NOT LISTED FOR SALE
2 Beds
2 Baths
7,045 Sq Ft
1954 Built

Sale Details

Date Sold: July 22, 2016

Last sale price $1,800,000 $256 Per Sq Ft

78 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Laundry Facilities
  • No HOA
  • Ceiling Fan
  • 3-minute walk to Stillwater Park

About This Home

As of July 2016

Rewarding investment opportunity in North Beach! Enjoy this 8-unit updated building featuring hurricane shutters, fresh exterior paint, laundry facilities, exterior lighting, new landscaping & securely gated. This rising income producing property attracts tenants with its remarkable modern style and location just steps from a 36-acre beachfront park, schools, public transportation, the beach, and more! Hurry in and invest in North Beach!

Last Agent to Sell the Property

Laura Veitia

Urban Resource LLC License #0620486 Listed on: 03/07/2016

Last Buyer's Agent

JORGE RODRIGUEZ

JPG Real Estate Investment License #3178787

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,847

Year Built

  • Built in 1954

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Fiberglass Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,045 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Windows

Flooring

  • Wood
  • Tile

Utilities

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

Additional Features

  • Exterior Lighting
  • Fenced
  • East of U.S. Route 1

Listing and Financial Details

  • Total Actual Rent $157,200
  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 02-32-02-008-1880

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Biscayne Beach Sub Condos
  • Biscayne Beach Sub Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $46,250
  • Net Operating Income $108,234

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,847

Year Built

Built in 1954

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Directions: From 85th St, head west over bridge. Property on left.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: Biscayne Beach Sub
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Tile, Wood
  • Living Area: 7045
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Hurricane Shutters, Sliding

Exterior Features

  • Roof: Fiberglass, Other
  • Exterior Features: Exterior Lights
  • Construction Type: CBS Construction, Other
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, East Of US 1
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Biscayne Beach Sub

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), 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: 02-32-02-008-1880
  • Zoning: RM-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 108234
  • Number Of Units In Community: 4
  • Number Of Units Total: 8
  • Annual Operating Expense: 46250
  • Total Actual Rent: 157200

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 17847
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
07/22/2016 07/22/16 Sold $1,800,000 -9.8% $256 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $1,995,000 -- $283 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $28,231 $1,543,161 -- --
2024 $25,861 $1,402,874 -- --
2023 $25,861 $1,275,340 $0 $0
2022 $24,431 $1,300,276 $494,000 $806,276
2021 $23,592 $1,221,892 $401,375 $820,517
2020 $23,655 $1,221,892 $401,375 $820,517
2019 $21,323 $1,100,322 $401,375 $698,947
2018 $20,382 $1,100,322 $370,500 $729,822
2017 $18,606 $977,031 $0 $0
2016 $17,613 $891,000 $0 $0
2015 $17,848 $900,842 $0 $0
2014 $10,956 $498,868 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10045183

MIAMI REALTORS® MLS
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