NOT LISTED FOR SALE

2940 SW 25th St Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated Value: $972,000 - $1,210,877

6 Beds
4 Baths
2,950 Sq Ft
$362/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $733,000 $248 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,812/month

6 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Heating Available
  • Coral Gables Senior High School Rated A-
  • Central Air
  • 1-Story Property

About This Home

As of December 2021

Opportunity knocks! Experience double delight in this Dreamy Duplex in the heart of Silver Bluff. Built in 1989 with with two legal, separate entrance, privately-situated, spacious residences (one in the front and one in the rear). Each unit has three bedrooms, two baths, and its own parking. So many options: live in one unit and rent out the other; live in both for an extended compound; or rent them both out for maximum cash flow. Great income upside potential, as current long-term tenants are month to month, with rents well below market rate. New barrel tile roof installed in 2019, with opportunity to update as you see fit. All in a fantastic Silver Bluff location just minutes to Coconut Grove, Coral Way, Coral Gables, Brickell, the Metrorail, and the upcoming new Underline linear park.

Last Agent to Sell the Property

Alexander Rodriguez

Graber Realty Group LLC License #3100455 Listed on: 10/21/2021

Last Buyer's Agent

Erika Cedeno

Chute Real Estate LLC License #3356413

Chute Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,797

Year Built

  • Built in 1989

Lot Details

  • 7,013

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,950 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • The Pines Condos
  • The Pines,Silver Bluff Subdivision, Dreamy Duplex Floorplan

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 01-41-16-011-1480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,797

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1989
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • Master Model: DREAMY DUPLEX
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: THE PINES,SILVER BLUFF
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Other
  • Living Area: 2950
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • 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
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-16-011-1480
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9797

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
Oct 21, 2021
Closed on
Dec 1, 2021
Sold by
Hel & Mar Enterprises Llc
Bought by
Lamb Justin
Seller's Agent
Alexander Rodriguez
Graber Realty Group LLC
Buyer's Agent
Erika Cedeno
Chute Real Estate LLC
List Price
$675,000
Sold Price
$733,000
Premium/Discount to List
$58,000
8.59%
Current Estimated Value
$1,068,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,219
Avg. Annual Appreciation
10.28%
Original Mortgage
$623,050
Outstanding Balance
$572,038
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$496,181

Purchase Details

Closed on
Sep 19, 2018
Sold by
Prato Marlen and Lumpuy Helen
Bought by
Hel & Mar Enterprises Llc

Purchase Details

Closed on
Feb 21, 2014
Sold by
Hernandez Elena
Bought by
Hernandez Elena and Prato Marlen
Source: Public Records

Range of Values:

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Average Value
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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
Lamb Justin $733,000 Title Now
Lamb Justin $733,000 Title Now
Hel & Mar Enterprises Llc -- Attorney
Hernandez Elena -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Justin $623,050
Closed Lamb Justin $623,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $733,000 +8.6% $248 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $675,000 -- $229 / 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 $13,774 $711,432 -- --
2024 $13,698 $691,382 -- --
2023 $13,698 $671,245 $0 $0
2022 $13,341 $652,279 $329,130 $323,149
2021 $10,606 $463,395 $287,212 $176,183
2020 $10,205 $443,456 $265,995 $177,461
2019 $10,126 $438,744 $258,750 $179,994
2018 $8,903 $434,550 $252,022 $182,528
2017 $8,161 $333,697 $0 $0
2016 $7,629 $303,361 $0 $0
2015 $7,085 $275,783 $0 $0
2014 $6,698 $250,712 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alexander Rodriguez

    Graber Realty Group LLC

    (305) 812-7181

    1 in this area

    5 Total Sales

    Alexander Rodriguez
    Section Image
  • Erika Cedeno

    Buyer's Agent in 2021

    Erika Cedeno

    Chute Real Estate LLC

    (786) 523-5290

    1 in this area

    23 Total Sales

    Erika Cedeno
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11114469

MIAMI REALTORS® MLS

APN: 01-4116-011-1480

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

2940 SW 25th St, Miami, FL

This home is located at 2940 SW 25th St, Miami, FL 33133 since 21 October 2021 and is currently estimated at $1,068,219, approximately $362 per square foot. This property was built in 1989. 2940 SW 25th St is a home located in Miami-Dade County with nearby schools including Silver Bluff Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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