NOT LISTED FOR SALE
4 Beds
5 Baths
2,262 Sq Ft
1957 Built

Last Sold June 27, 2022

Last sale price $1,200,000 $531 Per Sq Ft

81 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Laundry Facilities
  • Morningside K-8 Academy Rated 9+
  • Tile Flooring
  • 5-minute walk to Legion Memorial Park

About This Home

As of June 2022

Property Hub 1 presents 571 NE 67TH ST, a turnkey investment vehicle with development opportunity located in the MiMo district neighborhood bordering Little River & Design District & steps away from the Biscayne corridor.

Sitting on a 7,200 SF lot zoned T5-L, this asset is fully renovated & permitted with approved plans for a 6 unit live-work multifamily building. Potential for higher rental income via short-term strategies i.e. corporate rentals / Airbnb.

The MiMo District is situated between Little River to the west, Design District to the south, and Shorecrest to the north.

Last Agent to Sell the Property

Josue Martinez

Lyfe Realty Group License #3353188 Listed on: 04/06/2022

Last Buyer's Agent

Adriana Molina

Ganesha Realty, Inc. License #3524534

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,100

Year Built

  • Built in 1957

Lot Details

  • Fenced
  • Property is zoned 6107

Parking

  • 6 Parking Spaces

Home Design

  • Substantially Remodeled
  • Concrete Roof

Interior Spaces

  • 2,262 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $94,800
  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 01-32-18-023-0660

Community Details

Overview

  • No Home Owners Association
  • Morningside Amd Subdivision

Amenities

  • Laundry Facilities

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,100

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: MORNINGSIDE AMD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2262
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Concrete
  • Exterior Features: Exterior Lights
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Completely Renovated, Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MORNINGSIDE AMD
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-18-023-0660
  • Zoning: 6107
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 80700
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 14100
  • Total Actual Rent: 94800

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 14100

Range of Values:

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Sold Price
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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
06/27/2022 06/27/22 Sold $1,200,000 -20.0% $531 / Sq Ft
06/01/2022 06/01/22 Price Changed $1,500,000 -14.3% $663 / Sq Ft
04/29/2022 04/29/22 Price Changed $1,750,000 -10.7% $774 / Sq Ft
04/06/2022 04/06/22 For Sale $1,960,000 0.0% $866 / Sq Ft
09/19/2016 09/19/16 Rented $1,299 0.0% --
08/23/2016 08/23/16 Price Changed $1,299 -13.4% $2 / Sq Ft
08/23/2016 08/23/16 Rented $1,500 -1.6% --
08/10/2016 08/10/16 For Rent $1,525 +15.1% --
07/19/2016 07/19/16 Price Changed $1,325 -1.9% $2 / Sq Ft
06/01/2016 06/01/16 For Rent $1,350 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11185468

MIAMI REALTORS® MLS