NOT LISTED FOR SALE
4 Beds
4 Baths
2,407 Sq Ft
1925 Built

Sale Details

Date Sold: July 18, 2024

Last sale price $660,000 $274 Per Sq Ft

360 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • 1-Story Property

About This Home

As of July 2024

Fully rented Fourplex in the center of Allapatha with great value add and development opportunity. The property consists of 4 One bed and one bath units, one of which is converted to a 3/1. The zoning is T-6-8-O which allows to build up to 16 residential / 32 hotel units ( up to15,000 SqFt). Currently generating $5,475 per month. All month to month long term tenants.

Last Agent to Sell the Property

Itai Tsanaani

Buy It Smart, LLC. License #3245031 Listed on: 11/08/2022

Last Buyer's Agent

Jessica Ruiz

Florida Realty of Miami Corp License #3564238

Florida Realty of Miami Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,030

Year Built

  • Built in 1925

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Tile Roof

Interior Spaces

  • 2,407 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Tile
  • Vinyl

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Richmond Park Condos
  • Richmond Park Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 01-31-26-019-0270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,030

Year Built

Built in 1925

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: RICHMOND PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 2407
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RICHMOND PARK
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), 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: 01-31-26-019-0270
  • Zoning: 6100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7030

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Jul 12, 2024
Sold by
Bought by
Seller's Agent
Itai Tsanaani
Buy It Smart, LLC.
Buyer's Agent
Jessica Ruiz
Florida Realty of Miami Corp
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,700
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 1, 2019
Sold by
Bought by

Purchase Details

Listed on
Jul 18, 2018
Closed on
Sep 5, 2018
Sold by
Bought by
Seller's Agent
Eduardo Goldstein
MMLS Assoc.-Inactive Member
Buyer's Agent
Rafael Fermoselle
Eleventrust LLC
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 27, 2018
Sold by
Bought by
Seller's Agent
Eduardo Goldstein
MMLS Assoc.-Inactive Member
Buyer's Agent
Rafael Fermoselle
Eleventrust LLC
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%

Purchase Details

Listed on
Sep 4, 2013
Closed on
Apr 17, 2014
Sold by
Bought by
Seller's Agent
Raul Estrada
MMLS Assoc.-Inactive Member
Buyer's Agent
ADRIAN SALGADO
MMLS Assoc.-Inactive Member
List Price
$194,500
Sold Price
$126,600
Premium/Discount to List
-$67,900
-34.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.06%

Purchase Details

Closed on
Dec 16, 2010
Sold by
Bought by

Purchase Details

Closed on
May 18, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 11, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 1997
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$660,000 Closing Company
-- Attorney
$385,000 Waterford Title & Escrow Llc
$375,000 Waterford Title & Escrow Llc
$126,600 Attorney
-- Attorney
$10,100 None Available
-- Trust Title Ins Agency Inc
-- --
$25,000 --
$15,100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $631,500
Closed $672,700
Previous Owner $283,500
Previous Owner $200,000
Previous Owner $61,600
Previous Owner $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/06/2024 08/06/24 Off Market $660,000 -- --
07/18/2024 07/18/24 Sold $660,000 -5.6% $274 / Sq Ft
06/17/2024 06/17/24 For Sale $699,000 0.0% $290 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
04/28/2023 04/28/23 Price Changed $699,000 -3.6% $290 / Sq Ft
02/28/2023 02/28/23 Price Changed $725,000 -3.3% $301 / Sq Ft
11/11/2022 11/11/22 For Sale $750,000 +100.0% $312 / Sq Ft
09/05/2018 09/05/18 Sold $375,000 -11.8% $155 / Sq Ft View Prior Sale
07/27/2018 07/27/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $425,000 +235.7% $176 / Sq Ft
04/18/2014 04/18/14 Sold $126,600 -34.9% $52 / Sq Ft View Prior Sale
03/14/2014 03/14/14 Pending -- -- --
09/03/2013 09/03/13 For Sale $194,500 -- $80 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,379 $593,300 $276,000 $317,300
2024 $8,040 $279,071
2023 $8,040 $253,701 $0 $0
2022 $7,323 $230,638 $0 $0
2021 $6,164 $209,671 $0 $0
2020 $5,580 $190,610 $92,000 $98,610
2019 $5,756 $198,449 $92,000 $106,449
2018 $5,391 $198,449 $92,000 $106,449
2017 $5,048 $162,118 $0 $0
2016 $4,737 $147,380 $0 $0
2015 $4,572 $137,242 $0 $0
2014 $4,381 $121,949 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11300559

MIAMI REALTORS® MLS
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