NOT LISTED FOR SALE

950 NE 111th St Biscayne Park, FL 33161

Estimated Value: $787,000 - $932,111

2 Beds
2 Baths
1,779 Sq Ft
$484/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $628,000 $353 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,109/month

172 Days on Market

Highlights

  • Room in yard for a pool
  • Corner Lot
  • Shed
  • Wood Flooring
  • No HOA
  • 4-minute walk to Ed Burk Recreational Park

About This Home

As of March 2023

Developers dream! A Legal duplex in exclusive Biscayne Park. 11,071 square feet of land. Barrel tile roof, CBS construction, New A/C, Newer Electrical Panel, Quartz countertops in kitchens, wood and ceramic tile floors.
Unit 952 has 3 bedrooms 2 baths, living room, kitchen, garage converted into 3rd bedroom/storage room, laundry room with laundry tub and a new generator. Can rent for $3,000 - $3,500 per month or more.
Unit 950 has 1 bedroom and 1 bathroom, living room, dining room, full kitchen rented month to month for $1,800.
There are 2 separate electrical meters and one water meter. Miami Shores Elementary school district.
Above ground pool. Price is firm.

Last Agent to Sell the Property

Pamela Hall

Pamela Hall Real Estate, LLC. License #3221692 Listed on: 09/16/2022

Last Buyer's Agent

Sebastian Pappalettera

Infinite Projects Realty, LLC. License #3124274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,969

Year Built

  • Built in 1949

Lot Details

  • Lot Dimensions are 134x83
  • Fenced
  • Corner Lot
  • Property is zoned 5900

Parking

  • 8 Parking Spaces

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,779 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds

Flooring

  • Wood
  • Ceramic Tile

Outdoor Features

  • Room in yard for a pool
  • Shed

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $21,600
  • Rent includes cable TV, gardener, sewer
  • Assessor Parcel Number 17-22-31-011-0170

Community Details

Overview

  • No Home Owners Association
  • Richards Miami Shores Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,969

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1949
  • Property Sub Type: Duplex
  • Architectural Style: Detached, Ranch
  • Horses: No
  • Inclusions: None
  • Lot Size: 134x83
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RICHARDS MIAMI SHORES
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 1779
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Exterior Features: Fruit Trees, Room For Pool
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot
  • Other Structures: Extra Building/Shed
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RICHARDS MIAMI SHORES
  • Total Parking Spaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 17-22-31-011-0170
  • Zoning: 5900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Cable TV, Gardener, Sewer

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7969

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 21600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Mar 8, 2023
Sold by
Ernst John W and Ernst Judith A
Bought by
950 Ne 111 Llc
Seller's Agent
Pamela Hall
Pamela Hall Real Estate, LLC.
Buyer's Agent
Sebastian Pappalettera
Infinite Projects Realty, LLC.
List Price
$680,000
Sold Price
$628,000
Premium/Discount to List
-$52,000
-7.65%
Views
18
Current Estimated Value
$860,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,778
Avg. Annual Appreciation
12.84%

Purchase Details

Listed on
Nov 21, 2015
Closed on
Jun 25, 2016
Sold by
950 Ne 111 Street Llc
Bought by
Ernst John W and Ernst Judith A
Seller's Agent
Patrick Duffy
Duffy Realty
Buyer's Agent
Patrick Duffy
Duffy Realty
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$335,965
Interest Rate
3.58%
Mortgage Type
VA

Purchase Details

Closed on
Feb 11, 2011
Sold by
Rondeau Farha C and Michel Ivlie C
Bought by
950 Ne 111 Street Llc

Purchase Details

Closed on
Dec 9, 2005
Sold by
Stanley David N and Stanley Mary L
Bought by
Ferdinand Jacquelin

Purchase Details

Closed on
Jun 16, 1999
Sold by
Hamilton Mary B
Bought by
Stanley David N and Stanley Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 1994
Sold by
Color Corp
Bought by
Hamilton Mary 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
950 Ne 111 Llc $628,000 --
Ernst John W $350,000 Attorney
950 Ne 111 Street Llc -- None Available
Ferdinand Jacquelin $400,000 --
Stanley David N $115,000 --
Hamilton Mary B $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ernst John W $335,965
Previous Owner Stanley David N $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2023 03/08/23 Sold $628,000 -7.6% $353 / Sq Ft
01/03/2023 01/03/23 For Sale $680,000 +8.3% $382 / Sq Ft
12/31/2022 12/31/22 Off Market $628,000 -- --
12/09/2022 12/09/22 Price Changed $680,000 -2.2% $382 / Sq Ft
11/17/2022 11/17/22 Price Changed $695,000 -2.1% $391 / Sq Ft
10/15/2022 10/15/22 Price Changed $710,000 -3.4% $399 / Sq Ft
09/16/2022 09/16/22 For Sale $735,000 +110.0% $413 / Sq Ft
06/28/2016 06/28/16 Sold $350,000 -- $183 / Sq Ft View Prior Sale
11/30/2015 11/30/15 Pending -- -- --
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 $18,556 $717,216 $575,696 $141,520
2024 $8,733 $694,558 $576,032 $118,526
2023 $8,733 $328,764 $0 $0
2022 $8,094 $317,537 $0 $0
2021 $7,969 $306,787 $0 $0
2020 $7,520 $300,848 $0 $0
2019 $7,225 $293,336 $0 $0
2018 $6,946 $289,141 $0 $0
2017 $6,782 $280,620 $0 $0
2016 $5,730 $182,949 $0 $0
2015 $5,258 $166,318 $0 $0
2014 $4,930 $151,199 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pamela Hall

    Seller's Agent in 2023

    Pamela Hall

    Pamela Hall Real Estate, LLC.

    (305) 300-3419

    1 in this area

    11 Total Sales

    Pamela Hall
    Section Image

  • S

    Buyer's Agent in 2023

    Sebastian Pappalettera

    Infinite Projects Realty, LLC.

    (954) 261-8426

    10 in this area

    30 Total Sales

    Sebastian Pappalettera
    Section Image
  • Patrick Duffy

    Seller's Agent in 2016

    Patrick Duffy

    Duffy Realty

    (786) 277-8193

    3 in this area

    67 Total Sales

    Patrick Duffy
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11273255

MIAMI REALTORS® MLS

APN: 17-2231-011-0170

Florida Miami/Dade County Biscayne Park 33161

950 NE 111th St, Biscayne Park, FL

This home is located at 950 NE 111th St, Biscayne Park, FL 33161 since 16 September 2022 and is currently estimated at $860,778, approximately $483 per square foot. This property was built in 1949. 950 NE 111th St is a home located in Miami-Dade County with nearby schools including Miami Shores Elementary School, North Miami Middle School, and North Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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