NOT LISTED FOR SALE

1002 NE 119th St Biscayne Park, FL 33161

Estimated Value: $568,000 - $867,000

4 Beds
3 Baths
1,800 Sq Ft
$404/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $465,000 $258 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,948/month

194 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Ceiling Fan

About This Home

As of June 2021

BACK ON MARKET! Well-maintained duplex in the heart of beautiful Biscayne Park. The first clean, spacious unit features 2 bedrooms and 1 bathroom. It has tile floors throughout and is currently vacant. The second unit has 2 bedrooms and 1.5 bathrooms. It is also tiled throughout and well kept. Both units have separate meters and laundry rooms. The yard is cared for by tenant and has mature trees including an avocado and papaya tree. Long-time tenant is currently month to month. Please do not disturb.

Last Agent to Sell the Property

Nicole Vernon

E PRO Realty License #3293342 Listed on: 11/12/2020

Last Buyer's Agent

Carol Vergel

Compass Florida, LLC License #3239260

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,515

Year Built

  • Built in 1971

Lot Details

  • 10,106

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Biscayne Lawn Amd Plat Condos
  • Biscayne Lawn Amd Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17-22-32-025-0160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,515

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: 125th Street onto NE 10th Ave. Turn left onto NE 119th Street. Duplex will be on your right.
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BISCAYNE LAWN AMD PLAT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Tile
  • Living Area: 1800
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Barrel Roof
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BISCAYNE LAWN AMD PLAT
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 17-22-32-025-0160
  • Zoning: 5900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7515

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jun 19, 2021
Sold by
Yomtov Sarah and Estate Of Morris Yomtov
Bought by
Next 1 Capital Llc
Seller's Agent
Nicole Vernon
E PRO Realty
Buyer's Agent
Carol Vergel
Compass Florida, LLC
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%
Current Estimated Value
$726,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,411
Avg. Annual Appreciation
10.35%

Purchase Details

Closed on
Feb 19, 2021
Sold by
Yomtov Morris and Yomtov Sarah
Bought by
Next 1 Capital Llc

Purchase Details

Closed on
Sep 5, 2001
Sold by
One Bank I
Bought by
Yomtov Morris

Purchase Details

Closed on
May 8, 2001
Sold by
Belony Lafrance Coc I and Clerk Of Court C
Bought by
Bank One National Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Next 1 Capital Llc $348,750 Attorney
Next 1 Capital Llc $465,000 None Listed On Document
Yomtov Morris $113,200 --
Bank One National Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bank One National Association $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2021 06/29/21 Sold $465,000 -11.4% $258 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/17/2021 05/17/21 Price Changed $525,000 +8.2% $292 / Sq Ft
05/17/2021 05/17/21 For Sale $485,000 0.0% $269 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $485,000 -- $269 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,843 $526,694 -- --
2024 $12,897 $478,813 -- --
2023 $12,897 $435,285 $0 $0
2022 $11,727 $422,492 $283,882 $138,610
2021 $9,259 $315,348 $208,692 $106,656
2020 $8,349 $297,047 $189,511 $107,536
2019 $7,515 $261,711 $171,864 $89,847
2018 $7,055 $262,443 $171,864 $90,579
2017 $6,682 $222,233 $0 $0
2016 $6,177 $202,030 $0 $0
2015 $5,742 $183,664 $0 $0
2014 $5,346 $166,968 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10948930

MIAMI REALTORS® MLS

APN: 17-2232-025-0160