NOT LISTED FOR SALE

Estimated Value: $652,628 - $829,000

4 Beds
3 Baths
1,977 Sq Ft
$390/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $315,000 $159 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $5,111/month

17 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 2-minute walk to Soar Park

About This Home

As of May 2018

CASH COW!!! Currently producing a 9% return at asking price. This legal duplex has been completely renovated. New bedrooms, new bathrooms, new kitchens, new appliances, new windows, and new A/C. There are two separate electric meters so tenants pay their own electric. The two units are rented out on 12 month leases to incredible tenants. Perfect for any investor who is looking to make a tremendous return on their money from day 1. Financial Analysis is available in the attachments. The property is producing a NOI of $31,557.58. CASH COW! Seller looking to move quickly.

Last Agent to Sell the Property

Brandon Kochen

General Cavalier Realty, LLC. License #3326378 Listed on: 04/11/2018

Last Buyer's Agent

Marcelo Notaroberto

NEXXOS REALTY LLC License #3195943

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,092

Year Built

  • Built in 1952

Lot Details

  • 7,144

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Slate Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,977 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • Griffin Gdns Condos
  • Griffin Gdns Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 30-3112-076-0170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,092

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: EAST OF I-95 off of the 79th/82nd Street Exit
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: GRIFFIN GDNS
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 1977
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Slate
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRIFFIN GDNS
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Wall/Window Unit(s)
  • 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: 30-3112-076-0170
  • Zoning: 0802 MULTIFAMILY
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3092

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2022
Sold by
Ac Apartment Rental Inc
Bought by
Miami Soar Mobile Corp
Current Estimated Value
$770,157

Purchase Details

Listed on
Apr 11, 2018
Closed on
May 21, 2018
Sold by
8240 Nw 1 Llc
Bought by
A C Apartment Rental Inc
Seller's Agent
Brandon Kochen
General Cavalier Realty, LLC.
Buyer's Agent
Marcelo Notaroberto
NEXXOS REALTY LLC
List Price
$349,900
Sold Price
$315,000
Premium/Discount to List
-$34,900
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%

Purchase Details

Listed on
May 18, 2017
Closed on
Aug 18, 2017
Sold by
Capital Gains International Llc
Bought by
8240 Nw 1 Llc
Seller's Agent
Jose Fente
Tropical Realty, Inc.
Buyer's Agent
Jose Fente
Tropical Realty, Inc.
List Price
$144,000
Sold Price
$135,000
Premium/Discount to List
-$9,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
184.64%

Purchase Details

Listed on
May 18, 2017
Closed on
Jul 18, 2017
Sold by
Bank Of America Na
Bought by
Capital Gains International Llc
Seller's Agent
Jose Fente
Tropical Realty, Inc.
Buyer's Agent
Jose Fente
Tropical Realty, Inc.
List Price
$144,000
Sold Price
$135,000
Premium/Discount to List
-$9,000
-6.25%

Purchase Details

Closed on
Mar 19, 2013
Sold by
Giralt Mayelin
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 26, 2008
Sold by
Giralt Mayelin
Bought by
Giralt Mayelin and Perez Noel

Purchase Details

Closed on
Nov 29, 2007
Sold by
L V Investments Inc
Bought by
Giralt Mayelin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,590
Interest Rate
6.29%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2007
Sold by
Lugo Lourdes
Bought by
L V Investments Inc & Premium Investment

Purchase Details

Closed on
Sep 9, 2005
Sold by
Martinez Tania
Bought by
Lugo Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.73%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 30, 2004
Sold by
Pierre Manyse and Pierre Maryse
Bought by
Martinez Tania

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
7.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 28, 2000
Sold by
Sec Of Hud
Bought by
Pierre Manyse

Purchase Details

Closed on
Jan 26, 2000
Sold by
Fleet Mortgage Corp
Bought by
Sec Of Hud

Purchase Details

Closed on
Mar 23, 1999
Sold by
Clerk Of The Court
Bought by
Fleet Mortgage Corp

Purchase Details

Closed on
Sep 13, 1995
Sold by
Robinson Avandale H and Robinson Carmeola E
Bought by
Shorecrest Homes By Chancelor Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,928
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 1995
Sold by
Shorecrest Homes Chancelor
Bought by
Davis Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,928
Interest Rate
7.76%
Mortgage Type
FHA
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
Miami Soar Mobile Corp $660,000 Estevez Law Group Pa
A C Apartment Rental Inc $315,000 South Florida Title Associat
8240 Nw 1 Llc $165,000 Couture Title And Escrow Llc
Capital Gains International Llc $135,000 Attorney
Bank Of America Na $127,900 None Available
Giralt Mayelin $300,000 Attorney
Giralt Mayelin $340,000 Blue Star Title Inc
L V Investments Inc & Premium Investment $179,200 None Available
Lugo Lourdes $250,000 C & C Title Agency Inc
Martinez Tania $175,000 Keystone Title & Escrow Inc
Pierre Manyse $59,000 --
Sec Of Hud -- --
Fleet Mortgage Corp $82,100 --
Shorecrest Homes By Chancelor Inc $31,000 --
Davis Ernest $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giralt Mayelin $310,590
Previous Owner Lugo Lourdes $200,000
Previous Owner Lugo Lourdes $50,000
Previous Owner Martinez Tania $157,500
Previous Owner Fleet Mortgage Corp $22,000
Previous Owner Fleet Mortgage Corp $82,450
Previous Owner Davis Ernest $64,928
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $315,000 -10.0% $159 / Sq Ft
04/28/2018 04/28/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $349,900 +159.2% $177 / Sq Ft
07/28/2017 07/28/17 Sold $135,000 +1.5% $68 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
07/03/2017 07/03/17 Price Changed $133,000 -7.6% $67 / Sq Ft
06/13/2017 06/13/17 For Sale $144,000 0.0% $73 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $144,000 -- $73 / 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 $11,068 $512,538 $214,500 $298,038
2024 $10,898 $569,919 $268,212 $301,707
2023 $10,898 $573,588 $268,212 $305,376
2022 $6,370 $292,056 $0 $0
2021 $5,797 $265,506 $0 $0
2020 $5,236 $240,793 $82,807 $157,986
2019 $5,145 $234,996 $74,995 $160,001
2018 $3,451 $145,190 $54,684 $90,506
2017 $3,221 $130,087 $0 $0
2016 $3,022 $119,150 $0 $0
2015 $2,871 $108,518 $0 $0
2014 $2,842 $104,355 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10447873

MIAMI REALTORS® MLS

APN: 30-3112-076-0170