NOT LISTED FOR SALE

Estimated Value: $1,226,652 - $1,754,000

3 Beds
1 Bath
200 Sq Ft
$7,436/Sq Ft Est. Value

Highlights

  • Garden View
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • No HOA
  • Patio
  • South Facing Home

About This Home

As of August 2018

Micro unit studio in desirable Wynwood location, just a few blocks from numerous shopping, dining, and entertainment destinations in the Wynwood Arts District and just minutes from Midtown, The Design District and I-95. Studio intended for one person only. Electricity and water included. Fast approvals.

Last Agent to Rent the Property

Ricardo iriarte

Florida New Dream Corp. License #3334849 Listed on: 06/21/2018

Co-Listed By

Ivan Ramirez

Pristine Property Management License #3326029

Last Renter's Agent

Ivan Ramirez

Pristine Property Management License #3326029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,513

Year Built

  • Built in 1926

Lot Details

  • 6,525 Sq Ft Lot
  • South Facing Home

Home Design

  • Entry on the 1st floor
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Full Bathroom
  • 200 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Garden Views

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Property Available on 6/25/18
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 01-31-25-020-0070

Community Details

Overview

  • No Home Owners Association
  • Devonshire Park Sub Condos
  • Devonshire Park Sub Subdivision

Pet Policy

  • Pets Allowed: No
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,513

Year Built

Built in 1926

Lot Details

0

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions
  • Available Date: 2018-06-25
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1926
  • Property Sub Type: Multi Family
  • Architectural Style: First Floor Entry
  • Co List Office Mls Id: PPYM01
  • Co List Office Phone: 305-400-4842
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Apartments-Annual, Multi Family
  • Subdivision Name: DEVONSHIRE PARK SUB
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 200
  • Stories: 1

Exterior Features

  • Roof: Flat Roof With Facade Front
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: DEVONSHIRE PARK SUB
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-25-020-0070
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 6525
  • Zoning: 3901
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Ragat Llc
Bought by
Mpw Holdings Ii Llc and Mcft Stones Bay Llc
Current Estimated Value
$1,487,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,167,000
Outstanding Balance
$5,870,731
Interest Rate
4.99%
Mortgage Type
Construction
Estimated Equity
-$4,383,568

Purchase Details

Closed on
Nov 30, 2020
Sold by
Lopez Regina and Lopez 553 Trust
Bought by
Ragat Llc

Purchase Details

Closed on
Aug 14, 2009
Sold by
Lopez 533 T
Bought by
Ben Luis and Ben Judith Lopez

Purchase Details

Closed on
Mar 10, 2004
Sold by
Lopez Luis and Lopez Judith
Bought by
Lopez Regina

Purchase Details

Closed on
Nov 11, 2003
Sold by
Najera Judith
Bought by
Alcala Santiago
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
Mpw Holdings Ii Llc $1,504,000 None Listed On Document
Mpw Holdings Ii Llc $1,504,000 None Listed On Document
Ragat Llc $485,000 Attorney
Ben Luis $100 --
Lopez Regina -- --
Alcala Santiago -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mpw Holdings Ii Llc $6,167,000
Closed Mpw Holdings Ii Llc $6,167,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2018 08/13/18 Rented $550 +4.8% --
07/27/2018 07/27/18 Price Changed $525 -4.5% $3 / Sq Ft
07/17/2018 07/17/18 Price Changed $550 -7.6% $3 / Sq Ft
07/06/2018 07/06/18 Price Changed $595 -4.8% $3 / Sq Ft
06/19/2018 06/19/18 For Rent $625 -- --
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 $19,513 $897,187 -- --
2024 $20,003 $936,117 $815,625 $120,492
2023 $20,003 $936,117 $815,625 $120,492
2022 $10,628 $442,125 $0 $0
2021 $9,300 $401,932 $326,250 $75,682
2020 $5,990 $352,242 $293,625 $58,617
2019 $5,521 $319,642 $261,000 $58,642
2018 $4,726 $254,417 $195,750 $58,667
2017 $4,402 $144,144 $0 $0
2016 $4,333 $131,040 $0 $0
2015 $4,238 $119,128 $0 $0
2014 $1,192 $135,374 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10490200

MIAMI REALTORS® MLS

APN: 01-3125-020-0070