NOT LISTED FOR SALE

911 NW 62nd Ave Hollywood, FL 33024

441 Corridor Neighborhood

Estimated Value: $379,000 - $761,000

-- Bed
-- Bath
2,200 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $372,000 $169 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,319/month

43 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • 4-minute walk to Carlton Montayne Park

About This Home

As of September 2016

The subject property consists of two concurrent properties totaling 2200 square feet of leasable space sitting on a large 16,615 square foot lot. Great C-3 zoning allows many future uses perfect for a development project. Properties sit directly on Johnson St. There are 5 residential units, all leased. The current net income $42,319 annually. This provides an investor with a very strong above market Capitalization rate of 10.88%.
Please see attached offering package for details

Last Agent to Sell the Property

John DeMarco

RE/MAX 5 Star Realty License #3134747 Listed on: 07/20/2016

RE/MAX 5 Star Realty

Last Buyer's Agent

Volodymyr Kashperko

MMLS Assoc.-Inactive Member License #3358365

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,921

Year Built

  • Built in 1958

Lot Details

  • 0.26

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 5 Units
  • Hollywood Beach Heights S Condos
  • Hollywood Beach Heights S Subdivision

Listing and Financial Details

  • Rent includes hot water, gardener
  • Assessor Parcel Number 514112051810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,921

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Directions: Just west of 441 on Johnson St
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: Hollywood Beach Heights S
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2200
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: Hollywood Beach Heights S
  • Total Parking Spaces: 5

Utilities

  • Sewer: Other
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514112051810
  • Zoning: RM-12
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4921

Multi Family

  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Sep 14, 2016
Sold by
Blanco Jeannette
Bought by
Sm Investments 18 Llc
Seller's Agent
John DeMarco
RE/MAX 5 Star Realty
Buyer's Agent
Volodymyr Kashperko
MMLS Assoc.-Inactive Member
List Price
$389,000
Sold Price
$372,000
Premium/Discount to List
-$17,000
-4.37%
Current Estimated Value
$491,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,127
Avg. Annual Appreciation
3.76%

Purchase Details

Closed on
Jun 18, 2013
Sold by
1300 Hollywood Llc
Bought by
Blanco Jeannette

Purchase Details

Closed on
Dec 20, 2010
Sold by
62 Realty Llc
Bought by
1300 Hollywood Llc

Purchase Details

Closed on
Dec 6, 2006
Sold by
Blanco Jeannette
Bought by
62 Realty Llc

Purchase Details

Closed on
Jun 28, 2006
Sold by
Grant 62 Inc
Bought by
Blanco Jeannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2006
Sold by
Marquina Candice A
Bought by
Grant 62 Inc

Purchase Details

Closed on
Nov 15, 2005
Sold by
Blanco Jeannette
Bought by
Venice Investments Llc

Purchase Details

Closed on
Jun 25, 2004
Sold by
Dambrosio Daniel and Dambrosio Verna L
Bought by
Ssfc Properties #5 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 29, 2002
Sold by
Dambrosio Daniel
Bought by
Dambrosio Verna

Purchase Details

Closed on
Jun 15, 2000
Sold by
Rep Ruth Fallang Anderson
Bought by
Dambrosio Daniel
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
Sm Investments 18 Llc $372,000 None Available
Blanco Jeannette -- None Available
1300 Hollywood Llc $39,000 None Available
62 Realty Llc -- None Available
Blanco Jeannette $290,000 Legal Title Services
Grant 62 Inc -- None Available
Venice Investments Llc -- None Available
Ssfc Properties #5 Inc $167,000 Legal Title Services
Dambrosio Verna -- --
Dambrosio Daniel -- --
Dambrosio Daniel -- --
Dambrosio Daniel -- --
Dambrosio Daniel $69,000 --
Dambrosio Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blanco Jeannette $203,000
Previous Owner Ssfc Properties #5 Inc $120,000
Previous Owner Dambrosio Daniel $11,000
Closed Ssfc Properties #5 Inc $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $372,000 -4.4% $169 / Sq Ft
07/20/2016 07/20/16 For Sale $389,000 -- $177 / Sq Ft
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 $7,718 $361,930 -- --
2024 $6,976 $361,930 -- --
2023 $6,976 $299,120 $0 $0
2022 $6,020 $271,930 $0 $0
2021 $5,466 $247,210 $101,850 $145,360
2020 $5,412 $244,400 $101,850 $142,550
2019 $5,464 $243,660 $101,850 $141,810
2018 $8,058 $390,070 $101,850 $288,220
2017 $7,215 $334,800 $0 $0
2016 $3,534 $150,090 $0 $0
2015 $3,192 $136,450 $0 $0
2014 $2,945 $124,050 $0 $0
2013 -- $136,670 $67,900 $68,770
Source: Public Records

Agents Affiliated with this Home

  • John DeMarco

    Seller's Agent in 2016

    John DeMarco

    RE/MAX

    (954) 453-1004

    5 in this area

    215 Total Sales

    John DeMarco
    Section Image

  • V

    Buyer's Agent in 2016

    Volodymyr Kashperko

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10119194

MIAMI REALTORS® MLS

APN: 51-41-12-05-1810

Florida Broward County Hollywood 33024 441 Corridor

911 NW 62nd Ave, Hollywood, FL

This home is located at 911 NW 62nd Ave, Hollywood, FL 33024 since 20 July 2016 and is currently estimated at $491,127, approximately $223 per square foot. This property was built in 1958. 911 NW 62nd Ave is a home located in Broward County with nearby schools including West Hollywood Elementary School, Apollo Middle School, and McArthur 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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