NOT LISTED FOR SALE

1353 SW 1st St Miami, FL 33135

Little Havana Neighborhood

Estimated Value: $1,701,211

6 Beds
4 Baths
4,749 Sq Ft
$358/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,400,000 $295 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $10,634/month

234 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of May 2023

Great investment property in East Little Havana. 100% leased. Mixed use. 2 retail plus 3 residential units. LOCATION LOCATION LOCATION! New renovation. Retails: Cafeteria and Minimarket (same tenant, with all the permits and licenses). Residentials: 3/1, 3/1.5 and 2/1.
Great Cap Rate for your investor and a potential to improve easily the income in the residential units. One of the main streets in East Little Havana, within a fast growing area. One block to the new Flagler st, 7 blocks to the famous "Calle 8". Close to Brickell, Downtown, Wynwood, Design District, restaurants, retails, etc. 10 minutes to the Miami International Airport. Just some blocks to the New Life Style in Miami River Area.

Last Agent to Sell the Property

Juan Araujo-Roca

First Pro International Rlty License #3244824 Listed on: 08/12/2022

First Pro International Rlty

Last Buyer's Agent

Gian Ciccone Falco

FI Real Estate Brokerage LLC License #3488978

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,377

Year Built

  • Built in 1925

Lot Details

  • 7,013

Parking

  • 11 Parking Spaces

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,749 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lawrence Estates Land Cos Condos
  • Lawrence Estates Land Cos Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-41-02-006-0860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,377

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LAWRENCE ESTATES LAND COS
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 4749
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE ESTATES LAND COS
  • Total Parking Spaces: 11

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: 01-41-02-006-0860
  • Zoning: 6101
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13377

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Hernandez Yudaisy B and Hernandez Francisco
Bought by
Araman Llc
Current Estimated Value
$1,701,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$769,300
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2015
Sold by
Gabys Cafe Investments Inc
Bought by
Hernandez Yudaisy B and Hernandez Francisco

Purchase Details

Closed on
Feb 3, 2006
Sold by
Miguel Jose A and Miguel Dalia Elena
Bought by
Gabys Cafe Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7%
Mortgage Type
Seller Take Back
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
Araman Llc $940,000 Miami Title Group Inc
Hernandez Yudaisy B -- Attorney
Gabys Cafe Investments Inc $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Araman Llc $769,300
Previous Owner Gabys Cafe Investments Inc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $1,400,000 -3.4% $295 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
08/12/2022 08/12/22 For Sale $1,450,000 -- $305 / 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 $19,269 $961,839 $700,000 $261,839
2024 $16,557 $961,839 $700,000 $261,839
2023 $16,557 $771,377 $0 $0
2022 $14,456 $702,290 $455,000 $247,290
2021 $13,377 $625,356 $0 $0
2020 $12,108 $568,506 $350,000 $218,506
2019 $11,636 $558,968 $350,000 $208,968
2018 $0 $489,227 $280,000 $209,227
2017 $10,368 $489,394 $0 $0
2016 $9,710 $444,904 $0 $0
2015 $8,976 $422,345 $0 $0
2014 $8,976 $383,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Juan Araujo-Roca

    Seller's Agent in 2023

    Juan Araujo-Roca

    First Pro International Rlty

    (786) 337-5323

    1 in this area

    8 Total Sales

    Juan Araujo-Roca
    Section Image

  • G

    Buyer's Agent in 2023

    Gian Ciccone Falco

    FI Real Estate Brokerage LLC

    (786) 547-7126

    1 in this area

    22 Total Sales

    Gian Ciccone Falco
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11254896

MIAMI REALTORS® MLS

APN: 01-4102-006-0860

Florida Miami/Dade County Miami 33135 Little Havana

1353 SW 1st St, Miami, FL

This home is located at 1353 SW 1st St, Miami, FL 33135 since 12 August 2022 and is currently estimated at $1,701,211, approximately $358 per square foot. This property was built in 1925. 1353 SW 1st St is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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