NOT LISTED FOR SALE

3360 SW 7th St Miami, FL 33135

West Flagler Neighborhood

Estimated Value: $845,000 - $991,000

5 Beds
4 Baths
2,813 Sq Ft
$327/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $510,000 $181 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,029/month

22 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of January 2020

Location, Location, Location. Great investment opportunity in the heart of Miami within steps to Coral Gables, just minutes from Coconut Grove, Brickell and Miami International Airport. This multifamily has over 3,000 SF and offers 3 units. A huge main house and 2 apartments (1 bedroom/1 bathroom /each). The main house features 3 bedrooms/ 2 bathrooms, formal living /dining/ florida room/big kitchen/laundry room and covered porch with almost 2,000SF. Incredible value add in one of Miami's hottest rental markets. This property potentially can produce and income of over $5,000/month. Only one unit rented under market value to a long time tenant (month to month). Big back yard, BarBQ area, 2 storage building and more. Bring your personal touches to increase the property income. CASH COW!!!

Last Agent to Sell the Property

Cynthia Lamaa

RE/MAX 360 Real Estate License #3266189 Listed on: 12/02/2019

RE/MAX 360 Real Estate

Last Buyer's Agent

Stephanie Smith

Miami Way Realty Inc. License #3344009

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,722

Year Built

  • Built in 1955

Lot Details

  • Property is zoned 5700

Parking

  • 6 Parking Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 2,813 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association
  • Ideal Homes No 6 Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection
  • Assessor Parcel Number 01-41-04-040-0130

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,722

Year Built

Built in 1955

Lot Details

7,928 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Directions: Google maps, waze, GPS. On sw 37 ave and 7th ST make an East turn, look for the number 3360, will be on your right.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Subdivision Name: IDEAL HOMES NO 6
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Other
  • Living Area: 2813
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: IDEAL HOMES NO 6
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water, Well
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-04-040-0130
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4722

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Diaz Jose R and Diaz Hilda Maria
Bought by
Diaz Jose R
Current Estimated Value
$919,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$839,000
Outstanding Balance
$811,457
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$107,907

Purchase Details

Listed on
Dec 2, 2019
Closed on
Jan 13, 2020
Sold by
Feldman Yeysenia Herrera and Feldman Alan S
Bought by
Diaz Jose R
Seller's Agent
Cynthia Lamaa
RE/MAX 360 Real Estate
Buyer's Agent
Stephanie Smith
Miami Way Realty Inc.
List Price
$519,999
Sold Price
$510,000
Premium/Discount to List
-$9,999
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$441,086
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2009
Sold by
Herrera Yeysenia
Bought by
Herrera Yeysenia and Feldman Alan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 18, 2003
Sold by
Naranjo Milagros
Bought by
Herrera Yeysenia
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
Diaz Jose R -- Elevated Title
Diaz Jose R $510,000 Coronado Title Inc
Herrera Yeysenia $50,000 None Available
Herrera Yeysenia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Jose R $839,000
Previous Owner Diaz Jose R $441,086
Previous Owner Herrera Yeysenia $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2020 01/13/20 Sold $510,000 -1.9% $181 / Sq Ft
12/24/2019 12/24/19 Pending -- -- --
12/02/2019 12/02/19 For Sale $519,999 -- $185 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $14,939 $719,124 $435,600 $283,524
2024 $13,655 $673,954 -- --
2023 $13,655 $612,686 $310,104 $302,582
2022 $10,083 $485,597 $0 $0
2021 $9,670 $461,113 $229,910 $231,203
2020 $9,925 $430,300 $199,402 $230,898
2019 $4,721 $227,205 $0 $0
2018 $4,551 $222,969 $0 $0
2017 $4,502 $218,383 $0 $0
2016 $4,520 $213,892 $0 $0
2015 $4,561 $212,406 $0 $0
2014 $4,604 $210,721 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Lamaa

    Seller's Agent in 2020

    Cynthia Lamaa

    RE/MAX

    (305) 778-8944

    1 in this area

    42 Total Sales

    Cynthia Lamaa
    Section Image
  • Stephanie Smith

    Buyer's Agent in 2020

    Stephanie Smith

    Miami Way Realty Inc.

    (305) 240-8397

    25 Total Sales

    Stephanie Smith
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10781130

MIAMI REALTORS® MLS

APN: 01-4104-040-0130

Florida Miami/Dade County Miami 33135 West Flagler

3360 SW 7th St, Miami, FL

Not Listed for Sale

Detached

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