NOT LISTED FOR SALE
-- Beds
-- Baths
2,114 Sq Ft
1958 Built

Sale Details

Date Sold: December 12, 2024

Last sale price $865,000 $409 Per Sq Ft

3 Days on Market

Highlights

  • Fruit Trees
  • No HOA
  • Tile Flooring
  • Outdoor Living Area
  • Patio
  • 4-minute walk to Walker Park

About This Home

As of December 2024

Golden Investment Opportunity in Prime Hialeah Location!Discover this exceptional fourplex in the highly 29th St of West Hialeah,a rare gem!This well maintained property boasts a new roof and a newly updated sewer line.Each of the four 1/1 units comes with its own independent water and FPL meters.All units are currently rented on a month-to-month basis, providing immediate income and flexibility for future rental adjustments. The property includes a spacious patio with fruit trees, offering tenants a relaxing outdoor space. Located just minutes from top-rated schools, shopping centers, supermarkets, and the Hialeah Casino, this fourplex is ideally positioned to attract long-term tenants!Add this property to your portfolio and capitalize on the booming Hialeah rental market!

Last Agent to Sell the Property

Abel Martinez

Coldwell Banker Realty License #3478269 Listed on: 10/31/2024

Coldwell Banker Realty

Last Buyer's Agent

Eduardo Otero

Great Miami Realty Group, LLC License #3392749

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,369

Year Built

  • Built in 1958

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2,114 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Patio
  • Outdoor Living Area
  • Outdoor Grill

Lot Details

  • Fenced
  • Fruit Trees

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0430120040090

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Phillipsons Addn To Hiale Subdivision

Building Details

  • Gross Income $7,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,369

Year Built

Built in 1958

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1958
  • New Construction: No
  • Structure Type: Multi Family
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Living Area: 2114.0
  • Stories: 1

Exterior Features

  • Exterior Features: Barbecue, Outdoor Living Area, Other
  • Fencing: Fenced
  • Lot Features: Fruit Trees
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Separate Meters, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0430120040090
  • Lot Size: 6628
  • Mobile Dim Units: Feet
  • Zoning: 6400

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9369.0

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 7200.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Dec 12, 2024
Sold by
Morgade Family Revocable Trust and Morgade Lino
Bought by
Seller's Agent
Abel Martinez
Coldwell Banker Realty
Buyer's Agent
Eduardo Otero
Great Miami Realty Group, LLC
List Price
$900,000
Sold Price
$865,000
Premium/Discount to List
-$35,000
-3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$752,654
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2024
Sold by
Morgade Lino
Bought by
Morgade Family Revocable Living Trust and Morgade
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$865,000 None Listed On Document
Morgade Family Revocable Living Trust -- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $765,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $865,000 -3.9% $409 / Sq Ft
11/03/2024 11/03/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $900,000 -- $426 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,256 $591,600 $231,980 $359,620
2024 $9,369 $492,485
2023 $9,369 $447,714 $0 $0
2022 $7,921 $407,013 $0 $0
2021 $7,132 $370,012 $198,840 $171,172
2020 $6,626 $349,687 $165,700 $183,987
2019 $6,224 $343,733 $165,700 $178,033
2018 $5,320 $282,724 $132,560 $150,164
2017 $4,949 $254,608 $0 $0
2016 $4,586 $231,462 $0 $0
2015 $4,191 $210,420 $0 $0
2014 $4,215 $207,536 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11685962

BeachesMLS (Greater Fort Lauderdale)
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