$850,000
SOLD JUN 8, 2022
-- Bed
-- Bath
2,232 Sq Ft
4,008 Sq Ft Lot

Recently Sold

$381 Per Sq Ft

3% Below List Price

79 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Coral Gables Senior High School Rated A-
  • Central Heating and Cooling System

About This Home

As of June 2022

Unique investment opportunity duplex corner unit 3BR/2BA & laundry each side for a total of 6/4 well equipped with appliances and designed with maximized use of space. Centrally located walking distance to Miracle Mile & Coral Gables & a short drive to Cocowalk. Best Schools & Universities nearby. Each duplex has 1 bedroom 1 bathroom downstairs and 2 bedrooms 1 Jack & Jill bathroom upstairs. Wraparound balconies offer lots of light. INVESTORS: $84K Potential gross income. Rents in the area run close to $3,500 for a 3/2. Each side has 2 parking's & there are additional street parking's in front and side. Separate water & Electric meters. Also, buyers can live on one side and rent the other. Sellers are looking for a cash buyer.

Last Agent to Sell the Property

Walfrido Ramos

Majestic Realty Services License #0693075 Listed on: 02/19/2022

Last Buyer's Agent

Suamy Saavedra

SABIZ, Inc. License #3404203

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,505

Year Built

  • Built in 1979

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Elevated Home
  • Substantially Remodeled
  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Composition Shingle

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Allen Estates Condos
  • Allen Estates Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-41-16-010-0012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,505

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1979
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: Find Douglas Road and drive south on SW 24 street to property. Corner of 34 Avenue and SW 24 St.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: ALLEN ESTATES
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 2232
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction, Composition Shingle, Elevated Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ALLEN ESTATES
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-16-010-0012
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3505

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
Jun 8, 2022
Sold by
Barbat Jesus G and Barbat Susana M
Bought by
Saavedra Ariel and Saavedra Suamy
Seller's Agent
Walfrido Ramos
Majestic Realty Services
Buyer's Agent
Suamy Saavedra
SABIZ, Inc.
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%
Total Days on Market
79
Current Estimated Value
$1,017,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,402
Avg. Annual Appreciation
6.07%
Original Mortgage
$637,500
Outstanding Balance
$610,986
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$402,223

Purchase Details

Closed on
May 21, 2004
Sold by
Barbat Jesus G and Susana Barbat M
Bought by
Barbat Jesus G and Susana Barbat M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.88%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $850,000 All World Title
Interfamily Deed Transfer $17,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $637,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $130,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Rented $3,575 0.0% --
05/08/2023 05/08/23 Under Contract -- -- --
05/04/2023 05/04/23 For Rent $3,575 -0.7% --
09/22/2022 09/22/22 Rented $3,600 +0.7% --
09/21/2022 09/21/22 For Rent $3,575 0.0% --
09/21/2022 09/21/22 Under Contract -- -- --
09/16/2022 09/16/22 For Rent $3,575 0.0% --
06/08/2022 06/08/22 Sold $850,000 -2.9% $381 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $875,000 -- $392 / 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
2024 $12,256 $623,307 $280,000 $343,307
2023 $12,256 $559,257 $244,000 $315,257
2022 $3,524 $176,069 $0 $0
2021 $3,505 $170,941 $0 $0
2020 $3,464 $168,581 $0 $0
2019 $3,389 $164,791 $0 $0
2018 $3,268 $161,719 $0 $0
2017 $3,231 $158,393 $0 $0
2016 $3,238 $155,136 $0 $0
2015 $3,264 $154,058 $0 $0
2014 $3,292 $152,836 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11163320

MIAMI REALTORS® MLS

APN: 01-4116-010-0012