NOT LISTED FOR SALE

Estimated Value: $703,491 - $1,003,000

3 Beds
2 Baths
1,325 Sq Ft
$618/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $425,000 $321 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,168/month

247 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cooling Available
  • Morningside K-8 Academy Rated 9+
  • Clear Impact Glass
  • Ceiling Fan

About This Home

As of August 2020

Location, Location, location! Great income propety in upcoming Palm Grove (Little River) and steps away from new Magic City and Biscayne Blvb. 2 units with very ample spaces and very luminous, impact windows, new a/c units, separate new meters, washer and dryer room, new celing fans, quiet street. 7% gross income with fixed rentals. Great AirBnb neighbourhood to boost revenue. No Flood zone. Wont last!!

Last Agent to Sell the Property

Ines Gomez Acebo

Ines Gomez Acebo PA License #3317896 Listed on: 11/21/2019

Last Buyer's Agent

Rocio Goris

Miami Waterfront Realty License #3281359

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,335

Year Built

  • Built in 1958

Lot Details

  • Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring

Home Security

  • Clear Impact Glass
  • High Impact Door

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $36,000
  • Rent includes sewer, water
  • Assessor Parcel Number 01-32-18-004-0762

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Baywood Condos
  • Baywood Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $8,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,335

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Duplex
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BAYWOOD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Door Features: High Impact Doors
  • Flooring: Wood
  • Living Area: 1325
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Clear Impact Glass

Exterior Features

  • Roof: Other
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAYWOOD
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-18-004-0762
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4335

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 8000
  • Total Actual Rent: 36000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Aug 13, 2020
Sold by
Lieber Michael
Bought by
Jovi Investments 7501 Llc
Seller's Agent
Ines Gomez Acebo
Ines Gomez Acebo PA
Buyer's Agent
Rocio Goris
Miami Waterfront Realty
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%
Current Estimated Value
$818,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,373
Avg. Annual Appreciation
13.37%

Purchase Details

Closed on
Aug 10, 2004
Sold by
Pleban Richard E
Bought by
Lieber Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 5, 2002
Sold by
Brini Delinoir and Brini Marie Nolleda
Bought by
Pleban Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
5.92%

Purchase Details

Closed on
Jun 25, 1993
Sold by
Brini Marie and Brini Delanoir
Bought by
Brini Delanoir
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
Jovi Investments 7501 Llc $425,000 Attorney
Lieber Michael $285,000 The Harrison Title Group Inc
Pleban Richard $135,000 The Harrison Title Group Inc
Brini Delanoir -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lieber Michael $256,500
Previous Owner Pleban Richard $74,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2020 08/11/20 Sold $425,000 -14.8% $321 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $499,000 -- $377 / 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 $10,623 $525,452 -- --
2024 $10,719 $477,684 -- --
2023 $10,719 $434,259 $0 $0
2022 $9,026 $394,781 $0 $0
2021 $8,385 $358,892 $229,498 $129,394
2020 $4,627 $274,220 $196,219 $78,001
2019 $4,336 $256,500 $178,499 $78,001
2018 $4,186 $273,355 $195,354 $78,001
2017 $3,690 $101,414 $0 $0
2016 $3,479 $92,195 $0 $0
2015 $3,326 $83,814 $0 $0
2014 $2,702 $76,195 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10776532

MIAMI REALTORS® MLS

APN: 01-3218-004-0762