NOT LISTED FOR SALE
4 Beds
4 Baths
4,623 Sq Ft
1955 Built

Last Sold February 09, 2015

Last sale price $575,000 $124 Per Sq Ft

22 Days on Market

Highlights

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

About This Home

As of February 2015

RENOVATED 7-UNIT MULTIFAMILY PROPERTY JUST NORTH OF HOLLYWOOD CIRCLE. GREAT INVESTMENT OPPORTUNITY!! 4 BUILDINGS ON ESTIMATED 0.5 ACRES OF LAND. UNITS HAVE NEW FLOORING, KITCHENS, APPLIANCES. ALL UNITS ARE RENTED. 3 OTHER UNITS ARE LARGE STUDIOS: $75 0, $750, $725 . 2 OTHER UNITS ARE EFFICIENCIES: $605, $575. WATER & ELECTRIC INCLUDED IN RENTS. OPTION TO BUILD 5TH BLDG. NEW DEVELOPMENTS IN THE AREA: PLANNED LUXURY APARTMENTS. BOUTIQUE HOTEL, NEW SUPERMARKET AND RETAIL. 9% CAP RATE DEVELOPMENT.

Last Agent to Sell the Property

Margo Johnson

One Sotheby's International Realty License #3185374 Listed on: 01/11/2015

One Sotheby's International Realty

Co-Listed By

Jose Pereira

Beachfront Realty Inc License #3302347

Last Buyer's Agent

Jorge Nemi

MMLS Assoc.-Inactive Member License #3267029

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,517

Year Built

  • Built in 1955

Lot Details

  • Property is zoned MULTI

Parking

  • 7 Parking Spaces

Home Design

  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,623 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

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

Listing and Financial Details

  • Total Actual Rent $88,200
  • Rent includes electricity, hot water, water
  • Assessor Parcel Number 514210120150

Community Details

Overview

  • No Home Owners Association
  • Chattanooga Park 2 39 B Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,517

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: CHATTANOOGA PARK 2-39 B
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 4623
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: CHATTANOOGA PARK 2-39 B
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Cooling: 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: 514210120150
  • Zoning: MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Hot Water, Water

Multi Family

  • Net Operating Income: 61383
  • Number Of Units In Community: 4
  • Number Of Units Total: 9
  • Annual Operating Expense: 26817
  • Total Actual Rent: 88200

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 11517

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 List to Sale Price per Sq Ft Prior Sale
02/09/2015 02/09/15 Sold $575,000 -17.3% $124 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
01/11/2015 01/11/15 For Sale $695,000 0.0% $150 / Sq Ft
06/14/2014 06/14/14 Rented $875 0.0% --
06/14/2014 06/14/14 For Rent $875 -26.8% --
05/02/2014 05/02/14 Rented $1,195 +36.6% --
04/02/2014 04/02/14 Under Contract -- -- --
01/02/2014 01/02/14 For Rent $875 0.0% --
01/04/2013 01/04/13 Sold $217,500 -0.7% $47 / Sq Ft View Prior Sale
12/05/2012 12/05/12 Pending -- -- --
12/04/2012 12/04/12 For Sale $219,000 -- $47 / 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: A2055589

MIAMI REALTORS® MLS