NOT LISTED FOR SALE

Estimated Value: $1,310,000 - $2,359,000

5 Beds
3 Baths
2,754 Sq Ft
$669/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $700,000 $254 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $11,484/month

311 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Oversized Lot
  • Tile Flooring
  • Fenced

About This Home

As of January 2018

Great investment opportunity off South Miami Ave. Multi Family zoned Lot - rare in this area. 100% occupied 4-Plex. Good Income Stream. Well maintained units with long term tenants. Walking distance to Financial District, Brickell, and Key Biscayne. 6.7% Cap Rate. Cash-on-cash return with equity in year 2 is 14.69%.

Last Agent to Sell the Property

William Alvarez

Sterling One Realty, Inc. License #3267685 Listed on: 02/21/2017

Last Buyer's Agent

Salesperson Non Member

Non-MLS Member License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,373

Year Built

  • Built in 1968

Lot Details

  • Fenced
  • Oversized Lot

Parking

  • 4 Parking Spaces

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,754 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Location

  • East of U.S. Route 1

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Holleman Park Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-41-38-001-4711

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,373

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached, Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: Holleman Park
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Tile
  • Living Area: 2754
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, East Of US 1, Oversized Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Holleman Park
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-38-001-4711
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 9373

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2025
Sold by
Walsh Leighton
Bought by
L Haus 81 Llc
Current Estimated Value
$1,841,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$418,240
Interest Rate
6.74%
Mortgage Type
Construction
Estimated Equity
$1,423,095

Purchase Details

Listed on
Feb 21, 2017
Closed on
Jan 17, 2018
Sold by
January 2018 Lauren Group Llc
Bought by
Walsh Leigton
Seller's Agent
William Alvarez
Sterling One Realty, Inc.
Buyer's Agent
Salesperson Non Member
Non-MLS Member
List Price
$780,000
Sold Price
$700,000
Premium/Discount to List
-$80,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%

Purchase Details

Closed on
Dec 2, 2008
Sold by
Cunill John and Adorno Amarilis E
Bought by
Lauren Group Llc

Purchase Details

Closed on
Feb 23, 2004
Sold by
Pinera Julio
Bought by
Adorno Amarilis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 2003
Sold by
June Investment & Consultant Group Corp
Bought by
Pinera Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,500
Interest Rate
5.82%
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
L Haus 81 Llc -- Title Professionals
L Haus 81 Llc -- Title Professionals
Walsh Leigton $700,000 Phoenix Land Title & Escrow
Lauren Group Llc -- Attorney
Adorno Amarilis E $375,000 --
Pinera Julio $311,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L Haus 81 Llc $455,000
Closed L Haus 81 Llc $455,000
Previous Owner Adorno Amarilis E $337,500
Previous Owner Pinera Julio $249,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $700,000 -7.9% $254 / Sq Ft
12/29/2017 12/29/17 Pending -- -- --
10/27/2017 10/27/17 Price Changed $760,000 -1.2% $276 / Sq Ft
08/23/2017 08/23/17 Price Changed $769,000 -1.4% $279 / Sq Ft
02/21/2017 02/21/17 For Sale $780,000 -- $283 / 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 $21,921 $988,204 -- --
2024 $19,562 $898,368 -- --
2023 $19,562 $816,699 $0 $0
2022 $16,967 $742,454 $0 $0
2021 $15,101 $674,959 $500,438 $174,521
2020 $14,655 $652,427 $477,488 $174,939
2019 $14,206 $629,894 $454,538 $175,356
2018 $11,569 $555,480 $378,675 $176,805
2017 $10,831 $452,156 $0 $0
2016 $9,905 $411,051 $0 $0
2015 $9,373 $373,683 $0 $0
2014 $8,464 $339,712 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10229167

MIAMI REALTORS® MLS

APN: 01-4138-001-4711