NOT LISTED FOR SALE

Estimated Value: $440,670 - $499,000

4 Beds
2 Baths
1,378 Sq Ft
$340/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $450,000 $327 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,001/month

30 Days on Market

Highlights

  • No HOA
  • Concrete Flooring
  • 1-Story Property
  • Cooling Available
  • Heating Available

About This Home

As of March 2024

Little Haiti Duplex.  Nestled in quiet east little Haiti neighborhood, this property is a duplex with many beneficial features such as new roof, new plumbing, and new electricity.  Its best characteristic is its location so close to so many major developments, including at the exact mid-point and between two of Miami’s largest development projects: Magic City and the Sabal Palm project.  Current NOI of $35k, raisable to Proforma NOI of $38k, and close to a 8% cap at asking price.  The perfect first time investment.

Last Agent to Sell the Property

Vicente Rodriguez

Fausto Commercial Realty Consultants Inc License #3289280 Listed on: 11/27/2023

Last Buyer's Agent

Vicente Rodriguez

Fausto Commercial Realty Consultants Inc License #3289280 Listed on: 11/27/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,057

Year Built

  • Built in 1957

Lot Details

  • 5,009

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Flat Tile Roof

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Dixie Highway Track Condos
  • Dixie Highway Track Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 01-31-13-065-1300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,057

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: DIXIE HIGHWAY TRACK
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Concrete
  • Living Area: 1378
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DIXIE HIGHWAY TRACK
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: 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: 01-31-13-065-1300
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5057

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
Nov 27, 2023
Closed on
Mar 27, 2024
Sold by
Danubio 2015 Llc
Bought by
Rodriguez Vicente
Seller's Agent
Vicente Rodriguez
Fausto Commercial Realty Consultants Inc
Buyer's Agent
Vicente Rodriguez
Fausto Commercial Realty Consultants Inc
List Price
$470,000
Sold Price
$450,000
Premium/Discount to List
-$20,000
-4.26%
Views
111
Current Estimated Value
$468,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,668
Avg. Annual Appreciation
6.03%
Original Mortgage
$449,704
Outstanding Balance
$443,685
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$45,344

Purchase Details

Listed on
Jun 11, 2015
Closed on
Jul 13, 2015
Sold by
Kaimo Llc
Bought by
Danubio 2015 Llc
Seller's Agent
Joanna Katz Hoffman
Douglas Elliman
Buyer's Agent
Joanna Katz Hoffman
Douglas Elliman
List Price
$179,000
Sold Price
$152,000
Premium/Discount to List
-$27,000
-15.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%

Purchase Details

Closed on
Jun 30, 2014
Sold by
Feinberg Daniel
Bought by
Kalmo Llc

Purchase Details

Closed on
Apr 23, 2014
Sold by
Sperling Benjie
Bought by
Feinberg Daniel

Purchase Details

Closed on
Dec 6, 2013
Sold by
Noel Wisley
Bought by
Sperling Benjie

Purchase Details

Closed on
Feb 27, 2006
Sold by
Noel Wisley and Noel Wisly
Bought by
Noel Wisley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 19, 1999
Sold by
Joacilia and Julmiste Aly
Bought by
Noel Wisly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,924
Interest Rate
7.65%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 1997
Sold by
Julmiste Joacilia
Bought by
Julmiste Joacilia and Julmiete Aly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,680
Interest Rate
7.69%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rodriguez Vicente $458,000 None Listed On Document
Danubio 2015 Llc $152,000 Flamingo Title Services Inc
Kalmo Llc -- Florida Title & Escrow Profe
Feinberg Daniel $122,000 Attorney
Sperling Benjie $68,100 None Available
Noel Wisley -- Seacoast Title & Escrow Llc
Noel Wisly $83,000 --
Julmiste Joacilia $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Vicente $449,704
Previous Owner Noel Wisley $190,000
Previous Owner Noel Wisley $126,000
Previous Owner Julmiste Joacilia $82,924
Previous Owner Julmiste Joacilia $62,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $450,000 -4.3% $327 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $470,000 0.0% $341 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $470,000 +209.2% $341 / Sq Ft
07/13/2015 07/13/15 Sold $152,000 -15.1% $108 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $179,000 -- $128 / 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 $5,361 $371,387 $205,000 $166,387
2024 $5,057 $188,754 -- --
2023 $5,057 $171,595 $0 $0
2022 $4,480 $155,996 $0 $0
2021 $4,115 $141,815 $0 $0
2020 $3,790 $168,728 $80,088 $88,640
2019 $3,635 $169,440 $80,088 $89,352
2018 $3,709 $175,707 $67,308 $108,399
2017 $3,513 $112,979 $0 $0
2016 $3,002 $102,709 $0 $0
2015 $2,671 $85,930 $0 $0
2014 $1,708 $41,816 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11490855

MIAMI REALTORS® MLS

APN: 01-3113-065-1300