1116-1118 NE 15th Ave Fort Lauderdale, FL 33304
Lake Ridge NeighborhoodHighlights
- Room in yard for a pool
- No HOA
- Cooling System Mounted To A Wall/Window
- Fort Lauderdale High School Rated A
- High Impact Windows
- Tile Flooring
About This Home
As of December 2024Motivated Seller, accepting offers! , a meticulously updated duplex two 1bed 1bath units. Each unit has spacious living areas, modern kitchens, including new roof, appliances, electrical system, plumbing, flooring, impact windows and doors, and new AC units. Both units are currently rented, generating solid income with tenants covering water and electricity expenses. *Currently a 5% CAP rate*, with potential for increased return.Situated on a generous 6,502 sq. ft. lot with RC15 zoning, there’s ample room for future growth, adding a pool or a third unit. Located near shops, dining, and public transportation. It offers both front and gated parking. Ideal for investors, short term rental or owner-occupants seeking rental income with future growth potential. Don’t miss out on this opportunity
Last Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER License #SEF
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,283
Year Built
- Built in 1952
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 1,120 Sq Ft Home
- 1-Story Property
- Tile Flooring
- High Impact Windows
Pool
- Room in yard for a pool
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
Community Details
- No Home Owners Association
- 2 Units
- Progresso Condos
- Progresso Subdivision
Listing and Financial Details
- Assessor Parcel Number 494234043470
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/18/2024 12/18/24 | Sold | $603,000 | -2.2% | $538 / Sq Ft |
11/10/2024 11/10/24 | Pending | -- | -- | -- |
10/24/2024 10/24/24 | For Sale | $616,550 | -- | $550 / Sq Ft |
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 | $7,258 | $545,870 | $35,760 | $510,110 |
2024 | $7,284 | $321,990 | $52,020 | $269,970 |
2023 | $7,284 | $321,990 | $52,020 | $269,970 |
2022 | $7,106 | $321,990 | $52,020 | $269,970 |
2021 | $6,758 | $303,910 | $52,020 | $251,890 |
2020 | $4,849 | $227,750 | $52,020 | $175,730 |
2019 | $3,982 | $198,110 | $52,020 | $146,090 |
2018 | $3,533 | $186,550 | $52,020 | $134,530 |
2017 | $3,294 | $141,300 | $0 | $0 |
2016 | $3,077 | $128,460 | $0 | $0 |
2015 | $2,759 | $116,790 | $0 | $0 |
2014 | $2,596 | $106,180 | $0 | $0 |
2013 | -- | $103,050 | $52,020 | $51,030 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $417,900 | New Conventional | |
Previous Owner | $229,500 | New Conventional |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $603,000 | Electric Title Ventures I Llc | |
Quit Claim Deed | -- | None Listed On Document | |
Warranty Deed | $306,000 | Firm Title Corporation | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | Attorney | |
Interfamily Deed Transfer | -- | -- | |
Warranty Deed | $41,700 | -- | |
Deed | -- | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11681803

APN: 49-42-34-04-3470
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