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

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

Parking

  • 6 Parking Spaces
  • Open Parking

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.
  • MIAMIRE_EfficiencyYN: No
  • MIAMIRE_EfficiencyYN: No
  • Special Features: None
  • Stories: 2

Interior Features

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

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
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking

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

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

Listed on
Sep 6, 2011
Closed on
Aug 1, 2012
Sold by
Bought by
Seller's Agent
Robert Wallace
MMLS Assoc.-Inactive Member
Buyer's Agent
Karen Loria
United Realty Group Inc
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$525,000 None Available
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
Closed $195,000
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
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

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 $25,254 $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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1546831

MIAMI REALTORS® MLS
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