NOT LISTED FOR SALE

3445 SW 23rd Terrace Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $822,000 - $1,080,000

4 Beds
2 Baths
2,207 Sq Ft
$418/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $765,000 $347 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,175/month

17 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • 1-Story Property
  • Coral Gables Senior High School Rated A-
  • Central Heating and Cooling System

About This Home

As of January 2024

Rare opportunity to own an immaculately kept duplex situated within a few blocks from Coral Gables and minutes away from the Grove. The first unit has 2 beds and 1 bath with large common areas and AC is from 2019, the second and third units have 1 large bedroom and 1 bath each. Each unit has its own private entrance, up to 4 cars may be parked on the property, with shared laundry room onsite. Whether you are looking for a place to call home or a promising investment opportunity, this duplex is a rare gem that offers a great potential for return. Each tenant is month to month. Limited pictures of 2/1 unit due to it being tenant occupied. Property can be shown by appointment only on Wednesdays and Saturdays between 11 am and 1 pm.

Last Agent to Sell the Property

Nordis Forcade-Martin

Keller Williams Capital Realty License #3407305 Listed on: 10/31/2023

Keller Williams Capital Realty

Last Buyer's Agent

Nordis Forcade-Martin

Keller Williams Capital Realty License #3407305 Listed on: 10/31/2023

Keller Williams Capital Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,276

Year Built

  • Built in 1957

Lot Details

  • 7,013

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,207 Sq Ft Home
  • 1-Story Property

Flooring

  • Terrazzo
  • Vinyl

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Amnd Plat Of Miami Suburb Condos
  • Amnd Plat Of Miami Suburb Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 01-41-16-009-3522

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,276

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: AMND PLAT OF MIAMI SUBURB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Vinyl
  • Living Area: 2207
  • 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: AMND PLAT OF MIAMI SUBURB
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: 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: 01-41-16-009-3522
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5276

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Jan 16, 2024
Sold by
Delgado Martha Mercedes
Bought by
3445 Sw 23 Terrace Llc
Seller's Agent
Nordis Forcade-Martin
Keller Williams Capital Realty
Buyer's Agent
Nordis Forcade-Martin
Keller Williams Capital Realty
List Price
$739,900
Sold Price
$765,000
Premium/Discount to List
$25,100
3.39%
Views
125
Current Estimated Value
$921,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,805
Avg. Annual Appreciation
12.84%
Source: Public Records

Range of Values:

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Average Value
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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
3445 Sw 23 Terrace Llc -- Efficient Title And Escrow, Ll
3445 Sw 23 Terrace Llc $765,000 Efficient Title And Escrow, Ll
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $765,000 +3.4% $347 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $739,900 -- $335 / 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 $13,943 $777,323 $560,560 $216,763
2024 $12,990 $655,474 -- --
2023 $12,990 $594,955 $427,191 $167,764
2022 $5,276 $265,722 $0 $0
2021 $4,922 $247,009 $0 $0
2020 $4,439 $275,179 $0 $0
2019 $4,194 $269,764 $0 $0
2018 $3,865 $264,726 $0 $0
2017 $3,540 $189,545 $0 $0
2016 $3,356 $177,889 $0 $0
2015 $3,190 $168,235 $0 $0
2014 $2,915 $159,337 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11477905

MIAMI REALTORS® MLS

APN: 01-4116-009-3522