NOT LISTED FOR SALE
-- Beds
-- Baths
4,479 Sq Ft
1951 Built

Sale Details

Date Sold: November 30, 2020

Last sale price $1,150,000 $257 Per Sq Ft

121 Days on Market

Highlights

  • 121 Feet of Waterfront
  • Outdoor Living Area
  • Porch
  • Deck
  • No HOA
  • 5-minute walk to Tatum Park

About This Home

As of November 2020

HUGE PRICE REDUCTION - LOWEST PRICED WATERFRONT BUILDING IN NORTH BEACH (MIAMI BEACH). 5 Unit Multi-family building located just 2200 steps from the ocean, and 3 blocks from North Beach Park. All units are FULLY rented, great investment property and positive cash flow. The property is partially renovated on the interior, but with more upgrades, investor can increase monthly rents. Over 121 FT of canal/water views, fit your boat up to 35 ft! Building freshly painted, NEW ROOF installed April 2020 with 10 year warranty. Updated seawall and well maintained landscaping. A MUST SEE! SELLER MOTIVATED. NOTE: Per the City of Miami Beach, this property is located in RM-1 Zone which allows the new owner to add add'l floors to this building, creating more units total...(More units = More Income)

Last Buyer's Agent

Kim Spielvogel

Lang Realty/BR License #3091028

Lang Realty/BR
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,000

Year Built

  • Built in 1951 | Remodeled

Parking

  • 1 Parking Space

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 4,479 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Laundry Located Outside

Outdoor Features

  • Deck
  • Patio
  • Outdoor Living Area
  • Exterior Lighting
  • Outbuilding
  • Outdoor Grill
  • Porch

Lot Details

  • 121 Feet of Waterfront
  • Home fronts a canal
  • Fenced

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0232020050080

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Beach Bay Sub Subdivision

Building Details

  • Gross Income $82,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,000

Year Built

Built in 1951 | Remodeled

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1951
  • New Construction: No
  • Structure Type: Multi Family
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile, Other, Tile
  • Living Area: 4479.0
  • Stories: 2

Exterior Features

  • Exterior Features: Barbecue, Lighting, Outdoor Living Area
  • Fencing: Fenced
  • Road Frontage Type: Waterfront
  • Pool Private: No
  • Waterfront Features: Canal Front
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: Resale, Updated/Remodeled
  • Roof: Other, Shingle

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Outside
  • Cooling: Ceiling Fan(s), Other, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other, Separate Meters
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer Available
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0232020050080
  • Lot Size: 7500
  • Mobile Dim Units: Feet
  • Zoning: 3900

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 16000.0

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 82000.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Nov 18, 2020
Sold by
8430 Byron Llc
Bought by
Buyer's Agent
Kim Spielvogel
Lang Realty/BR
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,000
Outstanding Balance
$1,402,942
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 13, 2017
Closed on
Apr 27, 2018
Sold by
Barthelemy Christophe Charles
Bought by
8430 Byron Llc
Seller's Agent
Diane Leonard
Spear Realty Inc.
Buyer's Agent
Nathaniel Forbes
MMLS Assoc.-Inactive Member
List Price
$1,300,000
Sold Price
$995,000
Premium/Discount to List
-$305,000
-23.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$675,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2014
Sold by
Cmsj Holdings Llc
Bought by
Barthelemy Christophe Charles

Purchase Details

Closed on
Jun 2, 2009
Sold by
Casa Byron Llc
Bought by
Casa Byron Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
9%

Purchase Details

Closed on
Jun 7, 2007
Sold by
8430 Byron Avenue Llc
Bought by
Casa Byron Llc

Purchase Details

Closed on
Feb 19, 2004
Sold by
Eli Peter
Bought by
8430 Bryon Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,500
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2001
Sold by
Apartments Elis I
Bought by
Eli Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 1999
Sold by
Zownorega Stanley
Bought by
Eli Peter
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,150,000 None Available
8430 Byron Llc $995,000 Clear Title Services Inc
Barthelemy Christophe Charles $850,000 Attorney
Casa Byron Llc $300,000 Express Title Services Group
Casa Byron Llc $850,000 Attorney
8430 Bryon Avenue Llc $470,000 --
Eli Peter $125,000 --
Eli Peter $230,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,610,000
Previous Owner 8430 Byron Llc $675,000
Previous Owner Casa Byron Llc $300,000
Previous Owner 8430 Bryon Avenue Llc $299,500
Previous Owner Eli Peter $125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $1,150,000 -4.2% $257 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $1,200,000 +20.6% $268 / Sq Ft
04/30/2018 04/30/18 Sold $995,000 -23.5% $222 / Sq Ft View Prior Sale
03/31/2018 03/31/18 Pending -- -- --
11/13/2017 11/13/17 For Sale $1,300,000 -- $290 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,804 $13,508
2025 $1,804 $12,864
2024 $1,728 $12,252
2023 $1,626 $11,668 $0 $0
2022 $1,479 $11,113 $0 $0
2021 $1,627 $6,033 $0 $0
2020 $922 $10,080 $0 $0
2019 $908 $9,600 $0 $0
2018 $895 $8,858 $0 $0
2017 $836 $8,858 $0 $0
2016 $849 $8,876 $0 $0
2015 $923 $8,859 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A10852187

BeachesMLS (Greater Fort Lauderdale)
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