NOT LISTED FOR SALE

19900 SW 264th St Homestead, FL 33031

Outer Homestead Neighborhood

Estimated Value: $792,181 - $895,000

5 Beds
3 Baths
2,651 Sq Ft
$318/Sq Ft Est. Value

Last Sold February 20, 2020

Last sale price $467,000 $176 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,092/month

84 Days on Market

Highlights

  • Deck
  • No HOA
  • Shed
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Outdoor Grill

About This Home

As of February 2020

A rare and valuable find! Equally attractive to multi-family Buyers as it is to Investors seeking recession-proof income; Three (legal) rental units spread across nearly 2.9 acres; this property will not last long! Rental units consist of separate and individual houses. A 1/1 home, and two 2/1 houses generate nearly $4,000 p/month on month-to-month leases. Grove trees include June Plum, Avocado, Lychee, Sapodilla, Longan, and more that generate wholesale income of $200-$400 per month (farm income could be higher if self-harvesting for retail sale)! Space abounds so bring your Boats, Trailers, and all the other toys. Redland livings at its best! No HOA. No CDD. Do not disturb tenants for any reason. Showings are limited to serious Buyers with proof of funds. Appointment Required.

Last Agent to Sell the Property

Michael Martin

CW Real Estate License #3112117 Listed on: 09/19/2019

Last Buyer's Agent

Taimy Peirallo

Florida Realty of Miami Corp License #3051870

Florida Realty of Miami Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,756

Year Built

  • Built in 1946

Lot Details

  • Fenced
  • Property is zoned 9000

Parking

  • 12 Parking Spaces

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Roof

Interior Spaces

  • 2,651 Sq Ft Home
  • 1-Story Property
  • Partially Furnished

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Deck
  • Shed
  • Outdoor Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 30-68-34-000-0040

Community Details

Overview

  • No Home Owners Association
  • Redland Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,756

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1946
  • Property Sub Type: Triplex
  • Architectural Style: Detached, Other
  • Directions: GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: REDLAND
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Other, Tile, Vinyl, Wood
  • Furnished: Partially Furnished
  • Living Area: 2651
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Concrete, Shingle
  • Exterior Features: Built-In Grill, Fruit Trees, Other
  • Construction Type: Frame, Other
  • Fencing: Fenced
  • Lot Features: 2 To Less Than 3 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: REDLAND
  • Total Parking Spaces: 12

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Green Building Features: Laundry Facility
  • Cooling: Central Air, Electric, Other, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-68-34-000-0040
  • Zoning: 9000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3756

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Feb 19, 2020
Sold by
Willis Farms Llc
Bought by
Cardenas Juan Jose
Seller's Agent
Michael Martin
CW Real Estate
Buyer's Agent
Taimy Peirallo
Florida Realty of Miami Corp
List Price
$499,995
Sold Price
$467,000
Premium/Discount to List
-$32,995
-6.6%
Current Estimated Value
$843,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,591
Avg. Annual Appreciation
10.95%
Original Mortgage
$462,000
Outstanding Balance
$409,069
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$434,522

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jun 15, 2016
Sold by
Shim Carol Anne
Bought by
Willis Farms Llc
Seller's Agent
Alison Stribling
Coldwell Banker Schmitt Key Largo
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$399,900
Sold Price
$360,000
Premium/Discount to List
-$39,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Dec 11, 2015
Sold by
Shim Carol Anne and Romney David Michael
Bought by
David & Shirley Romney Irrevocable Trust

Purchase Details

Closed on
Sep 19, 2011
Sold by
Romney David Henville and Romney Shirley Elizabeth
Bought by
Shim Carol Anne and Romney David Michael

Purchase Details

Closed on
Oct 28, 1996
Sold by
Schwimmer George W and Schwimmer Wendy S
Bought by
Romney David and Romney Shirley
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
Cardenas Juan Jose $467,000 Title Company Of Homestead
Willis Farms Llc $360,000 The Title Co Of Homestead
David & Shirley Romney Irrevocable Trust -- Attorney
Shim Carol Anne -- Attorney
Romney David $208,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardenas Juan Jose $462,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2020 02/20/20 Sold $467,000 -6.6% $176 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $499,995 +38.9% $189 / Sq Ft
06/15/2016 06/15/16 Sold $360,000 -10.0% $266 / Sq Ft View Prior Sale
05/01/2016 05/01/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $399,900 -- $296 / 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 $7,860 $394,536 -- --
2024 $7,288 $359,024 -- --
2023 $7,288 $326,740 $0 $0
2022 $6,474 $297,391 $0 $0
2021 $5,734 $270,710 $0 $0
2020 $3,982 $170,676 $0 $0
2019 $3,866 $163,691 $0 $0
2018 $3,756 $163,805 $37,375 $126,430
2017 $5,413 $163,920 $0 $0
2016 $3,701 $157,754 $0 $0
2015 $3,696 $154,331 $0 $0
2014 $3,706 $151,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Martin

    Seller's Agent in 2020

    Michael Martin

    CW Real Estate

    (786) 505-0530

    2 in this area

    6 Total Sales

    Michael Martin
    Section Image

  • T

    Buyer's Agent in 2020

    Taimy Peirallo

    Florida Realty of Miami

    Section Image

  • A

    Seller's Agent in 2016

    Alison Stribling

    Coldwell Banker Schmitt Key Largo

  • o

    Buyer's Agent in 2016

    outside mls - FKBR

    Outside Of MLS - FKBR

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10742512

MIAMI REALTORS® MLS

APN: 30-6834-000-0040

Florida Miami/Dade County Homestead 33031 Outer Homestead

19900 SW 264th St, Homestead, FL

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