$1,050,000
SOLD MAY 2, 2023 RENTED OCT 15, 2024
4 Beds
3 Baths
2,352 Sq Ft
2.25 Acres

Recently Sold

$446 Per Sq Ft

34% Below List Price

91 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Home fronts a canal
  • Fox Trail Elementary School Rated A-
  • 97,820 Sq Ft lot
  • Fruit Trees

About This Home

As of May 2023

PRICE REDUCED!!DEVELOPMENT OPPORTUNITY!!! EXTREMELY PRIME LOCATION IN DAVIE. BUILD 10+ TOWNHOUSES or DREAM RANCH. Prime strip of land to build 10-15 units (2.24 acres). Townhouses in the area sell for $500k. Single family homes in the area sell for $800k. Prime location in west Davie close to 595. Potential Gross Income over $7.5M if the developer sells the units. Build and rent each unit starting at $2800 per month (based on area data), potential rental income $40k+ per month. Please note, a well maintained 2300 sq ft single family home with a pool also occupies the land. Potential buyer could buy it as a single family home with over 2 acres to build out a dream ranch. The parcel is currently zoned AG (Agricultural). Buyer will have to rezone and plot the land if building multiple units.

Last Agent to Sell the Property

Khaliq King

RE/MAX Interaction Realty License #3408544 Listed on: 05/10/2022

RE/MAX Interaction Realty

Last Buyer's Agent

Khaliq King

RE/MAX Interaction Realty License #3408544 Listed on: 05/10/2022

RE/MAX Interaction Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,979

Year Built

  • Built in 1971

Lot Details

  • 2.25 Acre Lot
  • Home fronts a canal
  • East Facing Home
  • Privacy Fence
  • Fenced
  • Fruit Trees
  • Property is zoned AG

Parking

  • 4 Car Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Garden
  • Pool

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,352 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Private Pool
  • Patio

Community Details

  • Fla. Fruit Lands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504012000081

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,979

Year Built

Built in 1971

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: GPS
  • Year Built: 1971
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry, Main Level Master
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Appliances: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Laminate
  • Living Area: 2352.0
  • Dining Room Type: Other

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Patio, Privacy Wall
  • View: Garden, Pool
  • Lot Features: 2-3 Acres
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • Waterfront Features: Canal Front
  • Waterfront: No
  • Construction Type: Brick, Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Other, RV Access/Parking

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Other
  • Senior Community: No

Lot Info

  • Parcel #: 504012000081
  • Lot Size Sq Ft: 97820.0
  • Zoning Description: AG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13979.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Apr 28, 2023
Sold by
Adams Hance and Kelly Lynn
Bought by
Rhino Homes Llc
Seller's Agent
Khaliq King
RE/MAX Interaction Realty
Buyer's Agent
Khaliq King
RE/MAX Interaction Realty
List Price
$1,600,000
Sold Price
$1,050,000
Premium/Discount to List
-$550,000
-34.38%
Views
72
Current Estimated Value
$1,152,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,938
Avg. Annual Appreciation
5.46%
Original Mortgage
$350,000
Interest Rate
6.35%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 31, 2012
Sold by
Coello Arthur and Coello Lilia
Bought by
Adams Kelly Lynn and Adams Hance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Reed Mark and Reed Iris
Bought by
Coello Arthur and Coello Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
8.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 25, 2000
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
May 29, 1993
Sold by
Tozzi Judith A
Bought by
Laskow Albert and Laskow Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
7.39%
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 Type Sale Price Title Company
Warranty Deed $1,050,000 None Listed On Document
Warranty Deed $325,000 Associated Title & Escrow Co
Warranty Deed $665,000 --
Quit Claim Deed $10,000 --
Warranty Deed $178,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 New Conventional
Previous Owner $308,750 New Conventional
Previous Owner $585,000 Fannie Mae Freddie Mac
Previous Owner $142,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Rented $5,950 0.0% --
09/10/2024 09/10/24 Price Changed $5,950 -15.0% $3 / Sq Ft
09/10/2024 09/10/24 Under Contract -- -- --
09/01/2024 09/01/24 Rented $7,000 +17.6% --
09/01/2024 09/01/24 Price Changed $5,950 -8.5% $3 / Sq Ft
08/17/2024 08/17/24 For Rent $6,500 0.0% --
05/02/2023 05/02/23 Sold $1,050,000 -30.0% $446 / Sq Ft
02/12/2023 02/12/23 Price Changed $1,500,000 -6.3% $638 / Sq Ft
08/08/2022 08/08/22 For Sale $1,600,000 0.0% $680 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $1,600,000 -- $680 / 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 $19,761 $933,940 $464,650 $469,290
2024 $16,383 $933,940 $464,650 $469,290
2023 $16,383 $759,200 $464,650 $294,550
2022 $15,090 $709,790 $464,650 $245,140
2021 $13,979 $655,960 $464,650 $191,310
2020 $13,207 $652,270 $464,650 $187,620
2019 $12,431 $648,580 $464,650 $183,930
2018 $11,341 $615,270 $440,190 $175,080
2017 $9,781 $451,140 $0 $0
2016 $9,340 $410,130 $0 $0
2015 $8,468 $372,850 $0 $0
2014 $8,249 $355,160 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10330255

BeachesMLS (Greater Fort Lauderdale)

APN: 50-40-12-00-0081