NOT LISTED FOR SALE

517 Menendez Ave Miami, FL 33146

Upper Riviera Neighborhood

Estimated Value: $1,555,000 - $1,846,073

6 Beds
4 Baths
3,066 Sq Ft
$548/Sq Ft Est. Value

Last Sold April 07, 2016

Last sale price $699,000 $228 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $10,562/month

23 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-minute walk to Maggiore Park
  • George W. Carver Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of April 2016

Great investment opportunity on a quiet street in a prime South Gables location. Spacious duplex with 3BR/2BA in upstairs unit and 3BR/2BA in downstairs unit. Tile floors and washer & dryer in each unit. Ample parking available. Current leases expire on May 31 and tenants would like to renew. Close to UM, downtown Coral Gables, Coconut Grove & MIA.

Last Agent to Sell the Property

Riley Smith

Compass Florida, LLC License #3028618 Listed on: 01/29/2016

Compass Florida, LLC

Last Buyer's Agent

Carlos Machado

Hibiscus Realty Group License #0647207

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,503

Year Built

  • Built in 1971

Lot Details

  • 5,009

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 3,066 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Location

  • East of U.S. Route 1

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Coral Gables Riviera Pt 0 Subdivision

Listing and Financial Details

  • Rent includes gardener, trash collection, water
  • Assessor Parcel Number 03-41-20-023-1800

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,503

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: US1 to Riviera Dr. East on Riviera Dr to Menendez.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: Coral Gables Riviera Pt 0
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 3066
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Barrel Roof
  • Disclosures: Disclosure
  • Lot Features: Less Than 1/4 Acre Lot, East Of US 1
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Coral Gables Riviera Pt 0

Utilities

  • Sewer: Septic Tank
  • 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: 03-41-20-023-1800
  • Zoning: D
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection, Water

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 8503

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
Mar 15, 2022
Sold by
Holly 2115 1 Llc
Bought by
Menendez Property Llc
Current Estimated Value
$1,680,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$784,209
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$896,059

Purchase Details

Listed on
Jan 29, 2016
Closed on
Apr 7, 2016
Sold by
Sears Harold G and Ellison Stuart H
Bought by
Holly 2115 1 Llc
Seller's Agent
Riley Smith
Compass Florida, LLC
Buyer's Agent
Carlos Machado
Hibiscus Realty Group
List Price
$699,000
Sold Price
$699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%

Purchase Details

Closed on
Nov 23, 2004
Sold by
Rodman Ronald
Bought by
Sears Harold G and Ellison Stuart H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
4.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 17, 1998
Sold by
Daugherty Michael J and Daugherty Karen
Bought by
Rodman Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.95%
Mortgage Type
New Conventional
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
Menendez Property Llc $1,200,000 Carlos M Machado Pa
Menendez Property Llc $1,200,000 None Listed On Document
Holly 2115 1 Llc $699,000 Attorney
Sears Harold G $595,000 --
Rodman Ronald D $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menendez Property Llc $840,000
Closed Menendez Property Llc $840,000
Previous Owner Sears Harold G $476,000
Previous Owner Rodman Ronald D $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2016 04/07/16 Sold $699,000 0.0% $228 / Sq Ft
02/21/2016 02/21/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $699,000 -- $228 / 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 $20,685 $1,235,406 -- --
2024 $18,856 $1,123,097 -- --
2023 $18,856 $1,022,326 $475,000 $547,326
2022 $10,963 $541,325 $0 $0
2021 $9,529 $492,114 $0 $0
2020 $8,581 $447,377 $225,000 $222,377
2019 $8,637 $449,189 $225,000 $224,189
2018 $8,472 $451,024 $225,000 $226,024
2017 $8,614 $452,860 $0 $0
2016 $8,345 $429,696 $0 $0
2015 $8,503 $428,635 $0 $0
2014 $7,888 $389,669 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Riley Smith

    Seller's Agent in 2016

    Riley Smith

    Compass Florida, LLC

    (786) 550-6054

    8 in this area

    728 Total Sales

    Riley Smith
    Section Image

  • C

    Buyer's Agent in 2016

    Carlos Machado

    Hibiscus Realty Group

    (786) 290-4361

    5 Total Sales

    Carlos Machado
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10025419

MIAMI REALTORS® MLS

APN: 03-4120-023-1800

Florida Miami/Dade County Miami 33146 Upper Riviera

517 Menendez Ave, Miami, FL

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