NOT LISTED FOR SALE

11243 NE 11th Place Biscayne Park, FL 33161

Estimated Value: $812,000 - $1,043,000

4 Beds
2 Baths
2,152 Sq Ft
$428/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $532,000 $247 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,559/month

17 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Ceiling Fan
  • 4-minute walk to Ed Burk Recreational Park

About This Home

As of August 2021

Oversized Duplex in Biscayne Park with a very large lot and lots of fruit trees. The front building has two 2/1's and there is a second building at the back of the property which has a kitchen and bathroom. 11243 and the rear building is vacant and can be shown. 11241 is currently rented month-to-month for $1550 - The rented side can be shown after a contract is in place. Please do NOT disturb the tenant when showing.

Last Agent to Sell the Property

Gregory Shaw

JGE Realty Group LLC License #3267306 Listed on: 06/11/2021

Last Buyer's Agent

Joanna Jimenez

Compass Florida, LLC License #3224030

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,532

Year Built

  • Built in 1953

Lot Details

  • 0.3

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape

Interior Spaces

  • 2,152 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 3 Units
  • Biscayne Lawn Extension Condos
  • Biscayne Lawn Extension Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 17-22-32-022-0470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,532

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Directions: Use GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BISCAYNE LAWN EXTENSION
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2152
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: BISCAYNE LAWN EXTENSION
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Cooling: Ceiling Fan(s), 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: 17-22-32-022-0470
  • Zoning: 5900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8532

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 13, 2021
Sold by
Moncrieffe Gloria
Bought by
Diaz Alejandro and Rivera Vanessa
Seller's Agent
Gregory Shaw
JGE Realty Group LLC
Buyer's Agent
Joanna Jimenez
Compass Florida, LLC
List Price
$519,900
Sold Price
$532,000
Premium/Discount to List
$12,100
2.33%
Current Estimated Value
$933,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,270
Avg. Annual Appreciation
14.71%
Original Mortgage
$399,000
Outstanding Balance
$364,377
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$556,786

Purchase Details

Closed on
Jul 12, 2005
Sold by
Castillo Munoz Cesar and Pacheco Ascanio Nancy
Bought by
Moncrieffe Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.48%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 20, 2004
Sold by
Kirksey Eduardo and Kirksey Consuelo
Bought by
Pacheco Munoz Cesar Castillo and Pacheco Asnio Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2003
Sold by
Deka Kersuzan and Abraham Marie Suezette
Bought by
Kirksey Eduardo and Kirksey Consuelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 3, 2002
Sold by
Davalda Ocean I
Bought by
Deka Kersuzan

Purchase Details

Closed on
Aug 9, 1996
Sold by
John and Lauteri Rita
Bought by
Ocean Davalda and Abraham Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,423
Interest Rate
8.24%
Mortgage Type
FHA
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
Diaz Alejandro $532,000 Attorney
Moncrieffe Gloria $380,000 --
Pacheco Munoz Cesar Castillo $260,000 Extreme Title Company Inc
Kirksey Eduardo $175,000 Garcia & Baloyra Title Co
Deka Kersuzan $143,000 --
Ocean Davalda $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Alejandro $399,000
Previous Owner Moncrieffe Gloria $304,000
Previous Owner Pacheco Munoz Cesar Castillo $188,000
Previous Owner Pacheco Munoz Cesar Castillo $188,000
Previous Owner Kirksey Eduardo $140,000
Previous Owner Ocean Davalda $87,423
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $532,000 +2.3% $247 / Sq Ft
06/11/2021 06/11/21 For Sale $519,900 -- $242 / 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 $17,688 $705,208 -- --
2024 $16,442 $641,099 -- --
2023 $16,442 $582,818 $0 $0
2022 $14,371 $529,835 $359,202 $170,633
2021 $9,500 $314,290 $0 $0
2020 $8,532 $328,325 $239,770 $88,555
2019 $7,726 $296,356 $218,055 $78,301
2018 $7,133 $296,593 $218,055 $78,538
2017 $6,778 $214,666 $0 $0
2016 $6,231 $195,151 $0 $0
2015 $5,759 $177,410 $0 $0
2014 $5,229 $161,282 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11055845

MIAMI REALTORS® MLS

APN: 17-2232-022-0470