$605,000
SOLD AUG 2, 2024
-- Bed
-- Bath
1,914 Sq Ft
1966 Built

Recently Sold

$316 Per Sq Ft

2% Below List Price

6 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling Available
  • Ceiling Fan
  • 1-Story Property

About This Home

As of August 2024

Fully leased profitable investment property that generated $5,600 per month or $67,200 annually. The first unit is a 3 bedroom, 1 bath unit that generates $2,000 monthly income. The second unit is a 2-bedroom, one bathroom that generates $1,800 and the third unit is also a 2-bedroom with one bathroom that generates $1,800 in monthly income. All bathrooms have been updated, all units have tile flooring. Tenants pay their own electricity, water is divided between the three tenants (40/30/30). Do Not Disturb the tenants. Roof is certified to have over five years of life.

Last Agent to Sell the Property

Gloria Heck

RE/MAX Direct License #3034929 Listed on: 06/28/2024

RE/MAX Direct

Last Buyer's Agent

Shiranie Kikutis

Coldwell Banker Realty License #0707546

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,956

Year Built

  • Built in 1966

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,914 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Cooling Available
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $67,200
  • Rent includes gardener, pest control
  • Assessor Parcel Number 484233047640

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Collier City Condos
  • Collier City Subdivision

Building Details

  • Operating Expense $15,143
  • Net Operating Income $52,057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,956

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1966
  • Property Sub Type: Triplex
  • Architectural Style: Attached
  • Directions: Use GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: Collier City
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1914
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction, Pre-Cast Concrete Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Collier City
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484233047640
  • Zoning: RD-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control

Multi Family

  • Net Operating Income: 52057
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 15143
  • Total Actual Rent: 67200

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6956

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Jul 24, 2024
Sold by
Mgf Property Vi Llc
Bought by
Alazzawi And Bacsa Family Trust and Alazzawi
Seller's Agent
Gloria Heck
RE/MAX Direct
Buyer's Agent
Shiranie Kikutis
Coldwell Banker Realty
List Price
$620,000
Sold Price
$605,000
Premium/Discount to List
-$15,000
-2.42%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Dec 28, 2022
Sold by
Cowan Earle and Cowan Carol
Bought by
Mgf Property Vi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 30, 2013
Closed on
Mar 20, 2014
Sold by
Wells Fargo Bank Na
Bought by
Cowan Carol and Cowan Earle
Seller's Agent
Karen Kelley
Century 21 Hansen Realty Inc
Buyer's Agent
Juan Martin
Charles Rutenberg Realty FTL
List Price
$119,900
Sold Price
$105,000
Premium/Discount to List
-$14,900
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.33%

Purchase Details

Closed on
Dec 3, 2013
Sold by
Williams Ivery L and Williams Mary E
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 21, 1998
Sold by
Wright Willie James
Bought by
Wright Willie J and Harry Gwendolyn

Purchase Details

Closed on
Mar 31, 1997
Sold by
Collier Residential Corp
Bought by
Williams Ivery L and Williams Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 1995
Sold by
Clerk Circuit Court
Bought by
E M C Mtg Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 1995
Sold by
E M C Mtg Corp
Bought by
Collier Residential Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 1995
Sold by
Clerk Circuit Court
Bought by
Home Sav Amer F S B and Home Sav Amer F A
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 Type Sale Price Title Company
Warranty Deed $605,000 Sunbelt Title Agency
Warranty Deed $445,000 --
Special Warranty Deed $105,000 Servicelink
Trustee Deed $78,800 None Available
Quit Claim Deed -- --
Warranty Deed $65,000 --
Deed -- --
Deed $37,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $333,750 New Conventional
Previous Owner $187,500 New Conventional
Previous Owner $52,000 Commercial
Previous Owner $150,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Price Changed $645,000 -2.3% $337 / Sq Ft
05/30/2025 05/30/25 Price Changed $660,000 -1.5% $345 / Sq Ft
04/07/2025 04/07/25 For Sale $670,000 +10.7% $350 / Sq Ft
08/02/2024 08/02/24 Sold $605,000 -2.4% $316 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $620,000 +490.5% $324 / Sq Ft
03/28/2014 03/28/14 Sold $105,000 -12.4% $55 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $119,900 -- $63 / 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 $6,861 $541,110 $30,930 $510,180
2024 $6,956 $285,810 $30,930 $254,880
2023 $6,956 $285,810 $30,930 $254,880
2022 $5,188 $191,230 $0 $0
2021 $4,590 $173,850 $0 $0
2020 $4,181 $204,370 $30,930 $173,440
2019 $3,965 $196,240 $30,930 $165,310
2018 $3,412 $152,330 $30,930 $121,400
2017 $2,961 $118,760 $0 $0
2016 $2,645 $107,970 $0 $0
2015 $2,460 $98,160 $0 $0
2014 $2,269 $88,590 $0 $0
2013 -- $82,930 $30,930 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11614949

MIAMI REALTORS® MLS

APN: 48-42-33-04-7640