NOT LISTED FOR SALE
5 Beds
4 Baths
2,163 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: December 3, 2012

Last sale price $333,000 $154 Per Sq Ft

196 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Impact Glass
  • Old Spanish Architecture
  • Efficiency Studio
  • 4-minute walk to Tatum Park

About This Home

As of December 2012

Income producing 4-Plex just a short walk to shopping, parks & beach. Charming 1940's former single family, legally converted, to 4 Units. Mostly impact windows. Ideal for investor or as starter home: Live rent free in the main 2Bed/1Bath unit with income from a 1Bed/1Bath & 2 Efficiencies. 2 on-site parking spots.

Last Agent to Sell the Property

Jay R. Levy, PA

Coldwell Banker Realty License #0623053 Listed on: 04/20/2012

Coldwell Banker Realty

Co-Listed By

Claudia Sonnek Levy

Coldwell Banker Realty License #3024370

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,883

Year Built

  • Built in 1940

Lot Details

  • 5,227

Home Design

  • Quadruplex
  • Old Spanish Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,163 Sq Ft Home
  • 1-Story Property
  • Efficiency Studio
  • Range
  • Impact Glass

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • Open Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $40,920
  • Assessor Parcel Number 02-32-02-007-2190

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Altos Del Mar No 3 Condos
  • Altos Del Mar No 3 Subdivision

Building Details

  • Operating Expense $20,856
  • Net Operating Income $20,064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,883

Year Built

Built in 1940

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Property Sub Type: Quadruplex
  • Architectural Style: Old Spanish
  • Directions: COLLINS AVE TP 77TH ST. THEN 4 BLOCKS WEST TO CARLYLE AVE THEN NORTH TO 7726 ON THE LEFT.
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: ALTOS DEL MAR NO 3
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Pending
  • CurrentPrice: 333000
  • InternetRemarks: Income production 4-Plx (5% CAP Rate) just a short walk to shopping, parks & beach.
  • MIAMIRE_EfficiencyYN: Yes
  • MIAMIRE_Equipment: Air Conditioning Unit, Range, Refrigerator
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Ceramic Floor, Tile, Wood
  • Living Area: 2163
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Impact Glass
  • UnitTypeFurnished: Unfurnished
  • UnitTypeFurnished: Unfurnished
  • UnitTypeFurnished: Unfurnished
  • UnitTypeFurnished: Unfurnished

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ALTOS DEL MAR NO 3
  • Total Parking Spaces: 2
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking
  • MIAMIRE_Parking: Open Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-02-007-2190
  • Zoning: 39/MULTI

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 20064
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 20856
  • Total Actual Rent: 40920

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6883

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
Apr 20, 2012
Closed on
Nov 15, 2012
Sold by
Bought by
Seller's Agent
Jay R. Levy, PA
Coldwell Banker Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$395,000
Sold Price
$333,000
Premium/Discount to List
-$62,000
-15.7%

Purchase Details

Closed on
Nov 13, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 9, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 2000
Sold by
Bought by
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

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
$333,000 --
-- None Available
-- --
$125,000 --
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
Previous Owner $85,000
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
12/03/2012 12/03/12 Sold $333,000 -15.7% $154 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $395,000 -- $183 / Sq Ft
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 $12,928 $688,000 $678,000 $10,000
2024 $13,001 $688,000 $678,000 $10,000
2023 $13,001 $688,000 $678,000 $10,000
2022 $12,250 $632,500 $0 $0
2021 $11,102 $575,000 $565,000 $10,000
2020 $12,467 $688,000 $678,000 $10,000
2019 $10,984 $575,000 $565,000 $10,000
2018 $10,040 $575,000 $565,000 $10,000
2017 $10,409 $464,519 $0 $0
2016 $10,148 $422,290 $0 $0
2015 $7,770 $383,900 $0 $0
2014 $7,091 $349,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1636991

MIAMI REALTORS® MLS
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