NOT LISTED FOR SALE

Estimated Value: $584,150 - $683,000

4 Beds
2 Baths
1,968 Sq Ft
$320/Sq Ft Est. Value

Sale Details

Date Sold: April 19, 2023

Last sale price $550,000 $279 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,180 / mo

55 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Terrazzo Flooring
  • Heating Available

About This Home

As of April 2023

Superbly Located Income Producing Property 3/2 + 2/1 Duplex, Location, Location, Location, Just Minutes from Miami Beach, Wynwood District, Miami Airport and Downtown, Hurricane Shutters

Last Agent to Sell the Property

Luis Mendez

MMLS Assoc.-Inactive Member License #3465001 Listed on: 02/02/2023

Last Buyer's Agent

Lindsey Brown

BHHS EWM Realty License #3188590

BHHS EWM Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,541

Year Built

  • Built in 1971

Lot Details

  • 6,882

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Composition Shingle

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Melrose Heights Condos
  • Melrose Heights Subdivision

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 01-31-27-001-1151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,541

Year Built

Built in 1971

Lot Details

6,882 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: MELROSE HEIGHTS
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1968
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: MELROSE HEIGHTS
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-27-001-1151
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7541

Multi Family

  • Number Of Units In Community: 2

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
Jun 14, 2024
Sold by
Bought by
Current Estimated Value
$629,038

Purchase Details

Listed on
Feb 2, 2023
Closed on
Apr 19, 2023
Sold by
Bought by
Seller's Agent
Luis Mendez
MMLS Assoc.-Inactive Member
Buyer's Agent
Lindsey Brown
BHHS EWM Realty
List Price
$710,000
Sold Price
$550,000
Premium/Discount to List
-$160,000
-22.54%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$412,500
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2023
Sold by
Bought by

Purchase Details

Closed on
May 1, 2002
Sold by
Bought by
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
$407,700 --
$550,000 None Listed On Document
$550,000 None Listed On Document
-- --
-- None Listed On Document
-- --
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
Previous Owner $412,500
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
04/19/2023 04/19/23 Sold $550,000 -15.4% $279 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
02/23/2023 02/23/23 Price Changed $650,000 -3.0% $330 / Sq Ft
02/15/2023 02/15/23 Price Changed $670,000 -2.9% $340 / Sq Ft
02/07/2023 02/07/23 Price Changed $690,000 -2.8% $351 / Sq Ft
02/02/2023 02/02/23 For Sale $710,000 -- $361 / 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 $10,107 $492,335 $255,300 $237,035
2024 $8,803 $466,552 $227,674 $238,878
2023 $8,803 $386,838 $0 $0
2022 $7,541 $138,198 $0 $0
2021 $3,330 $128,466 $0 $0
2020 $2,847 $178,165 $0 $0
2019 $2,611 $160,157 $0 $0
2018 $2,418 $154,752 $0 $0
2017 $2,147 $98,580 $0 $0
2016 $2,000 $92,518 $0 $0
2015 $1,879 $87,497 $0 $0
2014 $1,786 $82,869 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11328495

MIAMI REALTORS® MLS

APN: 01-3127-001-1151

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