J
Seller's Agent in 2015
Joaquin Cossio
MMLS Assoc.-Inactive Member
655 Lenox Ave Miami Beach, FL 33139
Flamingo Neighborhood
--
Bed
--
Bath
7,500
Sq Ft
1956
Built
Highlights
- Beach Access
- No HOA
- 5-minute walk to Canopy Park
- South Pointe Elementary School Rated 9+
About This Home
As of June 2015Beautiful Two Building property with 8 Apartments ALL RENTED!!! (2 Units 2/2 and 6 Units 1/1), great investment opportunity with many highlights as very good and consistent Net Operation Income, the Property is located in Prime Miami Beach area just a few blocks to 5th Avenue Mall, Ocean Drive, the Beaches & the Miami Beach Marina, Large Apartments with very good maintenances, the buildings has a reinforced concrete slab on second floor, 40 Year Certification, and Rent Growth of 25% in the next 5 years.
Last Agent to Sell the Property
Joaquin Cossio
MMLS Assoc.-Inactive Member License #3269298 Listed on: 09/05/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,881
Year Built
- Built in 1956
Lot Details
- 7,500 Sq Ft Lot
- Lot Dimensions are 50x150
- Additional Parcels
Additional Features
- Beach Access
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 02-42-03-009-7771
Community Details
Overview
- No Home Owners Association
- 3 4 54 42 3 4 53 42 Ocean Condos
- 3 4 54 42 3 4 53 42 Ocean Subdivision
Building Details
- Insurance Expense $3,000
- Other Expense $19,800
- New Taxes Expense $20,000
- Operating Expense $35,000
- Gross Income $112,800
- Net Operating Income $77,800
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2015 06/16/15 | Sold | $1,870,000 | -6.5% | $249 / Sq Ft |
| 03/30/2015 03/30/15 | Pending | -- | -- | -- |
| 09/04/2014 09/04/14 | For Sale | $1,999,999 | -- | $267 / 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 | $37,059 | $2,129,760 | $1,500,000 | $629,760 |
| 2024 | $36,370 | $1,972,109 | $1,725,000 | $247,109 |
| 2023 | $36,370 | $1,898,600 | $0 | $0 |
| 2022 | $32,430 | $1,726,000 | $1,725,000 | $1,000 |
| 2021 | $33,326 | $1,726,000 | $1,725,000 | $1,000 |
| 2020 | $33,415 | $1,726,000 | $1,725,000 | $1,000 |
| 2019 | $31,994 | $1,651,000 | $1,650,000 | $1,000 |
| 2018 | $0 | $1,651,000 | $1,650,000 | $1,000 |
| 2017 | $31,440 | $1,651,000 | $0 | $0 |
| 2016 | $32,070 | $1,651,000 | $0 | $0 |
| 2015 | -- | $962,500 | $0 | $0 |
| 2014 | -- | $961,831 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jackeline Londono
Buyer's Agent in 2015
Jackeline Londono
Morgan Whitney Inc
(305) 345-3738
1 in this area
57 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A2000930
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