NOT LISTED FOR SALE
1 Bed
1 Bath
7,074 Sq Ft
6,970 Sq Ft Lot

Last Sold October 07, 2021

Last sale price $1,640,000 $232 Per Sq Ft

516 Days on Market

About This Home

As of October 2021

Prime investment opportunity, 2 floors building 10 units total locate a few blocks of the Beach, the walkability of the property naturally drives future tenants, close to Bal Harbour Shops. Value-add current rents are under market. 100% occupied with very stable tenants and extremely low maintenance; perfect for investor wanting to enter The Miami Beach market.Property passed 40 years certification. 7 Units completed remodel, and 3 partial.

Last Agent to Sell the Property

Elsy Gonzalez

Golden International Realty Corp License #3065624 Listed on: 01/22/2020

Last Buyer's Agent

Chaim Glik

Beachfront Realty Inc License #3265723

Beachfront Realty Inc

Townhouse Details

Home Type

Townhome

Year Built

1958

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • MIAMIRE_PoolYN: No
  • Architectural Style: Attached
  • Directions: google maps
  • Habitable Residence: No
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: BISCAYNE BCH SUB
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 2
  • Year Built: 1958

Interior Features

  • Flooring: Ceramic Floor, Terrazzo, Wood
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Flat Tile
  • Construction Type: Concrete Block Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • Waterfront: No

Utilities

  • Cooling: Electric
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Condo/Co-op/Association

  • Association: No
  • HOA Rent Includes: Gardener
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7074
  • Zoning: 3900

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 24221
  • Tax Year: 2019
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2021 10/07/21 Sold $1,640,000 -6.3% $232 / Sq Ft
07/06/2021 07/06/21 For Sale $1,749,999 0.0% $247 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
04/19/2021 04/19/21 Price Changed $1,749,999 -2.8% $247 / Sq Ft
10/07/2020 10/07/20 Price Changed $1,799,999 +900.0% $254 / Sq Ft
10/07/2020 10/07/20 Price Changed $179,999 -89.3% $25 / Sq Ft
07/06/2020 07/06/20 Price Changed $1,680,000 -2.6% $237 / Sq Ft
04/14/2020 04/14/20 Price Changed $1,725,000 -1.4% $244 / Sq Ft
02/10/2020 02/10/20 Price Changed $1,750,000 -5.4% $247 / Sq Ft
01/22/2020 01/22/20 For Sale $1,850,000 +11.1% $262 / Sq Ft
03/15/2019 03/15/19 Sold $1,665,000 -2.0% $278 / Sq Ft View Prior Sale
01/27/2019 01/27/19 Price Changed $1,699,000 -4.0% $283 / Sq Ft
12/04/2018 12/04/18 Price Changed $1,770,000 +4.2% $295 / Sq Ft
11/19/2018 11/19/18 Price Changed $1,699,000 -5.6% $283 / Sq Ft
11/08/2018 11/08/18 Price Changed $1,800,000 +1.7% $300 / Sq Ft
10/31/2018 10/31/18 Price Changed $1,770,000 +1.1% $295 / Sq Ft
10/31/2018 10/31/18 For Sale $1,750,000 -- $292 / 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 $33,219 $1,570,000 $508,500 $1,061,500
2024 $31,715 $1,766,600 -- --
2023 $31,715 $1,606,000 $0 $0
2022 $27,432 $1,460,000 $452,000 $1,008,000
2021 $27,224 $1,410,000 $367,250 $1,042,750
2020 $25,574 $1,321,000 $367,250 $953,750
2019 $25,231 $1,302,000 $367,250 $934,750
2018 $16,202 $1,168,000 $339,000 $829,000
2017 $14,071 $627,946 $0 $0
2016 $13,206 $570,860 $0 $0
2015 $12,345 $518,964 $0 $0
2014 $11,325 $471,786 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10805216

MIAMI REALTORS® MLS
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