NOT LISTED FOR SALE

87 NW 45th Ave Miami, FL 33126

Flagami Neighborhood

Estimated Value: $703,000 - $964,000

5 Beds
3 Baths
2,510 Sq Ft
$333/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $835,000 $333 Per Sq Ft

Current estimated payment $5,605/month

17 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Coral Gables Senior High School Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2023

Central Miami Investment Opportunity. Located just 3 blocks from the crossroads of West Flagler St and Le Jeune Rd, this Duplex property includes a beautifully updated 3BD/2BA unit with a bonus 1BD/1BA efficiency attached, PLUS a 2BD/1BA unit featuring iconic terrazzo floors. The 3BD unit presents a large attractive kitchen with a snack counter and distinct dining area. The 2BD unit provides a large eat-in kitchen. The fenced, spacious shared backyard is appointed with zero-maintenance turf and tile. Both units are currently occupied by tenants; the rent requires adjustment to market value. Live in one unit, rent out the other. Rent out both units. Renovate. Rebuild. There’s a host of possibilities here, the choice is yours!

Last Agent to Sell the Property

Monica Betancourt

Coldwell Banker Realty License #3126969 Listed on: 10/27/2023

Coldwell Banker Realty

Last Buyer's Agent

Angel Angulo

The Keyes Company License #0520017

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,202

Year Built

  • Built in 1972

Lot Details

  • 7,231

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,510 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Terrazzo

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Henry Ford Sub No 1 Condos
  • Henry Ford Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-05-016-0740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,202

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: HENRY FORD SUB NO 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 2510
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: HENRY FORD SUB NO 1
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • 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: 01-41-05-016-0740
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9202

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 27, 2023
Closed on
Nov 29, 2023
Sold by
Hernandez Jorge Andres
Bought by
87 Investment Llc
Seller's Agent
Monica Betancourt
Coldwell Banker Realty
Buyer's Agent
Angel Angulo
The Keyes Company
List Price
$899,000
Sold Price
$835,000
Premium/Discount to List
-$64,000
-7.12%
Views
73
Current Estimated Value
$836,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,717
Avg. Annual Appreciation
0.11%
Original Mortgage
$200,000
Outstanding Balance
$88,470
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$748,247

Purchase Details

Closed on
Dec 15, 2016
Sold by
Torre Angel and Torre Candy
Bought by
Hernandez Jorge F

Purchase Details

Closed on
Dec 31, 2013
Sold by
Torre Candy
Bought by
Hernandez Jorge F

Purchase Details

Closed on
Aug 8, 2003
Sold by
Torre Candy and Torre Angel
Bought by
Torre Angel and Torre Candy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.52%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 2, 1997
Sold by
Torre Candy
Bought by
Torre Candy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
87 Investment Llc $835,000 None Listed On Document
Hernandez Jorge F -- Attorney
Hernandez Jorge F -- Attorney
Torre Angel -- First Interstate Title Inc
Torre Candy $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 87 Investment Llc $200,000
Previous Owner Torre Angel $100,000
Previous Owner Torre Candy $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $835,000 -7.1% $333 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $899,000 -- $358 / 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 $14,443 $692,838 $375,357 $317,481
2024 $10,423 $683,016 $361,278 $321,738
2023 $10,423 $428,331 $0 $0
2022 $9,202 $383,445 $0 $0
2021 $8,166 $348,587 $180,372 $168,215
2020 $8,067 $343,089 $173,435 $169,654
2019 $7,737 $326,843 $155,291 $171,552
2018 $8,083 $349,632 $176,637 $172,995
2017 $7,178 $302,954 $0 $0
2016 $6,383 $252,336 $0 $0
2015 $5,861 $229,397 $0 $0
2014 $5,638 $215,102 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monica Betancourt

    Seller's Agent in 2023

    Monica Betancourt

    Coldwell Banker Realty

    (305) 632-7248

    1 in this area

    118 Total Sales

    Monica Betancourt
    Section Image
  • Angel Angulo

    Buyer's Agent in 2023

    Angel Angulo

    The Keyes Company

    (305) 371-3592

    5 in this area

    27 Total Sales

    Angel Angulo
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11476904

MIAMI REALTORS® MLS

APN: 01-4105-016-0740

Florida Miami/Dade County Miami 33126 Flagami

87 NW 45th Ave, Miami, FL

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