NOT LISTED FOR SALE

Estimated Value: $1,180,000 - $1,398,000

12 Beds
8 Baths
4,855 Sq Ft
$269/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $1,275,000 $263 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,260/month

161 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of January 2024

GREAT INVESTMENT OPPORTUNUTY, 8% CAP, 4 units 4/2, all Units are rented under Section 8, individual water and electric Meter, New PVC Plumbing, Coin Laundry, 40 Years Building Recertification,

Last Agent to Sell the Property

Martha Douer

Florida Realty of Miami Corp License #3226137 Listed on: 08/15/2023

Florida Realty of Miami Corp

Last Buyer's Agent

Alejandro Cruz

United Realty Group Inc License #3368040

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,947

Year Built

  • Built in 1969

Lot Details

  • 7,013

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,855 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Riverside No 2 Condos
  • Riverside No 2 Subdivision

Listing and Financial Details

  • Rent includes gardener, pest control, sewer, trash collection
  • Assessor Parcel Number 504209030060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,947

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1969
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: RIVERSIDE NO 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 4855
  • 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: RIVERSIDE NO 2
  • Total Parking Spaces: 5

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: 504209030060
  • Zoning: RM-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control, Sewer, Trash Collection

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12947

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Jan 11, 2024
Sold by
Tango-76 Group Llc
Bought by
Excelsior Property Services Llc
Seller's Agent
Martha Douer
Florida Realty of Miami Corp
Buyer's Agent
Alejandro Cruz
United Realty Group Inc
List Price
$1,300,000
Sold Price
$1,275,000
Premium/Discount to List
-$25,000
-1.92%
Views
63
Current Estimated Value
$1,304,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,299
Avg. Annual Appreciation
1.25%
Original Mortgage
$725,000
Outstanding Balance
$712,313
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$591,986

Purchase Details

Closed on
Jun 26, 2020
Sold by
Garcia Ibanez Dario F and Ibanez Lisa S
Bought by
Tango 76 Group Llc

Purchase Details

Listed on
Feb 6, 2017
Closed on
Apr 23, 2017
Sold by
Bloch Investments Llc
Bought by
Garcia Ibenez Dario Fernando and Garcia Ibenez Lisa Sofa
Seller's Agent
Eyal Halali
Gala Real Estate Services
List Price
$445,000
Sold Price
$489,000
Premium/Discount to List
$44,000
9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.11%
Original Mortgage
$339,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2015
Sold by
Bin632 Llc
Bought by
Bloch Investments Llc

Purchase Details

Closed on
Feb 23, 2011
Sold by
Najm Jamal and Najm Saquib A
Bought by
Bin632 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,400
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2010
Sold by
Fleurissant Justin and Baptiste Oneal
Bought by
Najm Jamal and Najm Saquib A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2006
Sold by
Fleurissaint Justin
Bought by
Baptiste Oneal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
7.55%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 25, 2006
Sold by
Baptiste Orilien
Bought by
Fleurissaint Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
7.55%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 17, 2004
Sold by
Cadet Hilernest
Bought by
Baptiste Orilien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,350
Interest Rate
9.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2004
Sold by
Cadet Hilernest
Bought by
Baptiste Orilien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,350
Interest Rate
9.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2003
Sold by
Sanders Laura E
Bought by
Cadet Hilernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2001
Sold by
Rosa Kenneth
Bought by
Sanders Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,115
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2000
Sold by
Blackburn Wayne W
Bought by
Rosa Kenneth

Purchase Details

Closed on
Mar 9, 1999
Sold by
Michael B Wellikoff Tr and Goodman Randy And Evelyn
Bought by
Blackburn Wayne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,400
Interest Rate
6.79%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Excelsior Property Services Llc $1,275,000 South Florida Title
Tango 76 Group Llc -- Attorney
Garcia Ibenez Dario Fernando $489,000 Attorney
Bloch Investments Llc $119,300 Colonial Title Plantation In
Bin632 Llc $230,000 Attorney
Najm Jamal $200,000 Attorney
Baptiste Oneal -- None Available
Fleurissaint Justin $545,000 Professional Services Title
Baptiste Orilien $391,000 Beacon Title Services
Baptiste Orilien -- Beacon Title Services
Cadet Hilernest $345,000 Beacon Title Services
Sanders Laura E $252,400 --
Rosa Kenneth $181,500 --
Blackburn Wayne W $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Excelsior Property Services Llc $725,000
Previous Owner Garcia Ibenez Dario Fernando $339,000
Previous Owner Bin632 Llc $127,400
Previous Owner Najm Jamal $150,000
Previous Owner Fleurissaint Justin $436,000
Previous Owner Baptiste Orilien $332,350
Previous Owner Cadet Hilernest $276,000
Previous Owner Sanders Laura E $227,115
Previous Owner Blackburn Wayne W $15,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2024 01/29/24 Pending -- -- --
01/24/2024 01/24/24 Sold $1,275,000 -1.9% $263 / Sq Ft
08/15/2023 08/15/23 For Sale $1,300,000 +165.8% $268 / Sq Ft
04/25/2017 04/25/17 Sold $489,000 +9.9% $106 / Sq Ft View Prior Sale
03/26/2017 03/26/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $445,000 -- $97 / 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 $16,698 $1,128,750 $29,750 $1,099,000
2024 $14,625 $941,860 $21,000 $920,860
2023 $14,625 $653,290 $0 $0
2022 $12,947 $593,900 $0 $0
2021 $11,746 $539,910 $21,000 $518,910
2020 $11,354 $531,070 $21,000 $510,070
2019 $9,968 $469,410 $21,000 $448,410
2018 $9,048 $442,010 $21,000 $421,010
2017 $8,064 $381,060 $0 $0
2016 $8,189 $376,070 $0 $0
2015 $6,241 $251,130 $0 $0
2014 -- $228,300 $0 $0
2013 -- $243,570 $21,000 $222,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11435384

MIAMI REALTORS® MLS

APN: 50-42-09-03-0060