NOT LISTED FOR SALE
2 Beds
1 Bath
5,249 Sq Ft
1956 Built

Last Sold April 14, 2016

Last sale price $2,750,000 $524 Per Sq Ft

68 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wood Flooring
  • Balcony
  • 1-minute walk to Crespi Park

About This Home

As of April 2016

Rewarding waterfront investment opportunity. Own two buildings w/ separate folios in quiet neighborhood across from Crespi Park. Property is completely updated w/ fresh exterior paint, new landscaping, and new PTEC A/Cs. Unit upgrades include kitchens, ba throoms, & new fixtures throughout. Highly sought area, just steps to parks, schools, public transportation, and the beach!

Last Agent to Sell the Property

Laura Veitia

Urban Resource LLC License #0620486 Listed on: 11/25/2015

Last Buyer's Agent

Laura Veitia

Urban Resource LLC License #0620486 Listed on: 11/25/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,385

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 125x115
  • Home fronts a canal

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,249 Sq Ft Home
  • 2-Story Property
  • Sliding Windows

Flooring

  • Wood
  • Tile
  • Terrazzo

Outdoor Features

  • Fixed Bridges
  • Canal Width is 121 Feet or More
  • Seawall
  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $240,000
  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 02-32-02-008-2440

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Biscayne Beach Sub Condos
  • Biscayne Beach Sub,Biscayne Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $62,482
  • Net Operating Income $179,930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,385

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • Inclusions: None
  • Lot Size: 125x115
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: BISCAYNE BEACH SUB,BISCAYNE BEACH
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Terrazzo, Tile, Wood
  • Living Area: 5249
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Sliding

Exterior Features

  • Roof: Other
  • Exterior Features: Balcony, Exterior Cat Walk, Exterior Lights
  • Construction Type: CBS Construction, Other
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront Features: Canal Front, Canal Width 121 Feet Or More, Fixed Bridge(S), Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BISCAYNE BEACH SUB

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-02-008-2440
  • Zoning: 39/MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 179930
  • Number Of Units In Community: 4
  • Number Of Units Total: 12
  • Annual Operating Expense: 62482
  • Total Actual Rent: 240000

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 13385

Range of Values:

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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 Change Sq Ft Price
04/14/2016 04/14/16 Sold $2,750,000 -4.8% $524 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
11/25/2015 11/25/15 For Sale $2,890,000 -- $551 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2208527

MIAMI REALTORS® MLS