$2,500,000
SOLD JUN 24, 2022

Miami, FL 33135

Little Havana Neighborhood
-- Bed
-- Bath
8,441 Sq Ft
1962 Built

Recently Sold

$296 Per Sq Ft

91% Below List Price

37 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window
  • Brick Front

About This Home

As of June 2022

This 12 Unit 2bd/1Bth 3 story building is in the Heart of Little Havana. Full occupancy ! Leases have all been increased to $1000 a month starting June 1st. Highly desireable area. This building never has vacancies! Proof of Funds required for showings. Contact me for Financiall info. Reasoning for low rent: Owners from out of the Country kept rent the same for over 10 years. With new ownership new rents may be applied tenants are on month to month.

Last Agent to Sell the Property

Faride Perez

Compass Florida, LLC License #0640601 Listed on: 05/02/2022

Compass Florida, LLC

Last Buyer's Agent

David Olivares

WERC Realty, LLC License #3289945

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,657

Year Built

  • Built in 1962

Parking

  • 12 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Roof
  • Brick Front

Interior Spaces

  • 8,441 Sq Ft Home
  • 3-Story Property
  • Ceramic Tile Flooring

Utilities

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

Listing and Financial Details

  • Total Actual Rent $144,000
  • Rent includes electricity, gas, water
  • Assessor Parcel Number 01-41-03-014-0500

Community Details

Overview

  • No Home Owners Association
  • Idlewild Park Condos
  • Idlewild Park Subdivision

Building Details

  • Operating Expense $59,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,657

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: IDLEWILD PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 8441
  • Possible Use: Investment
  • Stories: 3

Exterior Features

  • Roof: Concrete
  • Construction Type: Brick
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: IDLEWILD PARK
  • Total Parking Spaces: 12

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-03-014-0500
  • Zoning: 4600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Gas, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 31657

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 12
  • Annual Operating Expense: 59000
  • Total Actual Rent: 144000

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 For Sale $4,100,000 +64.0% $426 / Sq Ft
06/24/2022 06/24/22 Sold $2,500,000 -13.8% $296 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/02/2022 05/02/22 Price Changed $2,900,000 -90.0% $344 / Sq Ft
05/02/2022 05/02/22 For Sale $29,000,000 -- $3,436 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Olivares

    Seller's Agent in 2025

    David Olivares

    WERC Realty, LLC

    (305) 794-2494

    29 Total Sales

    David Olivares
    Section Image
  • Faride Perez

    Seller's Agent in 2022

    Faride Perez

    Compass Florida, LLC

    (305) 216-9199

    11 Total Sales

    Faride Perez
    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A11197989

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami 33135

Little Havana

This home and is currently priced at $2,500,000, approximately $296 per square foot. This property was built in 1962. This home is a home located in Miami-Dade County with nearby schools including Shenandoah Elementary School, Shenandoah Middle School, and Miami 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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