$650,000
SOLD FEB 27, 2025
-- Bed
-- Bath
2,933 Sq Ft
0.36 Acres

Recently Sold

$222 Per Sq Ft

24% Below List Price

167 Days on Market

About This Home

As of February 2025

Discover a remarkable investment opportunity in Fort Lauderdale with this unique non-conforming quadplex. Spanning a generous 15,549 SqFt lot and featuring a total of 3,006 SqFt of living space, the property includes two front units with 2 bedrooms and 1 bathroom each, along with two spacious studio units in the back, each offering private backyards. Strategically located in the heart of Fort Lauderdale, this duplex provides easy access to the Hard Rock Casino, major highways, and a plethora of shopping and entertainment options. While the property requires some TLC, it holds significant potential for conversion into a high-yield rental property or a charming multi-family residence. The expansive lot allows for creative enhancements and future improvements.

Last Agent to Sell the Property

Ashley Joy

Compass Florida, LLC License #3314161 Listed on: 07/08/2024

Compass Florida, LLC

Last Buyer's Agent

Isaac MorYossef

G & E Realty Group, Inc License #3026619

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,029

Year Built

  • Built in 1978

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,933 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Broward Gardens 21 48 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504136020352

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,029

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1978
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2933.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • HOA Rent Includes: Other
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 504136020352
  • Zoning Description: RD-10

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10029.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Feb 21, 2025
Sold by
Broward Gardens Florida Land Trust and House Group Assets Llc
Bought by
Orl Equities Llc
Seller's Agent
Ashley Joy
Compass Florida, LLC
Buyer's Agent
Isaac MorYossef
G & E Realty Group, Inc
List Price
$850,000
Sold Price
$650,000
Premium/Discount to List
-$200,000
-23.53%
Views
53
Current Estimated Value
$676,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,346
Avg. Annual Appreciation
4.79%

Purchase Details

Closed on
Apr 10, 2023
Sold by
Tumpek David
Bought by
Broward Gardens Fl Land Trust

Purchase Details

Closed on
Mar 1, 1991
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $650,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $84,857 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $650,000 -7.1% $222 / Sq Ft
12/22/2024 12/22/24 Price Changed $700,000 -6.7% $239 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
11/01/2024 11/01/24 Price Changed $750,000 -11.8% $256 / Sq Ft
07/08/2024 07/08/24 For Sale $850,000 -- $290 / 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 $10,853 $532,050 -- --
2024 $10,029 $524,680 $124,390 $400,290
2023 $10,029 $439,720 $0 $0
2022 $9,055 $399,750 $0 $0
2021 $8,503 $363,410 $124,390 $239,020
2020 $7,807 $333,110 $124,390 $208,720
2019 $7,466 $314,180 $124,390 $189,790
2018 $7,115 $301,550 $124,390 $177,160
2017 $6,657 $275,680 $0 $0
2016 $6,227 $250,620 $0 $0
2015 $5,843 $227,840 $0 $0
2014 $3,730 $191,930 $0 $0
2013 -- $204,010 $124,390 $79,620
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10449903

BeachesMLS (Greater Fort Lauderdale)

APN: 50-41-36-02-0352