NOT LISTED FOR SALE

1610 NW 59th St Miami, FL 33142

Liberty City Neighborhood
8 Beds
4 Baths
2,501 Sq Ft
1973 Built

Last Sold January 26, 2018

Last sale price $385,000 $154 Per Sq Ft

89 Days on Market

Highlights

  • Newly Remodeled
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • No HOA
  • Ceramic Tile Flooring
  • 5-minute walk to African Square Park

About This Home

As of January 2018

EXCELLENT INCOME PROPERTY!! ALL UNITS ARE IN VERY GOOD CONDITION. FEATURING 4 UNITS, 2/1 EACH UNIT WITH LONG TERM TENANTS, NONE OF THEM ARE SECTION 8. GROSS ANNUAL INCOME: $45,600, 10% GROSS. ANNUAL EXPENSES: TAXES- $3,513, INSURANCE- $2,641, WATER- $800, GARBAGE COLLECTION - $1248. NET INCOME: $37,398, 9% NET CAP RATE AT CURRENT LISTING PRICE. PROPERTY HAS 4 ELECTRIC METERS. WATER IS INCLUDED IN THE RENT. ROOF IS 3 YEARS OLD. ALL FLOORING HAD BEEN REPLACED 3 YEARS AGO.

Last Agent to Sell the Property

Joseanne Vasquez

Monteriny Properties Corporation License #3319910 Listed on: 09/01/2017

Last Buyer's Agent

Raoul Lopez

EXP Realty LLC License #3217797

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,513

Year Built

  • Built in 1973 | Newly Remodeled

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,501 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

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

Listing and Financial Details

  • Total Actual Rent $45,600
  • Rent includes trash collection, water
  • Assessor Parcel Number 01-31-14-035-2740

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Orange Heights Condos
  • Orange Heights Subdivision

Building Details

  • Operating Expense $8,202
  • Net Operating Income $37,398

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,513

Year Built

Built in 1973 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: Orange Heights
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2501
  • Possible Use: Investment
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Park Building Name: Orange Heights
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-14-035-2740
  • Zoning: SD-1.1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection, Water

Multi Family

  • Net Operating Income: 37398
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 8202
  • Total Actual Rent: 45600

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3513

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2018 01/26/18 Sold $385,000 -3.8% $154 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
10/20/2017 10/20/17 Price Changed $400,000 -3.6% $160 / Sq Ft
09/01/2017 09/01/17 For Sale $415,000 0.0% $166 / Sq Ft
03/15/2017 03/15/17 Rented $950 0.0% --
03/09/2017 03/09/17 For Rent $950 0.0% --
02/07/2014 02/07/14 Sold $245,000 -15.2% $98 / Sq Ft
11/28/2013 11/28/13 Pending -- -- --
07/14/2013 07/14/13 For Sale $289,000 +65.1% $116 / Sq Ft
03/25/2013 03/25/13 Sold $175,000 -7.8% $57 / Sq Ft
02/23/2013 02/23/13 Pending -- -- --
11/13/2012 11/13/12 For Sale $189,900 +153.2% $62 / Sq Ft
04/30/2012 04/30/12 Sold $75,000 +0.1% $30 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $74,900 -- $30 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joseanne Vasquez

    Monteriny Properties Corporation

    (954) 873-6653

    1 in this area

    1 Total Sale

    Joseanne Vasquez
    Section Image
  • Raoul Lopez

    Buyer's Agent in 2018

    Raoul Lopez

    EXP Realty LLC

    (305) 788-5309

    49 Total Sales

    Raoul Lopez
    Section Image

  • E

    Buyer's Agent in 2017

    Ellyse Trethric

    MMLS Assoc.-Inactive Member

    Section Image

  • J

    Seller's Agent in 2014

    Jorge Luis Garcia

    Elite Sales Group

    Section Image
  • Marla Santos

    Buyer's Agent in 2014

    Marla Santos

    Canvas Real Estate

    (786) 554-9520

    24 Total Sales

    Marla Santos
    Section Image

  • a

    Seller's Agent in 2013

    adam cook

    Green River Homes LLC

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10337852

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami 33142 Liberty City

1610 NW 59th St, Miami, FL

This home is located at 1610 NW 59th St, Miami, FL 33142 since 01 September 2017. This property was built in 1973. 1610 NW 59th St is a home located in Miami-Dade County with nearby schools including Agenoria S Paschal/Olinda Elementary School, Brownsville Middle School, and Miami Northwestern 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.

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