NOT LISTED FOR SALE

431 NE 64th St Miami, FL 33138

Upper East Side North Neighborhood
-- Bed
-- Bath
2,643 Sq Ft
1950 Built

Last Sold July 28, 2023

Last sale price $1,220,000 $462 Per Sq Ft

186 Days on Market

Highlights

  • In Ground Pool
  • Corner Lot
  • Porch
  • Morningside K-8 Academy Rated 9+
  • No HOA
  • Shed

About This Home

As of July 2023

Location, Location, Location! Rare Mimo/Art Deco style 4 Plex w/ pool on a double lot zoned T4-R (Multifamily 2-9 Units) located between the long awaited Magic City Innovation District and Biscayne Blvd. Keep existing 4 Plex, create Bed and Breakfast or REDEVELOP up to 3 stories and 9 units. The current NOI is substantially under market. An adjusted NOI will bring roughly $76k+ yr. 2 short blocks to Starbucks, Panther Coffee, Europa Cafe, good restaurants and 3 short blocks to legion park where they have the farmers market every Saturday. Call with any questions.

Last Agent to Sell the Property

Carl Crawford

Crawford & Co R.E. Svs's LLC License #3050473 Listed on: 01/05/2023

Last Buyer's Agent

Kevin Insua

Atlas Investment R.E., Inc. License #3279757

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,443

Year Built

  • Built in 1950

Lot Details

  • Fenced
  • Corner Lot
  • Oversized Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,643 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds

Flooring

  • Carpet
  • Tile

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $54,600
  • Rent includes gardener, pool maintenance, sewer, trash collection, water
  • Assessor Parcel Number 01-32-18-024-0640

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • North Gate Condos
  • North Gate Subdivision

Building Details

  • Operating Expense $19,500
  • Net Operating Income $35,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,443

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached, Ranch
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: NORTH GATE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Carpet, Tile
  • Living Area: 2643
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Cat Walk, Exterior Lights
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot, Oversized Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground, Fenced
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORTH GATE
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), 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: 01-32-18-024-0640
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Net Operating Income: 35100
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 19500
  • Total Actual Rent: 54600

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11443

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $1,220,000 -12.9% $462 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
03/29/2023 03/29/23 Price Changed $1,400,000 -6.7% $530 / Sq Ft
02/07/2023 02/07/23 Price Changed $1,500,000 -6.3% $568 / Sq Ft
01/05/2023 01/05/23 For Sale $1,600,000 -- $605 / 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 $20,774 $1,140,700 -- --
2024 $16,086 $1,037,000 $906,250 $130,750
2023 $16,086 $551,100 $0 $0
2022 $11,443 $551,100 $0 $0
2021 $11,972 $563,500 $562,500 $1,000
2020 $12,001 $563,500 $562,500 $1,000
2019 $12,299 $626,000 $625,000 $1,000
2018 $13,112 $626,000 $625,000 $1,000
2017 $7,128 $193,761 $0 $0
2016 $8,017 $176,147 $0 $0
2015 $6,047 $160,134 $0 $0
2014 $4,014 $145,577 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carl Crawford

    Seller's Agent in 2023

    Carl Crawford

    Crawford & Co R.E. Svs's LLC

    (305) 804-6154

    1 in this area

    8 Total Sales

    Carl Crawford
    Section Image
  • Kevin Insua

    Buyer's Agent in 2023

    Kevin Insua

    Atlas Investment R.E., Inc.

    (305) 502-3224

    1 in this area

    5 Total Sales

    Kevin Insua
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11322742

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami 33138 Upper East Side North

431 NE 64th St, Miami, FL

Not Listed for Sale

MultiFamily

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