NOT LISTED FOR SALE

Estimated Value: $733,000 - $986,356

3 Beds
2 Baths
2,050 Sq Ft
$425/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $835,000 $407 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,731/month

45 Days on Market

Highlights

  • Old Spanish Architecture
  • Cooling Available
  • Ceiling Fan
  • No HOA
  • Tile Flooring
  • Heating Available

About This Home

As of January 2024

DUPLEX,Excellent investment opportunity as an existing legal Duplex w/rental producing income.Located in the booming area of Coral Way neighborhood,between Coral Gables, Coconut Grove and Shenandoah called Silver Bluff. TWO SEPARATE ENTRANCES,One on 25Th Terrace (2476,3 Bed/3 Bath ) and one on 26Th Street( 2475,2 Bed/2 Bath ),TWO SEPARATE WATER AND ELECTRICAL METERS,Big Lot ( 7150 SF ) Full size washer and dryer on each unit.Unbelievable location! Walking distance to US-1 and the new UNDERLINE and Metro Stations; minutes to Brickell, Coconut Grove, Coral Gables, Key Biscayne,Downtown and Airport.

Last Agent to Sell the Property

Gonzalo Tamayo

Morgan Whitney Inc License #3079911 Listed on: 10/23/2023

Last Buyer's Agent

Monica Betancourt

Coldwell Banker Realty License #3126969

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,971

Year Built

  • Built in 1925

Lot Details

  • Property is zoned 0100

Parking

  • 4 Parking Spaces

Home Design

  • Old Spanish Architecture
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Silver Bluff Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 01-41-15-003-0400

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,971

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Property Sub Type: Duplex
  • Architectural Style: Detached, Old Spanish
  • Directions: LOCATED BETWEEN 24TH AND 25TH AVE SW AND 25TH TERRACE AND 26 STREET SW.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: SILVER BLUFF
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2050
  • Possible Use: Investment
  • Stories: 1

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: SILVER BLUFF
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), 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: 01-41-15-003-0400
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10971

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
Oct 23, 2023
Closed on
Jan 29, 2024
Sold by
Botero Camila and Botero Cristina
Bought by
Newcom Realty Llc
Seller's Agent
Gonzalo Tamayo
Morgan Whitney Inc
Buyer's Agent
Monica Betancourt
Coldwell Banker Realty
List Price
$870,000
Sold Price
$835,000
Premium/Discount to List
-$35,000
-4.02%
Views
60
Current Estimated Value
$872,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,089
Avg. Annual Appreciation
2.51%

Purchase Details

Listed on
May 13, 2015
Closed on
Jun 29, 2015
Sold by
Miami Sfr Partners Llc
Bought by
Botero Camila and Botero Cristina
Seller's Agent
Lauren Bronfman
High Road Real Estate
Buyer's Agent
Gonzalo Tamayo
Morgan Whitney Inc
List Price
$419,000
Sold Price
$394,000
Premium/Discount to List
-$25,000
-5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%

Purchase Details

Listed on
Jun 8, 2013
Closed on
Aug 20, 2013
Sold by
Fresh Start Ventures Llc
Bought by
Miami Sfr Partners Llc
Seller's Agent
Lauren Bronfman
High Road Real Estate
Buyer's Agent
Lauren Bronfman
High Road Real Estate
List Price
$325,000
Sold Price
$270,000
Premium/Discount to List
-$55,000
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.53%

Purchase Details

Listed on
Feb 8, 2012
Closed on
Jul 10, 2012
Sold by
Benavides Henry
Bought by
Fresh Start Ventures Llc
Seller's Agent
Samuel Bejerano
One Stop Realty
Buyer's Agent
Omar Gonzalez
MMLS Assoc.-Inactive Member
List Price
$240,000
Sold Price
$215,000
Premium/Discount to List
-$25,000
-10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.55%

Purchase Details

Closed on
May 28, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Benavides Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,993
Interest Rate
4.77%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2008
Sold by
Fuentes Fernando
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Apr 7, 2006
Sold by
Gold Michael and Gold Solange
Bought by
Fuentes Fernando and Fuentes Daisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
8%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 9, 2002
Sold by
Jose Suarez I
Bought by
Gold Michael and Gold Solange

Purchase Details

Closed on
Jun 27, 2000
Sold by
Innovative Resource Management Inc
Bought by
Suarez Jose and Wachter Cherie

Purchase Details

Closed on
Mar 21, 2000
Sold by
Shirley T Guggenheimer Atty
Bought by
Latin American Investors Corp
Source: Public Records

Range of Values:

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Average Value
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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
Newcom Realty Llc $835,000 None Listed On Document
Botero Camila $394,000 Attorney
Miami Sfr Partners Llc $270,000 Attorney
Fresh Start Ventures Llc $215,000 Attorney
Benavides Henry $166,000 Landsafe Title
Deutsche Bank National Trust Co -- None Available
Fuentes Fernando $440,000 Attorney
Gold Michael $180,000 --
Suarez Jose $138,000 --
Latin American Investors Corp $100 --
Latin American Investors Corp $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benavides Henry $162,993
Previous Owner Fuentes Fernando $264,000
Previous Owner Latin American Investors Corp $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2024 01/29/24 Sold $835,000 -4.0% $407 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $870,000 0.0% $424 / Sq Ft
01/13/2016 01/13/16 Rented $1,600 -8.6% --
01/07/2016 01/07/16 Under Contract -- -- --
12/02/2015 12/02/15 For Rent $1,750 0.0% --
07/02/2015 07/02/15 Sold $394,000 -6.0% $164 / Sq Ft View Prior Sale
06/03/2015 06/03/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $419,000 0.0% $175 / Sq Ft
10/28/2013 10/28/13 Rented $1,600 0.0% --
10/28/2013 10/28/13 For Rent $1,600 0.0% --
08/21/2013 08/21/13 Sold $270,000 -16.9% $140 / Sq Ft View Prior Sale
07/17/2013 07/17/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $325,000 +51.2% $168 / Sq Ft
07/10/2012 07/10/12 Sold $215,000 -10.4% $111 / Sq Ft View Prior Sale
05/17/2012 05/17/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $240,000 -- $124 / 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 $13,892 $754,391 $572,000 $182,391
2024 $12,474 $579,460 -- --
2023 $12,474 $526,782 $0 $0
2022 $10,971 $478,893 $0 $0
2021 $10,010 $435,358 $314,563 $120,795
2020 $9,345 $403,069 $282,274 $120,795
2019 $9,364 $403,069 $282,274 $120,795
2018 $8,984 $392,653 $271,858 $120,795
2017 $8,527 $366,656 $0 $0
2016 $8,260 $343,614 $0 $0
2015 $6,933 $254,851 $0 $0
2014 $6,014 $231,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11474190

MIAMI REALTORS® MLS

APN: 01-4115-003-0400