NOT LISTED FOR SALE

Estimated Value: $1,054,743 - $1,134,000

5 Beds
2 Baths
3,918 Sq Ft
$281/Sq Ft Est. Value

Sale Details

Date Sold: November 9, 2021

Last sale price $798,000 $204 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,370 / mo

358 Days on Market

Highlights

  • Wood Flooring
  • Wall Furnace
  • 1-minute walk to Cuban Memorial Plaza
  • No HOA

About This Home

As of November 2021

Sold for land value. AS IS! Corner Lot 8,450 SF on the Cuban Memorial Boulevard Park. The heart of the Little Havana Arts and Entertainment hub Calle Ocho. Miami's nationally recognized Little Havana neighborhood for its culturally- rich and colorful lifestyle. Rapid demographic, population with the overwhelming surge of growth and development in the area make it a great Investment opportunity. Possibilities to built a 4 story, 6 two bedroom unit with 6 one bedroom units with an estimated 12 parking spaces on the first floor. Centrally located near Miami International Airport, Coral Gables, Coconut Grove and Downtown Miami; only 5 mins away from the financial powerhouse of Brickell. South Beach is 15 mins away. Zoning variance maybe available. Cash buyers only!

Last Buyer's Agent

Boris Jola

Real Estate Sales Force License #3107774

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,630

Year Built

  • Built in 1935

Lot Details

  • 8,451

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,918 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0141110130270

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 1St Westmoreland Addn Subdivision

Building Details

  • Gross Income $55,200
  • Net Operating Income $34,181

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,630

Year Built

Built in 1935

Lot Details

8,451 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: GPS . Half block from calle 8 on SW 13 ave
  • Year Built: 1935
  • New Construction: No
  • Structure Type: Multi Family
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood
  • Living Area: 3918.0
  • Stories: 2

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Separate Meters, Wall Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0141110130270
  • Lot Size: 8450
  • Mobile Dim Units: Feet
  • Zoning: 5700

Multi Family

  • Property Net Operating Income: 34181.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 55200.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9630.0

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
Aug 14, 2020
Closed on
Nov 9, 2021
Sold by
Silvia Clemente
Bought by
List Price
$895,000
Sold Price
$798,000
Premium/Discount to List
-$97,000
-10.84%
Current Estimated Value
$1,099,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,686
Avg. Annual Appreciation
6.88%
Original Mortgage
$638,400
Outstanding Balance
$575,224
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$524,462

Purchase Details

Closed on
Oct 12, 2000
Sold by
Pullan Daphe V
Bought by
Clemente Silvia
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
$798,000 New Title Company Name
Clemente Silvia $187,000 --
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 $638,400
Previous Owner Clemente Silvia $158,000
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
11/09/2021 11/09/21 Sold $798,000 -10.8% $204 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
08/14/2020 08/14/20 For Sale $895,000 0.0% $228 / Sq Ft
05/15/2017 05/15/17 Rented $1,650 -2.9% --
05/10/2017 05/10/17 Under Contract -- -- --
05/07/2017 05/07/17 For Rent $1,700 +6.3% --
02/06/2015 02/06/15 Rented $1,600 +3.2% --
02/06/2015 02/06/15 For Rent $1,550 +67.6% --
01/01/2014 01/01/14 Rented $925 -2.6% --
01/01/2014 01/01/14 For Rent $950 -- --
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
2025 $15,276 $690,430
2024 $12,490 $627,664
2023 $12,490 $570,604 $465,065 $105,539
2022 $14,302 $656,911 $337,978 $318,933
2021 $9,734 $422,378 $299,957 $122,421
2020 $9,630 $416,466 $294,037 $122,429
2019 $7,180 $416,474 $294,037 $122,437
2018 $6,517 $389,775 $267,330 $122,445
2017 $5,846 $200,407 $0 $0
2016 $5,509 $182,189 $0 $0
2015 $4,887 $165,627 $0 $0
2014 $4,175 $150,570 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A10913105

BeachesMLS (Greater Fort Lauderdale)

APN: 01-4111-013-0270

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