NOT LISTED FOR SALE

8920 SW 148th St Palmetto Bay, FL 33176

Estimated Value: $861,419 - $933,000

4 Beds
4 Baths
2,444 Sq Ft
$363/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $610,000 $250 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,598/month

2 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Coral Reef Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of April 2022

Great opportunity to own a duplex in Palmetto Bay in the Coral Reef, Southwood Palmetto school district. Walk to Publix, the busway and other shopping. Roof is 2 years old. Property could use updating but has large rooms and backyards. Owner is on one side and tenant is month to month on the other side so the entire property can be vacant so it can be updated, and top rents collected. Property is in Flood Zone X so no flood insurance is required.

Last Agent to Sell the Property

Judy Wolf-Seigel

Coldwell Banker Realty License #0500377 Listed on: 02/03/2022

Coldwell Banker Realty

Last Buyer's Agent

Judy Wolf-Seigel

Coldwell Banker Realty License #0500377 Listed on: 02/03/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,465

Year Built

  • Built in 1966

Lot Details

  • 10,019

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,444 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Laurel Hill Condos
  • Laurel Hill Subdivision

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 33-50-21-010-0010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,465

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1966
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: LAUREL HILL
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2444
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAUREL HILL
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • 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: 33-50-21-010-0010
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5465

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2017
Sold by
Fawcett James W
Bought by
Qiao Jianzhong and Fang Tianbin
Current Estimated Value
$886,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$216,016
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$670,589
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
Qiao Jianzhong $350,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiao Jianzhong $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $610,000 +1.7% $250 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $599,900 -- $245 / 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 $11,501 $628,532 -- --
2024 $10,232 $571,393 -- --
2023 $10,232 $519,449 $350,560 $168,889
2022 $5,922 $291,609 $0 $0
2021 $5,465 $273,447 $0 $0
2020 $4,946 $258,702 $118,233 $140,469
2019 $4,949 $258,702 $118,233 $140,469
2018 $4,815 $258,702 $118,233 $140,469
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11155326

MIAMI REALTORS® MLS

APN: 33-5021-010-0010