NOT LISTED FOR SALE

Estimated Value: $707,113 - $796,000

4 Beds
4 Baths
2,094 Sq Ft
$360/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $710,000 $339 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,941/month

88 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Flagami Elementary School Rated A-
  • Vinyl Flooring

About This Home

As of January 2024

Charming duplex in the heart of Miami, zoned for 2-9 units, currently functions as two spacious units: Unit 1 offering 3 bedrooms and 3 bathrooms, and Unit 2 offering 1 bedroom and 1 bathroom. This versatile property presents a unique opportunity for buyers seeking connected living spaces or independent units. Equipped with 4 mini-splits, it's primed for potential additional units. The property has 1 electrical and water meter. Ready to move in or rent, it's conveniently located next to Palmetto Expressway and 8th St, placing you in the vibrant center of city life. A smart investment or your new home awaits!

Last Agent to Sell the Property

Bibiana Pelaez

Canvas Real Estate License #3363618 Listed on: 10/13/2023

Canvas Real Estate

Last Buyer's Agent

Alfred Petiti

Preferred Realty & Investments License #3066336

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,683

Year Built

  • Built in 1951

Lot Details

  • 8,233

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,094 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Miami Gateway Amd Condos
  • Miami Gateway Amd Subdivision

Listing and Financial Details

  • Rent includes electricity, sewer, water
  • Assessor Parcel Number 30-40-11-022-0230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,683

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1951
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: Follow GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: MIAMI GATEWAY AMD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 2094
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: MIAMI GATEWAY AMD

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-11-022-0230
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Sewer, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7683

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Jan 8, 2024
Sold by
Nunez Investment Group Llc
Bought by
Gqh V Llc
Seller's Agent
Bibiana Pelaez
Canvas Real Estate
Buyer's Agent
Alfred Petiti
Preferred Realty & Investments
List Price
$789,900
Sold Price
$710,000
Premium/Discount to List
-$79,900
-10.12%
Views
96
Current Estimated Value
$753,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,528
Avg. Annual Appreciation
4.70%
Original Mortgage
$497,000
Outstanding Balance
$489,609
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$275,564

Purchase Details

Closed on
Aug 7, 2023
Sold by
G & B Florida Group Llc
Bought by
Nunez Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.9%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 25, 2018
Closed on
Jul 3, 2019
Sold by
All About Real Estate Llc
Bought by
G & B Florida Group Llc
Seller's Agent
Rafael Descarga
Miami Trust Realty Inc
Buyer's Agent
Petru Pusta
Kariza Capital Realty, LLC
List Price
$330,000
Sold Price
$285,123
Premium/Discount to List
-$44,877
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.41%
Original Mortgage
$250,000
Interest Rate
3.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 4, 2018
Sold by
United States Of America
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 5, 2002
Sold by
Gustavo Gonzalez I
Bought by
Herrera Rigoberto and Chong Maylene

Purchase Details

Closed on
Sep 2, 1994
Sold by
Cabrera Ramon and Cabrera Felicia I
Bought by
Rozada Francisco J and Rozada Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.44%
Mortgage Type
Purchase Money Mortgage
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
Gqh V Llc $710,000 None Listed On Document
Nunez Investment Group Llc $600,000 Cooperative Title Agency
G & B Florida Group Llc $309,000 None Available
All About Real Estate Llc $285,200 Attorney
Federal National Mortgage Association $325,100 None Available
Herrera Rigoberto $175,000 --
Rozada Francisco J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gqh V Llc $497,000
Previous Owner Nunez Investment Group Llc $492,000
Previous Owner G & B Florida Group Llc $416,500
Previous Owner G & B Florida Group Llc $307,500
Previous Owner G & B Florida Group Llc $250,000
Previous Owner Rozada Francisco J $544,185
Previous Owner Rosada Francisco J $113,000
Previous Owner Rozada Francisco J $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $710,000 -4.7% $339 / Sq Ft
11/08/2023 11/08/23 Price Changed $744,900 -2.0% $356 / Sq Ft
10/20/2023 10/20/23 Price Changed $759,900 -3.8% $363 / Sq Ft
10/13/2023 10/13/23 For Sale $789,900 0.0% $377 / Sq Ft
03/15/2022 03/15/22 Rented $3,500 +6.1% --
03/09/2022 03/09/22 Under Contract -- -- --
03/07/2022 03/07/22 For Rent $3,300 0.0% --
07/03/2019 07/03/19 Sold $285,123 0.0% $184 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/28/2019 05/28/19 Price Changed $285,000 -3.4% $184 / Sq Ft
04/29/2019 04/29/19 Price Changed $295,000 -2.8% $190 / Sq Ft
03/26/2019 03/26/19 Price Changed $303,500 -4.9% $196 / Sq Ft
02/25/2019 02/25/19 Price Changed $319,000 -3.0% $206 / Sq Ft
11/28/2018 11/28/18 Price Changed $329,000 -0.3% $212 / Sq Ft
10/25/2018 10/25/18 For Sale $330,000 -- $213 / 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 $10,119 $636,768 $425,250 $211,518
2024 $8,507 $555,933 $315,000 $240,933
2023 $8,507 $434,000 $0 $0
2022 $7,683 $394,546 $0 $0
2021 $6,799 $358,679 $194,906 $163,773
2020 $6,452 $337,976 $173,242 $164,734
2019 $5,762 $300,294 $150,645 $149,649
2018 $4,972 $261,852 $143,455 $118,397
2017 $4,613 $236,919 $0 $0
2016 $1,473 $124,678 $0 $0
2015 $1,489 $123,812 $0 $0
2014 $1,509 $122,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11468951

MIAMI REALTORS® MLS

APN: 30-4011-022-0230