NOT LISTED FOR SALE

685 E 2nd Ave Hialeah, FL 33010

Hialeah Acres Neighborhood
-- Bed
-- Bath
3,176 Sq Ft
1972 Built

Last Sold September 03, 2021

Last sale price $800,000 $252 Per Sq Ft

3 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Ceiling Fan
  • Ceramic Tile Flooring

About This Home

As of September 2021

This is based in the heart of Hialeah close to shopping, major highways. CASH COW property. This is perfect for a buyer looking to live in one unit and use the others for income. This is also a great opportunity for an investor. Property has upside of 8.6% TRUE CAP RATE and 13.4% CASH-ON-CASH potential. The neighborhood has increased in value almost 18% in the last 2 years! Based on recent sales, property has approximately $300-400K in equity. This is for a buyer looking for a value-add property.

Last Agent to Sell the Property

Laurie Reader

Keller Williams Dedicated Professionals License #0652792 Listed on: 08/10/2021

Keller Williams Dedicated Professionals

Last Buyer's Agent

Riley Smith

Compass Florida, LLC. License #3028618

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,585

Year Built

  • Built in 1972

Parking

  • 4 Parking Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 3,176 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Additional Features

  • Property is zoned 3900
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Town Of Hialeah Fla Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-31-18-001-2691

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,585

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Directions: From HWY 27 exit Hialeah Dr East. Take Hialeah Drive East to East 2nd Ave and Go North Take East 2nd Ave North property is on the South East Corner of E 7th ave and E 2nd Ave.
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: TOWN OF HIALEAH FLA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 3176
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TOWN OF HIALEAH FLA
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-31-18-001-2691
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6585

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $800,000 0.0% $252 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $800,000 -- $252 / 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 $11,508 $651,621 -- --
2024 $10,531 $592,383 -- --
2023 $10,531 $538,530 $0 $0
2022 $9,184 $489,573 $222,750 $266,823
2021 $8,372 $434,364 $222,750 $211,614
2020 $6,585 $378,828 $189,000 $189,828
2019 $5,997 $343,733 $168,750 $174,983
2018 $5,519 $342,696 $121,500 $221,196
2017 $5,299 $239,280 $0 $0
2016 $5,059 $217,528 $0 $0
2015 $4,654 $197,753 $0 $0
2014 $3,775 $179,776 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laurie Reader

    Seller's Agent in 2021

    Laurie Reader

    Keller Williams Dedicated Professionals

    (954) 328-0228

    1 in this area

    2,374 Total Sales

    Laurie Reader
    Section Image
  • Riley Smith

    Buyer's Agent in 2021

    Riley Smith

    Compass Florida, LLC.

    (786) 550-6054

    1 in this area

    705 Total Sales

    Riley Smith
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11082833

MIAMI REALTORS® MLS
Florida Miami/Dade County Hialeah 33010 Hialeah Acres

685 E 2nd Ave, Hialeah, FL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes