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

Sale Details

Date 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
  • 3-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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,385

Year Built

  • Built in 1956

Home Design

  • 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

Lot Details

  • Lot Dimensions are 125x115
  • Home fronts a canal
  • Property is zoned 39/MULTI

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
  • Biscayne Beach Sub,Biscayne Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,385

Year Built

Built in 1956

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
  • MIAMIRE_PoolYN: No
  • 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

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
Nov 25, 2015
Closed on
Mar 7, 2016
Sold by
Bought by
Seller's Agent
Laura Veitia
Urban Resource LLC
Buyer's Agent
Laura Veitia
Urban Resource LLC
List Price
$2,890,000
Sold Price
$2,750,000
Premium/Discount to List
-$140,000
-4.84%

Purchase Details

Closed on
Jan 8, 2014
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
$1,375,000 Attorney
$700,000 Attorney
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 $1,250,000
Previous Owner $300,000
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
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

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 $24,753 $1,297,998
2024 $20,813 $1,179,999
2023 $20,813 $1,072,727 $0 $0
2022 $18,323 $975,207 $683,240 $291,967
2021 $17,722 $917,842 $611,320 $306,522
2020 $16,749 $865,154 $611,320 $253,834
2019 $15,992 $825,241 $611,320 $213,921
2018 $15,518 $825,241 $611,320 $213,921
2017 $17,861 $937,951 $0 $0
2016 $14,892 $693,000 $0 $0
2015 $13,386 $675,632 $0 $0
2014 $10,772 $461,993 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2208527

MIAMI REALTORS® MLS
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