NOT LISTED FOR SALE

220222 NW 48th Ct Miami, FL 33126

Flagami Neighborhood

Estimated Value: $911,000 - $1,159,249

9 Beds
6 Baths
5,487 Sq Ft
$198/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $1,100,000 $200 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,365/month

58 Days on Market

Highlights

  • Old Spanish Architecture
  • No HOA
  • Heating Available
  • Coral Gables Senior High School Rated A-
  • Cooling Available

About This Home

As of August 2023

Incredible Miami Duplex with Prime Location and excellent potential- Quick reposition to 8.5% Cap. The property has 9 bedrooms and 7.5 Bathrooms and is well maintained with long term quality Tenants. Welcome to this remarkable duplex, strategically positioned near the airport in Miami, offering unparalleled convenience and an exceptional investment opportunity. With its proximity to transportation hubs, shopping destinations, and recreational facilities, this property is perfectly suited for those seeking both convenience and long-term returns. (It has a non-conforming use with 5 units)

Last Agent to Sell the Property

Claudia Del Toro

Cervera Real Estate Inc. License #3100027 Listed on: 06/20/2023

Cervera Real Estate Inc.

Last Buyer's Agent

Claudia Del Toro

Cervera Real Estate Inc. License #3100027 Listed on: 06/20/2023

Cervera Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,968

Year Built

  • Built in 1955

Lot Details

  • 9,060

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Old Spanish Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,487 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • 3Rd Addn To Pinehurst Vil Condos
  • 3Rd Addn To Pinehurst Vil Subdivision

Listing and Financial Details

  • Rent includes electricity
  • Assessor Parcel Number 01-41-06-019-0400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,968

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Duplex
  • Architectural Style: Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: 3RD ADDN TO PINEHURST VIL
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 5487
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 3RD ADDN TO PINEHURST VIL
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • 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: 01-41-06-019-0400
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12968

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 17, 2023
Sold by
Marmol Francisco Lagos and Paloma Maria
Bought by
Rsbm Global Investment Llc
Seller's Agent
Claudia Del Toro
Cervera Real Estate Inc.
Buyer's Agent
Claudia Del Toro
Cervera Real Estate Inc.
List Price
$1,145,000
Sold Price
$1,100,000
Premium/Discount to List
-$45,000
-3.93%
Views
63
Current Estimated Value
$1,085,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,688
Avg. Annual Appreciation
-0.61%

Purchase Details

Closed on
Jan 30, 2013
Sold by
Paradoa Marta L and Paradoa Santiago
Bought by
Marmol Francisco Lagos and Delacre Paloma Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 1995
Sold by
Paradoa Marta L and Paradoa Santiago
Bought by
Paradoa Marta L and Paradoa Santiago
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
Rsbm Global Investment Llc $1,100,000 The Closing Table Of Florida
Marmol Francisco Lagos $380,000 Key Intl Title & Escrow Corp
Paradoa Marta L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marmol Francisco Lagos $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $1,100,000 -3.9% $200 / Sq Ft
06/22/2023 06/22/23 Price Changed $1,145,000 0.0% $209 / Sq Ft
06/22/2023 06/22/23 For Sale $1,145,000 +4.1% $209 / Sq Ft
06/21/2023 06/21/23 Off Market $1,100,000 -- --
06/20/2023 06/20/23 For Sale $1,225,000 -- $223 / 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 $19,872 $1,018,006 $479,650 $538,356
2024 $14,199 $953,993 $452,727 $501,266
2023 $14,199 $619,081 $0 $0
2022 $12,968 $559,150 $0 $0
2021 $11,560 $508,319 $208,131 $300,188
2020 $11,658 $511,709 $208,131 $303,578
2019 $10,989 $479,195 $172,227 $306,968
2018 $10,514 $465,698 $172,227 $293,471
2017 $10,126 $438,017 $0 $0
2016 $9,659 $398,198 $0 $0
2015 $9,014 $361,999 $0 $0
2014 $8,223 $329,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Claudia Del Toro

    Seller's Agent in 2023

    Claudia Del Toro

    Cervera Real Estate Inc.

    (305) 374-3434

    2 in this area

    27 Total Sales

    Claudia Del Toro
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11405854

MIAMI REALTORS® MLS

APN: 01-4106-019-0400

Florida Miami/Dade County Miami 33126 Flagami

220222 NW 48th Ct, Miami, FL

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