NOT LISTED FOR SALE

Estimated Value: $844,098 - $1,055,000

5 Beds
3 Baths
1,978 Sq Ft
$480/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $940,000 $475 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,185/month

139 Days on Market

About This Home

As of December 2023

Great AirBNB INVESTMENT OPPORTUNITY IN THE HEART OF MIAMI'S TRENDY MiMo (Miami Modern District). This duplex offers 3 spacious units: Two of them are 2 bedroom, 1 bathroom apartments, featuring a foyer, a separate living and family, and a private kitchen. The third unit is a studio with its private bathroom and kitchen, that can be rented separated or could be easily converted into the third bedroom for the first floor unit. This is a beautiful lot fully fenced featuring a nice cozy green backyard with a tiki hut and a mango tree that gives a nice vibe and added value of feeling relax at home. This income producing property offers endless possibilities for long or short term rentals. Prime Location on 70th street, close to the most vibrant area of Biscayne Boulevard. NO HOA

Last Agent to Sell the Property

Ana Teresa Rodriguez

Coldwell Banker Realty License #3219652 Listed on: 06/15/2023

Coldwell Banker Realty

Co-Listed By

Morten Aagaard

Coldwell Banker Realty License #3476663

Last Buyer's Agent

Nadia Kernytska

Wolsen Real Estate Inc License #3277565

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,652

Year Built

  • Built in 1936

Lot Details

  • 5,097

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,978 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-004-0610

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Baywood Condos
  • Baywood,Mimo District Subdivision

Building Details

  • Operating Expense $14,752

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,652

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1936
  • Property Sub Type: Duplex
  • Architectural Style: Detached, Other
  • Co List Office Mls Id: CBRE52
  • Co List Office Phone: 305-667-4815
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: BAYWOOD,mimo district
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Yn: No
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1978
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAYWOOD
  • Total Parking Spaces: 3

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-18-004-0610
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4652

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 14752

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Laursen Henrik and Kim Laureen
Bought by
Revocable Real Estate Trust and Hartvig-Laursen
Current Estimated Value
$950,275

Purchase Details

Closed on
Oct 8, 2004
Sold by
Diaz Lazaro J
Bought by
Laursen Henrik and Laursen Kim Laureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2004
Sold by
Innovative Asset Management Inc
Bought by
White Cloud Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2004
Sold by
White Cloud Properties Llc
Bought by
Diaz Lazaro J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2000
Sold by
Sec Of Hud
Bought by
Cozier Christian

Purchase Details

Closed on
May 22, 2000
Sold by
North American Mortgage Co
Bought by
Sec Of Hud

Purchase Details

Closed on
Apr 18, 2000
Sold by
Clerk Of The Court
Bought by
North American Mortgage Co

Purchase Details

Closed on
Dec 31, 1998
Sold by
Romont Management Group Co
Bought by
Charles Keltie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,877
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 1998
Sold by
Andre and Toussaint Gisele
Bought by
Romont Management Group Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,877
Interest Rate
6.87%
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
Revocable Real Estate Trust $128,000 None Listed On Document
Laursen Henrik -- --
White Cloud Properties Llc -- --
Diaz Lazaro J $270,000 --
Cozier Christian $57,600 --
Sec Of Hud $100 --
North American Mortgage Co $100 --
Charles Keltie $115,000 --
Romont Management Group Co $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laursen Henrik $322,000
Previous Owner Laursen Henrik $233,350
Previous Owner Hartvig Laursen Henrik $150,000
Previous Owner Laursen Henrik $276,000
Previous Owner Diaz Lazaro J $243,000
Previous Owner Romont Management Group Co $100,000
Previous Owner Romont Management Group Co $57,500
Previous Owner Romont Management Group Co $114,877
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $940,000 -14.2% $475 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
07/21/2023 07/21/23 Price Changed $1,095,000 -7.6% $554 / Sq Ft
06/15/2023 06/15/23 For Sale $1,185,000 -- $599 / 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 $12,202 $628,280 -- --
2024 $6,858 $571,164 $356,997 $214,167
2023 $6,858 $188,385 $0 $0
2022 $5,412 $169,947 $0 $0
2021 $5,116 $154,498 $0 $0
2020 $4,710 $274,951 $196,219 $78,732
2019 $4,394 $254,773 $178,499 $76,274
2018 $4,243 $272,220 $195,354 $76,866
2017 $3,753 $105,526 $0 $0
2016 $3,543 $95,933 $0 $0
2015 $3,385 $87,212 $0 $0
2014 $2,763 $79,284 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11395347

MIAMI REALTORS® MLS

APN: 01-3218-004-0610