NOT LISTED FOR SALE

Estimated Value: $574,000 - $608,000

4 Beds
2 Baths
1,302 Sq Ft
$458/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $575,000 $442 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,815/month

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Concrete Block With Brick
  • Central Heating and Cooling System

About This Home

As of April 2024

This duplex, nestled just two blocks from Calle Ocho, offers a prime opportunity for investment or house hacking in Miami. Built in 1958, this corner property boasts a 4,895 sqft lot and two separate electrical meters. Each unit features nearly 700 sqft of living space, comprising 2 beds and 1 bath. Strategically located, it's a mere 13 minutes from Brickell or downtown Miami and less than 5 miles from the University of Miami. Rental comps in the are go between $2,000 and up to $3,000/month for fully renovated units.

Last Listed By

Michael Valencia

Lamacchia Realty, Inc. License #3337780 Listed on: 03/26/2024

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,694

Year Built

  • Built in 1958

Lot Details

  • 4,008

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof

Interior Spaces

  • 1,302 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Orange Glade Condos
  • Orange Glade Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-10-018-0090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,694

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: ORANGE GLADE
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1302
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block With Brick
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ORANGE GLADE
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-10-018-0090
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5694

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
Mar 26, 2024
Closed on
Apr 12, 2024
Sold by
2490 Tony Llc
Bought by
Forteza Santiago
Seller's Agent
Michael Valencia
Lamacchia Realty, Inc.
Buyer's Agent
Michael Valencia
Lamacchia Realty, Inc.
List Price
$500,000
Sold Price
$575,000
Premium/Discount to List
$75,000
15%
Total Days on Market
0
Views
66
Current Estimated Value
$596,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,709
Avg. Annual Appreciation
3.33%

Purchase Details

Closed on
Dec 2, 2005
Sold by
Mardis Santa
Bought by
2490 Tony Llc

Purchase Details

Closed on
Dec 19, 2002
Sold by
Buccheri Sharon
Bought by
Buccheri Antonino

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
Forteza Santiago $575,000 Bristol Title
2490 Tony Llc -- --
Buccheri Antonino -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buccheri Tony $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $575,000 +15.0% $442 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $500,000 -- $384 / 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
2024 $5,694 $189,792 -- --
2023 $5,694 $172,539 $0 $0
2022 $4,803 $156,854 $0 $0
2021 $4,251 $142,595 $0 $0
2020 $4,131 $215,200 $160,000 $55,200
2019 $3,972 $215,200 $160,000 $55,200
2018 $3,732 $215,200 $160,000 $55,200
2017 $3,326 $97,396 $0 $0
2016 $3,284 $88,542 $0 $0
2015 $2,799 $80,493 $0 $0
2014 $3,085 $97,336 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11555559

MIAMI REALTORS® MLS

APN: 01-4110-018-0090