NOT LISTED FOR SALE

Estimated Value: $537,893 - $654,000

2 Beds
2 Baths
1,257 Sq Ft
$468/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $369,000 $294 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,911/month

23 Days on Market

Highlights

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

About This Home

As of February 2021

Highly motivated seller. A Substantially Remodeled income-producing duplex right in the heart of the hottest rental market in Miami can generate a 7% Cap Rate, an unbeatable investment & very rare to find in this area for that price. Two detached units 2bdr/1baths & 1bdr/1bath can be rented for $1800 & $1300 respectively, according to recent rental comparables nearby. New A/C, new roof, new recessed LED lighting, new kitchen, new windows, huge backyard with room for boat, RV, or pool. Each unit operates totally independently with its own electric & meter, laundry rooms, central A/C units & backyards. What happens if somebody else buys it before yourself, you would probably regret it, wouldn't you? Call or text me. hab/3 Banos. Excelente inversion. Hablo Espanol.

Last Agent to Sell the Property

Dawsmel Bermejo

Coldwell Banker Realty License #3331396 Listed on: 12/04/2020

Coldwell Banker Realty

Last Buyer's Agent

Maury Alzate

MMLS Assoc.-Inactive Member License #3174020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,079

Year Built

  • Built in 1953

Lot Details

  • 7,449

Parking

  • 10 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Flat Roof with Façade front

Interior Spaces

  • 1,257 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Kew Gardens Condos
  • Kew Gardens Subdivision

Listing and Financial Details

  • Rent includes hot water, sewer, trash collection
  • Assessor Parcel Number 01-31-33-024-1690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,079

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: KEW GARDENS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 1257
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: KEW GARDENS
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • 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: 01-31-33-024-1690
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3079

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 9, 2021
Sold by
Garcia Fredy E
Bought by
Roque Nery Lastre and Sanchez Fredy Leon
Seller's Agent
Dawsmel Bermejo
Coldwell Banker Realty
Buyer's Agent
Maury Alzate
MMLS Assoc.-Inactive Member
List Price
$369,900
Sold Price
$369,000
Premium/Discount to List
-$900
-0.24%
Current Estimated Value
$588,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,723
Avg. Annual Appreciation
10.97%
Original Mortgage
$362,316
Outstanding Balance
$324,984
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$267,619

Purchase Details

Closed on
Mar 15, 2008
Sold by
Garcia Teresa
Bought by
Garcia Fredy E
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
Roque Nery Lastre $369,000 Creative Title Services Inc
Garcia Fredy E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roque Nery Lastre $362,316
Previous Owner Garcia Fredy E $116,900
Previous Owner Garcia Fredy $116,460
Previous Owner Garcia Fredy $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $369,000 -0.2% $294 / Sq Ft
11/30/2020 11/30/20 For Sale $369,900 -- $294 / 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 $8,439 $437,397 -- --
2024 $8,494 $425,070 $282,150 $142,920
2023 $8,494 $372,322 $0 $0
2022 $7,535 $328,621 $200,475 $128,146
2021 $3,422 $141,474 $0 $0
2020 $3,079 $183,731 $0 $0
2019 $2,940 $178,702 $0 $0
2018 $2,823 $184,934 $0 $0
2017 $2,594 $113,010 $0 $0
2016 $2,414 $107,120 $0 $0
2015 $2,260 $102,506 $0 $0
2014 $2,490 $76,199 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10966582

MIAMI REALTORS® MLS

APN: 01-3133-024-1690