$1,360,000
$115K PRICE DROP

Estimated payment $8,721/month

Total Views 2,499
-- Bed
-- Bath
2,534 Sq Ft
$537 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Harbordale Elementary School Rated A-
  • Porch
  • Patio

About This Home

Great investment opportunity in the vibrant Victoria Park neighborhood of Fort Lauderdale! This spacious fourplex is situated on a large corner lot (6,750 sq ft) and offers a total of 2,534 sq ft of living space. The property consists of four units: one 2-bedroom/2-bath, one 1-bedroom/1-bath, and two studios. Current rents are below market, providing significant upside potential with the opportunity to increase rents by at least 50%. Additionally, there's potential for short-term Airbnb rentals to boost income even further. Each unit has its own private entrance, and the property offers designated parking. Located just one block from Holiday Park and a short walk Las Olas Blvd. Only two miles from Fort Lauderdale Beach. Don’t miss out on this exceptional opportunity!

Listing Agent

Eli Jacoby

The Brokerage South Florida Real Estate, LLC. License #3570436

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,556

Year Built

  • Built in 1970

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,534 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Hung Metal Windows
  • Blinds
  • Tile Flooring

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 494234073610

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Progresso Condos
  • Progresso Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,556

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached, Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: PROGRESSO
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Tile
  • Living Area: 2534
  • Stories: 1
  • Window Features: Blinds, Double Hung Metal

Exterior Features

  • Roof: Other, Shingle
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Porch, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROGRESSO
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), Electric, Other, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494234073610
  • Zoning: RMM-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 13556

Multi Family

  • Number Of Units Total: 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 $23,593 $1,088,580 $168,750 $919,830
2024 $15,079 $1,169,150 $168,750 $1,000,400
2023 $15,079 $665,500 $0 $0
2022 $13,556 $605,000 $0 $0
2021 $12,766 $550,000 $0 $0
2020 $11,238 $530,960 $101,250 $429,710
2019 $9,822 $461,580 $101,250 $360,330
2018 $9,453 $513,050 $101,250 $411,800
2017 $8,730 $397,930 $0 $0
2016 $8,131 $361,760 $0 $0
2015 $7,369 $328,880 $0 $0
2014 $6,873 $298,990 $0 $0
2013 -- $245,880 $101,250 $144,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 Price Changed $1,360,000 -7.8% $537 / Sq Ft
12/09/2024 12/09/24 For Sale $1,475,000 +13.5% $582 / Sq Ft
03/31/2023 03/31/23 Sold $1,299,000 0.0% $513 / Sq Ft
03/02/2023 03/02/23 For Sale $1,299,000 0.0% $513 / Sq Ft
10/12/2016 10/12/16 Rented $1,550 0.0% --
08/08/2016 08/08/16 For Rent $1,550 +93.8% --
06/01/2014 06/01/14 Rented $800 0.0% --
05/02/2014 05/02/14 Under Contract -- -- --
04/15/2014 04/15/14 For Rent $800 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,299,000 Florida Title & Escrow Profess
Warranty Deed $340,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,299,000 VA
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11706595

MIAMI REALTORS® MLS

APN: 49-42-34-07-3610