4217 El Mar Drive

4217 El Mar Drive 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 1984. This has been categorized as a commercial property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 4217 El Mar Drive has 3,188 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 5,758 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. There is a unknown. The home has a gable or hip style roof made of tile. 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. The property was last sold in Aug 22, 2023 for $5,600,000. That's $1,756.59 per sqft. Prior to that sales transaction, the property was also sold in Sep 18, 2015 for $4,700,000. 4217 El Mar Drive was last assessed in 2024. The total value of the property was assessed at $1,185,850. Specifically, the land the property is located on was valued at $173,140. While improvements on the property were assessed at a total of $1,012,710. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $20,452. The initial tax year of delinquency was in 2023. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.