NOT LISTED FOR SALE

5905 NW 3rd Ave Miami, FL 33127

Little Haiti Neighborhood

Estimated Value: $526,000 - $748,000

2 Beds
2 Baths
2,059 Sq Ft
$303/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2016

Last sale price $287,500 $140 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,123 / mo

208 Days on Market

About This Home

As of March 2016

6 bed 6 bath Multifamily property. Great investment opportunity. 3 units recently renovated (Legal Duplex). Turnkey property with 100% occupancy. Excellent location, minutes to Design District, Wynwood, Midtown and MIMO. Miami's most up and coming neighborhood. Income of $3500 per month, with Cap Rate of 12% !! Your chance to live in the heart of Miami or Start collecting $3500 p/m Immediately!! Perfectly situated to major roads and commercial districts, with a highly desirable 12% CAP Rate.

Last Agent to Sell the Property

Sharif Bula

Eleventrust LLC License #3057657 Listed on: 08/12/2015

Last Buyer's Agent

Carlos Rojas

Miami Riches License #3039909

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1948

Lot Details

  • 5,663

Parking

  • 3 Parking Spaces

Home Design

  • 2,059 Sq Ft Home
  • Triplex
  • Concrete Block And Stucco Construction

Additional Features

  • Lot Dimensions are 5000x116
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • College Park Condos
  • College Park Subdivision

Listing and Financial Details

  • Rent includes rent incl, water
  • Assessor Parcel Number 01-31-13-030-0570

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,380

Year Built

Built in 1948

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Triplex
  • Architectural Style: Attached
  • Horses: No
  • Lot Size: 5000x116
  • New Construction: No
  • Structure Type: Triplex
  • Subdivision Name: COLLEGE PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Flooring: Other
  • Living Area: 2059
  • Possible Use: Investment

Exterior Features

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

Garage/Parking

  • Park Building Name: COLLEGE PARK
  • Total Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-13-030-0570
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl, Water

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1380

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2015
Closed on
Mar 23, 2016
Sold by
Bought by
Seller's Agent
Sharif Bula
Eleventrust LLC
Buyer's Agent
Carlos Rojas
Miami Riches
List Price
$299,000
Sold Price
$287,500
Premium/Discount to List
-$11,500
-3.85%
Current Estimated Value
$623,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,718
Avg. Annual Appreciation
7.76%

Purchase Details

Listed on
Dec 8, 2014
Closed on
Feb 20, 2015
Sold by
Bought by
Seller's Agent
Karen Kafin
MMLS Assoc.-Inactive Member
Buyer's Agent
David Franza
MMLS Assoc.-Inactive Member
List Price
$114,900
Sold Price
$104,900
Premium/Discount to List
-$10,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
161.22%
Original Mortgage
$100,000
Interest Rate
0.0377%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 20, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 18, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 14, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
0.0649%
Mortgage Type
Unknown

Purchase Details

Closed on
May 25, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
0.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 1, 2006
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 20, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,703
Interest Rate
0.0823%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$287,500 Attorney
$104,900 Attorney
-- Attorney
$71,100 None Available
$330,000 None Available
$165,000 Lawyers Advantage Title Grou
-- None Available
-- --
$80,000 --
$189,000 --
$110,000 --
$67,000 --
$100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $100,000
Previous Owner $264,000
Previous Owner $120,000
Previous Owner $17,109
Previous Owner $5,703
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2016 03/29/16 Sold $287,500 +23858.3% $140 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
12/28/2015 12/28/15 Rented $1,200 0.0% --
12/21/2015 12/21/15 Under Contract -- -- --
12/14/2015 12/14/15 For Rent $1,200 -25.0% --
11/28/2015 11/28/15 Rented $1,600 0.0% --
11/28/2015 11/28/15 For Rent $1,600 0.0% --
08/12/2015 08/12/15 For Sale $299,000 +185.0% $145 / Sq Ft
03/11/2015 03/11/15 Sold $104,900 -8.7% $51 / Sq Ft View Prior Sale
02/04/2015 02/04/15 Pending -- -- --
12/08/2014 12/08/14 For Sale $114,900 -- $56 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,411 $390,372
2024 $7,955 $354,884
2023 $7,955 $322,622 $0 $0
2022 $7,141 $293,293 $0 $0
2021 $6,425 $277,204 $0 $0
2020 $6,127 $252,004 $90,610 $161,394
2019 $5,985 $244,793 $81,122 $163,671
2018 $5,776 $239,481 $73,532 $165,949
2017 $5,558 $226,493 $0 $0
2016 $2,690 $88,410 $0 $0
2015 $2,458 $76,378 $0 $0
2014 $1,381 $56,735 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharif Bula

    Seller's Agent in 2016

    Sharif Bula

    Eleventrust LLC

    (305) 390-8212

    27 Total Sales

    Sharif Bula
    Section Image

  • C

    Buyer's Agent in 2016

    Carlos Rojas

    Miami Riches

    (352) 262-9109

    54 Total Sales

    Carlos Rojas
    Section Image

  • K

    Seller's Agent in 2015

    Karen Kafin

    MMLS Assoc.-Inactive Member

    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Jennifer Bienstock

    MMLS Assoc.-Inactive Member

    Section Image

  • D

    Buyer's Agent in 2015

    David Franza

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2158719

MIAMI REALTORS® MLS

APN: 01-3113-030-0570

Florida Miami/Dade County Miami 33127 Little Haiti

5905 NW 3rd Ave, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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