NOT LISTED FOR SALE

7994 & 7996 Crespi Blvd Unit 3 & 4 Miami Beach, FL 33141

Biscayne Point Neighborhood

Estimated Value: $670,000 - $1,318,355

11 Beds
6 Baths
1,820 Sq Ft
$594/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $925,000 $508 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,609/month

61 Days on Market

Highlights

  • Main Floor Bedroom
  • Porch
  • Views
  • 4 Car Garage
  • Cooling Available
  • 3-minute walk to Crespi Park

About This Home

As of October 2023

SPECIAL INVESTOR OPPORTUNITY. Located in the heart of Miami Beach. Highly desirable location. walking distance from the Beach, shops, restaurants. 2 ATTACHED Duplex, 11 bedroom/6 bath total with large fenced patio. 1,820 and 1,891 sqft respectively. Washer and Dryer included. Both properties are vacant. Lots of potential to remodel these 2 units into 2 Townhouses with 3 beds/3 baths each. Property is only being sold together with 2 different FOLIO # 02-3202-043-0030 & 02-3202-043-0040, 7994 & 7996 Crespi Blvd . Motivated Seller ! Bring all offers

Last Listed By

Nathan Kakon

Charles Rutenberg Realty Fort License #3310069 Listed on: 08/30/2023

Charles Rutenberg Realty Fort

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,613

Year Built

  • Built in 1969

Lot Details

  • East Facing Home
  • Fenced

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Leased Washer and Dryer
  • Property Views

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Main Floor Bedroom
  • 6 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-043-0030

Community Details

Overview

  • Property has a Home Owners Association
  • B L G Condo
  • B L G Condo Subdivision

Pet Policy

  • Breed Restrictions

Additional Features

  • Laundry Facilities
  • Complex Is Fenced

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,613

Year Built

Built in 1969

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Townhouse, Condo
  • Subdivision Name: B L G CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer/Dryer Leased
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 6
  • Total Bedrooms: 11
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1820
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level, None
  • Dining Room Features: Dining/Living Room, Family/Dining Combination
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: B L G CONDO
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Assigned, Detached, Limited # Of Vehicle

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Amenities: Laundry, None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-32-02-043-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5613

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Oct 30, 2023
Sold by
79 Crespi Llc
Bought by
75 Land Group Llc
Seller's Agent
Nathan Kakon
Charles Rutenberg Realty Fort
Buyer's Agent
Nathan Kakon
Charles Rutenberg Realty Fort
List Price
$1,100,000
Sold Price
$925,000
Premium/Discount to List
-$175,000
-15.91%
Total Days on Market
61
Views
93
Current Estimated Value
$1,080,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,839
Avg. Annual Appreciation
-11.28%
Original Mortgage
$1,271,387
Outstanding Balance
$1,257,600
Interest Rate
7.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$492,019

Purchase Details

Closed on
Jul 14, 2021
Sold by
Prosum Management Inc
Bought by
79 Crespi Llc

Purchase Details

Closed on
Aug 26, 2013
Sold by
Munelon Mario
Bought by
Piosum Management Inc

Purchase Details

Closed on
Mar 29, 2001
Sold by
Evelio Gonzalez M and Evelio Patricia Gonzalez
Bought by
Label Jacqueline

Purchase Details

Closed on
Sep 14, 1998
Sold by
Prott Inc
Bought by
Gonzalez Evelio and Gonzalez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 1997
Sold by
Restrepo Flor Maria and Hernandez Peter
Bought by
Prott Inc

Range of Values:

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Average Value
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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
75 Land Group Llc $925,000 None Listed On Document
79 Crespi Llc $372,500 Attorney
Piosum Management Inc -- None Available
Label Jacqueline $126,000 --
Gonzalez Evelio $112,000 --
Prott Inc $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 75 Land Group Llc $1,271,387
Previous Owner Muneton Mario $255,000
Previous Owner Prott Inc $100,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $925,000 -15.9% $508 / Sq Ft
08/30/2023 08/30/23 For Sale $1,100,000 -- $604 / 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
2024 $6,711 $403,330 -- --
2023 $6,711 $328,636 $0 $0
2022 $5,613 $298,760 $0 $0
2021 $4,120 $213,400 $0 $0
2020 $4,131 $213,400 $0 $0
2019 $4,136 $213,428 $0 $0
2018 $4,013 $213,428 $0 $0
2017 $3,874 $197,612 $0 $0
2016 $3,737 $179,648 $0 $0
2015 $3,405 $163,317 $0 $0
2014 $3,017 $148,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11441393

MIAMI REALTORS® MLS

APN: 02-3202-043-0030