$275,000
SOLD JUN 11, 2024
3 Beds
2 Baths
1,090 Sq Ft
$485/mo HOA Fee

Recently Sold

$252 Per Sq Ft

21% Below List Price

55 Days on Market

Highlights

  • Old Spanish Architecture
  • Community Pool
  • Views
  • Miami Lakes Middle School Rated A-
  • Balcony
  • Tile Flooring

About This Home

As of June 2024

Investor opportunity!!!! Great apartment in exceptionally good condition, located in a central area. Nice and quiet complex. Three assigned parking. Water is included in the association fee. Easy access to the pool. Stainless steel appliances. Washer and Dryer in unit.Seller will contribute with $10,000.00 toward closing costs if the offer is full price.

Last Agent to Sell the Property

Rene Cruz Hernandez

Ocean Palms Realty Associates, LLC. License #3342882 Listed on: 03/18/2024

Last Buyer's Agent

Laura Cantillo

First Service Realty ERA License #3524070

First Service Realty ERA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,865

Year Built

  • Built in 1971

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Old Spanish Architecture
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,090 Sq Ft Home
  • 3-Story Property
  • Tile Flooring
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Schools

  • North Twin Lakes Elementary School
  • Miami Lakes Middle School
  • Hialeah-Miami Lakes High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04-20-25-086-0470

Community Details

Overview

  • Low-Rise Condominium
  • Los Palacios Condos
  • Los Palacios By Miami Lake Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,865

Year Built

Built in 1971

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Architectural Style: Old Spanish
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: LOS PALACIOS BY MIAMI LAKE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1090
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LOS PALACIOS
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Other

Condo/Co-op/Association

  • Association Fee: 485
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: North Twin Lakes
  • High School: Hialeah-Miami Lakes
  • Middle Or Junior School: Miami Lakes

Lot Info

  • Parcel Number: 04-20-25-086-0470
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2865

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jun 11, 2024
Sold by
Alvarez Tahyra
Bought by
Nimalath Management Llc
Seller's Agent
Laura Cantillo
First Service Realty ERA
Buyer's Agent
Yaima Caballero Peralta
Fortex Realty Inc
Sold Price
$2,550
Views
8
Current Estimated Value
$291,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,718
Avg. Annual Appreciation
4.48%

Purchase Details

Closed on
May 18, 2006
Sold by
Sherwood Condo Holdings Llc
Bought by
Alvarez Tahyra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,992
Interest Rate
1%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $275,000 Coronado Title
Warranty Deed $205,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $163,992 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Rented $2,550 -1.9% --
06/22/2024 06/22/24 Price Changed $2,600 -3.7% $2 / Sq Ft
06/14/2024 06/14/24 For Rent $2,700 0.0% --
06/11/2024 06/11/24 Sold $275,000 -5.2% $252 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
04/29/2024 04/29/24 Price Changed $290,000 -3.0% $266 / Sq Ft
04/22/2024 04/22/24 Price Changed $299,000 -0.3% $274 / Sq Ft
04/16/2024 04/16/24 Price Changed $299,900 -3.3% $275 / Sq Ft
04/12/2024 04/12/24 Price Changed $310,000 -3.1% $284 / Sq Ft
04/11/2024 04/11/24 Price Changed $319,900 0.0% $293 / Sq Ft
03/26/2024 03/26/24 Price Changed $320,000 -5.9% $294 / Sq Ft
03/20/2024 03/20/24 Price Changed $340,000 -2.9% $312 / Sq Ft
03/18/2024 03/18/24 For Sale $350,000 0.0% $321 / Sq Ft
08/28/2020 08/28/20 Rented $1,800 0.0% --
08/06/2020 08/06/20 Under Contract -- -- --
08/01/2020 08/01/20 For Rent $1,800 -- --
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 $3,191 $216,517 -- --
2024 $2,984 $146,042 -- --
2023 $2,984 $132,766 $0 $0
2022 $2,461 $120,697 $0 $0
2021 $2,296 $109,725 $0 $0
2020 $2,183 $135,600 $0 $0
2019 $2,098 $138,342 $0 $0
2018 $1,809 $119,260 $0 $0
2017 $1,692 $74,945 $0 $0
2016 $1,611 $68,132 $0 $0
2015 $1,497 $61,939 $0 $0
2014 $1,287 $56,309 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11551987

MIAMI REALTORS® MLS

APN: 04-2025-086-0470