NOT LISTED FOR SALE

Estimated Value: $1,147,000 - $1,202,000

4 Beds
4 Baths
2,856 Sq Ft
$408/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $1,100,000 $385 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,060/month

35 Days on Market

Highlights

  • No HOA
  • 4-minute walk to Culmer
  • Shed
  • Balcony
  • Cooling Available
  • Ceramic Tile Flooring

About This Home

As of September 2024

Prime property land zoned as a T6 8 L, positioned near the vibrant Health District and Downtown Miami. A haven for developers, this property is a goldmine of potential for both present and future projects. Adjacent to the Culmer Metro Stop, it offers seamless access to Brickell and Bayfront Park, ensuring excellent transit options. With an A+ location, it's a convenient stroll to the Miami River, Jackson Hospital, and just minutes away from Loan Depot Park, Wynwood, Bayfront Park, Brickell, and Miami Airport!. Two units in the front are rented below market rent built 1924( Frame), back 2 story units built 1950 CBS construction, are also rented below market and seller lives in one of the units. Beware of DOG. Do not enter fenced area.

Last Agent to Sell the Property

Ileana Rodriguez P.A.

RE/MAX Advance Realty II License #0392092 Listed on: 05/06/2024

RE/MAX Advance Realty II

Last Buyer's Agent

Alexandru Celea

LoKation License #3464672

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,272

Year Built

  • Built in 1924

Lot Details

  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Casement Windows
  • Ceramic Tile Flooring

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Highland Park Condos
  • Highland Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-35-019-1570

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,272

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HIGHLAND PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2856
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Awning, Casement

Exterior Features

  • Roof: Composition Roll, Shingle
  • Exterior Features: Fruit Trees, Open Balcony
  • Construction Type: CBS Construction, Frame
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Handyman Special
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HIGHLAND PARK
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-35-019-1570
  • Zoning: 6106
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9272

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Aug 30, 2024
Sold by
Torre Manuel
Bought by
70 Lafayette Condos Llc
Seller's Agent
Ileana Rodriguez P.A.
RE/MAX Advance Realty II
Buyer's Agent
Alexandru Celea
LoKation
List Price
$1,100,000
Sold Price
$1,100,000
Views
2252
Current Estimated Value
$1,165,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,648
Avg. Annual Appreciation
4.27%

Purchase Details

Closed on
Apr 7, 2024
Sold by
Torre Manuel
Bought by
Torre Manuel and Torres Ulises

Purchase Details

Closed on
Nov 4, 2010
Sold by
Torre Caridad
Bought by
Torre Manuel
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
70 Lafayette Condos Llc $1,100,000 None Listed On Document
Torre Manuel -- None Listed On Document
Torre Manuel -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $1,100,000 0.0% $385 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $1,100,000 -- $385 / 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 $10,202 $971,768 $750,000 $221,768
2024 $9,272 $225,262 -- --
2023 $9,272 $204,784 $0 $0
2022 $7,924 $186,168 $0 $0
2021 $7,308 $169,244 $0 $0
2020 $6,585 $517,174 $437,500 $79,674
2019 $6,405 $517,174 $437,500 $79,674
2018 $5,594 $454,674 $375,000 $79,674
2017 $4,238 $113,380 $0 $0
2016 $4,211 $103,073 $0 $0
2015 $3,584 $93,703 $0 $0
2014 $3,033 $85,185 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11582686

MIAMI REALTORS® MLS

APN: 01-3135-019-1570