NOT LISTED FOR SALE

1468 SW 2nd St Miami, FL 33135

Little Havana Neighborhood

Estimated Value: $553,000 - $765,000

4 Beds
3 Baths
1,161 Sq Ft
$596/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $380,000 $327 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,345/month

189 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Old Spanish Architecture
  • Jalousie or louvered window
  • Central Heating

About This Home

As of January 2020

Hot property, Great rental demand keeps this large property comprised of 2 structures with stable tenants. Excellent opportunity to purchase investment property in Little Habana or knock down and build to take advantage of highest and best use. Zoning T5 L.

Last Agent to Sell the Property

Odalys Hernandez

Fortune Christie's Intl R.E. License #3317438 Listed on: 06/07/2019

Fortune Christie's Intl R.E.

Last Buyer's Agent

MAR NON-MEMBER

NO MLS PARTICIPATION (MAR) License #0

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,751

Year Built

  • Built in 1921

Lot Details

  • 5,009

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Old Spanish Architecture
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,161 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Awning

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Additional Features

  • Energy-Efficient HVAC
  • Fenced

Listing and Financial Details

  • Total Actual Rent $30,000
  • Rent includes gardener, sewer, trash collection
  • Assessor Parcel Number 01-41-02-006-2430

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lawrence Estates Land Cos Condos
  • Lawrence Estates Land Cos,Lawrence Estates Lan Subdivision

Building Details

  • Operating Expense $7,000
  • Net Operating Income $230,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,751

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1921
  • Property Sub Type: Duplex
  • Architectural Style: Attached, Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: LAWRENCE ESTATES LAND COS,LAWRENCE ESTATES LAN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Carpet, Vinyl, Wood
  • Living Area: 1161
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Awning, Jalousie

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame With Stucco, Stucco
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE ESTATES LAND COS
  • Total Parking Spaces: 5

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-02-006-2430
  • Zoning: 3901
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC

Rental Info

  • Rent Includes: Gardener, None, Sewer, Trash Collection

Multi Family

  • Net Operating Income: 230000
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 7000
  • Total Actual Rent: 30000

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Jan 8, 2020
Sold by
Alfonso Oreste
Bought by
1468 Casa Llc
Seller's Agent
Odalys Hernandez
Fortune Christie's Intl R.E.
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$440,000
Sold Price
$380,000
Premium/Discount to List
-$60,000
-13.64%
Current Estimated Value
$692,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,122
Avg. Annual Appreciation
11.01%
Original Mortgage
$314,400
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 8, 2017
Closed on
Oct 16, 2017
Sold by
Gomez Alberto
Bought by
Alfonso Oreste
Seller's Agent
Antonio Alarcon
Avanti Way Realty LLC
Buyer's Agent
Odalys Hernandez
Fortune Christie's Intl R.E.
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.20%
Original Mortgage
$212,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2008
Sold by
Gomez Alberto and Gomez Maria
Bought by
Gomez Alberto and Gomez Alberto
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
1468 Casa Llc $285,000 Attorney
Alfonso Oreste $260,000 Attorney
Gomez Alberto -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 1468 Casa Llc $314,400
Previous Owner Alfonso Oreste $212,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2020 01/16/20 Sold $380,000 -13.6% $327 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $440,000 +69.2% $379 / Sq Ft
10/10/2017 10/10/17 Sold $260,000 +1.2% $193 / Sq Ft View Prior Sale
08/02/2017 08/02/17 Pending -- -- --
07/14/2017 07/14/17 Price Changed $257,000 -3.0% $191 / Sq Ft
07/08/2017 07/08/17 For Sale $265,000 -- $197 / 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 $8,117 $386,598 -- --
2024 $7,535 $351,453 -- --
2023 $7,535 $319,503 $0 $0
2022 $6,368 $290,458 $250,000 $40,458
2021 $6,731 $298,913 $250,000 $48,913
2020 $5,683 $249,006 $200,000 $49,006
2019 $5,420 $249,098 $200,000 $49,098
2018 $4,751 $208,668 $200,000 $8,668
2017 $2,336 $129,161 $0 $0
2016 $2,114 $121,055 $0 $0
2015 $2,153 $117,372 $0 $0
2014 $2,011 $110,874 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Odalys Hernandez

    Seller's Agent in 2020

    Odalys Hernandez

    Fortune Christie's Intl R.E.

    (305) 962-4907

    11 Total Sales

    Odalys Hernandez
    Section Image

  • M

    Buyer's Agent in 2020

    MAR NON-MEMBER

    NO MLS PARTICIPATION (MAR)

    4 in this area

    595 Total Sales

    MAR NON-MEMBER
    Section Image
  • Antonio Alarcon

    Seller's Agent in 2017

    Antonio Alarcon

    Avanti Way Realty LLC

    (786) 277-8057

    56 Total Sales

    Antonio Alarcon
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10687323

MIAMI REALTORS® MLS

APN: 01-4102-006-2430

Florida Miami/Dade County Miami 33135 Little Havana

1468 SW 2nd St, Miami, FL

This home is located at 1468 SW 2nd St, Miami, FL 33135 since 07 June 2019 and is currently estimated at $692,122, approximately $596 per square foot. This property was built in 1921. 1468 SW 2nd 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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