NOT LISTED FOR SALE

Estimated Value: $618,000 - $1,325,000

8 Beds
8 Baths
3,218 Sq Ft
$291/Sq Ft Est. Value

Last Sold March 16, 2016

Last sale price $415,000 $129 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $6,316/month

13 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Fenced
  • No HOA
  • Central Heating and Cooling System

About This Home

As of March 2016

INVESTMENT OPPORTUNITY with potential for 11.8% CAP rate....well-maintained 2-storey building with 4 identical units presently rented at $950 per unit on mth-to-mth basis....2-bed/2-bath units with separate patios/balconies, fully equipped kitchens and washer/dryer hookups....separate utilities including central a/c units.....no HOA or age restrictions in quiet neighborhood within minutes of Aventura Mall, Gulfstream Park & I-95...DO NOT DISTURB TENANTS FOR SHOWINGS...

Last Agent to Sell the Property

Howard Williams

MMLS Assoc.-Inactive Member License #3249625 Listed on: 01/23/2016

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Joyce Mattam

Josh Realty, Inc. License #3256967

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,983

Year Built

  • Built in 1985

Lot Details

  • 0.27

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,218 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Fenced
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Golden Heights 4 9 B Condos
  • Golden Heights 4 9 B Subdivision

Listing and Financial Details

  • Total Actual Rent $45,600
  • Rent includes gardener, pest control
  • Assessor Parcel Number 514228030480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,983

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Directions: FROM I-95....exit Hallandale Beach Blvd & head east (towards beach), south at SW 8th Ave (MLK Blvd) then west (turn right) at SW 10th St, property on left
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: Golden Heights 4-9 B
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Tile, Wood
  • Living Area: 3218
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Tar & Gravel Roof
  • Exterior Features: Balcony, Exterior Lights
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Golden Heights 4-9 B
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514228030480
  • Zoning: RM-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4983

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Total Actual Rent: 45600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 1991
Sold by
Available Not
Bought by
Available Not
Current Estimated Value
$935,000
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
Available Not $115,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Idichandy Shibu D $525,000
Closed Hart Clifton $285,000
Closed Hart Clifton $232,000
Closed Hart Clifton $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $415,000 -1.2% $129 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $420,000 -- $131 / 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 $14,788 $661,070 -- --
2024 $13,356 $661,070 -- --
2023 $13,356 $546,350 $0 $0
2022 $11,670 $496,690 $69,280 $427,410
2021 $10,982 $476,690 $0 $0
2020 $10,336 $484,700 $69,280 $415,420
2019 $9,470 $428,760 $69,280 $359,480
2018 $8,146 $368,020 $69,280 $298,740
2017 $6,974 $325,600 $0 $0
2016 $5,558 $218,300 $0 $0
2015 $4,983 $198,460 $0 $0
2014 $4,423 $180,420 $0 $0
2013 -- $173,110 $69,280 $103,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10021651

MIAMI REALTORS® MLS

APN: 51-42-28-03-0480