NOT LISTED FOR SALE

608 SW 7th Ave Miami, FL 33130

Riverside Neighborhood

Estimated Value: $244,000 - $325,000

3 Beds
2 Baths
2,181 Sq Ft
$136/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $700,000 $321 Per Sq Ft

Current estimated payment $1,869/month

47 Days on Market

Highlights

  • Old Spanish Architecture
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • No HOA
  • Ceramic Tile Flooring
  • 5-minute walk to General Jose Francisco Morazan Quesada Park

About This Home

As of November 2021

Price reduced. Seller highly motivated! Great investor and developer opportunity! Fourplex building corner lot in Little Havana. All units are 2/1, rented month to month. Tenants have lived units for a long time and are renting below market value. All units have their own electric meter. Convenient prime location for Airbnb. Near Calle Ocho, Brickell, Marlins Stadium, shops and many restaurants. Please do not disturb tenants.

Last Agent to Sell the Property

Angel Pena

MMLS Assoc.-Inactive Member License #3330530 Listed on: 08/27/2021

Last Buyer's Agent

Andrew Jorge

Miami Top Inc. License #3266558

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,157

Year Built

  • Built in 1946

Lot Details

  • 3,049

Home Design

  • Quadruplex
  • Old Spanish Architecture
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,181 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Druid Court Sub Condos
  • Druid Court Sub,Druid Court Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 01-41-38-050-0200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,157

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1946
  • Property Sub Type: Quadruplex
  • Architectural Style: Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: DRUID COURT SUB,DRUID COURT
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Yn: No
  • Flooring: Ceramic Floor
  • Living Area: 2181
  • Possible Use: Investment
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Park Building Name: DRUID COURT SUB

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-38-050-0200
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6157

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2015
Sold by
Ferbone Llc
Bought by
Itacua Llc
Total Days on Market
47
Current Estimated Value
$296,681

Purchase Details

Closed on
Dec 29, 2014
Sold by
Sun Beam Community Development Corp
Bought by
Ferbone Llc

Purchase Details

Closed on
Jul 8, 2014
Sold by
Hernandez Jorge M and Hernandez Maria E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 22, 2006
Sold by
Grec Homes V Llc
Bought by
Hernandez Jorge M and Hernandez Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
6.57%
Mortgage Type
Balloon
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 Buyer Sale Price Title Company
Itacua Llc $98,000 Ewf Title Llc
Ferbone Llc $85,000 Executive Title & Escrow Co
Sunbeam Community Development Corporatio $74,900 Reo Title Company Of Fl Llc
Federal National Mortgage Association $154,938 Dataquick Title
Hernandez Jorge M $202,200 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Jorge M $168,000
Previous Owner Hernandez Jorge M $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $700,000 -11.4% $321 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
09/09/2021 09/09/21 Price Changed $790,000 -12.1% $362 / Sq Ft
08/27/2021 08/27/21 For Sale $899,000 -- $412 / 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
2024 $3,525 $163,979 -- --
2023 $3,525 $149,072 $0 $0
2022 $3,120 $135,520 $0 $0
2021 $2,830 $123,200 $0 $0
2020 $2,579 $112,000 $0 $0
2019 $2,572 $112,000 $0 $0
2018 $2,332 $107,000 $0 $0
2017 $2,142 $92,796 $0 $0
2016 $1,953 $84,360 $0 $0
2015 $1,613 $68,580 $0 $0
2014 $1,325 $53,191 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Angel Pena

    MMLS Assoc.-Inactive Member

    (305) 707-4546

    Section Image

  • A

    Buyer's Agent in 2021

    Andrew Jorge

    Miami Top Inc.

    (786) 344-7874

    1 in this area

    15 Total Sales

    Andrew Jorge
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11090121

MIAMI REALTORS® MLS

APN: 16-7825-020-0230

Florida Miami/Dade County Miami 33130 Riverside

608 SW 7th Ave, Miami, FL

This home is located at 608 SW 7th Ave, Miami, FL 33130 since 27 August 2021 and is currently estimated at $296,681, approximately $136 per square foot. This property was built in 1946. 608 SW 7th Ave is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

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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