NOT LISTED FOR SALE

7715 NW 6th Ave Miami, FL 33150

Little River Neighborhood

Estimated Value: $550,059 - $1,535,000

4 Beds
4 Baths
-- Sq Ft
9,406 Sq Ft Lot

Sale Details

Date Sold: February 2, 2017

Last sale price $850,000

Est. 4% decrease in value since last sale

Current estimated payment $5,022 / mo

119 Days on Market

Highlights

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

About This Home

As of February 2017

Unique Turnkey Opportunity! (5) Contiguous 4Bed/4Bath Duplex Units (20 Beds/20 Baths) For $975,000. (5) Separate Folios @ 1/2 Acre+ Walled & Gated Corner Lot. Adjacent To East Side Of I-95. Separate Electric & Water Meter, Central HVAC, Washer/Dryer, Assigned Parking. Tenants Pay For All Utilities. Landlord Pays Insurance, Taxes, & Repairs. NO 40-Year Re-Certification Due To Being Separate Duplex Units. Existing Tenants Are Paying Below Market Rents. Units Will Yield 9%-10% CAP/ROR @ Market Value Rents.

Last Agent to Sell the Property

Cecil Jebailey

Cecil Jebailey, R.E. Broker License #629119 Listed on: 09/06/2016

Last Buyer's Agent

Cecil Jebailey

Cecil Jebailey, R.E. Broker License #629119 Listed on: 09/06/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,382

Year Built

  • Built in 1998

Lot Details

  • 9,406 Sq Ft Lot

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Parking

  • 20 Parking Spaces
  • Guest Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $125,400
  • Tenant pays for electricity, sewer, water
  • Assessor Parcel Number 01-31-12-016-0460

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 10 Units

Building Details

  • Other Expense $64,200
  • Operating Expense $32,100
  • Gross Income $125,400
  • Net Operating Income $93,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,382

Year Built

Built in 1998

Lot Details

9,406 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1998
  • Ownership: Sole Proprietor
  • Property Sub Type: Multi Family
  • Directions: ONE BLOCK EAST OF I-95 AND ONE BLOCK SOUTH OF 79TH STREET.
  • Horses: No
  • Inclusions: Land Only, Business; Building And Land
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: Resale
  • LastStatus: Pending
  • CurrentPrice: 850000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Number Of Buildings: 5
  • Stories: 1

Exterior Features

  • Roof: Comp Shingle Roof, Composition Roll, Shingle
  • Construction Type: Concrete Block Construction, CBS Construction
  • Lot Features: Other Location, 1/2 To Less Than 3/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Guest
  • Total Parking Spaces: 20

Utilities

  • Sewer: Public Sewer, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: Central Individual A/C
  • Cooling Y N: Yes
  • Electric: Other Electric
  • Electricity On Property: Yes
  • Heating: Central Individual A/C, Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-12-016-0460
  • Current Use: Income Non-Waterfront
  • Lot Size Sq Ft: 9406
  • Zoning: R-2

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Multi Family

  • Net Operating Income: 93300
  • Annual Gross Income: 125400
  • Number Of Units In Community: 10
  • Number Of Units Total: 10
  • Annual Operating Expense: 32100
  • Total Actual Rent: 125400

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3382

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Feb 2, 2017
Sold by
Bought by
Seller's Agent
Cecil Jebailey
Cecil Jebailey, R.E. Broker
Buyer's Agent
Cecil Jebailey
Cecil Jebailey, R.E. Broker
List Price
$1,000,000
Sold Price
$850,000
Premium/Discount to List
-$150,000
-15%
Current Estimated Value
$815,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,235
Avg. Annual Appreciation
-0.43%
Original Mortgage
$136,000
Interest Rate
0.042%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 8, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
0.0587%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 19, 2002
Sold by
Bought by

Purchase Details

Closed on
Feb 4, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$170,000 Attorney
$140,000 --
$82,300 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $136,000
Previous Owner $133,000
Previous Owner $152,000
Previous Owner $126,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/02/2017 02/02/17 Sold $850,000 -15.0% --
01/03/2017 01/03/17 Pending -- -- --
09/06/2016 09/06/16 For Sale $1,000,000 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,507 $265,321
2024 $5,719 $244,403
2023 $5,719 $222,185 $0 $0
2022 $5,223 $201,987 $0 $0
2021 $4,818 $187,534 $0 $0
2020 $4,500 $185,786 $52,778 $133,008
2019 $4,260 $181,777 $47,088 $134,689
2018 $3,711 $140,899 $23,544 $117,355
2017 $3,547 $131,555 $0 $0
2016 $3,465 $120,745 $0 $0
2015 $3,382 $111,447 $0 $0
2014 $3,476 $101,316 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Cecil Jebailey

    Cecil Jebailey, R.E. Broker

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Map

Source: MIAMI REALTORS® MLS

MLS Number: F10031165

MIAMI REALTORS® MLS

APN: 01-3112-016-0460

Florida Miami/Dade County Miami 33150 Little River

7715 NW 6th Ave, Miami, FL

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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