NOT LISTED FOR SALE

5227 NW 4th St Miami, FL 33126

Flagami Neighborhood

Estimated Value: $616,000 - $803,000

5 Beds
3 Baths
1,855 Sq Ft
$377/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $715,000 $385 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,916/month

135 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Partial Impact Glass
  • Central Heating and Cooling System

About This Home

As of March 2024

Attention Investors!! Amazing Income producing property opportunity located in the heart of Miami with plenty of parking and possible potential for Air BNB. Bathroom & Kitchensremodeled within the past 4 years and as well as updated Impact Windows, Water Heaters, Electrical Panel, Central A/C's and Water Heaters. Rear unit has potential for in-law quarter for additional income. Property is within short travel distance to Miami's major tourist attractions such as the Beaches, Wynwood, Design District, Brickell, Downtown and Coconut Grove.

Last Agent to Sell the Property

William Escobar

Brickell Realty Group, LLC License #3249091 Listed on: 10/10/2023

Brickell Realty Group, LLC

Last Buyer's Agent

Hugo Lopez

My Realty Group, LLC. License #3309360

My Realty Group, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,366

Year Built

  • Built in 1962

Lot Details

  • 6,970

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 1,855 Sq Ft Home
  • 1-Story Property
  • Partial Impact Glass

Flooring

  • Tile
  • Terrazzo

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Flagler Grove Estates Ext Condos
  • Flagler Grove Estates Ext Subdivision

Listing and Financial Details

  • Total Actual Rent $66,000
  • Rent includes trash collection
  • Assessor Parcel Number 01-41-06-018-0930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,366

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: FLAGLER GROVE ESTATES EXT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 1855
  • Possible Use: Primary
  • Stories: 1
  • Window Features: Partial Impact Glass

Exterior Features

  • Roof: Built-Up
  • Construction Type: Slab Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FLAGLER GROVE ESTATES EXT
  • Total Parking Spaces: 6

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: 01-41-06-018-0930
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8366

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 66000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Feb 27, 2024
Sold by
Villa Alicia
Bought by
Beta Ck State Llc
Seller's Agent
William Escobar
Brickell Realty Group, LLC
Buyer's Agent
Hugo Lopez
My Realty Group, LLC.
List Price
$749,900
Sold Price
$715,000
Premium/Discount to List
-$34,900
-4.65%
Views
107
Current Estimated Value
$780,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,620
Avg. Annual Appreciation
-1.17%

Purchase Details

Closed on
Jul 16, 2018
Sold by
Guilarte Roger
Bought by
Villa Alicia

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
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beta Ck State Llc $715,000 Unlimited Title Group
Beta Ck State Llc $715,000 Unlimited Title Group
Villa Alicia $307,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villa Alicia $266,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2024 03/07/24 Sold $715,000 0.0% $385 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
01/23/2024 01/23/24 Price Changed $715,000 -2.7% $385 / Sq Ft
11/15/2023 11/15/23 Price Changed $734,900 -2.0% $396 / Sq Ft
10/10/2023 10/10/23 For Sale $749,900 -- $404 / 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 $10,006 $573,827 $368,350 $205,477
2024 $9,111 $421,666 -- --
2023 $9,111 $383,333 $0 $0
2022 $8,366 $348,485 $0 $0
2021 $7,491 $316,805 $160,053 $156,752
2020 $7,532 $317,952 $160,053 $157,899
2019 $7,000 $292,324 $132,173 $160,151
2018 $6,201 $263,816 $132,173 $131,643
2017 $5,837 $234,417 $0 $0
2016 $5,531 $213,107 $0 $0
2015 $5,226 $193,734 $0 $0
2014 $4,754 $176,122 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Escobar

    Seller's Agent in 2024

    William Escobar

    Brickell Realty Group, LLC

    (305) 303-4805

    1 in this area

    17 Total Sales

    William Escobar
    Section Image
  • Hugo Lopez

    Buyer's Agent in 2024

    Hugo Lopez

    My Realty Group, LLC.

    (786) 999-3558

    9 in this area

    73 Total Sales

    Hugo Lopez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11467269

MIAMI REALTORS® MLS

APN: 01-4106-018-0930

Florida Miami/Dade County Miami 33126 Flagami

5227 NW 4th St, Miami, FL

Not Listed for Sale

MultiFamily

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