NOT LISTED FOR SALE

1968 NW 25th Ave Miami, FL 33125

Allapattah Neighborhood

Estimated Value: $1,259,000 - $1,542,000

8 Beds
4 Baths
5,328 Sq Ft
$266/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $1,290,000 $242 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,571/month

14 Days on Market

Highlights

  • Boat Ramp
  • Room in yard for a pool
  • No HOA
  • New Construction
  • Wood Flooring
  • Balcony

About This Home

As of November 2022

CLICK ON VIRTUAL TOUR LINK TO SEE VIDEO>>>This incomparable 4,248 sf NEW construction investment opportunity by The Miami River collects $7,000 a month. This Turn Key duplex features separate electric/water meters, high impact windows/doors, Samsung graphite steel appliances including indoor washer/Dryer, wood cabinetry with quartz counter tops, NEW 24'X 36' porcelain flooring, NEW wood flooring, glass showers, 3 balconies/1 car garage per unit. Live or own an income producing property in a high demand area with upcoming new developments. Conveniently located near highway access, NW S River Drive, the New River landing Shops, Miami's Heath District and restaurants on the river. Proximity to Wynwood, Design District, Museums, Art Galleries, Marlins Stadium and Airport.

Last Agent to Sell the Property

Alan Llaguno

Synergy Realty Advisors License #3193469 Listed on: 03/25/2022

Last Buyer's Agent

Alan Llaguno

Synergy Realty Advisors License #3193469 Listed on: 03/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,984

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 6,316

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 5,328 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods

Flooring

  • Wood
  • Tile

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • Room in yard for a pool
  • Boat Ramp
  • Balcony

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $7,000
  • Assessor Parcel Number 01-31-34-034-0270

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • River Park Condos
  • River Park Subdivision

Recreation

  • Boat Ramp

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,984

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2021
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • Inclusions: Community Boat Ramp, Community Ramp,Ramp
  • New Construction: Yes
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: RIVER PARK
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Spa Yn: No
  • Door Features: High Impact Doors
  • Flooring: Other, Tile, Wood
  • Living Area: 5328
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Complete Impact Glass, Drapes, High Impact Windows, Impact Glass

Exterior Features

  • Roof: Concrete
  • Exterior Features: Balcony, Room For Pool
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVER PARK
  • Total Parking Spaces: 6

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: 01-31-34-034-0270
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2984

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 7000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Sep 29, 2022
Sold by
Construccion And Inversion Miami Llc
Bought by
1968 Nw 25Th Ave Llc
Seller's Agent
Alan Llaguno
Synergy Realty Advisors
Buyer's Agent
Alan Llaguno
Synergy Realty Advisors
List Price
$1,325,000
Sold Price
$1,290,000
Premium/Discount to List
-$35,000
-2.64%
Views
2
Current Estimated Value
$1,415,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,749
Avg. Annual Appreciation
4.52%
Original Mortgage
$967,500
Outstanding Balance
$927,372
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$530,127

Purchase Details

Closed on
Jun 25, 2021
Sold by
Terceros Miguel John Velasco
Bought by
Argote Brenda Velasco

Purchase Details

Closed on
Mar 17, 2021
Sold by
Woridwind Investment Group Llc
Bought by
Terceros Miguel John Velasco

Purchase Details

Closed on
Sep 29, 2019
Sold by
Lopez Denis A
Bought by
Worldwind Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
13%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 20, 2019
Sold by
Lopez Denis A
Bought by
Worldwmd Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
13%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 18, 2018
Sold by
Hon Constructon & Development Inc
Bought by
Lopez Denis A

Purchase Details

Closed on
Apr 11, 2017
Sold by
Lopez Denis A
Bought by
Hon Construction & Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.3%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 23, 2013
Sold by
Portillo Jose T
Bought by
Lopez Denis A

Purchase Details

Closed on
Dec 23, 2011
Sold by
Rodriguez Roig Andre
Bought by
Portillo Jose

Purchase Details

Closed on
Sep 20, 2010
Sold by
Deutsche Bank Trust Company Americas
Bought by
Roig Andre Rodriguez

Purchase Details

Closed on
Feb 14, 2008
Sold by
Rodriguez Zailis
Bought by
Deutsche Bank Trust Co Americas

Purchase Details

Closed on
Aug 4, 2006
Sold by
Rojo Silvano
Bought by
Rodriguez Zailis

Purchase Details

Closed on
Dec 15, 2005
Sold by
Hernandez Aida Rojo
Bought by
Rojo Silvano

Purchase Details

Closed on
Aug 24, 2005
Sold by
Hernandez Francisco N and Hernandez Aida Rojo
Bought by
Hernandez Aida Rojo

Purchase Details

Closed on
Oct 15, 1998
Sold by
Hernandez Marta N
Bought by
Hernandez Francisco N and Hernandez Aida R
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
1968 Nw 25Th Ave Llc $1,290,000 Nu World Title
Argote Brenda Velasco $100,000 First American Title
Terceros Miguel John Velasco $550,000 Creative Title Services Inc
Worldwind Investment Group Llc -- None Available
Worldwmd Investment Group Llc -- None Available
Lopez Denis A -- None Available
Hon Construction & Development Inc -- Attorney
Lopez Denis A $15,000 Attorney
Portillo Jose $30,000 South Coast Title Co
Roig Andre Rodriguez $33,000 Premium Title Services Inc
Deutsche Bank Trust Co Americas -- None Available
Rodriguez Zailis $370,000 None Available
Rojo Silvano $255,000 None Available
Hernandez Aida Rojo -- --
Hernandez Francisco N $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1968 Nw 25Th Ave Llc $967,500
Previous Owner World Wind Investment Group Llc $75,000
Previous Owner Lopez Denis A $200,000
Previous Owner Lopez Denis A $260,000
Previous Owner Hon Construction & Development Inc $100,000
Previous Owner Lopez Denis A $30,000
Previous Owner Lopez Denis A $35,000
Previous Owner Rodriguez Zailis $296,000
Previous Owner Hernandez Aida Rojo $255,000
Previous Owner Hernandez Francisco N $140,000
Previous Owner Hernandez Francisco N $91,350
Previous Owner Hernandez Francisco N $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $1,290,000 -2.6% $242 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $1,325,000 -- $249 / 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 $22,279 $1,109,433 $252,000 $857,433
2024 $21,874 $1,074,173 $207,900 $866,273
2023 $21,874 $1,064,112 $189,000 $875,112
2022 $15,541 $753,862 $154,350 $599,512
2021 $2,984 $135,135 $0 $0
2020 $2,616 $122,850 $122,850 $0
2019 $2,353 $110,250 $110,250 $0
2018 $2,309 $110,250 $110,250 $0
2017 $1,362 $57,172 $0 $0
2016 $1,221 $51,975 $0 $0
2015 $1,811 $47,250 $0 $0
2014 $2,046 $97,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Alan Llaguno

    Synergy Realty Advisors

    (305) 662-7325

    2 in this area

    7 Total Sales

    Alan Llaguno
    Section Image
  • Pamela Piedrahita

    Buyer Co-Listing Agent in 2022

    Pamela Piedrahita

    Aura Realty, LLC.

    (786) 487-3154

    1 in this area

    25 Total Sales

    Pamela Piedrahita
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11178952

MIAMI REALTORS® MLS

APN: 01-3134-034-0270

Florida Miami/Dade County Miami 33125 Allapattah

1968 NW 25th Ave, Miami, FL

This home is located at 1968 NW 25th Ave, Miami, FL 33125 since 25 March 2022 and is currently estimated at $1,415,749, approximately $265 per square foot. This property was built in 2021. 1968 NW 25th Ave is a home located in Miami-Dade County with nearby schools including Comstock Elementary School, Brownsville Middle School, and Miami Jackson Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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