NOT LISTED FOR SALE

3631 SW 5th Terrace Miami, FL 33135

West Flagler Neighborhood

Estimated Value: $792,652 - $988,000

5 Beds
3 Baths
2,200 Sq Ft
$413/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $450,000 $205 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $5,968/month

5 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Terrazzo Flooring
  • Ceiling Fan

About This Home

As of October 2018

Great income property in the heart of Miami with long term tenants in place. Front unit is a 2 bedroom, 1 bath and the rear unit is a 3 bedroom, 2 bath. Each has their own utility room with washer and dryer, separate parking and patio area. Don't miss this opportunity to own this gem situated near Coral Gables, SW 8th Street, Shopping and Restaurants. Please contact Listing Agent for Appointments.

Last Agent to Sell the Property

Maria Penalver

United Real Estate Miami License #3296173 Listed on: 09/25/2018

United Real Estate Miami

Last Buyer's Agent

Isaac Acevedo

BrokerNation Real Estate License #3142664

BrokerNation Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,739

Year Built

  • Built in 1972

Lot Details

  • 6,882

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Terrazzo Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Minerva Place Condos
  • Minerva Place Subdivision

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 01-41-04-031-0051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,739

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: GPS, WAZE, GOOGLE MAPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: MINERVA PLACE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 2200
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: MINERVA PLACE
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), 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: 01-41-04-031-0051
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5739

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Saad Gabriel Abu Samra
Bought by
Saad Gabriel Abu Samra and Acevedo Isaias
Current Estimated Value
$907,913

Purchase Details

Listed on
Sep 25, 2018
Closed on
Oct 26, 2018
Sold by
Mouro Francisco
Bought by
Samra Saad Gabriel Abu
Seller's Agent
Maria Penalver
United Real Estate Miami
Buyer's Agent
Isaac Acevedo
BrokerNation Real Estate
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$426,332
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 25, 2018
Closed on
Sep 21, 2018
Sold by
Mouro Francisco
Bought by
Mouro Francisco and Mouro Alejandro
Seller's Agent
Maria Penalver
United Real Estate Miami
Buyer's Agent
Isaac Acevedo
BrokerNation Real Estate
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,332
Interest Rate
4.87%
Mortgage Type
FHA
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
Saad Gabriel Abu Samra -- Attorney
Samra Saad Gabriel Abu $450,000 Nations Trust Title Inc
Mouro Francisco -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saad Gabriel Abu Samra $419,167
Closed Samra Saad Gabriel Abu $426,332
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $450,000 -10.0% $205 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $499,900 -- $227 / 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 $12,713 $589,222 $379,500 $209,722
2024 $11,544 $576,105 -- --
2023 $11,544 $523,732 $0 $0
2022 $10,575 $476,120 $248,278 $227,842
2021 $8,688 $373,127 $199,859 $173,268
2020 $8,170 $347,927 $173,354 $174,573
2019 $8,023 $340,226 $173,354 $166,872
2018 $6,435 $312,298 $173,354 $138,944
2017 $5,739 $228,487 $0 $0
2016 $5,519 $207,716 $0 $0
2015 $5,096 $188,833 $0 $0
2014 $4,656 $171,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maria Penalver

    Seller's Agent in 2018

    Maria Penalver

    United Real Estate Miami

    (305) 457-4947

    20 Total Sales

    Maria Penalver
    Section Image

  • I

    Buyer's Agent in 2018

    Isaac Acevedo

    BrokerNation Real Estate

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10543106

MIAMI REALTORS® MLS

APN: 01-4104-031-0051

Florida Miami/Dade County Miami 33135 West Flagler

3631 SW 5th Terrace, Miami, FL

This home is located at 3631 SW 5th Terrace, Miami, FL 33135 since 25 September 2018 and is currently estimated at $907,913, approximately $412 per square foot. This property was built in 1972. 3631 SW 5th Terrace is a home located in Miami-Dade County with nearby schools including Auburndale Elementary School, Kinloch Park Middle School, and Miami 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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