SELLER FINANCING AVAILABLE WITH 50% DOWNPAYMENT One-of-a-kind opportunity to own a BRAND NEW investment property. Built-in 2022, this building consists of 4 units, two upstairs and two downstairs. Inside: Each unit is a Two-Bedroom and Two-Bathrooms with oversized walk-in closets, private baths, dual sinks, central air, stainless steel appliances, and a washer and dryer. Outside: Impact windows and assigned parking. Separate electricity, cable/internet, and water meters for each unit. ALL UNITS ARE RENTED. Tenants pay ALL utilities ( Yearly rentals $3500, $3500, $3200, $4000 ). Owner pays Insurance, Taxes, Landscaping & water for the landscaping - CALL TODAY - EASY TO VIEW.
Sold for $2,625,000
$2,625,000
1016 NE 7th Avenue, Fort Lauderdale, FL 33304
8beds
8baths
4,278sqft
Quadruplex, Multi Family, Multi Family
Built in 2022
-- sqft lot
$2,392,800 Zestimate®
$614/sqft
$3,957 Estimated rent
Home value
$2,392,800
$2.18M - $2.61M
$3,957/mo
Zestimate® history
Owner options
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$3,957/mo
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$3,957/mo
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$18,667/mo
Est. payment
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$18,667/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Dayana Susterman 954-296-9931,
Compass Florida, LLC,
Joshua E Dotoli 954-290-4793,
Compass Florida, LLC
Bought with:
Angelina Bit, 3485397
LoKation
Angelina Bit, 3485397
LoKation
Source: BeachesMLS,MLS#: F10368250
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Central, Separate Meters
Cooling
- Central Air, Ceiling Fan(s)
Features
- Flooring: Tile
- Windows: Impact Glass
Interior area
- Total interior livable area: 4,278 sqft
Property
Features
- Patio & porch: Porch, Balcony
- Exterior features: Balcony
Lot
- Features: < 1/4 Acre
Details
- Parcel number: 494234047760
- Zoning: RMM-25
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Block
- Roof: Concrete,Other
Condition
- Resale
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: PROGRESSO
HOA
- Has HOA: No
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $614/sqft
- Tax assessed value: $2,394,970
- Annual tax amount: $3,881
- Date on market: 2/16/2023
- Cumulative days on market: 186 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2023 | Sold | $2,625,000-12.5%$614/sqft |
Source:  BeachesMLS #F10368250 Report a problem | ||
| 8/22/2023 | Pending sale | $3,000,000$701/sqft |
Source: BeachesMLS #F10368250 Report a problem | ||
| 6/12/2023 | Price change | $3,000,000+11.1%$701/sqft |
Source: BeachesMLS #F10368250 Report a problem | ||
| 2/21/2023 | Listed for sale | $2,700,000+38.5%$631/sqft |
Source: BeachesMLS #F10368250 Report a problem | ||
| 10/29/2022 | Listed for rent | $3,500$1/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 7/14/2022 | Sold | $1,950,000-7.1%$456/sqft |
Source: BeachesMLS #F10331824 Report a problem | ||
| 7/14/2022 | Pending sale | $2,100,000$491/sqft |
Source: BeachesMLS #F10331824 Report a problem | ||
| 6/28/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 6/27/2022 | Contingent | $2,100,000$491/sqft |
Source: BeachesMLS #F10331824 Report a problem | ||
| 6/24/2022 | Listed for rent | $3,500$1/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 6/21/2022 | Price change | $2,100,000-4.5%$491/sqft |
Source: BeachesMLS #F10331824 Report a problem | ||
| 6/19/2022 | Listed for sale | $2,200,000$514/sqft |
Source: BeachesMLS #F10331824 Report a problem | ||
| 6/1/2022 | Contingent | $2,200,000$514/sqft |
Source: BeachesMLS #F10331824 Report a problem | ||
| 5/24/2022 | Listed for sale | $2,200,000+856.5%$514/sqft |
Source: BeachesMLS #F10331824 Report a problem | ||
| 6/25/2019 | Sold | $230,000+283.3%$54/sqft |
Source: Public Record Report a problem | ||
| 8/17/2012 | Sold | $60,000+867.7%$14/sqft |
Source: Public Record Report a problem | ||
| 8/27/2010 | Sold | $6,200-70.5%$1/sqft |
Source: Public Record Report a problem | ||
| 2/23/2000 | Sold | $21,000+226.7%$5/sqft |
Source: Public Record Report a problem | ||
| 9/19/1984 | Sold | $6,428$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $46,161 +1.6% | $2,394,970 +1.4% |
| 2024 | $45,439 +29.4% | $2,362,300 +34.6% |
| 2023 | $35,105 +804.4% | $1,755,670 +767.3% |
| 2022 | $3,882 -0.1% | $202,420 |
| 2021 | $3,886 +0.5% | $202,420 |
| 2020 | $3,866 +91.7% | $202,420 +179.7% |
| 2019 | $2,017 | $72,360 +10% |
| 2018 | $2,017 +68.8% | $65,790 +8.3% |
| 2017 | $1,194 +6.5% | $60,730 +8.9% |
| 2016 | $1,122 +5.6% | $55,770 |
| 2015 | $1,063 -2.8% | $55,770 |
| 2014 | $1,094 -1.8% | $55,770 |
| 2013 | $1,114 +82.1% | $55,770 +83.7% |
| 2012 | $612 -57% | $30,360 -57.1% |
| 2011 | $1,423 -2.1% | $70,850 |
| 2010 | $1,454 -12.7% | $70,850 -15.5% |
| 2009 | $1,665 +0.7% | $83,850 |
| 2008 | $1,654 | $83,850 |
Find assessor info on the county website
Neighborhood: Lake Ridge
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Nearby schools
GreatSchools rating
- 5/10Bennett Elementary SchoolGrades: PK-5Distance: 1 mi
- 6/10Sunrise Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Fort Lauderdale High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$2,392,800
Get a cash offer in 3 minutes
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Estimated market value
$2,392,800
- Florida
- Broward County
- Fort Lauderdale
- 33304
- Lake Ridge
- 1016 NE 7th Avenue
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