NOT LISTED FOR SALE

45 NW 48th Ct Miami, FL 33126

Flagami Neighborhood

Estimated Value: $761,000 - $965,000

5 Beds
3 Baths
2,075 Sq Ft
$412/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $735,000 $354 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,662/month

116 Days on Market

Highlights

  • No HOA
  • Complete Accordion Shutters
  • Shed
  • Coral Gables Senior High School Rated A-
  • Patio
  • Tile Flooring

About This Home

As of August 2022

Splendid Duplex Property located in Central Miami Flagler area is a unique property that spans NW 48 Ct & 48 Ave providing access to the property via two separate avenues. This imacculate duplex offers a 2bed/1.5bath tenant occupied unit facing 48Ct & a 3bed/2bath unit w/ rear access to 48 Ave. Both front & rear yards provide gated & secured access to the property allowing boat, work truck, storage & more. Front unit#45 has been remodeled w/ new bathrooms (1.5 baths), updated kitchen + newer A/C. Owner occupies rear unit that has separate master suite & is currently operating as a rentable studio (easy to convert back to unit by opening door). Live the rear 2bed/1 bath & rent front 2bed/1.5+ Studio generating over $3,500 in monthly cash flow which covers most of ownership expense.

Last Agent to Sell the Property

Carlos Salomon

Xcellence Realty License #3036445 Listed on: 04/13/2022

Xcellence Realty

Last Buyer's Agent

Jorge Luis Bacallao

The Keyes Company License #0676532

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,488

Year Built

  • Built in 1971

Lot Details

  • 6,926

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,075 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Sliding Windows
  • Complete Accordion Shutters

Flooring

  • Tile
  • Terrazzo

Outdoor Features

  • Patio
  • Shed

Additional Features

  • Fenced
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • 3Rd Addn To Pinehurst Vil Condos
  • 3Rd Addn To Pinehurst Vil Subdivision

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 01-41-06-019-0100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,488

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: Take Flagler St to NW 48 Ct and make turn going North to 4th property on the right.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: 3RD ADDN TO PINEHURST VIL
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 2075
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Single Hung Metal, Sliding

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 3RD ADDN TO PINEHURST VIL
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: 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: 01-41-06-019-0100
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4488

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Aug 18, 2022
Sold by
Gladys Barroso
Bought by
Figueroa Lester L and Figueroa Marisol
Seller's Agent
Carlos Salomon
Xcellence Realty
Buyer's Agent
Jorge Luis Bacallao
The Keyes Company
List Price
$815,000
Sold Price
$735,000
Premium/Discount to List
-$80,000
-9.82%
Views
5
Current Estimated Value
$854,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,192
Avg. Annual Appreciation
4.82%
Original Mortgage
$540,000
Outstanding Balance
$516,390
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$337,802

Purchase Details

Closed on
Apr 13, 2005
Sold by
Barroso Erasmo J and Barroso Gladys
Bought by
Barroso Erasmo J and Barroso Gladys
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
Figueroa Lester L $735,000 --
Barroso Erasmo J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figueroa Lester L $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $735,000 -1.9% $354 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/02/2022 07/02/22 Price Changed $749,000 -3.4% $361 / Sq Ft
06/06/2022 06/06/22 Price Changed $775,000 -1.8% $373 / Sq Ft
04/24/2022 04/24/22 Price Changed $789,000 -3.2% $380 / Sq Ft
04/13/2022 04/13/22 For Sale $815,000 0.0% $393 / Sq Ft
06/15/2020 06/15/20 Rented $1,700 0.0% --
05/29/2020 05/29/20 Under Contract -- -- --
05/07/2020 05/07/20 Price Changed $1,700 -2.9% $1 / Sq Ft
04/07/2020 04/07/20 Price Changed $1,750 -2.8% $1 / Sq Ft
03/08/2020 03/08/20 For Rent $1,800 +5.9% --
05/15/2019 05/15/19 Rented $1,700 0.0% --
04/26/2019 04/26/19 Under Contract -- -- --
04/12/2019 04/12/19 For Rent $1,700 +3.0% --
06/19/2017 06/19/17 Rented $1,650 -8.3% --
06/16/2017 06/16/17 Under Contract -- -- --
06/06/2017 06/06/17 For Rent $1,800 -- --
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 $14,287 $708,740 $366,336 $342,404
2024 $13,222 $666,883 -- --
2023 $13,222 $606,258 $255,522 $350,736
2022 $4,912 $257,556 $0 $0
2021 $4,488 $239,515 $0 $0
2020 $2,678 $238,982 $0 $0
2019 $2,468 $223,965 $0 $0
2018 $2,312 $218,898 $0 $0
2017 $2,219 $206,207 $0 $0
2016 $2,157 $192,965 $0 $0
2015 $2,147 $181,856 $0 $0
2014 $2,037 $171,638 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlos Salomon

    Seller's Agent in 2022

    Carlos Salomon

    Xcellence Realty

    (786) 433-2989

    2 in this area

    36 Total Sales

    Carlos Salomon
    Section Image
  • Jorge Luis Bacallao

    Buyer's Agent in 2022

    Jorge Luis Bacallao

    The Keyes Company

    (786) 728-2656

    1 in this area

    58 Total Sales

    Jorge Luis Bacallao
    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Dulce Laportilla

    MMLS Assoc.-Inactive Member

    Section Image

  • K

    Buyer's Agent in 2017

    Kelly Micieli

    R1S1 KM Investment Corp

    (786) 462-4504

    12 Total Sales

    Kelly Micieli
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11188961

MIAMI REALTORS® MLS

APN: 01-4106-019-0100

Florida Miami/Dade County Miami 33126 Flagami

45 NW 48th Ct, Miami, FL

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