NOT LISTED FOR SALE

Estimated Value: $2,044,412

Studio
-- Bath
143 Sq Ft
$14,297/Sq Ft Est. Value

Highlights

  • No HOA
  • John G. DuPuis Elementary School Rated 9+
  • 1-Story Property

About This Home

As of June 2012

Restaurant in Excelente place,(68 street & 12 ave west Hialeah) busy area. Under remodeling, (documentation available). refrigeration room, and kitchen hoodPrice negotiable with the completion of the remodeling. With refrigeration room, and kitchen hood. Excellent for restaurant chain or owner preferences.Do not miss this opportunity to establish an excellent business in Hialeah

Last Agent to Rent the Property

Maria Antonia Avich

Jordan Realty License #3020127 Listed on: 04/28/2012

Last Renter's Agent

Lazaro Jordan

Jordan Realty License #0694698

Property Details

Property Type

  • Other

Year Built

  • Built in 1957

Lot Details

  • 143 Sq Ft Lot
  • Property is zoned 64/COMM

Interior Spaces

  • 1-Story Property

Parking

  • 15 Parking Spaces
  • Assigned Parking

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 04-20-36-010-3140

Property Details

Property Type

Other

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1957
  • Property Sub Type: Lease
  • Business Type: Restaurant/Bar
  • Directions: PALMETTO EXPRESWAY EXIT NW 122 STREET (68 WEST HIALEAH) GO EAST UNTIL 1140 A, SIDE ESTRELLA INSURANCE OFFICE.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Lease
  • LastStatus: Active
  • CurrentPrice: 5000
  • InternetRemarks: Excellent property for lease in best place of Hialeah (68 street and 12 ave) Under remodeling. Bring your offer and we can do negotiation.
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Other
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 15

Utilities

  • Electric: 110 Volts Power
  • Electricity On Property: Yes
  • Security: Other Fire Protection

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 04-20-36-010-3140
  • Current Use: Commercial Lease
  • Lot Size Sq Ft: 143
  • Zoning: 64/COMM

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 8965

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2004
Sold by
Pan Flamingo Inc
Bought by
Star Property Xvi Llc
Current Estimated Value
$2,044,412

Purchase Details

Closed on
Mar 5, 2001
Sold by
Karborani Corp C
Bought by
Panflamingo Inc

Purchase Details

Closed on
Mar 29, 1999
Sold by
K M Property Investments Inc
Bought by
Karborani Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 1996
Sold by
Dakco Properties Inc
Bought by
Km Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 1995
Sold by
Southland Corp
Bought by
Dakco Prop Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8.86%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Star Property Xvi Llc $850,000 --
Panflamingo Inc $550,000 --
Karborani Corp $450,000 --
Km Properties Inc $250,000 --
Dakco Prop Inc $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Km Properties Inc $200,000
Previous Owner Km Properties Inc $336,000
Previous Owner Km Properties Inc $180,000
Previous Owner Dakco Prop Inc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2012 06/15/12 Rented $5,000 0.0% --
06/14/2012 06/14/12 Under Contract -- -- --
04/28/2012 04/28/12 For Rent $5,000 -- --
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 $13,242 $704,914 -- --
2024 $12,625 $640,831 -- --
2023 $12,625 $582,574 $0 $0
2022 $9,935 $529,613 $258,732 $270,881
2021 $9,738 $505,229 $258,732 $246,497
2020 $9,836 $508,942 $258,732 $250,210
2019 $9,463 $488,454 $244,358 $244,096
2018 $8,771 $463,267 $215,610 $247,657
2017 $8,950 $466,827 $0 $0
2016 $8,996 $460,098 $0 $0
2015 $8,808 $442,224 $0 $0
2014 $8,512 $406,665 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1634506

MIAMI REALTORS® MLS

APN: 04-2036-010-3140