NOT LISTED FOR SALE

438 NW 5th Ave Homestead, FL 33030

Downtown Homestead Neighborhood

Estimated Value: $393,000 - $452,000

4 Beds
3 Baths
1,608 Sq Ft
$264/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $237,500 $148 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,788/month

8 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

As of January 2021

Located in an Opportunity Zone, this duplex is a great start or addition to your real estate investment ownership. Both units are occupied by long term tenants. Ample parking space for tenants. Each unit offers 2 bedrooms, however one unit has 1 bathroom and the other unit has 2 bathrooms. Easily accessible - just 3 minutes from US1 and 10 minutes from Turnpike. Miami Dade College - Homestead Campus just 2 minutes from property. Homestead Community College Current rental income is $850 a month for each unit. Total monthly rental income of $1700. Showings by appointment only. Please do not disturb tenants.

Last Agent to Sell the Property

Tammy Garcia

License #3268680 Listed on: 12/23/2020

Last Buyer's Agent

Tammy Garcia

License #3268680 Listed on: 12/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,109

Year Built

  • Built in 1970

Lot Details

  • Property is zoned 5700

Parking

  • 2 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,608 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Ceramic Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Palmetto Addn To Homestea Subdivision

Listing and Financial Details

  • Rent includes hot water, trash collection
  • Assessor Parcel Number 10-78-13-008-0220

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,109

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: PALMETTO ADDN TO HOMESTEA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Floor
  • Living Area: 1608
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Handyman Special
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PALMETTO ADDN TO HOMESTEA
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 10-78-13-008-0220
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Trash Collection

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2109

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Jan 29, 2021
Sold by
Bell Mark
Bought by
Dph Diversified Llc
Seller's Agent
Tammy Garcia
Buyer's Agent
Tammy Garcia
List Price
$220,000
Sold Price
$237,500
Premium/Discount to List
$17,500
7.95%
Current Estimated Value
$424,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,796
Avg. Annual Appreciation
12.85%
Original Mortgage
$250,000
Outstanding Balance
$223,209
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$201,087

Purchase Details

Closed on
Jun 29, 2009
Sold by
Gonzalez Otto A
Bought by
Bell Mark

Purchase Details

Closed on
Sep 15, 2008
Sold by
Gonzalez Otto A
Bought by
Pni Properties Llc

Purchase Details

Closed on
Oct 1, 2006
Sold by
Delia Espinosa Llc
Bought by
Gonzalez Otto A

Purchase Details

Closed on
Dec 12, 2005
Sold by
Uni Homestead Llc
Bought by
Delia Espinosa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,900
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 29, 2005
Sold by
Gonzalez Otto A
Bought by
Uni Homestead Llc

Purchase Details

Closed on
Nov 18, 2004
Sold by
Hernandez Manuel R
Bought by
Gonzalez Otto A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 19, 2003
Sold by
Cjc Inc
Bought by
Hernandez Manuel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
5.6%
Mortgage Type
Unknown
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
Dph Diversified Llc $237,500 Attorney
Bell Mark $65,000 Consumer Land Title Insuranc
Gonzalez Otto A -- None Available
Pni Properties Llc -- None Available
Gonzalez Otto A $139,000 Attorney
Delia Espinosa Llc $247,000 --
Uni Homestead Llc -- --
Gonzalez Otto A $158,400 --
Hernandez Manuel R $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dph Diversified Llc $250,000
Previous Owner Delia Espinosa Llc $100,900
Previous Owner Gonzalez Otto A $142,500
Previous Owner Hernandez Manuel R $59,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $237,500 +8.0% $148 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
12/22/2020 12/22/20 For Sale $220,000 -- $137 / 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 $6,617 $268,632 -- --
2024 $6,224 $244,211 -- --
2023 $6,224 $222,010 $0 $0
2022 $6,109 $239,952 $102,000 $137,952
2021 $2,165 $73,345 $0 $0
2020 $2,109 $155,795 $68,000 $87,795
2019 $2,052 $159,573 $68,000 $91,573
2018 $1,586 $112,343 $27,200 $85,143
2017 $1,481 $50,098 $0 $0
2016 $1,378 $45,544 $0 $0
2015 $1,135 $41,404 $0 $0
2014 $1,083 $37,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tammy Garcia

    Seller's Agent in 2021

    Tammy Garcia

    (305) 458-9737

    1 in this area

    70 Total Sales

    Tammy Garcia
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10974574

MIAMI REALTORS® MLS

APN: 10-7813-008-0220

Florida Miami/Dade County Homestead 33030 Downtown Homestead

438 NW 5th Ave, Homestead, FL

Not Listed for Sale

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