NOT LISTED FOR SALE
14 Beds
14 Baths
5,828 Sq Ft
1958 Built

Sale Details

Date Sold: May 7, 2018

Last sale price $1,170,000 $201 Per Sq Ft

302 Days on Market

Highlights

  • Cooling Available
  • Terrazzo Flooring
  • Heating Available

About This Home

As of May 2018

Excellent opportunity to acquire a well located 14 unit Bldg Income Producing Bldg. Next to Hialeah Race Track, shopping & major highways. Strong desirable Rental Demand & Occupancy Ratio. Commercial Appraisal available 1,350.000 All L.O.I. & Contracts offers can be submitted by emailed to me & are all subject to Guardian & Court Approval. Please enclose Proof of Funds. All Appointment showings set with listing agent prior to Viewing, do not disturb tenants. Subject Property is subject has 3/1 bed & 11 studios also, court approval & the effective closing date is 30 days after court approval. Buyer will do all inspections and conclude within the due diligence period. all Available documents will be provided from sellers attorney.

Last Agent to Sell the Property

Victor Lerner

MMLS Assoc.-Inactive Member License #3167785 Listed on: 03/21/2017

Last Buyer's Agent

Victor Lerner

MMLS Assoc.-Inactive Member License #3167785 Listed on: 03/21/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,622

Year Built

  • Built in 1958

Parking

  • 20 Parking Spaces

Home Design

  • Quadruplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,828 Sq Ft Home
  • 2-Story Property
  • Terrazzo Flooring

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • 2 Units
  • Hialeah 10Th Addn Condos
  • Hialeah 10Th Addn Subdivision

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 04-31-07-003-0760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,622

Year Built

Built in 1958

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Quadruplex
  • Directions: Metro Rail is few blocks away great Transportation, property is also right next door to Hialeah Casino.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HIALEAH 10TH ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Spa Yn: No
  • Flooring: Other, Terrazzo
  • Living Area: 5828
  • Possible Use: Investment
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Park Building Name: HIALEAH 10TH ADDN
  • Total Parking Spaces: 20

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 04-31-07-003-0760
  • Zoning: 6400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 11622

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 14

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

Closed on
May 11, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,505,000
Interest Rate
0.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
0.027%
Mortgage Type
Balloon

Purchase Details

Listed on
Mar 21, 2017
Closed on
Apr 4, 2018
Sold by
Bought by
Seller's Agent
Victor Lerner
MMLS Assoc.-Inactive Member
Buyer's Agent
Victor Lerner
MMLS Assoc.-Inactive Member
List Price
$1,350,000
Sold Price
$1,170,000
Premium/Discount to List
-$180,000
-13.33%

Purchase Details

Closed on
Oct 20, 2013
Sold by
Bought by

Purchase Details

Closed on
May 24, 2012
Sold by
Bought by
Source: Public Records
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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
-- Kpc Title
$1,850,000 None Listed On Document
$1,175,000 None Available
$100 --
-- Attorney
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
Open $1,798,000
Closed $1,300,000
Previous Owner $1,505,000
Previous Owner $650,000
Previous Owner $800,000
Previous Owner $600,000
Previous Owner $1,300,000
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
05/07/2018 05/07/18 Sold $1,170,000 -13.3% $201 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $1,350,000 0.0% $232 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
03/20/2017 03/20/17 For Sale $1,350,000 -- $232 / 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 $33,564 $1,800,000 $604,500 $1,195,500
2024 $31,720 $1,690,000 $604,500 $1,085,500
2023 $31,720 $1,690,000 $487,500 $1,202,500
2022 $23,636 $1,260,000 $312,000 $948,000
2021 $20,548 $1,001,000 $0 $0
2020 $17,587 $910,000 $253,500 $656,500
2019 $17,631 $910,000 $253,500 $656,500
2018 $12,685 $680,000 $214,500 $465,500
2017 $12,112 $604,041 $0 $0
2016 $11,622 $549,129 $0 $0
2015 $10,101 $499,209 $0 $0
2014 $9,218 $453,827 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10243631

MIAMI REALTORS® MLS
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