NOT LISTED FOR SALE

Estimated Value: $1,058,000 - $1,812,000

7 Beds
2 Baths
3,068 Sq Ft
$415/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $915,000 $298 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,878/month

229 Days on Market

Highlights

  • Deck
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wood Flooring
  • Porch
  • 4-minute walk to General Jose Francisco Morazan Quesada Park

About This Home

As of January 2024

Discover the ultimate, uber charming, investment opportunity in the heart of Miami with this income-generating triplex.

Last Agent to Sell the Property

Wesley Ulloa

Luxe Properties License #3192493 Listed on: 04/05/2023

Luxe Properties

Co-Listed By

Kristine Martinez

Luxe Properties License #3281829

Last Buyer's Agent

Senia Rowley

Emerald Realty True Partners License #3391847

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,250

Year Built

  • Built in 1925

Lot Details

  • 7,492

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,068 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Concrete
  • Tile

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • 3 Units
  • City Of Miami South Condos
  • City Of Miami South Subdivision

Listing and Financial Details

  • Rent includes electricity, gas, hot water, water
  • Assessor Parcel Number 01-02-02-050-1050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,250

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Co List Office Mls Id: LMPR01
  • Co List Office Phone: 305-809-7650
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Subdivision Name: CITY OF MIAMI SOUTH
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Concrete, Tile, Wood
  • Living Area: 3068
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Deck, Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CITY OF MIAMI SOUTH
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-02-02-050-1050
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Gas, Hot Water, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8250

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Jan 29, 2024
Sold by
Bermudez Roberto and Bermudez Martin
Bought by
Pdpiv Llc
Seller's Agent
Wesley Ulloa
Luxe Properties
Buyer's Agent
Senia Rowley
Emerald Realty True Partners
List Price
$1,500,000
Sold Price
$915,000
Premium/Discount to List
-$585,000
-39%
Views
35
Current Estimated Value
$1,274,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,377
Avg. Annual Appreciation
25.28%
Original Mortgage
$761,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 3, 2002
Sold by
Isidro Crespo I
Bought by
Valdes Leticia

Purchase Details

Closed on
Oct 29, 1998
Sold by
Monserrat Eloina
Bought by
Crespo Isidro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
6.61%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 1998
Sold by
Berenz Celia M and Berenz Bob
Bought by
Monserrat Eloina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
6.61%
Mortgage Type
FHA
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
Pdpiv Llc $915,000 None Listed On Document
Valdes Leticia $190,000 --
Crespo Isidro $95,000 --
Monserrat Eloina $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pdpiv Llc $475,000
Open Pdpiv Llc $1,074,750
Closed Pdpiv Llc $761,000
Previous Owner Bermudez Roberto $238,220
Previous Owner Monserrat Eloina $95,500
Previous Owner Monserrat Eloina $95,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $915,000 -30.9% $298 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $1,325,000 -11.7% $432 / Sq Ft
04/05/2023 04/05/23 For Sale $1,500,000 -- $489 / 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
2024 $9,840 $304,146 -- --
2023 $9,840 $276,497 $0 $0
2022 $8,250 $252,297 $0 $0
2021 $8,132 $229,361 $0 $0
2020 $7,760 $567,535 $450,000 $117,535
2019 $6,436 $417,535 $300,000 $117,535
2018 $6,020 $417,535 $300,000 $117,535
2017 $5,903 $156,658 $0 $0
2016 $5,334 $142,417 $0 $0
2015 $4,267 $129,470 $0 $0
2014 $3,871 $117,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11366644

MIAMI REALTORS® MLS

APN: 01-0202-050-1050