NOT LISTED FOR SALE

5241 NW 5th St Miami, FL 33126

Flagami Neighborhood

Estimated Value: $848,000 - $953,000

4 Beds
3 Baths
3,700 Sq Ft
$240/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $740,000 $200 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,869/month

69 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Jalousie or louvered window
  • Terrazzo Flooring
  • 4-minute walk to Antonio Maceo Park

About This Home

As of April 2022

Great opportunity!!! Income producing multi family property with limitless potential. Excellent location!!!
Don't miss the opportunity to see this in person.

Property currently vacant and easy to show!

Last Agent to Sell the Property

Iliana Abella

Compass Florida, LLC License #0519307 Listed on: 02/15/2022

Compass Florida, LLC

Last Buyer's Agent

Cesar Rodriguez

Miami Top Inc. License #3354406

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,941

Year Built

  • Built in 1956

Lot Details

  • 6,970

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,700 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window

Flooring

  • Terrazzo
  • Vinyl

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Flagler Grove Estates Ext Condos
  • Flagler Grove Estates Ext,Flagler Grove Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-06-018-0160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,941

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • 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,FLAGLER GROVE ESTATE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Terrazzo, Vinyl
  • Furnished: Unfurnished
  • Living Area: 3700
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Jalousie

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS 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: 5

Utilities

  • Sewer: Public Sewer, Other
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • 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: 01-41-06-018-0160
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8941

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Apr 14, 2022
Sold by
Realpha 7 Llc
Bought by
Almaguer Dania C Volmey
Seller's Agent
Iliana Abella
Compass Florida, LLC
Buyer's Agent
Cesar Rodriguez
Miami Top Inc.
List Price
$700,000
Sold Price
$740,000
Premium/Discount to List
$40,000
5.71%
Current Estimated Value
$887,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,850
Avg. Annual Appreciation
5.33%
Original Mortgage
$555,000
Outstanding Balance
$520,827
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$367,023

Purchase Details

Closed on
Jun 30, 2021
Sold by
Zenith Trust Llc
Bought by
Realpha 7 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,851
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2021
Sold by
Boring Mary Carol and Irene M Smith Trust
Bought by
Zenith Trust Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,851
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2009
Sold by
Smith Irene M
Bought by
Smith Irene M
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
Almaguer Dania C Volmey $740,000 Title First
Almaguer Dania C Volmey $740,000 Title First
Realpha 7 Llc $505,000 Title Now Llc
Zenith Trust Llc $400,000 Title Now Llc
Zenith Trust Llc $400,000 Title Now
Smith Irene M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almaguer Dania C Volmey $555,000
Closed Almaguer Dania C Volmey $555,000
Previous Owner Realpha 7 Llc $502,851
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2022 04/26/22 Sold $740,000 +5.7% $200 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $700,000 -- $189 / 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 $14,389 $716,210 $368,350 $347,860
2024 $13,310 $671,555 -- --
2023 $13,310 $610,505 $257,117 $353,388
2022 $10,876 $490,699 $208,585 $282,114
2021 $9,217 $398,051 $160,053 $237,998
2020 $9,246 $398,445 $160,053 $238,392
2019 $5,247 $283,754 $0 $0
2018 $4,973 $275,716 $0 $0
2017 $4,684 $258,915 $0 $0
2016 $4,477 $242,023 $0 $0
2015 $4,288 $227,789 $0 $0
2014 $2,420 $214,704 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Iliana Abella

    Seller's Agent in 2022

    Iliana Abella

    Compass Florida, LLC

    (305) 505-0488

    3 in this area

    70 Total Sales

    Iliana Abella
    Section Image
  • Cesar Rodriguez

    Buyer's Agent in 2022

    Cesar Rodriguez

    Miami Top Inc.

    (305) 360-7908

    3 in this area

    28 Total Sales

    Cesar Rodriguez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11160879

MIAMI REALTORS® MLS

APN: 01-4106-018-0160

Florida Miami/Dade County Miami 33126 Flagami

5241 NW 5th St, Miami, FL

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