NOT LISTED FOR SALE

Estimated Value: $1,013,003 - $1,360,000

4 Beds
2 Baths
2,002 Sq Ft
$597/Sq Ft Est. Value

Last Sold February 08, 2021

Last sale price $610,000 $305 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,536/month

329 Days on Market

Highlights

  • Room in yard for a pool
  • Ceiling Fan
  • Fenced
  • Central Heating and Cooling System
  • Laundry Facilities

About This Home

As of February 2021

Steps from the Design District and within the Opportunity Zone! Great investment! Fabulous completely renovated duplex, steps from the Design District! These don't come along for sale very often, especially not in this great condition. Beautiful fenced garden, large enough for a pool. The photos speak for themselves. Walk one block to the Museums, cafes and shops of the ever expanding Design District. Large spacious light filled apartments, an ideal building within the historic part of Buena Vista East. Easy to show, use ShowAssist and give 24hrs notice please.

Last Agent to Sell the Property

Jane Russell

One Sotheby's International Re License #0677890 Listed on: 02/14/2020

One Sotheby's International Re

Last Buyer's Agent

William Dowda

EXP Realty LLC License #3345934

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,301

Year Built

  • Built in 1949

Lot Details

  • 5,009

Parking

  • 22 Parking Spaces

Home Design

  • Duplex
  • Tile Roof

Interior Spaces

  • 2,002 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Hung Metal Windows

Additional Features

  • Room in yard for a pool
  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $3,675
  • Rent includes gardener, pest control
  • Assessor Parcel Number 01-31-24-024-0750

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Biltmore Sub Condos
  • Biltmore Sub Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,301

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1949
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: BILTMORE SUB
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 2002
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Double Hung Metal

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Exterior Features: Room For Pool
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BILTMORE SUB
  • Total Parking Spaces: 22

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 01-31-24-024-0750
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Water Heater

Rental Info

  • Rent Includes: Gardener, Pest Control

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7301

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 3675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Feb 8, 2021
Sold by
Melhado Jules I and Oz Nilufer A
Bought by
Gallagher Roger and Gallagher Leyla
Seller's Agent
Jane Russell
One Sotheby's International Re
Buyer's Agent
William Dowda
EXP Realty LLC
List Price
$699,000
Sold Price
$610,000
Premium/Discount to List
-$89,000
-12.73%
Current Estimated Value
$1,195,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,751
Avg. Annual Appreciation
16.17%
Original Mortgage
$518,500
Outstanding Balance
$465,075
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$730,676

Purchase Details

Closed on
Feb 27, 2014
Sold by
Rodriguez Oscar and Desilva Darren
Bought by
Melhado Pierre and Melhado Julies I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2006
Sold by
Desilva Darren
Bought by
Desilva Darren and Rodriguez Oscar

Purchase Details

Closed on
May 13, 2005
Sold by
Lalanne Marc and Lalanne Rose
Bought by
Desilva Darren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,300
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Gallagher Roger $610,000 A & A Title Services Llc
Melhado Pierre $210,000 Attorney
Desilva Darren $218,000 Attorney
Desilva Darren $407,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Roger $518,500
Previous Owner Melhado Jules I $250,000
Previous Owner Melhado Pierre $157,500
Previous Owner Rodriguez Oscar $504,000
Previous Owner Desilva Darren $70,700
Previous Owner Desilva Darren $366,300
Previous Owner Lalanne Marc $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2021 02/08/21 Sold $610,000 -11.5% $305 / Sq Ft
11/04/2020 11/04/20 Price Changed $689,000 -1.4% $344 / Sq Ft
01/27/2020 01/27/20 For Sale $699,000 -- $349 / 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 $14,275 $712,136 $525,000 $187,136
2024 $13,799 $654,315 -- --
2023 $13,799 $594,832 $0 $0
2022 $11,876 $539,213 $400,014 $139,199
2021 $7,910 $331,860 $0 $0
2020 $7,746 $380,275 $280,904 $99,371
2019 $7,302 $370,377 $280,904 $89,473
2018 $6,797 $370,381 $280,904 $89,477
2017 $6,162 $226,666 $0 $0
2016 $6,088 $206,060 $0 $0
2015 $6,803 $271,772 $0 $0
2014 $4,941 $179,769 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10817669

MIAMI REALTORS® MLS

APN: 01-3124-024-0750