$475,000
SOLD JUL 13, 2021
-- Bed
-- Bath
1,954 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$243 Per Sq Ft

7% Below List Price

71 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • High Impact Windows
  • Southwood Middle School Rated A-
  • No HOA
  • 1-minute walk to Ben Shavis Legacy Park

About This Home

As of July 2021

Ideal income producing property on a 12,251 Sq. Ft. corner lot.
Detached duplex consists of the following:
Property No. 1: 4 bedrooms / 2 bathrooms (1,410 Sq. Ft.) fronting SW 104th Avenue. Updated Property.
Property No. 2: 2 bedroom / 1 bathroom (544 Sq. Ft.) fronting SW 179th Street. Brand New Construction.

Last Agent to Sell the Property

Francisco Ruiz

Gables Executive Realty License #0689347 Listed on: 03/08/2021

Last Buyer's Agent

Ruben Cruz

Keller Williams Realty Miami Beach License #3278253

Keller Williams Realty Miami Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,380

Year Built

  • Built in 2006 | Newly Remodeled

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Tile Roof
  • Aluminum Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,954 Sq Ft Home
  • 1-Story Property
  • Awning
  • High Impact Windows

Flooring

  • Wood
  • Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $41,400
  • Assessor Parcel Number 30-50-32-012-0500

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • West Perrine Sub Condos
  • West Perrine Sub Subdivision

Building Details

  • Operating Expense $12,248
  • Net Operating Income $29,152

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,380

Year Built

Built in 2006 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2006
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: Take SW 184 Street (Eureka Drive) to SW 104th Avenue, go North to SW 179th Street, the property is on the SW corner.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: WEST PERRINE SUB
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Tile, Wood
  • Living Area: 1954
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Partial Impact Glass, Awning, High Impact Windows

Exterior Features

  • Roof: Aluminum, Barrel Roof, Curved/S-Tile Roof
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WEST PERRINE SUB
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • 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: 30-50-32-012-0500
  • Zoning: 3050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 29152
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 12248
  • Total Actual Rent: 41400

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4380

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Jul 12, 2021
Sold by
Capital Realty Funding Llc
Bought by
Sanchez Josue Carlos
Seller's Agent
Francisco Ruiz
Gables Executive Realty
Buyer's Agent
Ruben Cruz
Keller Williams Realty Miami Beach
List Price
$509,000
Sold Price
$475,000
Premium/Discount to List
-$34,000
-6.68%
Current Estimated Value
$594,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,255
Avg. Annual Appreciation
6.46%
Original Mortgage
$485,925
Outstanding Balance
$443,197
Interest Rate
2.96%
Mortgage Type
VA
Estimated Equity
$170,053

Purchase Details

Closed on
Apr 7, 2014
Sold by
Garcia Eduardo
Bought by
Capital Realty Funding Inc

Purchase Details

Listed on
Feb 27, 2013
Closed on
Aug 15, 2013
Sold by
Forero Henry
Bought by
Garcia Eduardo
Seller's Agent
Francisco Ruiz
Gables Executive Realty
Buyer's Agent
Michelle Rojas
Cervera Real Estate Inc.
List Price
$110,000
Sold Price
$86,000
Premium/Discount to List
-$24,000
-21.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.79%

Purchase Details

Closed on
Dec 4, 2006
Sold by
The West Perrine Cmnty Development Corp
Bought by
Forero Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
8.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 12, 1998
Sold by
Holmes Melvin
Bought by
West Perrine Community Development

Purchase Details

Closed on
Nov 3, 1995
Sold by
First National Development Inc
Bought by
Holmes Melvin
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $475,000 Attorney
Quit Claim Deed -- None Available
Warranty Deed $86,000 Attorney
Warranty Deed $195,000 Lenders Title Services Llc
Warranty Deed $13,000 --
Quit Claim Deed $2,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $485,925 VA
Previous Owner $174,500 Unknown
Previous Owner $165,750 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Rented -- -- --
09/27/2021 09/27/21 Under Contract -- -- --
09/26/2021 09/26/21 Off Market -- -- --
09/24/2021 09/24/21 For Rent $2,300 0.0% --
07/13/2021 07/13/21 Sold $475,000 -6.7% $243 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $509,000 +491.9% $260 / Sq Ft
08/15/2013 08/15/13 Sold $86,000 -21.8% $61 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $110,000 -- $78 / 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 $7,817 $470,136 -- --
2024 $8,742 $456,887 $266,638 $256,911
2023 $8,742 $477,106 $217,261 $259,845
2022 $7,220 $430,661 $167,884 $262,777
2021 $4,712 $226,865 $0 $0
2020 $4,380 $233,692 $98,755 $134,937
2019 $3,956 $200,602 $79,004 $121,598
2018 $3,600 $191,945 $79,004 $112,941
2017 $3,327 $154,953 $0 $0
2016 $3,013 $140,867 $0 $0
2015 $2,902 $132,105 $0 $0
2014 -- $102,996 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11008388

MIAMI REALTORS® MLS

APN: 30-5032-012-0500