NOT LISTED FOR SALE

Estimated Value: $1,005,000 - $1,486,000

6 Beds
4 Baths
2,175 Sq Ft
$578/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $1,200,000 $552 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,206/month

37 Days on Market

Highlights

  • Furnished
  • No HOA
  • Central Heating and Cooling System
  • Morningside K-8 Academy Rated 9+
  • Ceramic Tile Flooring
  • 1-Story Property

About This Home

As of December 2022

Espectacular rental income house, more than 8% annual cap return. Two exactly duplex units each one with 3 bedrooms and 2 bathrooms fully furnished and already rented until may. Great opportunity for investors looking for a great return. No subject to appraisal if financing. MIMO district hidden gem near design district. No subject to appraisal.

Last Agent to Sell the Property

Moises Tacle

Fajer International Realty, LLC. License #3271415 Listed on: 02/20/2022

Last Buyer's Agent

Kathrin Rein

Keller Williams Miami Beach License #3249771

Keller Williams Miami Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,841

Year Built

  • Built in 1952

Lot Details

  • 5,663

Parking

  • 4 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,175 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceramic Tile Flooring

Additional Features

  • Property is zoned 0104
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Morningside Amd Subdivision

Listing and Financial Details

  • Rent includes cable TV
  • Assessor Parcel Number 01-32-18-023-0290

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,841

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: MORNINGSIDE AMD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 2175
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MORNINGSIDE AMD
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-18-023-0290
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Cable TV

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11841

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2022
Closed on
Dec 12, 2022
Sold by
Zrg 521 Ne 68 St Llc
Bought by
Barkoe David
Seller's Agent
Moises Tacle
Fajer International Realty, LLC.
Buyer's Agent
Kathrin Rein
Keller Williams Miami Beach
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%
Views
13
Current Estimated Value
$1,256,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,419
Avg. Annual Appreciation
1.50%
Original Mortgage
$900,000
Outstanding Balance
$871,109
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
$385,310

Purchase Details

Listed on
Nov 4, 2019
Closed on
Jan 27, 2020
Sold by
Ipanema Morningside Llc
Bought by
Zrg 521 Ne 68Th St Llc
Seller's Agent
Graciela Gandarilla
Alegre Real Estate
Buyer's Agent
Moises Tacle
Fajer International Realty, LLC.
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.95%
Original Mortgage
$564,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2014
Sold by
Ipanema Surfing Inc
Bought by
Ipanema Morningside Llc

Purchase Details

Closed on
Aug 14, 2014
Sold by
Mittion Margarette
Bought by
Ipanema Surfing Inc
Source: Public Records
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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
Barkoe David $1,200,000 --
Zrg 521 Ne 68Th St Llc $800,000 Express Title Svcs Group Inc
Ipanema Morningside Llc -- None Available
Ipanema Surfing Inc $225,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barkoe David $900,000
Previous Owner Zrg 521 Ne 68Th St Llc $564,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2022 12/12/22 Sold $1,200,000 -4.0% $552 / Sq Ft
09/09/2022 09/09/22 Price Changed $1,249,900 -3.8% $575 / Sq Ft
08/04/2022 08/04/22 Price Changed $1,299,000 -5.5% $597 / Sq Ft
04/15/2022 04/15/22 Price Changed $1,375,000 +7.8% $632 / Sq Ft
04/15/2022 04/15/22 For Sale $1,275,000 +6.3% $586 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/25/2022 03/25/22 Off Market $1,200,000 -- --
02/25/2022 02/25/22 For Sale -- -- --
02/23/2022 02/23/22 Pending -- -- --
02/20/2022 02/20/22 For Sale $1,275,000 +59.4% $586 / Sq Ft
01/15/2020 01/15/20 Sold $800,000 0.0% $368 / Sq Ft View Prior Sale
11/14/2019 11/14/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $800,000 -- $368 / 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 $19,626 $963,560 $423,750 $539,810
2024 $21,693 $941,759 $395,675 $546,084
2023 $21,693 $1,018,323 $465,966 $552,357
2022 $13,013 $573,678 $0 $0
2021 $11,841 $521,526 $254,163 $267,363
2020 $8,106 $344,903 $217,388 $127,515
2019 $7,649 $326,378 $197,838 $128,540
2018 $7,162 $338,995 $216,458 $122,537
2017 $6,364 $263,505 $0 $0
2016 $5,988 $239,550 $0 $0
2015 $5,776 $225,586 $0 $0
2014 $3,505 $108,682 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11163530

MIAMI REALTORS® MLS

APN: 01-3218-023-0290