$420,000
SOLD OCT 6, 2020

725 SW 40th Ave Coral Gables, FL 33134

Flagami Neighborhood
-- Bed
-- Bath
2,082 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$202 Per Sq Ft

3% Below List Price

18 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • 1-Story Property
  • Coral Gables Senior High School Rated A-
  • Central Heating and Cooling System

About This Home

As of October 2020

Great investment, income producing opportunity! Location, location, location, annex to Coral Gables. Currently has tenants until August 30th 2020. They have lived there for 15+ years. The property has separate street entrances one on 39th CT and the other on 40th Ave. The front (39th CT) has 3 beds/2 baths, with a laundry room, open kitchen space, with all the appliances. It has 3 parking spaces, spacious, with potential for more. The rear (40th Ave) has 2 beds/1 bath, with a separate laundry room, with appliances except for washer/dryer - not included on this side. It has 2 parking spaces, with potential for 3 spaces. No dishwashers on either side. Each side has a separate small patio. Please see Broker Remarks for Showing Instructions.

Last Agent to Sell the Property

Rocio Piccionello

Florida R&M Realty License #3143692 Listed on: 07/15/2020

Last Buyer's Agent

Rocio Piccionello

Florida R&M Realty License #3143692 Listed on: 07/15/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,714

Year Built

  • Built in 1967

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,082 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Flagler Sec Addn To Coral Condos
  • Flagler Sec Addn To Coral Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-05-048-0360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,714

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1967
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: FLAGLER SEC ADDN TO CORAL
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 2082
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: FLAGLER SEC ADDN TO CORAL
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • 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: 01-41-05-048-0360
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6714

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Total Investors Llc
Bought by
Realty Management Firm Llc
Total Days on Market
18
Current Estimated Value
$888,951

Purchase Details

Listed on
Jul 15, 2020
Closed on
Oct 5, 2020
Sold by
Jaimot Pedro Alberto and Jaimot Adela
Bought by
Total Investors Llc
Seller's Agent
Rocio Piccionello
Florida R&M Realty
Buyer's Agent
Rocio Piccionello
Florida R&M Realty
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.54%

Purchase Details

Closed on
Jan 21, 2011
Sold by
Jaimot Adela and Jaimot Pedro Alberto
Bought by
Jaimot Pedro Alberto and Jaimot Adela

Purchase Details

Closed on
Nov 12, 1996
Sold by
Vila Alicia T
Bought by
Jaimot Adela
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $420,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $140,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Rented $2,050 0.0% --
02/09/2021 02/09/21 Under Contract -- -- --
01/28/2021 01/28/21 Price Changed $2,050 -2.4% $1 / Sq Ft
01/05/2021 01/05/21 For Rent $2,100 0.0% --
10/06/2020 10/06/20 Sold $420,000 -3.4% $202 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $435,000 -- $209 / 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
2024 $11,212 $552,308 -- --
2023 $11,212 $502,099 $0 $0
2022 $10,119 $453,981 $193,529 $260,452
2021 $8,150 $347,831 $147,743 $200,088
2020 $6,791 $283,177 $144,910 $138,267
2019 $6,714 $283,191 $144,910 $138,281
2018 $6,242 $283,205 $144,910 $138,295
2017 $5,770 $228,714 $0 $0
2016 $5,383 $207,922 $0 $0
2015 $4,963 $189,020 $0 $0
2014 $4,779 $177,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Aymee Pita

    Capital Homes Inc

    (305) 218-6333

    8 Total Sales

    Aymee Pita
    Section Image

  • D

    Buyer's Agent in 2021

    Diane Fernandez

    Brokers Choice Realty Inc

    (786) 271-2265

    Section Image
  • Rocio Piccionello

    Seller's Agent in 2020

    Rocio Piccionello

    Florida R&M Realty

    (305) 505-4742

    1 in this area

    7 Total Sales

    Rocio Piccionello
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10891995

MIAMI REALTORS® MLS

APN: 01-4105-048-0360

Florida Miami/Dade County Coral Gables 33134 Flagami

725 SW 40th Ave, Coral Gables, FL

This home is located at 725 SW 40th Ave, Coral Gables, FL 33134 and is currently priced at $420,000, approximately $201 per square foot. This property was built in 1967. 725 SW 40th Ave is a home located in Miami-Dade County with nearby schools including Auburndale Elementary School, Kinloch Park Middle School, and Coral Gables 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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