NOT LISTED FOR SALE

Estimated Value: $553,000 - $632,000

2 Beds
1 Bath
1,500 Sq Ft
$396/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $595,000 $397 Per Sq Ft

Current estimated payment $3,895/month

38 Days on Market

Highlights

  • No HOA
  • Patio
  • Vinyl Flooring
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2024

Accepting Backup Offer. INVESTMENT OPPORTUNITY!! Multifamily, Triplex 2 Bed 1 Bath and 2 Studios. 7733 sqft corner lot with plenty of space for a pool or future expansion. Roof 2014. New LVT flooring. Recently painted. Washer Dryer 2021. Most appliances have been upgraded in the last couple of years. Termite treatment 2020. Septic cleaned 10/23. Great location close to 441, Guitar Hard Rock. Easy access to I-95 and Turnpike. Best price in the area for maximum ROI. Live in 1 unit, rent 2 units for mortgage payoff or as an Investment property. The proforma rent is around $5,500 a month easily. Offers to be accompanied with POF for cash and pre-approval/DU for financing. Details provided here are AS PER BCPA and estimates, please do your own due diligence. Agents check broker remarks!

Last Agent to Sell the Property

Pruchchha Shah

LoKation License #3536004 Listed on: 04/15/2024

LoKation

Last Buyer's Agent

Irene Cadet

The Keyes Company License #3290033

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,868

Year Built

  • Built in 1951

Lot Details

  • 7,754

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Flat Roof with Façade front
  • Shingle Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Outdoor Features

  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • 3 Units
  • Hollywood Beach Heights S Condos
  • Hollywood Beach Heights S Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514112041300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,868

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1951
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Directions: On the corner of 58th and Arthur.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: HOLLYWOOD BEACH HEIGHTS S
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1500
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Flat Roof With Facade Front, Shingle
  • Exterior Features: Fruit Trees
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD BEACH HEIGHTS S
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, 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: 514112041300
  • Zoning: RM-9
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC, Insulation

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7868

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
May 22, 2024
Sold by
Shah Harsh Mukeshbhai and Pruchchha Mahesh
Bought by
Accilien Marckendy
Seller's Agent
Pruchchha Shah
LoKation
Buyer's Agent
Irene Cadet
The Keyes Company
List Price
$595,000
Sold Price
$595,000
Views
42
Current Estimated Value
$594,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$508
Avg. Annual Appreciation
-0.06%
Original Mortgage
$595,000
Interest Rate
7.1%
Mortgage Type
VA

Purchase Details

Listed on
Sep 18, 2020
Closed on
Jan 16, 2021
Sold by
Palomino Diana Cecilia
Bought by
Shah Harsh Mukeshbhai
Seller's Agent
Evelsi Conqueth
Assurance Florida Realty
Buyer's Agent
Michael Maakar
InterConnect Realty LLC
List Price
$279,999
Sold Price
$282,000
Premium/Discount to List
$2,001
0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.88%
Original Mortgage
$225,600
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2020
Closed on
Jan 15, 2021
Sold by
Palomino Diana Cecilia
Bought by
Shah Harsh Mukeshbhai
Seller's Agent
Evelsi Conqueth
Assurance Florida Realty
Buyer's Agent
Michael Maakar
InterConnect Realty LLC
List Price
$279,999
Sold Price
$282,000
Premium/Discount to List
$2,001
0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2006
Sold by
Palomino Julian Mario
Bought by
Palamino Diana Cecilia

Purchase Details

Closed on
Sep 5, 2001
Sold by
Muench Robert P
Bought by
Palomino Julian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,517
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2000
Sold by
Santini Aldo and Santini Maria
Bought by
Muench Robert P

Purchase Details

Closed on
Oct 2, 1996
Sold by
Available Not
Bought by
Available Not
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
Accilien Marckendy $595,000 None Listed On Document
Shah Harsh Mukeshbhai -- Qualified Title Services
Shah Harsh Mukeshbhai -- Qualified Title Services Llc
Palamino Diana Cecilia -- None Available
Palomino Julian M $94,000 Action Title Company
Muench Robert P $91,500 --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Accilien Marckendy $604,804
Closed Accilien Marckendy $595,000
Previous Owner Shah Harsh Mukeshbhai $225,600
Previous Owner Shah Harsh Mukeshbhai $225,600
Previous Owner Palomino Diana C $87,500
Previous Owner Palomino Julian M $97,084
Previous Owner Palomino Julian M $92,517
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $595,000 0.0% $397 / Sq Ft
04/15/2024 04/15/24 For Sale $595,000 +111.0% $397 / Sq Ft
01/15/2021 01/15/21 Sold $282,000 +0.7% $192 / Sq Ft
11/30/2020 11/30/20 For Sale $279,999 -0.7% $191 / Sq Ft
11/03/2020 11/03/20 Off Market $282,000 -- --
10/05/2020 10/05/20 Price Changed $279,999 +0.4% $191 / Sq Ft
10/04/2020 10/04/20 Price Changed $279,000 -6.7% $190 / Sq Ft
09/17/2020 09/17/20 For Sale $299,000 -- $204 / 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 $8,730 $541,530 $46,400 $495,130
2024 $7,868 $406,740 $46,400 $360,340
2023 $7,868 $314,950 $0 $0
2022 $6,917 $286,320 $46,400 $239,920
2021 $6,215 $251,400 $46,400 $205,000
2020 $2,375 $133,680 $0 $0
2019 $2,386 $133,390 $0 $0
2018 $2,220 $119,590 $0 $0
2017 $1,952 $78,830 $0 $0
2016 $1,912 $76,740 $0 $0
2015 $1,808 $75,000 $0 $0
2014 $1,774 $73,390 $0 $0
2013 -- $112,890 $46,400 $66,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11569512

MIAMI REALTORS® MLS

APN: 51-41-12-04-1300