NOT LISTED FOR SALE

Estimated Value: $467,000 - $655,000

7 Beds
5 Baths
2,368 Sq Ft
$248/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2024

Last sale price $650,000 $274 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,659 / mo

33 Days on Market

Highlights

  • Fruit Trees
  • No HOA
  • Porch
  • Outdoor Living Area
  • Shuffleboard Court
  • Park

About This Home

As of May 2024

3/2 single family house and a triplex (all 1/1s) for a total of 4 income-producing units. Fully occupied with in-place rents grossing $5,682/mo and proven market rents at $6,612/mo. 7.7% cap rate based on in-place rents and expenses.

Last Agent to Sell the Property

Jesse Bailey

49 Units, LLC License #3227469 Listed on: 03/21/2024

Last Buyer's Agent

Stephanie Stewart

Coldwell Banker Realty License #3500056

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,450

Year Built

  • Built in 1962

Lot Details

  • 14,000 Sq Ft Lot
  • Fenced
  • Fruit Trees

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 5 Bathrooms
  • 2,368 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Outdoor Living Area
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 56434228000003020

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 28 42 43, E 100 Ft Of W 935.77 Ft Of S 140 Ft Of N Subdivision

Recreation

  • Shuffleboard Court
  • Park

Building Details

  • Gross Income $68,184
  • Net Operating Income $52,748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,450

Year Built

Built in 1962

Lot Details

0.32 Acres

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1962
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 2368.0

Exterior Features

  • Exterior Features: Lighting, Outdoor Living Area
  • Fencing: Fenced
  • Lot Features: Fruit Trees, 1/4 to 1/2 Acre Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Patio And Porch Features: Porch
  • 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: Sewer Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Park, Shuffleboard Court
  • Association: No

Lot Info

  • Parcel #: 56434228000003020
  • Lot Size Acres: 0.32
  • Mobile Dim Units: Feet
  • Zoning: RS-6(c

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Property Net Operating Income: 52748.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 68184.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5449.8

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
Mar 21, 2024
Closed on
May 28, 2024
Sold by
Bought by
Seller's Agent
Jesse Bailey
49 Units, LLC
Buyer's Agent
Stephanie Stewart
Coldwell Banker Realty
List Price
$685,000
Sold Price
$650,000
Premium/Discount to List
-$35,000
-5.11%
Views
18
Current Estimated Value
$587,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,956
Avg. Annual Appreciation
-4.82%
Original Mortgage
$487,500
Outstanding Balance
$479,318
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$107,726

Purchase Details

Closed on
Dec 13, 1995
Sold by
Bought by
Source: Public Records
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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
$654,856 All Florida Land Title
$654,856 All Florida Land Title
$15,500 --
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
Open $487,500
Closed $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
05/28/2024 05/28/24 Sold $650,000 -5.1% $274 / Sq Ft
03/21/2024 03/21/24 For Sale $685,000 -- $289 / 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 $5,748 $476,160 -- --
2024 $5,748 $197,364 -- --
2023 $5,450 $179,422 $164,400 $221,387
2022 $4,946 $163,111 $0 $0
2021 $4,228 $239,738 $71,400 $168,338
2020 $3,902 $217,547 $57,600 $159,947
2019 $3,560 $188,567 $50,400 $138,167
2018 $3,147 $167,461 $47,499 $119,962
2017 $2,919 $150,454 $38,306 $112,148
2016 $2,639 $92,072 $0 $0
2015 $2,416 $83,702 $0 $0
2014 $2,237 $76,093 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10970974

BeachesMLS (Greater Fort Lauderdale)

APN: 56-43-42-28-00-000-3020

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