NOT LISTED FOR SALE

Estimated Value: $822,628 - $1,028,000

3 Beds
2 Baths
2,020 Sq Ft
$468/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $615,000 $304 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,186/month

194 Days on Market

Highlights

  • No HOA
  • Partial Panel Shutters or Awnings
  • Tile Flooring
  • Coral Gables Senior High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Douglas Park

About This Home

As of October 2021

3/2, 1/1 Duplex with an incredible location! Blocks from Coconut Grove and Coral Gables. Zoning is T4L which allows for 6 units to be built. Back 1/1 unit is fully renovated with impact doors and windows. Front 3/2 unit has accordion shutters throughout. Office, bed and breakfast, shopfront, and multifamily allowable. Excellent potential for a development site up to 3 stories.

Last Agent to Sell the Property

William Alvarez

Sterling One Realty, Inc. License #3267685 Listed on: 03/05/2021

Co-Listed By

Ashley Alvarez

Sterling One Realty, Inc. License #3307694

Last Buyer's Agent

Ashley Alvarez

Sterling One Realty, Inc. License #3307694

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,855

Year Built

  • Built in 1927

Lot Details

  • 8,102

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,020 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Home Security

  • Partial Panel Shutters or Awnings
  • Partial Impact Glass

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

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

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-41-17-003-1540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,855

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Co List Office Mls Id: STRL01
  • Co List Office Phone: 305-285-2322
  • 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: Tile
  • Living Area: 2020
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Partial Impact Glass, Partial Panel Shutters/Awnings

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction, Frame With Stucco
  • 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: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-17-003-1540
  • Zoning: 3901
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7855

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Oct 6, 2021
Sold by
Lata Juan
Bought by
Hughes Kim and Hughes Land Holding Trust
Seller's Agent
William Alvarez
Sterling One Realty, Inc.
Buyer's Agent
Ashley Alvarez
Sterling One Realty, Inc.
List Price
$690,000
Sold Price
$615,000
Premium/Discount to List
-$75,000
-10.87%
Current Estimated Value
$945,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,657
Avg. Annual Appreciation
11.79%
Original Mortgage
$400,000
Outstanding Balance
$105,303
Interest Rate
2.8%
Mortgage Type
Seller Take Back
Estimated Equity
$840,354
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
Hughes Kim $615,000 Union Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Kim $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $615,000 -2.2% $304 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $629,000 -5.4% $311 / Sq Ft
04/08/2021 04/08/21 Price Changed $664,999 -3.6% $329 / Sq Ft
03/05/2021 03/05/21 For Sale $690,000 -- $342 / 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 $12,390 $612,893 -- --
2024 $11,671 $557,176 -- --
2023 $11,671 $506,524 $0 $0
2022 $10,253 $460,477 $284,060 $176,417
2021 $8,270 $341,036 $0 $0
2020 $7,855 $378,975 $284,060 $94,915
2019 $7,472 $379,211 $284,060 $95,151
2018 $6,956 $379,448 $284,060 $95,388
2017 $6,721 $232,934 $0 $0
2016 $6,613 $211,759 $0 $0
2015 $5,670 $171,135 $0 $0
2014 $5,554 $155,578 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11008941

MIAMI REALTORS® MLS

APN: 01-4117-003-1540