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Fourplex (Quadruplex) Sold Private Address F10420928 in Fort Lauderdale

$925,000
closed for a price of $930,000

Property Highlights

Listing ID F10420928 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 1,790 Sqft/166.30 m2 approx. Year Built 1958 Time of this property from published date until Closing Date 84 Days

About this Fourplex (Quadruplex) with Listing ID F10420928

Property Description: $83,000 BELOW APPRAISED VALUE! Amazing Rental Fourplex Investment Opportunity on the East Side of Fort Lauderdale. This outstanding property is only four blocks outside Wilton Manors and boasts gorgeous tropical landscaping, a renovated cottage, two new roofs and a lot more! Main house has three rental units. The two apartments downstairs are studios and upstairs is one ultra modern "owner 's " apartment. Also on the same full lot and a half is a fully renovated cottage with private yard, lush landscaping and a private fenced yard. The perfect investment for an owner looking to live onsite (or just keep an apt open for yourself when you 're in town) and collect the income from the other three units. To help pinpoint the exact value I had an appraisal done a few weeks ago.

Useful Info

Contingency:Financing
Previous Asking Price:$975,000
Original List Price:$1,008,000
Close Price:$930,000

Lease Details

Rent Includes:
  • Sewer
  • Trash Collection
  • Water

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre

Construction

Year Built Details:
  • Resale
Number of Units Total:4
Architectural
Style:
  • Fourplex
Property Condition:
  • Resale
Levels:Two
Construction Materials:
  • Block
  • Frame
Flooring:
  • Wood
  • Slate
  • Concrete
Stories:2

Property Features

Waterfront:No
Exterior Features:
  • Barbecue
  • Balcony
  • Patio
  • Room For Pool
  • Other
Patio and Porch Features:
  • Patio
  • Balcony
  • Open
Roof:
  • Shingle
  • Composition
Window Features:
  • Blinds
  • Impact Glass
  • Drapes
  • Tinted Windows
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$6,973

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects Homestead Tax

Terms

Documents Available:
  • Survey
  • Appraisal
  • Inventory
Disclosures:
  • Pet On Property
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Subdivision Name:Progresso 2-18 D
Community Features:
  • Non-gated
  • Laundry Facilities
Senior Community:No

Parking

Parking Total Spaces:8
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Data exchange original Listing NumberF10420928
Type of AssociationNone

Zoning and Legal

Tax Legal Description:PROGRESSO 2-18 D LOT 4 S1/2,5 BLK 86
Real Estate Folio Number (Parcel Number):494234027210
Zoning Description:RM-15
Public Survey Township:4942
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:February 1, 2024 10:48 am
On Market Date:January 30, 2024
Listing Contract Date:January 30, 2024
Contingent Date:March 21, 2024
Close Date:April 25, 2024
Price Change Date Time:March 18, 2024 2:54 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:April 25, 2024 12:01 pm
Status Last Changed:April 25, 2024 12:01 pm
Photos Last Modified:March 28, 2024 4:19 am
Last Modified:April 25, 2024 4:02 pm
Days on the Market Reference Date:April 25, 2024
Days on the Market (updated on Last Modified*):51
Cumulative Days on the Market (updated on Last Modified**):51

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot,
Number of Photos:44
Location:,
Included:,,
Geographical Area:Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Area:3370
Courtesy of:Coral Shores Realty
Universal Property Id:US-12011-N-494234027210-R-N

Neighborhood

Postal City:Fort Lauderdale