NOT LISTED FOR SALE

355 W 10th St Hialeah, FL 33010

Hialeah Acres Neighborhood
-- Bed
-- Bath
3,977 Sq Ft
1970 Built

Last Sold March 30, 2021

Last sale price $850,000 $214 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating Available
  • Cooling Available

About This Home

As of March 2021

Synergy Realty Advisors presents a fully remodeled and fully rented fourplex in Hialeah. All units remodeled($100k+) in the last three years with new kitchens with stainless steel appliances, newer bathrooms. Washer/ dryer in each unit. Minimal landlord responsibility as tenants pay water, electric and trash. Units are rented for $1,200 a month each and rents are under market. Cap Rate is 5% at asking price. Each tenant has their own parking spot plus guest parking. 3,977 sf building on a 6,750 lot. All units are 2BR/1BR units. Year built is 1970 but the property has been remodeled in the last 2 years including a new roof with 7 years left on the warranty. New asphalt, new A/C's, new appliances. Property may qualify for FHA financing.

Last Agent to Sell the Property

Andros Sarduy

Synergy Realty Advisors License #3225429 Listed on: 02/24/2021

Co-Listed By

Giovanni Vasquez

Synergy Realty Advisors License #3333058

Last Buyer's Agent

Yurima Chiong

EXP Realty LLC License #3390589

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,884

Year Built

  • Built in 1970

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,977 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $57,600
  • Rent includes electricity, sewer, water
  • Assessor Parcel Number 04-31-18-011-0221

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Hialeah 5Th Addn Rev Pl Condos
  • Hialeah 5Th Addn Rev Pl Subdivision

Building Details

  • Operating Expense $14,990
  • Net Operating Income $42,610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,884

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Co List Office Mls Id: SGRA01
  • Co List Office Phone: 786-536-7287
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HIALEAH 5TH ADDN REV PL
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Tile
  • Living Area: 3977
  • Possible Use: Investment
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Park Building Name: HIALEAH 5TH ADDN REV PL
  • Total Parking Spaces: 4

Utilities

  • Sewer: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-31-18-011-0221
  • Zoning: 4600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Sewer, Water

Multi Family

  • Net Operating Income: 42610
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 14990
  • Total Actual Rent: 57600

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7884

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $850,000 0.0% $214 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $850,000 -- $214 / 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 $12,886 $729,814 -- --
2024 $11,906 $663,468 -- --
2023 $11,906 $603,153 $0 $0
2022 $10,286 $548,321 $270,000 $278,321
2021 $9,000 $448,762 $0 $0
2020 $7,884 $407,966 $189,000 $218,966
2019 $7,325 $378,104 $168,750 $209,354
2018 $6,961 $376,965 $121,500 $255,465
2017 $6,519 $329,606 $0 $0
2016 $6,180 $299,642 $0 $0
2015 $5,645 $272,402 $0 $0
2014 $5,324 $247,639 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andros Sarduy

    Seller's Agent in 2021

    Andros Sarduy

    Synergy Realty Advisors

    (305) 297-3557

    1 in this area

    39 Total Sales

    Andros Sarduy
    Section Image
  • Giovanni Vasquez

    Seller Co-Listing Agent in 2021

    Giovanni Vasquez

    Synergy Realty Advisors

    (786) 202-3303

    1 in this area

    27 Total Sales

    Giovanni Vasquez
    Section Image
  • Yurima Chiong

    Buyer's Agent in 2021

    Yurima Chiong

    EXP Realty LLC

    (786) 378-3057

    1 in this area

    57 Total Sales

    Yurima Chiong
    Section Image
  • Edel Valdes

    Buyer Co-Listing Agent in 2021

    Edel Valdes

    Trexy International Realty, Inc

    (305) 744-1692

    1 in this area

    78 Total Sales

    Edel Valdes
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11003710

MIAMI REALTORS® MLS
Florida Miami/Dade County Hialeah 33010 Hialeah Acres

355 W 10th St, Hialeah, FL

Not Listed for Sale

MultiFamily

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