NOT LISTED FOR SALE

Estimated Value: $525,000 - $566,000

Studio
-- Bath
1,394 Sq Ft
$387/Sq Ft Est. Value

Last Sold December 26, 2024

Last sale price $550,000 $395 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,360/month

114 Days on Market

Highlights

  • Old Spanish Architecture
  • Partial Accordion Shutters
  • Cooling Available
  • No HOA
  • Porch
  • 3-minute walk to Ernesto Lecuona Park

About This Home

As of December 2024

Property in good clean condition,gated 2/1 & 1/1, separate entrances, offering comfortable living spaces & strong rental income potential.Private parking for at least up to 5 vehicles.Strategically located for quick access to major highways, I-95 and SR 836, connectivity enhances the appeal for tenants who commute to work or desire easy access to Miami’s key destinations, very close to Brickell.Little Havana is renowned for its high demand in the rental market,driven by its central location & cultural appeal ensures consistent occupancy.With the ongoing development & revitalization efforts in Little Havana,this property not only provides immediate income but also offers strong potential for value appreciation.

Last Agent to Sell the Property

Michelle Chala

The Keyes Company License #3273784 Listed on: 09/03/2024

The Keyes Company

Last Buyer's Agent

Michael Cabral

Real Estate Sales Force License #3401319

Real Estate Sales Force

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,397

Year Built

  • Built in 1920

Lot Details

  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Old Spanish Architecture
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,394 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Partial Accordion Shutters

Outdoor Features

  • Shed
  • Porch

Utilities

  • Cooling Available
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 2 Units
  • Brickell Riverview Condos
  • Brickell Riverview Subdivision

Listing and Financial Details

  • Rent includes hot water, sewer, water
  • Assessor Parcel Number 01-41-38-003-3970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,397

Year Built

Built in 1920

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Property Sub Type: Duplex
  • Architectural Style: Attached, Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BRICKELL RIVERVIEW
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Tile
  • Living Area: 1394
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Partial Accordian Shutters, Hurricane Shutters, Other Windows

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BRICKELL RIVERVIEW
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: None, Window/Wall
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-38-003-3970
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Sewer, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6397

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
Sep 3, 2024
Closed on
Dec 17, 2024
Sold by
Pauli Pedro
Bought by
Bena Llc
Seller's Agent
Michelle Chala
The Keyes Company
Buyer's Agent
Michael Cabral
Real Estate Sales Force
List Price
$630,000
Sold Price
$550,000
Premium/Discount to List
-$80,000
-12.7%
Views
32
Current Estimated Value
$539,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,814
Avg. Annual Appreciation
-1.61%

Purchase Details

Closed on
Jun 21, 2018
Sold by
Cosculluela Armando
Bought by
Cosculluela Armando and Pauli Pedro
Source: Public Records
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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
Bena Llc $550,000 The Closing Firm
Bena Llc $550,000 The Closing Firm
Bena Llc $550,000 The Closing Firm
Cosculluela Armando -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2024 12/26/24 Sold $550,000 -8.3% $395 / Sq Ft
10/15/2024 10/15/24 Price Changed $600,000 -4.8% $430 / Sq Ft
09/03/2024 09/03/24 For Sale $630,000 -- $452 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $6,648 $441,057 $375,000 $66,057
2024 $6,397 $331,149 -- --
2023 $6,397 $310,270 $0 $0
2022 $5,945 $291,021 $0 $0
2021 $5,655 $272,163 $250,000 $22,163
2020 $6,557 $272,164 $250,000 $22,164
2019 $2,252 $166,511 $0 $0
2018 $1,944 $140,944 $0 $0
2017 $1,823 $74,008 $0 $0
2016 $1,677 $69,338 $0 $0
2015 $1,606 $65,440 $0 $0
2014 $1,547 $61,852 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11652286

MIAMI REALTORS® MLS

APN: 01-4138-003-3970

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