NOT LISTED FOR SALE

Estimated Value: $701,000 - $962,000

-- Bed
-- Bath
3,672 Sq Ft
$234/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $550,000 $150 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,645/month

232 Days on Market

Highlights

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

About This Home

As of November 2018

A SPLENDID 3-PLEX WITH 3,800 SF, HUGE! 3/2, 3/2 & 2/1 PLUS DEN (OR EXTRA BEDROOM) FREE STANDING HOME. IN THE HEART OF HOLLYWOOD. ANNUAL RENTALS WITH LONG TERM TENANTS BRINGING IN $4,300 MONTHLY/$51,600 ANNUALLY. AS THE NUMBERS THAT'S ONLY $160 PSF & THE EXISTING RENTS PAY 5.58%CAP RATE. BASED ON COMPETITIVE RENTS THAT NUMBER CAN BE AT 6.55% CAPITALIZATION RATE...SIMPLY DONE. SO FAR SO SWEET, RIGHT? THE ROOF IS 10YRS NEW. EACH UNIT HAS WASHER/DRYER. LET'S GET YOU INSIDE AND HAVE A LOOK. THE 2/1 HOME WAS BUILT IN '45 & WAS COMPLETELY UPGRADED IN '90; NEW ELECTRIC, CIRCUIT BREAKERS, WIRING, PLUMBING & DRAIN LINES, IT HAS IT'S OWN WATER/SEWER & GARBAGE BILL. AND THE 2-3/2'S WERE BUILT IN 1990, THEY HAVE THEIR SEPARATE ELECTRIC METERS, BUT 1 WATER/GARBAGE BILL.

Last Agent to Sell the Property

Ron Yanks

The Keyes Company License #0449580 Listed on: 03/16/2018

The Keyes Company

Last Buyer's Agent

Miri Epstein

Miri Sells Miami, LLC License #0533177

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,829

Year Built

  • Built in 1990

Lot Details

  • 0.25

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,672 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $52,800
  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 514215013420

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Hollywood Condos
  • Hollywood,3700Sf Tri Plex Subdivision, 3 Plex Floorplan

Building Details

  • Operating Expense $18,217
  • Net Operating Income $34,583

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,829

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1990
  • Property Sub Type: Triplex
  • Architectural Style: Attached
  • Directions: JUST NORTH OF HOLLYWOOD BLVD. 2 BLOCKS WEST OF US1/FEDERAL
  • Horses: No
  • Master Model: 3-PLEX
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: HOLLYWOOD,3700SF TRI-PLEX
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 3672
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: HOLLYWOOD
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • 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: 514215013420
  • Zoning: RMCRA54
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 34583
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 18217
  • Total Actual Rent: 52800

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7829

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Dec 10, 2018
Sold by
Benitah Eran
Bought by
Parnasa57 Llc
Seller's Agent
Ron Yanks
The Keyes Company
Buyer's Agent
Miri Epstein
Miri Sells Miami, LLC
List Price
$619,000
Sold Price
$550,000
Premium/Discount to List
-$69,000
-11.15%
Current Estimated Value
$860,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,609
Avg. Annual Appreciation
6.65%

Purchase Details

Listed on
Mar 16, 2018
Closed on
Nov 15, 2018
Sold by
Szakall Susan K
Bought by
Benitah Eran
Seller's Agent
Ron Yanks
The Keyes Company
Buyer's Agent
Miri Epstein
Miri Sells Miami, LLC
List Price
$619,000
Sold Price
$550,000
Premium/Discount to List
-$69,000
-11.15%

Purchase Details

Closed on
Sep 1, 1989
Sold by
Available Not
Bought by
Available Not
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
Parnasa57 Llc -- None Available
Benitah Eran $550,000 Attorney
Available Not $56,571 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2018 11/15/18 Sold $550,000 -6.7% $150 / Sq Ft
10/24/2018 10/24/18 Price Changed $589,444 -1.5% $161 / Sq Ft
08/13/2018 08/13/18 Price Changed $598,444 -3.3% $163 / Sq Ft
03/15/2018 03/15/18 For Sale $619,000 -- $169 / 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 $13,410 $608,090 $98,160 $509,930
2024 $12,277 $593,410 $98,160 $495,250
2023 $12,277 $532,950 $98,160 $434,790
2022 $11,449 $504,450 $98,160 $406,290
2021 $11,504 $504,450 $98,160 $406,290
2020 $11,501 $504,450 $98,160 $406,290
2019 $11,258 $485,450 $98,160 $387,290
2018 $8,759 $424,130 $98,160 $325,970
2017 $7,829 $323,960 $0 $0
2016 $7,224 $294,510 $0 $0
2015 $6,593 $267,740 $0 $0
2014 $6,125 $243,400 $0 $0
2013 -- $234,840 $98,160 $136,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10436330

MIAMI REALTORS® MLS

APN: 51-42-15-01-3420