NOT LISTED FOR SALE

Estimated Value: $824,415 - $902,000

4 Beds
2 Baths
1,613 Sq Ft
$525/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $760,000 $471 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,807/month

55 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating and Cooling System
  • Coral Gables Senior High School Rated A-
  • Partial Impact Glass
  • Energy-Efficient Windows

About This Home

As of March 2024

Duplex For Sale in The Pines! This Duplex is very well located between Coral Way and US1, right next to Coral Gables, Coconut Gove and Brickell. This is a rare opportunity for investors or new homeowners. Both units of this Duplex are very similar and have 2 bedrooms and 1 bathroom. The units are partially remodeled with impact windows, new electrical box with new wires and meters, and new water heaters. The 8,400 sq. ft lot offers a big patio with vast room for expansion, a pool or storage. Both units are rented to great month-to-month tenants. Units with separate electric meters!

Last Agent to Sell the Property

Fernando Grullon

Waira Real Estate, LLC. License #3295495 Listed on: 12/01/2023

Last Buyer's Agent

Claudia Herrera

Compass Florida, LLC License #3555991

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,628

Year Built

  • Built in 1948

Lot Details

  • 8,407

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Tile Roof

Interior Spaces

  • 1,613 Sq Ft Home
  • 1-Story Property
  • Partial Impact Glass

Flooring

  • Wood
  • Tile

Additional Features

  • Energy-Efficient Windows
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • The Pines Condos
  • The Pines Subdivision

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 01-41-16-011-1280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,628

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: THE PINES
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1613
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Partial Impact Glass, Impact Glass

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Exterior Features: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE PINES
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-16-011-1280
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Windows

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12628

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
Dec 1, 2023
Closed on
Mar 8, 2024
Sold by
Lm Lima Corp
Bought by
Silver Gheco Corp
Seller's Agent
Fernando Grullon
Waira Real Estate, LLC.
Buyer's Agent
Claudia Herrera
Compass Florida, LLC
List Price
$800,000
Sold Price
$760,000
Premium/Discount to List
-$40,000
-5%
Total Days on Market
55
Views
70
Current Estimated Value
$847,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,104
Avg. Annual Appreciation
9.14%

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 12, 2021
Sold by
Professional Services By Craib Corp
Bought by
Lm Lima Corp
Seller's Agent
Lena Borrayo
MMLS Assoc.-Inactive Member
Buyer's Agent
Fernando Grullon
Waira Real Estate, LLC.
List Price
$589,500
Sold Price
$579,000
Premium/Discount to List
-$10,500
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%

Purchase Details

Closed on
Dec 20, 2019
Sold by
Craib Sonia M
Bought by
Professional Services By Craib Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
9.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 7, 2015
Sold by
Zakarian Robert
Bought by
Zakarian Robert and Craib Sonia

Purchase Details

Closed on
Jan 8, 2015
Sold by
Zakarian Robert
Bought by
Zakarian Robert
Source: Public Records

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Range of Values:

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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
Silver Gheco Corp $760,000 None Listed On Document
Lm Lima Corp $579,000 A & A Title Services Llc
Professional Services By Craib Corp -- Attorney
Zakarian Robert -- Attorney
Zakarian Robert -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Professional Services By Craib Corp $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $760,000 -5.0% $471 / Sq Ft
01/26/2024 01/26/24 For Sale $800,000 0.0% $496 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/02/2024 01/02/24 Price Changed $800,000 -5.9% $496 / Sq Ft
12/01/2023 12/01/23 For Sale $850,000 +46.8% $527 / Sq Ft
03/12/2021 03/12/21 Sold $579,000 -1.8% $359 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $589,500 -- $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
2024 $12,628 $603,562 -- --
2023 $12,628 $548,693 $0 $0
2022 $11,043 $498,812 $394,956 $103,856
2021 $9,878 $429,166 $344,655 $84,511
2020 $9,358 $403,705 $319,194 $84,511
2019 $7,583 $363,900 $0 $0
2018 $7,104 $356,762 $0 $0
2017 $6,652 $319,870 $0 $0
2016 $5,527 $291,277 $0 $0
2015 $4,488 $218,242 $0 $0
2014 $4,391 $140,587 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11494580

MIAMI REALTORS® MLS

APN: 01-4116-011-1280