NOT LISTED FOR SALE

3361 Percival Ave Miami, FL 33133

Southwest Coconut Grove Neighborhood

Estimated Value: $858,000 - $1,315,000

4 Beds
4 Baths
3,188 Sq Ft
$357/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $650,000 $204 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $7,015/month

129 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating Available
  • Coconut Grove Elementary School Rated A
  • Tile Flooring
  • 4-minute walk to Billy Rolle Mini Park

About This Home

As of December 2013

Two buildings (two folios) on 9000sf walk to the heart of Coconut Grove. Great future development opportunity with a strong return. 4 units with 2 bedrooms, well kept and never vacant. Two have new central AC and two have wall units. Rents can easily be i ncreased. Priced at a 5.75 CAP on $45,000 actual net income. Do not disturb the tenants. Contact LA for showing instructions. Owner financing possible with strong down payment. Location, Location, Location.

Last Agent to Sell the Property

Don Elliott

Elliott Realty Services Inc. License #0536360 Listed on: 08/22/2013

Last Buyer's Agent

Susan Bloom

Wenzel Investment Group License #3272693

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 90x100
  • Property is zoned 57/GENER

Parking

  • 6 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,188 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $57,600
  • Assessor Parcel Number 01-41-21-007-0190

Community Details

Overview

  • No Home Owners Association
  • Frow Homestead Subdivision, 2 Duplexes Floorplan

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,949

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: 4 STREETS NORTH OF GRAND BETWEEN (WEST OF)32 AVE AND ELIZABETH
  • Horses: No
  • Lot Size: 90x100
  • Master Model: 2 duplexes
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: FROW HOMESTEAD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3188
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: FROW HOMESTEAD
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-21-007-0190
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 45000
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 12600
  • Total Actual Rent: 57600

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Dec 30, 2013
Sold by
Korth Property Management Llc
Bought by
Casa Koo Llc
Seller's Agent
Don Elliott
Elliott Realty Services Inc.
Buyer's Agent
Susan Bloom
Wenzel Investment Group
List Price
$790,000
Sold Price
$650,000
Premium/Discount to List
-$140,000
-17.72%
Current Estimated Value
$1,137,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,291
Avg. Annual Appreciation
4.84%
Original Mortgage
$441,000
Outstanding Balance
$332,803
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$804,488

Purchase Details

Closed on
Jun 10, 2010
Sold by
Janoski Ken
Bought by
Korth Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Casa Koo Llc $630,000 Attorney
Korth Property Management Llc $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casa Koo Llc $441,000
Previous Owner Korth Property Management Llc $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2013 12/31/13 Sold $650,000 -17.7% $204 / Sq Ft
12/27/2013 12/27/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $790,000 -- $248 / 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 $12,391 $529,133 -- --
2024 $11,247 $481,030 -- --
2023 $11,247 $437,300 $0 $0
2022 $9,602 $397,546 $0 $0
2021 $8,439 $361,406 $240,750 $120,656
2020 $9,116 $396,144 $274,500 $121,644
2019 $8,638 $397,133 $274,500 $122,633
2018 $8,026 $398,120 $274,500 $123,620
2017 $7,556 $293,326 $0 $0
2016 $6,893 $266,660 $0 $0
2015 $6,309 $242,419 $0 $0
2014 $5,758 $220,381 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Elliott

    Seller's Agent in 2013

    Don Elliott

    Elliott Realty Services Inc.

    (305) 332-1220

    14 Total Sales

    Don Elliott
    Section Image

  • S

    Buyer's Agent in 2013

    Susan Bloom

    Wenzel Investment Group

    (305) 448-2266

    1 Total Sale

    Susan Bloom
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1832315

MIAMI REALTORS® MLS

APN: 01-4121-007-0190

Florida Miami/Dade County Miami 33133 Southwest Coconut Grove

3361 Percival Ave, Miami, FL

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