$784,900
SOLD NOV 20, 2023
-- Bed
-- Bath
2,334 Sq Ft
2008 Built

Recently Sold

$336 Per Sq Ft

9 Days on Market

Highlights

  • No HOA
  • Vinyl Flooring
  • 1-Story Property
  • Central Air
  • Heat Pump System

About This Home

As of November 2023

Turnkey solution for passive investors located in a booming area with an actual cap rate of 8.03% and a pro forma cap rate of 8.44%. 2008 built duplex completely renovated in 2023 and located within an opportunity zone. Easy to manage. One home is currently leased to Section 8 while the other is leased to a long term tenant. Renovations include: All new wood cabinets w/ quartz countertops & stainless-steel appliances and updated luxury vinyl plank flooring. Unique feature of this duplex is the buildings are detached homes appealing to single family renters which tend to pay a premium when compared to traditional duplexes. Low maintenance, impressive finishes & headache free easy to manage. Proximity to Design District, Wynwood and Edgewater has fueled the gentrification of neighborhood.

Last Agent to Sell the Property

Leonardo Delgado Jr.

Resivest Realty LLC License #3219154 Listed on: 10/11/2023

Last Buyer's Agent

todd nation

Todd Nation License #3404751

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,967

Year Built

  • Built in 2008

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,334 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Vinyl Flooring

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Total Actual Rent $76,800
  • Rent includes gardener, trash collection
  • Assessor Parcel Number 01-31-13-042-0880

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Buena Vista Gardens Condos
  • Buena Vista Gardens Subdivision

Building Details

  • Operating Expense $12,968
  • Net Operating Income $63,832

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,967

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2008
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BUENA VISTA GARDENS
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 2334
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BUENA VISTA GARDENS
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump/Reverse Cycle
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-13-042-0880
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection

Multi Family

  • Net Operating Income: 63832
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 12968
  • Total Actual Rent: 76800

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8967

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Dec 27, 2023
Sold by
Clery Brendan Michael
Bought by
Miller Investments Usa Llc
Seller's Agent
Leonardo Delgado Jr.
Resivest Realty LLC
Buyer's Agent
todd nation
Todd Nation
List Price
$784,900
Sold Price
$784,900
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%
Original Mortgage
$555,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2023
Closed on
Nov 14, 2023
Sold by
Flm Lemon City Llc
Bought by
Clery Brendan Michael
Seller's Agent
Leonardo Delgado Jr.
Resivest Realty LLC
Buyer's Agent
todd nation
Todd Nation
List Price
$784,900
Sold Price
$784,900
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
7.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2020
Sold by
Bianca House Apartments Inc
Bought by
Flm Lemon City Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,098,750
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $784,900 None Listed On Document
Warranty Deed $784,900 None Listed On Document
Warranty Deed $1,465,000 Attorney
Warranty Deed $1,465,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $555,000 New Conventional
Previous Owner $1,098,750 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $810,000 +1.3% $387 / Sq Ft
06/26/2025 06/26/25 For Sale $799,999 0.0% $382 / Sq Ft
06/09/2025 06/09/25 Off Market $799,999 -- --
06/02/2025 06/02/25 Price Changed $799,999 -5.7% $382 / Sq Ft
06/02/2025 06/02/25 Price Changed $848,000 -0.1% $405 / Sq Ft
05/28/2025 05/28/25 Price Changed $849,000 -0.1% $405 / Sq Ft
05/13/2025 05/13/25 Price Changed $849,900 -5.3% $406 / Sq Ft
05/11/2025 05/11/25 Price Changed $897,100 -9.3% $428 / Sq Ft
04/15/2025 04/15/25 For Sale $989,500 +26.1% $473 / Sq Ft
11/20/2023 11/20/23 Sold $784,900 0.0% $336 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $784,900 -- $336 / 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 $10,147 $506,792 $233,782 $273,010
2024 $8,797 $468,582 $228,080 $240,502
2023 $8,797 $367,274 $0 $0
2022 $7,929 $333,886 $0 $0
2021 $7,209 $303,533 $116,891 $186,642
2020 $5,746 $277,998 $89,236 $188,762
2019 $5,432 $270,708 $79,828 $190,880
2018 $4,983 $257,357 $72,415 $184,942
2017 $4,727 $159,308 $0 $0
2016 $4,004 $144,826 $0 $0
2015 $3,873 $131,660 $0 $0
2014 $3,531 $119,691 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11467470

MIAMI REALTORS® MLS

APN: 01-3113-042-0880