pool
  • Road Frontage Type: Waterfront
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront Features: Canal Front, Dock Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Water
  • Community Features: Non-Gated, Laundry Facilities

Lot Info

  • Parcel #: 494306260930
  • Lot Size: 12,497
  • Zoning Description: RM-20

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 31255.0

Multi Family

  • Number Of Units Total: 4

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2023 09/07/23 Sold $2,730,000 -25.2% $441 / Sq Ft
07/15/2023 07/15/23 Price Changed $3,650,000 -26.3% $589 / Sq Ft
04/28/2023 04/28/23 For Sale $4,950,000 0.0% $799 / Sq Ft
03/05/2023 03/05/23 Off Market $4,950,000 -- --
09/08/2022 09/08/22 For Sale $4,950,000 -- $799 / 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 $51,352 $2,375,670 $374,910 $2,000,760
2024 $35,480 $2,375,670 $374,910 $2,000,760
2023 $35,480 $1,575,990 $374,910 $1,201,080
2022 $33,582 $1,534,050 $374,910 $1,159,140
2021 $31,256 $1,427,790 $374,910 $1,052,880
2020 $30,098 $1,489,310 $374,910 $1,114,400
2019 $27,345 $1,295,820 $374,910 $920,910
2018 $24,828 $1,218,220 $374,910 $843,310
2017 $22,425 $1,014,220 $0 $0
2016 $20,132 $922,020 $0 $0
2015 $18,714 $838,200 $0 $0
2014 $17,363 $769,590 $0 $0
2013 -- $748,130 $374,910 $373,220
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10347816

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-06-26-0930