NOT LISTED FOR SALE

Estimated Value: $580,000 - $726,000

6 Beds
3 Baths
2,238 Sq Ft
$298/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2022

Last sale price $625,000 $279 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,170 / mo

27 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Fenced

About This Home

As of June 2022

AMAZING INVESTMENT OPPORTUNITY. This property features two separate structures. The front unit is a free-standing single house which contains 3 bedrooms and 2 bathrooms. It is now currently divided as a 1/1 and a 2/1. Rear structure has new Central AC and features 3 bedrooms/ 2 bathrooms. Each unit has a private patio and comes with a parking spot. All units are currently rented out for a total of $4500 monthly (below market) and tenants can stay or move out prior to closing. Property is in an amazing location, close to the MIA airport, Wynwood, Jackson Memorial Hospital, and all major expressways. Could become a vacation rental/ Airbnb hot spot in the future which would double your income.

Last Agent to Sell the Property

William Alvarez

Sterling One Realty, Inc. License #3267685 Listed on: 04/08/2022

Co-Listed By

Ashley Alvarez

Sterling One Realty, Inc. License #3307694

Last Buyer's Agent

Italo Angelini

Sterling One Realty, Inc. License #3479341

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,403

Year Built

  • Built in 1924

Lot Details

  • 8,756

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,238 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Separate Meters
  • Cable TV Available

Additional Features

  • Outbuilding
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 0131270200180

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Mead Lawn Subdivision

Building Details

  • Gross Income $4,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,403

Year Built

Built in 1924

Lot Details

8,756 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Year Built: 1924
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Living Area: 2238.0
  • Stories: 1

Exterior Features

  • Fencing: Fenced
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Outbuilding
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Separate Meters, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0131270200180
  • Mobile Dim Units: Feet
  • Zoning: 5700

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7403.0

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 4500.0

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
Apr 8, 2022
Closed on
Jun 3, 2022
Sold by
Castro Luisa R
Bought by
Seller's Agent
William Alvarez
Sterling One Realty, Inc.
Buyer's Agent
Italo Angelini
Sterling One Realty, Inc.
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$566,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,127
Avg. Annual Appreciation
1.57%
Original Mortgage
$468,750
Outstanding Balance
$438,702
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$229,332

Purchase Details

Closed on
Jul 2, 2014
Sold by
Fernandez Luisa
Bought by
Fernandez Luisa and Castro Luis R
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
$625,000 First Class Title
Fernandez Luisa -- None Available
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 $468,750
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
06/03/2022 06/03/22 Sold $625,000 0.0% $279 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $625,000 -- $279 / 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
2025 $12,339 $609,821 $324,120 $285,701
2024 $11,617 $577,992 $289,303 $288,689
2023 $11,617 $528,151 $236,474 $291,677
2022 $8,038 $343,915 $0 $0
2021 $7,403 $312,650 $175,469 $137,181
2020 $2,678 $203,843 $0 $0
2019 $2,403 $183,468 $0 $0
2018 $0 $176,193 $0 $0
2017 $1,876 $117,522 $0 $0
2016 $1,728 $110,252 $0 $0
2015 $1,880 $104,221 $0 $0
2014 $1,880 $98,664 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11188530

BeachesMLS (Greater Fort Lauderdale)

APN: 01-3127-020-0180

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