NOT LISTED FOR SALE

55 NE 69th St Miami, FL 33138

Little River Neighborhood

Estimated Value: $532,281 - $669,000

2 Beds
1 Bath
830 Sq Ft
$696/Sq Ft Est. Value

Sale Details

Date Sold: April 3, 2020

Last sale price $345,000 $416 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,805 / mo

112 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Reverse Cycle Heating System

About This Home

As of April 2020

Great investment opportunity in one of Miami’s hottest neighborhoods. Turnkey triplex, mostly updated, fully leased with an over 9% cap rate. (3/1, 2/1, 1/1) Producing $4,055 in monthly rental income. Don’t miss this opportunity as they are becoming further and fewer between. Very near the future Billion dollar “Magic City” Development. Showings will be conducted after an offer is accepted. Please do not disturb the tenants. Expenses at bottom of listing.

Last Agent to Sell the Property

Donald Wilson

Willis Wilson & Associates License #3243197 Listed on: 11/20/2019

Co-Listed By

William Willis

Willis Wilson & Associates License #0609866

Last Buyer's Agent

Milton Andrade

Compass Florida, LLC License #3031564

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,906

Year Built

  • Built in 1938

Lot Details

  • Property is zoned 5700

Parking

  • 3 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 830 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Reverse Cycle Heating System

Listing and Financial Details

  • Total Actual Rent $48,660
  • Rent includes electricity, hot water, sewer, trash collection, water
  • Assessor Parcel Number 01-31-13-009-0710

Community Details

Overview

  • No Home Owners Association
  • Fairway Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,906

Year Built

Built in 1938

Lot Details

6,752 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1938
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Co List Office Mls Id: WLSW01
  • Co List Office Phone: 305-335-5722
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: FAIRWAY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 830
  • Possible Use: Investment
  • Stories: 1

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: FAIRWAY
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Reverse Cycle Unit
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-13-009-0710
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Hot Water, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 37039
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 11621
  • Total Actual Rent: 48660

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2906

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Apr 3, 2020
Sold by
Bought by
Seller's Agent
Donald Wilson
Willis Wilson & Associates
Buyer's Agent
Milton Andrade
Compass Florida, LLC
List Price
$399,000
Sold Price
$345,000
Premium/Discount to List
-$54,000
-13.53%
Current Estimated Value
$577,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,320
Avg. Annual Appreciation
8.50%
Original Mortgage
$258,750
Interest Rate
0.034%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2016
Closed on
Nov 2, 2016
Sold by
Bought by
Seller's Agent
Anish Dave
Charles Rutenberg Realty FTL
Buyer's Agent
Eliana Gutierrez Dave
Charles Rutenberg Realty FTL
List Price
$114,900
Sold Price
$90,250
Premium/Discount to List
-$24,650
-21.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.67%
Original Mortgage
$95,000
Interest Rate
0.0342%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jul 18, 2016
Closed on
Oct 27, 2016
Sold by
Bought by
Seller's Agent
Anish Dave
Charles Rutenberg Realty FTL
Buyer's Agent
Eliana Gutierrez Dave
Charles Rutenberg Realty FTL
List Price
$114,900
Sold Price
$90,250
Premium/Discount to List
-$24,650
-21.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
0.0342%
Mortgage Type
Stand Alone Second
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$345,000 Florida Ttl Professionals In
$109,000 Best Beach Title Llc
$90,300 Best Beach Title Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $258,750
Previous Owner $95,000
Previous Owner $195,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2020 04/03/20 Sold $345,000 -5.5% $416 / Sq Ft
01/20/2020 01/20/20 Price Changed $365,000 -8.5% $440 / Sq Ft
11/19/2019 11/19/19 For Sale $399,000 0.0% $481 / Sq Ft
12/01/2017 12/01/17 Rented $1,800 +9.1% --
11/27/2017 11/27/17 Under Contract -- -- --
11/07/2017 11/07/17 Price Changed $1,650 -5.7% $1 / Sq Ft
10/21/2017 10/21/17 For Rent $1,750 0.0% --
10/27/2016 10/27/16 Sold $90,250 -21.5% $109 / Sq Ft View Prior Sale
10/11/2016 10/11/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $114,900 0.0% $138 / Sq Ft
09/15/2016 09/15/16 Price Changed $114,900 +77.0% $138 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $64,900 -- $78 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,904 $378,216
2024 $7,417 $343,833
2023 $7,417 $312,576 $0 $0
2022 $6,613 $284,160 $0 $0
2021 $5,869 $258,328 $126,340 $131,988
2020 $3,186 $138,720 $101,277 $37,443
2019 $3,027 $138,757 $101,277 $37,480
2018 $2,640 $111,927 $83,374 $28,553
2017 $2,421 $96,354 $0 $0
2016 $576 $34,000 $0 $0
2015 $575 $33,764 $0 $0
2014 $573 $33,497 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donald Wilson

    Seller's Agent in 2020

    Donald Wilson

    Willis Wilson & Associates

    (305) 335-5722

    1 in this area

    44 Total Sales

    Donald Wilson
    Section Image
  • William Willis

    Seller Co-Listing Agent in 2020

    William Willis

    Willis Wilson & Associates

    (305) 335-5722

    3 in this area

    52 Total Sales

    William Willis
    Section Image
  • Milton Andrade

    Buyer's Agent in 2020

    Milton Andrade

    Compass Florida, LLC

    (954) 629-9952

    109 Total Sales

    Milton Andrade
    Section Image

  • R

    Seller's Agent in 2017

    Robert Baker

    MMLS Assoc.-Inactive Member

  • Adi Zilberberg

    Buyer's Agent in 2017

    Adi Zilberberg

    Gary Hennes Realtors

    (305) 209-5017

    1 in this area

    45 Total Sales

    Adi Zilberberg
    Section Image

  • A

    Seller's Agent in 2016

    Anish Dave

    Charles Rutenberg Realty FTL

    (954) 396-3001

    32 Total Sales

    Anish Dave
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10776069

MIAMI REALTORS® MLS

APN: 01-3113-009-0710

Florida Miami/Dade County Miami 33138 Little River

55 NE 69th St, Miami, FL

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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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