NOT LISTED FOR SALE

Estimated Value: $655,000 - $860,000

-- Bed
-- Bath
2,892 Sq Ft
$260/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $849,900 $294 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $4,994/month

55 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Fenced
  • 3-minute walk to Roosevelt Gardens Park

About This Home

As of May 2024

Knock Knock! Unbelievable Investor's Opportunity. This 7 bedroom, 4 and 1/2 bath home has a long-term corporate tenant paying $9000 per month. Property comes with a $30K Back-up Generator w/2 propane tanks for 5 continuous days of redundant power. Property was previously licensed for a 14 Bed ALF. Being currently used as an Independant Living Facility. Ample square footage. Property has been totally remodeled and is ready for new owner already producing cash flow. Call today for more details.

Last Agent to Sell the Property

James Bunyan

Millennium III Realty Services License #0634046 Listed on: 03/21/2024

Last Buyer's Agent

Keily Berrios

Luxe Properties License #3387752

Luxe Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,073

Year Built

  • Built in 2005

Lot Details

  • 7,013

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,892 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Additional Features

  • Fenced
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Roosevelt Gardens Condos
  • Roosevelt Gardens Subdivision

Listing and Financial Details

  • Total Actual Rent $9,000
  • Rent includes gardener
  • Assessor Parcel Number 494232060640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,073

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2005
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: ROOSEVELT GARDENS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2892
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Park Building Name: ROOSEVELT GARDENS
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • 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: 494232060640
  • Zoning: RS-5
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8073

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Total Actual Rent: 9000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 16, 2024
Sold by
Ambassador Investment & Realty Llc
Bought by
American Tulip Llc
Seller's Agent
James Bunyan
Millennium III Realty Services
Buyer's Agent
Keily Berrios
Luxe Properties
List Price
$849,900
Sold Price
$849,900
Views
21
Current Estimated Value
$750,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,418
Avg. Annual Appreciation
-3.67%

Purchase Details

Closed on
Feb 24, 2023
Sold by
Ross Beverly and Ross James
Bought by
Ambassador Investment & Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2001
Sold by
Lawton L and Lawton Queen E
Bought by
Ross Beverly and Ross James
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
American Tulip Llc $849,900 Nu World Title
Ambassador Investment & Realty Llc $523,000 Tropics Title Services
Ross Beverly $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ambassador Investment & Realty Llc $392,000
Previous Owner Ross Beverly $229,125
Previous Owner Ross James $192,750
Previous Owner Ross James $150,000
Previous Owner Lawton Louis $33,145
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $849,900 0.0% $294 / Sq Ft
03/21/2024 03/21/24 For Sale $849,900 -- $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 $10,862 $697,430 $31,500 $665,930
2024 $8,073 $697,430 $31,500 $665,930
2023 $8,073 $289,150 $0 $0
2022 $6,871 $262,870 $0 $0
2021 $6,257 $238,980 $0 $0
2020 $5,809 $387,220 $31,500 $355,720
2019 $5,203 $327,820 $31,500 $296,320
2018 $4,673 $296,300 $24,500 $271,800
2017 $4,213 $163,240 $0 $0
2016 $3,663 $148,400 $0 $0
2015 $3,465 $134,910 $0 $0
2014 $3,105 $122,650 $0 $0
2013 -- $108,990 $14,000 $94,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11554939

MIAMI REALTORS® MLS

APN: 49-42-32-06-0640