NOT LISTED FOR SALE

Estimated Value: $572,000 - $713,000

Studio
-- Bath
2,397 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $615,000 $257 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,403/month

50 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 3-minute walk to James Ales Memorial Park
  • Cooling System Mounted To A Wall/Window

About This Home

As of June 2023

Attention Investors! Rare opportunity to own a fantastic multiple family located in the highly sought-after city of Davie, just minutes away from Nova University. This property is perfect for those looking to expand their investment portfolio and take advantage of the high demand for rental properties in the area. The seller is highly motivated and looking for a quick closing, so cash deals only will be accepted. Don't miss out on this incredible opportunity to acquire a valuable asset in one of the most desirable locations in the region. Contact us today to schedule a viewing and see for yourself why this property is the perfect addition to your investment portfolio!

Last Agent to Sell the Property

Denise Renslow

Coldwell Banker Realty License #3158208 Listed on: 04/05/2023

Coldwell Banker Realty

Last Buyer's Agent

Sharon Bachar

Optimar International Realty License #0649495

Optimar International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1972

Lot Details

  • 6,011

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,397 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • 4 Units
  • Playland Village Sec 4 Condos
  • Playland Village Sec 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504126191390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,000

Year Built

Built in 1972

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Property Sub Type: Triplex
  • Architectural Style: Other
  • Directions: Take I-595 E to FL-84 E in Davie. Take exit 7 from I-595 E, Take exit 7 toward Davie Rd to SW 37 Ct
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Subdivision Name: PLAYLAND VILLAGE SEC 4
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 2397
  • Possible Use: Investment
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Park Building Name: PLAYLAND VILLAGE SEC 4
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504126191390
  • Zoning: RAC-ND4
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10000

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jun 1, 2023
Sold by
Osorio Juan
Bought by
S & K B Rental Group Llc
Seller's Agent
Denise Renslow
Coldwell Banker Realty
Buyer's Agent
Sharon Bachar
Optimar International Realty
List Price
$780,000
Sold Price
$615,000
Premium/Discount to List
-$165,000
-21.15%
Views
12
Current Estimated Value
$663,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,051
Avg. Annual Appreciation
2.73%

Purchase Details

Closed on
Sep 19, 2003
Sold by
Saavedra Lucrecia and Saavedra Serafin
Bought by
Osorio Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 1997
Sold by
Nau Linda L
Bought by
Saavedra Lucrecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,201
Interest Rate
7.31%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 1997
Sold by
Available Not
Bought by
Available Not

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,201
Interest Rate
7.31%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 1992
Sold by
Available Not
Bought by
Available Not
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

Date Buyer Sale Price Title Company
S & K B Rental Group Llc $615,000 Global America Title Services
Osorio Juan $240,000 --
Saavedra Lucrecia $137,700 --
Available Not $137,700 --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osorio Juan $192,000
Previous Owner Saavedra Lucrecia $136,201
Closed Osorio Juan $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2023 06/02/23 Sold $615,000 0.0% $257 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/23/2023 05/23/23 Off Market $615,000 -- --
05/02/2023 05/02/23 Price Changed $680,000 -12.8% $284 / Sq Ft
04/05/2023 04/05/23 For Sale $780,000 -- $325 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2026 $11,441 $498,410 $48,240 $450,170
2025 $12,257 $498,410 $48,240 $450,170
2024 $8,583 $543,230 $48,240 $494,990
2023 $8,583 $315,540 $0 $0
2022 $10,000 $286,860 $0 $0
2021 $9,410 $260,790 $0 $0
2020 $9,082 $318,310 $48,240 $270,070
2019 $8,399 $288,800 $48,240 $240,560
2018 $8,117 $301,910 $48,240 $253,670
2017 $7,405 $178,140 $0 $0
2016 $4,665 $161,950 $0 $0
2015 $4,348 $147,230 $0 $0
2014 $4,088 $133,850 $0 $0
2013 -- $130,670 $48,240 $82,430
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11365815

MIAMI REALTORS® MLS

APN: 50-41-26-19-1390

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