NOT LISTED FOR SALE

Estimated Value: $816,000 - $1,032,000

6 Beds
4 Baths
2,656 Sq Ft
$333/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $620,000 $233 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,766/month

94 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 5-minute walk to Uleta Park Community Center
  • Ceramic Tile Flooring
  • 1-Story Property

About This Home

As of August 2021

Incredible opportunity on an investment property in North Miami Beach. This property was completely remodeled and upgrades include new roof, new impact windows, new flooring, new kitchen/bathrooms/appliances/etc. This property is a turn-key rental that has already been stabilized and is cash flowing $5,000/month. Money maker from Day 1. This opportunity will not last. Act quickly!

Last Agent to Sell the Property

Alex Lorenzo

BrokerNation Real Estate License #3315339 Listed on: 03/29/2021

BrokerNation Real Estate

Co-Listed By

Krysten Naranjo

One Sotheby's International Realty License #3445073

Last Buyer's Agent

Jean Castor

Related ISG Realty, LLC. License #3420397

Related ISG Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,350

Year Built

  • Built in 1981

Lot Details

  • Property is zoned 5700

Parking

  • 4 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,656 Sq Ft Home
  • 1-Story Property

Flooring

  • Ceramic Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • North Miami Beach Subdivision

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 07-22-07-000-0780

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,350

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1981
  • Property Sub Type: Duplex
  • Architectural Style: Attached, Detached
  • Co List Office Mls Id: CPES01
  • Co List Office Phone: 305-602-4410
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: North Miami Beach
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Vinyl
  • Living Area: 2656
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: North Miami Beach
  • Total Parking Spaces: 4

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: 07-22-07-000-0780
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7350

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Jean Gracita
Bought by
Jean Gracita
Current Estimated Value
$885,079

Purchase Details

Listed on
Mar 29, 2021
Closed on
Aug 12, 2021
Sold by
J Machado Investments Ii Llc
Bought by
Jean Gracita
Seller's Agent
Alex Lorenzo
BrokerNation Real Estate
Buyer's Agent
Jean Castor
Related ISG Realty, LLC.
List Price
$689,000
Sold Price
$620,000
Premium/Discount to List
-$69,000
-10.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$488,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2019
Sold by
Ripert Jean Claude and Ripert Nina Flor
Bought by
J Machado Investmne Ii Llc

Purchase Details

Closed on
Dec 24, 2019
Sold by
Ripert Sheila
Bought by
J Machado Investment Ii Llc

Purchase Details

Closed on
May 30, 1997
Sold by
Gustave U St Hilaire
Bought by
Ripert Jean C and Ripert Marie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
8.18%
Mortgage Type
New Conventional
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
Jean Gracita -- None Listed On Document
Jean Gracita $620,000 None Listed On Document
Jean Gracita $620,000 None Listed On Document
J Machado Investmne Ii Llc -- Attorney
J Machado Investment Ii Llc $310,000 Attorney
Ripert Jean C $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jean Gracita $488,000
Previous Owner Ripert Jean C $117,150
Previous Owner Ripert Jean C $110,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $620,000 -9.5% $233 / Sq Ft
04/27/2021 04/27/21 Price Changed $685,000 -0.6% $258 / Sq Ft
03/29/2021 03/29/21 For Sale $689,000 -- $259 / 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 $13,322 $629,457 $368,518 $260,939
2024 $12,935 $631,944 $326,538 $305,406
2023 $12,935 $603,402 $0 $0
2022 $11,754 $548,548 $238,435 $310,113
2021 $7,479 $337,379 $125,686 $211,693
2020 $7,350 $330,377 $117,061 $213,316
2019 $4,247 $251,184 $0 $0
2018 $3,908 $241,673 $0 $0
2017 $3,514 $196,943 $0 $0
2016 $3,295 $185,195 $0 $0
2015 $3,182 $176,638 $0 $0
2014 $3,073 $169,362 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11020048

MIAMI REALTORS® MLS

APN: 07-2207-000-0780