NOT LISTED FOR SALE

Estimated Value: $822,000 - $1,878,000

4 Beds
4 Baths
2,223 Sq Ft
$523/Sq Ft Est. Value

Last Sold July 10, 2012

Last sale price $257,000 $116 Per Sq Ft

Est. 353% increase in value since last sale

Current estimated payment $6,824/month

89 Days on Market

Highlights

  • Built in 1948 | Newly Remodeled
  • No HOA
  • 1-Story Property
  • Wood Flooring
  • Central Heating and Cooling System
  • 5-minute walk to Crespi Park

About This Home

As of July 2012

This Duplex is Estate owned. Very Motivated. Has 5 yr old roof/updated plumbing and electric. tenant #1 very long term and under market rents. Tenant # 2 is a family member and also under market rents. Hardwood flooring. Unit #2 totally updated. Di fficult to show therefore we would appreciate curb offers with rights of inspection for the serious investor. For owner occupants we will need 24-48 hours to set up showings AFTER BUYER DRIVES BY BUILDING. Thank you for showing and attempts to sell!

Last Agent to Sell the Property

Bill Gardener

Global Luxury Realty LLC License #3091103 Listed on: 04/01/2012

Global Luxury Realty LLC

Last Buyer's Agent

tibizaymorales morales

Gables Gate Enterprises Inc. License #3223830

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,628

Year Built

  • Built in 1948 | Newly Remodeled

Parking

  • 2 Parking Spaces

Home Design

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

Interior Spaces

  • 2,223 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Biscayne Beach Sub Condos
  • Biscayne Beach Sub Subdivision

Listing and Financial Details

  • Total Actual Rent $1,850
  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 02-32-02-008-0260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,628

Year Built

Built in 1948 | Newly Remodeled

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BISCAYNE BEACH SUB
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • LastStatus: Pending
  • CurrentPrice: 257000
  • InternetRemarks: Can be a owner occupied with rental income to assist with mortgage. Close to the beach. Newer Roof/plumbing/Electric. Owner side fully updated
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Wood
  • Living Area: 2223
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: BISCAYNE BEACH SUB
  • Total Parking Spaces: 2

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: 02-32-02-008-0260
  • Zoning: 39/MULTI

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1628

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 2
  • Total Actual Rent: 1850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2012
Closed on
Jul 9, 2012
Sold by
Mulvanerton Aida L
Bought by
Gsm Property Investments Inc
Seller's Agent
Bill Gardener
Global Luxury Realty LLC
Buyer's Agent
tibizaymorales morales
Gables Gate Enterprises Inc.
List Price
$300,000
Sold Price
$257,000
Premium/Discount to List
-$43,000
-14.33%
Current Estimated Value
$1,163,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$906,155
Avg. Annual Appreciation
11.68%

Purchase Details

Closed on
May 11, 2011
Sold by
Espinoza Rosa and Mulvanerton Francis
Bought by
Espinoza Rosa

Purchase Details

Closed on
Oct 29, 1993
Sold by
Brafman Rosa
Bought by
Espinosa Rosa and Mulvanerton Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.03%
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
Gsm Property Investments Inc $257,000 Attorney
Espinoza Rosa -- Attorney
Espinosa Rosa $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espinosa Rosa $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2012 07/10/12 Sold $257,000 -14.3% $116 / Sq Ft
06/29/2012 06/29/12 Pending -- -- --
04/01/2012 04/01/12 For Sale $300,000 -- $135 / 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 $10,053 $555,971 -- --
2024 $9,176 $505,429 -- --
2023 $9,176 $459,481 $0 $0
2022 $8,609 $417,710 $0 $0
2021 $7,332 $379,737 $367,250 $12,487
2020 $7,133 $385,853 $367,250 $18,603
2019 $6,742 $385,856 $367,250 $18,606
2018 $0 $357,610 $339,000 $18,610
2017 $5,942 $269,174 $0 $0
2016 $5,832 $244,704 $0 $0
2015 $1,406 $222,459 $0 $0
2014 $1,406 $202,236 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1625282

MIAMI REALTORS® MLS

APN: 02-3202-008-0260

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