NOT LISTED FOR SALE

808 NW 71st St Unit 1 Miami, FL 33150

Liberty City Neighborhood

Estimated Value: $710,900

-- Bed
-- Bath
-- Sq Ft
0.3 Acres

Last Sold February 13, 2017

Last sale price $350,000

Est. 103% increase in value since last sale

Current estimated payment $4,435/month

248 Days on Market

Highlights

  • 0.3 Acre Lot
  • Cooling Available
  • Central Heating
  • No HOA
  • Tile Flooring
  • 2-minute walk to Area 226 Park

About This Home

As of February 2017

Two fully rented car dealerships paying $1,200 a month each. Both tenants on a lease until December 2016. Each tenant pays their own water and power. Seller financing available with $100,000 down. Stop paying rent when you can have your own dealer for only $100k down. Property is zoned for outside storage. D1 zoning. See attachment

Last Agent to Sell the Property

Andros Sarduy

Synergy Realty Advisors License #3225429 Listed on: 06/10/2016

Last Buyer's Agent

Yara Hernandez

Century 21 Tenace Realty Inc License #3111519

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,087

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Property is zoned 70/INDUS

Parking

  • 20 Parking Spaces

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Location

  • City Lot

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for exterior electric, electricity, sewer, water
  • Assessor Parcel Number 01-31-14-019-0130

Property Details

Property Type

Other

Est. Annual Taxes

$4,087

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 2004
  • Property Sub Type: Lease
  • Business Type: Automotive
  • Directions: 808 NW 71 ST
  • Horses: No
  • Inclusions: Building & Land,Leases
  • Lease Assignable: No
  • Lot Size Acres: 0.3
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Lease
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: City Location
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 20

Utilities

  • Cooling: Central Building A/C
  • Cooling Y N: Yes
  • Electric: Other Electric
  • Electricity On Property: Yes
  • Heating: Central Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-14-019-0130
  • Current Use: Commercial Lease
  • Land Lease: No
  • Zoning: 70/INDUS
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Electricity, Sewer, Water
  • Lease Term: 1 To 3 Year Lease,Month To Month

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
Feb 13, 2017
Sold by
Yanet Terra Corp
Bought by
J J Torres Investments Inc
Seller's Agent
Andros Sarduy
Synergy Realty Advisors
Buyer's Agent
Yara Hernandez
Century 21 Tenace Realty Inc
List Price
$400,000
Sold Price
$350,000
Premium/Discount to List
-$50,000
-12.5%
Current Estimated Value
$710,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,900
Avg. Annual Appreciation
8.49%
Original Mortgage
$250,000
Outstanding Balance
$126,322
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$584,578

Purchase Details

Closed on
Jan 23, 2014
Sold by
Benny Auto Sales Service Inc
Bought by
Yanet Terra Corp

Purchase Details

Closed on
Oct 24, 2002
Sold by
Moneysavers International Inc
Bought by
Benny Auto Sales Services Inc
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
J J Torres Investments Inc $350,000 Capital Abstract & Title
Yanet Terra Corp -- None Available
Benny Auto Sales Services Inc $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J J Torres Investments Inc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2017 02/13/17 Sold $350,000 -12.5% --
02/13/2017 02/13/17 Pending -- -- --
06/10/2016 06/10/16 For Sale $400,000 -- --
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 $8,567 $334,083 -- --
2024 $7,476 $303,712 -- --
2023 $7,476 $276,102 $0 $0
2022 $7,111 $251,002 $0 $0
2021 $5,649 $228,184 $0 $0
2020 $4,418 $207,440 $202,440 $5,000
2019 $4,428 $207,440 $202,440 $5,000
2018 $4,345 $207,440 $202,440 $5,000
2017 $3,823 $180,448 $0 $0
2016 $3,938 $180,448 $0 $0
2015 $4,012 $180,448 $0 $0
2014 $3,480 $153,456 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10098219

MIAMI REALTORS® MLS

APN: 01-3114-019-0130