2041 SW 50th Ave Fort Lauderdale, FL 33317

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3 beds · 1 bath · 1,258 sq ft · Lot Size: 6,825 sq ft · Single Family Home
Est. Property Value: $460,545

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2041 SW 50th Ave is in the 33317 neighborhood of Fort Lauderdale, FL. It is located in Broward County and ZIP code 33317. This Single Family Home was built in 1956 and is approximately 69 years old. The single family home spans 1258 sq ft with 3 bedrooms and 1 bathroom and sits on a 6825 sq ft lot. According to public records, it was last sold in 2020 for $60,000 and has a tax-assessed value of $319,630, which is $366 per sq ft. The 33317 area of Fort Lauderdale has 2 residential homes with an average size of 1407 sq ft. Analyze and compare real estate investment strategies for properties like this home at 2041 SW 50th Ave Fort Lauderdale, FL 33317 with Property Intel by Whitepages.

2041 SW 50th Ave

Fort Lauderdale, FL 33317

Owner Info

Owners & Occupancy for 2041 SW 50th Ave

This property is owned by Pete R Berkes. Owner contact information includes 10 phone numbers and 5 email addresses.

Property Owners

Cell Phone(352) ***-****View Cell Phone
Residence*******************
Landline(954) 792-1769
Distance from Property**********
Email Address*****@prodigy.netView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************* age 28
Resident 2************* age 62
Resident 3**************** age 25

Property Financials for 2041 SW 50th Ave

2041 SW 50th Ave, Fort Lauderdale, FL has a mortgage from Secretary/hsng & Urban Dev (orig. March 18, 2024). The Broward county assessment for 2023 values it at $319,630, with annual taxes of $3,460.

Mortgage & Equity Information

Loan Amount$****
LenderSecretary/hsng & Urban Dev
Origination DateMarch 18, 2024
Interest Rate****%
Term25 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Purchase DateJanuary 15, 2020
Property Tax Amount$3,460 in 2023
Purchase Price$60,000
Assessed Value$319,630 on 2023

Investment Potential for 2041 SW 50th Ave

The property has a current estimated value of $460,545, which is 19% below the zip median, based on public records. It last sold on January 15, 2020 for $60K. Projected long-term
is $27,600 annually ($2,300 per month) with a 93% occupancy rate.

Discover more Single Family Homes in 33317.

Long-Term

Gross Rental
$27,600 per year($2,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 33317 zip code
 
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Property Details for 2041 SW 50th Ave

Property Details

Property Sq Ft

Living Area

1,258 sq ft

27% below market

Lot Size

6,825 sq ft

33% below market

Price Per Sq Ft

Living Area

$366 / sq ft

9% above market

Lot Size Area

$67 / sq ft

18% above market

Property condition, age, exterior, etc. for 2041 SW 50…
Longitude: -80.216346 Latitude: 26.098527 Parcel Number (APN): 50-41-13-13-1940…

Recommended Properties in 33317

Discover more single family homes near 2041 SW 50th Ave in Fort Lauderdale, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 2041 SW 50th Ave in Broward County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$460,545
$349,875
$110,670 (32%)
$447,083
$86,606 (19%)
YoY Price Change
1.8%
67%
Year Built
1956
1990
-34 years
Living Space
1,258 sq ft
1,630 sq ft
-372 (-23%)
$ Per Living Sq Ft
$366
$213
$153 (72%)
Lot Size
6,825 sq ft
9,599 sq ft
-2774 (-29%)
$ Per Lot Sq Ft
$67
$38
$30 (80%)

Net Operating Income
$19,792
-$2,685 (-14%)
Annual Revenue
$27,600
$29,400
-$1,800 (-6%)
$9,768
$725 (7%)
Net Operating Income
$19,792
-$2,685 (-14%)
Cap Rate
5.75%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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