$630,000
SOLD NOV 8, 2024
-- Bed
-- Bath
2,075 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$304 Per Sq Ft

6% Below List Price

18 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of November 2024

Duplex with No HOA. Great investment property, current rent $5,708 USD and potential rent $6,204 USD. Everything except $36 USD is being paid by Section 8. Rents on time! Video available.
2 separate electric meters and 1 water meter.

5734 Lincoln St (Back unit- 4 bedrooms and 2 baths): rented for $3,640 USD/month to a Section 8 tenant (as of October 2024, the government pays 100% of the rent) The rent may be increased to $3,905 USD (renewal May 31, 2025). || 5736 Lincoln St (Front Unit- 2 bedrooms and 1 bath): rented for $2,068 USD/month to a Section 8 tenant (the government portion is $2,032 USD and the tenant $36 USD).
The tenant will vacate on October 31st, 2024. The potential rent in this unit is $2,299 USD.

The management company can be facilitated.
Lot 7,388 Sqft

Last Agent to Sell the Property

Denise Haeussler Leatherbee

London Foster Realty License #3401909 Listed on: 07/17/2024

London Foster Realty

Last Buyer's Agent

Maria Cardozo

Coldwell Banker Realty License #3330328

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,355

Year Built

  • Built in 1969

Parking

  • 4 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2,075 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Hollywood Beach Gardens Condos
  • Hollywood Beach Gardens Subdivision

Listing and Financial Details

  • Total Actual Rent $68,496
  • Rent includes water
  • Assessor Parcel Number 514113020920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,355

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1969
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: HOLLYWOOD BEACH GARDENS
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 2075
  • Possible Use: Primary
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: HOLLYWOOD BEACH GARDENS
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514113020920
  • Zoning: RM-9
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8355

Multi Family

  • Number Of Units In Community: 2
  • Total Actual Rent: 68496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Nov 8, 2024
Sold by
Hollywood Beach Invest Llc
Bought by
Lorenzo Ariel Chavez and Lahernandez Ludisley La
Seller's Agent
Denise Haeussler Leatherbee
London Foster Realty
Buyer's Agent
Maria Cardozo
Coldwell Banker Realty
List Price
$670,000
Sold Price
$630,000
Premium/Discount to List
-$40,000
-5.97%
Views
42
Current Estimated Value
$649,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,880
Avg. Annual Appreciation
3.00%
Original Mortgage
$465,000
Outstanding Balance
$461,316
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$184,885

Purchase Details

Closed on
Nov 22, 2021
Sold by
Lucia Marotta
Bought by
Giunta Patrick B

Purchase Details

Closed on
Oct 28, 2021
Sold by
Infande Albert Louis
Bought by
Hollywood Beach Nvest Llc

Purchase Details

Closed on
Oct 27, 2021
Sold by
Infande Albert S
Bought by
Hollywood Beach Invest Llc

Purchase Details

Closed on
Oct 26, 2021
Sold by
Avello Linda
Bought by
Hollywood Beach Invest Llc

Purchase Details

Closed on
Oct 24, 2021
Sold by
Cavatassi Sarah
Bought by
Hollywood Beach Invest Llc

Purchase Details

Closed on
Jun 27, 1997
Sold by
Marotta Lucia
Bought by
Marotta Lucia and Cadden Phyllis
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 Type Sale Price Title Company
Warranty Deed $630,000 Cooperative Title Agency
Warranty Deed $630,000 Cooperative Title Agency
Deed -- --
Warranty Deed $405,000 Quaker Title & Escrow Llc
Deed -- --
Warranty Deed -- Quaker Title And Escrow Llc
Warranty Deed -- Quaker Title And Escrow Llc
Warranty Deed -- Quaker Title And Escrow Llc
Warranty Deed -- Quaker Title And Escrow Llc
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $465,000 New Conventional
Closed $465,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $630,000 -6.0% $304 / Sq Ft
08/13/2024 08/13/24 For Sale $670,000 0.0% $323 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $670,000 +3.1% $323 / Sq Ft
07/17/2024 07/17/24 For Sale $650,000 -- $313 / 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 $9,241 $564,340 $44,330 $520,010
2024 $8,355 $444,590 $44,330 $400,260
2023 $8,355 $356,440 $0 $0
2022 $7,340 $324,040 $44,330 $279,710
2021 $3,907 $116,150 $0 $0
2020 $3,595 $253,100 $0 $0
2019 $3,352 $220,220 $0 $0
2018 $2,995 $190,170 $0 $0
2017 $2,692 $93,010 $0 $0
2016 $2,590 $88,440 $0 $0
2015 $2,414 $84,380 $0 $0
2014 $2,297 $80,690 $0 $0
2013 -- $89,810 $44,330 $45,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11615973

MIAMI REALTORS® MLS

APN: 51-41-13-02-0920