See Home Value
$5,052,902*
House - Off Market

1616 SE 7th St

Fort Lauderdale, FL 33316
bedrooms
5 Beds
bathrooms
6 Baths, 2 Half Baths
square feet
4293 Sqft
$4,496,000 - $5,494,000
Reference Base Price*
1.16%
Since Jul 1, 2022
National-US
Primary Model
Sold Jul 06, 2022
$4,800,000
$2,500,000 by Crowd Lending Capital Llc
Mortgage
Sold Oct 29, 2003
$1,475,000
$625,000 by Mellon Trust Of New England Na
Mortgage Due Nov 01, 2033

About This Property

Classic Palm Beach inspired custom renovated waterfront residence. Tucked away on most desirable street in Rio Vista with quaint tree-lined sidewalks. 100'± deepwater dockage, wide turning basin, minutes to ocean access making this perfect for the avid boater's S Fla lifestyle. The home itself is purposefully situated on a spectacular 12,500±SF lot to enjoy the Southeastern tropical breezes. The 4,300±TSF of living space features 5 bedrooms, 4.2 baths with interior decor by Palm Beach designer Tom Scheerer. The spacious outdoor area surrounds the tranquil pool & spa creating an outdoor oasis with plenty of room to entertain family and friends. Conveniently located near fine dining, shopping and just a 15± minute drive to the FTL International Airport. Don't miss this one - priced to sell!

The manager has listed the unit size as 4293 square feet.
Unit Size
4,293Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,164
Property Type
House
Property Taxes
$3,699
HOA Dues
-
Year Built
1971

Price History

Date / Event Date Event Price
Jul 6, 2022 Sold $4,800,000
Sold
Jun 15, 2022 No longer available -
No longer available
May 27, 2022 Listed $4,995,000
Listed
Apr 29, 2020 No longer available -
No longer available
Mar 9, 2020 Listed $3,399,000
Listed
RIO VISTA, WATERFRONT! Located on one of Ft Lauderdale's finest streets, 7th St Isle, in sought-after RIO VISTA. This Custom Renovated Classic Florida Home is situated on a 100' WATERFRONT Lot with preferred southern exposure. Deepwater Dockage with quick Ocean access. Attention to detail and only the finest finishes were used in the complete renovation of this professionally designed home by acclaimed designer Tom Scheerer. 5 BED; 4 BATH; 2 HALF BATH; 5,300+ TSF; 12,500 SF Lot; Pool…
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 5
  • Full Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 581
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,500
  • Total Building Area: 5,194
  • Gross Building Area: 5,194
  • Building Area: 4,154
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 4,154
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: RIO VISTA ISLES UNIT 4 6-19 B
  • Land Acres: 0.287
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: RIO VISTA ISLES UNIT 4 6-19 B LOT 4 & 5 BLK 32

Ownership

  • Current Owner : 1616SE7TH LLC
  • Previous Owner : DOUGLASS III WILLIAM A
  • Previous Owner 2: DOUGLASS KRISTIN
  • Owner Before Previous Owner: JACKSON CHARLES LEE
  • Owner Before Previous Owner 2: JACKSON SHARRON L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 26, 2024

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 042301

Zoning

  • Zoning: RS-4.4

Geography

  • District: 0312
  • Parcel: 50-42-11-20-0250
  • Block: 32
  • Lot: 4,5
  • Meridian: SEC 11 TWN 50S RNG 42E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.1141
  • Longitude: -80.1261

    Address

  • Full Address: 1616 Se 7th St
  • Legal Unit: 4
  • Address - House Number: 1616
  • Street Direction: SE
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C008
  • 4-Digit Zip Code: 1402
  • Zip Code: 33316

Valuation

    Tax

  • Total Area: 4,293
  • Tax Year: 2023
  • Tax Amount: $47,222
  • Tax Rate Code Area: 0312

    Appraisal Valuation

  • Standard Deviation: 0.1352
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 84
  • Final Value: 4,491,623
  • High Value: 5,098,970
  • Low Value: 3,884,277

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,500,000
  • First Open Lien Mortgage Lender: CROWD LENDING CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Jul 06, 2022
  • First Open Lien Mortgage Loan Amount: $2,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $2,500,000
  • Market Land Value: $2,500,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,500,000
  • Assessed Land Value: $2,500,000

    Sales

  • Current Sale Contract Date: Jun 23, 2022
  • Current Sale Recording Date: Jul 06, 2022
  • Current Sale Transaction ID: 11891464065
  • Current Sale Price: $4,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 118254732
  • Previous Sale Recording Date: Oct 29, 2003
  • Previous Sale Contract Date: Oct 02, 2003
  • Previous Sale Amount: $1,475,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROWD LENDING CAPITAL LLC
  • First Mortgage Transaction Date: Jul 06, 2022
  • First Mortgage Loan Amount: $2,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MELLON TRUST OF NEW ENGLAND NA
  • Previous Mortgage Transaction Date: Oct 29, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $625,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5.5 Baths
4,175 ft²
$1,195/ft²
$4,990,000 Feb 9, 2023
-
$2,621/mo
House
5 Beds
5 Baths
3,610 ft²
$1,247/ft²
$4,500,000 Jan 10, 2023
-
$3,318/mo
House
5 Beds
5 Baths
3,915 ft²
$1,111/ft²
$4,350,000 Feb 1, 2023
-
$2,150/mo
House
4 Beds
5.5 Baths
4,156 ft²
$1,107/ft²
$4,600,000 Jun 18, 2022
-
$1,874/mo
House
4 Beds
5 Baths
4,040 ft²
$1,109/ft²
$4,479,000 Feb 18, 2022
-
-
House
4 Beds
5.5 Baths
5,577 ft²
$894/ft²
$4,985,000 Nov 12, 2022
-
$4,611/mo
House
4 Beds
3.5 Baths
2,488 ft²
$1,636/ft²
$4,070,000 Oct 25, 2022
-
$3,108/mo
House
7 Beds
6.5 Baths
4,960 ft²
$988/ft²
$4,900,000 Oct 18, 2022
-
$3,710/mo
House
5 Beds
6.5 Baths
-
$4,000,000 Jul 26, 2022
-
$745/mo
House
9 Beds
9 Baths
7,409 ft²
$668/ft²
$4,950,000 Jan 3, 2023
-
$2,814/mo
Land
Loft
-
-
$5,900,000 Nov 1, 2022
-
$1,958/mo
Land
Loft
-
-
$5,975,000 Oct 26, 2022
-
$2,342/mo

About East Fort Lauderdale


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Frequently Asked Questions

When was property at 1616 Southeast 7th Street built and last sold?
The property at 1616 Southeast 7th Street was built in 1971 and last sold on Jun 23, 2022 for $4,800,000.
How much is this home worth?
The estimated value of the home located at 1616 Southeast 7th Street is $5,044,950.
What are some comparable homes to 1616 Southeast 7th Street?
There are currently no comparable homes to 1616 Southeast 7th Street.

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