NOT LISTED FOR SALE

Estimated Value: $620,000 - $700,000

3 Beds
2 Baths
1,336 Sq Ft
$494/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $660,000 $494 Per Sq Ft

Current estimated payment $4,145/month

60 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2024

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

Miguel Fuentes

Fausto Commercial Realty Consultants Inc License #3403804 Listed on: 04/18/2024

Co-Listed By

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982

Last Buyer's Agent

Ari Dispenza

Central Commercial Real Estate License #3085357

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,327

Year Built

  • Built in 1928

Lot Details

  • Property is zoned 7700

Parking

  • 4 Parking Spaces

Home Design

  • Frame With Stucco
  • Frame Construction
  • Flat Roof with Façade front
  • Tar and Gravel Roof

Interior Spaces

  • 1,336 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • Northern Blvd Track Subdivision

Listing and Financial Details

  • Rent includes electricity, water
  • Assessor Parcel Number 01-31-25-024-2540

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,327

Year Built

Built in 1928

Lot Details

7,754 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1928
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 305-431-2258
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: NORTHERN BLVD TRACK
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 1336
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front, Tar & Gravel Roof
  • Construction Type: Frame, Frame With Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORTHERN BLVD TRACK
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-25-024-2540
  • Zoning: 7700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8327

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jul 2, 2024
Sold by
Quintana Alicia and Alicia Quintana Trust
Bought by
Tthxvi 653 Ap Llc
Seller's Agent
Miguel Fuentes
Fausto Commercial Realty Consultants Inc
Buyer's Agent
Ari Dispenza
Central Commercial Real Estate
List Price
$699,999
Sold Price
$660,000
Premium/Discount to List
-$39,999
-5.71%
Views
23
Current Estimated Value
$659,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$519
Avg. Annual Appreciation
-0.05%

Purchase Details

Closed on
Dec 27, 2012
Sold by
Quintana Alicia Maiquez and Quintana Alicia
Bought by
Quintana Alicia
Source: Public Records
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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
Tthxvi 653 Ap Llc $660,000 None Listed On Document
Quintana Alicia -- Attorney
Source: Public Records

Property History

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
Source: MIAMI REALTORS® MLS

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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11572195

MIAMI REALTORS® MLS

APN: 01-3125-024-2540

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