NOT LISTED FOR SALE

3861 SW 29th St Miami, FL 33134

Southeast Gables Neighborhood

Estimated Value: $1,189,952 - $1,276,000

4 Beds
2 Baths
2,274 Sq Ft
$536/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $1,123,600 $494 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,560/month

204 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Coral Gables Senior High School Rated A-
  • Thermal Windows
  • High Impact Windows

About This Home

As of September 2024

Discover an enhanced quality of life in this emerging area of 'Downtown Douglas' adjacent to Coral Gables! This fully renovated duplex sits on an expansive 8,175 square foot lot, boasting a prime location just half a mile from the Metrorail Station & Merrick Village. With upgrades like a metal roof, impact glass windows, and new 3/4" oak wood floors, it exudes quality. Custom cabinetry and abundant closet space enhance functionality. Enjoy the convenience of on-site parking for 4 cars and a professionally landscaped yard with an irrigation system. Separate electric & water meters offer added ease of management. Generating $75,600 in gross income, it promises a lucrative investment opportunity. Coral Gables Trolley one block away on Pounce de Leon! PLEASE SEE ATTACHMENTS.

Last Agent to Sell the Property

Eric Yerina

Simpson Associates of Florida License #3222397 Listed on: 03/06/2024

Last Buyer's Agent

Brigitte Nachtigall

One Sotheby's International Realty License #0542022

One Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,729

Year Built

  • Built in 1959

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Metal Roof

Interior Spaces

  • 2,274 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Blinds

Flooring

  • Wood
  • Tile

Home Security

  • High Impact Windows
  • High Impact Door

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Realty Securities Corppb Condos
  • Realty Securities Corppb Subdivision

Listing and Financial Details

  • Total Actual Rent $75,600
  • Rent includes gardener
  • Assessor Parcel Number 01-41-17-003-0880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,729

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Property Sub Type: Duplex
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: REALTY SECURITIES CORPPB
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Door Features: High Impact Doors
  • Flooring: Tile, Wood
  • Living Area: 2274
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass, Thermal Windows

Exterior Features

  • Roof: Metal Roof
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • Property Condition: Completely Renovated, Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: REALTY SECURITIES CORPPB
  • 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: 01-41-17-003-0880
  • Zoning: 5700

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12729

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 75600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Sep 25, 2024
Sold by
Vides Edwin Saul and Ketelhohn Georg Hans
Bought by
Alenik3861 Llc
Seller's Agent
Eric Yerina
Simpson Associates of Florida
Buyer's Agent
Brigitte Nachtigall
One Sotheby's International Realty
List Price
$1,400,000
Sold Price
$1,123,600
Premium/Discount to List
-$276,400
-19.74%
Views
68
Current Estimated Value
$1,219,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,888
Avg. Annual Appreciation
7.12%

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jun 20, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vides Edwin Saul and Ketelhohn Georg Hans
Seller's Agent
Jose Fente
Tropical Realty, Inc.
Buyer's Agent
Eric Yerina
Simpson Associates of Florida
List Price
$464,900
Sold Price
$450,000
Premium/Discount to List
-$14,900
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%
Original Mortgage
$337,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 5, 2014
Sold by
Perez Orlando
Bought by
Jpmorgan Chase Bank National Associatin

Purchase Details

Closed on
Jul 26, 2005
Sold by
Perez Orlando and Perez Raquel Bordon
Bought by
Perez Orlando and Perez Raquel Bordon

Purchase Details

Closed on
Jun 21, 1996
Sold by
Orlando and Perez Raquel B
Bought by
Perez Orlando and Perez Raquel B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alenik3861 Llc $1,123,600 None Listed On Document
Vides Edwin Saul $450,000 Pursuant To The Issuance Of
Federal Home Loan Mortgage Corporation -- New House Title Llc
Jpmorgan Chase Bank National Associatin $240,200 None Available
Perez Orlando -- --
Perez Orlando $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vides Edwin Saul $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $1,123,600 -6.3% $494 / Sq Ft
07/22/2024 07/22/24 Price Changed $1,199,000 -7.4% $527 / Sq Ft
05/31/2024 05/31/24 Price Changed $1,295,000 -2.3% $569 / Sq Ft
05/08/2024 05/08/24 Price Changed $1,325,000 -4.7% $583 / Sq Ft
04/23/2024 04/23/24 Price Changed $1,389,999 -0.7% $611 / Sq Ft
03/06/2024 03/06/24 For Sale $1,400,000 +211.1% $616 / Sq Ft
06/20/2017 06/20/17 Sold $450,000 -3.2% $226 / Sq Ft View Prior Sale
05/10/2017 05/10/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $464,900 -- $234 / 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 $14,270 $825,759 $654,000 $171,759
2024 $12,729 $583,044 -- --
2023 $12,729 $530,040 $0 $0
2022 $11,508 $481,855 $0 $0
2021 $10,067 $438,050 $269,775 $168,275
2020 $9,849 $426,769 $269,775 $156,994
2019 $9,873 $426,892 $269,775 $157,117
2018 $9,704 $427,015 $269,775 $157,240
2017 $7,557 $320,863 $0 $0
2016 $7,766 $320,985 $0 $0
2015 $7,533 $304,614 $0 $0
2014 $4,724 $215,993 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Yerina

    Seller's Agent in 2024

    Eric Yerina

    Simpson Associates of Florida

    (305) 205-8210

    1 in this area

    17 Total Sales

    Eric Yerina
    Section Image
  • Brigitte Nachtigall

    Buyer's Agent in 2024

    Brigitte Nachtigall

    One Sotheby's International Realty

    (305) 710-9664

    1 in this area

    79 Total Sales

    Brigitte Nachtigall
    Section Image

  • J

    Seller's Agent in 2017

    Jose Fente

    Tropical Realty, Inc.

    (305) 827-2212

    14 Total Sales

    Jose Fente
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11540282

MIAMI REALTORS® MLS

APN: 01-4117-003-0880

Florida Miami/Dade County Miami 33134 Southeast Gables

3861 SW 29th St, Miami, FL

Not Listed for Sale

MultiFamily

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