NOT LISTED FOR SALE

700 W 50th St Hialeah, FL 33012

Palm Springs Neighborhood

Estimated Value: $689,449 - $867,000

5 Beds
3 Baths
2,160 Sq Ft
$360/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $635,000 $294 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,171/month

113 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Complete Impact Glass
  • Central Heating and Cooling System

About This Home

As of June 2022

GREAT OPPORTUNITY FOR A FANTASTIC INVESTMENT IN THE HEART OF HIALEAH CAN BE USED FOR PERSONAL USE OR AS RENTALS FOR ADDITIONAL INCOME RENTED BELOW MARKET NEW ROOF AND IMPACT WINDOWS BOTH UNITS HAVE WASHER AND DRYER FACE MASKS ARE REQUIRED
OWNER MOTIVATED

Last Agent to Sell the Property

Marisel Nieves

M&J Real Estate Group, Inc. License #3039578 Listed on: 01/05/2022

Last Buyer's Agent

Marisel Nieves

M&J Real Estate Group, Inc. License #3039578 Listed on: 01/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,089

Year Built

  • Built in 1970

Lot Details

  • 6,360

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Complete Impact Glass

Flooring

  • Tile
  • Terrazzo

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Palm Springs Sub Sec 3 5T Condos
  • Palm Springs Sub Sec 3 5T Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-30-01-013-1330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,089

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: PALM SPRINGS SUB SEC 3 5T
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 2160
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Complete Impact Glass

Exterior Features

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

Garage/Parking

  • Park Building Name: PALM SPRINGS SUB SEC 3 5T
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-30-01-013-1330
  • Zoning: 8600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6089

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Jun 6, 2022
Sold by
5 Management Llc
Bought by
Hard Rock Apartments Llc
Seller's Agent
Marisel Nieves
M&J Real Estate Group, Inc.
Buyer's Agent
Marisel Nieves
M&J Real Estate Group, Inc.
List Price
$679,000
Sold Price
$635,000
Premium/Discount to List
-$44,000
-6.48%
Current Estimated Value
$784,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,515
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Jul 31, 2014
Sold by
Infante Juan A and Infante Juan C
Bought by
5 Management Llc

Purchase Details

Closed on
Oct 9, 2007
Sold by
Menendez Efren R
Bought by
Infante Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2007
Sold by
Infante Juan C
Bought by
Infante Juan A and Infante Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2003
Sold by
Garrido Jose A and Garrido Zedy
Bought by
Infante Juan C and Menendez Efren R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,950
Interest Rate
5.93%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hard Rock Apartments Llc $635,000 Solomon Cooperman & Recondo Ll
5 Management Llc $300,000 Cosmopolitan Title & Escrow
5 Management Llc -- Cosmopolitan Title & Escrow
Infante Juan C -- Attorney
Infante Juan A $375,000 Attorney
Infante Juan C $201,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Infante Juan C $238,000
Previous Owner Infante Juan C $190,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $635,000 -3.6% $294 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/19/2022 04/19/22 Price Changed $659,000 -2.9% $305 / Sq Ft
01/05/2022 01/05/22 For Sale $679,000 -- $314 / 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 $10,748 $535,837 $247,650 $288,187
2024 $9,783 $573,320 -- --
2023 $9,783 $521,200 $251,460 $269,740
2022 $6,770 $347,524 $0 $0
2021 $6,089 $315,931 $182,562 $133,369
2020 $6,127 $317,053 $182,562 $134,491
2019 $5,703 $294,365 $158,750 $135,615
2018 $5,424 $290,726 $153,988 $136,738
2017 $4,972 $258,342 $0 $0
2016 $4,592 $234,857 $0 $0
2015 $4,265 $214,149 $0 $0
2014 $3,965 $193,352 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Marisel Nieves

    M&J Real Estate Group, Inc.

    1 in this area

    20 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11142853

MIAMI REALTORS® MLS

APN: 04-3001-013-1330

Florida Miami/Dade County Hialeah 33012 Palm Springs

700 W 50th St, Hialeah, FL

This home is located at 700 W 50th St, Hialeah, FL 33012 since 05 January 2022 and is currently estimated at $777,612, approximately $360 per square foot. This property was built in 1970. 700 W 50th St is a home located in Miami-Dade County with nearby schools including Twin Lakes Elementary School, Palm Springs Middle School, and Hialeah Senior High School.

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.

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