NOT LISTED FOR SALE
2 Beds
2 Baths
3,227 Sq Ft
1948 Built

Sale Details

Date Sold: April 30, 2014

Last sale price $800,000 $248 Per Sq Ft

10 Days on Market

Highlights

  • Wood Flooring
  • High Impact Windows
  • Patio
  • No HOA
  • Cooling Available
  • Laundry Facilities

About This Home

As of April 2014

THIS FOURPLEX IS IN A1 CONDITION 2 BLOCKS TO THE BEACH,NEW HURRICANE WINDOWS,REMODELED KITCHENS,HARDWOOD FLOORS ON SECOND FLOOR AND TERRAZO ON FIRST FLOOR.3 PARKING SPACES.UNIT 3 THE LEASE ENDS IN MAY AND WILL GO UP TO $1600,UNIT 4 MO. TO MO. AND THAT WI LL GO UP TO $1600.THE INCOME IS BASED AT $1500 PER UNIT.SEE ATTACHMENT FOR INCOME AND EXPENSES.

Last Agent to Sell the Property

Noel Rodriguez

Miami Beach Real Estate Group License #0661912 Listed on: 03/19/2014

Miami Beach Real Estate Group

Last Buyer's Agent

Perla Susana Bejer

New Miami International Realty License #3068093

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,355

Year Built

  • Built in 1948

Parking

  • 3 Parking Spaces

Home Design

  • Quadruplex
  • Barrel Roof Shape

Interior Spaces

  • 3,227 Sq Ft Home
  • 2-Story Property
  • High Impact Windows

Flooring

  • Wood
  • Terrazzo

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $73,200
  • Rent includes hot water, sewer, trash collection, water
  • Assessor Parcel Number 02-32-02-007-1920

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2 53 42 Altos Del Mar No Condos
  • 2 53 42 Altos Del Mar No Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $25,408
  • Net Operating Income $47,792

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,355

Year Built

Built in 1948

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Directions: COLLINS TO 76 TURN LEFT.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: 2 53 42 ALTOS DEL MAR NO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Terrazzo, Wood
  • Living Area: 3227
  • Possible Use: Investment
  • Stories: 2
  • Window Features: High Impact Windows

Exterior Features

  • Roof: Barrel Roof
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 2 53 42 ALTOS DEL MAR NO
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: 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: 02-32-02-007-1920
  • Zoning: 39/MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 47792
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 25408
  • Total Actual Rent: 73200

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 8355

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2014
Closed on
Apr 30, 2014
Sold by
Bought by
Seller's Agent
Noel Rodriguez
Miami Beach Real Estate Group
Buyer's Agent
Perla Susana Bejer
New Miami International Realty
List Price
$875,000
Sold Price
$800,000
Premium/Discount to List
-$75,000
-8.57%

Purchase Details

Closed on
Nov 23, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 18, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$800,000 Attorney
$602,500 Attorney
$400,000 --
$230,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $416,200
Previous Owner $320,000
Previous Owner $216,750
Previous Owner $207,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/30/2014 04/30/14 Sold $800,000 -8.6% $248 / Sq Ft
03/29/2014 03/29/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $875,000 0.0% $271 / Sq Ft
02/06/2014 02/06/14 Rented $1,500 -6.3% --
02/06/2014 02/06/14 For Rent $1,600 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,881 $895,874
2024 $14,183 $814,431
2023 $14,183 $740,392 $0 $0
2022 $12,686 $673,084 $0 $0
2021 $11,815 $611,895 $565,000 $46,895
2020 $12,455 $679,000 $678,000 $1,000
2019 $10,968 $566,000 $565,000 $1,000
2018 $10,643 $566,000 $565,000 $1,000
2017 $12,069 $607,553 $0 $0
2016 $11,656 $552,321 $0 $0
2015 $9,948 $502,110 $0 $0
2014 $9,040 $444,944 $0 $0
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1923461

MIAMI REALTORS® MLS
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