NOT LISTED FOR SALE

Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $987,214

5 Beds
3 Baths
3,104 Sq Ft
$318/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $765,000 $246 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,400/month

245 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Tile Flooring
  • No Heating

About This Home

As of August 2023

Centrally located duplex near downtown, Coconut Grove, Coral Gables, Miracle Mile, Beaches and Brickell. The property is minutes from all major highways and positioned in an area steadily being elevated by new and innovative developers.

Currently configured as two 3/2 units, the back unit also features a fenced yard with a gate and storage unit. Both units are on a month to month lease with undermarket rents.

Property is a great income earner today with the owners costs being low and a great development play for the future!

Last Agent to Sell the Property

Ryan Sullivan

Keller Williams Eagle Realty Brokerage Phone: 305-757-1700 License #3275793 Listed on: 08/29/2022

Keller Williams Eagle Realty

Last Buyer's Agent

Margarita Elordi

Core International Realty License #0701472

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,084

Year Built

  • Built in 1986

Lot Details

  • 7,231

Parking

  • 8 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 3,104 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units
  • Grapeland Condos
  • Grapeland Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-41-10-002-1360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,084

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1986
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: GRAPELAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 305-757-1700
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3104
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Other
  • Construction Type: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRAPELAND
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-10-002-1360
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10084

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Jul 31, 2023
Sold by
Two Ss & F Inc
Bought by
Freixas Robustiano
Seller's Agent
Ryan Sullivan
Keller Williams Eagle Realty
Buyer's Agent
Margarita Elordi
Core International Realty
List Price
$920,000
Sold Price
$765,000
Premium/Discount to List
-$155,000
-16.85%
Views
16
Current Estimated Value
$987,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,214
Avg. Annual Appreciation
12.00%
Original Mortgage
$550,000
Outstanding Balance
$537,467
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$449,747

Purchase Details

Closed on
Oct 25, 2006
Sold by
Felipe Julia F
Bought by
Two S S & F 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
Freixas Robustiano $765,000 Flamingo Title
Two S S & F Inc $570,000 Guarantee Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freixas Robustiano $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Sold $765,000 -16.8% $246 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $920,000 0.0% $296 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
09/22/2022 09/22/22 Price Changed $920,000 -5.2% $296 / Sq Ft
08/29/2022 08/29/22 For Sale $970,000 -- $313 / 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 $14,788 $770,237 -- --
2024 $12,285 $700,216 $449,257 $250,959
2023 $12,285 $516,803 $0 $0
2022 $11,035 $469,821 $0 $0
2021 $10,084 $427,110 $0 $0
2020 $9,570 $464,094 $268,299 $195,795
2019 $8,789 $422,154 $224,890 $197,264
2018 $7,899 $382,949 $177,820 $205,129
2017 $7,234 $291,723 $0 $0
2016 $6,858 $265,203 $0 $0
2015 $6,121 $241,094 $0 $0
2014 $6,108 $234,023 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Ryan Sullivan

    Keller Williams Eagle Realty

    Section Image
  • Margarita Elordi

    Buyer's Agent in 2023

    Margarita Elordi

    Core International Realty

    (305) 774-0100

    3 in this area

    30 Total Sales

    Margarita Elordi
    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A11264622

MIAMI REALTORS® MLS

APN: 01-4110-002-1360

Florida Miami/Dade County Miami 33145

Coral Way

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