NOT LISTED FOR SALE

Estimated Value: $995,000 - $2,690,000

8 Beds
8 Baths
5,016 Sq Ft
$344/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $675,000 $135 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $9,483/month

62 Days on Market

Highlights

  • Newly Remodeled
  • Ceramic Tile Flooring
  • Heating Available
  • No HOA
  • Central Air
  • 4-minute walk to Biscayne Gardens Park

About This Home

As of December 2018

Do not miss this great fourplex building, fully rented, constructed in 2004, very spacious units in good condition,2 parking spaces per unit. All units with separate folio numbers. Annual Gross Income of $ 72,936, CAP rate 7.%. Tenants pay water and power, Seller pays, insurance, taxes, pest control, and lawn care. The area is a process of renovations and new construction. close to I 95 and Aventura.

Last Agent to Sell the Property

santiago salazar

Sigma Real Estate & Investment License #0632780 Listed on: 09/20/2018

Last Buyer's Agent

santiago salazar

Sigma Real Estate & Investment License #0632780 Listed on: 09/20/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,375

Year Built

  • Built in 2004 | Newly Remodeled

Lot Details

  • 0.44

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Tile Roof

Interior Spaces

  • 5,016 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Biscayne Gardens 1 Condo
  • Biscayne Gardens 1 Condo Subdivision

Listing and Financial Details

  • Total Actual Rent $72,600
  • Rent includes gardener, pest control
  • Assessor Parcel Number 30-21-13-038-0010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,375

Year Built

Built in 2004 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2004
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: BISCAYNE GARDENS 1 CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 5016
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BISCAYNE GARDENS 1 CONDO
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-21-13-038-0010
  • Zoning: 3700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7375

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Total Actual Rent: 72600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Dec 20, 2018
Sold by
Ultracow Llc
Bought by
Arg Investment Group Llc
Seller's Agent
santiago salazar
Sigma Real Estate & Investment
Buyer's Agent
santiago salazar
Sigma Real Estate & Investment
List Price
$719,000
Sold Price
$675,000
Premium/Discount to List
-$44,000
-6.12%
Current Estimated Value
$1,723,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,048,333
Avg. Annual Appreciation
16.30%

Purchase Details

Closed on
Apr 23, 2002
Sold by
Norman Laporte Realty Dbp Ct C
Bought by
Wynwood Investment Group Inc
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
Arg Investment Group Llc $675,000 Preferred Title & Escrow Inc
Wynwood Investment Group Inc $127,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $675,000 -7.4% $135 / Sq Ft
09/24/2018 09/24/18 Price Changed $729,000 +1.4% $145 / Sq Ft
09/20/2018 09/20/18 For Sale $719,000 -- $143 / 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 $1,116 $735,080 $531,496 $203,584
2024 $876 $687,976 $531,496 $156,480
2023 $876 $687,976 $531,496 $156,480
2022 $11,541 $629,303 $474,550 $154,753
2021 $11,402 $603,562 $170,838 $432,724
2020 $11,520 $608,480 $170,838 $437,642
2019 $10,865 $613,668 $189,820 $423,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10541302

MIAMI REALTORS® MLS

APN: 30-2113-001-1080