NOT LISTED FOR SALE

Estimated Value: $1,193,391 - $1,718,000

4 Beds
2 Baths
2,258 Sq Ft
$601/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $1,250,000 $554 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,367/month

132 Days on Market

Highlights

  • No HOA
  • Concrete Block With Brick
  • Tile Flooring
  • Complete Impact Glass
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of October 2024

TURNKEY, INCOME PRODUCING, 6 bed 4 bath. Exquisitely fully remodeled Duplex with 4 fully rented and operating units. The property has been tastefully remodeled to include all brand-new PVC plumbing, electrical, HVAC, flooring, kitchens, bathrooms, attic foam insulation, stainless steel appliances, tankless water heaters, brand new roof, high impact windows and doors throughout, lush landscaping, spacious patios for all tenants, secured gated parking spaces and much more. Property sits on a fully fenced-in corner lot in the middle of it all. 3 blocks from the best of Calle Ocho, close to public transportation and Marlins Park and minutes from the financial hub of Brickell and Downtown Miami. Eligible for the new Fannie Mae 5% down owner-occupant financing! Seller financing available!

Last Agent to Sell the Property

Jorge De Pina

Mia Realty, Corp. License #3244428 Listed on: 02/01/2024

Co-Listed By

Chantell Gonzalez

Mia Realty, Corp. License #3572621

Last Buyer's Agent

Olga Lopez

MMLS Assoc.-Inactive Member License #3597126

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,850

Year Built

  • Built in 1953

Lot Details

  • Property is zoned 5700

Parking

  • 3 Parking Spaces

Home Design

  • Substantially Remodeled
  • Concrete Block With Brick
  • Shingle Roof

Interior Spaces

  • 2,258 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Complete Impact Glass

Flooring

  • Tile
  • Vinyl

Utilities

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

Community Details

  • No Home Owners Association
  • Lawrence Est Land Cos Sub Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 01-41-11-001-1440

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,850

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Property Sub Type: Duplex
  • Architectural Style: Detached, Ranch
  • Co List Office Mls Id: MRCP01
  • Co List Office Phone: 305-878-9356
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: LAWRENCE EST LAND COS SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 2258
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, Impact Glass

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block With Brick
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE EST LAND COS SUB
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes
  • Security: Curr Owner Wind Mitig Cert Avail

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-11-001-1440
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12850

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Oct 17, 2024
Sold by
Gallagher Kristen Shawn
Bought by
Torres Andres Ignacio
Seller's Agent
Jorge De Pina
Mia Realty, Corp.
Buyer's Agent
Olga Lopez
MMLS Assoc.-Inactive Member
List Price
$1,275,000
Sold Price
$1,250,000
Premium/Discount to List
-$25,000
-1.96%
Views
18
Current Estimated Value
$1,357,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,848
Avg. Annual Appreciation
7.27%
Original Mortgage
$187,500
Outstanding Balance
$109,795
Interest Rate
6.2%
Estimated Equity
$1,248,053

Purchase Details

Closed on
Oct 4, 2022
Sold by
Palacios Jairo J
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Sep 7, 2006
Sold by
Delgado Oilda and Mancos Gladys Delgado
Bought by
Palacios Jairo and Palacios Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Delgado Oilda and Delgado Segundo
Bought by
Delgado Oilda and Mancos Demetrios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,300
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving
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
Torres Andres Ignacio $1,250,000 None Listed On Document
Bank Of New York Mellon $625,300 --
Palacios Jairo $490,000 Unititle Inc
Delgado Oilda $8,400 New Horizons Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Andres Ignacio $187,500
Open Torres Andres Ignacio $937,500
Previous Owner Palacios Jairo $392,000
Previous Owner Delgado Oilda $190,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $1,250,000 -2.0% $554 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/03/2024 05/03/24 Price Changed $1,275,000 0.0% $565 / Sq Ft
05/03/2024 05/03/24 For Sale $1,275,000 +2.0% $565 / Sq Ft
04/30/2024 04/30/24 Off Market $1,250,000 -- --
04/30/2024 04/30/24 For Sale $1,410,000 +12.8% $624 / Sq Ft
02/24/2024 02/24/24 Off Market $1,250,000 -- --
02/02/2024 02/02/24 For Sale $1,410,000 +123.8% $624 / Sq Ft
07/25/2023 07/25/23 Sold $630,000 +0.8% $279 / Sq Ft View Prior Sale
06/09/2023 06/09/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $624,900 -- $277 / 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 $14,785 $877,549 $615,000 $262,549
2024 $12,850 $700,067 $502,254 $197,813
2023 $12,850 $588,124 $419,823 $168,301
2022 $5,804 $262,478 $0 $0
2021 $5,262 $243,715 $0 $0
2020 $5,025 $269,993 $0 $0
2019 $4,805 $268,276 $0 $0
2018 $4,422 $255,026 $0 $0
2017 $4,073 $185,976 $0 $0
2016 $3,893 $174,292 $0 $0
2015 $3,640 $164,552 $0 $0
2014 $3,473 $155,584 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11525924

MIAMI REALTORS® MLS

APN: 01-4111-001-1440