NOT LISTED FOR SALE

Estimated Value: $611,320 - $898,000

5 Beds
3 Baths
2,920 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $360,000 $123 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,812/month

127 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2019

Prime location, great opportunity with lots of upside potential. Property size is almost a half acre (22,000 +/-) with 3 separate meters, but can accomodate 4 units. Plenty of parking, needs some TLC, tenants are on a month to month basis, only 2 of the units are currently rented, the 3rd needs improvement before being utilized.
Seller wants $350,000 firm, buyer will need to see the upside potential on this property, as the current ROI is skewed. Could rent for $1600, $900, $800 = $2490
3 septic tanks as per the seller
Please DO NOT DISTURB RESIDENTS. Seller seeking a future-oriented committed buyer who can see the development potential for this diamond in the rough.

Last Agent to Sell the Property

Maxine Robbins

The Keyes Company License #0406356 Listed on: 10/25/2018

The Keyes Company

Last Buyer's Agent

Angiolina Ayvar

Real Estate Empire Group, Inc. License #3342937

Real Estate Empire Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,135

Year Built

  • Built in 1953

Lot Details

  • 0.52

Parking

  • 10 Parking Spaces

Home Design

  • Triplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,920 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • Hollywood Country Estates Condos
  • Hollywood Country Estates Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 514112101200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,135

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Property Sub Type: Triplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: HOLLYWOOD COUNTRY ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 2920
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD COUNTRY ESTATES
  • Total Parking Spaces: 10

Utilities

  • Sewer: Septic Tank
  • Cooling: Other, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514112101200
  • Zoning: Multi Fam Res
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 8135

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2018
Closed on
May 22, 2019
Sold by
Vivieca Jose
Bought by
Pilco Investments Inc
Seller's Agent
Maxine Robbins
The Keyes Company
Buyer's Agent
Angiolina Ayvar
Real Estate Empire Group, Inc.
List Price
$390,000
Sold Price
$360,000
Premium/Discount to List
-$30,000
-7.69%
Current Estimated Value
$726,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,330
Avg. Annual Appreciation
10.00%

Purchase Details

Closed on
Jun 28, 2004
Sold by
Khaleel Abdool Z and Khaleel Celia
Bought by
Vivieca Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2002
Sold by
Schaut Raymond E
Bought by
Khaleel Abdool Z and Khaleel Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,300
Interest Rate
6.62%
Mortgage Type
Commercial
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
Pilco Investments Inc $360,000 Attorney
Vivieca Jose $267,000 Townlakes Title Inc
Khaleel Abdool Z $178,000 Traditional Title Company In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Piloc Investment Inc $20,000
Previous Owner Vivieca Jose $340,000
Previous Owner Vivieca Jose $213,600
Previous Owner Vivieca Jose $53,400
Previous Owner Khaleel Abdool Z $151,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $360,000 -7.7% $123 / Sq Ft
10/25/2018 10/25/18 For Sale $390,000 -- $134 / 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 $10,624 $473,690 $134,980 $320,040
2024 $10,033 $455,020 $134,980 $320,040
2023 $10,033 $391,490 $0 $0
2022 $9,173 $355,900 $0 $0
2021 $8,043 $323,550 $134,980 $188,570
2020 $7,750 $311,060 $134,980 $176,080
2019 $9,222 $360,230 $134,980 $225,250
2018 $9,146 $379,950 $134,980 $244,970
2017 $8,135 $326,740 $0 $0
2016 $7,640 $297,040 $0 $0
2015 $7,021 $270,040 $0 $0
2014 $6,648 $249,040 $0 $0
2013 -- $236,270 $134,980 $101,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10560846

MIAMI REALTORS® MLS

APN: 51-41-12-10-1200