NOT LISTED FOR SALE

1025 NE 79th St Miami, FL 33138

Upper East Side North Neighborhood
-- Bed
-- Bath
2,862 Sq Ft
6,534 Sq Ft Lot

Last Sold July 16, 2019

Last sale price $560,000 $196 Per Sq Ft

35 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • No Heating
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2019

Opportunity Zone. East Little River. 1 block to North Bay Village Bridge.
2 story legal Fourplex. Can be a great AIRBNB rental. High rental demand area.
3 units out of 4 rented to long term tenants. Collect rent from day One.
All units are 1 bedrooms.
Selling at 5.7% cap rate.
Potential gross income: 50,400
Annual Expenses: 17,117

Last Agent to Sell the Property

Mojdeh Khaghan

Whitehall Realty Advisors LLC License #3233253 Listed on: 05/07/2019

Last Buyer's Agent

Eduardo Torrealba

Premier Global Brokers, LLC License #3388518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,114

Year Built

  • Built in 1952

Lot Details

  • 6,534

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,862 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • 4 Units
  • Haynsworth Village Condos
  • Haynsworth Village Subdivision

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 01-32-08-008-0360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,114

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HAYNSWORTH VILLAGE
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 2862
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HAYNSWORTH VILLAGE
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-08-008-0360
  • Zoning: 4600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8114

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2015
Sold by
Trk Ap Llc
Bought by
79Th Street Holdings Llc

Purchase Details

Closed on
Mar 13, 2014
Sold by
Tk Miami Llc
Bought by
Trk Ap Llc

Purchase Details

Closed on
Nov 27, 2013
Sold by
Trk Foreclosure Fund Llc
Bought by
79Th Street Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 16, 2013
Sold by
Rl & Dh Holdings Inc
Bought by
Trk Foreclosure Fund Llc

Purchase Details

Closed on
Feb 17, 2006
Sold by
1025 Realty Corp
Bought by
Rl & Dh Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,000
Interest Rate
14%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
79Th Street Holdings Llc -- Clear Title Services Inc
Trk Ap Llc -- Attorney
Trk Ap Llc -- Attorney
79Th Street Holdings Llc $900,000 Attorney
Trk Foreclosure Fund Llc $480,100 None Available
Rl & Dh Holdings Inc $1,100,000 Clear Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 79Th Street Holdings Llc $4,000,000
Closed 79Th Street Holdings Llc $980,000
Previous Owner 79Th Street Holdings Llc $700,000
Previous Owner Rl & Dh Holdings Inc $900,000
Previous Owner Rl & Dh Holdings Inc $693,000
Previous Owner 1025 Realty Corp $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $560,000 -2.8% $196 / Sq Ft
06/13/2019 06/13/19 For Sale $576,000 0.0% $201 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $576,000 -- $201 / 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 $18,693 $990,857 $752,675 $238,182
2024 $19,034 $904,605 -- --
2023 $19,034 $822,369 $0 $0
2022 $15,412 $747,609 $523,600 $224,009
2021 $14,627 $688,436 $490,875 $197,561
2020 $14,711 $690,728 $490,875 $199,853
2019 $14,556 $681,913 $490,875 $191,038
2018 $14,286 $682,082 $490,875 $191,207
2017 $14,453 $682,249 $0 $0
2016 $14,698 $673,408 $0 $0
2015 $10,209 $459,148 $0 $0
2014 $7,311 $322,383 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mojdeh Khaghan

    Whitehall Realty Advisors LLC

    (305) 772-4444

    3 in this area

    11 Total Sales

    Mojdeh Khaghan
    Section Image

  • E

    Buyer's Agent in 2019

    Eduardo Torrealba

    Premier Global Brokers, LLC

    (305) 877-4231

    7 Total Sales

    Eduardo Torrealba
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10669401

MIAMI REALTORS® MLS

APN: 01-3207-016-2860

Florida Miami/Dade County Miami 33138 Upper East Side North

1025 NE 79th St, Miami, FL

This home is located at 1025 NE 79th St, Miami, FL 33138 since 07 May 2019. This property was built in 1952. 1025 NE 79th St is a home located in Miami-Dade County with nearby schools including Jesse J. McCrary Jr. Elementary School, Horace Mann Middle School, and Miami Edison Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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