NOT LISTED FOR SALE

3609 Palm Ave Hialeah, FL 33012

Hialeah Neighborhood

Estimated Value: $823,515

5 Beds
4 Baths
1,626 Sq Ft
$506/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $765,000 $470 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,121/month

111 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of April 2024

Amazing Investment Opportunity in great location! This gem will ensure a steady rental income. This meticulously kept and updated property features all units with tile throughout, updated kitchens and baths, updated electrical panels, water heater and a/c. Leak-free roof, most windows have been replaced to impact and plenty of parking for your tenants. Current monthly income is a total of $6,000. 2/1 is currently leased through next year; remaining tenants are month to month with room for growth.

Last Agent to Sell the Property

Yarelis Gutierrez

APA Investment Group, Inc. License #3180513 Listed on: 11/16/2023

Co-Listed By

Cynthia Corrales

APA Investment Group, Inc. License #3075451

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,795

Year Built

  • Built in 1976

Lot Details

  • 4,966

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,626 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Deal Manor Condos
  • Deal Manor Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 04-31-06-001-0011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,795

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1976
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Co List Office Mls Id: APAV01
  • Co List Office Phone: 561-801-9051
  • Directions: Palmetto
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Deal Manor
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Tile
  • Living Area: 1626
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Deal Manor
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • 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: 04-31-06-001-0011
  • Zoning: 5400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4795

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Garcia Gerardo and Garcia Katileidis
Bought by
Garcia Gerardo and Garcia Katileidis
Total Days on Market
111
Current Estimated Value
$823,515

Purchase Details

Listed on
Nov 16, 2023
Closed on
Apr 2, 2024
Sold by
Garcia Gerardo and Garcia Katileidis
Bought by
Ordoyo Rommel and Gil Jose Rafael
Seller's Agent
Yarelis Gutierrez
APA Investment Group, Inc.
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$765,000
Sold Price
$765,000
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$726,750
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2022
Sold by
Garcia and Katileidis
Bought by
Garcia Katileidis and Garcia Del Rosario

Purchase Details

Closed on
Oct 5, 2012
Sold by
Siverio Gustavo and Martinez Mayra
Bought by
Garcia Gerardo and Alvarez Katileidis

Purchase Details

Closed on
Jun 15, 2006
Sold by
Siverio Mayra and Siverio Gustavo
Bought by
Siverio Gustavo

Purchase Details

Closed on
Mar 23, 2001
Sold by
Luis C Fung M and Luis Chang L
Bought by
Siverio Gustavo and Siverio Mayra
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
Garcia Gerardo -- None Listed On Document
Ordoyo Rommel $765,000 Closing Team
Garcia Katileidis -- Miami Law Group
Garcia Gerardo $30,000 Attorney
Siverio Gustavo -- Attorney
Siverio Gustavo $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ordoyo Rommel $726,750
Previous Owner Garcia Gerardo $250,000
Previous Owner Garcia Gerardo $25,000
Previous Owner Garcia Gerardo $37,500
Previous Owner Garcia Gerardo $40,000
Previous Owner Siverio Gustavo $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $765,000 0.0% $470 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
11/16/2023 11/16/23 For Sale $765,000 -- $470 / 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
2024 $6,148 $336,733 -- --
2023 $6,148 $301,026 $0 $0
2022 $5,301 $273,660 $0 $0
2021 $4,795 $248,782 $125,730 $123,052
2020 $4,735 $257,269 $146,025 $111,244
2019 $4,189 $216,230 $122,364 $93,866
2018 $3,927 $211,151 $116,550 $94,601
2017 $3,592 $186,667 $0 $0
2016 $3,348 $169,698 $0 $0
2015 $3,073 $154,271 $0 $0
2014 $3,080 $151,658 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2024

    Yarelis Gutierrez

    APA Investment Group, Inc.

    (305) 319-0896

    1 in this area

    15 Total Sales

    Yarelis Gutierrez
    Section Image
  • Cynthia Corrales

    Seller Co-Listing Agent in 2024

    Cynthia Corrales

    APA Investment Group, Inc.

    (561) 801-9051

    2 in this area

    30 Total Sales

    Cynthia Corrales
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MLS MEMBER

    MAR NON MLS MEMBER

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11486889

MIAMI REALTORS® MLS

APN: 04-3106-001-0011

Florida Miami/Dade County Hialeah 33012 Hialeah

3609 Palm Ave, Hialeah, FL

This home is located at 3609 Palm Ave, Hialeah, FL 33012 since 16 November 2023 and is currently priced at $823,515, approximately $506 per square foot. This property was built in 1976. 3609 Palm Ave is a home located in Miami-Dade County with nearby schools including Flamingo Elementary School, Henry H. Filer Middle School, and Hialeah 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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