NOT LISTED FOR SALE
8 Beds
4 Baths
2,952 Sq Ft
1972 Built

Sale Details

Date Sold: October 14, 2020

Last sale price $695,000 $235 Per Sq Ft

192 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2020

Two Story Four-Plex located in desired Allapattah neighborhood. Operating at 7% CAP RATE located 10 minutes from Midtown, Wynwood and minutes away from major highways. This well maintained building consists of four identical 2 bed / 1 bath recently renovated units (2018) The roof was replaced in 2018, new kitchens, new bathrooms and flooring. One dedicated parking space for each unit and separate electrical meter. Tenants are all currently in a month to month basis with the landlord but eager to secure new leases. Coin Laundry machines on site managed by an outside company. Plenty of room to expand in the spacious yard. Very close to public transportation & shops

Last Agent to Sell the Property

Javier Sarabia

EXP Realty LLC License #3375473 Listed on: 02/11/2020

EXP Realty LLC

Last Buyer's Agent

Nicole Leon

Listings Center License #3288525

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,354

Year Built

  • Built in 1972

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,952 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Rosemont Park Condos
  • Rosemont Park Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 01-31-27-040-0460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,354

Year Built

Built in 1972

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: ROSEMONT PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 2952
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-27-040-0460
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6354

Multi Family

  • Number Of Units In Community: 4

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

Listed on
Feb 11, 2020
Closed on
Oct 15, 2020
Sold by
Bought by
Seller's Agent
Javier Sarabia
EXP Realty LLC
Buyer's Agent
Nicole Leon
Listings Center
List Price
$750,000
Sold Price
$695,000
Premium/Discount to List
-$55,000
-7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,250
Outstanding Balance
$453,132
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2017
Sold by
Bought by

Purchase Details

Listed on
Feb 8, 2016
Closed on
Apr 6, 2016
Sold by
Bought by
Seller's Agent
Miguel Salvat
Compass Florida, LLC
Buyer's Agent
Alvaro Hurtado
MMLS Assoc.-Inactive Member
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%

Purchase Details

Closed on
Sep 8, 2014
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
$226,700
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2008
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
$236,250
Interest Rate
6.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2008
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
$236,250
Interest Rate
6.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 2006
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
$74,000
Interest Rate
6.04%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$695,000 Micasa Title Services Inc
-- Attorney
$375,000 Attorney
-- Attorney
-- Attorney
$315,000 Attorney
$268,000 Service Link
$1,000 None Available
$370,000 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 $521,250
Previous Owner $480,000
Previous Owner $226,700
Previous Owner $236,250
Previous Owner $200,000
Previous Owner $74,000
Previous Owner $296,000
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 Prior Sale
10/14/2020 10/14/20 Sold $695,000 -4.7% $235 / Sq Ft
03/31/2020 03/31/20 Price Changed $729,000 -2.8% $247 / Sq Ft
02/11/2020 02/11/20 For Sale $750,000 +100.0% $254 / Sq Ft
04/06/2016 04/06/16 Sold $375,000 -11.8% $148 / Sq Ft View Prior Sale
02/17/2016 02/17/16 Pending -- -- --
02/07/2016 02/07/16 For Sale $425,000 -- $168 / 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 $9,809 $463,914
2024 $8,558 $421,740
2023 $8,558 $383,400 $0 $0
2022 $7,896 $348,546 $0 $0
2021 $6,732 $316,860 $141,860 $175,000
2020 $6,749 $316,860 $134,767 $182,093
2019 $6,618 $310,049 $106,395 $203,654
2018 $5,935 $283,332 $95,756 $187,576
2017 $5,644 $266,438 $0 $0
2016 $5,777 $189,928 $0 $0
2015 $5,359 $172,662 $0 $0
2014 $4,267 $121,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10816060

MIAMI REALTORS® MLS
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