$490,000
SOLD FEB 7, 2025
-- Bed
-- Bath
1,644 Sq Ft
8,407 Sq Ft Lot

Recently Sold

$298 Per Sq Ft

7% Below List Price

175 Days on Market

Highlights

  • Jalousie or louvered window
  • Interior Lot
  • Open Patio
  • Porch
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Cherry Creek Park

About This Home

As of February 2025

FANTASTIC INVESTMENT OPPORTUNITY! Prime multifamily property with unlimited potential. The fabulous location next to vibrant Wilton Manors assures excellent rental income. Plenty of parking and a large lot with opportunity for expansion. Close to Wilton Drive, cafes, shops, restaurants, arts and entertainment. This is a cash only sale.

Last Agent to Sell the Property

Kevin Wirth

Castelli Real Estate Services License #3239040

Castelli Real Estate Services

Last Buyer's Agent

Wayne Solomon

Solomon & Associates Realty In License #3248225

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,403

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 140 x 60
  • Fenced
  • Interior Lot

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,644 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window
  • Awning
  • Ceramic Tile Flooring

Outdoor Features

  • Open Patio
  • Porch

Utilities

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

Community Details

  • 2 Units
  • Simpson Place 9 53 B Subdivision, Duplex 2/2 And 2/1 Floorplan

Listing and Financial Details

  • Total Actual Rent $45,600
  • Assessor Parcel Number 494226030051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,403

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: OAKLAND PARK BOULEVARD AND NE 16TH AVENUE, TAKE NE 16TH AVENUE (NORTH) TO NE 32ND STREET, GO (EAST) TO 1633 ON YOUR LEFT-HAND SIDE.
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1644.0
  • Window Features: Jalousie

Exterior Features

  • Exterior Features: Fence, Lighting, Porch, Awning(s)
  • Lot Features: Interior Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 494226030051
  • Lot Size: 140 X 60
  • Zoning Description: R-2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9403.0

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 45600.0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $490,000 -6.7% $298 / Sq Ft
08/16/2024 08/16/24 For Sale $525,000 0.0% $319 / Sq Ft
03/07/2012 03/07/12 For Rent $820 0.0% --
03/07/2012 03/07/12 Rented $820 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $10,056 $404,140 -- --
2024 $9,403 $404,140 -- --
2023 $9,403 $334,000 $0 $0
2022 $8,644 $303,640 $0 $0
2021 $8,026 $276,040 $0 $0
2020 $6,861 $354,880 $58,720 $296,160
2019 $6,199 $308,450 $58,720 $249,730
2018 $5,307 $233,230 $58,720 $174,510
2017 $4,974 $188,550 $0 $0
2016 $4,631 $171,410 $0 $0
2015 $4,323 $155,830 $0 $0
2014 $4,064 $142,130 $0 $0
2013 -- $138,770 $67,100 $71,670
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 Commercial
Previous Owner $92,000 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $490,000 Cooperative Title Agency
Warranty Deed $115,000 --
Personal Reps Deed $47,857 --
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10456635

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-26-03-0051