NOT LISTED FOR SALE

40 NW 34th Terrace Miami, FL 33127

Wynwood Neighborhood

Estimated Value: $1,140,000 - $1,398,105

4 Beds
2 Baths
1,454 Sq Ft
$908/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $795,000 $547 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,285/month

253 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 3-minute walk to Roberto Clemente Park
  • Central Heating and Cooling System

About This Home

As of October 2021

CASH COW DUPLEX CONVENIENTLY LOCATED, STEPS FROM WYNWOOD, MIDTOWN SHOPS AND DESIGN DISTRICT. CLOSE TO RESTAURANTS AND STORES. MAKE YOUR MONEY WORK FOR YOU WITH THIS DUPLEX IN A UNIQUE LOCATION. WYNWOOD NORTE ZONING T4L TO HIGH-DENSITY MULTIFAMILY 65-150 UNITS PER ACRE.

Last Agent to Sell the Property

Maite Anel

Miami New Realty License #3309763 Listed on: 01/21/2021

Miami New Realty

Last Buyer's Agent

Maite Anel

Miami New Realty License #3309763 Listed on: 01/21/2021

Miami New Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,756

Year Built

  • Built in 1928

Lot Details

  • 5,314

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,454 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Wyndwood Park Condos
  • Wyndwood Park Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-31-25-019-1320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,756

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1928
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: SEE MAP QUEST.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Wyndwood Park
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1454
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Wyndwood Park

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-25-019-1320
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3756

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Oct 15, 2021
Sold by
Alba Myrna Velez and Velez Margarita
Bought by
Bjsj Llc
Seller's Agent
Maite Anel
Miami New Realty
Buyer's Agent
Maite Anel
Miami New Realty
List Price
$599,000
Sold Price
$795,000
Premium/Discount to List
$196,000
32.72%
Current Estimated Value
$1,319,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,526
Avg. Annual Appreciation
13.09%

Purchase Details

Listed on
Jan 21, 2021
Closed on
Sep 30, 2021
Sold by
Castellanos Ramon Ricardo
Bought by
Bjsj Llc
Seller's Agent
Maite Anel
Miami New Realty
Buyer's Agent
Maite Anel
Miami New Realty
List Price
$599,000
Sold Price
$795,000
Premium/Discount to List
$196,000
32.72%

Purchase Details

Closed on
Aug 28, 2018
Sold by
Castellanos Ramon
Bought by
Castellanos Ramon Ricardo

Purchase Details

Closed on
Nov 16, 2016
Sold by
Castellanos Ramon R
Bought by
Castellanos Ramon R

Purchase Details

Closed on
Aug 11, 2016
Sold by
Bemol Investments Inc
Bought by
Castellanos Ramon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2004
Sold by
Silva Fernandez Yoseline E and Fernandez Orlando
Bought by
Bemol Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 21, 2000
Sold by
Garay Jose
Bought by
Silva Jorge L and Silva Yoselin
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
Bjsj Llc $515,000 Attorney
Bjsj Llc $795,000 Attorney
Castellanos Ramon Ricardo -- None Available
Castellanos Ramon R -- None Available
Castellanos Ramon R $363,750 Attorney
Bemol Investments Inc $150,000 --
Silva Jorge L $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castellanos Ramon R $363,750
Previous Owner Bemol Investments Inc $112,500
Previous Owner Silva Jorge L $76,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $795,000 -8.5% $547 / Sq Ft
08/12/2021 08/12/21 Price Changed $869,000 -27.6% $598 / Sq Ft
08/04/2021 08/04/21 Price Changed $1,200,000 +33.5% $825 / Sq Ft
04/06/2021 04/06/21 Price Changed $899,000 +28.6% $618 / Sq Ft
03/22/2021 03/22/21 Price Changed $699,000 +16.7% $481 / Sq Ft
01/21/2021 01/21/21 For Sale $599,000 -- $412 / 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 $15,962 $692,591 -- --
2024 $14,665 $629,629 -- --
2023 $14,665 $572,390 $0 $0
2022 $11,456 $518,825 $292,481 $226,344
2021 $6,337 $285,494 $0 $0
2020 $7,036 $309,540 $229,362 $80,178
2019 $6,352 $263,756 $183,578 $80,178
2018 $6,283 $319,319 $239,141 $80,178
2017 $5,330 $215,750 $0 $0
2016 $3,328 $96,683 $0 $0
2015 $3,756 $107,426 $0 $0
2014 $2,998 $97,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maite Anel

    Seller's Agent in 2021

    Maite Anel

    Miami New Realty

    (305) 485-3100

    4 in this area

    20 Total Sales

    Maite Anel
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10987198

MIAMI REALTORS® MLS

APN: 01-3125-019-1320

Florida Miami/Dade County Miami 33127 Wynwood

40 NW 34th Terrace, Miami, FL

Not Listed for Sale

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