NOT LISTED FOR SALE

11511 SW 81st Rd Miami, FL 33156

Estimated Value: $1,336,000 - $1,892,000

6 Beds
4 Baths
2,882 Sq Ft
$525/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $1,020,000 $354 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $9,805/month

51 Days on Market

Highlights

  • No HOA
  • Patio
  • Central Heating and Cooling System
  • Palmetto Elementary School Rated A
  • Ceramic Tile Flooring
  • Satellite Dish

About This Home

As of July 2022

VERY spacious 3/2 + 3/2 duplex in Pinecrest both units have all ceramic tiled flooring, open kitchen with counter, living/dining, and family room. Unit 11515 has a large expanded family room addition. Each side has its own fenced patio/yard. Plenty of parking can even accommodate an RV on the side. Tenants are renting below market they are on a month-to-month basis. Kitchens have white wood cabinets with mica countertops. Central ac, ceiling fans, washer, and dryer in both units. Unit at 11515 has an updated kitchen and bathrooms. Unit 11511 has a very nice kitchen one bathroom is original art deco. The duplex exterior has just been painted! Duplex rents very quickly in this high-demand area. Amazing Pinecrest and Palmetto Bay school district.
Walk to the retail center.

Last Agent to Sell the Property

Frank Pulles

Coldwell Banker Realty License #0600226 Listed on: 06/06/2022

Coldwell Banker Realty

Co-Listed By

Julia Pulles

Coldwell Banker Realty License #0630783

Last Buyer's Agent

Frank Pulles

Coldwell Banker Realty License #0600226 Listed on: 06/06/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,234

Year Built

  • Built in 1957

Lot Details

  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,882 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Drapes & Rods
  • Blinds
  • Ceramic Tile Flooring

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association
  • 2 Units
  • Suniland Terrace Condos
  • Suniland Terrace Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 20-50-10-013-0070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,234

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Co List Office Mls Id: CBRE52
  • Co List Office Phone: 305-667-4815
  • Directions: Take US 1 to SW 117 Street to 81st road left to the duplex on the right side of the street
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: SUNILAND TERRACE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2882
  • Other Equipment: Satellite Dish
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds, Drapes, Single Hung Metal

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SUNILAND TERRACE
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • 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: 20-50-10-013-0070
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10234

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jul 29, 2022
Sold by
Mary Foy Sierra Declaration Of Trust
Bought by
Bonvecchio Alain Anibal and Bonvecchio Giselle Iglesias
Seller's Agent
Frank Pulles
Coldwell Banker Realty
Buyer's Agent
Frank Pulles
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$1,020,000
Premium/Discount to List
-$80,000
-7.27%
Current Estimated Value
$1,511,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,800
Avg. Annual Appreciation
13.92%
Original Mortgage
$714,000
Outstanding Balance
$675,549
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$836,251

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jul 13, 2022
Sold by
Mary Foy Sierra Declaration Of Trust
Bought by
Dldb Investments Llc
Seller's Agent
Frank Pulles
Coldwell Banker Realty
Buyer's Agent
Frank Pulles
Coldwell Banker Realty
List Price
$1,100,000
Sold Price
$1,020,000
Premium/Discount to List
-$80,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,000
Outstanding Balance
$675,549
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$836,251

Purchase Details

Closed on
Aug 19, 2009
Sold by
Mellow Mavis M
Bought by
Mellow Mavis M and Mavis Mellow Declaration Of Trust

Purchase Details

Closed on
Feb 20, 2009
Sold by
Sierra Mary Foy
Bought by
Sierra Mary Foy and Mary Foy Sierra Declaration Of Trust
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
Bonvecchio Alain Anibal $752,000 Barry L Simons Pa
Dldb Investments Llc $1,020,000 Barry L Simons Pa
Mellow Mavis M -- Attorney
Sierra Mary Foy -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dldb Investments Llc $714,000
Previous Owner Mary Foy Sierra Trust $215,000
Previous Owner Sierra Mary F $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $1,020,000 -7.3% $354 / Sq Ft
06/06/2022 06/06/22 For Sale $1,100,000 -- $382 / 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 $17,471 $1,004,086 -- --
2024 $17,471 $912,806 $564,450 $348,356
2023 $16,266 $852,614 $500,550 $352,064
2022 $11,626 $572,276 $0 $0
2021 $10,234 $500,189 $340,800 $159,389
2020 $9,872 $478,899 $319,500 $159,399
2019 $9,916 $478,909 $319,500 $159,409
2018 $9,076 $445,912 $266,250 $179,662
2017 $8,632 $420,124 $0 $0
2016 $8,188 $381,931 $0 $0
2015 $7,563 $347,210 $0 $0
2014 $6,992 $315,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11217209

MIAMI REALTORS® MLS

APN: 20-5010-013-0070