$590,000
SOLD OCT 7, 2024
-- Bed
-- Bath
1,416 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$417 Per Sq Ft

4% Below List Price

29 Days on Market

Highlights

  • No HOA
  • Vinyl Flooring
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of October 2024

Seize the opportunity to own a high income potential property in a fast growing area; minutes from Wynwood, Design District, Miami Beach, Miami International airport and so much more. There are so many options for this property. You can explore lucrative short-term rental opportunities. You can live in one unit and rent out the other, or rent out each unit for a potential income of over $5,000/month. Each unit has a storage closet with washer and dryer hookup.

Last Agent to Sell the Property

Joshua Mathis

Elite Realty Partners, Inc. License #3402342 Listed on: 08/01/2024

Elite Realty Partners, Inc.

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,791

Year Built

  • Built in 1982

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • 17Th Ave Manor Condos
  • 17Th Ave Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-22-014-1531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,791

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1982
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: Please use Google maps
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: 17TH AVE MANOR
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1416
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: 17TH AVE MANOR
  • Total Parking Spaces: 2

Utilities

  • Sewer: Other
  • 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: 01-31-22-014-1531
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6791

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 30, 2024
Sold by
Prop Hunters Llc
Bought by
Sanchez Carlos and Sanchez Esther
Seller's Agent
Joshua Mathis
Elite Realty Partners, Inc.
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$615,000
Sold Price
$590,000
Premium/Discount to List
-$25,000
-4.07%
Views
15
Current Estimated Value
$619,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,098
Avg. Annual Appreciation
3.75%
Original Mortgage
$472,000
Outstanding Balance
$469,329
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$137,836

Purchase Details

Closed on
Feb 6, 2024
Sold by
Braceful Carolyn and Braceful Susan
Bought by
Prop Hunters Llc

Purchase Details

Closed on
Jan 9, 2024
Sold by
Braceful Carolyn and Braceful Susan
Bought by
Florida Twin Venture Inc
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 $590,000 None Listed On Document
Warranty Deed $410,000 Title Guaranty Of South Florid
Contract Of Sale -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $472,000 New Conventional
Previous Owner $50,931 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $590,000 -1.6% $417 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $599,500 -2.5% $423 / Sq Ft
08/01/2024 08/01/24 For Sale $615,000 -- $434 / 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
2024 $6,791 $321,676 -- --
2023 $6,791 $292,433 $0 $0
2022 $6,241 $86,106 $0 $0
2021 $2,259 $80,043 $0 $0
2020 $1,753 $114,556 $0 $0
2019 $1,724 $110,191 $0 $0
2018 $1,590 $95,458 $0 $0
2017 $1,457 $61,424 $0 $0
2016 $1,403 $57,647 $0 $0
2015 $1,360 $54,519 $0 $0
2014 $1,343 $51,636 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11633792

MIAMI REALTORS® MLS

APN: 01-3122-014-1531