NOT LISTED FOR SALE

12020 NE 11th Ct Biscayne Park, FL 33161

Estimated Value: $749,000 - $945,000

6 Beds
4 Baths
2,008 Sq Ft
$441/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $550,000 $274 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,019/month

12 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2021

Amazing very unique property in Village of Biscayne Park 6/4
4/2 in Front, looks and feels like a single family home, hard wood floors throughout, tons of potential with fenced in yard rear unit with own entrance , 2/2completely remodeled in 2020, Very private with fence separating each unit, .. Great income . Great opportunity , nice large lot 9900 sq feet lot, Room for Large pool amongst many other ideas... Must see....yearly income is currently $47,400 with both units rented. DO NOT GO ON PROPERTY WITHOUT AN APPT. Do not distrub

Last Agent to Sell the Property

Lisa Bortman

Compass Florida, LLC License #0665321 Listed on: 03/12/2021

Compass Florida, LLC

Last Buyer's Agent

Fernando Montoya

FIP Realty Services, LLC License #3206225

FIP Realty Services, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,323

Year Built

  • Built in 1947

Lot Details

  • 9,888

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Tar and Gravel Roof

Interior Spaces

  • 2,008 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Rev Palomar Condos
  • Rev Palomar Subdivision

Listing and Financial Details

  • Total Actual Rent $47,400
  • Rent includes gardener
  • Assessor Parcel Number 17-22-29-053-0030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,323

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: REV PALOMAR
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Wood
  • Living Area: 2008
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Barrel Roof, Tar & Gravel Roof
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: REV PALOMAR
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Cooling: Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 17-22-29-053-0030
  • Zoning: 5900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8323

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 47400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 20, 2021
Sold by
Spe 10 Llc
Bought by
Bohorquez Jorge
Seller's Agent
Lisa Bortman
Compass Florida, LLC
Buyer's Agent
Fernando Montoya
FIP Realty Services, LLC
List Price
$539,000
Sold Price
$550,000
Premium/Discount to List
$11,000
2.04%
Current Estimated Value
$886,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,361
Avg. Annual Appreciation
12.54%
Original Mortgage
$467,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2021
Closed on
Mar 16, 2021
Sold by
Hammer James T
Bought by
Spe 10 Llc
Seller's Agent
Lisa Bortman
Compass Florida, LLC
Buyer's Agent
Fernando Montoya
FIP Realty Services, LLC
List Price
$539,000
Sold Price
$550,000
Premium/Discount to List
$11,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2003
Sold by
Alvarenga Freire Rosemary and Guilfoyle Daniel L
Bought by
Hammer James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 1995
Sold by
Peyton Clinton
Bought by
Alvarenga Freire Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,520
Interest Rate
7.64%
Mortgage Type
FHA
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
Bohorquez Jorge $550,000 Attorney
Spe 10 Llc -- Accommodation
Spe 10 Llc -- None Listed On Document
Hammer James T $250,000 --
Alvarenga Freire Rosemary $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bohorquez Jorge $467,500
Previous Owner Hammer James T $207,690
Previous Owner Hammer James T $225,000
Previous Owner Alvarenga Freire Rosemary $114,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $550,000 +2.0% $274 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $539,000 -- $268 / 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 $14,723 $613,144 -- --
2024 $13,984 $575,136 -- --
2023 $13,984 $539,452 $0 $0
2022 $12,730 $506,529 $272,250 $234,279
2021 $9,335 $307,450 $0 $0
2020 $8,323 $314,970 $210,375 $104,595
2019 $7,636 $298,196 $193,050 $105,146
2018 $7,053 $298,746 $193,050 $105,696
2017 $6,690 $209,993 $0 $0
2016 $6,297 $190,903 $0 $0
2015 $5,648 $173,549 $0 $0
2014 $5,103 $157,772 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11011897

MIAMI REALTORS® MLS

APN: 17-2229-053-0030