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261 Florida Avenue

261 Florida Avenue, Fort Lauderdale, FL 33312
Property in Melrose Park
Sold Jun 15, 2022
$395,000
$395,000 by Primary Residential Mortgage I
Mortgage Due Jul 01, 2052
Sold Mar 29, 2018
$230,000
$225,834 by Stearns Lending Llc
Mortgage Due Apr 01, 2048
261 Florida Avenue has been categorized by the local assessors in Fort Lauderdale, FL as a residential type of property. The building on the property was first built in 1951 and is 73 years old. However, we must point out that the home was most recently renovated and altered in 1952. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 261 Florida Avenue has 1,481 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,756 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a flat style roof made of composition shingle. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 261 Florida Avenue sold most recently in Jun 7, 2022 for a total of $395,000. If you work out the math, that's approximately a cost of $207.79 per sqft. Before that, the property was also sold for $230,000 in Mar 19, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,532 in taxes each year. 261 Florida Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $314,090. If we break it down further, the land itself was valued at $26,270. Improvements to the property, however, were assessed at a total of $287,820. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Block Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Garage
  • Garage Type: Carport
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,756
  • Lot Size Frontage Feet: 763
  • Total Building Area: 1,901
  • Gross Building Area: 1,901
  • Building Area: 1,481
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,481
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MELROSE PARK SEC 1 27-6 B
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MELROSE PARK SEC 1 27-6 B LOT 19 BLK 2

Ownership

  • Current Owner : GENELUS JENNIFER CINDY BHIKAR
  • Previous Owner : LEE MILTON CHARLES
  • Previous Owner 2: LEE GEORGETTE MARSHALL
  • Owner Before Previous Owner: BAS FLORIDAVE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Woman as her sole & separate property

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 042900

Zoning

  • Zoning: RS-6.7

Geography

  • District: 0312
  • Parcel: 50-42-07-01-0330
  • Block: 2
  • Lot: 19
  • Meridian: SEC 07 TWN 50S RNG 42E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.1188
  • Longitude: -80.1891

    Address

  • Full Address: 261 Florida Ave
  • Address - House Number: 261
  • Address - Street Name: Florida
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C005
  • 4-Digit Zip Code: 1135
  • Zip Code: 33312

Valuation

    Tax

  • Total Area: 1,562
  • Tax Year: 2023
  • Tax Amount: $6,532
  • Tax Rate Code Area: 0312

    Appraisal Valuation

  • Standard Deviation: 0.181
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 431,917
  • High Value: 510,110
  • Low Value: 353,724

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $395,000
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Jun 15, 2022
  • First Open Lien Mortgage Loan Amount: $395,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $314,090
  • Market Land Value: $26,270
  • Market Improvement Value: $287,820

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $314,090
  • Assessed Land Value: $26,270
  • Assessed Improvements Value: $287,820

    Sales

  • Current Sale Contract Date: Jun 07, 2022
  • Current Sale Recording Date: Jun 15, 2022
  • Current Sale Transaction ID: 11890078563
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 118215125
  • Previous Sale Recording Date: Mar 29, 2018
  • Previous Sale Contract Date: Mar 19, 2018
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Jun 15, 2022
  • First Mortgage Loan Amount: $395,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING LLC
  • Previous Mortgage Transaction Date: Mar 29, 2018
  • Previous Mortgage Loan Amount: $225,834
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About South Fort Lauderdale



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Frequently Asked Questions

What neighborhood is 261 Florida Avenue located in?
The 261 Florida Avenue is a single family residence located in the neighborhood of Melrose Park in South Fort Lauderdale, Fort Lauderdale.
What is the average sales price for listings in 261 Florida Avenue?
The average sales price for units in 261 Florida Avenue is $0 currently.

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