NOT LISTED FOR SALE

Estimated Value: $641,784

2 Beds
2 Baths
1,578 Sq Ft
$407/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2021

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

Est. 12% increase in value since last sale

Current estimated payment $4,663 / mo

65 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • 1-Story Property
  • Fort Lauderdale High School Rated A
  • No Heating

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

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,816

Year Built

  • Built in 1974

Lot Details

  • 6,011

Parking

  • 5 Parking Spaces

Home Design

  • Triplex

Interior Spaces

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

Flooring

  • Terrazzo
  • Ceramic Tile

Schools

  • Bennett Elementary School
  • Sunrise Middle School
  • Fort Lauderdale High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494225010030

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Ocean Ridge Subdivision

Building Details

  • Gross Income $3,495

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,816

Year Built

Built in 1974

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Year Built: 1974
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile, Other, Terrazzo
  • Living Area: 1578.0
  • Stories: 1

Exterior Features

  • Lot Features: Other
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None, Separate Meters
  • Heating Yn: No
  • Utilities: Cable Available, Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Bennett
  • High School: Fort Lauderdale
  • Middle Or Junior School: Sunrise

Lot Info

  • Parcel #: 494225010030
  • Mobile Dim Units: Feet
  • Zoning: RMM-25

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6816.0

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 3495.0

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
Jun 23, 2021
Closed on
Oct 14, 2021
Sold by
Bought by
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
$641,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,284
Avg. Annual Appreciation
2.33%
Original Mortgage
$385,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2020
Sold by
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Mar 20, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$574,500 Florida Title Works
$214,000 Southeastern Title Co Llc
$1,300,000 Sunbelt Title Agency
$875,000 Bay Title Company
$135,000 --
$110,000 --
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 $427,700
Closed $385,000
Previous Owner $300,000
Previous Owner $192,600
Previous Owner $780,000
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
10/25/2021 10/25/21 Sold $574,500 -11.5% $364 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $648,990 -- $411 / 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
2026 $13,698 $646,400 $48,020 $598,380
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

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11060891

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-25-01-0030

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