NOT LISTED FOR SALE
2 Beds
2 Baths
-- Sq Ft
4,175 Sq Ft Lot

Sale Details

Date Sold: March 1, 2017

Last sale price $695,000

154 Days on Market

Highlights

  • 4,175 Sq Ft lot
  • Cooling Available
  • Tile Flooring
  • No HOA

About This Home

As of March 2017

Ideal unit mix of 4 Two Bedrm and 2 One Bedrm apts with central AC & metered separately for electricity. Upgrades include replaced windows, remodeled kitchens & bathrooms, tile flooring, + more! Current rents substantially below market offer great upside potential, see projected figures. Convenient location 1 mile west of Federal Hwy/McNab intersection & Publix, Marshall’s, Office Depot Center. Good employment base from hospitals/medical offices surrounding area. Corner parcel with parking on 2 streets.

Last Agent to Sell the Property

Ross Z. Herman

The Keyes Company License #372598 Listed on: 08/29/2016

The Keyes Company

Last Buyer's Agent

Daniel Brooks

Keller Williams Realty Services License #3283415

Keller Williams Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,870

Year Built

  • Built in 1974

Lot Details

  • 4,175

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Tile Flooring
  • Fire and Smoke Detector

Parking

  • 10 Parking Spaces
  • Common or Shared Parking

Additional Features

  • 4,175 Sq Ft Lot
  • City Lot
  • Cooling Available

Listing and Financial Details

  • Total Actual Rent $75,660
  • Tenant pays for electricity
  • Assessor Parcel Number 494202142340

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Palm Club Apartments Condos

Building Details

  • Insurance Expense $3,900
  • Other Expense $71,324
  • New Taxes Expense $6,596
  • Operating Expense $32,752
  • Gross Income $75,660
  • Net Operating Income $44,108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,870

Year Built

Built in 1974

Lot Details

4,175 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1974
  • Ownership: Sole Proprietor
  • Property Sub Type: Multi Family
  • Directions: Federal Highway to McNab Road (aka SE 15 Street) & go west one mile to property - OR - NE 18 Avenue from Commercial Blvd, north to McNab Road, & west to property.
  • Horses: No
  • Inclusions: Land Only, Business; Building And Land
  • New Construction: No
  • Road Frontage Type: City Street, City
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: Resale
  • LastStatus: Pending
  • CurrentPrice: 695000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Number Of Buildings: 1
  • Stories: 2

Exterior Features

  • Roof: Other Roof/Roof Structure, Other
  • Construction Type: CBS Construction
  • Disclosures: Disclosure
  • Lot Features: City Location
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Palm Club Apartments
  • Parking Features: Common
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: Central Individual A/C
  • Cooling Y N: Yes
  • Electric: Separate Meters
  • Electricity On Property: Yes
  • Security: Smoke Alarm, Smoke Detector(s), Smoke Detector

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 494202142340
  • Current Use: Income Non-Waterfront
  • Lot Size Sq Ft: 4175
  • Zoning: RM-20

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 44108
  • Insurance Expense: 3900
  • Annual Gross Income: 75660
  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Annual Operating Expense: 32752
  • Total Actual Rent: 75660

Tax Info

  • Tax Year: 2015
  • New Taxes Expense: 6596
  • Tax Annual Amount: 6870
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/01/2017 03/01/17 Sold $695,000 -5.7% --
01/30/2017 01/30/17 Pending -- -- --
08/29/2016 08/29/16 For Sale $737,000 0.0% --
11/01/2014 11/01/14 Rented $950 0.0% --
10/02/2014 10/02/14 Under Contract -- -- --
09/28/2014 09/28/14 For Rent $950 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $20,269 $937,310 $54,320 $882,990
2025 $18,480 $885,010 -- --
2024 $21,232 $804,560 $54,320 $750,240
2023 $21,232 $923,840 $54,320 $869,520
2022 $17,816 $647,620 $0 $0
2021 $13,746 $588,750 $0 $0
2020 $12,193 $535,230 $54,320 $480,910
2019 $12,277 $535,230 $54,320 $480,910
2018 $11,468 $506,370 $54,320 $452,050
2017 $8,288 $332,310 $0 $0
2016 $7,464 $302,100 $0 $0
2015 $6,870 $274,640 $0 $0
2014 $6,300 $249,680 $0 $0
2013 -- $264,960 $54,320 $210,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: F10028474

MIAMI REALTORS® MLS
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