NOT LISTED FOR SALE

Estimated Value: $642,000 - $778,000

5 Beds
4 Baths
1,378 Sq Ft
$517/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $150,000 $109 Per Sq Ft

Est. 375% increase in value since last sale

Current estimated payment $4,161/month

30 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window
  • Fenced
  • 1-Story Property

About This Home

As of December 2016

Please Do Not disturb tenant. Great opportunity to buy this property at a discounted price in an up coming neighborhood. Own this duplex with long term tenants. Property features 2/1 - 2/1 on each side. Current rents $800 each unit which is below market rents. Property is been sold AS IS, bathrooms and kitchens need updating. Current cap rate is 9% which can be increase to above 10% with increase of rent. Tenants pay their own utilities. CASH ONLY!

Last Agent to Sell the Property

Leon Gordon

Inspired Lifestyle Realty, LLC License #3277639 Listed on: 10/18/2016

Last Buyer's Agent

Mauricio Jalil

MJ Estates, Inc. License #3207268

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,967

Year Built

  • Built in 1953

Lot Details

  • Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • 07Th Ave Highlands Condos
  • 07Th Ave Highlands Subdivision

Listing and Financial Details

  • Total Actual Rent $19,200
  • Rent includes gardener, trash collection
  • Assessor Parcel Number 01-31-13-024-1460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,967

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: 07th Ave Highlands
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1378
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: 07th Ave Highlands
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • 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: 01-31-13-024-1460
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1967

Multi Family

  • Number Of Units In Community: 2
  • Total Actual Rent: 19200

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2016 12/08/16 Sold $150,000 0.0% $109 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
11/03/2016 11/03/16 Price Changed $150,000 0.0% $109 / Sq Ft
11/03/2016 11/03/16 For Sale $150,000 -9.1% $109 / Sq Ft
10/22/2016 10/22/16 Pending -- -- --
10/15/2016 10/15/16 For Sale $165,000 -- $120 / 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 $3,716 $175,288 -- --
2024 $3,679 $170,348 -- --
2023 $3,679 $165,387 $0 $0
2022 $3,584 $160,570 $0 $0
2021 $3,565 $155,894 $0 $0
2020 $3,528 $153,742 $0 $0
2019 $3,459 $150,286 $0 $0
2018 $0 $147,484 $0 $0
2017 $3,316 $144,451 $0 $0
2016 $3,320 $141,480 $0 $0
2015 $3,303 $142,451 $0 $0
2014 $3,303 $141,321 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10164797

MIAMI REALTORS® MLS

APN: 01-4002-001-0610