NOT LISTED FOR SALE

Estimated Value: $320,000 - $344,948

2 Beds
2 Baths
989 Sq Ft
$334/Sq Ft Est. Value

Sale Details

Date Sold: September 21, 2021

Last sale price $1,220,000 $1,234 Per Sq Ft

Current estimated payment $4,592 / mo

138 Days on Market

Highlights

  • Dock Available
  • Home fronts a canal
  • Central Heating and Cooling System
  • Built in 1959 | Newly Remodeled

About This Home

As of September 2021

This is 6 units investment package. Units are part of 10 units condo building. Please see attachment for cap rate calculations.
All units are well kept and in great shape. Every unit has central ac and washer and dryer. All except one unit are rented with excellent long term tenants in place and package is already generating cash flow.
There is one both slip assigned to the unit 10.
Building recently passed 50 years recertification and invested in improvements that are already paid for.
Call listing agent for more details.
Please don't disturb tenants or visit property without listing agent.
Again this is not whole building. It is 6 units as part of 10 units building.

Last Agent to Sell the Property

Ilija Bajovic

MMLS Assoc.-Inactive Member License #3313667 Listed on: 01/22/2021

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Orlando Perez

Stonemason Realty, LLC License #3133673

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,793

Year Built

  • Built in 1959 | Newly Remodeled

Lot Details

  • 40 Ft Wide Lot
  • Home fronts a canal

HOA Fees

  • $2,437 Monthly HOA Fees

Home Design

  • Quadruplex

Interior Spaces

  • 989 Sq Ft Home
  • 2-Story Property

Additional Features

  • Dock Available
  • Central Heating and Cooling System

Community Details

  • Lucy Condo
  • Lucy Condo Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 02-32-10-053-0100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,793

Year Built

Built in 1959 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$2,437 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • Inclusions: Dock Available, Dock Available
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LUCY CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 989
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Other
  • Lot Features: Other Lot Description
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: LUCY CONDO

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2437
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-10-053-0100
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13793

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2021
Sold by
Bought by
Current Estimated Value
$330,237

Purchase Details

Closed on
Sep 21, 2020
Sold by
Bought by

Purchase Details

Closed on
Jan 14, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 11, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 3, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 2004
Sold by
Bought by

Purchase Details

Closed on
May 19, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
10%
Mortgage Type
Stand Alone Second
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
$200,000 Excellence Title Agency Inc
$115,000 Excellence Title Agency Inc
$324,000 Emerald Title Group Inc
$148,000 --
$66,000 --
$21,000 --
$69,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $259,200
Previous Owner $15,000
Previous Owner $138,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/21/2021 09/21/21 Sold $1,220,000 -5.4% $1,234 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $1,290,000 -- $1,304 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,111 $195,580
2024 $3,906 $177,800
2023 $3,906 $182,030 $0 $0
2022 $3,420 $182,030 $0 $0
2021 $3,224 $167,000 $0 $0
2020 $3,272 $169,000 $0 $0
2019 $3,411 $176,000 $0 $0
2018 $3,138 $176,000 $0 $0
2017 $2,895 $147,048 $0 $0
2016 $2,896 $133,680 $0 $0
2015 $2,702 $121,528 $0 $0
2014 $2,245 $110,480 $0 $0
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10987517

MIAMI REALTORS® MLS

APN: 02-3210-053-0100

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