NOT LISTED FOR SALE

Estimated Value: $916,000 - $1,503,000

4 Beds
2 Baths
2,676 Sq Ft
$443/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $588,750 $220 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $7,576/month

124 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property
  • Coral Gables Senior High School Rated A-
  • Central Heating and Cooling System
  • 5-minute walk to Douglas Park

About This Home

As of February 2021

Great investment opportunity in Coconut Grove. Renovated duplex with two separate living-units. Each unit has three bedrooms and two bath. (Total 6 bedroom and 4 bath) Excellent rental income. Property sits on a huge 7,753 SF lot with lots of additional potential.

Last Agent to Sell the Property

Ron Laviv

The Corcoran Group License #3181915 Listed on: 10/09/2020

The Corcoran Group

Last Buyer's Agent

Ron Laviv

The Corcoran Group License #3181915 Listed on: 10/09/2020

The Corcoran Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,446

Year Built

  • Built in 1949

Lot Details

  • 7,754

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,676 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Realty Securities Corppb Condos
  • Realty Securities Corppb Subdivision

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 01-41-17-003-0370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,446

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1949
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: REALTY SECURITIES CORPPB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Living Area: 2676
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: REALTY SECURITIES CORPPB
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • 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: 01-41-17-003-0370
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9446

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Feb 26, 2021
Sold by
Ben Shoam Yoseph and Yoseph Ben Shoam Revocable Tru
Bought by
Hatton David Lee and Hatton Paula Andrea
Seller's Agent
Ron Laviv
The Corcoran Group
Buyer's Agent
Ron Laviv
The Corcoran Group
List Price
$690,000
Sold Price
$588,750
Premium/Discount to List
-$101,250
-14.67%
Current Estimated Value
$1,184,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,672
Avg. Annual Appreciation
16.30%
Original Mortgage
$441,562
Outstanding Balance
$395,829
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$788,593

Purchase Details

Closed on
May 10, 2019
Sold by
Ben Shoam Yoseph
Bought by
Yoseph Ben Shoam

Purchase Details

Closed on
Nov 12, 2017
Sold by
Faxas Mercedes and Cachinero Lavin Rosa
Bought by
Ben Shoam Yoseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 2009
Sold by
Cachinero Fernandez Michelle
Bought by
Cachinero Lavin Rosa and Cachinero Fernandez Michelle

Purchase Details

Closed on
Apr 8, 2004
Sold by
Cachinero Roberto and Cachinero Viola
Bought by
Cachinero Roberto and Cachinero Viola

Purchase Details

Closed on
May 23, 2003
Sold by
Cachinero Roberto and Cachinero Viola
Bought by
Cachinero Roberto and Cachinero Viola
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
Hatton David Lee $588,800 Attorney
Yoseph Ben Shoam -- Attorney
Ben Shoam Yoseph $425,000 Attorney
Cachinero Lavin Rosa -- None Available
Cachinero Roberto -- --
Cachinero Roberto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatton David Lee $441,562
Previous Owner Ben Shoam Yoseph $417,302
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $588,750 -14.7% $220 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
10/09/2020 10/09/20 For Sale $690,000 -- $258 / 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 $15,553 $752,130 -- --
2024 $14,234 $683,755 -- --
2023 $14,234 $634,136 $0 $0
2022 $12,920 $589,878 $364,391 $225,487
2021 $9,380 $447,453 $255,849 $191,604
2020 $9,415 $447,988 $255,849 $192,139
2019 $9,446 $448,525 $255,849 $192,676
2018 $10,166 $449,060 $255,849 $193,211
2017 $4,948 $271,521 $0 $0
2016 $5,047 $269,791 $0 $0
2015 $4,858 $254,800 $0 $0
2014 $4,556 $239,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10932395

MIAMI REALTORS® MLS

APN: 01-4117-003-0370