NOT LISTED FOR SALE

6004 NW 38th St Virginia Gardens, FL 33166

Estimated Value: $827,000 - $1,024,000

5 Beds
3 Baths
2,343 Sq Ft
$387/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $720,000 $307 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,874/month

54 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA

About This Home

As of April 2022

Opportunity to own rental units. This income producing Virginia Gardens duplex is truly a rare find. Zoned multifamily, the property features 2 units with a total of 5 bedrooms, 3 bathrooms, and 2,417 sq ft. The first unit is a 3 bedroom, 2-bathroom area with nice space throughout. The second unit is a 2-bedroom, 1 bathroom area. The property is in very good shape and ideally located.

Last Agent to Sell the Property

Carlos Leonard

The Leonard Real Estate Group License #0401627 Listed on: 02/22/2022

Co-Listed By

Sean Pascale

The Leonard Real Estate Group License #3326620

Last Buyer's Agent

Magda Arturo

Real Estate Empire Group, Inc. License #3361774

Real Estate Empire Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,384

Year Built

  • Built in 1977

Lot Details

  • 7,013

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Flat Tile Roof

Interior Spaces

  • 2,343 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Drake Estates Condos
  • Drake Estates Subdivision

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 26-30-25-024-0010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,384

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1977
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Co List Office Mls Id: LREG01
  • Co List Office Phone: 305-726-8416
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: DRAKE ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Wood
  • Living Area: 2343
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DRAKE ESTATES
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • 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: 26-30-25-024-0010
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7384

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 1998
Sold by
Bain William J
Bought by
Bain Larry C
Current Estimated Value
$896,595

Purchase Details

Closed on
Feb 9, 1996
Sold by
O'Clair Arnold W and O'Clair Nancy P
Bought by
Bain Larry C and Bain William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,836
Interest Rate
7.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Bain Larry C $77,000 --
Bain Larry C $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bain Larry C $182,700
Closed Bain Larry C $70,000
Previous Owner Bain Larry C $112,836
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $720,000 0.0% $307 / Sq Ft
02/22/2022 02/22/22 For Sale $720,000 -- $307 / 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 $11,579 $614,409 $339,888 $274,521
2024 $10,628 $582,150 $315,360 $266,790
2023 $10,628 $531,547 $262,800 $268,747
2022 $8,137 $394,749 $0 $0
2021 $7,384 $358,863 $182,208 $176,655
2020 $7,177 $346,246 $168,192 $178,054
2019 $7,258 $347,644 $168,192 $179,452
2018 $6,486 $317,357 $145,766 $171,591
2017 $6,215 $299,765 $0 $0
2016 $6,071 $284,810 $0 $0
2015 $5,591 $258,919 $0 $0
2014 $5,149 $235,381 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11159095

MIAMI REALTORS® MLS

APN: 26-3025-024-0010