$800,000
SOLD FEB 10, 2025

11617 SW 7th Terrace Miami, FL 33174

-- Bed
-- Bath
2,228 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$359 Per Sq Ft

3% Below List Price

68 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Dr. Carlos J. Finlay Elementary School Rated 9+
  • Central Heating and Cooling System

About This Home

As of February 2025

Rare Duplex maintained in great condition split 3 Bedroom 2 Bathroom and 2 Bedrooms 1 Bathroom. In great location minutes from FIU, expressways, shops and restaurants. Great income potential Very Easy to show

Last Agent to Sell the Property

Ray Palacios

TruRes Real Estate Inc. License #0709098 Listed on: 11/27/2024

Co-Listed By

Edward Martinez

Search Broward Real Estate License #3157173

Last Buyer's Agent

Edward Martinez

Search Broward Real Estate License #3157173

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,505

Year Built

  • Built in 1979

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,228 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Sweetwater Groves .14 Ac Condos
  • Sweetwater Groves .14 Ac,Sweetwater Groves Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 25-40-06-001-0342

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,505

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1979
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: SHBR01
  • Co List Office Phone: 954-303-3032
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: SWEETWATER GROVES .14 AC,Sweetwater Groves
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2228
  • Possible Use: Investment
  • Stories: 1

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 .14 AC
  • Total Parking Spaces: 4

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: 25-40-06-001-0342
  • Zoning: 3700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6505

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
Nov 27, 2024
Closed on
Feb 11, 2025
Sold by
Gonzalez Suset
Bought by
Agua Dulce 11617 Llc
Seller's Agent
Ray Palacios
TruRes Real Estate Inc.
Buyer's Agent
Edward Martinez
Search Broward Real Estate
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Views
22
Current Estimated Value
$780,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,171
Avg. Annual Appreciation
-2.66%

Purchase Details

Listed on
Nov 27, 2024
Closed on
Feb 10, 2025
Sold by
Sosa Dela Fuente Frances and Sosa Manuel Delafuente
Bought by
Gonzalez Suset
Seller's Agent
Ray Palacios
TruRes Real Estate Inc.
Buyer's Agent
Edward Martinez
Search Broward Real Estate
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Views
22

Purchase Details

Closed on
Jun 20, 2024
Sold by
Sosa Rosa and De La Fuente
Bought by
Dela Fuente Frances Sosa

Purchase Details

Closed on
Jun 9, 2016
Sold by
Sosa Orlando and Sosa Rosa
Bought by
Sosa Orlando and Sosa Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.61%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $800,000 None Listed On Document
Warranty Deed $800,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer $92,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $55,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2025 02/10/25 Sold $800,000 -3.0% $359 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
11/27/2024 11/27/24 For Sale $825,000 -- $370 / 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 $6,505 $612,766 $325,000 $287,766
2024 $5,766 $326,519 -- --
2023 $5,766 $302,763 $0 $0
2022 $5,169 $280,993 $0 $0
2021 $4,846 $261,035 $0 $0
2020 $3,685 $260,620 $0 $0
2019 $3,618 $255,720 $0 $0
2018 $3,236 $241,365 $0 $0
2017 $2,931 $222,904 $0 $0
2016 $3,439 $196,225 $0 $0
2015 $2,412 $185,076 $0 $0
2014 -- $174,816 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Ray Palacios

    TruRes Real Estate Inc.

    (305) 820-2124

    1 in this area

    10 Total Sales

    Ray Palacios
    Section Image
  • Edward Martinez

    Seller Co-Listing Agent in 2025

    Edward Martinez

    Search Broward Real Estate

    (954) 303-3032

    1 in this area

    28 Total Sales

    Edward Martinez
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11702174

MIAMI REALTORS® MLS

APN: 25-4006-001-0342

Florida Miami/Dade County Miami 33174

11617 SW 7th Terrace, Miami, FL

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes