NOT LISTED FOR SALE
-- Bed
-- Bath
3,595 Sq Ft
1939 Built

Last Sold March 07, 2022

Last sale price $950,000 $264 Per Sq Ft

57 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • No Heating
  • Old Spanish Architecture
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2022

On Sale a great opportunity for investors. Partially remodeled two-building, 4 unit apartment complex very easy to manage with an excellent ROI and lots of potential.All units with separate electricity services and 8 parking spaces. 100 % Rented. The actual NOI is $72,350 with a 7.6% ROI and still room to grow. The income could be the double or more if renting it through AIRBNB as it is Few blocks away to Marlins Stadium and Calle 8, close to Miami Airport, Brickell/Downtown, Miami Beach, Design District… Also, the Primary Land Use is MULTIFAMILY 2-9 UNITS in a convenient T5-L zone. This is a shining diamond that can shine even brighter!
Call listing agent for appointments, Do Not disturb tenants. Financials available upon request.

Last Agent to Sell the Property

Edel Valdes

Trexy International Realty, Inc License #3286155 Listed on: 01/15/2022

Trexy International Realty, Inc

Co-Listed By

Yurima Chiong

EXP Realty LLC License #3390589

Last Buyer's Agent

Javier Rodriguez Sordo

MMLS Assoc.-Inactive Member License #3511205

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,549

Year Built

  • Built in 1939

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Old Spanish Architecture

Interior Spaces

  • 3,595 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • No Heating

Community Details

  • No Home Owners Association
  • 4 Units
  • Lawrence Estates Land Cos Condos
  • Lawrence Estates Land Cos Subdivision

Listing and Financial Details

  • Rent includes hot water
  • Assessor Parcel Number 01-41-02-006-0240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,549

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1939
  • Property Sub Type: Quadruplex
  • Architectural Style: Old Spanish
  • Co List Office Mls Id: TRXY01
  • Co List Office Phone: 305-603-9995
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LAWRENCE ESTATES LAND COS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Ceramic Floor, Tile, Wood
  • Living Area: 3595
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: Other
  • 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: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-02-006-0240
  • Zoning: 6107
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11549

Multi Family

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

Range of Values:

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Sold Price
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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
03/07/2022 03/07/22 Sold $950,000 0.0% $264 / Sq Ft
01/15/2022 01/15/22 For Sale -- -- --
01/15/2022 01/15/22 Off Market $950,000 -- --
01/09/2022 01/09/22 For Sale $950,000 +82.7% $264 / Sq Ft
12/04/2019 12/04/19 Sold $520,000 -11.1% $69 / Sq Ft
05/13/2019 05/13/19 Price Changed $585,000 -16.3% $78 / Sq Ft
03/07/2019 03/07/19 Price Changed $699,000 -4.1% $93 / Sq Ft
10/18/2018 10/18/18 Price Changed $729,000 -2.7% $97 / Sq Ft
08/13/2018 08/13/18 For Sale $749,000 -- $100 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11144084

MIAMI REALTORS® MLS