NOT LISTED FOR SALE

Estimated Value: $973,000 - $1,668,000

4 Beds
4 Baths
3,188 Sq Ft
$419/Sq Ft Est. Value

Sale Details

Date Sold: December 31, 2013

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

Est. 106% increase in value since last sale

Current estimated payment $8,213 / mo

129 Days on Market

Highlights

  • No HOA
  • Air Conditioning
  • 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: 08/20/2013

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

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

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

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Parking Available

Utilities

  • Air Conditioning
  • Heating Available
  • Separate Meters
  • 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 Sq Ft Lot

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
  • LastStatus: Pending
  • CurrentPrice: 650000
  • InternetRemarks: 4 units income property in Coconut Grove. Walk to shops and entertainment, prime site to develop later. 5.75% return. Owner financing possible. offers
  • UnitTypeDescription: Kitchen,Laundry Room,Patio/Porch
  • UnitTypeDescription: Laundry Room,Kitchen,Patio/Porch
  • MIAMIRE_EfficiencyYN: No
  • UnitTypeDescription: Kitchen,Laundry Room,Patio/Porch
  • MIAMIRE_EfficiencyYN: No
  • MIAMIRE_Equipment: Air Conditioning Unit, Circuit Breaker, Dryer, Electric Meter, Range, Refrigerator, Washer
  • UnitTypeDescription: Kitchen,Laundry Room
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

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

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
  • MIAMIRE_Parking: Space
  • MIAMIRE_Parking: Space
  • MIAMIRE_Parking: Space
  • MIAMIRE_Parking: Space

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2013
Closed on
Dec 30, 2013
Sold by
Bought by
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
$1,337,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,197
Avg. Annual Appreciation
5.93%
Original Mortgage
$441,000
Interest Rate
0.0438%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2010
Sold by
Bought by

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
0.06%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$630,000 Attorney
$325,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $441,000
Closed $243,750
Closed $125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1832315

MIAMI REALTORS® MLS

APN: 01-4121-007-0190

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