NOT LISTED FOR SALE

Estimated Value: $792,349

3 Beds
2 Baths
2,668 Sq Ft
$297/Sq Ft Est. Value

Last Sold June 29, 2016

Last sale price $425,000 $159 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,544/month

146 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

About This Home

As of June 2016

APARTMENT BLDG OF FIVE (5) UNITS WITH 2,668 ADJ. SF & 9,018 SF LOT PER COUNTY APPRAISER. ONE-STORY DETACHED RANCH-STYLE BLDG, CBS CONSTRUCTION, SHINGLE & FLAT ROOF, MUNICIPAL WATER/SEWER, TWO (2) ELECTRIC METERS, CENTRAL+WALL/WINDOW A/C UNITS, FIVE (5) PARKING SPACES, YEAR BUILT 1948, ONE (1) WASHER & DRYER ON SITE, T5-L ZONING. INCOME: $51,000/YR, NOI: $31,982/YR. SEE ATTACHED RENT ROLL & INCOME STATEMENT. FULL ADDRESS: 650 & 652 BEACOM BLVD / FOLIO#: 01-4103-037-0570 & 0571. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

N. Robert Hernandez

RE/MAX United Realty License #3022135 Listed on: 10/07/2015

RE/MAX United Realty

Co-Listed By

Matilde Aguirre

RE/MAX United Realty License #0364522

Last Buyer's Agent

Babba Mehrpouyan

Beachfront Realty Inc License #3151736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,227

Year Built

  • Built in 1948

Lot Details

  • Property is zoned 61/COMME

Parking

  • 5 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,668 Sq Ft Home
  • 1-Story Property

Utilities

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

Listing and Financial Details

  • Total Actual Rent $51,000
  • Rent includes electricity, trash collection, water
  • Assessor Parcel Number 01-41-03-037-0570

Community Details

Overview

  • No Home Owners Association
  • Beacom Manor Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,227

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Duplex
  • Architectural Style: Detached, Ranch
  • Directions: LOCATED ON THE NW CORNER OF SW 7 ST & SW 22 AVE RD (BEACOM BLVD)
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BEACOM MANOR
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Other
  • Living Area: 2668
  • 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: BEACOM MANOR
  • Total Parking Spaces: 5

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-03-037-0570
  • Zoning: 61/COMME
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Trash Collection, Water

Multi Family

  • Net Operating Income: 31982
  • Number Of Units In Community: 4
  • Number Of Units Total: 2
  • Annual Operating Expense: 19018
  • Total Actual Rent: 51000

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Fuse Funding Fund I Llc
Bought by
Jsr Beacom Miami Llc
Current Estimated Value
$792,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,996,757
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2018
Sold by
Calle Ocho Crossroads Llc
Bought by
Trini Suites Dos Llc

Purchase Details

Listed on
Oct 7, 2015
Closed on
Jun 29, 2016
Sold by
Advocate Group Holdings Llc
Bought by
Calle Ocho Crossroads Llc
Seller's Agent
N. Robert Hernandez
RE/MAX United Realty
Buyer's Agent
Babba Mehrpouyan
Beachfront Realty Inc
List Price
$500,000
Sold Price
$425,000
Premium/Discount to List
-$75,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 9, 2006
Sold by
Arguelles Esperanza
Bought by
Advocate Group Holdings Llc

Purchase Details

Closed on
Dec 16, 2004
Sold by
Mukamal Barry E
Bought by
Advocate Group Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 4, 2002
Sold by
Rosa E Nunez I
Bought by
Beacom Manor 650 Inc
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
Jsr Beacom Miami Llc $775,000 Attorney
Trini Suites Dos Llc $800,000 Attorney
Calle Ocho Crossroads Llc $425,000 Attorney
Advocate Group Holdings Llc $156,500 None Available
Advocate Group Holdings Llc $78,000 --
Beacom Manor 650 Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jsr Beacom Miami Llc $4,996,757
Previous Owner Calle Ocho Crossroads Llc $340,000
Previous Owner Advocate Group Holdings Llc $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2016 06/29/16 Sold $425,000 -15.0% $159 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $500,000 -- $187 / 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 $4,413 $195,563 -- --
2024 $4,112 $177,785 -- --
2023 $4,112 $162,485 $0 $0
2022 $3,425 $147,714 $146,542 $1,172
2021 $2,928 $113,674 $0 $0
2020 $3,720 $156,827 $102,580 $54,247
2019 $3,728 $156,827 $102,580 $54,247
2018 $3,051 $127,518 $73,271 $54,247
2017 $3,081 $127,522 $0 $0
2016 $2,813 $103,396 $0 $0
2015 $2,614 $93,997 $0 $0
2014 $2,429 $85,452 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A2185797

MIAMI REALTORS® MLS

APN: 01-4103-037-0570