NOT LISTED FOR SALE

7701 SW 181st Terrace Unit 1 Palmetto Bay, FL 33157

Estimated Value: $1,472,185 - $1,499,000

1 Bed
1 Bath
450 Sq Ft
0.36 Acres

Highlights

  • No HOA
  • Studio bedroom
  • 1 Car Garage
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Central Heating and Cooling System
  • Cats Allowed

About This Home

As of October 2023

Enjoy the tranquility of Palmetto Bay. Excellent studio appartment with its own entrance on a corner lot home, completely remodeled, and completely private, preferably 1 person or a couple, close to Old Cutler RD. All utilities and high speed internett included.

Last Agent to Rent the Property

Osmany Linares

Inmobi Realestate & Associates, LLC. License #3298146 Listed on: 08/11/2023

Last Renter's Agent

America Diaz

America's Best Realty Corp License #3065436

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,711

Year Built

  • Built in 1980

Lot Details

  • 0.36

Parking

  • 1 Car Garage

Interior Spaces

  • 450 Sq Ft Home
  • Partially Furnished

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Property Available on 9/1/23
  • 1 Year With Renewal Option,Short Term Lease Lease Term
  • Assessor Parcel Number 33-50-34-023-0610

Community Details

Overview

  • No Home Owners Association
  • Cape Cutler Estates Condos
  • Cape Cutler Estates Subdivision

Pet Policy

  • Pets Allowed: No
  • Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$18,711

Year Built

Built in 1980

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No, Cats OK
  • Available Date: 2023-09-01
  • Lease Term: 1 Year With Renewal Option,Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1980
  • Property Sub Type: Efficiency
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Eff/Std/Hotel Room-Off Season, Efficiency
  • Subdivision Name: CAPE CUTLER ESTATES
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Partially
  • Living Area: 450
  • Bedroom Features: Studio

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CAPE CUTLER ESTATES
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 33-50-34-023-0610
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2022
Sold by
Reilly Thomas P and Reilly Martha
Bought by
Linares Osmany and Veliz Loreto
Current Estimated Value
$1,486,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,589
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2019
Sold by
Luck Of The Irish Holdings Llc
Bought by
Martha Reilly Thomas and Martha Rfeilly

Purchase Details

Closed on
Jun 9, 2016
Sold by
Godwin Henry C and Godwin Joe Ann
Bought by
Irish Holdings Llc

Purchase Details

Closed on
Jun 29, 1993
Sold by
Bendheim Henry J and Craig Sherrill B
Bought by
Godwin Henry C and Godwin Joe Ann
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
Linares Osmany -- Unlimited Title
Linares Osmany $1,261,000 Unlimited Title
Martha Reilly Thomas -- None Available
Irish Holdings Llc $575,000 Unlimited Title Services Llc
Godwin Henry C $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Linares Osmany $1,070,589
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2023 10/01/23 Rented $1,550 0.0% --
08/24/2023 08/24/23 Price Changed $1,550 -6.1% $3 / Sq Ft
08/16/2023 08/16/23 Price Changed $1,650 -17.5% $4 / Sq Ft
08/11/2023 08/11/23 For Rent $2,000 -- --
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 $18,711 $1,063,539 $468,000 $595,539
2024 $17,887 $1,076,382 $474,300 $602,082
2023 $17,887 $991,125 $382,500 $608,625
2021 $8,369 $476,492 $0 $0
2020 $8,206 $469,914 $214,200 $255,714
2019 $8,967 $471,871 $214,200 $257,671
2018 $14,883 $501,222 $214,200 $287,022
2017 $14,596 $475,785 $0 $0
2016 $5,275 $304,371 $0 $0
2015 $5,366 $302,256 $0 $0
2014 $5,429 $299,858 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Landlord's Agent in 2023

    Osmany Linares

    Inmobi Realestate & Associates, LLC.

    (305) 458-8370

    1 in this area

    58 Total Sales

    Osmany Linares
    Section Image
  • America Diaz

    Tenant's Agent in 2023

    America Diaz

    America's Best Realty Corp

    (786) 258-3735

    176 Total Sales

    America Diaz
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11434283

MIAMI REALTORS® MLS

APN: 33-5034-023-0610

Florida Miami/Dade County Palmetto Bay 33157

7701 SW 181st Terrace Unit 1, Palmetto Bay, FL

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