NOT LISTED FOR SALE

432 SW 78th Ct Miami, FL 33144

Flagler Park Neighborhood

Estimated Value: $695,590 - $916,000

4 Beds
2 Baths
2,001 Sq Ft
$401/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $359,000 $179 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $5,158/month

162 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Seminole Elementary School Rated 9+
  • Central Heating and Cooling System

About This Home

As of May 2014

Attn Investors. This is a great opportunity. Two separate triplexes/buildings available (2 folios) being offered at $719,000 mls A1871082. Addresses 440,442,432,& 434 Sw 78 Ct. Both triplexes with 3 units each. Total 6 apartments! Two (2/1)& one (studio) . Rents are below market. Opportunity for some minor TLC to maximize the income. Great central location near Palmetto and Mall of Americas. Fully rented. Oversize lots. Selling both folios together for one special package deal. Call now to submit offer.

Last Agent to Sell the Property

Gregg Fuerst

Prime Florida Realty License #0483514 Listed on: 11/21/2013

Last Buyer's Agent

Monica Gonzalez

London Foster Realty License #3269603

London Foster Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,449

Year Built

  • Built in 1968

Lot Details

  • 8,930

Parking

  • 8 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,001 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $85,200
  • Rent includes hot water, gardener, sewer
  • Assessor Parcel Number 30-40-03-001-3650

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Flagami 3Rd Addn Condos
  • Flagami 3Rd Addn,Triplex 2 Buildings Subdivision, Triplex 2 Folios Floorplan

Building Details

  • Operating Expense $15,850
  • Net Operating Income $66,794

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,449

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Triplex
  • Architectural Style: Attached
  • Directions: OFF PALMETTO
  • Horses: No
  • Master Model: triplex -2 folios
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: FLAGAMI 3RD ADDN,triplex -2 buildings
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2001
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Hurricane Shutters

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot, 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FLAGAMI 3RD ADDN
  • Total Parking Spaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • 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: 30-40-03-001-3650
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Sewer

Multi Family

  • Net Operating Income: 66794
  • Number Of Units In Community: 4
  • Number Of Units Total: 3
  • Annual Operating Expense: 15850
  • Total Actual Rent: 85200

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4449

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2017
Sold by
Yomi Yomi Investments Inc
Bought by
Tomelu Llc
Current Estimated Value
$807,104

Purchase Details

Listed on
Nov 21, 2013
Closed on
May 16, 2014
Sold by
Tropics Properties Holding Llc
Bought by
Yomi Yomi Investments Inc
Seller's Agent
Gregg Fuerst
Prime Florida Realty
Buyer's Agent
Monica Gonzalez
London Foster Realty
List Price
$349,000
Sold Price
$359,000
Premium/Discount to List
$10,000
2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
May 9, 2013
Sold by
Lezcano Belkis J
Bought by
Tropics Properties Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 15, 2002
Sold by
Eduardo Lezcano M and Eduardo Belkis J
Bought by
Lezcano Belkis J

Purchase Details

Closed on
Feb 24, 1999
Sold by
Gomez Edgar D
Bought by
Lezcano Eduardo and Lezcano Belkis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 1995
Sold by
Jaces Inc
Bought by
Gomez Edgar D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.88%
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
Tomelu Llc $880,000 Capital Title Group Inc
Yomi Yomi Investments Inc $719,000 Americas Title Corporation
Tropics Properties Holding Llc $155,000 Attorney
Lezcano Belkis J -- --
Lezcano Eduardo $155,000 --
Gomez Edgar D $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yomi Yomi Investments Inc $450,000
Previous Owner Tropics Properties Holding Llc $125,000
Previous Owner Lezcano Belkis $80,000
Previous Owner Lezcano Belkis $225,000
Previous Owner Lezcano Belkis $80,000
Previous Owner Lezcano Belkis J $50,000
Previous Owner Lezcano Eduardo $111,000
Previous Owner Lezcano Eduardo $108,500
Previous Owner Gomez Edgar D $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2014 05/16/14 Sold $359,000 +2.9% $179 / Sq Ft
05/02/2014 05/02/14 Pending -- -- --
11/21/2013 11/21/13 For Sale $349,000 -- $174 / 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 $9,537 $469,885 -- --
2024 $8,191 $427,587 -- --
2023 $8,191 $388,716 $0 $0
2022 $7,357 $353,379 $0 $0
2021 $6,624 $321,254 $180,675 $140,579
2020 $6,354 $305,027 $164,250 $140,777
2019 $6,229 $297,162 $156,188 $140,974
2018 $6,812 $340,811 $138,873 $201,938
2017 $5,983 $266,346 $0 $0
2016 $5,396 $245,099 $0 $0
2015 $4,946 $222,818 $0 $0
2014 $4,677 $203,664 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gregg Fuerst

    Seller's Agent in 2014

    Gregg Fuerst

    Prime Florida Realty

    (305) 389-1757

    Gregg Fuerst
    Section Image
  • Monica Gonzalez

    Buyer's Agent in 2014

    Monica Gonzalez

    London Foster Realty

    (786) 693-3568

    5 Total Sales

    Monica Gonzalez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1872933

MIAMI REALTORS® MLS

APN: 30-4003-001-3650

Florida Miami/Dade County Miami 33144 Flagler Park

432 SW 78th Ct, Miami, FL

This home is located at 432 SW 78th Ct, Miami, FL 33144 since 21 November 2013 and is currently estimated at $802,148, approximately $400 per square foot. This property was built in 1968. 432 SW 78th Ct is a home located in Miami-Dade County with nearby schools including Seminole Elementary School, West Miami Middle School, and Miami Coral Park Senior High School.

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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