Seller's Agent in 2024
Miguel Fuentes
Fausto Commercial Realty Consultants Inc
(305) 586-1941
7 in this area
15 Total Sales
Estimated Value: $620,000 - $700,000
This property represents a rare investment opportunity in the burgeoning 'WOW' district of Allapattah, just west of Wynwood. Available for sale is this multifamily property consisting of two structures on a 7,750 sq ft lot of D2 commercial zoning. The first structure is a single family home, 2 bedrooms one bath with its own enclosed yard space. the second structure, on the rear part of the lot, is a two story structure that has 2 efficiencies downstairs and a an updated one bedroom apartment on the second floor. The property's D2 zoning opens up a wealth of potential redevelopment options, while the existing structures provide stable income in the short term. With its close proximity to the exciting amenities of Wynwood and the wider Miami area, this property is primed for growth
Last Agent to Sell the Property
Fausto Commercial Realty Consultants Inc License #3403804 Listed on: 04/18/2024
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tthxvi 653 Ap Llc | $660,000 | None Listed On Document | |
| Quintana Alicia | -- | Attorney |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2024 07/02/24 | Sold | $660,000 | -5.7% | $494 / Sq Ft |
| 06/18/2024 06/18/24 | Pending | -- | -- | -- |
| 04/18/2024 04/18/24 | For Sale | $699,999 | -- | $524 / Sq Ft |
| 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 | $8,550 | $550,557 | $542,500 | $8,057 |
| 2024 | $8,327 | $327,454 | -- | -- |
| 2023 | $8,327 | $297,686 | $0 | $0 |
| 2022 | $7,686 | $270,624 | $0 | $0 |
| 2021 | $6,777 | $246,022 | $0 | $0 |
| 2020 | $6,487 | $358,750 | $348,750 | $10,000 |
| 2019 | $6,211 | $358,750 | $348,750 | $10,000 |
| 2018 | $6,585 | $475,000 | $465,000 | $10,000 |
| 2017 | $4,570 | $168,038 | $0 | $0 |
| 2016 | $4,467 | $152,762 | $0 | $0 |
| 2015 | $4,047 | $138,875 | $0 | $0 |
| 2014 | $3,623 | $126,250 | $0 | $0 |
Seller's Agent in 2024
Miguel Fuentes
Fausto Commercial Realty Consultants Inc
(305) 586-1941
7 in this area
15 Total Sales
Seller Co-Listing Agent in 2024
Mauricio Villasuso
Fausto Commercial Realty Consultants Inc
(305) 961-1179
9 in this area
88 Total Sales
Buyer's Agent in 2024
Ari Dispenza
Central Commercial Real Estate
(786) 577-4975
4 in this area
15 Total Sales
Source: MIAMI REALTORS® MLS
MLS Number: A11572195
APN: 01-3125-024-2540
Ask me questions while you tour the home.