NOT LISTED FOR SALE

Estimated Value: $690,000 - $834,000

4 Beds
2 Baths
2,627 Sq Ft
$283/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $530,000 $202 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,853/month

97 Days on Market

Highlights

  • In Ground Pool
  • Porch
  • Patio
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Shed

About This Home

As of December 2022

ATTENTION INVESTORS!!! Great opportunity to own this DUPLEX with lot of potential,With a POOL.This duplex is being sold AS-IS. Great for an investment property Little TLC.Owner/seller has lived in one of the units. The other unit has been rented(month -month)Way below rents . Unbelievable opportunity! This one will not last. Separate ELECTRIC METERS.
2 units can covert to a triplex or quadplex
2/1
4/2 With pool

Last Agent to Sell the Property

Andrew Valdes

La Rosa Realty Beaches LLC License #3421560 Listed on: 07/02/2022

La Rosa Realty Beaches LLC

Last Buyer's Agent

Mahdi Mortazavi

Premium Estates Realty Corp License #3456363

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,165

Year Built

  • Built in 1950

Lot Details

  • Fenced

Parking

  • 7 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,627 Sq Ft Home
  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Outdoor Features

  • In Ground Pool
  • Patio
  • Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Rent includes pool maintenance, sewer, trash collection, water
  • Assessor Parcel Number 06-22-19-015-1220

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Biscayne Highlands Condos
  • Biscayne Highlands,Biscayne Highlands Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,165

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Structure Type: Duplex
  • Subdivision Name: BISCAYNE HIGHLANDS,Biscayne Highlands
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Flooring: Ceramic Floor, Tile, Vinyl
  • Living Area: 2627
  • Possible Use: Unknown/Withheld

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BISCAYNE HIGHLANDS
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 06-22-19-015-1220
  • Zoning: 0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Pool Maintenance, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5165

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
Jul 2, 2022
Closed on
Dec 22, 2022
Sold by
Fung Ana
Bought by
Mortazavi Mahdi
Seller's Agent
Andrew Valdes
La Rosa Realty Beaches LLC
Buyer's Agent
Mahdi Mortazavi
Premium Estates Realty Corp
List Price
$600,000
Sold Price
$530,000
Premium/Discount to List
-$70,000
-11.67%
Views
6
Current Estimated Value
$743,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,573
Avg. Annual Appreciation
13.35%
Original Mortgage
$520,400
Outstanding Balance
$505,423
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$237,924

Purchase Details

Closed on
Aug 3, 2001
Sold by
Brian Fung I
Bought by
Fung Ana
Source: Public Records

Range of Values:

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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
Mortazavi Mahdi $530,000 Unlimited Title Group
Fung Ana $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mortazavi Mahdi $520,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $530,000 -11.7% $202 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $600,000 -- $228 / 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 $9,716 $508,306 -- --
2024 $9,142 $476,985 -- --
2023 $9,142 $453,118 $220,455 $232,663
2022 $3,357 $186,918 $0 $0
2021 $5,165 $173,755 $0 $0
2020 $3,333 $186,038 $0 $0
2019 $3,248 $174,541 $0 $0
2018 $3,790 $171,058 $0 $0
2017 $4,253 $133,335 $0 $0
2016 $1,994 $125,136 $0 $0
2015 $1,866 $118,345 $0 $0
2014 $2,863 $117,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11231973

MIAMI REALTORS® MLS

APN: 06-2219-015-1220