Roy Lemus
The Lemus Team, Inc.
(786) 733-6853
54 Total Sales
1 in Essex Village
$600,000 Price
985 SE 1st St Hialeah, FL 33010
Essex Village NeighborhoodEstimated Value: $613,000 - $679,000
5
Beds
3
Baths
2,012
Sq Ft
$320/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating and Cooling System
- 1-Story Property
- Tile Flooring
- Ceiling Fan
- 4-minute walk to Cuban Culture in Exile Heritage Park
About This Home
As of March 2024Introducing a Hialeah gem! This duplex, situated at the end of a cul-de-sac, awaits your vision. Unit 1 offers 2 bedrooms and 1 bathroom, while Unit 2 boasts 3 bedrooms and 2 bathrooms, both currently leased below market value. Huge upside potential: These units are ready for your creative touch, offering the potential to unlock their true value. With market rents in the area soaring to $2,400 for the 2/1 and $3,200 for the 3/2, your investment possibilities are limitless. Estimated pro-forma cap rate of 8-10%. Whether you're a seasoned investor looking to maximize rental income or a homeowner seeking additional income from one of the units, this property fits the bill perfectly.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,491
Year Built
- Built in 1958
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 2,012 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Tile Flooring
Utilities
- Central Heating and Cooling System
- Separate Meters
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0431200410040
Community Details
Overview
- No Home Owners Association
- 2 Units
- Hialeah 54Th Street Addn Subdivision
Building Details
- Gross Income $2,950
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2023
Closed on
Mar 8, 2024
Sold by
Rodriguez Family Trust and Sanchez Pauline
Bought by
Buyer's Agent
Yamili Fernandez
Prestige Luxury Realty LLC
List Price
$589,000
Sold Price
$605,000
Premium/Discount to List
$16,000
2.72%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,655
Avg. Annual Appreciation
2.49%
Original Mortgage
$453,750
Interest Rate
6.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 29, 2021
Sold by
Rodriguez and Julio
Bought by
Rodriguez Family Trust
Purchase Details
Closed on
Jul 1, 2021
Sold by
Rodriguez Julio and Rodriguez Margarita
Bought by
Rodriguez Deborah and Rodriguez Julio
Purchase Details
Closed on
Feb 6, 2008
Sold by
Rodriguez Julio and Rodriguez Margarita
Bought by
Rodriguez Deborah and Rodriguez Julio
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Essex Village, FL
-
Roy Lemus
-
Lena Borrayo
Lena Borrayo
Modern World Realty
(786) 628-9528
34 Total Sales
2 in Essex Village
$510,000 Price Range
-
Elizabeth Fernandez
Elizabeth Fernandez
Responds QuicklyPrivee Real Estate INC
(786) 706-9957
53 Total Sales
1 in Essex Village
$455,000 Price
-
Carlos Cruz
Carlos Cruz
World Impact Real Estate
(888) 426-8093
44 Total Sales
1 in Essex Village
$312,000 Price
-
Mirlan Saad
Mirlan Saad
LoKation
(786) 321-8970
41 Total Sales
1 in Essex Village
$540,000 Price
-
Vivian Macias
Vivian Macias
Principal Properties, Inc.
(786) 655-9189
36 Total Sales
1 in Essex Village
$580,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $605,000 | Absolute Title Group | ||
| Rodriguez Family Trust | -- | Harris Ana C | |
| Rodriguez Deborah | -- | Attorney | |
| Rodriguez Deborah | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $591,500 | ||
| Closed | Plasencia Yoan Antonio Gonz | $453,750 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2024 03/11/24 | Sold | $605,000 | +2.7% | $301 / Sq Ft |
| 10/27/2023 10/27/23 | Pending | -- | -- | -- |
| 10/20/2023 10/20/23 | For Sale | $589,000 | -- | $293 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,727 | $504,124 | $335,503 | $168,621 |
| 2024 | $7,738 | $436,141 | ||
| 2023 | $7,738 | $396,492 | $0 | $0 |
| 2022 | $6,761 | $360,448 | $161,299 | $199,149 |
| 2021 | $5,245 | $265,788 | $0 | $0 |
| 2020 | $5,081 | $299,353 | $148,220 | $151,133 |
| 2019 | $4,777 | $292,562 | $141,136 | $151,426 |
| 2018 | $4,218 | $264,587 | $128,331 | $136,256 |
| 2017 | $3,884 | $181,538 | $0 | $0 |
| 2016 | $3,557 | $165,035 | $0 | $0 |
| 2015 | $3,051 | $150,032 | $0 | $0 |
| 2014 | $2,770 | $136,393 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Yamili Fernandez
Buyer's Agent in 2024
Yamili Fernandez
Prestige Luxury Realty LLC
(786) 487-8396
2 in this area
12 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A11472274
APN: 04-3120-041-0040
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.
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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