NOT LISTED FOR SALE

7870 SW 5th St Miami, FL 33144

Flagler Park Neighborhood

Estimated Value: $656,000 - $845,000

4 Beds
2 Baths
1,512 Sq Ft
$471/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $595,000 $394 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,841/month

14 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Seminole Elementary School Rated 9+
  • Central Heating and Cooling System

About This Home

As of February 2023

Attention Investors!! Great corner duplex property in desirable area off of Flagler S, just south of Miami International Airport, and seconds to the Palmetto Expressway! 2 bedrooms and 1 bath on each side with clean white kitchens, tile/fauxwood floors, and washer/dryer hook ups. Each unit has it’s own separate entrance and meters, as well as a private patio and side yard perfect for outdoor entertainment and enjoyment. This duplex is light, bright, super clean, and waiting for your tenants to move right in!

Last Agent to Sell the Property

Adam Levy

Compass Florida, LLC License #0639784 Listed on: 09/15/2022

Compass Florida, LLC

Last Buyer's Agent

Jorge Montealegre

Florida Realty of Miami Corp License #3496331

Florida Realty of Miami Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,760

Year Built

  • Built in 1956

Lot Details

  • 7,449

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Terrazzo

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Flagami 3Rd Addn Condos
  • Flagami 3Rd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-03-001-5300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,760

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: FLAGAMI 3RD ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 1512
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction, Frame
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FLAGAMI 3RD ADDN
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-03-001-5300
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5760

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Feb 7, 2023
Sold by
7870 Sw 5 Street Llc
Bought by
Montealegre Jerusias Peter
Seller's Agent
Adam Levy
Compass Florida, LLC
Buyer's Agent
Jorge Montealegre
Florida Realty of Miami Corp
List Price
$649,000
Sold Price
$595,000
Premium/Discount to List
-$54,000
-8.32%
Views
15
Current Estimated Value
$740,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,096
Avg. Annual Appreciation
7.42%
Original Mortgage
$579,312
Outstanding Balance
$561,650
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$151,009

Purchase Details

Closed on
Feb 1, 2022
Sold by
David Acosta Alexander
Bought by
7870 Sw 5 Street Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montealegre Jerusias Peter $595,000 Security Title
7870 Sw 5 Street Llc -- Therrel Baisden Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montealegre Jerusias Peter $579,312
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Sold $595,000 -8.3% $394 / Sq Ft
10/03/2022 10/03/22 For Sale $649,000 0.0% $429 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $649,000 -- $429 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $9,695 $489,664 $304,425 $185,239
2024 $7,870 $489,775 $304,425 $185,350
2023 $7,870 $397,307 $230,175 $167,132
2022 $6,905 $305,389 $0 $0
2021 $5,760 $272,193 $163,350 $108,843
2020 $5,512 $257,355 $148,500 $108,855
2019 $5,525 $257,368 $148,500 $108,868
2018 $5,366 $282,160 $127,710 $154,450
2017 $5,076 $219,121 $0 $0
2016 $4,580 $199,201 $0 $0
2015 $4,184 $181,092 $0 $0
2014 $3,993 $166,988 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Levy

    Seller's Agent in 2023

    Adam Levy

    Compass Florida, LLC

    (305) 971-7880

    1 in this area

    158 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jorge Montealegre

    Florida Realty of Miami

    (786) 203-8465

    1 in this area

    12 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11273021

MIAMI REALTORS® MLS

APN: 30-4003-001-5300

Florida Miami/Dade County Miami 33144 Flagler Park

7870 SW 5th St, Miami, FL

This home is located at 7870 SW 5th St, Miami, FL 33144 since 15 September 2022 and is currently estimated at $712,659, approximately $471 per square foot. This property was built in 1956. 7870 SW 5th St is a home located in Miami-Dade County with nearby schools including Seminole Elementary School, West Miami Middle School, and Miami Coral Park Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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