$1,020,000
$230K PRICE DROP

Estimated payment $6,741/month

Total Views 2,280
-- Bed
-- Bath
2,515 Sq Ft
$406 Price per Sq Ft

Highlights

  • Room in yard for a pool
  • Deck
  • Porch
  • Floranada Elementary School Rated A-
  • No HOA
  • High Impact Windows

About This Home

PRICE REDUCED TO SELL!
Fully Licensed, turn-key potential 11% CAP Rate AIRBNB to add to your portfolio
8% ROI on annual rentals.
Beautifully designed Duplex in the heart of Fort Lauderdale, 10 min from the beach, No HOA
Very large units, offering 3 Beds / 2 Baths each, enjoy multiple seating areas, dining room, coffee bar, plus furnished private patios with Jacuzzi, canopy and grills for the best outdoor experiences
Freshly painted property, featuring a large circular driveway for up to 6 cars, partial hurricane-impact windows/doors, Nest thermostats, Smart Locks, smart TVs, LED lighting, and remodeled kitchens that feature granite counter-tops SS appliances & convenient lockout closet for AIRBNB.
No detail was over looked every area of the home is sure to impress your clients

Listing Agent

Leopoldo Ortega

Brokers, LLC License #3147480

Brokers, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,711

Year Built

  • Built in 1962

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,515 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods

Flooring

  • Tile
  • Vinyl

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • Room in yard for a pool
  • Deck
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes cable TV, electricity, rent incl, sewer, trash collection, water
  • Assessor Parcel Number 494213060360

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Coral Ridge Add Condos
  • Coral Ridge Add Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,711

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: I-95 to Commercial Blvd East follow to NE 18th Ave, make a left(North) and then make a right on NE 56th St, to the property on your right side.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: CORAL RIDGE ADD
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: Yes
  • Door Features: High Impact Doors
  • Flooring: Tile, Vinyl
  • Living Area: 2515
  • Stories: 1
  • Window Features: Clear Impact Glass, Complete Impact Glass, Drapes, High Impact Windows, Impact Glass

Exterior Features

  • Roof: Shingle
  • Exterior Features: Barbeque, Exterior Lights, Room For Pool
  • Construction Type: Concrete Block Construction, CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Porch
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL RIDGE ADD
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494213060360
  • Zoning: RMM-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Cable TV, Electricity, Other Rent Incl, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12711

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 144000

Map

Range of Values:

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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 $14,449 $744,820 $75,010 $669,810
2024 $12,711 $709,780 $60,010 $649,770
2023 $12,711 $610,430 $60,010 $550,420
2022 $9,850 $470,130 $60,010 $410,120
2021 $9,411 $441,210 $0 $0
2020 $8,521 $401,100 $60,010 $341,090
2019 $8,435 $428,120 $60,010 $368,110
2018 $7,458 $390,650 $60,010 $330,640
2017 $6,865 $343,840 $0 $0
2016 $5,497 $221,810 $0 $0
2015 $4,937 $201,650 $0 $0
2014 $4,579 $183,320 $0 $0
2013 -- $196,220 $60,010 $136,210
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2025 04/19/25 Price Changed $1,020,000 -3.8% $406 / Sq Ft
04/10/2025 04/10/25 Price Changed $1,060,000 -8.6% $421 / Sq Ft
04/04/2025 04/04/25 For Sale $1,160,000 0.0% $461 / Sq Ft
03/26/2025 03/26/25 Off Market $1,160,000 -- --
03/12/2025 03/12/25 Price Changed $1,160,000 -4.1% $461 / Sq Ft
03/05/2025 03/05/25 For Sale $1,210,000 0.0% $481 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
12/18/2024 12/18/24 Price Changed $1,210,000 -0.4% $481 / Sq Ft
10/31/2024 10/31/24 Price Changed $1,215,000 -0.8% $483 / Sq Ft
09/10/2024 09/10/24 Price Changed $1,225,000 -0.4% $487 / Sq Ft
08/28/2024 08/28/24 Price Changed $1,230,000 -0.4% $489 / Sq Ft
07/08/2024 07/08/24 Price Changed $1,235,000 -1.2% $491 / Sq Ft
05/29/2024 05/29/24 For Sale $1,250,000 +30.2% $497 / Sq Ft
05/03/2023 05/03/23 Sold $960,000 -12.7% $382 / Sq Ft
01/21/2023 01/21/23 For Sale $1,100,000 +61.8% $437 / Sq Ft
02/23/2022 02/23/22 Sold $680,000 +6.3% $270 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $640,000 +45.5% $254 / Sq Ft
11/20/2019 11/20/19 Sold $440,000 0.0% $175 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $440,000 -- $175 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $960,000 Brokers Title & Escrow
Warranty Deed $680,000 William J Anderson Pa
Interfamily Deed Transfer -- Attorney
Warranty Deed $440,000 Attorney
Warranty Deed $386,500 Attorney
Special Warranty Deed $300,000 Attorney
Trustee Deed $263,300 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 Balloon
Closed $420,000 Construction
Closed $55,000 No Value Available
Closed $672,000 Balloon
Previous Owner $510,000 New Conventional
Previous Owner $308,000 New Conventional
Previous Owner $360,500 No Value Available
Previous Owner $236,319 Commercial
Previous Owner $250,000 Credit Line Revolving
Previous Owner $231,000 Commercial
Previous Owner $73,250 Commercial
Previous Owner $115,000 Credit Line Revolving
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11589470

MIAMI REALTORS® MLS

APN: 49-42-13-06-0360