320 NE 88th St El Portal, FL 33138
4
Beds
2
Baths
2,985
Sq Ft
6,750
Sq Ft Lot
Highlights
- Guest House
- Room in yard for a pool
- Wood Flooring
- 1 Bedroom Guest House
- Vaulted Ceiling
- Main Floor Bedroom
About This Home
As of November 2023Investment/Renovation Opportunity in highly-desirable El Portal. The main house has 2975 sq ft with 5 bedrooms & 2 bathrooms & there is a guest house with 560 sq ft & 1 bedroom/1 bathroom for a total of 3,535 sq ft with 6 beds/3 baths. Property sold with plans for a full renovation that would leave a 4 bed/2.5 bath main house & 1 bed/1 bath guest house. This is a complete renovation project (cash only, will not qualify for traditional financing) & needs new roof, windows, electric, plumbing, etc. Closed Sale Comps in the neighborhood support a post renovation value of $1.3mm+. (355 NE 88th St sold for $477 PSF, 112 NE 88th St sold for $445 PSF). Great opportunity to add value in one of the Miami area's best neighborhoods. Walking distance to trendy Little River & Miami Shores.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,047
Year Built
- Built in 1925
Lot Details
- 6,750 Sq Ft Lot
- North Facing Home
- Property is zoned 0100
Home Design
- Shingle Roof
Interior Spaces
- 2,985 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Wood Flooring
- Garden Views
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Upstairs
- 2 Full Bathrooms
Parking
- Driveway
- Open Parking
Outdoor Features
- Room in yard for a pool
- Porch
Additional Homes
- Guest House
- 1 Bedroom Guest House
- One Bathroom Guest House
- Guest House Includes Living Room
Schools
- Miami Shores Elementary School
- Horace Mann Middle School
- Miami Edison High School
Utilities
- No Cooling
- No Heating
- Septic Tank
Community Details
- No Home Owners Association
- El Portal Sec 7 Subdivision
Listing and Financial Details
- Assessor Parcel Number 18-32-06-023-0381
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2023
Closed on
Nov 13, 2023
Sold by
Rosenblum Scott
Bought by
Morro Kevin Stephen and Calero Nathalie T
Seller's Agent
Julie Harris
JBV Advisors, Inc.
Buyer's Agent
Demian Thomas
MMLS Assoc.-Inactive Member
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%
Views
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,785
Avg. Annual Appreciation
4.10%
Original Mortgage
$1,487,500
Outstanding Balance
$1,465,274
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$402,511
Purchase Details
Closed on
Jun 8, 2023
Sold by
Vie Holdings I Llc
Bought by
Rosenblum Scott
Purchase Details
Listed on
Mar 17, 2021
Closed on
Jul 12, 2021
Sold by
Lint And Tzhak Lcv Nv Llc
Bought by
Vie Holdings 1 Llc
Seller's Agent
Ben Brissi
BHHS EWM Realty
Buyer's Agent
Julie Harris
JBV Advisors, Inc.
List Price
$675,000
Sold Price
$640,000
Premium/Discount to List
-$35,000
-5.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.24%
Original Mortgage
$544,000
Interest Rate
3%
Mortgage Type
Stand Alone Second
Purchase Details
Listed on
Sep 12, 2019
Closed on
Dec 4, 2019
Sold by
Hmc Assets Llc
Bought by
Lirit And Izhak Lev Nv Llc
Seller's Agent
Denise Zimmer Madan
EXP Realty LLC
Buyer's Agent
Ben Brissi
BHHS EWM Realty
List Price
$449,900
Sold Price
$430,500
Premium/Discount to List
-$19,400
-4.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.54%
Purchase Details
Closed on
May 9, 2019
Sold by
Gutierrez Cabrera Celia
Bought by
Community Development Fund Ii Trust
Purchase Details
Closed on
Aug 3, 1994
Sold by
Carabelli Jorge and Carabelli Janet
Bought by
Cabrera Celia and Gutierrez Greily
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
8.39%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,750,000 | None Listed On Document | |
| Warranty Deed | $1,197,900 | Title Team | |
| Warranty Deed | $640,000 | Title Team | |
| Special Warranty Deed | $430,500 | Attorney | |
| Trustee Deed | $408,100 | Attorney | |
| Warranty Deed | $112,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,487,500 | New Conventional | |
| Previous Owner | $985,106 | Construction | |
| Previous Owner | $544,000 | Stand Alone Second | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $341,000 | Unknown | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $225,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $170,534 | New Conventional | |
| Previous Owner | $40,838 | New Conventional | |
| Previous Owner | $106,400 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2023 11/14/23 | Sold | $1,750,000 | -2.8% | $586 / Sq Ft |
| 10/15/2023 10/15/23 | Pending | -- | -- | -- |
| 09/20/2023 09/20/23 | For Sale | $1,800,000 | 0.0% | $603 / Sq Ft |
| 09/20/2023 09/20/23 | Price Changed | $1,800,000 | +181.3% | $603 / Sq Ft |
| 07/23/2021 07/23/21 | Sold | $640,000 | -5.2% | $214 / Sq Ft |
| 03/17/2021 03/17/21 | For Sale | $675,000 | +56.8% | $226 / Sq Ft |
| 12/06/2019 12/06/19 | Sold | $430,500 | -4.3% | $181 / Sq Ft |
| 10/17/2019 10/17/19 | Pending | -- | -- | -- |
| 09/12/2019 09/12/19 | For Sale | $449,900 | +259.9% | $189 / Sq Ft |
| 10/29/2014 10/29/14 | Sold | $125,000 | -76.2% | $45 / Sq Ft |
| 08/27/2014 08/27/14 | For Sale | $525,000 | -- | $190 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $14,792 | $1,165,101 | $472,626 | $692,475 |
| 2023 | $14,792 | $611,860 | $350,889 | $260,971 |
| 2022 | $13,683 | $564,802 | $303,831 | $260,971 |
| 2021 | $9,811 | $390,544 | $236,313 | $154,231 |
| 2020 | $9,047 | $359,854 | $205,623 | $154,231 |
| 2019 | $2,020 | $111,948 | $0 | $0 |
| 2018 | $1,922 | $109,861 | $0 | $0 |
| 2017 | $1,890 | $107,602 | $0 | $0 |
| 2016 | $1,847 | $105,389 | $0 | $0 |
| 2015 | $1,856 | $104,657 | $0 | $0 |
| 2014 | $1,866 | $103,827 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Harris
Seller's Agent in 2023
Julie Harris
JBV Advisors, Inc.
(305) 851-2222
2 in this area
19 Total Sales
-
William Harris
W
Seller Co-Listing Agent in 2023
William Harris
JBV Advisors, Inc.
(305) 968-9442
1 in this area
5 Total Sales
-
Buyer's Agent in 2023
Demian Thomas
MMLS Assoc.-Inactive Member
(239) 404-1527
-
Ben Brissi
Seller's Agent in 2021
Ben Brissi
BHHS EWM Realty
(561) 870-2211
2 in this area
59 Total Sales
-
Zach Joslin
Seller Co-Listing Agent in 2021
Zach Joslin
BHHS EWM Realty
(561) 222-5240
2 in this area
28 Total Sales
-
Denise Zimmer Madan
Seller's Agent in 2019
Denise Zimmer Madan
EXP Realty LLC
(786) 344-8004
207 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11014464
APN: 18-3206-023-0381
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 329 NE 87th St
- 365 NE 87th St
- 420 NE 87th St
- 276 NE 90th St
- 8538 NE 4th Ave
- 311 NE 90th St
- 376 NE 85th St
- 420 NE 90th St
- 8711 NE 4th Avenue Rd Unit 8711
- 8713 NE 4th Avenue Rd Unit 8713
- 203 NE 90th St
- 8741 NE 4th Ave Rd Unit 8741
- 8960 NE 2nd Ave
- 8823 NE 4th Avenue Rd Unit 8823
- 8318 NE 3rd Ct
- 433 NE 91st St
- 246 NE 92nd St
- 8943 NE 4th Avenue Rd Unit 8943
- 341 NE 92nd St
- 7709 NE 1st Ave