NOT LISTED FOR SALE

1205 NE 117th St Miami, FL 33161

Estimated Value: $653,000 - $775,000

4 Beds
2 Baths
1,800 Sq Ft
$399/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $415,000 $231 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,598/month

100 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

As of April 2021

Great Duplex in "Hot Miami North Area" already producing a solid cap rate of 7.11 %. New Roof completed in March 2020. Convenient location 3 blocks West of Biscayne Blvd with easy access to Freeways, transportation, groceries, restaurants and shopping. This beautiful duplex features 2 Units of 2 Beds/1 Bath each W/Walk-in closets. Both units newly remodeled with new appliances and high efficiency window AC's. Separate Electric & Water meters, TENANT PAYS ALL UTILITIES. Each unit has an independent laundry room with new W&D. Huge lot of 12500 Sqf . Secluded and super quiet cul de sac street. Perfect investment for the new or seasoned investor or owner who wants to live in one unit and rent the other. Please drive by but DO NOT DISTURB, TALK OR APPROACH TENANTS. CALL L.A for information.

Last Agent to Sell the Property

Fernando Grodsinsky

Bricks International Realty, LLC License #3228894 Listed on: 09/29/2020

Last Buyer's Agent

Jennifer Bijl

Redfin Corporation License #3253224

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,901

Year Built

  • Built in 1967

Lot Details

  • 0.29

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Shingle Roof
  • Wood Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Location

  • West of U.S. Route 1

Utilities

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

Listing and Financial Details

  • Total Actual Rent $37,200
  • Rent includes gardener
  • Assessor Parcel Number 30-22-32-034-0080

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Roberta Manor Condos
  • Roberta Manor Subdivision

Building Details

  • Operating Expense $9,050
  • Net Operating Income $28,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,901

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1967
  • Property Sub Type: Duplex
  • Architectural Style: Attached, Ranch
  • Directions: NE 13TH AVE LEFT ON 117TH ST
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: ROBERTA MANOR
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 1800
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Shingle, Wood Shingle Roof
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, West Of US 1
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ROBERTA MANOR
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-22-32-034-0080
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Multi Family

  • Net Operating Income: 28150
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 9050
  • Total Actual Rent: 37200

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Apr 14, 2021
Sold by
Egrod Investments Llc
Bought by
Mancuso Cole Michael
Seller's Agent
Fernando Grodsinsky
Bricks International Realty, LLC
Buyer's Agent
Jennifer Bijl
Redfin Corporation
List Price
$430,000
Sold Price
$415,000
Premium/Discount to List
-$15,000
-3.49%
Current Estimated Value
$719,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,015
Avg. Annual Appreciation
12.90%
Original Mortgage
$394,250
Outstanding Balance
$356,245
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$362,770

Purchase Details

Closed on
Jan 24, 2018
Sold by
Abe Miami Llc
Bought by
Egrod Investments Llc

Purchase Details

Listed on
Mar 18, 2015
Closed on
Apr 9, 2015
Sold by
Pnc Bank National Association
Bought by
Abe Miami Llc
Seller's Agent
Douglas Dewitt
MMLS Assoc.-Inactive Member
Buyer's Agent
Joseph Stumpf
Beachfront Realty Inc
List Price
$148,000
Sold Price
$161,700
Premium/Discount to List
$13,700
9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.25%

Purchase Details

Closed on
Jan 23, 2015
Sold by
Celicourt Rita
Bought by
Pnc Bank National Association

Purchase Details

Closed on
May 8, 2006
Sold by
Chery Marie A and St Vilus Exile H
Bought by
Celicourt Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 11, 2005
Sold by
Chery Marie A
Bought by
St Vilus Exile and Chery Marie A

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
7.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 1, 2005
Sold by
Monereau Jean
Bought by
Chery Marie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 3, 2003
Sold by
Monereau Cynthia
Bought by
Monereau Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,850
Interest Rate
6.16%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 11, 1994
Sold by
Monereau Jean and Monereau Sandra D P
Bought by
Monereau Jean and Monereau Sandra D P
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
Mancuso Cole Michael $415,000 Capital Abstract & Title
Egrod Investments Llc $285,000 Attorney
Abe Miami Llc $161,700 None Available
Pnc Bank National Association $110,100 None Available
Celicourt Rita $295,000 None Available
St Vilus Exile $112,500 Us Title Corporation
Chery Marie A $195,000 Dba Allaqua Title Services
Monereau Jean -- Dba Allaqua Title Services
Monereau Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mancuso Cole Michael $394,250
Previous Owner Celicourt Rita $236,000
Previous Owner St Vilus Exile $225,000
Previous Owner Chery Marie A $156,000
Previous Owner Monereau Jean $109,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2021 04/16/21 Sold $415,000 -3.5% $231 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
09/28/2020 09/28/20 For Sale $430,000 +165.9% $239 / Sq Ft
04/24/2015 04/24/15 Sold $161,700 +9.3% $86 / Sq Ft View Prior Sale
03/31/2015 03/31/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $148,000 -- $79 / 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 $9,924 $505,423 -- --
2024 $9,269 $459,476 -- --
2023 $9,269 $417,706 $0 $0
2022 $7,570 $379,733 $273,891 $105,842
2021 $7,097 $331,430 $0 $0
2020 $6,682 $345,028 $233,622 $111,406
2019 $5,901 $274,081 $162,675 $111,406
2018 $4,777 $231,906 $120,500 $111,406
2017 $4,437 $190,493 $0 $0
2016 $4,037 $173,176 $0 $0
2015 $2,319 $103,582 $0 $0
2014 -- $98,104 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10933743

MIAMI REALTORS® MLS

APN: 30-2232-034-0080