NOT LISTED FOR SALE

3124 SW 1st Ave Miami, FL 33129

The Roads Neighborhood
4 Beds
3 Baths
2,389 Sq Ft
1936 Built

Last Sold June 04, 2021

Last sale price $860,000 $360 Per Sq Ft

86 Days on Market

Highlights

  • Deck
  • 2-minute walk to Vizcaya
  • Bay Window
  • Wood Flooring
  • No HOA
  • Interior Lot

About This Home

As of June 2021

Attention Investors Unique opportunity to own a multifamily in the Roads. The property has two buildings and 4 units. Two 1 Bed- 1 Bath units, One 2 Beds-1 Bath house and One Studio apartment. The property was substantially renovated in 2012 and has stable tenants. The property is well maintained and three units have private patios or decks. There are also 5 off-street parking spaces. Great location near schools, walking distance to Brickell Financial Center, world class shopping and entertainment. Easy access to transportation just steps from Vizcaya Metrorail station and Free Trolley. Duplex operated as Four Units with 4 water meters and 2 FPL meters. Gross Annual Income $68,640.

Last Agent to Sell the Property

Claudia Del Toro

Cervera Real Estate Inc. License #3100027 Listed on: 01/25/2021

Cervera Real Estate Inc.

Last Buyer's Agent

Gabriela Belanian

Beachfront Realty Inc License #3163928

Beachfront Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,374

Year Built

  • Built in 1936

Lot Details

  • Fenced
  • Interior Lot
  • Property is zoned 5700

Parking

  • 5 Parking Spaces

Home Design

  • Shingle Roof
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,389 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Bay Window

Flooring

  • Wood
  • Tile

Outdoor Features

  • Deck
  • Exterior Lighting

Additional Features

  • West of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $68,640
  • Rent includes gardener, trash collection
  • Assessor Parcel Number 01-41-39-007-0710

Community Details

Overview

  • No Home Owners Association
  • East Shenandoah Subdivision

Amenities

  • Laundry Facilities

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,374

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1936
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: Across from Vizcaya Metrorail Station. Use GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: EAST SHENANDOAH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Other, Tile, Wood
  • Living Area: 2389
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Bay Window(s), Blinds, Other Windows

Exterior Features

  • Roof: Built-Up, Shingle
  • Exterior Features: Exterior Lights, Other
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, Interior Lot, West Of US 1
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: EAST SHENANDOAH
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), 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: 01-41-39-007-0710
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection

Multi Family

  • Net Operating Income: 49320
  • Number Of Units In Community: 4
  • Annual Operating Expense: 19320
  • Total Actual Rent: 68640

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9374

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2021 06/04/21 Sold $860,000 -3.4% $360 / Sq Ft
01/25/2021 01/25/21 For Sale $890,000 0.0% $373 / Sq Ft
02/04/2014 02/04/14 Rented $1,850 0.0% --
01/05/2014 01/05/14 Under Contract -- -- --
12/27/2013 12/27/13 For Rent $1,850 +48.0% --
05/17/2013 05/17/13 Rented $1,250 0.0% --
04/17/2013 04/17/13 Under Contract -- -- --
10/23/2012 10/23/12 For Rent $1,250 0.0% --
05/01/2012 05/01/12 Sold $225,000 -43.6% $88 / Sq Ft View Prior Sale
03/12/2012 03/12/12 Pending -- -- --
07/18/2011 07/18/11 For Sale $399,000 -- $156 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Claudia Del Toro

    Seller's Agent in 2021

    Claudia Del Toro

    Cervera Real Estate Inc.

    (305) 374-3434

    3 in this area

    27 Total Sales

    Claudia Del Toro
    Section Image
  • Gabriela Belanian

    Buyer's Agent in 2021

    Gabriela Belanian

    Beachfront Realty Inc

    (305) 300-4781

    5 in this area

    14 Total Sales

    Gabriela Belanian
    Section Image

  • K

    Buyer's Agent in 2013

    Kelly Charles

    MMLS Assoc.-Inactive Member

    Section Image

  • A

    Seller's Agent in 2012

    Andrea Desiderio

    Grand Realty of America, Corp.

    (305) 865-9811

    1 Total Sale

    Andrea Desiderio
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10988925

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami 33129 The Roads

3124 SW 1st Ave, Miami, FL

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