NOT LISTED FOR SALE
-- Bed
4 Baths
5,724 Sq Ft
10,320 Sq Ft Lot Lot

Sale Details

Date Sold: June 14, 2019

Last sale price $805,000 $141 Per Sq Ft

66 Days on Market

Highlights

  • Garden View
  • Interior Lot
  • Central Heating and Cooling System
  • No HOA
  • Ceramic Tile Flooring

About This Home

As of June 2019

THIS DEAL IS PART OF A 32-UNIT Portfolio comprising of 927 S Pine St, 714 S F, and 805-809-817-821 S H. AGGRESSIVE VALUE-ADD PLAY – 8-UNIT CASH FLOW MACHINE IN LAKE WORTH! Attention value hunters — 927 South Pine Street delivers the kind of construction, strong in-place income, and rent-growth upside that’s getting harder to find in today’s market. This two-story concrete block (CBS) apartment building features a brand-new roof and a highly desirable unit mix, positioning the next owner for both immediate returns and future rent expansion. Property snapshot: 8 market rate apartments individually metered for water & electric Four 1BR/1BA units averaging $1,600/month Four 4:2BR/1BA units averaging $1,800/month collecting Over $13,000 monthly Tenants pay ALL utilities Solid concrete block construction Brand new roof = reduced near-term capex Recent capital improvements keep operating costs low Why this Location Performs:
Situated in a quiet, stable neighborhood with excellent access to major job centers, schools, parks, the beach, and I-95 Why This Deal Hits: Strong in-place cash flow Minimal operating expenses Major capital item already completed Clear value-add opportunity with upside on rents Ideal for a hands-on investor ready to push performance Stabilized income today — meaningful upside tomorrow.
Assets with this combination of utilities paid by tenants + new roof + CBS construction are getting scooped up

Last Agent to Sell the Property

Marcy Portugal

Paradise Real Estate Intl License #3013996 Listed on: 01/28/2019

Paradise Real Estate Intl

Last Buyer's Agent

Marcy Portugal

Paradise Real Estate Intl License #3013996 Listed on: 01/28/2019

Paradise Real Estate Intl

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,983

Year Built

  • Built in 1974

Lot Details

  • 10,320 Sq Ft Lot
  • Interior Lot
  • Paved or Partially Paved Lot

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4 Bathrooms
  • 5,724 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, water
  • Assessor Parcel Number 38434428060010120

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Lakeview Heights Add 4 Subdivision

Building Details

  • Gross Income $88,800
  • Net Operating Income $63,446

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,983

Year Built

Built in 1974

Lot Details

10,320 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: I-95 TO E on 6th Ave S, to S on S ''A'' St, to W on Elm St, to S on Pine St to property on W side.
  • Year Built: 1974
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 5724.0

Exterior Features

  • View: Garden
  • Lot Features: Interior Lot, < 1/4 Acre
  • Pool Private: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 38434428060010120
  • Lot Size Acres: 0.24
  • Lot Size: 80.0 ft x 129.0 ft
  • Lot Size Sq Ft: 10454.4
  • Mobile Dim Units: Feet
  • Zoning: SF-TF-14

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Multi Family

  • Property Net Operating Income: 63446.28
  • Number Of Units In Community: 8
  • Annual Gross Income: 88800.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 14983.0
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/20/2026 05/20/26 Pending -- -- --
02/20/2026 02/20/26 For Sale $1,700,000 +111.2% $297 / Sq Ft
06/14/2019 06/14/19 Sold $805,000 -5.3% $141 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $849,900 -- $148 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,726 $570,565 -- --
2024 $15,726 $531,299 -- --
2023 $15,967 $558,859 $121,200 $437,659
2022 $14,702 $499,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10499551

BeachesMLS (Greater Fort Lauderdale)
Your Personal Tour Guide

Ask me questions while you tour the home.