NOT LISTED FOR SALE

531 NW 35th Ave Miami, FL 33125

West Flagler Neighborhood

Estimated Value: $650,897 - $989,000

4 Beds
2 Baths
2,584 Sq Ft
$330/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $390,000 $151 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,501/month

107 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2018

Split level duplex centrally located near Coral Gables boasting a 3/2 on the first floor & 2/2 + den on the second with 2,500+/sf of living area. Separate electric & water meters, newly installed water heaters, main roof was replaced in 2006 and flat roof in the rear in 2015. Each unit has it's own laundry room inside unit. Large backyard with room for pool and plenty of room for parking. Easy to manage with long term tenants in place on month to month leases. Perfect for an owner occupant who wants to live in one unit and rent the other to cover expenses. Great long term investment as land is zoned T3-0.

Last Agent to Sell the Property

Andy Perez-Cervera

Compass Florida, LLC License #3254314 Listed on: 04/17/2018

Compass Florida, LLC

Last Buyer's Agent

Jeanette Guadarrama

Tropic Properties License #3402457

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,564

Year Built

  • Built in 1948

Lot Details

  • 6,011

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,584 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • Twelfth St Manors Condos
  • Twelfth St Manors Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-04-023-3810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,564

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: TWELFTH ST MANORS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 2584
  • Possible Use: Investment
  • Stories: 2

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: TWELFTH ST MANORS
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-04-023-3810
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5564

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Aug 29, 2018
Sold by
Lores Roberto and Lores Maria M
Bought by
531 Llc
Seller's Agent
Andy Perez-Cervera
Compass Florida, LLC
Buyer's Agent
Jeanette Guadarrama
Tropic Properties
List Price
$419,900
Sold Price
$390,000
Premium/Discount to List
-$29,900
-7.12%
Current Estimated Value
$852,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,724
Avg. Annual Appreciation
12.38%

Purchase Details

Closed on
Oct 4, 1993
Sold by
Hernandez Oscar Alberto and Hernandez Magaly Maria
Bought by
Lores Roberto and Lores Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

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Average Value
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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
531 Llc $390,000 All World Title Corp
Lores Roberto $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lores Roberto $100,000
Previous Owner Lores Roberto $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $390,000 -7.1% $151 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $419,900 -- $163 / 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 $10,362 $536,862 -- --
2024 $9,956 $488,057 -- --
2023 $9,956 $443,689 $0 $0
2022 $9,124 $403,354 $0 $0
2021 $8,171 $366,686 $173,988 $192,698
2020 $7,718 $344,551 $150,383 $194,168
2019 $7,555 $336,101 $150,383 $185,718
2018 $6,241 $308,195 $150,383 $157,812
2017 $5,564 $242,190 $0 $0
2016 $5,339 $220,173 $0 $0
2015 $4,871 $200,158 $0 $0
2014 $4,507 $181,962 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andy Perez-Cervera

    Seller's Agent in 2018

    Andy Perez-Cervera

    Compass Florida, LLC

    (305) 450-9133

    31 Total Sales

    Andy Perez-Cervera
    Section Image

  • J

    Buyer's Agent in 2018

    Jeanette Guadarrama

    Tropic Properties

    (305) 692-0700

    4 Total Sales

    Jeanette Guadarrama
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10453443

MIAMI REALTORS® MLS

APN: 01-4104-023-3810

Florida Miami/Dade County Miami 33125 West Flagler

531 NW 35th Ave, Miami, FL

This home is located at 531 NW 35th Ave, Miami, FL 33125 since 17 April 2018 and is currently estimated at $852,724, approximately $330 per square foot. This property was built in 1948. 531 NW 35th Ave is a home located in Miami-Dade County with nearby schools including Kensington Park Elementary School, Citrus Grove Middle School, and Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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