$575,000
SOLD JAN 24, 2025
-- Bed
-- Bath
1,750 Sq Ft
7,144 Sq Ft Lot

Recently Sold

$329 Per Sq Ft

10% Below List Price

178 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2025

EXCELLENT OPPORTUNITY & LAND WITH POTENTIAL. This fully stabilized duplex house is located in the central and fast-developing neighborhood of Allapattah, rentals are in very high demand. It has a spacious fenced lot with plenty of parking space and fruit trees. Detached Duplex with two 2/1 houses. The total rent $3815. Each unit has its own electric meter. Both Section 8 tenants are reliable and easy to work with 10 yrs + renting here. Rent paid by Miami Dade HAP. But tenants can be moved out, if needed. Front house has laundry closet and central AC. Front has updated kitchen. New Roof in rear house. INVESTORS don't miss this! See Virtual Tour, refer to supplemental remarks or ask your agent. (copy and paste in browser).

Tenant Occupied, showing by appt. Weekdays 1-3 PM are easiest

Last Agent to Sell the Property

Mariano Soria

Realty World Executive Homes License #3275131 Listed on: 07/29/2024

Realty World Executive Homes

Last Buyer's Agent

Armando Viera

One Stop Realty License #3192185

One Stop Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,096

Year Built

  • Built in 1956

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $45,780
  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 01-31-27-004-0340

Community Details

Overview

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

Building Details

  • Operating Expense $1,780
  • Net Operating Income $44,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,096

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: CLAYTON HEIGHTS
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1750
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: CBS Construction, Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-27-004-0340
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 44000
  • Number Of Units In Community: 2
  • Annual Operating Expense: 1780
  • Total Actual Rent: 45780

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7096

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Jan 24, 2025
Sold by
2624 Nw 24 St Llc
Bought by
Bonet Laura and Ariza Katia
Seller's Agent
Mariano Soria
Realty World Executive Homes
Buyer's Agent
Armando Viera
One Stop Realty
List Price
$639,000
Sold Price
$575,000
Premium/Discount to List
-$64,000
-10.02%
Views
19
Current Estimated Value
$613,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,358
Avg. Annual Appreciation
2.08%
Original Mortgage
$431,250
Outstanding Balance
$429,362
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$153,383

Purchase Details

Closed on
Oct 18, 2016
Sold by
Ferrer Odalys and Suarez Kathy
Bought by
2624 Nw 24 St Llc

Purchase Details

Closed on
Oct 12, 2010
Sold by
Ferrer Odalys
Bought by
Ferrer Odalys and Suarez Kathy
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 Type Sale Price Title Company
Warranty Deed $575,000 One Stop Title
Warranty Deed $575,000 One Stop Title
Warranty Deed $168,750 C & C Title Agency Inc
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $431,250 New Conventional
Closed $431,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $575,000 0.0% $329 / Sq Ft
10/29/2024 10/29/24 Price Changed $575,000 -2.5% $329 / Sq Ft
09/04/2024 09/04/24 Price Changed $590,000 -4.1% $337 / Sq Ft
08/14/2024 08/14/24 Price Changed $614,999 -3.8% $351 / Sq Ft
07/29/2024 07/29/24 For Sale $639,000 -- $365 / 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 $7,784 $334,679 -- --
2024 $7,096 $304,254 -- --
2023 $7,096 $276,595 $0 $0
2022 $6,194 $251,450 $0 $0
2021 $5,600 $219,850 $0 $0
2020 $5,120 $214,349 $143,000 $71,349
2019 $4,872 $214,403 $143,000 $71,403
2018 $4,455 $200,158 $128,700 $71,458
2017 $3,941 $150,162 $0 $0
2016 $2,989 $88,665 $0 $0
2015 $2,805 $80,605 $0 $0
2014 $2,844 $73,278 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11631477

MIAMI REALTORS® MLS

APN: 01-3127-004-0340