NOT LISTED FOR SALE
-- Bed
-- Bath
12,060 Sq Ft
2015 Built

Sale Details

Date Sold: December 5, 2019

Last sale price $2,920,000 $242 Per Sq Ft

346 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 4-minute walk to Legion Memorial Park
  • Morningside K-8 Academy Rated 9+
  • Central Heating and Cooling System

About This Home

As of December 2019

CITY SMART AND TRENDY Morningside, an enclave on Miami's upper east side, a rare opportunity to purchase a 2015 building. STROLL TO EVERYTHING! retails, supermarket, restaurants, banks and all other city conveniences. A total of 10 very spacious units (9 2/2's and 1 1/1.5) currently grossing $230,613 with a NOI of over $130K. Fresh and contemporary look building.

Last Agent to Sell the Property

Jose Cueva

TS International Realty License #3036752 Listed on: 09/20/2018

Last Buyer's Agent

Jose Cueva

TS International Realty License #3036752 Listed on: 09/20/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $36,649

Year Built

  • Built in 2015

Parking

  • 12 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 12,060 Sq Ft Home
  • Blinds
  • Ceramic Tile Flooring

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $230,613
  • Rent includes gardener, pest control, sewer, trash collection
  • Assessor Parcel Number 01-32-18-023-1040

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Morningside Amd Condos
  • Morningside Amd,Allegro Life Subdivision
  • 6-Story Property

Building Details

  • Operating Expense $100,319
  • Net Operating Income $130,293

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$36,649

Year Built

Built in 2015

Listing Details

  • Property Type: Residential Income
  • Year Built: 2015
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Directions: Biscayne Blvd to NE 66ST, building will be on your left.
  • Horses: No
  • New Construction: No
  • Building Stories: 6
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: MORNINGSIDE AMD,Allegro Life
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Interior Amenities: Elevator
  • Flooring: Ceramic Floor
  • Living Area: 12060
  • Possible Use: Investment
  • Stories: 6
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Park Building Name: MORNINGSIDE AMD
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-18-023-1040
  • Zoning: 6107
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control, Sewer, Trash Collection

Multi Family

  • Net Operating Income: 130293
  • Number Of Units In Community: 2
  • Number Of Units Total: 10
  • Annual Operating Expense: 100319
  • Total Actual Rent: 230613

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 36649
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2019 12/05/19 Sold $2,920,000 -11.5% $242 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
09/20/2018 09/20/18 For Sale $3,299,000 -- $274 / 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 $44,694 $2,454,100 -- --
2024 $47,280 $2,231,000 $726,000 $1,505,000
2023 $47,280 $2,113,407 $726,000 $1,387,407
2022 $43,910 $2,130,000 $580,800 $1,549,200
2021 $42,281 $1,990,000 $580,800 $1,409,200
2020 $44,108 $2,071,000 $580,800 $1,490,200
2019 $41,549 $1,954,000 $544,500 $1,409,500
2018 $36,990 $1,766,000 $544,500 $1,221,500
2017 $36,649 $1,730,000 $0 $0
2016 $36,580 $1,676,000 $0 $0
2015 $3,896 $114,942 $0 $0
2014 $2,931 $104,493 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10541159

MIAMI REALTORS® MLS
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