$725,000
SOLD MAY 7, 2024
-- Bed
-- Bath
1,560 Sq Ft
4,138 Sq Ft Lot

Recently Sold

$465 Per Sq Ft

9% Below List Price

58 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Central Heating

About This Home

As of May 2024

Welcome to this fantastic opportunity in the heart of Little Havana! This triplex, zoned multi-family, presents endless possibilities for savvy investors. Located just steps from the famous Calle Ocho, this property boasts an unbeatable location. With some sweat equity, you could transform this gem into a thriving Airbnb or build a new multi-family structure. Currently, all units (one unit is a 2 bed/2bath and the other two units are 1 one bed/1bath) are rented month-to-month, providing immediate income. Situated on a corner lot, this property offers both visibility and potential. Don't miss out on the chance to own a piece of Miami's vibrant culture and lucrative real estate market.

Last Agent to Sell the Property

Jill Olcott

Keller Williams Realty Miami Beach Brokerage Phone: 646-232-3297 License #3113236 Listed on: 03/04/2024

Keller Williams Realty Miami Beach

Last Buyer's Agent

Gabriel D'pascuale

Related ISG Realty, LLC. License #3459404

Related ISG Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,884

Year Built

  • Built in 1925

Parking

  • 2 Parking Spaces

Home Design

  • Triplex
  • Flat Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association
  • 3 Units
  • Lawrence Est Land Cos Sub Condos
  • Lawrence Est Land Cos Sub Subdivision

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 01-41-11-001-0260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,884

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Property Sub Type: Triplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: LAWRENCE EST LAND COS SUB
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 646-232-3297
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 1560
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Concrete, Flat Tile
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE EST LAND COS SUB
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-11-001-0260
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6884

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
May 2, 2024
Sold by
Perdomo Flora Ines and Vanegas Nieves Irene
Bought by
Cousins Kimberley Leanna
Seller's Agent
Jill Olcott
Keller Williams Realty Miami Beach
Buyer's Agent
Gabriel D'pascuale
Related ISG Realty, LLC.
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Total Days on Market
58
Views
18
Current Estimated Value
$749,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,262
Avg. Annual Appreciation
3.09%
Original Mortgage
$688,750
Outstanding Balance
$682,092
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$67,170

Purchase Details

Closed on
Dec 27, 2023
Sold by
Rubi Luis
Bought by
Perdomo Flora Ines and Vanegas Nieves Irene

Purchase Details

Listed on
Oct 6, 2013
Closed on
Oct 18, 2013
Sold by
The Bank Of New York Mellon
Bought by
Rubi Luis and Rubi Flora I
Seller's Agent
Mercedes Guinot
Berkshire Hathaway HomeServices Florida Realty
Buyer's Agent
Mercedes Guinot
Berkshire Hathaway HomeServices Florida Realty
List Price
$204,000
Sold Price
$209,000
Premium/Discount to List
$5,000
2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%
Original Mortgage
$109,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2013
Sold by
Pillon Darryl
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Nov 21, 2012
Sold by
Pillon Darryl
Bought by
Bank Of New York Mellon Trs

Purchase Details

Closed on
Dec 31, 2004
Sold by
Lopez Guido
Bought by
Pillon Darryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
10%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 10, 2004
Sold by
Lopez Guido
Bought by
Pillon Darryl and Lopez Guido

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
10%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 19, 2004
Sold by
Louis Maria N
Bought by
Lopez Guido E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 24, 1997
Sold by
Calero Rovaldo
Bought by
Louis Nilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.85%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $725,000 Mg Title
Personal Reps Deed -- None Listed On Document
Special Warranty Deed $209,000 Attorney
Trustee Deed $110,100 None Available
Deed $110,100 --
Quit Claim Deed -- Friendship Title Company
Interfamily Deed Transfer -- Friendship Title Company
Warranty Deed $215,000 Friendship Title Company
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $688,750 New Conventional
Previous Owner $109,000 New Conventional
Previous Owner $317,000 New Conventional
Previous Owner $20,000 Balloon
Previous Owner $40,000 Balloon
Previous Owner $193,500 Unknown
Previous Owner $55,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $725,000 -9.3% $465 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $799,000 0.0% $512 / Sq Ft
10/18/2021 10/18/21 Rented -- -- --
10/17/2021 10/17/21 Under Contract -- -- --
10/13/2021 10/13/21 For Rent $1,000 0.0% --
12/03/2013 12/03/13 Sold $209,000 +2.5% $128 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
10/05/2013 10/05/13 For Sale $204,000 -- $125 / 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
2024 $6,884 $446,535 $332,000 $114,535
2023 $6,884 $273,551 $0 $0
2022 $5,853 $248,683 $0 $0
2021 $5,367 $226,076 $0 $0
2020 $5,091 $252,331 $186,750 $65,581
2019 $4,688 $231,581 $166,000 $65,581
2018 $4,074 $190,081 $124,500 $65,581
2017 $3,901 $154,414 $0 $0
2016 $3,808 $140,377 $0 $0
2015 $3,218 $127,616 $0 $0
2014 $3,036 $117,122 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11524442

MIAMI REALTORS® MLS

APN: 01-4111-001-0260