$1,399,000
$200K PRICE DROP

Estimated payment $9,493/month

Total Views 1,999
-- Bed
-- Bath
2,809 Sq Ft
$498 Price per Sq Ft

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Harbordale Elementary School Rated A-
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

An Amazing Investment Opportunity located in Downtown Fort Lauderdale's Phenomenal Colee Hammock Neighborhood. This 4plex is located 3 blocks from Las Olas Blvd and offers endless opportunities. Every unit has tile floors, granite kitchen countertops, fenced in private outdoor space, and reserved parking on a 6,750 sq ft lot. This upscale area attracts residents who enjoy living within walking distance to shopping and dining on the popular Las Olas Boulevard, minutes to the beach. The area is surrounded by a diverse mix of restaurants, shops, and entertainment. This income property currently generates $120,000 in gross annual revenue at a 6% CAP! With its bustling atmosphere and convenient access to major transportation routes, this location presents an exceptional investment opportunity.

Listing Agent

Sandra Panesso

The Keyes Company License #3246879

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,209

Year Built

  • Built in 1964

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2,809 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Colee Hammock Condos
  • Colee Hammock Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504211011320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,209

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: COLEE HAMMOCK
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2809
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: COLEE HAMMOCK
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504211011320
  • Zoning: RM-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 20209

Multi Family

  • Number Of Units In Community: 4

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

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 $20,209 $1,088,190 $168,750 $919,440
2024 $17,083 $1,168,890 $168,750 $1,000,140
2023 $17,083 $808,240 $168,750 $639,490
2022 $15,676 $736,470 $0 $0
2021 $14,173 $669,520 $0 $0
2020 $13,403 $678,490 $101,250 $577,240
2019 $12,177 $649,670 $101,250 $548,420
2018 $10,837 $609,320 $101,250 $508,070
2017 $9,984 $457,300 $0 $0
2016 $9,895 $465,610 $0 $0
2015 $7,940 $340,830 $0 $0
2014 $7,389 $309,850 $0 $0
2013 -- $307,460 $101,250 $206,210
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2025 04/05/25 Price Changed $1,399,000 -6.7% $498 / Sq Ft
03/28/2025 03/28/25 Price Changed $1,499,000 -6.3% $534 / Sq Ft
03/09/2025 03/09/25 For Sale $1,599,000 -- $569 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- Lawyers 1St Title
Warranty Deed $1,100,000 Lawyers 1St Title
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $825,000 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11759081

MIAMI REALTORS® MLS

APN: 50-42-11-01-1320