$600,000
SOLD OCT 31, 2024

1113-1115 NE 17th Terrace Fort Lauderdale, FL 33304

Lake Ridge Neighborhood
-- Bed
-- Bath
1,449 Sq Ft
6,750 Sq Ft Lot

Recently Sold

$414 Per Sq Ft

12% Below List Price

117 Days on Market

Highlights

  • Room in yard for a pool
  • Deck
  • Cooling System Mounted To A Wall/Window
  • Fort Lauderdale High School Rated A
  • Garden View
  • Patio

About This Home

As of October 2024

Prime location duplex with a 2/1 and 1/1 unit each featuring terrazzo flooring, fully equipped kitchens with dishwashers, separate washer/dryers and separate driveways for parking. Huge backyard with a storage shed and room to add a pool. 1/1 unit has a large private fenced side yard and freshly painted walls. Property zoning allows for 2 townhomes to be built on the lot. Unbeatable location in E. Fort Lauderdale just 1 mile from the beach, less than 10 minutes from Las Olas, 5 minutes from Wilton Drive and 15 minutes to the airport. This property is in the most desirable section of Lake Ridge on the East side just 3 blocks from Federal Hwy. No HOA- short term, mid term and annual renting ok. PROPERTY HAS 2 WATER METERS & 2 ELECTRIC METERS- TENANTS PAY ALL UTILITIES!

Last Agent to Sell the Property

Amy Guarino

The Rausch Real Estate Top Gun Team Inc License #3112929

Last Buyer's Agent

Amy Guarino

The Rausch Real Estate Top Gun Team Inc License #3112929

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,390

Year Built

  • Built in 1952

Lot Details

  • 6,750 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 1,449 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring
  • Garden Views

Outdoor Features

  • Room in yard for a pool
  • Deck
  • Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 494234044040

Community Details

Overview

  • 2 Units
  • Progresso Subdivision

Building Details

  • Net Operating Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,390

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Sunrise Blvd to NE 15 Ave, north to NE 12 St, east to NE 17 Terr, South to Property
  • Year Built: 1952
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1449.0

Exterior Features

  • Exterior Features: Deck, Fence, Patio, Room For Pool, Shed
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Concrete

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 494234044040
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: RC-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 22200.0
  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9390.0

Map

Range of Values:

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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
10/31/2024 10/31/24 Sold $600,000 -9.8% $414 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
08/30/2024 08/30/24 Price Changed $665,000 -2.9% $459 / Sq Ft
06/20/2024 06/20/24 For Sale $685,000 -- $473 / Sq Ft
Source: BeachesMLS

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 $10,441 $496,970 $37,130 $459,840
2024 $9,390 $524,120 $54,000 $470,120
2023 $9,390 $433,930 $54,000 $379,930
2022 $8,244 $363,360 $0 $0
2021 $7,299 $330,330 $0 $0
2020 $6,751 $314,070 $54,000 $260,070
2019 $5,696 $311,700 $54,000 $257,700
2018 $5,018 $259,480 $54,000 $205,480
2017 $4,644 $220,030 $0 $0
2016 $4,323 $200,030 $0 $0
2015 $4,101 $186,190 $0 $0
2014 $1,362 $83,830 $0 $0
2013 -- $118,070 $54,000 $64,070
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Closed $0 New Conventional
Previous Owner $430,300 New Conventional
Previous Owner $90,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $600,000 Title Service And Escrow Compa
Warranty Deed $600,000 Title Service And Escrow Compa
Warranty Deed -- Title Service And Escrow Compa
Quit Claim Deed -- Summit Settlement Services
Warranty Deed $335,000 Esquire Title Inc
Warranty Deed $230,000 Professional Title Assoc Inc
Interfamily Deed Transfer -- Attorney
Source: Public Records

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Source: BeachesMLS

MLS Number: R10997906

BeachesMLS

APN: 49-42-34-04-4040

Florida Broward County Fort Lauderdale 33304 Lake Ridge

1113-1115 NE 17th Terrace, Fort Lauderdale, FL

Homes for Sale in Fort Lauderdale, FL

This home is located at 1113-1115 NE 17th Terrace, Fort Lauderdale, FL 33304 and is currently priced at $600,000, approximately $414 per square foot. This property was built in 1952. 1113-1115 NE 17th Terrace is a home located in Broward County with nearby schools including Bennett Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

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