NOT LISTED FOR SALE

Estimated Value: $522,000 - $607,000

4 Beds
2 Baths
1,815 Sq Ft
$309/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $188,500 $104 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $3,645/month

88 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Central Heating and Cooling System
  • Home fronts a canal
  • Tile Flooring
  • 3-minute walk to Ann Herman Park

About This Home

As of February 2015

Very well maintained duplex on a canal and street with little traffic. Owner has had the same tenants since 2009. Both units have their own individual Water meter, electric meter,central air unit, 1 car garage fully air conditioned, fenced in back yard, a nd washer/dryer .The market rent for these units is $1200 each which puts the owner over 10% cap.. Taxes and insurance are the only expenses the landlord have .Completely a turn key investment.

Last Agent to Sell the Property

Joseph DiGirolamo

Triangle Properties, Inc. License #3255495 Listed on: 10/09/2014

Last Buyer's Agent

Barbara Lazega

Beachfront Realty Inc License #0434805

Beachfront Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1974 | Newly Remodeled

Lot Details

  • 95 Ft Wide Lot
  • Home fronts a canal

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,815 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $28,800
  • Rent includes gardener
  • Assessor Parcel Number 504217340070

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Rohan Acres Replat Condos
  • Rohan Acres Replat Subdivision

Building Details

  • Operating Expense $7,328
  • Net Operating Income $21,472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,322

Year Built

Built in 1974 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Property Sub Type: Duplex
  • Architectural Style: Attached, Ranch
  • Directions: DAVIE BLVD SOUTH ON 31ST, EAST ON 17TH AND SOUTH ON SW 29TH AVE
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: ROHAN ACRES REPLAT
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1815
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ROHAN ACRES REPLAT
  • 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: 504217340070
  • Zoning: MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Multi Family

  • Net Operating Income: 21472
  • Number Of Units In Community: 4
  • Number Of Units Total: 2
  • Annual Operating Expense: 7328
  • Total Actual Rent: 28800

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2014
Closed on
Feb 4, 2015
Sold by
Rosenthal Alan
Bought by
Small Claims Solutions Inc
Seller's Agent
Joseph DiGirolamo
Triangle Properties, Inc.
Buyer's Agent
Barbara Lazega
Beachfront Realty Inc
List Price
$205,000
Sold Price
$188,500
Premium/Discount to List
-$16,500
-8.05%
Current Estimated Value
$560,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,795
Avg. Annual Appreciation
10.69%

Purchase Details

Closed on
Jul 6, 2009
Sold by
Montiglio Celia
Bought by
Rosenthal Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,672
Interest Rate
5.53%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2009
Sold by
Savage Carol
Bought by
Montiglio Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 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
Small Claims Solutions Inc $188,500 Attorney
Rosenthal Alan $166,000 None Available
Montiglio Celia $100,000 Attorney
Available Not $7,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosenthal Alan $162,672
Previous Owner Montiglio Celia $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2015 02/06/15 Sold $188,500 -8.0% $104 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
10/09/2014 10/09/14 For Sale $205,000 -- $113 / 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 -- $418,030 $68,120 $349,910
2024 $8,487 $447,790 $68,120 $379,670
2023 $8,487 $373,840 $0 $0
2022 $7,487 $339,860 $0 $0
2021 $6,867 $308,970 $0 $0
2020 $6,303 $280,890 $68,120 $212,770
2019 $5,713 $274,020 $68,120 $205,900
2018 $5,104 $262,600 $68,120 $194,480
2017 $4,737 $225,130 $0 $0
2016 $4,412 $204,670 $0 $0
2015 $3,904 $176,150 $0 $0
2014 $3,662 $160,770 $0 $0
2013 -- $151,030 $68,120 $82,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2017388

MIAMI REALTORS® MLS

APN: 50-42-17-34-0070