$515,000
SOLD MAR 13, 2025
-- Bed
-- Bath
2,363 Sq Ft
6,752 Sq Ft Lot

Recently Sold

$218 Per Sq Ft

32% Above List Price

10 Days on Market

Highlights

  • No HOA
  • Interior Lot
  • Heating Available
  • Fort Lauderdale High School Rated A
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Warfield Park

About This Home

As of March 2025

Nestled within a sought-after Opportunity Zone, this fourplex offers an exceptional investment prospect with substantial growth potential, a welcome addition to any real estate portfolio. Subject is zoned multi-family 2-9 units; surrounding properties include vacant land, single-family and religious use spaces, providing a diverse landscape and the prospect of an assemblage within an Opportunity Zone that could potentially encompass up to 2.71 acres. Currently operated as low-income housing by a non-profit, the property is priced based on existing rental income and offers considerable upside potential, redevelopment opportunities, or repositioning in line with market demand in a rapidly developing area, with the added benefit of unlocking potential tax incentives for qualified investors.

Last Agent to Sell the Property

Terri Dominguez

Berkshire Hathaway HomeServices Florida Realty License #0552282

Berkshire Hathaway HomeServices Florida Realty

Last Buyer's Agent

Terri Dominguez

Berkshire Hathaway HomeServices Florida Realty License #0552282

Berkshire Hathaway HomeServices Florida Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,913

Year Built

  • Built in 1973

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,363 Sq Ft Home
  • 1-Story Property
  • Double Hung Metal Windows

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Additional Features

  • Interior Lot
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • 4 Units
  • Progresso Condos
  • Progresso,Opportunity Zone! Subdivision, Fourplex Floorplan

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 494234048690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,913

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • Master Model: FOURPLEX
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: PROGRESSO,OPPORTUNITY ZONE!
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 2363
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Double Hung Metal

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Lot Features: Flood Zone Lot, Interior Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROGRESSO
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494234048690
  • Zoning: RD-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1913

Multi Family

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

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Sold $515,000 +32.1% $218 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
02/01/2025 02/01/25 For Sale $390,000 -- $165 / 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
2025 $1,913 $140,880 $33,750 $107,130
2024 $1,874 $140,880 $33,750 $107,130
2023 $1,874 $140,880 $33,750 $107,130
2022 $1,759 $140,880 $33,750 $107,130
2021 $1,719 $168,620 $61,490 $107,130
2020 $1,719 $168,620 $61,490 $107,130
2019 $1,244 $168,620 $61,490 $107,130
2018 $1,024 $168,620 $61,490 $107,130
2017 $1,024 $168,620 $0 $0
2016 $1,024 $168,620 $0 $0
2015 $900 $168,620 $0 $0
2014 $900 $168,620 $0 $0
2013 -- $168,620 $61,490 $107,130
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $71,335 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $515,000 None Listed On Document
Warranty Deed $71,000 --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11735490

MIAMI REALTORS® MLS

APN: 49-42-34-04-8690