NOT LISTED FOR SALE

Estimated Value: $515,000

7 Beds
4 Baths
2,710 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $530,000 $196 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,881/month

2 Days on Market

Highlights

  • No HOA
  • Balcony
  • Ceramic Tile Flooring
  • Screened Porch
  • Patio
  • Central Air

About This Home

As of April 2021

7.4% CAP RATE ON THIS TRIPLEX LOCATED BLOCKS FROM THE NEW DANIA POINTE! THE 2 END UNITS ARE 4 BEDROOMS/2 BATHROOMS AND THE MIDDLE UNIT IS A STUDIO. ALL UNITS RENTED. PROPERTY HAS BEEN MAINTAINED. NEW ROOF INSTALLED in 2016. BOTH END UNITS HAVE CENTRAL A/C (1 UNIT IS 2018 & THE OTHER UNIT IS 2020). THE STUDIO HAS WINDOW A/C (2019). THE WATER HEATERS: 2 ARE 2019 AND 1 IS 2017. HURRICANE SHUTTERS FOR ALL WINDOWS. CURRENT RENT: Unit 1-$1800/month, Unit 2-$750/month, and Unit 3-$1950/month. PLENTY OF PARKING SPACES IN FRONT OF THE TRIPLEX. BOTH 4/2s HAVE WASHER/DRYER. EACH UNIT HAS ELECTRIC (FP&L METER) AND BUILDING HAS 1 WATER METER. EARN $$$ ON DAY 1 OF THIS INVESTMENT PROPERTY. LOTS OF GREAT DEVELOPMENT GOING ON IN DANIA BEACH.

Last Agent to Sell the Property

Minal Shah

LoKation License #3332105 Listed on: 03/02/2021

LoKation

Last Buyer's Agent

Jose Cintron

MMLS Assoc.-Inactive Member License #3292433

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,442

Year Built

  • Built in 1965

Home Design

  • Triplex
  • Concrete Roof

Interior Spaces

  • 2,710 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Screened Porch
  • Ceramic Tile Flooring

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504233000500

Community Details

Overview

  • No Home Owners Association
  • Association fees include ground maintenance, sewer, trash, water
  • 3 Units
  • Town Of Dania Beach Subdivision

Building Details

  • Operating Expense $14,738
  • Net Operating Income $39,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,442

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Year Built: 1965
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2710.0
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area, Porch
  • Lot Features: Fruit Trees, < 1/4 Acre
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio, Porch, Screened, Balcony
  • Roof: Concrete

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 504233000500
  • Mobile Dim Units: Feet
  • Zoning: RID-8000

Multi Family

  • Property Net Operating Income: 39262.0
  • Number Of Units In Community: 3
  • Annual Operating Expense: 14738.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7442.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 21, 2021
Sold by
Chhadva Bijal G
Bought by
Troutman Ralph Glenn
Seller's Agent
Minal Shah
LoKation
Buyer's Agent
Jose Cintron
MMLS Assoc.-Inactive Member
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,000
Avg. Annual Appreciation
-0.58%
Original Mortgage
$549,080
Outstanding Balance
$491,434
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$23,566

Purchase Details

Closed on
Jun 27, 2017
Sold by
Chhadva Bijal G
Bought by
Chhadva Bijal G

Purchase Details

Closed on
Apr 7, 2016
Sold by
Braz Yaron
Bought by
Chhadva Bijal G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
3.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2015
Sold by
Dre 2011 Corporation
Bought by
Braz Yaron

Purchase Details

Closed on
Feb 25, 2015
Sold by
Braz Yaron
Bought by
Dre 2011 Corporation

Purchase Details

Closed on
Jan 16, 2015
Sold by
Avisar Llc
Bought by
Braz Yaron

Purchase Details

Closed on
Jun 9, 2006
Sold by
Csf Properties Llc
Bought by
Fisher Charles E and Fisher Shirelle E

Purchase Details

Closed on
Jan 16, 2006
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Apr 10, 2003
Sold by
Bill Gerrity Inc
Bought by
Gilbert Bernard O and Gilbert Lorraine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
15%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2003
Sold by
Corbin Myrtle
Bought by
Bill Gerrity Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
15%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Troutman Ralph Glenn $530,000 Attorney
Chhadva Bijal G -- Enterprise Title Inc
Chhadva Bijal G $345,000 None Available
Braz Yaron -- Attorney
Dre 2011 Corporation -- Attorney
Braz Yaron $232,000 Coastal Title Inc
Fisher Charles E -- Seacoast Title & Escrow Llc
Available Not $10,000 --
Gilbert Bernard O $115,000 Hillsboro Beach Title & Escr
Bill Gerrity Inc $85,000 Hillsboro Beach Title & Escr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troutman Ralph Glenn $549,080
Previous Owner Chhadva Bijal G $258,750
Previous Owner Gilbert Bernard O $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2021 04/22/21 Sold $530,000 0.0% $196 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $530,000 +347.9% $196 / Sq Ft
03/20/2012 03/20/12 Sold $118,333 +18.3% $48 / Sq Ft View Prior Sale
02/09/2012 02/09/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $99,999 -- $40 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $2,428 $102,150 -- --
2025 $11,742 $539,120 $43,570 $495,550
2024 $11,421 $493,000 $43,570 $449,430
2023 $11,421 $478,430 $43,570 $434,860
2022 $10,681 $446,870 $43,570 $403,300
2021 $8,445 $318,600 $0 $0
2020 $7,752 $302,420 $43,570 $258,850
2019 $7,407 $302,500 $43,570 $258,930
2018 $6,624 $245,770 $43,570 $202,200
2017 $6,344 $226,410 $0 $0
2016 $5,556 $185,970 $0 $0
2015 $5,094 $160,500 $0 $0
2014 $4,547 $145,910 $0 $0
2013 -- $137,690 $55,870 $81,820
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10273572

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-33-00-0500

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