$450,000
$50K PRICE DROP

Estimated payment $2,910/month

Total Views 2,498
-- Bed
-- Bath
1,238 Sq Ft
$363 Price per Sq Ft

Highlights

  • No HOA
  • Concrete Block With Brick
  • No Heating
  • Fort Lauderdale High School Rated A
  • Central Air
  • 1-Story Property

About This Home

Duplex in a hot area! Separate meters potential rent income a month $4400. Neighborhood is under billions in new construction. Units have been completely remolded New roof installed 2023, CRA opportunity zone offers tax benefits. Welcome to your dream rental investment! This beautifully renovated duplex, offers an incredible opportunity for both residents and investors. Property was producing $3900 monthly income $46800 YTD Cap rate 7%

Listing Agent

Carlos Sanchez

The Lab Realty Group, LLC License #3560408

The Lab Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,775

Year Built

  • Built in 1958

Parking

  • 4 Parking Spaces

Home Design

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

Interior Spaces

  • 1,238 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units
  • Lincoln Park Third Add Condos
  • Lincoln Park Third Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504204140170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,775

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Duplex
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: LINCOLN PARK THIRD ADD
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1238
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block Construction, Concrete Block With Brick, CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LINCOLN PARK THIRD ADD
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504204140170
  • Zoning: RMM-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4775

Multi Family

  • Number Of Units In Community: 2

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 $7,287 $318,130 $68,250 $249,880
2024 $4,775 $323,590 $13,650 $309,940
2023 $4,775 $115,500 $0 $0
2022 $4,428 $105,000 $0 $0
2021 $3,430 $95,460 $0 $0
2020 $3,156 $153,490 $13,650 $139,840
2019 $2,457 $133,600 $13,650 $119,950
2018 $2,200 $132,010 $13,650 $118,360
2017 $2,046 $65,210 $0 $0
2016 $1,957 $59,290 $0 $0
2015 $1,856 $53,900 $0 $0
2014 $1,738 $49,000 $0 $0
2013 -- $48,170 $13,650 $34,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Price Changed $450,000 -4.3% $363 / Sq Ft
04/11/2025 04/11/25 Price Changed $470,000 -3.9% $380 / Sq Ft
04/08/2025 04/08/25 For Sale $489,000 0.0% $395 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
02/18/2025 02/18/25 Price Changed $489,000 -2.2% $395 / Sq Ft
12/11/2024 12/11/24 For Sale $499,999 +23.5% $404 / Sq Ft
02/01/2023 02/01/23 Sold $405,000 -2.4% $327 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
12/17/2022 12/17/22 For Sale $415,000 -- $335 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $405,000 Brokers Title & Escrow
Warranty Deed $160,000 Lsi
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,395 Unknown
Previous Owner $116,050 Commercial
Previous Owner $124,000 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11707890

MIAMI REALTORS® MLS

APN: 50-42-04-14-0170