Closed

Pinewood Place, 620 SW 7th St #1-6, Fort Lauderdale, FL 33315

1,440,000(-6.25% )
2,666SqFt

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Details

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Status:
Sold - Mar 25, 2024
Size: 2,666 SqFt (248 m2)
Price: $506/SqFt ($5,451/m2)
Type: Multi Family
Built: 1960
MLS Number: F10399951
On Site: 696 Days
Updated: 503 Days ago
Page Views: 0
$10,250 monthly gross income. Leases in place. Very unique opportunity to own a legal 6-unit building in the desirable tarpon river neighborhood! Four 1/1’s and two studios. 8,075 sqft lot. Extensive renovations took place in 2018/2019 w/ Permits. Central ac’s are 2000, 2017, 2018 & 2021. Mini split 2022. Partial sewer re-pipe. 3-tab roof 2012. Gas water heater 2012. Siemens & ge electrical panels. Six electric meters, one water meter. Perfect building for either long term or short term rentals. Attached in mls: rent roll/expense list, appraisal ($1,500,000), full inspection report, 4-pt, mitigation, survey, 2023-2024 homeowners insurance premium, & permit list. Walk to trb, wells coffee, chimney house, himmarshee st, hardy park, broward center, the riverwalk, publix & more! Flood zone x!
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central,Electric
        • Cooling Description: CentralAir, WallWindowUnits
        Building and Construction
        • Floor Description: Tile
        • Windows/Treatment: Blinds
        • Year Built: 1960
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2023-09-14T10:18:47.000-00:00
          Taxes, Fees & More
          • Taxes: 13368
          • Total Units in Building: 2

          Price History

          03/25/2024

          Date

          Sold

          Event

          $1.4M

          Price

          -6.25%

          Change Rate

          $506 ft2 / $5,451 m2

          Price Per

          01/17/2024

          Date

          Price Reduced

          Event

          $1.4M

          Price

          -3.36%

          Change Rate

          $540 ft2 / $5,814 m2

          Price Per

          11/09/2023

          Date

          Price Reduced

          Event

          $1.5M

          Price

          -0.67%

          Change Rate

          $559 ft2 / $6,016 m2

          Price Per

          09/14/2023

          Date

          Listed

          Event

          $1.5M

          Price

          $563 ft2 / $6,056 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Heidi BraunhardtLoKation • Buyer Agency Compensation .

          Instant Comps

          $200/ft²
          $300/ft²
          $500/ft²
          $700/ft²

          Unit 620 SW 7th St #1-6 – Asking

          $506/ft²

          (+46%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $347/ft²
          Community $/Price Range (Closed) $328/ft² – $366/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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