NOT LISTED FOR SALE

11368 SW 5th Terrace Miami, FL 33174

Estimated Value: $648,000 - $839,000

5 Beds
2 Baths
1,610 Sq Ft
$460/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $535,000 $332 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,814/month

19 Days on Market

Highlights

  • Up to 20-Foot Boat
  • No HOA
  • Tile Flooring
  • Dr. Carlos J. Finlay Elementary School Rated 9+
  • Complete Panel Shutters or Awnings
  • Central Heating and Cooling System

About This Home

As of October 2021

Cash Cow Potential Minutes FRom FIU In The City Of Sweetwater. This Duplex Is Bright & Spacious & Perfect For Family Or Investor. Front Unit is a 2/1 With Updated Kitchen With New Granite Countertops, Tankless Water Heater & Fixtures. Ample Bedroom & Closet Space With Plenty Of Natural Light. Front Unit Also Has A Recently Updated Central A/C System & New Washer & Dryer. Rear Unit is a 3/1 & Has Been Recently Updated With Granite Countertops In The Kitchen & Updated Fixtures Across The Home. Minutes From Sweetwater City Hall & Near Shopping , Dining, Dolphin & International Mall. Property Has Full Hurricane ShuttersWith Replaced Roof, Recently Replaced Roof. Make An Offer Today!

Last Agent to Sell the Property

Brian Lopez

Epic Choice Realty License #3160243 Listed on: 09/08/2021

Last Buyer's Agent

Brian Lopez

Epic Choice Realty License #3160243 Listed on: 09/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,145

Year Built

  • Built in 1970

Lot Details

  • 6,011

Parking

  • 6 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,610 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Hung Metal Windows
  • Blinds
  • Tile Flooring
  • Complete Panel Shutters or Awnings

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • Up to 20-Foot Boat
  • Property is zoned 5700

Community Details

  • No Home Owners Association
  • Sweetwater Groves .193 Ac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-40-06-001-0494

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,145

Year Built

Built in 1970

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: USE GPS
  • Horses: No
  • Inclusions: 0 to 20 Ft Boat
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: SWEETWATER GROVES .193 AC
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1610
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Complete Panel Shutters/Awnings, Blinds, Double Hung Metal

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SWEETWATER GROVES .193 AC
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 25-40-06-001-0494
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7145

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Dec 20, 2021
Sold by
Lazaro Jimenez Juan
Bought by
Lkp Rentals Llc
Seller's Agent
Brian Lopez
Epic Choice Realty
Buyer's Agent
Brian Lopez
Epic Choice Realty
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Current Estimated Value
$740,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,720
Avg. Annual Appreciation
7.69%

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 27, 2021
Sold by
Dusky Welding Servive Inc
Bought by
Jimenez Juan Lazaro
Seller's Agent
Brian Lopez
Epic Choice Realty
Buyer's Agent
Brian Lopez
Epic Choice Realty
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%

Purchase Details

Listed on
May 30, 2018
Closed on
Oct 15, 2018
Sold by
Hechavarria Mortimer
Bought by
Dusky Welding Services Inc
Seller's Agent
Miriam Quintana
Jennifer Homes Realty
Buyer's Agent
Miriam Quintana
Jennifer Homes Realty
List Price
$425,000
Sold Price
$396,500
Premium/Discount to List
-$28,500
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Jul 13, 2007
Sold by
Morejon Yolanda
Bought by
Hechavarria Mortimer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
6.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 2, 2004
Sold by
Md Investments Of Miami Inc
Bought by
Morejon Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 9, 1999
Sold by
Betancourt Lily
Bought by
Md Investments Of Miami Inc

Purchase Details

Closed on
Dec 10, 1996
Sold by
Morales Jose R and Morales Gladys
Bought by
Betancourt Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.83%
Mortgage Type
New Conventional
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
Lkp Rentals Llc -- Blanco Jorge E
Jimenez Juan Lazaro $401,250 Elite Land Title Inc
Dusky Welding Services Inc $396,500 Attorney
Hechavarria Mortimer $390,000 Attorney
Morejon Yolanda $249,000 --
Md Investments Of Miami Inc $140,000 --
Betancourt Lily $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hechavarria Mortimer $351,000
Previous Owner Morejon Yolanda $49,000
Previous Owner Betancourt Lily $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2021 10/27/21 Sold $535,000 -2.7% $332 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $550,000 +38.7% $342 / Sq Ft
10/15/2018 10/15/18 Sold $396,500 -6.7% $246 / Sq Ft View Prior Sale
09/21/2018 09/21/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $425,000 +7.2% $264 / Sq Ft
06/20/2018 06/20/18 Off Market $396,500 -- --
05/30/2018 05/30/18 For Sale $425,000 -- $264 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $11,518 $561,103 -- --
2024 $10,194 $510,094 -- --
2023 $10,194 $463,722 $0 $0
2022 $8,900 $421,566 $153,912 $267,654
2021 $7,090 $311,198 $153,912 $157,286
2020 $7,145 $313,154 $153,912 $159,242
2019 $7,198 $315,111 $153,912 $161,199
2018 $5,692 $275,392 $153,912 $121,480
2017 $5,173 $210,001 $0 $0
2016 $4,885 $190,910 $0 $0
2015 $4,173 $173,555 $0 $0
2014 -- $157,778 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11095619

MIAMI REALTORS® MLS

APN: 25-4006-001-0494

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