NOT LISTED FOR SALE
1 Bed
4 Baths
3,274 Sq Ft
1950 Built

Last Sold January 21, 2015

Last sale price $600,000 $183 Per Sq Ft

93 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Coral Gables Senior High School Rated A-
  • Tile Flooring
  • 1-Story Property

About This Home

As of January 2015

GREAT INVESTMENT! Two Multifamily Buildings, 3061 and 3065 SW 27 LN with two different folio numbers. There are 8 units/ Current Monthly Rental Income is: $5,600 (4 units totaling $2,700 - 2 units totaling $1,400 and 2 units totaling $1,500). There is add itional income from the Laundry Rooms.. All units are in great condition and ALWAYS RENTED.. Both buildings recently completed the 40 Year Recertification. CAP RATE OVER 8% Don't miss out this opportunity!

Last Agent to Sell the Property

Rodolfo Alonso

La Playa Properties Group Inc License #3070527 Listed on: 10/14/2014

Last Buyer's Agent

Lourdes Avino

Jorge R. Avino, Lic. Broker License #3289388

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,858

Year Built

  • Built in 1950

Lot Details

  • Property is zoned 39/MULTI

Parking

  • 8 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,274 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Com Silver Bluff Subdivision, Twin Bldgs 8 Units Floorplan

Listing and Financial Details

  • Total Actual Rent $67,200
  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 01-41-16-035-0660

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,858

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • Master Model: Twin Bldgs 8 units
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: COM SILVER BLUFF
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3274
  • Possible Use: Investment
  • 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: COM SILVER BLUFF
  • Total Parking Spaces: 8

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-16-035-0660
  • Zoning: 39/MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3858

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 8
  • Annual Operating Expense: 16940
  • Total Actual Rent: 67200

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2015 01/21/15 Sold $600,000 -3.2% $183 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
10/14/2014 10/14/14 For Sale $620,000 -- $189 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A2019300

MIAMI REALTORS® MLS