$3,200,000

Estimated payment $19,748/month

Total Views 19,747
-- Bed
-- Bath
2,312 Sq Ft
$1,384 Price per Sq Ft

About This Home

This property is designated as the future site of a 21-unit, 8-story short-term rental building. Strategically located in one of Miami's most sought-after areas. Designed specifically for high-demand short-term stays, this project promises exceptional ROI potential.
Plans are currently pending approval, offering investors the chance to step into a pre-approved vision that maximizes both location and market trends.
Don't miss the opportunity to be part of Miami's next prime short-term rental development. Reach out today for more details

Listing Agent

Carlos Visbal

First Way Realty Services Inc License #3292495 Listed on: 04/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,366

Year Built

  • Built in 1937

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,312 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Banyan Place Amd & Extens Condos
  • Banyan Place Amd & Extens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-021-0160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,366

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1937
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: BANYAN PLACE AMD & EXTENS
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 2312
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Park Building Name: BANYAN PLACE AMD & EXTENS
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 01-32-30-021-0160
  • Zoning: 4604

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 29366

Multi Family

  • Number Of Units In Community: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $41,273 $2,121,204 $1,980,000 $141,204
2024 $29,366 $2,022,308 $1,881,000 $141,308
2023 $29,366 $1,098,578 $0 $0
2022 $25,466 $998,708 $0 $0
2021 $20,050 $1,145,517 $1,113,750 $31,767
2020 $26,431 $1,269,353 $1,237,500 $31,853
2019 $25,515 $1,344,886 $1,237,500 $107,386
2018 $22,987 $1,097,472 $990,000 $107,472
2017 $20,865 $949,058 $0 $0
2016 $10,195 $246,334 $0 $0
2015 $9,361 $223,940 $0 $0
2014 $7,735 $203,582 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $3,200,000 -- $1,384 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,280,000 Franklin Title Group
Warranty Deed $1,200,000 Attorney
Warranty Deed $245,000 Attorney
Warranty Deed $370,000 --
Warranty Deed $252,500 --
Quit Claim Deed $100 --
Warranty Deed $74,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,260,000 New Conventional
Previous Owner $500,000 Unknown
Previous Owner $333,000 Unknown
Previous Owner $150,000 New Conventional
Previous Owner $66,600 No Value Available
Source: Public Records

About the Listing Agent

Carlos Visbal

First Way Realty Services Inc

(888) 611-4637

Section Image

Carlos Visbal is cofounder of Hospitality Kings, a company dedicated to acquire, remodel, manage inventory in the South Florida Real Estate, we provide the most intelligent tools to expose globally the rental market to possible visitors or tenants, currently operating proven solutions to the Short Term Rental business, we have our own software management for the properties in our portfolio.
A successful entrepreneur and top producer in real estate with over $150 million in gross sales

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  • 7101 NE 4th Ct, Miami, FL 33138

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  • 1955 SW 5th Ave Unit 1, Miami, FL 33129

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Source: MIAMI REALTORS® MLS

MLS Number: A11786718

MIAMI REALTORS® MLS

APN: 01-3230-021-0160