NOT LISTED FOR SALE
-- Bed
-- Bath
3,977 Sq Ft
1970 Built

Sale Details

Date 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

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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 $12,886 $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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11003710

MIAMI REALTORS® MLS
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