NOT LISTED FOR SALE

Estimated Value: $804,128 - $949,000

6 Beds
4 Baths
2,378 Sq Ft
$367/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $390,000 $164 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,854/month

84 Days on Market

Highlights

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

About This Home

As of June 2021

HOT DEAL FOR DEVELOPERS or INVESTORS. Spacious and modern New Duplex with (2) 3 bed 2 bath units in a lot of 6094 sqf with great potential. Under construction (80% advanced). Expected CAP rate 9% at the completion of the construction (please see analysis attached). This area has already seen a huge influx of investors. This area is in high demand!. The buyer can live in one unit and rent the other unit. Located right next to the major highways and minutes from Wynwood, Downtown Miami, and Miami Beach!

Last Agent to Sell the Property

Maria Valeiro

Florida New Dream Corp. License #3355547 Listed on: 02/01/2021

Florida New Dream Corp.

Last Buyer's Agent

Gustavo Acosta Chirinos

Luxury Real Estate Group LLC License #3424962

Luxury Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,690

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 6,098

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Wood Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,378 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Little River Gardens Condos
  • Little River Gardens,Ancar & Jmma, Llc Subdivision, Delirio Floorplan

Listing and Financial Details

  • Assessor Parcel Number 01-31-12-033-0050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,690

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2020
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • Inclusions: None
  • Master Model: DELIRIO
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: LITTLE RIVER GARDENS,ANCAR & JMMA, LLC
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2378
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Wood Shingle Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LITTLE RIVER GARDENS
  • Total Parking Spaces: 4

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: 01-31-12-033-0050
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1690

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2023
Sold by
Xebec Group Llc
Bought by
Wakt Alliance Llc
Current Estimated Value
$872,532

Purchase Details

Listed on
Feb 1, 2021
Closed on
May 24, 2021
Sold by
Ancar & Jmma Llc
Bought by
Xebec Group Llc
Seller's Agent
Maria Valeiro
Florida New Dream Corp.
Buyer's Agent
Gustavo Acosta Chirinos
Luxury Real Estate Group LLC
List Price
$420,000
Sold Price
$390,000
Premium/Discount to List
-$30,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.47%
Original Mortgage
$90,000
Interest Rate
2.24%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 12, 2018
Sold by
Rent Express D & V Inc
Bought by
Ancar & Jmma Llc
Seller's Agent
Walter Salamanques
MMLS Assoc.-Inactive Member
Buyer's Agent
Maria Valeiro
Florida New Dream Corp.
List Price
$136,000
Sold Price
$135,000
Premium/Discount to List
-$1,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.84%

Purchase Details

Closed on
Jan 9, 2018
Sold by
Fuentes Lillian
Bought by
Rent Express D & Y Inc

Purchase Details

Closed on
Jul 29, 2016
Sold by
Chimene Louis
Bought by
Wythe Capital Trust Llc

Purchase Details

Closed on
Mar 27, 1997
Sold by
Christian and Ramirez Anabel
Bought by
Louis Chimene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
7.69%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 31, 1995
Sold by
Isidron Eddie
Bought by
Ramirez Christian and Ramirez Anabal

Purchase Details

Closed on
Jun 14, 1995
Sold by
United Co Lending Corp
Bought by
Isidron Eddie

Purchase Details

Closed on
May 9, 1995
Sold by
Clerk Circuit Court
Bought by
United Co Lending Corp
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
Wakt Alliance Llc $750,000 Title Now
Xebec Group Llc $292,500 Cmp Title & Escrow Svcs Inc
Ancar & Jmma Llc $135,000 Cmp Title & Escrow Services
Rent Express D & Y Inc $71,000 Sunbelt Title Agency
Wythe Capital Trust Llc $25,000 Couture Title & Escrow Llc
Louis Chimene $25,000 --
Ramirez Christian $12,000 --
Isidron Eddie $5,500 --
United Co Lending Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xebec Group Llc $90,000
Previous Owner Xebiec Group Llc $90,000
Previous Owner Xebec Group Llc $417,000
Previous Owner Ancar & Jmma Llc $232,500
Previous Owner Louis Chimene $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $390,000 -3.7% $164 / Sq Ft
03/18/2021 03/18/21 Price Changed $405,000 -1.2% $170 / Sq Ft
03/05/2021 03/05/21 Price Changed $410,000 -2.4% $172 / Sq Ft
02/01/2021 02/01/21 For Sale $420,000 +211.1% $177 / Sq Ft
12/14/2018 12/14/18 Sold $135,000 -0.7% $151 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $136,000 -- $152 / 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 $13,197 $616,932 $231,572 $385,360
2024 $11,675 $620,844 $231,572 $389,272
2023 $11,675 $556,052 $0 $0
2022 $2,513 $121,880 $121,880 $0
2021 $1,986 $88,484 $0 $0
2020 $1,724 $81,964 $81,964 $0
2019 $1,561 $73,128 $73,128 $0
2018 $946 $37,097 $37,097 $0
2017 $1,670 $60,891 $0 $0
2016 $1,611 $56,394 $0 $0
2015 $1,609 $54,655 $0 $0
2014 $1,534 $49,687 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10991684

MIAMI REALTORS® MLS

APN: 01-3112-033-0050