$330,000
SOLD NOV 16, 2020
-- Bed
-- Bath
1,378 Sq Ft
1955 Built

Recently Sold

$239 Per Sq Ft

13% Below List Price

16 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling Available
  • Heating Available

About This Home

As of May 2023

TURNKEY RENTAL PROPERTY WITH 9% TRUE CAP RATE & 9.24% CASH ON CASH. TENANTS PAY FOR ALL UTILITIES EXCEPT FOR GARBAGE.

Last Agent to Sell the Property

Michael Arias

Keller Williams Eagle Realty License #3293783 Listed on: 09/08/2020

Keller Williams Eagle Realty

Last Buyer's Agent

Adriana Aiello Ambrugna

Lokation License #3310891

Lokation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,543

Year Built

  • Built in 1955

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • 7Th Avenue Highlands Condos
  • 7Th Avenue Highlands Subdivision

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 01-31-13-024-0620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,543

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: 7TH AVENUE HIGHLANDS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

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

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 7TH AVENUE HIGHLANDS
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-13-024-0620
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1543

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2022
Closed on
May 17, 2023
Sold by
Black Dancko Llc
Bought by
Torres Emmanuel
Seller's Agent
Gustavo Blachman
Terrabella Realty
Buyer's Agent
Carlos Ramos
BRKRS
List Price
$515,000
Sold Price
$485,000
Premium/Discount to List
-$30,000
-5.83%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%
Original Mortgage
$444,138
Outstanding Balance
$432,501
Interest Rate
6.28%
Mortgage Type
FHA
Estimated Equity
$211,868

Purchase Details

Listed on
Sep 8, 2020
Closed on
Nov 4, 2020
Sold by
Arias Group Llc
Bought by
Black Dancko Llc
Seller's Agent
Michael Arias
Keller Williams Eagle Realty
Buyer's Agent
Adriana Aiello Ambrugna
Lokation
List Price
$379,000
Sold Price
$330,000
Premium/Discount to List
-$49,000
-12.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.65%
Original Mortgage
$198,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2020
Sold by
Desir Simone and Boutin Adeline
Bought by
Arias Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,300
Interest Rate
3.6%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $485,000 Coral Gables Title
Warranty Deed $247,500 Trans State Title Ins Agcy
Warranty Deed $330,000 Trans State Ttl Ins Agcy Llc
Warranty Deed $330,000 New Title Company Name
Warranty Deed $140,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $444,138 FHA
Previous Owner $198,000 New Conventional
Previous Owner $181,300 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $649,900 +34.0% $472 / Sq Ft
05/19/2023 05/19/23 Sold $485,000 -5.8% $352 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
12/12/2022 12/12/22 For Sale $515,000 +56.1% $374 / Sq Ft
11/16/2020 11/16/20 Sold $330,000 -2.7% $239 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/09/2020 09/09/20 Price Changed $339,000 -10.6% $246 / Sq Ft
09/08/2020 09/08/20 For Sale $379,000 -- $275 / 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 $7,536 $339,939 $165,640 $174,299
2024 $5,896 $338,263 $161,685 $176,578
2023 $5,896 $230,774 $0 $0
2022 $5,305 $207,079 $0 $0
2021 $4,760 $188,254 $75,865 $112,389
2020 $3,652 $135,768 $54,238 $81,530
2019 $1,543 $84,877 $0 $0
2018 $1,305 $59,826 $0 $0
2017 $1,258 $43,883 $0 $0
2016 $1,158 $41,171 $0 $0
2015 $1,098 $38,921 $0 $0
2014 $1,029 $36,848 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10924117

MIAMI REALTORS® MLS

APN: 01-3113-024-0620