726 Northeast 2nd Avenue

Local assessors in Fort Lauderdale, FL have categorized 726 Northeast 2nd Avenue as a commercial type of property. The home was built in 1955 and is 69 years old. It was most recently renovated and altered in 1956. The property's lot size has been calculated to be 6,679 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 726 Northeast 2nd Avenue has a total of 2,840 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 726 Northeast 2nd Avenue is a 3 code building. This 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". Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a bowstring truss style roof that was made of tar and gravel. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of materials we are unsure of. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. 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, 726 Northeast 2nd Avenue was last sold in Jan 28, 2022 for $10,000,000. According to our calculations, that's $3,521.13 per sqft. Prior to that sales transaction, the property was sold for $2,208,400 in Jan 10, 2019. Current property owners are expected to pay $15,087 in taxes per year. The property on 726 Northeast 2nd Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $670,350. To break that down further, the land itself was valued at $80,150. While improvements to the property were assessed at a total of $590,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.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.