1827 Dixie Hwy Fort Lauderdale, FL 33305
Middle River Terrace NeighborhoodHighlights
- No HOA
- Tile Flooring
- 1-Story Property
- Fort Lauderdale High School Rated A
- Central Heating and Cooling System
- 5-minute walk to Equality Park
About This Home
As of March 2025Prime Fort Lauderdale Triplex with Endless Potential! This investment opportunity features two 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, all with central air conditioning, 3 electric meters, 2 water meters, and month-to-month tenants. The property offers incredible potential for expansion or modernization; lot size big enough to add additional unit. Located in a prime area ideal for short-term rentals, this triplex is ready to be transformed into a high-cashflow investment. Most recent yearly leases for updated 2/1's in the area were up to 2,300/month and yearly leases for updated 1/1's were up to $1,800. That's a potential of $6,400/month gross for yearly leases after renovations. Don’t miss this chance to maximize your returns in Fort Lauderdale’s thriving market!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,058
Year Built
- Built in 1964
Parking
- 4 Parking Spaces
Home Design
- Triplex
- Built-Up Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,080 Sq Ft Home
- 1-Story Property
- Tile Flooring
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 3 Units
- Lauderdale Park 6 33 1/2 Condos
- Lauderdale Park 6 33 1/2 Subdivision
Listing and Financial Details
- Rent includes water
- Assessor Parcel Number 494235042290
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $480,000 | -31.4% | $231 / Sq Ft |
| 01/13/2025 01/13/25 | For Sale | $700,000 | -- | $337 / Sq Ft |
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 | $9,058 | $620,430 | $50,290 | $570,140 |
| 2024 | $8,793 | $605,480 | $50,290 | $555,190 |
| 2023 | $8,793 | $241,800 | $0 | $0 |
| 2022 | $7,597 | $219,820 | $0 | $0 |
| 2021 | $6,456 | $199,840 | $0 | $0 |
| 2020 | $6,226 | $365,100 | $50,290 | $314,810 |
| 2019 | $5,249 | $350,150 | $50,290 | $299,860 |
| 2018 | $4,597 | $322,360 | $50,290 | $272,070 |
| 2017 | $4,305 | $136,510 | $0 | $0 |
| 2016 | $3,581 | $124,100 | $0 | $0 |
| 2015 | $3,312 | $112,820 | $0 | $0 |
| 2014 | $3,197 | $102,570 | $0 | $0 |
| 2013 | -- | $93,250 | $50,510 | $42,740 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $114,750 | Commercial |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $480,000 | None Listed On Document | |
| Warranty Deed | -- | Agents Title Inc | |
| Warranty Deed | $153,000 | Agents Title Inc |
Source: MIAMI REALTORS® MLS
MLS Number: A11724152
APN: 49-42-35-04-2290
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