NOT LISTED FOR SALE

831 NW 24th Ave Miami, FL 33125

West Flagler Neighborhood

Estimated Value: $520,000 - $726,000

3 Beds
2 Baths
1,280 Sq Ft
$518/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $488,000 $381 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,370/month

2 Days on Market

Highlights

  • No HOA
  • Patio
  • Central Heating and Cooling System
  • Porch
  • Terrazzo Flooring
  • Fenced

About This Home

As of November 2023

INVESTOR OPPORTUNITY! This unique duplex offers two separate units, each with its own distinct character and style. The property is located in a quiet neighborhood , close to schools, parks, and downtown Miami. The property consists of a total of 3 Bedrooms/ 2 Bathrooms with terrazzo flooring and two separate private yards.

Last Agent to Sell the Property

DANIEL LOPEZ / REALTOR

United Dream Real Estate License #3265219 Listed on: 10/02/2023

Last Buyer's Agent

DANIEL LOPEZ / REALTOR

United Dream Real Estate License #3265219 Listed on: 10/02/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1956

Lot Details

  • 5,009

Parking

  • 3 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Outdoor Features

  • Patio
  • Porch

Additional Features

  • Fenced
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Riverside Farms Condos
  • Riverside Farms Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 01-31-34-038-0830

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,273

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RIVERSIDE FARMS
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Terrazzo
  • Living Area: 1280
  • Possible Use: Primary
  • Stories: 1
  • Window Features: Other Windows

Exterior Features

  • Roof: Other
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVERSIDE FARMS
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-34-038-0830
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1273

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 8, 2023
Sold by
Hernandez Pedro and Hernandez Blanca
Bought by
831 Nw 24 Ave Llc
Seller's Agent
DANIEL LOPEZ / REALTOR
United Dream Real Estate
Buyer's Agent
DANIEL LOPEZ / REALTOR
United Dream Real Estate
List Price
$500,000
Sold Price
$488,000
Premium/Discount to List
-$12,000
-2.4%
Views
83
Current Estimated Value
$663,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,225
Avg. Annual Appreciation
19.04%
Original Mortgage
$318,000
Outstanding Balance
$312,979
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$350,246

Purchase Details

Closed on
Nov 16, 1995
Sold by
Benimeli Felix A and Benimeli Alicia
Bought by
Hernandez Pedro L and Hernandez Blanca R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,400
Interest Rate
7.54%
Mortgage Type
New Conventional
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
831 Nw 24 Ave Llc $488,000 Nu World Title
Hernandez Pedro L $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 831 Nw 24 Ave Llc $318,000
Previous Owner Hernandez Pedro L $100,000
Previous Owner Hernandez Pedro L $57,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $488,000 -2.4% $381 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $500,000 -- $391 / 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 $8,867 $377,373 $200,000 $177,373
2024 $5,924 $404,683 $225,000 $179,683
2023 $5,924 $200,901 $0 $0
2022 $5,334 $182,638 $0 $0
2021 $4,666 $166,035 $0 $0
2020 $4,164 $189,083 $97,500 $91,583
2019 $3,913 $179,083 $87,500 $91,583
2018 $3,607 $169,695 $87,500 $82,195
2017 $3,243 $109,037 $0 $0
2016 $3,090 $99,125 $0 $0
2015 $2,904 $90,114 $0 $0
2014 $2,618 $81,922 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    DANIEL LOPEZ / REALTOR

    United Dream Real Estate

    1 in this area

    8 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11462448

MIAMI REALTORS® MLS

APN: 01-3134-038-0830

Florida Miami/Dade County Miami 33125 West Flagler

831 NW 24th Ave, Miami, FL

This home is located at 831 NW 24th Ave, Miami, FL 33125 since 02 October 2023 and is currently estimated at $663,225, approximately $518 per square foot. This property was built in 1956. 831 NW 24th Ave is a home located in Miami-Dade County with nearby schools including Citrus Grove Elementary School, Citrus Grove Middle School, and Miami Jackson Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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