1451 NE 10th Ave Fort Lauderdale, FL 33304
Middle River Terrace NeighborhoodEstimated payment $7,299/month
Highlights
- Tile Flooring
- Central Heating and Cooling System
- Fenced
- Fort Lauderdale High School Rated A
- Laundry Facilities
About This Home
Attention Investors!
Looking for your next development opportunity? This prime 17,261 sq ft lot, zoned RA-25, offers the potential for 8 spacious apartment units (approximately 1,200–1,300 sq ft each) with condo conversion potential and an estimated monthly income of $32,000 once developed.
While you're working through permitting, the existing updated multi-family property is already generating income with one 2-bed/2-bath unit and two studio units, bringing in $3,200/month.
Ideally located in central Fort Lauderdale, just steps from the vibrant attractions of Wilton Manors, this is a rare find for the savvy investor.
Tenant occupied. Please do not disturb tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,253
Year Built
- Built in 1949
Lot Details
- Fenced
Parking
- 6 Parking Spaces
Home Design
- Triplex
- Flat Roof Shape
- Tile Roof
Interior Spaces
- 2,560 Sq Ft Home
- 1-Story Property
- Blinds
- Tile Flooring
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Rent includes electricity, gardener, hot water, cable TV
- Assessor Parcel Number 494235010150
- Seller Considering Concessions
Community Details
Overview
- 3 Units
- Middle River Terrace Subdivision
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $17,253 | $895,860 | $69,040 | $826,820 |
| 2024 | $15,920 | $895,860 | $69,040 | $826,820 |
| 2023 | $15,920 | $812,950 | $69,040 | $743,910 |
| 2022 | $9,646 | $489,410 | $69,040 | $420,370 |
| 2021 | $6,901 | $339,640 | $0 | $0 |
| 2020 | $6,266 | $308,770 | $69,040 | $239,730 |
| 2019 | $6,006 | $306,420 | $69,040 | $237,380 |
| 2018 | $5,498 | $288,760 | $69,040 | $219,720 |
| 2017 | $5,189 | $267,030 | $0 | $0 |
| 2016 | $5,097 | $254,060 | $0 | $0 |
| 2015 | $5,207 | $254,060 | $0 | $0 |
| 2014 | $5,246 | $249,720 | $0 | $0 |
| 2013 | -- | $235,300 | $69,040 | $166,260 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2025 04/19/25 | For Sale | $1,050,000 | +10.5% | $410 / Sq Ft |
| 11/01/2022 11/01/22 | Sold | $950,000 | 0.0% | $1,284 / Sq Ft |
| 08/30/2022 08/30/22 | For Sale | $950,000 | 0.0% | $1,284 / Sq Ft |
| 08/15/2015 08/15/15 | Rented | $1,400 | 0.0% | -- |
| 07/16/2015 07/16/15 | Under Contract | -- | -- | -- |
| 06/30/2015 06/30/15 | For Rent | $1,400 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $950,000 | -- | |
| Quit Claim Deed | -- | Accommodation | |
| Warranty Deed | $620,000 | -- | |
| Warranty Deed | $180,000 | -- | |
| Warranty Deed | $135,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $220,000 | Unknown | |
| Previous Owner | $169,600 | Unknown | |
| Previous Owner | $162,000 | No Value Available |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10498544
APN: 49-42-35-01-0150
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