NOT LISTED FOR SALE

Estimated Value: $499,000 - $647,000

-- Bed
-- Bath
1,208 Sq Ft
$461/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $510,000 $422 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,769/month

54 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • Heating Available
  • Concrete Block With Brick
  • Central Air
  • 1-Story Property

About This Home

As of October 2022

Beautiful permitted Duplex east of US-1 5 minutes away from everything! Duplex was being operated as an established airbnb, super-host status. Front side of the duplex is a full 1 bed 1 bathroom with a full size kitchen, living room, laundry room with washer and dryer. Back of the duplex is a spacious legal studio with a kitchenette and split unit. Great set up for a first time home buyer looking to live in one side and produce extra income! Duplex ready for immediate cash-flow. Central a/c. Roof - 2014. Enough yard space for a pool and more! Operates with 2 separate FPL meters and 1 water meter. Most furniture included in the sale. *FLOOD-INSURANCE NOT REQUIRED* Generating avg $6500 a month in high season. *Seller Motivated!*

Last Agent to Sell the Property

Michelle Reyes

Jason Mitchell Real Estate Flo License #3346217 Listed on: 08/05/2022

Jason Mitchell Real Estate Flo

Co-Listed By

Yumiko Ray

Jason Mitchell Real Estate Flo License #3354379

Last Buyer's Agent

Daniel Cordero

EXP Realty LLC License #3395063

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,594

Year Built

  • Built in 1959

Lot Details

  • 5,619

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,208 Sq Ft Home
  • 1-Story Property

Flooring

  • Terrazzo
  • Vinyl

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Hollywood Lawns Condos
  • Hollywood Lawns Subdivision

Listing and Financial Details

  • Rent includes electricity
  • Assessor Parcel Number 514210140980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,594

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Co List Office Mls Id: JNMT01
  • Co List Office Phone: 561-504-1669
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: HOLLYWOOD LAWNS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Vinyl
  • Living Area: 1208
  • Possible Use: Primary
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: HOLLYWOOD LAWNS
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514210140980
  • Zoning: 08 multi
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5594

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 14, 2022
Sold by
Torres Andrea Elisa and Torres Christian
Bought by
Pereira Francisco and Romero Sofia Caridad
Seller's Agent
Michelle Reyes
Jason Mitchell Real Estate Flo
Buyer's Agent
Daniel Cordero
EXP Realty LLC
List Price
$569,900
Sold Price
$510,000
Premium/Discount to List
-$59,900
-10.51%
Views
2
Current Estimated Value
$556,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,504
Avg. Annual Appreciation
2.91%
Original Mortgage
$500,000
Outstanding Balance
$480,641
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$75,863

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 27, 2019
Sold by
Properties By Puri Llc
Bought by
Torres Christian A
Seller's Agent
Angela Perera
Innovations Realty, Inc.
Buyer's Agent
Michelle Reyes
Jason Mitchell Real Estate Flo
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.79%
Original Mortgage
$250,381
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2014
Sold by
Duchinka Investments Corp
Bought by
Properties By Puri Llc

Purchase Details

Closed on
Dec 29, 2007
Sold by
Paradisi Hector
Bought by
Duchinka Investments Corp

Purchase Details

Closed on
Oct 5, 2006
Sold by
Torino Marcelo A
Bought by
Paradisi Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
8.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2005
Sold by
Lohmayer Marion A and Sullivan Walter
Bought by
Torino Marcelo A and Torino Duilio N

Purchase Details

Closed on
Nov 23, 1999
Sold by
Opal Krumbach Tr
Bought by
Lohmayer Marion A

Purchase Details

Closed on
Nov 25, 1995
Sold by
Krumbach Opal M
Bought by
Krumbach Tr Opal M and Ch Revocable Tr Opal M Kru B
Source: Public Records

Range of Values:

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Average Value
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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
Pereira Francisco $510,000 Title Answers
Torres Christian A $255,000 Attorney
Properties By Puri Llc $137,500 Attorney
Duchinka Investments Corp -- None Available
Paradisi Hector $306,000 Attorney
Torino Marcelo A $230,000 --
Lohmayer Marion A $105,000 --
Krumbach Tr Opal M $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pereira Francisco $500,000
Previous Owner Torres Christian A $250,381
Previous Owner Paradisi Hector $244,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2022 10/14/22 Sold $510,000 -1.7% $422 / Sq Ft
09/29/2022 09/29/22 Price Changed $519,000 0.0% $430 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
08/31/2022 08/31/22 Price Changed $519,000 -3.7% $430 / Sq Ft
08/18/2022 08/18/22 Price Changed $539,000 -1.1% $446 / Sq Ft
08/16/2022 08/16/22 Price Changed $545,000 -0.9% $451 / Sq Ft
08/15/2022 08/15/22 Price Changed $549,900 -1.8% $455 / Sq Ft
08/10/2022 08/10/22 Price Changed $559,900 -1.8% $463 / Sq Ft
08/05/2022 08/05/22 For Sale $569,900 +123.5% $472 / Sq Ft
08/27/2019 08/27/19 Sold $255,000 -1.5% $211 / Sq Ft View Prior Sale
07/22/2019 07/22/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $259,000 -- $214 / 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 -- $514,400 $67,250 $447,150
2024 $10,093 $487,160 $67,250 $419,910
2023 $10,093 $447,250 $67,250 $380,000
2022 $5,538 $237,300 $67,250 $170,050
2021 $5,594 $239,030 $67,250 $171,780
2020 $5,211 $221,250 $67,250 $154,000
2019 $4,757 $207,360 $67,250 $140,110
2018 $4,290 $190,240 $67,250 $122,990
2017 $3,855 $158,820 $0 $0
2016 $3,565 $144,390 $0 $0
2015 $3,281 $131,270 $0 $0
2014 $2,687 $102,250 $0 $0
2013 -- $92,960 $67,250 $25,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11251752

MIAMI REALTORS® MLS

APN: 51-42-10-14-0980