NOT LISTED FOR SALE

Estimated Value: $717,000 - $811,000

2 Beds
2 Baths
1,578 Sq Ft
$477/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $574,500 $364 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,987/month

65 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Fort Lauderdale High School Rated A
  • Terrazzo Flooring
  • 1-Story Property

About This Home

As of October 2021

Unbeatable location for this grand opportunity. Beautifully upgraded triplex boasts a superior location one block from the intersection of Oakland Park Blvd and US1. This building has been upgraded both exterior and interior. The exterior portrays a beachy and tranquil feel. The interior is more modern with butcher's block kitchen counter tops, shiplap siding, terrazzo, tiled floors and updated bathrooms. Enjoy a lush large backyard. The property has 5 parking spaces at the front. All three units are on yearly leases. Property can be used as a rental investment triplex or it is also zoned RMM-25. Perfect for an investor seeking monthly income with a location that is ideal. Gross income at $3450 per month.

Last Agent to Sell the Property

Neil Persad

FGI Realty License #3103968 Listed on: 06/23/2021

Last Buyer's Agent

Rhonda Hooper

Broward Realty Partners License #3259126

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,816

Year Built

  • Built in 1974

Lot Details

  • Property is zoned RMM-25

Parking

  • 5 Parking Spaces

Home Design

  • Piling Construction

Interior Spaces

  • 1,578 Sq Ft Home
  • 1-Story Property

Flooring

  • Terrazzo
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • Ocean Ridge Subdivision

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 494225010030

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,816

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: OCEAN RIDGE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Other, Terrazzo
  • Living Area: 1578
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Other
  • Construction Type: Piling Construction
  • Lot Features: Other Lot Description
  • Pool Private: No
  • Property Condition: Piling Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN RIDGE
  • Total Parking Spaces: 5

Utilities

  • Sewer: Other
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494225010030
  • Zoning: RMM-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6816

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Oct 14, 2021
Sold by
Naldo Investments Llc
Bought by
Perato South Properties Llc
Seller's Agent
Neil Persad
FGI Realty
Buyer's Agent
Rhonda Hooper
Broward Realty Partners
List Price
$648,990
Sold Price
$574,500
Premium/Discount to List
-$74,490
-11.48%
Current Estimated Value
$752,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,869
Avg. Annual Appreciation
6.58%
Original Mortgage
$385,000
Outstanding Balance
$353,134
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$399,235

Purchase Details

Closed on
Feb 5, 2020
Sold by
Rsvp1 Llc
Bought by
Naldo Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,600
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2005
Sold by
Silver Greg
Bought by
Rsvp1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 23, 2005
Sold by
Ciani William V and Ciani Elayna
Bought by
Silver Greg

Purchase Details

Closed on
Mar 20, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Aug 19, 1996
Sold by
Wilson Ruth
Bought by
Olah Geza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.12%
Mortgage Type
Commercial
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
Perato South Properties Llc $574,500 Florida Title Works
Perato South Properties Llc $574,500 Florida Title Works
Naldo Investments Llc $214,000 Southeastern Title Co Llc
Naldo Investments Llc $214,000 Southeastern Title Co Llc
Rsvp1 Llc $1,300,000 Sunbelt Title Agency
Rsvp1 Llc $1,300,000 Sunbelt Title Agency
Silver Greg $875,000 Bay Title Company
Silver Greg $875,000 Bay Title Company
Available Not $135,000 --
Available Not $135,000 --
Olah Geza $110,000 --
Olah Geza $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perato South Properties Llc $385,000
Previous Owner Naldo Investments Llc $192,600
Previous Owner Rsvp1 Llc $780,000
Previous Owner Olah Geza $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Sold $574,500 -11.5% $364 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $648,990 0.0% $411 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $648,990 -- $411 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $13,108 $618,040 $48,020 $570,020
2024 $12,714 $602,770 $48,020 $554,750
2023 $12,714 $564,660 $0 $0
2022 $11,221 $513,330 $48,020 $465,310
2021 $8,667 $376,630 $48,020 $328,610
2020 $6,816 $316,280 $48,020 $268,260
2019 $5,550 $273,380 $48,020 $225,360
2018 $5,062 $279,920 $48,020 $231,900
2017 $4,689 $193,570 $0 $0
2016 $4,384 $175,980 $0 $0
2015 $3,961 $159,990 $0 $0
2014 $3,704 $145,450 $0 $0
2013 -- $143,810 $48,020 $95,790
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11060891

MIAMI REALTORS® MLS

APN: 49-42-25-01-0030