$950,000
SOLD MAY 6, 2022 RENTED SEP 15, 2024
-- Bed
-- Bath
2,692 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$353 Per Sq Ft

5% Below List Price

27 Days on Market

Highlights

  • New Construction
  • Thermal Windows
  • Patio
  • No HOA
  • High Impact Windows
  • Ceramic Tile Flooring

About This Home

As of May 2022

Newly constructed, high rental income duplex in the heart of Hialeah. This stunning duplex has ultra-high-end finishes. There is NOTHING like this on the market. 2x 3/2 units with parking and a patio/yard. Separate meters and low expenses. Fully leased with great renters.

Last Agent to Sell the Property

Angel Fuentes

Pellego, LLC License #3329846 Listed on: 03/10/2022

Pellego, LLC

Last Buyer's Agent

Mercedes Navarro

One Stop Realty License #0651492

One Stop Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,038

Year Built

  • Built in 2020 | New Construction

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,692 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Ceramic Tile Flooring

Home Security

  • High Impact Windows
  • High Impact Door

Additional Features

  • Energy-Efficient Lighting
  • Patio
  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $54,000
  • Assessor Parcel Number 04-31-18-003-5510

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Town Of Hia 1St Addn Amd Condos
  • Town Of Hia 1St Addn Amd Subdivision

Building Details

  • Operating Expense $10,100
  • Net Operating Income $43,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,038

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2020
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: TOWN OF HIA 1ST ADDN AMD
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2692
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Complete Impact Glass, High Impact Windows, Thermal Windows

Exterior Features

  • Roof: Concrete
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TOWN OF HIA 1ST ADDN AMD
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-31-18-003-5510
  • Zoning: 5400
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Lighting

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 43900
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 10100
  • Total Actual Rent: 54000

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
May 5, 2022
Sold by
J Shalom Llc
Bought by
Bemj Inc
Seller's Agent
Angel Fuentes
Pellego, LLC
Buyer's Agent
Mercedes Navarro
One Stop Realty
List Price
$1,000,000
Sold Price
$950,000
Premium/Discount to List
-$50,000
-5%
Current Estimated Value
$925,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,322
Avg. Annual Appreciation
-0.77%

Purchase Details

Listed on
Jul 29, 2020
Closed on
Oct 20, 2020
Sold by
Crespo Janet
Bought by
J Shalom Llc
Seller's Agent
Peggi Gonzalez
Biscayne Capital Real Estate
Buyer's Agent
Angel Fuentes
Pellego, LLC
List Price
$630,000
Sold Price
$565,000
Premium/Discount to List
-$65,000
-10.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.13%

Purchase Details

Listed on
Mar 11, 2015
Closed on
May 20, 2015
Sold by
Bellita Land Holding Llc
Bought by
Crespo Janet
Seller's Agent
David Vina
RE/MAX - City Centre Realty
Buyer's Agent
Hector J Sosa
Onyx Realty
List Price
$139,900
Sold Price
$110,000
Premium/Discount to List
-$29,900
-21.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.17%

Purchase Details

Closed on
Jun 29, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Bellita Land Holding Llc

Purchase Details

Closed on
Feb 4, 2010
Sold by
Marin Reyna
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 29, 2006
Sold by
Rosales Sandra
Bought by
Marin Reyna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.07%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 3, 2005
Sold by
Filion Vinicio R
Bought by
Rosales Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
8.45%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 19, 2004
Sold by
Mani Laura
Bought by
Filion Vinicio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2001
Sold by
Sonia Sanchez I
Bought by
Font Manuel and Sanchez Rina

Purchase Details

Closed on
Oct 17, 2000
Sold by
Rapalo Miriam and Rapalo Nelson
Bought by
Sanchez Sonia

Purchase Details

Closed on
Apr 4, 2000
Sold by
Ceballos Moises
Bought by
Rapalo Miriam and Rapalo Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,400
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2000
Sold by
Herrera Armando and Herrera Consuelo
Bought by
Ceballos Moises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,400
Interest Rate
8.11%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $950,000 Bg Law Pa
Warranty Deed $565,000 Attorney
Warranty Deed $110,000 Unlimited Title Group
Corporate Deed $80,000 Pcs Title
Trustee Deed $25,100 None Available
Warranty Deed $370,000 Title Agents Of South Fl Inc
Warranty Deed $290,000 Ambassador Title Svcs Inc
Warranty Deed $210,000 Ambassador Title Svcs Inc
Quit Claim Deed $137,000 --
Warranty Deed $145,000 --
Warranty Deed $138,000 --
Warranty Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $296,000 Balloon
Previous Owner $261,000 Fannie Mae Freddie Mac
Previous Owner $168,000 Purchase Money Mortgage
Previous Owner $72,400 New Conventional
Closed $14,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2024 09/15/24 Rented $3,200 +1.6% --
08/28/2024 08/28/24 Under Contract -- -- --
08/21/2024 08/21/24 For Rent $3,150 0.0% --
05/06/2022 05/06/22 Sold $950,000 -5.0% $353 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $1,000,000 +77.0% $371 / Sq Ft
10/21/2020 10/21/20 Sold $565,000 -10.3% $341 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $630,000 +472.7% $381 / Sq Ft
05/20/2015 05/20/15 Sold $110,000 -21.4% $54 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $139,900 -- $69 / 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 $14,794 $704,953 $351,000 $353,953
2024 $13,251 $776,611 -- --
2023 $13,251 $706,010 $252,425 $453,585
2022 $10,666 $537,312 $0 $0
2021 $9,415 $488,466 $137,594 $350,872
2020 $1,705 $88,234 $88,234 $0
2019 $2,120 $114,576 $114,576 $0
2018 $1,952 $114,576 $114,576 $0
2017 $1,687 $87,978 $0 $0
2016 $1,565 $80,050 $0 $0
2015 $3,394 $166,271 $0 $0
2014 -- $151,156 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11171992

MIAMI REALTORS® MLS

APN: 04-3118-003-5510