South Florida
Closed
Prospect Gardens, 499 NW 42nd St, Fort Lauderdale, FL 33309
850,000(-10% )
Details
Save
Status:
Sold - Sep 05, 2024
Size: 3,500 SqFt (325 m2)
Price: $219/SqFt ($2,353/m2)
Type: Multi Family
Built: 1969
MLS Number: F10448933
On Site: 404 Days
Updated: 342 Days ago
Page Views: 0
Significant price improvement. Price per unit is tough to beat in the heart of oakland park you will find this effeciently designed building with a big shed inside a new fence and gate. Roof is sound and redone in 2017. Plenty of parking on two sides of the building. Bcpa says it is 7 units. It is 5 one bedrooms units and 1 efficiency house long term tenants. 5 are month to month and 1 lease expires in the aug 31, 2024 and will not be renewed. Rents are below market with plent of room to raise rent. $142000 per unit. Large storage shed conveys with sale. Units 5 (one br) and 6 (efficiency) were at one time a 2 br 2 bath unit and could be put back as a two bedroom with little work.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: None
- Cooling Description: Electric
Building and Construction
- Floor Description: Tile
- Year Built: 1969
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-07-05T11:27:51.000-00:00
Taxes, Fees & More
- Taxes: 15720
- Total Units in Building: 3
Price History
09/05/2024
Date
Sold
Event
$765K
Price
-10%
Change Rate
$219 ft2 / $2,353 m2
Price Per
07/31/2024
Date
Price Reduced
Event
$850K
Price
-14.91%
Change Rate
$243 ft2 / $2,614 m2
Price Per
07/05/2024
Date
Listed
Event
$999K
Price
$285 ft2 / $3,072 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Michael Biggie • Charles Rutenberg Realty FTL • Buyer Agency Compensation .
Instant Comps
$100/ft²
$100/ft²
$300/ft²
$500/ft²
Unit 499 NW 42nd St – Asking
$219/ft²
(-14%) from Closed Medium $/ft²
Closed Medium $/ft²
$254/ft²
Community $/Price Range (Closed) $219/ft² – $330/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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