Seller's Agent in 2022
Michael Swing
Green Tree Commercial, Inc
(954) 551-4466
1 in this area
3 Total Sales
11643 NE 11th Place Biscayne Park, FL 33161
Estimated Value: $888,054 - $1,153,000
4
Beds
2
Baths
1,881
Sq Ft
$525/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Jalousie or louvered window
- Central Heating and Cooling System
- No HOA
- Partial Panel Shutters or Awnings
- Fenced
About This Home
As of May 2022Duplex with 3 car garage. Units are 2 bedrooms & 1 bathroom. This 2-story investment property is 100% occupied. The duplex roof was replaced in 2018 and unit #2 has a new A/C unit, which was replaced in October 2020, and modern kitchen appliances. The investment was recently painted in 2021.
Both units had hot water tanks replaced in 2019 & 2021, have wood floors, washer, dryer, central A/C’s, protective window awnings, and separate entrances with their own parking spaces.
Tenants pay for electricity, cable, and gas. Investment with upside potential. Rents below market.
Last Agent to Sell the Property
Green Tree Commercial, Inc License #3183734 Listed on: 04/06/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,591
Year Built
- Built in 1948
Lot Details
- 0.26
Parking
- 10 Parking Spaces
Home Design
- Duplex
Interior Spaces
- 1,881 Sq Ft Home
- 2-Story Property
- Jalousie or louvered window
- Blinds
- Partial Panel Shutters or Awnings
Flooring
- Wood
- Tile
Utilities
- Central Heating and Cooling System
- Septic Tank
Additional Features
- Exterior Lighting
- Fenced
Listing and Financial Details
- Total Actual Rent $35,400
- Rent includes gardener, water
- Assessor Parcel Number 17-22-32-023-0620
Community Details
Overview
- No Home Owners Association
- 2 Units
- 1St Addn Biscayne Lawn Condos
- 1St Addn Biscayne Lawn,Biscayne Lawn Subdivision
Building Details
- Operating Expense $17,977
- Net Operating Income $17,423
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 1, 2023
Sold by
Alvelo Radames
Bought by
11643 Biscayne Park Llc
Current Estimated Value
Purchase Details
Listed on
Apr 6, 2022
Closed on
May 25, 2022
Sold by
John Stowell
Bought by
Alvelo Radames
Seller's Agent
Michael Swing
Green Tree Commercial, Inc
Buyer's Agent
Nancy Dowson
Keller Williams Capital Realty
List Price
$599,000
Sold Price
$735,000
Premium/Discount to List
$136,000
22.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Purchase Details
Closed on
Aug 12, 2005
Sold by
Gonzalez Carly Rose and Gonzalez Alain Ivan
Bought by
Stowell John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
5.57%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 28, 2002
Sold by
Raul Ascarrunz I
Bought by
Gonzalez Carly R
Purchase Details
Closed on
May 17, 1999
Sold by
Palmer John W and Palmer Lydia M
Bought by
Ascarrunz Raul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 8, 1996
Sold by
Ivan Michael J Andida S
Bought by
Palmer John W and Palmer Lydia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,922
Interest Rate
7.87%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 11643 Biscayne Park Llc | -- | -- | |
| Alvelo Radames | $735,000 | Christopher P Kelley Pa | |
| Stowell John | $445,000 | Highland Title Company Llc | |
| Gonzalez Carly R | $159,000 | -- | |
| Ascarrunz Raul | $134,000 | -- | |
| Palmer John W | $117,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stowell John | $414,000 | |
| Previous Owner | Stowell John | $400,500 | |
| Previous Owner | Palmer John W | $220,500 | |
| Previous Owner | Palmer John W | $134,000 | |
| Previous Owner | Palmer John W | $116,922 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $735,000 | +22.7% | $391 / Sq Ft |
| 04/13/2022 04/13/22 | Pending | -- | -- | -- |
| 04/06/2022 04/06/22 | For Sale | $599,000 | 0.0% | $318 / Sq Ft |
| 09/08/2015 09/08/15 | Rented | $1,200 | 0.0% | -- |
| 08/09/2015 08/09/15 | Under Contract | -- | -- | -- |
| 07/13/2015 07/13/15 | For Rent | $1,200 | -25.0% | -- |
| 04/24/2015 04/24/15 | Rented | $1,600 | +6.7% | -- |
| 03/25/2015 03/25/15 | Under Contract | -- | -- | -- |
| 02/25/2013 02/25/13 | For Rent | $1,500 | -- | -- |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $18,035 | $740,128 | $540,000 | $200,128 |
| 2024 | $17,088 | $673,245 | $472,479 | $200,766 |
| 2023 | $17,088 | $629,175 | $427,292 | $201,883 |
| 2022 | $11,887 | $405,084 | $0 | $0 |
| 2021 | $10,591 | $368,259 | $231,483 | $136,776 |
| 2020 | $9,684 | $346,863 | $210,079 | $136,784 |
| 2019 | $8,754 | $310,372 | $191,053 | $119,319 |
| 2018 | $8,267 | $310,380 | $191,053 | $119,327 |
| 2017 | $7,819 | $266,378 | $0 | $0 |
| 2016 | $7,228 | $242,162 | $0 | $0 |
| 2015 | $6,717 | $220,148 | $0 | $0 |
| 2014 | $6,223 | $200,135 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Swing
-
Nancy Dowson
Buyer's Agent in 2022
Nancy Dowson
Keller Williams Capital Realty
(305) 740-2828
20 in this area
92 Total Sales
-
J
Buyer's Agent in 2015
Jenna Cohen
MMLS Assoc.-Inactive Member
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11185577
APN: 17-2232-023-0620
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