$1,075,000
$250K PRICE DROP

Estimated payment $6,896/month

Total Views 1,787
-- Bed
-- Bath
2,810 Sq Ft
$383 Price per Sq Ft

Highlights

  • Tile Flooring
  • Fort Lauderdale High School Rated A
  • Central Heating and Cooling System

About This Home

Rarely Available Investment Opportunity-Great Income Potential!!! Two attached Townhouses!!! Both units ready to rent with many options; both units annually, as a move-in ready owner occupied with additional income, possible vacation rental, or any combination. This duplex property offers two full townhouses with covered parking, a 2/2 front unit and 2/3 rear unit located in the quiet Lakeridge neighborhood. Each unit has two large bedrooms on second floor with generous closets. The open floor plans on first level offer spacious kitchens open to the large living-dining areas, full baths, separate in-unit full size laundry rooms, individual central ac, separately metered municipal utilities, and fenced garden patio areas.

Listing Agent

Jeffrey Runge

Five Palms Invest. Realty Inc License #441561

Co-Listing Agent

Alfred Oldaker

Five Palms Invest. Realty Inc License #0633811

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,754

Year Built

  • Built in 1979

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,810 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Lake Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494235220540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,754

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1979
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 2810.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Gardener
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 494235220540
  • Zoning Description: RC-15

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10754.0

Multi Family

  • Number Of Units Total: 2

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 $11,600 $589,720 -- --
2024 $10,575 $589,720 $53,970 $459,380
2023 $10,575 $487,380 $0 $0
2022 $9,352 $443,080 $0 $0
2021 $8,856 $402,800 $0 $0
2020 $8,381 $443,700 $53,970 $389,730
2019 $7,857 $488,470 $53,970 $434,500
2018 $6,773 $422,380 $53,970 $368,410
2017 $6,218 $275,130 $0 $0
2016 $5,773 $250,120 $0 $0
2015 $5,238 $227,390 $0 $0
2014 $4,855 $206,720 $0 $0
2013 -- $209,200 $53,970 $155,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Price Changed $1,075,000 -8.5% $383 / Sq Ft
01/13/2025 01/13/25 Price Changed $1,175,000 -11.3% $418 / Sq Ft
11/24/2024 11/24/24 For Sale $1,325,000 -- $472 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Warranty Deed $370,000 --
Warranty Deed $215,000 --
Personal Reps Deed $70,393 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $341,250 Commercial
Previous Owner $296,000 Commercial
Previous Owner $172,000 New Conventional
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10473166

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-35-22-0540