NOT LISTED FOR SALE

Estimated Value: $820,000 - $1,131,000

6 Beds
4 Baths
-- Sq Ft
7,536 Sq Ft Lot

Last Sold November 12, 2021

Last sale price $2,580,000

Current estimated payment $6,014/month

77 Days on Market

Highlights

  • New Construction
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of November 2021

Prime opportunity to buy a portfolio 4 *NEW CONSTRUCTION* duplexes (8 total units) in North Miami. Very little landlord responsibility as tenants pay for all utilities except lawn care. Each unit is 2,300 square feet and has 3 bedrooms and 2 bathrooms, central AC, washing machine and dryer, granite countertops, tile floors throughout (NO CARPET), white shaker cabinets and stainless steel appliances. All units are separately metered for electric / FPL. Great tenants with no collection issues. Rental rate per unit is $2,300 per unit. Quality construction! Lots of pictures of interior and exterior to look through. 6.0% CAP rate at asking price!!
Brand new construction
Each unit is 2,300 square feet
Rental rate is $2,300 per unit
Barrel tile roof
Impact windows and doors
No carpet

Last Agent to Sell the Property

Shawn Villarroel

Las Olas R E Professionals License #3268115 Listed on: 07/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $765

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 7,536

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Spanish Tile Roof

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $156,000
  • Assessor Parcel Number 30-22-19-090-0080

Community Details

Overview

  • 2 Units
  • North Miami Subdivision, New Construction Floorplan

Building Details

  • Net Operating Income $220,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$765

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: PLEASE USE GOOGLE MAPS.
  • Year Built: 2020
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Flooring: Tile

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Spanish Tile

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Other
  • Utilities: Cable Available
  • Water Source: Other

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 30-22-19-090-0080
  • Zoning Description: 2800

Multi Family

  • Property Net Operating Income: 220800.0
  • Number Of Units Total: 2
  • Total Actual Rent: 156000.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 765.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Nov 1, 2021
Sold by
Ppcc Realty Holding Ii Llc
Bought by
Elh Llc
Seller's Agent
Shawn Villarroel
Las Olas R E Professionals
List Price
$2,600,000
Sold Price
$2,580,000
Premium/Discount to List
-$20,000
-0.77%
Current Estimated Value
$931,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,648,838
Avg. Annual Appreciation
-22.90%

Purchase Details

Closed on
Nov 8, 2018
Sold by
Zilla Real Estate Inc
Bought by
Alari Dgaf Nm 4 Llc
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
Elh Llc $645,000 Vantage Property Title
Alari Dgaf Nm 4 Llc $67,500 None Available
Zilla Real Estate Inc $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ppcc Realty Holding Ii Llc $242,500
Previous Owner Alari Dgaf Nm 4 Llc $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $2,580,000 -0.8% --
10/13/2021 10/13/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $2,600,000 +436.1% --
12/17/2020 12/17/20 Sold $485,000 -12.6% $211 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $554,900 -7.5% $241 / Sq Ft
04/14/2020 04/14/20 For Sale $599,900 -- $261 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $12,633 $678,955 -- --
2024 $11,516 $617,232 -- --
2023 $11,516 $561,120 $142,804 $418,316
2022 $11,806 $632,957 $105,224 $527,733
2021 $7,569 $374,926 $82,676 $292,250
2020 $956 $63,886 $63,886 $0
2019 $765 $43,217 $43,217 $0
2018 $267 $21,608 $21,608 $0
2017 $261 $10,457 $0 $0
2016 $238 $9,507 $0 $0
2015 $158 $8,643 $0 $0
2014 $161 $8,643 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10294628

BeachesMLS (Greater Fort Lauderdale)

APN: 30-2219-090-0080