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2431 Bimini Lane

2431 Bimini Lane, Fort Lauderdale, FL 33312
Property in Lauderdale Isles
Sold Jul 15, 2021
$621,000
$472,000 by North American Savings Bank Fs
Mortgage Due Aug 01, 2051
Sold Dec 04, 2001
$230,000
$207,000 by Americas Wholesale Lndr
Mortgage Due Dec 01, 2031
2431 Bimini Lane in Fort Lauderdale, FL was first built in 1954 and is 70 years old. Although, the building on the property was most recently renovated and altered in 1955. This has been categorized as a residential property type. It is a single story home. 2431 Bimini Lane has 1,360 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,596 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of materials that we aren't sure of. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2431 Bimini Lane was last sold in Jul 13, 2021 for $621,000. According to our calculations, that's $416.22 per sqft. Prior to that sales transaction, the property was sold for $230,000 in Nov 5, 2001. Current property owners are expected to pay $14,504 in taxes per year. The property on 2431 Bimini Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $683,010. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1955
  • Building Count: 2
  • Bedroom Count: 0
  • 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: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Garage
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,596
  • Lot Size Frontage Feet: 624
  • Total Building Area: 1,492
  • Gross Building Area: 1,855
  • Building Area: 1,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAUDERDALE ISLES NO 2 34-3 B
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAUDERDALE ISLES NO 2 34-3 B LOT 43 BLK 2

Ownership

  • Current Owner : DOLAN RANDOLPH J
  • Current Owner 2: DOLAN KIRSTEN E
  • Previous Owner : SMITH DOUGLAS E
  • Previous Owner 2: SMITH VIRGINIA K
  • Owner Before Previous Owner: 5TH AVENUE REAL ESTATE DEVELOPMENT
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 043001

Zoning

  • Zoning: RS-6.85A

Geography

  • District: 0312
  • Parcel: 50-42-19-03-0420
  • Block: 2
  • Lot: 43
  • Meridian: SEC 19 TWN 50S RNG 42E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.0908
  • Longitude: -80.1888

    Address

  • Full Address: 2431 Bimini Ln
  • Address - House Number: 2431
  • Address - Street Name: Bimini
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C024
  • 4-Digit Zip Code: 4747
  • Zip Code: 33312

Valuation

    Tax

  • Total Area: 1,285
  • Tax Year: 2023
  • Tax Amount: $14,504
  • Tax Rate Code Area: 0312

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 1,059,379
  • High Value: 1,258,479
  • Low Value: 860,278

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $472,000
  • First Open Lien Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Open Lien Mortgage Recording Date: Jul 15, 2021
  • First Open Lien Mortgage Loan Amount: $472,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $950,860
  • Market Land Value: $164,900
  • Market Improvement Value: $785,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $683,010

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Transaction ID: 11843207838
  • Current Sale Price: $621,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 117425794
  • Previous Sale Recording Date: Dec 04, 2001
  • Previous Sale Contract Date: Nov 05, 2001
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTH AMERICAN SAVINGS BANK FS
  • First Mortgage Transaction Date: Jul 15, 2021
  • First Mortgage Loan Amount: $472,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LNDR
  • Previous Mortgage Transaction Date: Dec 04, 2001
  • Previous Mortgage Loan Amount: $207,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2031

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Frequently Asked Questions

What neighborhood is 2431 Bimini Lane located in?
The 2431 Bimini Lane is a located in the neighborhood of Lauderdale Isles in South Fort Lauderdale, Fort Lauderdale.
What is the average sales price for listings in 2431 Bimini Lane?
The average sales price for units in 2431 Bimini Lane is $0 currently.

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