NOT LISTED FOR SALE

1535 SW 70th Ave Miami, FL 33144

Coral Terrace Neighborhood

Estimated Value: $702,000 - $949,000

4 Beds
2 Baths
1,660 Sq Ft
$493/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $738,750 $445 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,289/month

111 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Flagami Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2023

MSP Group, LLC is proud to be appointed the exclusive listing agent for this duplex located at 1535 SW 70th Avenue. The duplex sits on 0.21 acres and has 1,689 of net rentable square feet that are divided into two 2-bedroom/1-bathroom units. Unit 1535 features an enclosed Florida room with laundry facilities in the unit. Unit 1537 features a large covered back patio with laundry facilities. The property was originally built in 1958 with a 230 SF Florida room addition built in 1980. 1535 SW 70th Ave sits one block away from Ludlam Road (SW 67th Avenue), a heavily trafficked North/South avenue. The Palmetto Expressway, a main north/south arterial highway, has an exit within one mile of the property on both 8th Street and Coral Way. All units are rented month to month with tons of upside.

Last Agent to Sell the Property

Sam Mekras

MSP Group, LLC License #3341183 Listed on: 07/17/2023

Last Buyer's Agent

Sam Mekras

MSP Group, LLC License #3341183 Listed on: 07/17/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,756

Year Built

  • Built in 1958

Lot Details

  • 9,017

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Tamiami City Revised Condos
  • Tamiami City Revised Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, water
  • Assessor Parcel Number 30-40-11-009-0850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,756

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: TAMIAMI CITY REVISED
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 1660
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TAMIAMI CITY REVISED
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • 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: 30-40-11-009-0850
  • Zoning: 5100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6756

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Nov 3, 2023
Sold by
Brooks Jonathon N
Bought by
Albevala 1535 Llc and Lo & La 1537 Llc
Seller's Agent
Sam Mekras
MSP Group, LLC
Buyer's Agent
Sam Mekras
MSP Group, LLC
List Price
$795,000
Sold Price
$738,750
Premium/Discount to List
-$56,250
-7.08%
Views
104
Current Estimated Value
$818,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,457
Avg. Annual Appreciation
5.48%
Original Mortgage
$488,750
Outstanding Balance
$430,398
Interest Rate
7.49%
Mortgage Type
Seller Take Back
Estimated Equity
$385,470

Purchase Details

Closed on
Aug 18, 2023
Sold by
Brooks Jonathon N
Bought by
Brooks Jonathon N and Brooks Christine C

Purchase Details

Closed on
Sep 4, 2001
Sold by
Manuel Escobar M and Manuel Caridad B
Bought by
Brooks Jonathon N and Brooks Christine C
Source: Public Records

Range of Values:

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Average Value
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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
Albevala 1535 Llc $738,800 None Listed On Document
Brooks Jonathon N -- None Listed On Document
Brooks Jonathon N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albevala 1535 Llc $488,750
Previous Owner Brooks Florence L $100,000
Previous Owner Brooks Jonathon N $27,000
Previous Owner Brooks Jonathon N $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $738,750 -7.1% $445 / Sq Ft
07/17/2023 07/17/23 For Sale $795,000 -- $479 / 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 $11,164 $631,330 -- --
2024 $7,510 $573,937 $332,963 $240,974
2023 $7,510 $307,080 $0 $0
2022 $6,756 $279,164 $0 $0
2021 $6,133 $253,786 $0 $0
2020 $5,803 $330,233 $206,977 $123,256
2019 $5,347 $296,629 $173,231 $123,398
2018 $4,691 $265,147 $150,733 $114,414
2017 $4,445 $166,900 $0 $0
2016 $4,254 $151,728 $0 $0
2015 $4,131 $137,935 $0 $0
2014 -- $125,396 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Mekras

    Seller's Agent in 2023

    Sam Mekras

    MSP Group, LLC

    (786) 671-0149

    1 in this area

    57 Total Sales

    Sam Mekras
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11417082

MIAMI REALTORS® MLS

APN: 30-4011-009-0850

Florida Miami/Dade County Miami 33144 Coral Terrace

1535 SW 70th Ave, Miami, FL

This home is located at 1535 SW 70th Ave, Miami, FL 33144 since 17 July 2023 and is currently estimated at $818,207, approximately $492 per square foot. This property was built in 1958. 1535 SW 70th Ave is a home located in Miami-Dade County with nearby schools including Flagami Elementary School, West Miami Middle School, and South Miami 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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