NOT LISTED FOR SALE

494 Tamiami Canal Rd Miami, FL 33144

Flagami Neighborhood

Estimated Value: $648,611 - $743,000

3 Beds
2 Baths
1,350 Sq Ft
$499/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $275,000 $204 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $4,217/month

27 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • Tile Flooring
  • Flagami Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of June 2018

Investors don't miss this opportunity to buy this Duplex under probate with a beautiful and relaxing Canal as your back yard. This is a detach 2 unit Duplex. Main house has 2/1, with updated kitchen and comfortable dining and living area. The 2nd unit is one bedroom with one bath with kitchen and living area as well. Property has lots of potential, back unit needs some TLC. Great for investor to fix, rent or sell. Beautiful sunsets await the future owner of this duplex with endless opportunities.

Last Agent to Sell the Property

Maria Pineiro

Florida Realty of Miami Corp License #3092358 Listed on: 03/29/2018

Florida Realty of Miami Corp

Last Buyer's Agent

Maria Pineiro

Florida Realty of Miami Corp License #3092358 Listed on: 03/29/2018

Florida Realty of Miami Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 1951

Lot Details

  • 150 Ft Wide Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned 0100

Parking

  • 4 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 01-40-02-003-0250

Community Details

Overview

  • No Home Owners Association
  • Flagami Sec A Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,680

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Directions: GPS
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex, House
  • Subdivision Name: FLAGAMI SEC A
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Other, Tile
  • Living Area: 1350
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: FLAGAMI SEC A
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-40-02-003-0250
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4680

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2019
Sold by
494 Tamiami Canal Road Llc
Bought by
Pao Yuniel Dorticos
Current Estimated Value
$673,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,800
Outstanding Balance
$265,452
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$364,025

Purchase Details

Closed on
Dec 20, 2018
Sold by
Gonzalo Investments Llc
Bought by
494 Tamiami Canal Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,500
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jul 2, 2018
Sold by
Barber Cecilia Maria
Bought by
Gonzalo Investments Llc
Seller's Agent
Maria Pineiro
Florida Realty of Miami Corp
Buyer's Agent
Maria Pineiro
Florida Realty of Miami Corp
List Price
$365,000
Sold Price
$275,000
Premium/Discount to List
-$90,000
-24.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jun 28, 2018
Sold by
Durigan Alicia
Bought by
Gonzalo Investments Llc
Seller's Agent
Maria Pineiro
Florida Realty of Miami Corp
Buyer's Agent
Maria Pineiro
Florida Realty of Miami Corp
List Price
$365,000
Sold Price
$275,000
Premium/Discount to List
-$90,000
-24.66%

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jun 26, 2018
Sold by
Barber Cecilia Maria
Bought by
Gonzalo Investments Llc
Seller's Agent
Maria Pineiro
Florida Realty of Miami Corp
Buyer's Agent
Maria Pineiro
Florida Realty of Miami Corp
List Price
$365,000
Sold Price
$275,000
Premium/Discount to List
-$90,000
-24.66%
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
Pao Yuniel Dorticos -- Attorney
494 Tamiami Canal Road Llc $407,000 Citation Title Company Inc
Gonzalo Investments Llc $275,000 Attorney
Gonzalo Investments Llc -- Attorney
Gonzalo Investments Llc -- Attorney
Gonzalo Investments Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pao Yuniel Dorticos $299,800
Previous Owner 494 Tamiami Canal Road Llc $266,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $275,000 -24.7% $204 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
03/10/2018 03/10/18 For Sale $365,000 -- $270 / 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 $6,586 $342,535 -- --
2024 $6,351 $322,435 -- --
2023 $6,351 $303,689 $0 $0
2022 $5,994 $286,340 $0 $0
2021 $5,615 $270,269 $0 $0
2020 $5,445 $261,605 $151,732 $109,873
2019 $6,230 $256,234 $145,073 $111,161
2018 $5,146 $241,331 $145,073 $96,258
2017 $4,680 $176,636 $0 $0
2016 $4,434 $160,579 $0 $0
2015 $4,006 $145,981 $0 $0
2014 $3,832 $135,467 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maria Pineiro

    Seller's Agent in 2018

    Maria Pineiro

    Florida Realty of Miami

    (786) 251-1972

    1 in this area

    18 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10434826

MIAMI REALTORS® MLS

APN: 01-4002-003-0250

Florida Miami/Dade County Miami 33144 Flagami

494 Tamiami Canal Rd, Miami, FL

This home is located at 494 Tamiami Canal Rd, Miami, FL 33144 since 29 March 2018 and is currently estimated at $673,153, approximately $498 per square foot. This property was built in 1951. 494 Tamiami Canal Rd is a home located in Miami-Dade County with nearby schools including Flagami Elementary School, West Miami Middle School, and South Miami 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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