NOT LISTED FOR SALE

Miami, FL 33125

West Flagler Neighborhood

Estimated Value: $638,847 - $915,000

4 Beds
2 Baths
2,137 Sq Ft
$393/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $885,000 $414 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,268/month

101 Days on Market

Highlights

  • Green Energy Generation
  • Complete Impact Glass
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of February 2024

Fully Renovated Multifamily. The property and the Units are fully renovated and beautifully improved. This is the perfect property for an investor seeking a steady stream of income.
Great opportunity for Investors. Duplex is used as Fourplex. List of updates and rental information upon request.

Last Agent to Sell the Property

Carolina Gil

Caralex Intl Realty Group Corp License #3287054 Listed on: 11/02/2023

Co-Listed By

Alejandro Gil

Caralex Intl Realty Group Corp License #3510736

Last Buyer's Agent

Carlos Fernandez

Douglas Elliman License #3365190

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,875

Year Built

  • Built in 1965

Lot Details

  • 5,009

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,137 Sq Ft Home
  • 1-Story Property
  • Complete Impact Glass

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Green Energy Generation

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Riverside Farms Condos
  • Riverside Farms Subdivision

Listing and Financial Details

  • Rent includes electricity, sewer, trash collection, water
  • Assessor Parcel Number 01-31-34-038-0591

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,875

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1965
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Co List Office Mls Id: CRLX01
  • Co List Office Phone: 786-239-0155
  • Directions: Google Maps
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RIVERSIDE FARMS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Other
  • Living Area: 2137
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Complete Impact Glass

Exterior Features

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

Garage/Parking

  • Park Building Name: RIVERSIDE FARMS
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-34-038-0591
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Energy Generation, HVAC

Rental Info

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

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8875

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Feb 21, 2024
Sold by
Castillero Santana Jennifer
Bought by
Fernandez Rafael and Fernandez Ofelia
Seller's Agent
Carolina Gil
Caralex Intl Realty Group Corp
Buyer's Agent
Carlos Fernandez
Douglas Elliman
List Price
$1,000,000
Sold Price
$885,000
Premium/Discount to List
-$115,000
-11.5%
Views
50
Current Estimated Value
$838,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,038
Avg. Annual Appreciation
-3.20%
Original Mortgage
$514,800
Outstanding Balance
$505,685
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$333,277

Purchase Details

Closed on
Sep 30, 2021
Sold by
Sabina Rolando and Sabina Sandra M
Bought by
Santana Jennifer Castillero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,668
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2000
Sold by
Sabina Osvaldo R
Bought by
Sabina Osvaldo G and Sabina Rolando
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
Fernandez Rafael $885,000 None Listed On Document
Santana Jennifer Castillero $460,000 Attorney
Sabina Osvaldo G $57,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Rafael $514,800
Previous Owner Santana Jennifer Castillero $451,668
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $885,000 0.0% $414 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
02/07/2024 02/07/24 Price Changed $885,000 -1.7% $414 / Sq Ft
02/07/2024 02/07/24 Price Changed $900,000 -5.3% $421 / Sq Ft
01/16/2024 01/16/24 Price Changed $950,000 -5.0% $445 / Sq Ft
11/02/2023 11/02/23 For Sale $1,000,000 0.0% $468 / Sq Ft
09/01/2023 09/01/23 Rented $2,600 0.0% --
08/20/2023 08/20/23 Under Contract -- -- --
08/09/2023 08/09/23 For Rent $2,600 0.0% --
08/07/2022 08/07/22 Rented $2,600 0.0% --
07/29/2022 07/29/22 For Rent $2,600 -- --
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 $9,628 $522,806 $200,000 $322,806
2024 $9,729 $442,656 $225,000 $217,656
2023 $9,729 $433,023 $0 $0
2022 $8,875 $393,658 $175,000 $218,658
2021 $5,932 $230,020 $0 $0
2020 $4,900 $218,326 $97,500 $120,826
2019 $4,602 $208,326 $87,500 $120,826
2018 $4,220 $195,826 $87,500 $108,326
2017 $3,797 $136,980 $0 $0
2016 $3,623 $124,528 $0 $0
2015 $3,420 $113,208 $0 $0
2014 $3,094 $102,917 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carolina Gil

    Seller's Agent in 2024

    Carolina Gil

    Caralex Intl Realty Group Corp

    (561) 537-6438

    2 in this area

    160 Total Sales

    Carolina Gil
    Section Image

  • A

    Seller Co-Listing Agent in 2024

    Alejandro Gil

    Caralex Intl Realty Group Corp

    (786) 239-0155

    2 in this area

    86 Total Sales

    Alejandro Gil
    Section Image

  • C

    Buyer's Agent in 2024

    Carlos Fernandez

    Douglas Elliman

    (786) 375-5725

    1 in this area

    10 Total Sales

    Carlos Fernandez
    Section Image
  • Lucy Elias

    Seller's Agent in 2023

    Lucy Elias

    United Real Estate Miami

    (786) 312-4145

    27 Total Sales

    Lucy Elias
    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A11479011

MIAMI REALTORS® MLS

APN: 01-3134-038-0591

Florida Miami/Dade County Miami 33125

West Flagler

This home since 02 November 2023 and is currently estimated at $838,962, approximately $392 per square foot. This property was built in 1965. This home is a home located in Miami-Dade County with nearby schools including Citrus Grove Elementary School, Citrus Grove Middle School, and Miami Jackson Senior High School.

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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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