NOT LISTED FOR SALE

3151 NW 88th St Miami, FL 33147

Estimated Value: $595,702 - $677,000

2 Beds
3 Baths
1,840 Sq Ft
$343/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $275,000 $149 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,925/month

6 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating
  • Cooling Available

About This Home

As of December 2018

Great investment opportunity, live in one side and rent the other, or rent both. Nicely kept and maintained duplexes.

Last Agent to Sell the Property

Eliud Perez

Global Luxury Realty LLC License #3341895 Listed on: 10/08/2018

Global Luxury Realty LLC

Last Buyer's Agent

Diego Mejia

Florida Realty of Miami Corp License #3293963

Florida Realty of Miami Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,592

Year Built

  • Built in 1957

Lot Details

  • 5,250 Sq Ft Lot

Home Design

  • Duplex
  • Flat Roof Shape

Interior Spaces

  • 3 Bathrooms
  • 1,840 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3031040100060

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 87Th St Manor Subdivision

Building Details

  • Gross Income $2,600
  • Net Operating Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,592

Year Built

Built in 1957

Lot Details

5,250 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Just on the corner of 88 Street and 31 court.
  • Year Built: 1957
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1840.0

Exterior Features

  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Central, Individual
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 3031040100060
  • Lot Size Acres: 0.12
  • Lot Size: 50.0 ft x 105.0 ft
  • Lot Size Sq Ft: 5227.2
  • Mobile Dim Units: Feet
  • Zoning: 5100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Water

Multi Family

  • Property Net Operating Income: 31200.0
  • Number Of Units In Community: 2
  • Annual Gross Income: 2600.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2592.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Dec 13, 2018
Sold by
Garcia Jorge and Camacho Iyoandra
Bought by
Mejia Diego E
Seller's Agent
Eliud Perez
Global Luxury Realty LLC
Buyer's Agent
Diego Mejia
Florida Realty of Miami Corp
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%
Current Estimated Value
$630,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,926
Avg. Annual Appreciation
12.14%
Original Mortgage
$260,200
Outstanding Balance
$226,565
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$404,361

Purchase Details

Closed on
Dec 13, 2002
Sold by
Diaz Joel and Meza Nahiby
Bought by
Garcia Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,982
Interest Rate
6.07%

Purchase Details

Closed on
Oct 27, 1995
Sold by
Equity One Group Inc
Bought by
Diaz Joel and Garcia Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,928
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 1995
Sold by
Kemen Robert and Kemen Marguerite Coleman
Bought by
Equity 1 Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mejia Diego E $275,000 Attorney
Garcia Jorge $125,000 --
Diaz Joel $65,000 --
Equity 1 Group Inc $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Diego E $260,200
Previous Owner Garcia Jorge $123,982
Previous Owner Diaz Joel $64,928
Previous Owner Equity 1 Group Inc $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2018 12/13/18 Sold $275,000 -5.2% $149 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $290,000 -- $158 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $8,134 $395,189 -- --
2024 $7,092 $359,263 -- --
2023 $7,092 $326,603 $0 $0
2022 $5,950 $263,308 $0 $0
2021 $5,202 $239,371 $0 $0
2020 $4,828 $217,610 $64,018 $153,592
2019 $4,875 $219,635 $64,018 $155,617
2018 $2,711 $147,695 $0 $0
2017 $2,592 $130,404 $0 $0
2016 $2,452 $122,385 $0 $0
2015 $2,343 $115,743 $0 $0
2014 $2,260 $109,622 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Eliud Perez

    Global Luxury Realty LLC

    (678) 294-5521

    15 Total Sales

    Eliud Perez
    Section Image
  • Diego Mejia

    Buyer's Agent in 2018

    Diego Mejia

    Florida Realty of Miami

    (305) 776-7394

    Diego Mejia
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10470601

BeachesMLS (Greater Fort Lauderdale)

APN: 30-3104-010-0060

Florida Miami/Dade County Miami 33147

3151 NW 88th St, Miami, FL

Not Listed for Sale

MultiFamily

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