$975,000
SOLD OCT 17, 2024

261 NW 42nd St Oakland Park, FL 33309

Prospect Gardens Neighborhood
-- Bed
-- Bath
3,513 Sq Ft
0.26 Acres

Recently Sold

$278 Per Sq Ft

2% Below List Price

23 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of October 2024

Property Highlights: All Units Remodeled with Stainless Steel Appliances & Granite Countertops Spacious 2/1
Bedroom Units Central A/C. Investment Opportunity: Fully Occupied Property with long term tenants - Already
Cash Flowing with below market Rents, renewals in September and October - MOTIVATED SELLER! Don't miss on this excellent investment opportunity. Must See!

Last Agent to Sell the Property

Lina Arbelaez

EXP Realty LLC License #3253785

EXP Realty LLC

Last Buyer's Agent

ROSNELD ALINCY

Integral Realty LLC License #3338298

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,815

Year Built

  • Built in 1976

Parking

  • 10 Parking Spaces

Home Design

  • Quadruplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,513 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Prospect Gardens Condos
  • Prospect Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494222081180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,815

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1976
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: PROSPECT GARDENS
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 3513
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROSPECT GARDENS
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • 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: 494222081180
  • Zoning: RM-16
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17815

Multi Family

  • Number Of Units In Community: 4

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

Property History

Date Event Price Change Sq Ft Price
10/17/2024 10/17/24 Sold $975,000 -2.5% $278 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $1,000,000 0.0% $285 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $1,000,000 +25.0% $285 / Sq Ft
06/17/2022 06/17/22 Sold $800,000 +3.2% $238 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $775,000 0.0% $230 / Sq Ft
08/24/2021 08/24/21 For Rent $1,495 -3.5% --
08/24/2021 08/24/21 Rented $1,550 +19.2% --
09/04/2018 09/04/18 For Rent $1,300 0.0% --
09/04/2018 09/04/18 Rented $1,300 0.0% --
04/01/2016 04/01/16 Sold $317,625 +32.3% $94 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $240,000 -- $71 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $19,604 $778,690 $78,400 $700,290
2024 $17,815 $798,730 $78,400 $720,330
2023 $17,815 $718,600 $78,400 $640,200
2022 $13,760 $494,400 $0 $0
2021 $12,906 $449,460 $0 $0
2020 $10,929 $431,640 $78,400 $353,240
2019 $10,475 $414,950 $78,400 $336,550
2018 $10,094 $413,280 $78,400 $334,880
2017 $9,442 $365,080 $0 $0
2016 $8,604 $317,840 $0 $0
2015 $6,748 $200,150 $0 $0
2014 $6,339 $181,960 $0 $0
2013 -- $173,000 $78,400 $94,600
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $926,250 New Conventional
Previous Owner $6,400,000 Commercial
Previous Owner $304,500 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $975,000 Title Company Of South Florida
Deed $317,700 --
Trustee Deed $200,100 None Available
Warranty Deed $110,000 --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11646166

MIAMI REALTORS® MLS

APN: 49-42-22-08-1180

Florida Broward County Oakland Park 33309 Prospect Gardens

261 NW 42nd St, Oakland Park, FL

Homes for Sale in Oakland Park, FL

This home is located at 261 NW 42nd St, Oakland Park, FL 33309 and is currently priced at $975,000, approximately $277 per square foot. This property was built in 1976. 261 NW 42nd St is a home located in Broward County with nearby schools including Lloyd Estates Elementary School, James S. Rickards Middle School, and Northeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.