NOT LISTED FOR SALE

8990 SW 112th St Miami, FL 33176

Estimated Value: $1,441,000 - $1,617,201

2 Beds
1 Bath
2,430 Sq Ft
$635/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $1,500,000 $617 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,678/month

17 Days on Market

Highlights

  • In Ground Pool
  • 50,094 Sq Ft lot
  • No HOA
  • Vineland K-8 Center Rated A-
  • Garden View
  • Cooling Available

About This Home

As of April 2024

Extraordinary investment opportunity in the heart of a tranquil and sought-after community near Pinecrest. Great comps across the street. This expansive property has great investment potential, presents not one, but three compelling options. 1. Custom build your dream home, meticulously designed to cater to your every need, surrounded by serene beauty. 2. For a diversified approach build two Custom Homes. The flexibility to retain one for personal use and sell the other positions you to capitalize on the robust real estate market in this highly coveted area. 3. Maximize profit with three separate dwellings. Unlock the full potential of this investment by leveraging the property's zoning. This strategic advantage opens the door to a substantial opportunity to make over a million in profit.

Last Agent to Sell the Property

Richard Collar

Pellego, LLC License #3544220 Listed on: 02/12/2024

Pellego, LLC

Last Buyer's Agent

Richard Collar

Pellego, LLC License #3544220 Listed on: 02/12/2024

Pellego, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,131

Year Built

  • Built in 1952

Lot Details

  • 1.15 Acre Lot
  • North Facing Home
  • Fenced
  • Property is zoned 2300

Interior Spaces

  • 2,430 Sq Ft Home
  • 1-Story Property
  • Awning
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Shed

Utilities

  • Cooling Available
  • Central Heating
  • Reverse Cycle Heating System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2300 Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-50-09-000-1220

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,131

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: 2300 Estates
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Other
  • Spa Yn: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2430
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: Garden, None
  • Exterior Features: Fruit Trees
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Awning(s)
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 2300 Estates

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Reverse Cycle Unit
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-50-09-000-1220
  • Lot Size Sq Ft: 50094
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2025
Sold by
Fouteen Inc
Bought by
Rafi A & L Home Developers Llc
Current Estimated Value
$1,543,300

Purchase Details

Listed on
Feb 12, 2024
Closed on
Apr 23, 2024
Sold by
Betancourt Michael A
Bought by
Fouteen Inc
Seller's Agent
Richard Collar
Pellego, LLC
Buyer's Agent
Richard Collar
Pellego, LLC
List Price
$1,500,000
Sold Price
$1,500,000
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%

Purchase Details

Closed on
Feb 18, 1994
Sold by
Schwitalla Alphonse M and Schwitalla Mary Lou
Bought by
Betancourt Michael A and Betancourt Ramon

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
8.07%
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
Rafi A & L Home Developers Llc $1,600,000 Mg Title
Rafi A & L Home Developers Llc $1,600,000 Mg Title
Fouteen Inc $1,500,000 None Listed On Document
Fouteen Inc $1,500,000 None Listed On Document
Betancourt Michael A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Betancourt Michael A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2024 04/24/24 Sold $1,500,000 0.0% $617 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $1,500,000 -- $617 / 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 $7,194 $1,406,702 $1,402,632 $4,070
2024 $6,864 $451,864 -- --
2023 $6,864 $438,703 $0 $0
2022 $6,596 $425,926 $0 $0
2021 $6,569 $413,521 $0 $0
2020 $6,491 $407,812 $0 $0
2019 $6,347 $398,644 $0 $0
2018 $0 $391,211 $0 $0
2017 $5,947 $383,165 $0 $0
2016 $5,957 $375,285 $0 $0
2015 $6,339 $372,677 $0 $0
2014 $6,339 $369,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11531893

MIAMI REALTORS® MLS

APN: 30-5009-000-1220