NOT LISTED FOR SALE

Estimated Value: $719,000 - $804,000

5 Beds
3 Baths
2,015 Sq Ft
$375/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2025

Last sale price $725,000 $360 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,275 / mo

7 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of August 2025

Investor opportunity to own this 5/3 Duplex in the heart of Miami! Potential Cap Rate of 9% - Monthly Rental Market value on these 2 units (3/2) $3250-$3450 & (2/1) $2950-$3100Minutes from Miami International Airport and main highway.

Last Agent to Sell the Property

Jennifer Fragomeno

Turn Key International Realty, License #3026049 Listed on: 07/24/2025

Last Buyer's Agent

Hugo Lopez

My Realty Group, LLC. License #3309360

My Realty Group, LLC.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,301

Year Built

  • Built in 1973

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,015 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Schools

  • Melrose Elementary School
  • Brownsville Middle School
  • Miami Northwestern High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3031280112590

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Melrose Heights 3Rd Addn Subdivision

Building Details

  • Gross Income $6,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,301

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1973
  • Structure Type: Duplex
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2015.0
  • Stories: 1

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Roof: Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Separate Meters
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Melrose
  • High School: Miami Northwestern
  • Middle Or Junior School: Brownsville

Lot Info

  • Parcel #: 3031280112590
  • Mobile Dim Units: Feet
  • Zoning: 5700

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6301.0

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 6500.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2025
Closed on
Aug 18, 2025
Sold by
Varela Manuel and Varela Carmen
Bought by
Seller's Agent
Jennifer Fragomeno
Turn Key International Realty,
Buyer's Agent
Hugo Lopez
My Realty Group, LLC.
List Price
$734,999
Sold Price
$725,000
Premium/Discount to List
-$9,999
-1.36%
Views
1
Current Estimated Value
$676,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,659
Avg. Annual Appreciation
3.86%
Original Mortgage
$711,868
Outstanding Balance
$705,581
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$49,660

Purchase Details

Closed on
Jan 17, 2018
Sold by
Varela Manuel
Bought by
Varela Manuel and Varela Carmen

Purchase Details

Closed on
May 13, 2011
Sold by
Varela Maria
Bought by
Varela Maria and Varelajr Manuel

Purchase Details

Closed on
Sep 12, 1995
Sold by
Varela Maria and Varela Manuel
Bought by
Varela Maria
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$725,000 Unlimited Title Group
Varela Manuel -- Attorney
Varela Maria -- Attorney
Varela Maria -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $711,868
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/18/2025 08/18/25 Sold $725,000 -1.4% $360 / Sq Ft
07/31/2025 07/31/25 Pending -- -- --
07/24/2025 07/24/25 For Sale $734,999 -- $365 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,301 $221,181
2024 $5,593 $200,450
2023 $5,593 $182,228 $0 $0
2022 $4,970 $165,662 $0 $0
2021 $4,524 $150,602 $0 $0
2020 $4,237 $254,340 $113,837 $140,503
2019 $3,802 $210,669 $69,023 $141,646
2018 $3,612 $219,541 $69,023 $150,518
2017 $3,172 $102,864 $0 $0
2016 $2,741 $93,513 $0 $0
2015 $2,692 $85,012 $0 $0
2014 $2,336 $77,284 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11846324

BeachesMLS (Greater Fort Lauderdale)

APN: 30-3128-011-2590

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