NOT LISTED FOR SALE
2 Beds
1 Bath
6,774 Sq Ft
1949 Built

Last Sold February 16, 2016

Last sale price $2,055,000 $303 Per Sq Ft

51 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window
  • Laundry Facilities
  • 2-minute walk to Tatum Park

About This Home

As of February 2016

Rare investment opportunity in North Beach! This fully updated, fully occupied building features over $500K in renovations including new cement tile roof, new PTEC A/Cs, fresh exterior shell seal/paint, & is fully gated w/ new landscaping. Units include n ew flooring, bathrooms, & updated kitchens w/ new appliances. Enjoy stabilized rents & reduced operating costs upon acquiring. Just steps to beach, schools, parks, public transportation & Collins Ave shops and restaurants. Won' t last! See it today.

Last Agent to Sell the Property

Laura Veitia

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

Last Buyer's Agent

Fabian Graff

MMLS Assoc.-Inactive Member License #3156220

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,798

Year Built

  • Built in 1949

Home Design

  • Substantially Remodeled
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,774 Sq Ft Home
  • 1-Story Property
  • Sliding Windows
  • Tile Flooring

Utilities

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

Additional Features

  • Exterior Lighting
  • Property is zoned 39/MULTI

Listing and Financial Details

  • Total Actual Rent $14,900
  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 02-32-02-007-1540

Community Details

Overview

  • No Home Owners Association
  • 2 53 42 Altos Del Mar No,North Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,798

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1949
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: 2 53 42 ALTOS DEL MAR NO,NORTH BEACH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 6774
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • Roof: Concrete
  • Exterior Features: Exterior Lights
  • Construction Type: CBS Construction, Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 2 53 42 ALTOS DEL MAR NO

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: 02-32-02-007-1540
  • Zoning: 39/MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 138034
  • Number Of Units In Community: 4
  • Number Of Units Total: 12
  • Annual Operating Expense: 42346
  • Total Actual Rent: 14900

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 17798

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
02/16/2016 02/16/16 Sold $2,055,000 -2.1% $303 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
11/25/2015 11/25/15 For Sale $2,100,000 -- $310 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A2208615

MIAMI REALTORS® MLS