$762,500
SOLD MAY 23, 2025
-- Bed
-- Bath
1,516 Sq Ft
1963 Built

Recently Sold

$503 Per Sq Ft

5% Below List Price

22 Days on Market

Highlights

  • No HOA
  • High Impact Windows
  • Tile Flooring
  • Coral Gables Senior High School Rated A-
  • Patio
  • Central Air

About This Home

As of May 2025

This exceptional, centrally located duplex generates substantial income, featuring two remodeled units: a two-bedroom, one-bathroom unit and a one-bedroom, one-bathroom unit. Amenities include separate utilities, new appliances, fully equipped kitchens, reliable tenants, assigned parking, and private patios. Recent improvements include a new roof (installed 2 years ago) and impact-resistant windows. The property's prime location offers convenient access to Downtown Coconut Grove, Coral Gables, major highways, shopping, and schools. Annual rental income exceeds $50,000 and Capital Rate is high !

Last Agent to Sell the Property

Hector Beltran

Florida Realty of Miami Corp License #3404747 Listed on: 05/01/2025

Florida Realty of Miami Corp

Last Buyer's Agent

Hector Beltran

Florida Realty of Miami Corp License #3404747 Listed on: 05/01/2025

Florida Realty of Miami Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,040

Year Built

  • Built in 1963

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Shingle Roof

Interior Spaces

  • 1,516 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • High Impact Windows

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Patio
  • Fenced

Listing and Financial Details

  • Total Actual Rent $4,300
  • Rent includes trash collection
  • Assessor Parcel Number 01-41-16-017-0050

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Avalon Sub Condos
  • Avalon Sub,Avalon Subdivision, Avalon Floorplan

Building Details

  • Net Operating Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,040

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Property Sub Type: Duplex
  • Directions: 2860 SW 32ND AVE MIAMI, FL 33133-3432
  • Horses: No
  • Master Model: AVALON
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: AVALON SUB,AVALON
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1516
  • Possible Use: Investment
  • Stories: 1
  • Window Features: High Impact Windows

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: AVALON SUB
  • Total Parking Spaces: 5

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-16-017-0050
  • Zoning: 5700

Rental Info

  • Rent Includes: Trash Collection

Multi Family

  • Net Operating Income: 51600
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 4300

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
May 23, 2025
Sold by
Beltran Diego and Beltran Family Community Property Trust
Bought by
Lara Mireya F
Seller's Agent
Hector Beltran
Florida Realty of Miami Corp
Buyer's Agent
Hector Beltran
Florida Realty of Miami Corp
List Price
$799,000
Sold Price
$762,500
Premium/Discount to List
-$36,500
-4.57%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Dec 20, 2022
Sold by
Barbara Beltran Revocable Trust
Bought by
Beltran Family Community Property Trust

Purchase Details

Closed on
Jun 24, 2008
Sold by
Beltran Diego and Beltran Barbara
Bought by
Beltran Barbara

Purchase Details

Closed on
Nov 3, 2006
Sold by
Dietrich William Carleton and Wade Meldra
Bought by
Beltran Diego and Beltran Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,750
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 31, 2006
Sold by
Dietrich Lucy
Bought by
Beltran Diego and Beltran Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,750
Interest Rate
6.25%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $762,500 Real Property Title Group
Warranty Deed $762,500 Real Property Title Group
Warranty Deed -- --
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $100,000 Attorney
Quit Claim Deed -- Dolphin Title Of S Fl Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $152,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Pending -- -- --
05/23/2025 05/23/25 Sold $762,500 -4.6% $503 / Sq Ft
05/01/2025 05/01/25 For Sale $799,000 0.0% $527 / Sq Ft
03/24/2021 03/24/21 Under Contract -- -- --
03/17/2021 03/17/21 Rented $1,850 0.0% --
03/05/2021 03/05/21 For Rent $1,850 +37.0% --
02/01/2012 02/01/12 Rented $1,350 0.0% --
01/02/2012 01/02/12 Under Contract -- -- --
09/30/2011 09/30/11 For Rent $1,350 -- --
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 $12,040 $615,906 -- --
2024 $11,199 $559,915 -- --
2023 $11,199 $507,816 $394,133 $113,683
2022 $7,091 $260,703 $0 $0
2021 $6,538 $237,003 $0 $0
2020 $6,120 $323,590 $245,590 $78,000
2019 $5,808 $317,185 $239,153 $78,032
2018 $5,383 $310,780 $232,716 $78,064
2017 $4,871 $161,878 $0 $0
2016 $4,654 $147,162 $0 $0
2015 $4,426 $133,784 $0 $0
2014 $3,840 $121,622 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11795655

MIAMI REALTORS® MLS

APN: 01-4116-017-0050