$1,800,000
SOLD APR 18, 2025
-- Bed
-- Bath
4,497 Sq Ft
0.31 Acres

Recently Sold

$400 Per Sq Ft

3% Below List Price

42 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • 4-minute walk to Reverend Samuel Delevoe Memorial Park

About This Home

As of April 2025

FULLY RENTED Spectacular multifamily 12 units in FORT LAUDERDALE, updated in August 2024. 10 MIN AWAY FROM LAS OLAS BLVD. Updated with city permits. New roof, impact windows, new kitchens, new bathrooms, new landscape, new irrigation system, new fence, electric, plumbing, new wall Ac's, new SS appliances, built in closets laundry 2 commercial washers and 2 commercial dryers on site for extra income, Land approved for future 5 story project development. 6 one bedrooms with full kitchens RENTED FOR $1650 and 6 studios with kitchenets (SMALL FRIGE AND MICROWAVE) RENTED FOR $1200 . 6 electric meters.
Long term tenants with lease agreements. 40 year inspection approved. 6.4% CAPRATE. See attachments with financials. CALL LISTING AGENT FOR MORE INFORMATION See attachments

Last Agent to Sell the Property

Aixa Skinner

LoKation Brokerage Phone: 786-587-7679 License #3284825

LoKation

Last Buyer's Agent

Janet Marti

Coldwell Banker Realty License #3517162

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,376

Year Built

  • Built in 1959

Parking

  • 12 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 4,497 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 2 Units
  • River Gardens Condos
  • River Gardens Subdivision

Listing and Financial Details

  • Rent includes electricity, hot water, gardener, trash collection, water
  • Assessor Parcel Number 504205071200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,376

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RIVER GARDENS
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 786-587-7679
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 4497
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVER GARDENS
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504205071200
  • Zoning: NWRAC-MU
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Hot Water, Gardener, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 30376

Multi Family

  • Number Of Units In Community: 2

Map

Range of Values:

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Average Value
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List Price
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
04/18/2025 04/18/25 Sold $1,800,000 -2.7% $400 / Sq Ft
03/07/2025 03/07/25 For Sale $1,850,000 -- $411 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11758708

MIAMI REALTORS® MLS

APN: 50-42-05-07-1200