NOT LISTED FOR SALE

218 SW 6th Ave Miami, FL 33130

Riverside Neighborhood

Estimated Value: $628,000 - $842,000

3 Beds
2 Baths
1,444 Sq Ft
$515/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $575,000 $398 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,766/month

68 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • No HOA
  • Patio
  • 4-minute walk to General Jose Francisco Morazan Quesada Park

About This Home

As of January 2023

LOCATION, LOCATION, LOCATION!! ***INCOME PRODUCING PROPERTY***Key West inspired Duplex located About 10 minutes from Brickell, Downtown Miami, Miami City Center and Major Hospitals. Ada Merritt K-8 (Magnet school) is within walking distance from the property. Property features: wood flooring, tile in the kitchen and bathrooms, spacious common areas, decorative exterior fence and READY TO MOVE-IN. ZONED T-4. Front unit is 2 Bedrooms/1 Bathroom. Rear unit is 1 Bedroom/1 Bathroom. ***ROOF REPLACED IN 2017*** Property is tenant-occupied on a month-to-month basis. ***DO NOT DISTURB TENANTS***All appointments to see the property are required within 24 Hours Notice. No exceptions.

Last Agent to Sell the Property

Lilian Carballo

Homeland Capital Realty License #3354841 Listed on: 11/10/2022

Last Buyer's Agent

Silvia Yaniz

One Sotheby's International Realty License #3110009

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,556

Year Built

  • Built in 1930

Lot Details

  • 5,009

Parking

  • 2 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,444 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Energy-Efficient HVAC
  • Property is zoned 3900

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 01-02-02-010-1030

Community Details

Overview

  • No Home Owners Association
  • City Of Miami South Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,556

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1930
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: CITY OF MIAMI SOUTH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Living Area: 1444
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights, Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CITY OF MIAMI SOUTH
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-02-02-010-1030
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6556

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Jan 20, 2023
Sold by
Ocean Blue Investment Group Llc
Bought by
Ng 218 Holding Llc
Seller's Agent
Lilian Carballo
Homeland Capital Realty
Buyer's Agent
Silvia Yaniz
One Sotheby's International Realty
List Price
$699,000
Sold Price
$575,000
Premium/Discount to List
-$124,000
-17.74%
Views
7
Current Estimated Value
$743,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,406
Avg. Annual Appreciation
9.07%

Purchase Details

Listed on
Sep 3, 2013
Closed on
Apr 6, 2014
Sold by
Morales Hugo and Borges Jorge
Bought by
Ocean Blue Investment Group Llc
Seller's Agent
Catherine Upegui
La Playa Properties Group Inc
Buyer's Agent
Catherine Upegui
La Playa Properties Group Inc
List Price
$238,000
Sold Price
$140,000
Premium/Discount to List
-$98,000
-41.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.44%

Purchase Details

Closed on
Nov 6, 1996
Sold by
Otto and Blanco Yolanda
Bought by
Morales Hugo and Morales Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ng 218 Holding Llc $575,000 --
Ocean Blue Investment Group Llc $140,000 Attorney
Morales Hugo $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Hugo $50,000
Previous Owner Morales Hugo $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2023 01/20/23 Sold $575,000 -17.7% $398 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
11/10/2022 11/10/22 For Sale $699,000 +399.3% $484 / Sq Ft
04/07/2014 04/07/14 Sold $140,000 -41.2% $90 / Sq Ft View Prior Sale
03/22/2014 03/22/14 Pending -- -- --
08/29/2013 08/29/13 For Sale $238,000 -- $154 / 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 $10,545 $537,273 -- --
2024 $8,168 $488,430 $440,000 $48,430
2023 $8,168 $298,281 $0 $0
2022 $6,937 $265,831 $0 $0
2021 $6,759 $241,665 $0 $0
2020 $6,476 $365,077 $300,000 $65,077
2019 $5,491 $265,089 $200,000 $65,089
2018 $5,125 $265,102 $200,000 $65,102
2017 $4,956 $165,062 $0 $0
2016 $4,512 $150,057 $0 $0
2015 $3,793 $136,416 $0 $0
2014 $2,881 $84,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lilian Carballo

    Homeland Capital Realty

    Section Image
  • Silvia Yaniz

    Buyer's Agent in 2023

    Silvia Yaniz

    One Sotheby's International Realty

    (305) 898-7960

    1 in this area

    40 Total Sales

    Silvia Yaniz
    Section Image
  • Catherine Upegui

    Seller's Agent in 2014

    Catherine Upegui

    La Playa Properties Group Inc

    (305) 794-6366

    1 in this area

    5 Total Sales

    Catherine Upegui
    Section Image

  • H

    Seller Co-Listing Agent in 2014

    Hugo Morales

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11301470

MIAMI REALTORS® MLS

APN: 01-0202-010-1030

Florida Miami/Dade County Miami 33130 Riverside

218 SW 6th Ave, Miami, FL

Not Listed for Sale

Detached

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