NOT LISTED FOR SALE

Estimated Value: $625,088 - $728,000

4 Beds
2 Baths
1,592 Sq Ft
$422/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $560,000 $352 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,490/month

9 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Central Heating and Cooling System
  • Seminole Elementary School Rated 9+
  • Tile Flooring
  • 1-Story Property

About This Home

As of January 2022

Location, Location, Location......Fantastic opportunity to own excellent income producing property in prime location. Half block from Flagler Street, close to Mall of the Americas, and with easy access to the Palmetto Expressway. Short distant to Miami Intl Airport, Coral Gables, and Downtown Miami. This duplex is located in a large lot with two rental units featuring central A/C, hurricane shutters, ample parking, in sought after rental area. This property is zoned multi-family with 2-9 units of rental property allowed by the city in the event a builder would like to construct new on the lot.

Last Agent to Sell the Property

Lidiana Baster

SunCoast 21 Realty, LLC License #3324482 Listed on: 09/21/2021

Last Buyer's Agent

Robert Madan

MMLS Assoc.-Inactive Member License #3351314

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,243

Year Built

  • Built in 1964 | Newly Remodeled

Lot Details

  • 7,710

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,592 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Corr Pl Flagami 2Nd Addn Condos
  • Corr Pl Flagami 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-02-008-0214

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,243

Year Built

Built in 1964 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Property Sub Type: Duplex
  • Architectural Style: Attached, Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: CORR PL FLAGAMI 2ND ADDN
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1592
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: CORR PL FLAGAMI 2ND ADDN
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-02-008-0214
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5243

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Jan 6, 2022
Sold by
Marisol Morales
Bought by
Garcia Aimee and Pons Francisco
Seller's Agent
Lidiana Baster
SunCoast 21 Realty, LLC
Buyer's Agent
Robert Madan
MMLS Assoc.-Inactive Member
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%
Current Estimated Value
$671,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,508
Avg. Annual Appreciation
4.84%
Original Mortgage
$524,266
Outstanding Balance
$484,783
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$177,847

Purchase Details

Closed on
Nov 27, 2018
Sold by
Bordon Armando and Bordon Estela Maria
Bought by
Bordon Armando and Bordon Estela Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2018
Sold by
Bordon Armando and Bordon Estela Maria
Bought by
Bordon Armando and Bordon Estela Maria
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
Garcia Aimee $560,000 Builders Title
Bordon Armando -- Alliance Title & Escrow Grou
Bordon Armando -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Aimee $524,266
Previous Owner Bordon Armando $607,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $560,000 -5.9% $352 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $595,000 -- $374 / 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 $9,370 $517,672 -- --
2024 $9,001 $485,246 $292,708 $192,538
2023 $9,001 $463,649 $269,700 $193,949
2022 $7,163 $318,466 $0 $0
2021 $5,536 $298,397 $0 $0
2020 $5,243 $282,032 $0 $0
2019 $5,026 $269,108 $154,023 $115,085
2018 $5,421 $280,630 $165,527 $115,103
2017 $4,945 $224,763 $0 $0
2016 $1,990 $156,284 $0 $0
2015 $1,893 $147,066 $0 $0
2014 -- $141,207 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11101367

MIAMI REALTORS® MLS

APN: 30-4002-008-0214