NOT LISTED FOR SALE

408 NE 18th Ave Homestead, FL 33033

East Homestead Neighborhood

Estimated Value: $165,000 - $182,000

2 Beds
1 Bath
806 Sq Ft
$211/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $890,000 $1,104 Per Sq Ft

Current estimated payment $1,150/month

6 Days on Market

Highlights

  • Cooling Available
  • Central Heating
  • Ceiling Fan
  • Tile Flooring

About This Home

As of January 2022

Investor Alert! 7 Contiguous Condos being sold together in a package deal for $999,950 that is $142,850 per door. This property is a cash cow with an association fee of $25 per unit & there is lots of upside on the rents. Zillow conservatively estimates the rents should be at $1399/month. The building has a Brand-New Roof with Architectural Shingles, Final Permit Date 5/19/21. Each Condo has Separate Electric & Water Meters. Tenants get bill from City of Homestead for Electric, Water, Sewer & Garbage. Lawn & Common areas maintained by the association. Central A/C in all 7 units. Each unit has 2 Bed 1 Bath upstairs & 1/2 Bath downstairs. Community has Pool & Tennis Court. Units 3, 5 & 7 are vacant on Supra so go and show. Call the Listing Agent for more details about this Income Property...

Last Agent to Sell the Property

Gregory Collins

The Keyes Company License #3241076 Listed on: 12/07/2021

The Keyes Company

Last Buyer's Agent

Gregory Collins

The Keyes Company License #3241076 Listed on: 12/07/2021

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,128

Year Built

  • Built in 1977

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 14 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 806 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Tile

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Townhouses At Sunrise A C Condos
  • Townhouses At Sunrise A C Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 10-79-17-008-0030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,128

Year Built

Built in 1977

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential Income
  • Year Built: 1977
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: TOWNHOUSES AT SUNRISE A C
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Other, Tile
  • Living Area: 806
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Park Building Name: TOWNHOUSES AT SUNRISE A C
  • Total Parking Spaces: 14

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 25
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 10-79-17-008-0030
  • Zoning: 3000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Jan 19, 2022
Sold by
R White Homes Inc
Bought by
Perez Ayala Inc
Seller's Agent
Gregory Collins
The Keyes Company
Buyer's Agent
Gregory Collins
The Keyes Company
List Price
$999,950
Sold Price
$890,000
Premium/Discount to List
-$109,950
-11%
Current Estimated Value
$170,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$719,993
Avg. Annual Appreciation
-36.87%

Purchase Details

Closed on
Nov 12, 1998
Sold by
Homesafe Mortgage Co
Bought by
R White Homes Inc

Purchase Details

Closed on
Nov 28, 1995
Sold by
Casa De Chaos Inc
Bought by
Bill Royal Construction Inc

Purchase Details

Closed on
Nov 9, 1994
Sold by
Bill Royal Const Inc
Bought by
Casa Dechaos Inc

Purchase Details

Closed on
Mar 8, 1993
Sold by
Weber Erich and Weber Ingrid
Bought by
Bill Royal Const Inc
Source: Public Records

Range of Values:

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Average Value
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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
Perez Ayala Inc $890,000 None Listed On Document
R White Homes Inc $25,000 --
Bill Royal Construction Inc $100 --
Casa Dechaos Inc -- --
Bill Royal Const Inc $7,600 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $890,000 -11.0% $1,104 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $999,950 -- $1,241 / 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 $2,378 $122,315 -- --
2024 $2,330 $113,255 -- --
2023 $2,330 $109,956 $0 $0
2022 $1,329 $48,808 $0 $0
2021 $1,128 $44,371 $0 $0
2020 $1,074 $66,000 $0 $0
2019 $980 $60,000 $0 $0
2018 $906 $60,000 $0 $0
2017 $790 $30,308 $0 $0
2016 $711 $27,553 $0 $0
2015 $633 $25,049 $0 $0
2014 $621 $22,772 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gregory Collins

    Seller's Agent in 2022

    Gregory Collins

    The Keyes Company

    (786) 208-9901

    21 in this area

    67 Total Sales

    Gregory Collins
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11132941

MIAMI REALTORS® MLS

APN: 10-7917-008-0030

Florida Miami/Dade County Homestead 33033 East Homestead

408 NE 18th Ave, Homestead, FL

This home is located at 408 NE 18th Ave, Homestead, FL 33033 since 07 December 2021 and is currently estimated at $170,007, approximately $210 per square foot. This property was built in 1977. 408 NE 18th Ave is a home located in Miami-Dade County with nearby schools including Laura C. Saunders Elementary School, Homestead Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

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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