NOT LISTED FOR SALE

Estimated Value: $725,086 - $973,000

5 Beds
3 Baths
2,973 Sq Ft
$284/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $695,000 $234 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,478/month

84 Days on Market

Highlights

  • No HOA
  • Patio
  • Tile Flooring
  • Cooling System Mounted To A Wall/Window
  • Shed
  • Ceiling Fan

About This Home

As of September 2023

This is a Legal Duplex zoned for 2-9 Multi Units. This unique income property is an amazing investment opportunity, that can generate a consider amount of income! The Duplex is located in the heart of Little Havana, close to the Magic City Casino, Miami Airport, Calle Ocho, and Tons of Restaurants including the World Famous Cuban Restaurant Versialles. Little Havana is the perfect location for anyone to live long term or to come stay for a short vacation to Miami! With a few renovations to the property it would be perfect for Air BnB short term rentals allowing Max return on your investment. For showings please text Listing Agent. Please do not disturb tenants.

Last Agent to Sell the Property

Amira Masoud

London Foster Realty License #3369418 Listed on: 06/07/2023

London Foster Realty

Last Buyer's Agent

Ulises Vazquez

LoKation License #3372473

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,754

Year Built

  • Built in 1926

Lot Details

  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,973 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring

Outdoor Features

  • Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Rent includes sewer, trash collection
  • Assessor Parcel Number 01-41-04-024-0451

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Twelfth St Manors 1St Add Condos
  • Twelfth St Manors 1St Add Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,754

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: TWELFTH ST MANORS 1ST ADD
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Yn: No
  • Flooring: Tile
  • Living Area: 2973
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TWELFTH ST MANORS 1ST ADD
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-04-024-0451
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4754

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Sep 12, 2023
Sold by
Sotolongo Jorge C and Sotolongo Elsy
Bought by
Sams Investments Llc
Seller's Agent
Amira Masoud
London Foster Realty
Buyer's Agent
Ulises Vazquez
LoKation
List Price
$699,000
Sold Price
$695,000
Premium/Discount to List
-$4,000
-0.57%
Views
347
Current Estimated Value
$845,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,772
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Apr 22, 2015
Sold by
Sotolongo Mercedes
Bought by
Sotolongo Mercedes and Sotolongo Jorge C
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
Sams Investments Llc $695,000 Title Champs Of Florida
Sams Investments Llc $695,000 Title Champs Of Florida
Sotolongo Mercedes -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sotolongo Jorge $100,000
Previous Owner Sotolongo Jorge $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $695,000 -0.6% $234 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $699,000 0.0% $235 / Sq Ft
08/17/2023 08/17/23 For Sale $699,000 -9.8% $235 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/16/2023 07/16/23 For Sale $775,000 +11.5% $261 / Sq Ft
06/28/2023 06/28/23 Off Market $695,000 -- --
06/28/2023 06/28/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $775,000 -- $261 / 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 $12,142 $616,821 $357,500 $259,321
2024 $11,498 $568,160 $292,406 $275,754
2023 $11,498 $559,348 $282,992 $276,356
2022 $4,754 $257,737 $0 $0
2021 $4,304 $238,957 $0 $0
2020 $3,967 $239,340 $0 $0
2019 $3,705 $231,827 $0 $0
2018 $3,367 $223,220 $0 $0
2017 $3,007 $181,011 $0 $0
2016 $2,884 $169,319 $0 $0
2015 $2,682 $159,495 $0 $0
2014 $2,478 $150,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11399691

MIAMI REALTORS® MLS

APN: 01-4104-024-0451