Owner
$285,756
1716 NW 57TH TER # 15, LAUDERHILL, FL
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
4
baths
2
sq. ft.
2,050
property type
Condominium Unit (Residential)
hoa
Yes
About
Residential
Building Quality C
Living Area
2 Stories
Concrete
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1973
Building Size
2,050 sq ft
Lot Size
5,387 sq ft
Lot Size (Acres)
0.12 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
49-41-35-FB-0060
County
Broward County, FL
Metro Area
Miami-Fort Lauderdale-West Palm Beach, FL
Zoning
RM-8
Neighborhood/Subdivision
WIMBLEDON TOWNHOUSE CONDO II-03
Lot Number
15
School District
Broward County School District
Legal Description
WIMBLEDON TOWNHOUSE II-3 CONDO UNIT 15 PER CDO BK/PG: 5379/810
Tax & Value Information
Market Value (Total)
$228,060
Building Value
$205,250
Land Value
$22,810
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$41,040
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
—
Recording Date
—
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$11,057
Return on Investment
15.60%
After Repair Value
$314,332
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$257,180
Renovation Cost
$14,288
Closing Costs (buying)
$5,144
Holding Costs
$7,803
Selling Costs
$18,860
Total Investment
$70,867
After Repair Value (ARV)
$314,332
Total Costs
$303,274
Estimated Profit
$11,057
Cash Invested
$65,724
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area