NOT LISTED FOR SALE

3437 NW 3rd Ave Miami, FL 33127

Wynwood Neighborhood

Estimated Value: $744,000 - $1,364,773

3 Beds
2 Baths
1,470 Sq Ft
$730/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $425,000 $289 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $6,924/month

303 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • 5-minute walk to Roberto Clemente Park

About This Home

As of September 2020

Location! Location! Location! This duplex is located in the hot Wynwood district. One side is a 2/2 paying $1300/m. The other side is a 2/1 paying $1200/m. Note that both tenants pay for their water, garbage, and electric!!! They have been remodeled in the past and the building has a new roof. Each unit has a separate fenced back yard. Cap rate at full price is equal to 5%. Market rents of $1400/m would bring cap to 6%. The Wynwood boom has only started. Priced to sell, please do not approach tenants. Follow showing instructions to view a unit

Last Agent to Sell the Property

Jack Coden

Keller Williams Eagle Realty License #0687911 Listed on: 09/25/2019

Keller Williams Eagle Realty

Last Buyer's Agent

Nicholas Sproul

Southwestern Real Estate License #3330777

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,664

Year Built

  • Built in 1955

Lot Details

  • 5,009

Home Design

  • Duplex
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units
  • Wynwood Park Condos
  • Wynwood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-019-0620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,664

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: WYNWOOD PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1470
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WYNWOOD PARK

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-25-019-0620
  • Zoning: 3901
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4664

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Sep 1, 2020
Sold by
Fabelo Investments Llc
Bought by
Guerrero Raul
Seller's Agent
Jack Coden
Keller Williams Eagle Realty
Buyer's Agent
Nicholas Sproul
Southwestern Real Estate
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Current Estimated Value
$1,072,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$647,443
Avg. Annual Appreciation
20.29%
Original Mortgage
$417,302
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 2014
Sold by
Fabelo Joel F
Bought by
Fabelo Investments Llc

Purchase Details

Closed on
Sep 13, 2002
Sold by
Radames Heredia M and Radames Teresa Heredia
Bought by
Fabelo Joel F

Purchase Details

Closed on
Jan 21, 1998
Sold by
Cortes Martha M and Cortes Vaillant
Bought by
Heredia Radames and Heredia Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,400
Interest Rate
7.19%
Mortgage Type
FHA
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
Guerrero Raul $425,000 Harbor Title Inc
Fabelo Investments Llc -- Attorney
Fabelo Joel F $105,000 --
Heredia Radames $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerrero Raul $417,302
Previous Owner Heredia Radames $64,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $425,000 -7.4% $289 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
10/29/2019 10/29/19 Price Changed $459,000 +2.2% $312 / Sq Ft
09/11/2019 09/11/19 For Sale $449,000 -- $305 / 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 $13,108 $619,993 -- --
2024 $8,173 $563,630 -- --
2023 $8,173 $344,321 $0 $0
2022 $6,835 $333,572 $0 $0
2021 $7,203 $303,248 $250,000 $53,248
2020 $5,816 $263,414 $225,000 $38,414
2019 $5,360 $238,454 $200,000 $38,454
2018 $4,664 $188,493 $150,000 $38,493
2017 $4,330 $168,532 $0 $0
2016 $4,439 $168,572 $0 $0
2015 $4,503 $168,350 $0 $0
2014 $2,728 $85,791 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jack Coden

    Seller's Agent in 2020

    Jack Coden

    Keller Williams Eagle Realty

    (305) 694-3843

    256 Total Sales

    Jack Coden
    Section Image
  • Nicholas Sproul

    Buyer's Agent in 2020

    Nicholas Sproul

    Southwestern Real Estate

    (954) 304-5186

    113 Total Sales

    Nicholas Sproul
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10744447

MIAMI REALTORS® MLS

APN: 01-3125-019-0620

Florida Miami/Dade County Miami 33127 Wynwood

3437 NW 3rd Ave, Miami, FL

This home is located at 3437 NW 3rd Ave, Miami, FL 33127 since 25 September 2019 and is currently estimated at $1,072,443, approximately $729 per square foot. This property was built in 1955. 3437 NW 3rd Ave is a home located in Miami-Dade County with nearby schools including Eneida M. Hartner Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

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.

MIAMI REALTORS® MLS 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.

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