NOT LISTED FOR SALE

10850 NE 12th Ave Miami, FL 33161

Biscayne Park Area

Estimated Value: $632,000 - $890,745

4 Beds
4 Baths
2,098 Sq Ft
$352/Sq Ft Est. Value

Sale Details

Date Sold: February 1, 2021

Last sale price $410,000 $195 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,845 / mo

52 Days on Market

Highlights

  • Golf Course Community
  • Complete Accordion Shutters
  • Terrazzo Flooring
  • No HOA
  • Shed
  • Ceiling Fan

About This Home

As of February 2021

This is an INVESTOR DUPLEX SPECIAL. Located just north of Miami Shores' golf course. Each unit contains 2 bedrooms / 2 baths. Close to Biscayne Blvd with easy access to I-95, downtown Miami and the beaches. Sits on 11,000 square foot lot. Both units are occupied currently. Great opportunity to live in one side and rent the other. Never any problems with Tenants or repairs. New roof 2018. New accordion Hurricane shutters and impact doors.

Last Buyer's Agent

Vicente Rodriguez

Fausto Commercial Realty Consultants Inc License #3289280

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,675

Year Built

  • Built in 1950

Lot Details

  • 11,000 Sq Ft Lot
  • Fenced

Parking

  • Open Parking

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4 Bathrooms
  • 2,098 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Complete Accordion Shutters

Flooring

  • Terrazzo
  • Ceramic Tile

Outdoor Features

  • Shed
  • Storage Shed

Utilities

  • Cooling Available
  • Heating Available
  • Three-Phase Power

Listing and Financial Details

  • Total Actual Rent $28,000
  • Tenant pays for water
  • Assessor Parcel Number 30-22-32-002-0180

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Bisc Shores Heights Subdivision

Recreation

  • Golf Course Community

Building Details

  • Gross Income $28,000
  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,675

Year Built

Built in 1950

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Duplex
  • Directions: Just West of New Shopping plaza with Aldo and Chase Bank.
  • Horses: No
  • Unit Levels: 1
  • Lot Size Acres: 0.25
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BISC SHORES HEIGHTS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Pending
  • CurrentPrice: 410000
  • UnitTypeDescription: Kitchen,Laundry Room
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Terrazzo, Tile
  • Living Area: 2098
  • Stories: 1
  • Window Features: Complete Accordian Shutters
  • MIAMIRE_FurnishedYN: No

Exterior Features

  • Roof: Other Roof/Roof Structure, Other
  • Construction Type: Concrete Block Construction, CBS Construction
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Fenced
  • Other Structures: Extra Building/Shed, Shed(s), Storage Shed
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central Building A/C
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Golf Course, Golf Course Com
  • Association: No
  • Community Features: Golf Course Community

Lot Info

  • Parcel Number: 30-22-32-002-0180
  • Lot Size Sq Ft: 11000
  • Zoning: 3700

Rental Info

  • Tenant Pays: Water

Multi Family

  • Net Operating Income: 12000
  • Annual Gross Income: 28000
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Total Actual Rent: 28000

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6675

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Jan 8, 2021
Sold by
Pierre Woody
Bought by
Buyer's Agent
Vicente Rodriguez
Fausto Commercial Realty Consultants Inc
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%
Current Estimated Value
$706,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,200
Avg. Annual Appreciation
11.11%
Original Mortgage
$307,500
Outstanding Balance
$268,511
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$470,425

Purchase Details

Listed on
May 30, 2017
Closed on
Aug 30, 2017
Sold by
Fernandez Maria E
Bought by
Pierre Woody
List Price
$379,000
Sold Price
$359,200
Premium/Discount to List
-$19,800
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$272,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2012
Sold by
Ochoa Victor and Umana Gladys Victoria
Bought by
Fernandez Maria E

Purchase Details

Closed on
Dec 13, 2005
Sold by
Adams Lucrecia
Bought by
Ochoa Victor and Fernandez Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 11, 1997
Sold by
Penton Church Of God
Bought by
Adams Lucrecia
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$410,000 C & C Title
Pierre Woody $370,000 Title Guaranty Of South Flor
Fernandez Maria E $112,500 None Available
Ochoa Victor $300,000 --
Adams Lucrecia $50,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $307,500
Previous Owner Pierre Woody $272,000
Previous Owner Ochoa Victor $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2021 02/01/21 Sold $410,000 -8.9% $195 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
11/11/2020 11/11/20 For Sale $450,000 +25.3% $214 / Sq Ft
08/31/2017 08/31/17 Sold $359,200 -5.2% $171 / Sq Ft View Prior Sale
07/14/2017 07/14/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $379,000 0.0% $181 / Sq Ft
12/21/2012 12/21/12 Rented $1,100 -8.3% --
11/21/2012 11/21/12 Under Contract -- -- --
10/25/2012 10/25/12 For Rent $1,200 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,389 $550,444
2024 $9,731 $500,404
2023 $9,731 $454,913 $0 $0
2022 $8,130 $413,558 $275,000 $138,558
2021 $6,777 $326,332 $220,000 $106,332
2020 $6,821 $327,874 $220,000 $107,874
2019 $6,676 $328,074 $220,000 $108,074
2018 $5,896 $284,090 $176,000 $108,090
2017 $3,027 $172,989 $0 $0
2016 $2,942 $162,522 $0 $0
2015 $2,727 $153,896 $0 $0
2014 $2,424 $145,939 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10670255

MIAMI REALTORS® MLS

APN: 30-2232-002-0180

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