$1,250,000
SOLD OCT 24, 2014
-- Bed
-- Bath
3,683 Sq Ft
1955 Built

Recently Sold

$339 Per Sq Ft

17% Below List Price

104 Days on Market

Highlights

  • Wood Flooring
  • Impact Glass
  • Heating Available
  • No HOA
  • Cooling Available

About This Home

As of June 2023

Impressive turn-key, mid-century, income-generating, four-plex in the heart of Normandy Isles. Four beautifully upgraded 2/1's with white wood and terrazzo flooring throughout. Kitchens are comprised of stainless steel appliances and gas stove/ranges. 100 % occupied with year leases. Was completely renovated a few years ago. Has 40 year re-certification. Low maintenance building! Excellent return!

Last Agent to Sell the Property

Dorottya Barna

MMLS Assoc.-Inactive Member License #3260440 Listed on: 07/01/2014

Last Buyer's Agent

Antonio Valentino

Aval Realty LLC License #3227818

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,867

Year Built

  • Built in 1955

Lot Details

  • Irregular Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,683 Sq Ft Home
  • 2-Story Property
  • Impact Glass

Flooring

  • Wood
  • Tile
  • Terrazzo

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $87,000
  • Rent includes hot water, gardener, pest control, sewer, trash collection, water
  • Assessor Parcel Number 02-32-10-012-0280

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $17,300
  • Net Operating Income $69,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,867

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Directions: GOOGLE MAPS PLEASE.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: x
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Yn: No
  • Flooring: Terrazzo, Tile, Wood
  • Living Area: 3683
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Roof: Concrete, Other
  • Construction Type: CBS Construction
  • Disclosures: Disclosure
  • Lot Features: Irregular Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: x
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-10-012-0280
  • Zoning: 39/MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Pest Control, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 69700
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 17300
  • Total Actual Rent: 87000

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 6867

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $2,043,500 -2.6% $499 / Sq Ft
05/09/2023 05/09/23 For Sale $2,099,000 +92.6% $513 / Sq Ft
09/14/2021 09/14/21 Sold $1,090,000 -9.2% $266 / Sq Ft
07/13/2021 07/13/21 Price Changed $1,200,000 -11.7% $293 / Sq Ft
04/23/2021 04/23/21 Price Changed $1,359,000 -6.3% $332 / Sq Ft
02/10/2021 02/10/21 For Sale $1,450,000 +46.5% $354 / Sq Ft
02/01/2020 02/01/20 Sold $990,000 -20.8% $269 / Sq Ft
04/05/2018 04/05/18 Sold $1,250,000 -3.8% $339 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
01/30/2018 01/30/18 Price Changed $1,299,000 -7.1% $353 / Sq Ft
11/24/2017 11/24/17 Price Changed $1,399,000 +7.7% $380 / Sq Ft
10/23/2017 10/23/17 Price Changed $1,299,000 -3.8% $353 / Sq Ft
08/12/2017 08/12/17 For Sale $1,350,000 0.0% $367 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
06/28/2017 06/28/17 Price Changed $1,350,000 -6.9% $367 / Sq Ft
03/24/2017 03/24/17 Price Changed $1,450,000 -12.1% $394 / Sq Ft
01/05/2017 01/05/17 Price Changed $1,650,000 -5.7% $448 / Sq Ft
10/28/2016 10/28/16 For Sale $1,750,000 +40.0% $475 / Sq Ft
10/24/2014 10/24/14 Sold $1,250,000 -16.6% $339 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $1,499,000 +51.4% $407 / Sq Ft
04/05/2013 04/05/13 Off Market $990,000 -- --
03/12/2013 03/12/13 For Sale $999,500 -- $271 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1971411

MIAMI REALTORS® MLS