NOT LISTED FOR SALE

Estimated Value: $859,000 - $1,044,000

3 Beds
3 Baths
2,696 Sq Ft
$351/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2022

Last sale price $864,250 $321 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,500 / mo

115 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window
  • Wood Siding
  • 1-Story Property

About This Home

As of October 2022

***TURNKEY APARTMENT BUILDING IN QUIET RESIDENTIAL NEIGHBORHOOD EAST OF US-1!*** Perfect hands free investment in a top location in the rapidly developing Hollywood market. Just blocks from Young Circle and downtown. Well balanced unit mix. All units updated and rented, large lot with on-site storage, and already producing over $6,000 in monthly income. Already under professional management, this property is truly turn-key. Property is fully leased, kindly do not disturb tenants.

Last Agent to Sell the Property

Ty Forkner

One Sotheby's International Realty Brokerage Email: MLS@onesothebysrealty.com License #3087726 Listed on: 06/13/2022

One Sotheby's International Realty

Last Buyer's Agent

Sigal Dagan

One Sotheby's International Realty License #3020499

One Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,558

Year Built

  • Built in 1948

Lot Details

  • 10,411

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,696 Sq Ft Home
  • 1-Story Property
  • Blinds

Flooring

  • Tile
  • Vinyl

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Hollywood Condos
  • Hollywood Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 514215022070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,558

Year Built

Built in 1948

Lot Details

10,411 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HOLLYWOOD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: MLS@onesothebysrealty.com
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Tile, Vinyl
  • Living Area: 2696
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction, Wood Siding
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • 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: 514215022070
  • Zoning: FH-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13558

Multi Family

  • Number Of Units In Community: 4

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Oct 31, 2022
Sold by
Bought by
Seller's Agent
Ty Forkner
One Sotheby's International Realty
Buyer's Agent
Sigal Dagan
One Sotheby's International Realty
List Price
$1,250,000
Sold Price
$864,250
Premium/Discount to List
-$385,750
-30.86%
Views
16
Current Estimated Value
$946,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,629
Avg. Annual Appreciation
2.52%

Purchase Details

Closed on
Aug 9, 2021
Sold by
Bought by

Purchase Details

Listed on
Aug 25, 2020
Closed on
Dec 11, 2020
Sold by
Bought by
Seller's Agent
Chris Kennedy
Mayfair Real Estate LLC
Buyer's Agent
Ty Forkner
One Sotheby's International Realty
List Price
$699,900
Sold Price
$650,000
Premium/Discount to List
-$49,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$487,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2020
Closed on
Dec 3, 2020
Sold by
Bought by
Seller's Agent
Chris Kennedy
Mayfair Real Estate LLC
Buyer's Agent
Ty Forkner
One Sotheby's International Realty
List Price
$699,900
Sold Price
$650,000
Premium/Discount to List
-$49,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2017
Bought by

Purchase Details

Closed on
Oct 24, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1988
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Buyer Sale Price Title Company
$864,300 Florida Title Center
-- Geller Lance
$650,000 Attorney
-- Attorney
$425,000 --
$100 --
$107,643 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $487,500
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 Prior Sale
10/31/2022 10/31/22 Sold $864,250 -7.1% $321 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/03/2022 10/03/22 Price Changed $930,000 -25.6% $345 / Sq Ft
06/13/2022 06/13/22 For Sale $1,250,000 +92.3% $464 / Sq Ft
12/16/2020 12/16/20 Sold $650,000 -7.1% $239 / Sq Ft View Prior Sale
11/16/2020 11/16/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $699,900 -- $257 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2026 $16,635 $724,970 $124,970 $600,000
2025 $15,367 $724,970 $124,970 $600,000
2024 $14,566 $664,580 $124,970 $539,610
2023 $14,566 $625,440 $124,970 $500,470
2022 $13,867 $605,310 $124,970 $480,340
2021 $13,558 $587,410 $124,970 $462,440
2020 $8,925 $367,100 $124,970 $242,130
2019 $8,578 $344,630 $124,970 $219,660
2018 $8,188 $334,670 $124,970 $209,700
2017 $4,578 $226,770 $0 $0
2016 $4,567 $219,070 $0 $0
2015 $4,348 $212,340 $0 $0
2014 $4,235 $206,190 $0 $0
2013 -- $227,570 $124,970 $102,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11221396

MIAMI REALTORS® MLS

APN: 51-42-15-02-2070

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