NOT LISTED FOR SALE

Estimated Value: $446,000 - $496,000

-- Bed
-- Bath
1,625 Sq Ft
$285/Sq Ft Est. Value

Last Sold December 30, 2024

Last sale price $450,000 $277 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,065/month

10 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Terrazzo Flooring
  • No Heating

About This Home

As of December 2024

CASH ONLY! Prime location in desirable Riverside Park, Fort Lauderdale. This duplex on a 6,675-sq-ft lot features two identical 2-bed/1-bath units, each with a private fenced backyard. Unit 1405 is owner-occupied, while 1407 has a long-term tenant paying $1,200/month, both on month-to-month leases. Separate water/electric meters. Ideal for investors to begin or expand your portfolio or owner-occupants —live in one unit and rent the other, or add value with TLC. Located minutes from downtown, parks, New River, shopping, and beaches. Roof replacement needed and sold subject to existing driveway code violation. Do not disturb tenants.

Last Listed By

Amy Mcgrotty

EXP Realty LLC License #3418995 Listed on: 12/03/2024

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,791

Year Built

  • Built in 1958

Lot Details

  • 6,665

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,625 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Community Details

  • 2 Units
  • Riverside Add Amen Plat Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection
  • Assessor Parcel Number 504209021340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,791

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From I-95 take Davie Blvd East to SW 15th Ave and turn right. Continue to SW 9th St and turn right. Property will be on the left 1405 - 1407 SW 9th St.
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1625.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Trash Collection
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 504209021340
  • Lot Size: 6,675
  • Zoning Description: RD-15

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5791.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Dec 29, 2024
Sold by
Hill Larry O and Hill Laura A
Bought by
Rv & Av Investements Llc
Seller's Agent
Amy Mcgrotty
EXP Realty LLC
Buyer's Agent
Hanh Dinh
Compass Florida, LLC
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%
Total Days on Market
10
Views
17
Current Estimated Value
$463,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,519
Avg. Annual Appreciation
10.02%

Purchase Details

Closed on
Jan 1, 1980
Sold by
Available Not
Bought by
Available Not

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
Rv & Av Investements Llc $450,000 Allied Title & Trust
Rv & Av Investements Llc $450,000 Allied Title & Trust
Available Not $21,818 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $450,000 -14.3% $277 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $525,000 -- $323 / 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
2025 $5,791 $358,530 $28,370 $330,160
2024 $5,554 $186,490 -- --
2023 $5,554 $154,130 $0 $0
2022 $4,963 $140,120 $0 $0
2021 $4,550 $127,390 $0 $0
2020 $3,969 $225,160 $20,030 $205,130
2019 $3,190 $195,980 $20,030 $175,950
2018 $2,761 $175,510 $20,030 $155,480
2017 $2,553 $87,020 $0 $0
2016 $2,435 $79,110 $0 $0
2015 -- $71,920 $0 $0
2014 -- $65,390 $0 $0
2013 $17 $64,990 $20,030 $44,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10474344

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-09-02-1340