NOT LISTED FOR SALE

Estimated Value: $567,000 - $845,000

3 Beds
2 Baths
2,179 Sq Ft
$311/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $482,000 $221 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,856/month

2 Days on Market

Highlights

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

About This Home

As of June 2023

Introducing an incredible investment opportunity nestled in the vibrant heart of Miami! This property boasts two separate units 3/2 and 2/1, offering immense potential for a lucrative return on investment. Whether you're seeking to build a new duplex from scratch or remodel this existing gem, the possibilities are endless for generating an exceptional cash flow. With its prime location and the best price per square foot, this investment property is an undeniable gem waiting to be discovered. Don't miss out on this fantastic opportunity to secure your financial future in one of Miami's most coveted neighborhoods! Land Use:
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS Call Today !!

Last Agent to Sell the Property

Milady Naranjo

Julies Realty, LLC License #3392187 Listed on: 06/09/2023

Julies Realty, LLC

Last Buyer's Agent

Yily Mendoza

Julies Realty, LLC License #3303361

Julies Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,845

Year Built

  • Built in 1930

Lot Details

  • 7,449

Parking

  • 6 Parking Spaces

Home Design

  • Frame Construction
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,179 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Additional Features

  • Property is zoned 0100
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Fairlawn Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-40-01-020-0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,845

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1930
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: FAIRLAWN SEC A
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2179
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction, Frame, Frame With Stucco
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FAIRLAWN SEC A
  • Total Parking Spaces: 6

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: 01-40-01-020-0080
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4845

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Larramendy Investments Llc
Bought by
Quick Ventures Llc
Current Estimated Value
$755,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$555,322
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$121,679

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jun 30, 2023
Sold by
Pacheco Israel and Pacheco Iluminada
Bought by
Larramenday Investments Llc
Seller's Agent
Milady Naranjo
Julies Realty, LLC
Buyer's Agent
Yily Mendoza
Julies Realty, LLC
List Price
$465,000
Sold Price
$482,000
Premium/Discount to List
$17,000
3.66%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%
Original Mortgage
$385,600
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1999
Sold by
Fernandez Timoteo A and Fernandez Norma
Bought by
Pacheco Israel and Pacheco Iluminada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,957
Interest Rate
6.8%
Mortgage Type
FHA
Source: Public Records
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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
Quick Ventures Llc $750,000 Eastcor National Title Service
Larramenday Investments Llc $482,000 Eastcor National Title Service
Pacheco Israel $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quick Ventures Llc $562,500
Previous Owner Larramenday Investments Llc $385,600
Previous Owner Pacheco Israel $88,957
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $482,000 +3.7% $221 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $465,000 -- $213 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $10,165 $557,220 $334,125 $223,095
2024 $5,330 $469,460 $330,276 $139,184
2023 $5,330 $279,288 $0 $0
2022 $4,845 $259,645 $0 $0
2021 $4,513 $241,621 $0 $0
2020 $2,542 $231,503 $0 $0
2019 $2,396 $225,240 $0 $0
2018 $2,022 $198,878 $0 $0
2017 $1,946 $158,696 $0 $0
2016 $1,873 $148,937 $0 $0
2015 $1,818 $140,854 $0 $0
2014 $1,705 $133,404 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11400741

MIAMI REALTORS® MLS

APN: 01-4001-020-0080