NOT LISTED FOR SALE

211 NW 48th Place Miami, FL 33126

Flagami Neighborhood

Estimated Value: $718,262 - $862,000

5 Beds
4 Baths
2,092 Sq Ft
$385/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $525,000 $251 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,157/month

44 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Coral Gables Senior High School Rated A-
  • Central Heating and Cooling System

About This Home

As of May 2021

Currently producing $34,200 in income/year, current tenants on a the 3/2 is on month-to-month and the 2/1.5 expires in May 2021. Property can produce up to 42,000 a year with rents at current market prices. Property can produce as an AirBNB investment while you live in one unit and the other can produce up to 20k to 25k per year based on other property projections in the area. The home has remodel kitchens, hurricane shutters, both units have W/D, Original structure, no illegal additions, 12-year-old roof, all tiled. Each unit has a small backyard, all fenced. Parking for 6 cars, central a/c units, separate electricity and water meters. 7 minutes to coral gables/miracle mile and 5 minutes to Miami international Airport. Quiet neighborhood.

Last Agent to Sell the Property

Jo Hanna Saint Blancard

United Realty Group Inc License #3392733 Listed on: 02/01/2021

United Realty Group Inc

Last Buyer's Agent

Fernando Vargas

London Foster Realty License #3326752

London Foster Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,168

Year Built

  • Built in 1971

Lot Details

  • 5,314

Parking

  • 6 Parking Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 2,092 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Additional Features

  • Property is zoned 5700
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Pinehurst Villa 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-06-022-0190

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,168

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: Use Waze /GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: PINEHURST VILLA 2ND ADDN
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2092
  • Possible Use: Primary
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: PINEHURST VILLA 2ND ADDN
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-06-022-0190
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7168

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
May 14, 2021
Sold by
Pcean Truck Sales Corporation
Bought by
Vargas Fernando
Seller's Agent
Jo Hanna Saint Blancard
United Realty Group Inc
Buyer's Agent
Fernando Vargas
London Foster Realty
List Price
$530,000
Sold Price
$525,000
Premium/Discount to List
-$5,000
-0.94%
Current Estimated Value
$805,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,816
Avg. Annual Appreciation
10.08%
Original Mortgage
$420,000
Outstanding Balance
$379,428
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$426,388

Purchase Details

Closed on
Mar 31, 2017
Sold by
Berea Luz M
Bought by
Coean Truck Sales Corp
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
Vargas Fernando $525,000 None Available
Coean Truck Sales Corp $390,000 Lawyers Advantage Title Grou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Fernando $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $525,000 -0.9% $251 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $530,000 -- $253 / 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 $11,014 $537,200 $280,900 $256,300
2024 $10,206 $505,453 -- --
2023 $10,206 $459,503 $196,024 $263,479
2022 $9,547 $426,225 $159,131 $267,094
2021 $7,102 $298,516 $121,793 $176,723
2020 $7,168 $300,879 $121,793 $179,086
2019 $6,787 $282,351 $100,902 $181,449
2018 $6,515 $274,773 $100,902 $173,871
2017 $5,630 $229,892 $0 $0
2016 $5,453 $215,020 $0 $0
2015 $5,427 $202,792 $0 $0
2014 $4,941 $184,357 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jo Hanna Saint Blancard

    Seller's Agent in 2021

    Jo Hanna Saint Blancard

    United Realty Group Inc

    (786) 443-0677

    2 in this area

    72 Total Sales

    Jo Hanna Saint Blancard
    Section Image

  • F

    Buyer's Agent in 2021

    Fernando Vargas

    London Foster Realty

    (305) 514-0100

    1 in this area

    10 Total Sales

    Fernando Vargas
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10991895

MIAMI REALTORS® MLS

APN: 01-4106-022-0190

Florida Miami/Dade County Miami 33126 Flagami

211 NW 48th Place, Miami, FL

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