NOT LISTED FOR SALE

2620 NW 35th St Miami, FL 33142

Melrose Heights Neighborhood

Estimated Value: $536,000 - $570,092

3 Beds
3 Baths
1,540 Sq Ft
$363/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $649,000 $421 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $3,635/month

6 Days on Market

Highlights

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

About This Home

As of April 2024

Your chance to own a cash cow is here! Nestled in the heart of Allapattah and minutes from Wynwood, Downtown, Brickell and major highways this is a triplex ready for its next investor/owner. The property boasts 2 1/1s plus dens (den can be used as small second bedroom) and 1 detached 1/1. On top of being a great rental property you also have T6-8O Zoning which allows up to 150 units/acre density for future development AND is Airbnb eligible! Don't miss your opportunity to build generational wealth with this property! Unit 1 is vacant, Unit 2 is leased until December 31 2024 paying $1,600/month, and Unit 3 is vacant. PLEASE DO NOT DISTURB TENANTS. Vacant units can be shown via Supra, tenant occupied unit by appointment only.

Last Agent to Sell the Property

Ivan Rabinovich

Keller Williams Eagle Realty License #3276152 Listed on: 01/18/2024

Keller Williams Eagle Realty

Co-Listed By

Rolando Ramirez

Keller Williams Eagle Realty License #3341535

Last Buyer's Agent

Nicole Leon

Listings Center License #3288525

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,794

Year Built

  • Built in 1949

Lot Details

  • Property is zoned 6100

Parking

  • 4 Parking Spaces

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Melrose Heights Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection
  • Assessor Parcel Number 01-31-27-001-0930

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,794

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1949
  • Property Sub Type: Triplex
  • Architectural Style: Attached, Detached
  • Co List Office Mls Id: KWER01
  • Co List Office Phone: 305-757-1700
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: MELROSE HEIGHTS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1540
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Barrel Roof
  • 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
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-27-001-0930
  • Zoning: 6100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7794

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Apr 22, 2024
Sold by
Jg 2620 Land Trust and Ivan Rabinovich Management Llc
Bought by
Moreno Jose A and Moreno Ezequiel
Seller's Agent
Ivan Rabinovich
Keller Williams Eagle Realty
Buyer's Agent
Nicole Leon
Listings Center
List Price
$649,000
Sold Price
$649,000
Views
35
Current Estimated Value
$558,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,727
Avg. Annual Appreciation
-9.43%
Original Mortgage
$616,550
Outstanding Balance
$607,338
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$49,065

Purchase Details

Closed on
Aug 16, 2019
Sold by
Wythe Capital Trust Llc
Bought by
Ivan Rabinovich Management Llc

Purchase Details

Closed on
Jun 19, 2006
Sold by
Zaldivar Damien Joel and Zaldivar Jose S
Bought by
Zaldivar Damien and Zaldivar Jose S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2006
Sold by
Zaldivar Santos D and Zaldivar Maria Teresa
Bought by
Zaldivar Damien Joel and Zaldivar Jose S

Purchase Details

Closed on
Aug 28, 1996
Sold by
Meneses Carlos
Bought by
Zaldivar Santos D and Aguirre Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,918
Interest Rate
8.2%
Mortgage Type
FHA
Source: Public Records

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
Moreno Jose A $649,000 Sun City Title
Ivan Rabinovich Management Llc $322,000 Waterford Title & Escrow Llc
Wythe Capital Trust Llc $300,000 Waterford Title & Escrow Llc
Zaldivar Damien -- Chicago Title
Zaldivar Damien Joel $33,000 None Available
Zaldivar Santos D $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Jose A $616,550
Previous Owner Zaldivar Damien $155,000
Previous Owner Zaldivar Santos D $104,000
Previous Owner Zaldivar Santos D $84,918
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold $649,000 0.0% $421 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $649,000 -- $421 / 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 $8,386 $547,682 $414,000 $133,682
2024 $8,119 $287,136 -- --
2023 $8,119 $261,033 $0 $0
2022 $5,762 $217,481 $0 $0
2021 $5,457 $197,710 $0 $0
2020 $4,968 $179,737 $103,500 $76,237
2019 $4,977 $179,737 $103,500 $76,237
2018 $4,905 $179,737 $103,500 $76,237
2017 $4,948 $179,737 $0 $0
2016 $4,993 $174,940 $0 $0
2015 $4,676 $159,037 $0 $0
2014 $3,193 $131,728 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ivan Rabinovich

    Seller's Agent in 2024

    Ivan Rabinovich

    Keller Williams Eagle Realty

    (305) 757-1700

    1 in this area

    129 Total Sales

    Ivan Rabinovich
    Section Image
  • Rolando Ramirez

    Seller Co-Listing Agent in 2024

    Rolando Ramirez

    Keller Williams Eagle Realty

    (305) 803-0894

    1 in this area

    112 Total Sales

    Rolando Ramirez
    Section Image

  • N

    Buyer's Agent in 2024

    Nicole Leon

    Listings Center

    (954) 451-1000

    1 in this area

    14 Total Sales

    Nicole Leon
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11515877

MIAMI REALTORS® MLS

APN: 01-3127-001-0930

Florida Miami/Dade County Miami 33142 Melrose Heights

2620 NW 35th St, Miami, FL

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