$675,000
SOLD AUG 19, 2022
-- Bed
-- Bath
1,805 Sq Ft
5,009 Sq Ft Lot

Recently Sold

$374 Per Sq Ft

7% Below List Price

Highlights

  • No HOA
  • Heating Available
  • 1-Story Property
  • Cooling Available

About This Home

As of August 2022

5,000 Sq. Ft. Residential-Income/Duplex and land covered play within Little Havana. T5-L Zoning is ideal for this dynamic submarket experiencing economic growth, sub 2% vacancies pushing rental rates higher and demand is ever stronger for mixed-use infill development like this. There are a multitude of commercial applications for the site, and it benefits from close proximity to the Marlins Stadium. Density allows for 7 units, parking reduction benefits and other programs could allow for 14 under certain City programs. The housing crisis is creating opportunities to design, innovate and be a part of Miami’s development. Contact us immediately about this opportunity.

Last Agent to Sell the Property

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982 Listed on: 05/04/2022

Last Buyer's Agent

Ann Marie Modric

Great Properties International LLC License #3454747

Great Properties International LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,155

Year Built

  • Built in 1939

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Tile Roof

Interior Spaces

  • 1,805 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Lawrence Estate Land Co Condos
  • Lawrence Estate Land Co Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-41-02-005-7290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,155

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1939
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: LAWRENCE ESTATE LAND CO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1805
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Other, Curved/S-Tile Roof
  • Construction Type: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE ESTATE LAND CO
  • Total Parking Spaces: 2

Utilities

  • Sewer: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-02-005-7290
  • Zoning: T5-L
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6155

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Aug 11, 2022
Sold by
Areya Keshvari
Bought by
300 Nw 13Th Avenue Llc
Seller's Agent
Mauricio Villasuso
Fausto Commercial Realty Consultants Inc
Buyer's Agent
Ann Marie Modric
Great Properties International LLC
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Current Estimated Value
$925,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,413
Avg. Annual Appreciation
11.40%

Purchase Details

Listed on
Aug 29, 2018
Closed on
Feb 20, 2019
Sold by
Reyes Angela
Bought by
Keshvari Areya
Seller's Agent
Mauricio Villasuso
Fausto Commercial Realty Consultants Inc
Buyer's Agent
Carlos Fausto Miranda
Fausto Commercial Realty Consultants Inc
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.84%
Original Mortgage
$373,117
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2018
Sold by
Reyes Angela
Bought by
Reyes Angela
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $675,000 Evan R Marbin & Associates Pa
Warranty Deed $380,000 Peninsula Title Corp
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $392,233 FHA
Previous Owner $373,117 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $675,000 -6.9% $374 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $725,000 +90.8% $402 / Sq Ft
02/20/2019 02/20/19 Sold $380,000 0.0% $211 / Sq Ft
08/18/2018 08/18/18 For Sale $380,000 -- $211 / 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 $13,507 $646,411 $500,000 $146,411
2024 $12,548 $630,812 -- --
2023 $12,548 $573,466 $425,000 $148,466
2022 $6,283 $309,930 $0 $0
2021 $6,155 $295,681 $0 $0
2020 $5,893 $282,647 $225,000 $57,647
2019 $7,262 $304,590 $225,000 $79,590
2018 $2,115 $160,112 $0 $0
2017 $2,118 $76,233 $0 $0
2016 $1,969 $71,546 $0 $0
2015 $1,654 $67,663 $0 $0
2014 $1,578 $64,084 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11245650

MIAMI REALTORS® MLS

APN: 01-4102-005-7290