NOT LISTED FOR SALE

Estimated Value: $1,058,308 - $1,460,000

8 Beds
4 Baths
3,371 Sq Ft
$355/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $850,000 $252 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,710/month

101 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Tile Flooring
  • Harbordale Elementary School Rated A-
  • Complete Impact Glass
  • Central Heating and Cooling System

About This Home

As of November 2020

Rarely Available 4-Plex “AIRBNB RENTAL” Located in the heart of Rio Vista. Currently set up as a VRBO, this property boasts 4 huge (814 SqFt) 2 Bedroom,one bath units surrounded by beautiful old FL charm, with large yard space. Owner currently averages a daily rental rate of $90, keeping the property close to fully rented year round. Impeccably kept with Impact glass & impact doors throughout. Units are separately metered with common area washer & dryer. Two parking spaces per unit (8 total). Ready for the new owner to put their personal touch on the property & start increasing the average daily rates ,which have room to be increased. Very quiet & peaceful surroundings. Ideally located by prime retail, Las Olas Blvd, Fort Laud Beach,Port Everglades, and the Fort Laud International Airport.

Last Agent to Sell the Property

Rick Bonvie

Bonvie Realty License #0610564 Listed on: 06/27/2020

Last Buyer's Agent

Rick Bonvie

Bonvie Realty License #0610564 Listed on: 06/27/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,774

Year Built

  • Built in 1968 | Newly Remodeled

Lot Details

  • 9,278

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 3,371 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Tile Flooring

Home Security

  • Complete Impact Glass
  • High Impact Door

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Everglades Land Sales Co Condos
  • Everglades Land Sales Co Subdivision

Listing and Financial Details

  • Rent includes cable TV, electricity, hot water, gardener, pest control, trash collection, water
  • Assessor Parcel Number 504214030510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,774

Year Built

Built in 1968 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached, Ranch
  • Directions: Located at 904 SE 12th Court in the Heart of Rio Vista. Head East on Davie Road past federal highway, then bare right and turn down 12th Court. Located towards end of the street on the south side of the road.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: EVERGLADES LAND SALES CO
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Partially Furnished
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Clear Impact Glass, Complete Impact Glass, Impact Glass

Exterior Features

  • Roof: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: EVERGLADES LAND SALES CO
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504214030510
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Cable TV, Electricity, Hot Water, Gardener, Pest Control, Trash Collection, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10774

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2020
Closed on
Nov 30, 2020
Sold by
Mozzicato Holdings Llc
Bought by
Griffin Deborah and Deborah Griffin Revocable Trus
Seller's Agent
Rick Bonvie
Bonvie Realty
Buyer's Agent
Rick Bonvie
Bonvie Realty
List Price
$995,000
Sold Price
$850,000
Premium/Discount to List
-$145,000
-14.57%
Current Estimated Value
$1,196,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,077
Avg. Annual Appreciation
6.49%

Purchase Details

Listed on
Apr 22, 2012
Closed on
Mar 12, 2012
Sold by
Mozzicato Michelangelo
Bought by
Mozzicato Holdings Llc
Seller's Agent
Sandy Sonkin
Keller Williams Realty Profess
Buyer's Agent
Sandy Sonkin
Keller Williams Realty Profess
Sold Price
$1,200

Purchase Details

Closed on
Sep 23, 2010
Sold by
Arsali Nicholas
Bought by
Mozzicato Michelangelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2010
Sold by
Peters Cinara and Peters Brian
Bought by
Arsali Nicholas

Purchase Details

Closed on
Jul 1, 2005
Sold by
Grodner Seymour and Grodner Ethel
Bought by
Peters Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2003
Sold by
Hengre Inc
Bought by
Grodner Seymour and Grodner Ethel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2001
Sold by
Henry J Greenberg I
Bought by
Hengre Inc

Purchase Details

Closed on
Oct 16, 1998
Sold by
Mclaughlin Michael A and Mclaughlin Margaret S
Bought by
Greenberg Henry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 1993
Sold by
Dax Steve and Dax Ana
Bought by
Mclaughlin Michael A and Mclaughlin Margaret S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.34%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Griffin Deborah $850,000 Reliable Title Inc
Mozzicato Holdings Llc $189,000 Attorney
Mozzicato Michelangelo $260,000 Attorney
Arsali Nicholas $200,100 None Available
Peters Brian $625,000 United Republic Title
Grodner Seymour $380,000 Palm Title Services Inc
Hengre Inc $196,600 --
Greenberg Henry J $225,000 --
Mclaughlin Michael A $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mozzicato Michelangelo $195,000
Previous Owner Peters Brian $55,000
Previous Owner Peters Brian $500,000
Previous Owner Grodner Seymour $94,000
Previous Owner Grodner Seymour $266,000
Previous Owner Greenberg Henry J $180,000
Previous Owner Mclaughlin Michael A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $850,000 -5.5% $252 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $899,000 -5.3% $267 / Sq Ft
07/13/2020 07/13/20 Price Changed $949,500 -4.6% $282 / Sq Ft
06/27/2020 06/27/20 For Sale $995,000 0.0% $295 / Sq Ft
04/22/2012 04/22/12 Rented $1,200 0.0% --
04/22/2012 04/22/12 For Rent $1,200 -- --
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 $14,920 $752,560 $232,380 $520,180
2024 $14,684 $692,420 $92,950 $599,470
2023 $14,684 $673,000 $92,950 $580,050
2022 $14,359 $673,000 $92,950 $580,050
2021 $16,045 $765,230 $92,950 $672,280
2020 $12,473 $596,950 $92,950 $504,000
2019 $10,774 $512,810 $92,950 $419,860
2018 $11,397 $637,400 $92,950 $544,450
2017 $10,493 $486,730 $0 $0
2016 $9,760 $442,490 $0 $0
2015 $8,830 $402,270 $0 $0
2014 $8,206 $365,700 $0 $0
2013 -- $341,280 $92,950 $248,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10884038

MIAMI REALTORS® MLS

APN: 50-42-14-03-0510