NOT LISTED FOR SALE

116118 NW 45th Ave Miami, FL 33126

Flagami Neighborhood

Estimated Value: $783,000 - $916,000

5 Beds
3 Baths
2,380 Sq Ft
$352/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $755,000 $317 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,535/month

6 Days on Market

Highlights

  • No HOA
  • Complete Panel Shutters or Awnings
  • Central Heating and Cooling System
  • Coral Gables Senior High School Rated A-
  • Tile Flooring
  • 1-Story Property

About This Home

As of April 2023

Rare opportunity to own this amazing investment property in the heart of Miami! This Duplex features two separate units 3/2 on one side and 2/1 on other side with 2,380- Sqft Built in 1985. One side has covered ample parking, the other side has open parking fully gated, 2 separate central AC units and separate meters. Generating $4,100 combined currently but can be increased in today's market $5,600 month 9% Cap Rate. Tenants are month to month.

Last Agent to Sell the Property

Andres Morales

Coldwell Banker Realty License #3335836 Listed on: 03/15/2023

Coldwell Banker Realty

Last Buyer's Agent

Juan Abreu

United Real Estate Miami License #0567717

United Real Estate Miami

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,815

Year Built

  • Built in 1985

Lot Details

  • 7,449

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,380 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Sliding Windows
  • Tile Flooring
  • Complete Panel Shutters or Awnings

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Henry Ford Sub No 1 Condos
  • Henry Ford Sub No 1,Henry Ford Sub Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection
  • Assessor Parcel Number 01-41-05-016-0780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,815

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: HENRY FORD SUB NO 1,HENRY FORD SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2380
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Complete Panel Shutters/Awnings, Blinds, Sliding

Exterior Features

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

Garage/Parking

  • Park Building Name: HENRY FORD SUB NO 1
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • 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: 01-41-05-016-0780
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9815

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
Mar 15, 2023
Closed on
Apr 7, 2023
Sold by
Andres A Campillo Group Llc
Bought by
Jose M Calderon Trust
Seller's Agent
Andres Morales
Coldwell Banker Realty
Buyer's Agent
Juan Abreu
United Real Estate Miami
List Price
$755,000
Sold Price
$755,000
Views
9
Current Estimated Value
$837,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,613
Avg. Annual Appreciation
4.14%

Purchase Details

Closed on
Nov 4, 2011
Sold by
Ortega Arturo
Bought by
Andres A Campillo Group Llc

Purchase Details

Closed on
Sep 20, 2010
Sold by
Ortega Olga L and Ortega Arturo
Bought by
Ortega Arturo

Purchase Details

Closed on
Aug 2, 2007
Sold by
Ortega Olga L and Ortega Arturo
Bought by
Ortega Olga L and Ortega Arturo

Purchase Details

Closed on
Feb 2, 2007
Sold by
Moran Jorge
Bought by
Ortega Olga L

Purchase Details

Closed on
Sep 19, 2001
Sold by
Moran Olga
Bought by
Moran Olga
Source: Public Records

Range of Values:

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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
Jose M Calderon Trust $755,000 The Closing Firm
Andres A Campillo Group Llc $255,000 Attorney
Ortega Arturo -- Attorney
Ortega Olga L -- None Available
Ortega Olga L -- None Available
Moran Olga -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $755,000 0.0% $317 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $755,000 -- $317 / 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 $13,545 $649,013 $387,005 $262,008
2024 $11,021 $638,172 $372,489 $265,683
2023 $11,021 $455,814 $0 $0
2022 $9,815 $412,075 $0 $0
2021 $8,719 $374,614 $185,970 $188,644
2020 $8,617 $368,908 $178,817 $190,091
2019 $8,266 $351,649 $160,110 $191,539
2018 $7,875 $375,104 $182,118 $192,986
2017 $7,205 $293,546 $0 $0
2016 $6,809 $270,606 $0 $0
2015 $6,253 $246,006 $0 $0
2014 $5,924 $223,642 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11357385

MIAMI REALTORS® MLS

APN: 01-4105-016-0780