$949,999
UNDER CONTRACT

Estimated payment $6,680/month

Total Views 777
-- Bed
-- Bath
3,937 Sq Ft
$241 Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 3-minute walk to Esterre Davis Wright Park

About This Home

Attention savvy investors--this is your chance to secure a standout quadplex in one of Fort Lauderdale's hottest rental markets. Priced under its recent appraisal, this property offers immediate built-in equity and the potential for impressive cash flow. recently appraised at $1.1M. This multi-family asset offers four 2-bed/2-bath units in nice rental condition--with potential for modern upgrades to command higher rents. Current rents range from $2,300 to $2,900 per month, yielding an approximate 12.5% gross annual cap rate. Located minutes from beaches, dining, shopping, and entertainment. All liens have been cleared. Only the violations need to be assumed by the buyer. Schedule your showing today!

Listing Agent

Patrick Butler

Success Squad LLC License #474045

Success Squad LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,530

Year Built

  • Built in 1984

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,937 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Hibiscus Gardens Amended Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504221070030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,530

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1984
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: 4224
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3937.0

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 504221070030
  • Lot Size: < 1/4 Acre
  • Zoning Description: B-2

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16530.0

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

Collateral Analytics

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ICE

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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 $16,530 $857,360 $118,170 $739,190
2024 $11,636 $783,610 $23,630 $759,980
2023 $11,636 $521,960 $0 $0
2022 $10,338 $481,080 $0 $0
2021 $9,506 $484,420 $0 $0
2020 $8,886 $455,150 $0 $0
2019 $7,948 $439,480 $0 $0
2018 $7,197 $434,010 $0 $0
2017 $6,671 $327,040 $0 $0
2016 $6,286 $303,860 $0 $0
2015 $5,723 $283,530 $0 $0
2014 $5,380 $264,950 $0 $0
2013 -- $243,710 $23,630 $220,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 For Sale $949,999 -- $241 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $850,000 None Listed On Document
Warranty Deed $750,000 None Listed On Document
Quit Claim Deed -- Madison Title & Escrow Llc
Warranty Deed $508,000 Mondesir & Alexis Title Serv
Warranty Deed $283,000 --
Deed -- --
Deed $1,000 --
Warranty Deed $220,000 --
Warranty Deed $210,000 --
Warranty Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $825,000 Construction
Previous Owner $120,000 Commercial
Previous Owner $486,000 Commercial
Previous Owner $381,000 Commercial
Previous Owner $231,000 Commercial
Previous Owner $144,000 Commercial
Previous Owner $198,000 Commercial
Previous Owner $42,520 Commercial
Source: Public Records

Source: BeachesMLS

MLS Number: R11076267

BeachesMLS

APN: 50-42-21-07-0030