$700,000
SOLD JUL 7, 2023
-- Bed
-- Bath
1,500 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$467 Per Sq Ft

12% Below List Price

65 Days on Market

Highlights

  • Old Spanish Architecture
  • Patio
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of July 2023

Beautifully renovated 4/2 duplex cash flow multi-family with 2 units 2/1 & 2/1 each unit with a beautiful fenced patio and a den. Great location! Excellent property!!!! Meticulously fully renovated with top-of-the-line Samsung appliances and gorgeous outdoor spaces. It is tenant occupied with a great ROI! LITTLE HAVANA is a Very central and upcoming location, near Brickell, Coral Gables, Coconut Grove, and a short ride to Key Biscayne and Miami Beach the duplex is equipped with a security system. DO NOT DISTURB TENANTS PLEASE. THE SELLER WILL GIVE A $5,000.00 BONUS TO THE BUYER'S AGENT WITH A FULL-PRICE OFFER :)
Agents must provide proof of funds and / or Pre-Qualification Letter from Prospect prior or when making the showing appt. Thank you.

Last Agent to Sell the Property

Marcella Duque

LPT Realty, LLC License #3119777 Listed on: 05/02/2023

LPT Realty, LLC

Last Buyer's Agent

Wesley Ulloa

Luxe Properties License #3192493

Luxe Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,348

Year Built

  • Built in 1924

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Old Spanish Architecture
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Idlewild Park Condos
  • Idlewild Park Subdivision

Listing and Financial Details

  • Total Actual Rent $4,800
  • Rent includes gardener, trash collection
  • Assessor Parcel Number 01-41-03-014-1860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,348

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Property Sub Type: Duplex
  • Architectural Style: Attached, Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: IDLEWILD PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1500
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Hurricane Shutters

Exterior Features

  • Roof: Shingle
  • Exterior Features: Other
  • Construction Type: Frame With Stucco, Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • 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: 01-41-03-014-1860
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6348

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 4800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Jul 7, 2023
Sold by
Santa Fe Homes4u Llc
Bought by
Garzon Fabian
Seller's Agent
Stephanie Chaparro
Luxe Properties
Buyer's Agent
Sherlyng Centeno
EXP Realty LLC
Sold Price
$2,850
Views
3
Current Estimated Value
$785,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,061
Avg. Annual Appreciation
5.85%
Original Mortgage
$560,000
Outstanding Balance
$547,740
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$239,671

Purchase Details

Closed on
May 28, 2019
Sold by
Duque Maria Del Pilar
Bought by
Santa Fe Homes4u Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2005
Sold by
Machado Enrique A
Bought by
Duque Maria Delpilar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 14, 2002
Sold by
Million Au Aaa I
Bought by
Machado Enrique A
Source: Public Records

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Range of Values:

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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 $700,000 Zillow Closing Services
Quit Claim Deed -- Title Specialists Of Gulf Co
Warranty Deed $220,000 Title Search Inc
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $225,000 Commercial
Previous Owner $132,000 Commercial
Previous Owner $300,000 Unknown
Previous Owner $200,000 Seller Take Back
Previous Owner $40,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Rented $2,500 -7.1% --
05/14/2024 05/14/24 Price Changed $2,690 -0.2% $3 / Sq Ft
04/18/2024 04/18/24 Price Changed $2,695 -3.6% $3 / Sq Ft
03/12/2024 03/12/24 For Rent $2,795 -1.9% --
08/04/2023 08/04/23 Rented $2,850 0.0% --
07/18/2023 07/18/23 For Rent $2,850 0.0% --
07/07/2023 07/07/23 Sold $700,000 -11.9% $467 / Sq Ft
05/02/2023 05/02/23 For Sale $795,000 -- $530 / 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 $11,810 $537,707 $360,000 $177,707
2024 $7,710 $551,571 $408,000 $143,571
2023 $7,710 $321,839 $0 $0
2022 $6,739 $289,317 $0 $0
2021 $6,348 $263,016 $216,000 $47,016
2020 $6,362 $263,019 $216,000 $47,019
2019 $4,936 $263,022 $216,000 $47,022
2018 $4,297 $215,025 $168,000 $47,025
2017 $3,881 $133,663 $0 $0
2016 $3,453 $121,512 $0 $0
2015 $3,216 $110,466 $0 $0
2014 $3,189 $105,805 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11378656

MIAMI REALTORS® MLS

APN: 01-4103-014-1860