NOT LISTED FOR SALE

Estimated Value: $481,055 - $570,000

3 Beds
2 Baths
1,400 Sq Ft
$379/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $463,000 $331 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,482/month

29 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2023

Welcome to this stunning Duplex for sale in Miami! This amazing property boasts a total of 4 bedrooms and 43bathrooms, making it the perfect investment opportunity for anyone looking to capitalize on the city's booming real estate market. With a lot size of 6,900 sf, this income-producing property is in a central location that offers easy access to major attractions, including the 836 Expressway, Downtown Miami, Miami Beach, Miami International Airport, and Jackson Hospital. The first unit features 2 bedrooms and 1 bathroom, while the second unit has 2 bedrooms and 2 bathrooms. The property also comes with ample parking space and a large yard. Laundry connections. Don't miss out on this chance to own a stunning property in one of the most sought-after areas of Miami! Only Cash Offers.

Last Agent to Sell the Property

Javier Lopez

JV Realty Services License #3137509 Listed on: 05/01/2023

Last Buyer's Agent

Javier Lopez

JV Realty Services License #3137509 Listed on: 05/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,421

Year Built

  • Built in 1936

Lot Details

  • 6,882

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Melrose Heights 3Rd Addn Condos
  • Melrose Heights 3Rd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-31-28-011-0600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,421

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1936
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: see map
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: MELROSE HEIGHTS 3RD ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1400
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: MELROSE HEIGHTS 3RD ADDN
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-31-28-011-0600
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3421

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
May 1, 2023
Closed on
Jun 23, 2023
Sold by
Flames Enterprise Inc
Bought by
Grijalba Jorge A and Myers Marie
Seller's Agent
Javier Lopez
JV Realty Services
Buyer's Agent
Javier Lopez
JV Realty Services
List Price
$470,000
Sold Price
$463,000
Premium/Discount to List
-$7,000
-1.49%
Views
6
Current Estimated Value
$530,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,264
Avg. Annual Appreciation
4.24%
Original Mortgage
$370,400
Outstanding Balance
$361,667
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$145,249

Purchase Details

Closed on
Aug 26, 1998
Sold by
Llamas Orlando
Bought by
Flames Enterprise Inc
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 Buyer Sale Price Title Company
Grijalba Jorge A $463,000 None Listed On Document
Flames Enterprise Inc $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grijalba Jorge A $370,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $463,000 -1.5% $331 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $470,000 -- $336 / 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 $7,109 $343,316 $255,300 $88,016
2024 $3,987 $336,428 $248,278 $88,150
2023 $3,987 $94,601 $0 $0
2022 $3,421 $86,001 $0 $0
2021 $3,188 $78,183 $0 $0
2020 $2,957 $172,023 $113,837 $58,186
2019 $2,574 $127,209 $69,023 $58,186
2018 $2,433 $129,542 $69,023 $60,519
2017 $2,288 $53,401 $0 $0
2016 $1,879 $48,547 $0 $0
2015 $1,851 $44,134 $0 $0
2014 $1,643 $40,122 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11378258

MIAMI REALTORS® MLS

APN: 30-3128-011-0600