NOT LISTED FOR SALE
5 Beds
4 Baths
2,399 Sq Ft
1937 Built

Sale Details

Date Sold: August 15, 2012

Last sale price $525,000 $219 Per Sq Ft

326 Days on Market

Highlights

  • Old Spanish Architecture
  • No HOA
  • Cooling Available
  • Coconut Grove Elementary School Rated A
  • Oversized Lot
  • Tile Flooring

About This Home

As of August 2012

Coconut Grove Rental Income Property with four apts. Private North Grove Location. Extra Large Lot with 2 Blogs, each two stories. Other income properties available.

Last Agent to Sell the Property

Robert Wallace

MMLS Assoc.-Inactive Member License #0392847 Listed on: 09/06/2011

Last Buyer's Agent

Karen Loria

United Realty Group Inc License #3220994

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,827

Year Built

  • Built in 1937

Lot Details

  • Oversized Lot

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Old Spanish Architecture
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,399 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $48,000
  • Rent includes gardener, sewer, water
  • Assessor Parcel Number 01-41-15-024-0930

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Biscayne Park Terrace Condos
  • Biscayne Park Terrace Subdivision

Building Details

  • Operating Expense $12,028
  • Net Operating Income $35,972

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,827

Year Built

Built in 1937

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1937
  • Property Sub Type: Quadruplex
  • Architectural Style: Old Spanish
  • Directions: SW 22 AVE TO SECOFFEE ST. TO 2107 SECOFFEE.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: BISCAYNE PARK TERRACE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Pending
  • CurrentPrice: 525000
  • InternetRemarks: Coconut Grove 4 Unit Rental Income Property.
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 2399
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Composition Roll, Other
  • Construction Type: CBS Construction, Frame With Stucco
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Oversized Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BISCAYNE PARK TERRACE
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-15-024-0930
  • Zoning: R3

Rental Info

  • Rent Includes: Gardener, Sewer, Water

Multi Family

  • Net Operating Income: 35972
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 12028
  • Total Actual Rent: 48000

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 9827
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

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2012 08/15/12 Sold $525,000 -8.7% $219 / Sq Ft
07/28/2012 07/28/12 Pending -- -- --
09/06/2011 09/06/11 For Sale $575,000 -- $240 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $24,517 $1,052,436 -- --
2024 $21,400 $956,760 -- --
2023 $21,400 $869,782 $0 $0
2022 $19,164 $790,711 $0 $0
2021 $16,413 $718,829 $583,200 $135,629
2020 $17,229 $755,396 $619,650 $135,746
2019 $16,904 $755,514 $619,650 $135,864
2018 $0 $865,016 $729,000 $136,016
2017 $14,493 $603,229 $0 $0
2016 $14,113 $548,390 $0 $0
2015 $10,310 $498,537 $0 $0
2014 $10,310 $453,216 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1546831

MIAMI REALTORS® MLS
Your Personal Tour Guide

Ask me questions while you tour the home.