NOT LISTED FOR SALE

Estimated Value: $429,055 - $563,000

4 Beds
2 Baths
1,260 Sq Ft
$382/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2024

Last sale price $495,000 $393 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,188 / mo

39 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 5-minute walk to Sherdavia Jenkins Peace Park
  • Tile Flooring
  • 1-Story Property

About This Home

As of May 2024

Perfect property to add to a seasoned or new investor portfolio!!!! 4/2 Duplex in the heart of Allapattah. Each unit has a private entrance. Property is fenced for child safety. Rents are below market value which leaves room for increased income. Tenant in unit #2 has been issued a 60-day notice. Both units are Section 8 Housing Vouchers. DO NOT DISTURBE TENANTS!! Cap Rate is 5.2% with room for growth. Minutes from the Shops of Midtown, Miami Beach and Downtown Miami.

Last Agent to Sell the Property

Kenneth Grant

Grant and Associates Real Estate INC License #3379095 Listed on: 03/22/2024

Co-Listed By

Oregna Harris

Grant and Associates Real Estate INC License #3285356

Last Buyer's Agent

Ober Delgado

United Realty Group Inc License #3576834

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,293

Year Built

  • Built in 1961

Lot Details

  • 5,314

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Built-Up Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Orchard Villa Extension Condos
  • Orchard Villa Extension Subdivision

Listing and Financial Details

  • Total Actual Rent $4,300
  • Rent includes sewer, water
  • Assessor Parcel Number 01-31-14-043-0870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,293

Year Built

Built in 1961

Lot Details

5,314 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1961
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: GARE01
  • Co List Office Phone: 754-701-0275
  • Directions: I-95 to 62nd Street. Go West to 12th Avenue. Go South to 60th Street. Property is located on the Southside of the street.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: ORCHARD VILLA EXTENSION
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1260
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Built-Up
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ORCHARD VILLA EXTENSION
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-14-043-0870
  • Zoning: 3901
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6293

Multi Family

  • Number Of Units In Community: 2
  • Total Actual Rent: 4300

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 23, 2024
Sold by
Bought by
Seller's Agent
Kenneth Grant
Grant and Associates Real Estate INC
Buyer's Agent
Ober Delgado
United Realty Group Inc
List Price
$500,000
Sold Price
$495,000
Premium/Discount to List
-$5,000
-1%
Views
76
Current Estimated Value
$481,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,736
Avg. Annual Appreciation
-1.28%
Original Mortgage
$396,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2020
Closed on
Oct 16, 2020
Sold by
Bought by
Seller's Agent
Myroslava Mutsei
Compass Florida, LLC
Buyer's Agent
Andrew Johns
United Realty Group Inc
List Price
$319,000
Sold Price
$319,900
Premium/Discount to List
$900
0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$314,105
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
4.23%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 24, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.72%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2009
Sold by
Bought by

Purchase Details

Closed on
May 8, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
8.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
12%
Mortgage Type
Balloon
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$495,000 Title Service And Escrow Compa
$319,900 Attorney
$86,000 Attorney
$35,000 Attorney
$80,000 Attorney
$55,000 Title Partners Of South Flor
-- None Available
$49,500 Seacoast Title & Escrow Llc
$50,000 Title Company Of South Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $405,000
Closed $396,000
Previous Owner $13,537
Previous Owner $314,105
Previous Owner $165,852
Previous Owner $117,826
Previous Owner $32,000
Previous Owner $84,442
Previous Owner $40,000
Previous Owner $187,500
Previous Owner $101,250
Previous Owner $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2024 05/23/24 Sold $495,000 +1.0% $393 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $490,000 -2.0% $389 / Sq Ft
03/22/2024 03/22/24 For Sale $500,000 +56.3% $397 / Sq Ft
10/16/2020 10/16/20 Sold $319,900 +0.3% $254 / Sq Ft View Prior Sale
07/11/2020 07/11/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $319,000 -- $253 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,556 $316,190 $185,500 $130,690
2024 $6,555 $262,609
2023 $6,555 $238,736 $0 $0
2022 $5,612 $219,462 $0 $0
2021 $4,999 $199,511 $95,400 $104,111
2020 $1,514 $81,141 $0 $0
2019 $1,425 $68,410 $0 $0
2018 $1,333 $57,277 $31,800 $25,477
2017 $1,240 $47,643 $0 $0
2016 $2,010 $47,454 $0 $0
2015 $2,077 $50,093 $0 $0
2014 $2,410 $33,656 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11554043

MIAMI REALTORS® MLS

APN: 01-3114-043-0870

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