$600,000
SOLD JAN 12, 2023
-- Bed
-- Bath
1,916 Sq Ft
1935 Built

Recently Sold

$313 Per Sq Ft

6% Below List Price

78 Days on Market

Highlights

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

About This Home

As of January 2023

Attention Investors or Buyers, currently at 7.5% Cap Rate. This property features two homes in one lot. The front home has 2 bedrooms and 1 bath and recently remodeled with an updated kitchen, bath, and impact windows. The rear home is a 2 bed /1 bath with a 1 bed/1 bath and can be opened to a 3 bedroom /2 bath. Currently being used as a triplex. Ideal location from Downtown Miami, great stores, restaurants, and beaches. There are two separate meters and one water meter. Perfect home for a buyer that is looking to supplement their mortgage payment. At this time all properties are fully rented.

Last Agent to Sell the Property

OrElvys Sanabria

Coldwell Banker Realty License #3046618 Listed on: 10/25/2022

Coldwell Banker Realty

Last Buyer's Agent

Yaleny Rakovsky

Withal Realty Corp License #3164899

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,119

Year Built

  • Built in 1935

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,916 Sq Ft Home
  • 1-Story Property

Flooring

  • Ceramic Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $57,000
  • Assessor Parcel Number 01-41-03-010-0350

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Norris Park Condos
  • Norris Park,Norris Park Subdivision

Building Details

  • Operating Expense $9,318
  • Net Operating Income $47,681

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,119

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1935
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: NORRIS PARK,Norris Park
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Vinyl
  • Living Area: 1916
  • Possible Use: Primary
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: NORRIS PARK
  • Total Parking Spaces: 4

Utilities

  • Sewer: Other
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-03-010-0350
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 47681
  • Number Of Units In Community: 2
  • Annual Operating Expense: 9318
  • Total Actual Rent: 57000

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Jan 12, 2023
Sold by
Castineyra Reinhard L
Bought by
Hernan Picalomino
Seller's Agent
OrElvys Sanabria
Coldwell Banker Realty
Buyer's Agent
Yaleny Rakovsky
Withal Realty Corp
List Price
$640,000
Sold Price
$600,000
Premium/Discount to List
-$40,000
-6.25%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$480,000
Outstanding Balance
$465,465
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$224,660

Purchase Details

Listed on
Sep 30, 2020
Closed on
Jan 28, 2021
Sold by
Blanco Pablo and Pablo Blanco Living Trust
Bought by
Castineyra Reinhard L
Seller's Agent
Joel Freis
Real Broker LLC
Buyer's Agent
Hugo Lopez
Universal Realty Group, LLC.
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.56%
Original Mortgage
$402,573
Interest Rate
2.6%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2019
Sold by
Blanco Pablo
Bought by
Pablo Blanco Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2011
Sold by
Blanco Pablo
Bought by
Blanco Pablo

Purchase Details

Closed on
Jun 26, 2010
Sold by
Blanco Pablo
Bought by
Regis Llc

Purchase Details

Closed on
Oct 27, 2009
Sold by
Justiniani Rolando M
Bought by
Blanco Pablo

Purchase Details

Closed on
Jan 22, 2007
Sold by
Sarabia Teresa Y
Bought by
Justiniani Rolando M
Source: Public Records

Similar Homes in the area

  • 3355 W 68th St Unit 150, Hialeah, FL 33018

    $499,999

    • 3 Beds
    • 2 Baths
    • 1,090 Sq Ft
    • 3355 W 68th St
    • Unit 150
    • Hialeah, FL

    Beautifully renovated 3-bedroom, 2-bath corner villa located in the highly desirable Los Palacios community in Hialeah. Centrally located near major highways, shopping, and dining. This home welcomes you with a spacious living and dining area, followed by a kitchen featuring granite countertops, dark cabinetry, and Samsung appliances. The bright family room opens to one of the largest backyards

    Joann Madriz Farinas Serhant

    Section Image
  • 7020 W 35th Ave Unit 121, Hialeah, FL 33018

    $460,000

    • 3 Beds
    • 2 Baths
    • 1,180 Sq Ft
    • 7020 W 35th Ave
    • Unit 121
    • Hialeah, FL

    This spectacular one story villa is located in the heart of Hialeah Gardens. Offering beautiful upgrades and everything you could want and need in a home including; tile throughout, crown molding, recessed lighting, organized closet systems, granite countertops, stainless steel appliances, a lazy Susan and an eat in island in your kitchen. Experience modern bathrooms with rainfall shower towers

    Dania Diaz RE/MAX Advance Realty

    Section Image
  • 12281 SW 121st Terrace, Miami, FL 33186

    $675,000

    • 4 Beds
    • 3 Baths
    • 2,310 Sq Ft
    • 12281 SW 121st Terrace
    • Miami, FL

    This stunning Kendall Breeze Villa "THE ROMA" 4 bedroom 3 full bathroom layout that spans a vast 2,820 square feet. Upon entry, you'll be immediately impressed by the expansive family room, luxurious dining space, and chef-inspired kitchen finished with top-of-the-line appliances ,French impact doors. On the ground level, you'll discover a spacious guest bedroom with a full bathroom. The

    Andrew Tripodi The Keyes Company

    Section Image
  • 422 NW 25th Ct, Miami, FL 33125

    $710,000

    • 6 Beds
    • 4 Baths
    • 2,081 Sq Ft
    • 422 NW 25th Ct
    • Miami, FL

    ********Attention Investors! Great Opportunity********This duplex, located in the prime area of Little Havana (St. 8), offers a high-potential investment opportunity. With its unbeatable location, it promises substantial rental income that can help cover property expenses and generate strong returns.The seller is motivated and willing to assist with closing costs, making this an even

    Yuli Echazabal Santana Icon Real Estate and Associate

    Section Image
  • 1300 S Miami Ave Unit 2311, Miami, FL 33130

    $739,900

    • 2 Beds
    • 2 Baths
    • 868 Sq Ft
    • 1300 S Miami Ave
    • Unit 2311
    • Miami, FL

    Step inside this spectacular unit featuring incredible city views. Enjoy luxury living with stunning amenities on a prime corner in Brickell. Your primary bedroom offers a walk-in custom closet, dual vanity, and jacuzzi tub. Your secondary serves as a great work from home space or of course; second bedroom with a full bathroom and custom closet. Your bright, open living space offers a relaxing

    Ryan Kelly Douglas Elliman

    Section Image
  • 6311 NW 17th Ave, Miami, FL 33147

    $679,999

    • 4 Beds
    • 3 Baths
    • 1,680 Sq Ft
    • 6311 NW 17th Ave
    • Miami, FL

    Duplex. Great opportunity to own this two dwellings 4beds 3 baths income property in the well desired Miami Florida, with a location of less than 10 minutes from I-95. You can live on one side and rent the other. One dwelling is a 3beds 2baths, the other is a 1bed 1 bath, tiles throughout the units, home is surrounded by a chain link fence, window bars are attached to the outside windows. Roof is

    Monica Harris LA ROSA REALTY PRESTIGE

    Section Image
  • 4555 SW 68th Court Cir Unit 111, Miami, FL 33155

    $560,500

    • 3 Beds
    • 2.5 Baths
    • 1,270 Sq Ft
    • 4555 SW 68th Court Cir
    • Unit 111
    • Miami, FL

    Welcome to 4555 SW 68th Court Cir, Miami, FL 33155! This stunning 3-bedroom, 2.5-bathroom home has been completely renovated downstairs, offering a modern kitchen with quartz countertops, butcher block, and some new appliances. The first-floor half bath has been remodeled, and the entire home features beautiful laminate flooring. The property also includes upgraded electrical breakers, high-speed

    Eleazar Atencio PAK Home Realty

    Section Image
  • 635 Euclid Ave Unit 229, Miami Beach, FL 33139

    $699,900

    • 2 Beds
    • 2.5 Baths
    • 1,270 Sq Ft
    • 635 Euclid Ave
    • Unit 229
    • Miami Beach, FL

    Life is better near the Beach. This is your opportunity to live a few steps from the Beach in the Center of South Beach, with just 30 Villas, you will experience privacy in a spacious setting. This 2 bedroom, 2 bathroom residence features 2 stories with Private Rooftop access to your own terrace where you can enjoy a BBQ grilling area and the most magnificent unobstructed views. JUST CONCLUDED

    Yvonne Diaz Intercoastal Realty Inc

    Section Image
  • 12204 NW 23rd Ct, Miami, FL 33167

    $533,990

    • 3 Beds
    • 2.5 Baths
    • 1,545 Sq Ft
    • 12204 NW 23rd Ct
    • Miami, FL

    Beautiful two-story home with 3 bed/2.5 bath + DEN in the Westview community. The owners have kept it practically new. The kitchen is equipped with stainless steel appliances, white cabinets, and quartz countertop. Ceramic flooring on the first floor and carpet on the second. It includes motion sensors on doors and windows, RING at the front door, and the patio is fully paved and has a tool shed.

    Inti Noriega Realty One Group Evolution

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $600,000 --
Warranty Deed $410,000 Unlimited Title Group Corp
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $300,000 Attorney
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Previous Owner $402,573 FHA
Previous Owner $172,000 Commercial
Previous Owner $145,000 Stand Alone First
Previous Owner $300,000 Balloon
Previous Owner $36,000 Unknown
Previous Owner $55,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Sale $840,000 +40.0% $441 / Sq Ft
01/12/2023 01/12/23 Sold $600,000 -6.3% $313 / Sq Ft
10/25/2022 10/25/22 For Sale $640,000 +56.1% $334 / Sq Ft
02/01/2021 02/01/21 Sold $410,000 -1.2% $214 / Sq Ft
09/14/2020 09/14/20 For Sale $415,000 -- $217 / 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 $9,618 $451,163 $273,000 $178,163
2024 $7,330 $442,165 $262,692 $179,473
2023 $7,330 $354,858 $0 $0
2022 $6,781 $334,079 $168,212 $165,867
2021 $6,119 $252,235 $136,424 $115,811
2020 $5,906 $241,639 $125,828 $115,811
2019 $5,173 $226,186 $110,375 $115,811
2018 $4,827 $226,186 $110,375 $115,811
2017 $4,268 $162,750 $0 $0
2016 $3,989 $147,955 $0 $0
2015 $3,844 $138,684 $0 $0
2014 $2,308 $108,444 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11291313

MIAMI REALTORS® MLS

APN: 01-4103-010-0350