NOT LISTED FOR SALE

11126 SW 6th St Miami, FL 33174

Sweetwater Groves Neighborhood

Estimated Value: $509,000 - $1,123,000

5 Beds
3 Baths
2,245 Sq Ft
$350/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $440,000 $196 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,166/month

4 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of October 2018

GREAT INVESTMENT OPPORTUNITY in PRIME LOCATION just 2 blocks away from FIU one of the largest universities in Miami. This duplex is located in an up and coming area as more more land is being bought over by developers looking to build high rise buildings for the ever growing university population of FIU. Both units are spacious; Duplex has 2 separate electric meters and 2 separate washer/dryer hookup. These units will rent easily. This rental income producing property has a potential cap rate of an 8-10%. Don't miss out on seeing this cash flow investment opportunity before it sells.

Last Agent to Sell the Property

Jose Perez

JMP International Realty LLC License #3183072 Listed on: 09/24/2018

Last Buyer's Agent

Gabriel Mijares

Charles Rutenberg Realty FTL License #3282239

Charles Rutenberg Realty FTL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,861

Year Built

  • Built in 1963

Lot Details

  • 6,273

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,245 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Sweetwater Groves .14 Ac Condos
  • Sweetwater Groves .14 Ac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-40-06-001-0110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,861

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: GPS App
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: SWEETWATER GROVES .14 AC
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2245
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SWEETWATER GROVES .14 AC
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 25-40-06-001-0110
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3861

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Oct 31, 2018
Sold by
Hernandez Concepcion
Bought by
Carballo Michael S and Carballo Margarita Sanchez
Seller's Agent
Jose Perez
JMP International Realty LLC
Buyer's Agent
Gabriel Mijares
Charles Rutenberg Realty FTL
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Current Estimated Value
$785,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,517
Avg. Annual Appreciation
9.50%
Original Mortgage
$322,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2018
Closed on
Oct 30, 2018
Sold by
Peraza Maria M and Peraza Joe Anthony
Bought by
Carballo Margarita Sanchez and Carballo Michael S
Seller's Agent
Jose Perez
JMP International Realty LLC
Buyer's Agent
Gabriel Mijares
Charles Rutenberg Realty FTL
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2018
Sold by
Hernandez Concepcion
Bought by
Hernandez Concepcion

Purchase Details

Closed on
Nov 15, 2011
Sold by
Peraza Maria M and Hernandez Concepcion
Bought by
Peraza Maria M and Peraza Joe Anthony

Purchase Details

Closed on
Sep 27, 2003
Sold by
Hernandez Juan and Hernandez Concepcion
Bought by
Hernandez Juan and Hernandez Concepcion
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
Carballo Michael S $165,000 Attorney
Carballo Margarita Sanchez $275,000 Attorney
Hernandez Concepcion -- Attorney
Peraza Maria M -- Attorney
Hernandez Juan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carballo Michael S $312,000
Closed Carballo Margarita Sanchez $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $440,000 -2.2% $196 / Sq Ft
09/24/2018 09/24/18 For Sale $450,000 -- $200 / 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 $10,731 $493,522 -- --
2024 $9,454 $448,657 -- --
2023 $9,454 $407,870 $0 $0
2022 $8,232 $370,791 $0 $0
2021 $7,599 $337,083 $161,070 $176,013
2020 $7,631 $337,795 $161,070 $176,725
2019 $7,570 $333,922 $161,070 $172,852
2018 $3,994 $199,892 $0 $0
2017 $3,861 $195,781 $0 $0
2016 $3,834 $191,755 $0 $0
2015 $4,787 $190,423 $0 $0
2014 $4,787 $188,912 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jose Perez

    Seller's Agent in 2018

    Jose Perez

    JMP International Realty LLC

    (404) 272-4646

    21 Total Sales

    Jose Perez
    Section Image

  • G

    Buyer's Agent in 2018

    Gabriel Mijares

    Charles Rutenberg Realty FTL

    (786) 447-5947

    14 Total Sales

    Gabriel Mijares
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10543402

MIAMI REALTORS® MLS

APN: 25-4006-001-0110

Florida Miami/Dade County Miami 33174 Sweetwater Groves

11126 SW 6th St, Miami, FL

This home is located at 11126 SW 6th St, Miami, FL 33174 since 24 September 2018 and is currently estimated at $785,517, approximately $349 per square foot. This property was built in 1963. 11126 SW 6th St is a home located in Miami-Dade County with nearby schools including Sweetwater Elementary School, Ruben Dario Middle School, and G. Holmes Braddock 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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