NOT LISTED FOR SALE

Estimated Value: $530,130 - $588,000

-- Bed
2 Baths
1,425 Sq Ft
$387/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $475,000 $333 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,836/month

173 Days on Market

Highlights

  • Newly Remodeled
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • No HOA
  • Heating System Mounted To A Wall or Window

About This Home

As of February 2022

CASH ONLY ! OVER 7% RETURN ON YOUR INVESTMENT !!THIS TRIPLEX LOCATED IN THE HEART OF HALLANDALE'S RE-DEVELOPMENT AREA IS GREAT FOR AN INVESTOR OR DEVELOPER! ITS ZONED FOR MULTIFAMILY 2-9 UNITS, MAY BE REZONED FOR MORE UNITS. CURRENTLY UNIT #1 HAS BEEN TOTALLY REMODELED.
NEW FLOORS, KITCHEN, APPLIANCES, A/C UNITS, BATHROOM AND MORE. EACH UNIT IS A ONE BEDROOM, LIVING AREA AND KITCHEN AREA & FULL BATHROOM. UNITS 2 & 3 HAVE A DIFFERENT LAYOUT ALSO VERY NICE. MINUTES TO MAJOR HIGHWAY, BEACHES, GULFSTRAM AND MUCH MORE.
GREAT OPPORTUNITY!!!! DON'T MISS OUT WHILE THE PRICES ARE STILL AFFORDABLE!
PERFER CASH ONLY BUT WILL TAKE IN CONSIDERATIONS TERMS OF THE CONTRACT.

Last Agent to Sell the Property

Mireille Bouganem

Beachfront Realty Inc License #3019772 Listed on: 08/23/2021

Beachfront Realty Inc

Last Buyer's Agent

Rachel Slelatt

Douglas Elliman License #3348590

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,811

Year Built

  • Built in 1956 | Newly Remodeled

Lot Details

  • 4,008

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Concrete Roof

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property

Utilities

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

Community Details

  • No Home Owners Association
  • 3 Units
  • West Harlem First Add Condos
  • West Harlem First Add Subdivision

Listing and Financial Details

  • Rent includes sewer
  • Assessor Parcel Number 514221200400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,811

Year Built

Built in 1956 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Triplex
  • Architectural Style: Attached, Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: WEST HARLEM FIRST ADD
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1425
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Concrete, Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WEST HARLEM FIRST ADD
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Other, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514221200400
  • Zoning: multifamily 2-9
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3811

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Feb 18, 2022
Sold by
Cohen and Meital
Bought by
Rsrs Investments Llc
Seller's Agent
Mireille Bouganem
Beachfront Realty Inc
Buyer's Agent
Rachel Slelatt
Douglas Elliman
List Price
$510,000
Sold Price
$475,000
Premium/Discount to List
-$35,000
-6.86%
Current Estimated Value
$552,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,033
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Aug 19, 2021
Sold by
Bridge Mortgage Bankers Inc
Bought by
Cohen Nissim

Purchase Details

Listed on
Feb 9, 2020
Closed on
May 22, 2020
Sold by
Katz Yaron and Katz Galit
Bought by
Cohen Nissim
Seller's Agent
Shahab Kalam
Bridge Realty
Buyer's Agent
Shahab Kalam
Bridge Realty
List Price
$345,000
Sold Price
$334,000
Premium/Discount to List
-$11,000
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$250,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2019
Sold by
Katz and Galit
Bought by
Bridge Mortgage Bankers

Purchase Details

Closed on
Aug 31, 2012
Sold by
Bpe Group Acquisitions Llc
Bought by
Katz Yaron and Katz Galit

Purchase Details

Closed on
Nov 1, 1989
Sold by
Available Not
Bought by
Available Not
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
Rsrs Investments Llc $475,000 Serber & Associates Pa
Cohen Nissim -- None Available
Cohen Nissim $334,000 Attorney
Bridge Mortgage Bankers -- None Listed On Document
Katz Yaron $88,900 Independence Title Inc
Bpe Group Acquistion Llc $65,000 Independence Title Inc
Available Not $7,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Nissim $250,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $475,000 -6.9% $333 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
08/23/2021 08/23/21 For Sale $510,000 +52.7% $358 / Sq Ft
05/22/2020 05/22/20 Sold $334,000 -3.2% $234 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/09/2020 02/09/20 For Sale $345,000 -- $242 / 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 $10,007 $428,840 $24,000 $404,840
2024 $10,123 $428,840 $24,000 $404,840
2023 $10,123 $428,840 $24,000 $404,840
2022 $7,198 $299,730 $24,000 $275,730
2021 $6,943 $299,300 $24,000 $275,300
2020 $3,811 $146,180 $24,000 $122,180
2019 $3,596 $134,980 $24,000 $110,980
2018 $3,444 $155,780 $24,000 $131,780
2017 $2,923 $115,210 $0 $0
2016 $2,762 $104,740 $0 $0
2015 $2,434 $95,220 $0 $0
2014 $2,118 $86,570 $0 $0
2013 -- $80,920 $24,000 $56,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11087290

MIAMI REALTORS® MLS

APN: 51-42-21-20-0400