Property Details
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This commercial property is located at 704 Southeast 1st Street, Fort Lauderdale, FL 33301. It is in the Edgewater Add 1-123 D subdivision, with a legal lot number of 16 and a lot size of 6751.00 square feet. The building was constructed in 1993 and has a total living area of 1484 square feet. It features central cooling, two bathrooms, and one story. It was last sold on 11/06/2018 for $627,000, and the current market value is assessed at $604,250.00, with improvements valued at $97,920.00 and land value at $506,330.00. The tax billed amount for this property is $12,349.83.
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In most states, the history of a loss of life in a home, no matter how it occurred, even violently, is not considered a "Material Fact" and it's not required to be disclosed. This history depending on the event, can decrease the home's value by 25% and increase its time to sell by up to 50% longer than comparable homes. Properties with such a history are referred to as Stigmatized Properties.Would you want to know stigmatized history of the property before you sign the contract?
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