$400,000
SOLD SEP 11, 2025
3 Beds
2 Baths
1,315 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$304 Per Sq Ft

43% Below List Price

167 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Family Room
  • Morningside K-8 Academy Rated 9+
  • Central Heating and Cooling System
  • East Facing Home

About This Home

As of September 2025

Exceptional Opportunity – Priced to Sell!
This is the lowest-priced property in the neighborhood, offering a rare chance to build equity from the ground up. While the home requires a full renovation, it features a solid structure and unbeatable location—just steps from Biscayne Boulevard's vibrant shops and only minutes from Downtown and Wynwood.
Set on a generously sized lot, the property provides limitless potential for outdoor living, landscaping, or future expansion. The surrounding community is energetic and well-established, making this the perfect canvas for your dream home or next investment project.
Seller is highly motivated – Cash offers only.
Please note: Seller requests the use of their preferred escrow agent for closing.

Last Agent to Sell the Property

Stephania Charles

LoKation Brokerage Phone: 305-588-4992 License #3194078 Listed on: 03/27/2025

LoKation

Last Buyer's Agent

Helen Orukotan

Element Real Estate Group License #3450202

Element Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 7,250 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0104

Home Design

  • Split Level Home
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,315 Sq Ft Home
  • Family Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Federal Way Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-07-040-1640

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

7,250 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1939
  • Ownership: Partnership
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Split Level
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: FEDERAL WAY AMD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Attribution Contact: 305-588-4992
  • LastStatus: Pending
  • CurrentPrice: 400000
  • InternetRemarks: Yes
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1315
  • Other Equipment: No Equipment
  • Possible Use: Investment
  • Bedroom Features: Entry Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FEDERAL WAY AMD
  • Open Parking: Yes
  • Parking Features: Additional Spaces Available, Driveway, On Street

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-07-040-1640
  • Lot Size Sq Ft: 7250
  • Zoning: 0104

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12519

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
Sep 11, 2025
Sold by
Lopez Isaac
Bought by
Chandran Sanjay and Natarajan Sapna
Seller's Agent
Stephania Charles
LoKation
Buyer's Agent
Helen Orukotan
Element Real Estate Group
List Price
$698,000
Sold Price
$400,000
Premium/Discount to List
-$298,000
-42.69%
Views
50
Current Estimated Value
$497,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,848
Avg. Annual Appreciation
49.97%

Purchase Details

Closed on
Apr 6, 2021
Sold by
Lopez Jairo
Bought by
Lopez Isaac

Purchase Details

Closed on
Jul 8, 2014
Sold by
Lopez Isaac
Bought by
Lopez Jairo

Purchase Details

Closed on
Feb 26, 2014
Sold by
Velasquez Irma
Bought by
Lopez Jairo and Lopez Isaac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $400,000 None Listed On Document
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer $44,600 None Available
Quit Claim Deed $10,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 Sold $400,000 -27.3% $304 / Sq Ft
09/10/2025 09/10/25 Pending -- -- --
08/14/2025 08/14/25 Price Changed $550,000 -3.5% $418 / Sq Ft
07/27/2025 07/27/25 Price Changed $570,000 -4.8% $433 / Sq Ft
06/23/2025 06/23/25 Price Changed $599,000 -3.4% $456 / Sq Ft
06/10/2025 06/10/25 Price Changed $619,900 -4.6% $471 / Sq Ft
06/02/2025 06/02/25 Price Changed $649,900 -6.4% $494 / Sq Ft
05/21/2025 05/21/25 Price Changed $694,000 -0.6% $528 / Sq Ft
03/27/2025 03/27/25 For Sale $698,000 -- $531 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $12,519 $612,627 -- --
2024 $11,538 $556,934 -- --
2023 $11,538 $506,304 $0 $0
2022 $10,249 $460,277 $369,761 $90,516
2021 $8,297 $336,026 $0 $0
2020 $7,019 $293,866 $239,011 $54,855
2019 $6,931 $293,888 $239,011 $54,877
2018 $6,323 $276,127 $221,229 $54,898
2017 $5,951 $236,947 $0 $0
2016 $5,475 $215,407 $0 $0
2015 $5,114 $195,825 $0 $0
2014 $1,391 $57,971 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11772452

MIAMI REALTORS® MLS

APN: 01-3207-040-1640

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