NOT LISTED FOR SALE

Estimated Value: $4,080,000

1 Bed
1 Bath
1,465 Sq Ft
$2,785/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $3,750,000 $2,560 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $23,525/month

56 Days on Market

Highlights

  • 135 Feet of Waterfront
  • River View
  • Wood Flooring
  • Property has ocean access
  • 33,728 Sq Ft lot
  • 4-minute walk to Riverside Park

About This Home

As of April 2024

Rare to find hidden gem on South Fork of the New River consists of 3 separate build-able parcels totaling 3/4 acres with 135' of DIRECT DEEP RIVER WATERFRONTAGE. 3 folio numbers allow for 3 single family homes to be built. The over 200' wide River allows even Mega Yachts an easy turn around. Outstanding, peaceful old Florida Park like property will be the prime dockage for your deep draft Yacht. Enjoy incredible sunrises & full moon views of downtown and watch a never ending boat parade from your favorite spot on the property. A private well/sprinkler system assures irrigation all year round for all 3 properties. This tropical paradise offers plenty of space for entertainment, quiet time if you wish and is only minutes away from lively downtown Fort Lauderdale and International Airport.

Last Listed By

Tim Elmes

Compass Florida, LLC License #486943 Listed on: 02/22/2024

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,553

Year Built

  • Built in 1986

Lot Details

  • 0.77 Acre Lot
  • 135 Feet of Waterfront
  • River Front
  • East Facing Home
  • Property is zoned RS-8

Parking

  • Driveway

Home Design

  • Frame Construction

Interior Spaces

  • 1,465 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • River Views

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges

Utilities

  • No Cooling
  • No Heating

Community Details

  • Riverside Add Amd 1 13 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504209490020

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,553

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Broward Blvd turn South into Palm Ave (SW 11 Ave), go across the swing bridge and around the park, the make a left into SW 12 Ave.
  • Year Built: 1986
  • Architectural Style: Two Story
  • Carport Y N: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: First Floor Entry, Other
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Living Area: 1465.0

Exterior Features

  • Exterior Features: None
  • View: River, Water
  • Road Frontage Type: Waterfront
  • Lot Features: <1 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, No Fixed Bridges, Ocean Access, River Front, Water Access
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: East
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 504209490020
  • Lot Size: 33728
  • Lot Size Sq Ft: 33728.0
  • Zoning Description: RS-8
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9553.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Apr 19, 2024
Sold by
Volkmeier Hans Peter and Volkmeier Family Revocable Trust
Bought by
New River Estates Developers Llc
Seller's Agent
Tim Elmes
Compass Florida, LLC
Buyer's Agent
Hanh Dinh
Compass Florida, LLC
List Price
$3,995,000
Sold Price
$3,750,000
Premium/Discount to List
-$245,000
-6.13%
Total Days on Market
56
Views
52
Current Estimated Value
$4,080,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,000
Avg. Annual Appreciation
8.62%
Original Mortgage
$4,300,000
Outstanding Balance
$4,259,143
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$179,143

Purchase Details

Closed on
Jan 29, 2016
Sold by
Volkmeier Hans and Wenkel Gisela A
Bought by
The Volkmeier Family Revocable Trust Agr and Volkmeier Gisela Annemarie Lotte

Purchase Details

Closed on
Jan 1, 2016
Bought by
Lotte Gisela A

Purchase Details

Closed on
May 30, 2007
Sold by
Young Wendy and Smith Clark Julie
Bought by
Volkmeier Hans and Wenkel Gisela A

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
New River Estates Developers Llc $3,750,000 None Listed On Document
The Volkmeier Family Revocable Trust Agr -- Attorney
Lotte Gisela A $100 --
Volkmeier Hans $715,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New River Estates Developers Llc $4,300,000
Previous Owner Young Wendy $69,961
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $3,750,000 -6.1% $2,560 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $3,995,000 -- $2,727 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

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
2024 $9,554 $437,910 -- --
2023 $9,554 $398,100 $0 $0
2022 $7,284 $361,910 $230,000 $131,910
2021 $5,831 $325,000 $0 $0
2020 $5,723 $320,520 $0 $0
2019 $5,373 $313,320 $0 $0
2018 $5,091 $307,480 $0 $0
2017 $5,060 $301,160 $0 $0
2016 $5,096 $294,970 $0 $0
2015 $5,170 $292,920 $0 $0
2014 $5,125 $285,990 $0 $0
2013 -- $281,310 $213,140 $68,170
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10425200

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-09-49-0020