$550,000
SOLD DEC 9, 2024
-- Bed
-- Bath
4,383 Sq Ft
0.53 Acres

Recently Sold

$125 Per Sq Ft

15% Below List Price

123 Days on Market

Highlights

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

About This Home

As of December 2024

Attention investors and/or owner occupants. This excellent investment opportunity awaits you in the
heart of Historic St. Andrews. Just two blocks from the Bay on a corner lot this property is zoned
multifamily consisting of two structures; a single family home of 3,400 sqft with 4 bedrooms and 3.5
bathrooms, and a triplex with 3 one bedroom one bath apartments.
Zoning and lot size allow for building additional units.
Separate water and electric meters for both structures. The main home has a mother-in-law quarters that
can also be separated to give a total of 5 rentals.
Fiberglass pool with saltwater system
Large lot with room for your ATV, boat or jet skis
2 car garage
Rental income of $5500-$6500/month, excellent Cap rate of at least 8%

Last Agent to Sell the Property

Miranda Squitieri

Rev Realty Group, LLC. License #3271844 Listed on: 08/08/2024

Last Buyer's Agent

Catalina Kramer

Pro Agents Realty Inc. License #3405424

Pro Agents Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,242

Year Built

  • Built in 1950

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Vinyl

Additional Features

  • 1-Story Property
  • Fiberglass Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Bayview Add Condos
  • Bayview Add Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 28385-000-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,242

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Directions: use gps
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: bayview add
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame, Other
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Features: Automatic Chlorination, Fiberglass
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: bayview add
  • Total Parking Spaces: 8

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: 28385-000-000
  • Zoning: multifamily
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5242

Multi Family

  • Number Of Units In Community: 4

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold $550,000 -10.6% $125 / Sq Ft
11/24/2024 11/24/24 Price Changed $615,000 -3.1% $140 / Sq Ft
09/20/2024 09/20/24 Price Changed $635,000 -2.3% $145 / Sq Ft
08/08/2024 08/08/24 For Sale $650,000 -- $148 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11644090

MIAMI REALTORS® MLS