NOT LISTED FOR SALE
-- Bed
-- Bath
2,946 Sq Ft
1929 Built

Last Sold May 22, 2024

Last sale price $1,250,000 $424 Per Sq Ft

120 Days on Market

Highlights

  • Corner Lot
  • Complete Accordion Shutters
  • Central Heating and Cooling System
  • No HOA
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of May 2024

PRICE IMPROVED. WILL NOT LAST. Turnkey rental income Triplex in Little Havana. Ideal for investor looking to start making money from day one. The current owner has done a complete internal rebuild since 1999. Five blocks from Calle 8. Hardly any vacancies in the past 10 years. Oldest appliance no more than 5 years old.

Last Agent to Sell the Property

Hector Patino

The Keyes Company License #3406284 Listed on: 01/22/2024

The Keyes Company

Last Buyer's Agent

Monika Folker

Century 21 Hansen Realty Inc License #3342648

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,723

Year Built

  • Built in 1929

Home Design

  • Quadruplex
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,946 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Complete Accordion Shutters

Lot Details

  • Fenced
  • Corner Lot

Additional Features

  • Energy-Efficient Insulation
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $87,000
  • Rent includes gardener, sewer, trash collection
  • Assessor Parcel Number 01-41-02-006-2810

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Lawrence Estates Land Cos Condos
  • Lawrence Estates Land Cos Subdivision

Building Details

  • Operating Expense $19,789
  • Net Operating Income $67,211

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,723

Year Built

Built in 1929

Listing Details

  • Property Type: Residential Income
  • Year Built: 1929
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LAWRENCE ESTATES LAND COS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2946
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Complete Accordian Shutters, Hurricane Shutters

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, Corner Lot
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE ESTATES LAND COS

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: 01-41-02-006-2810
  • Zoning: 3901
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Insulation

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection

Multi Family

  • Net Operating Income: 67211
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 19789
  • Total Actual Rent: 87000

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10723
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2024 05/22/24 Sold $1,250,000 -3.8% $424 / Sq Ft
03/14/2024 03/14/24 Price Changed $1,300,000 -7.1% $441 / Sq Ft
01/22/2024 01/22/24 For Sale $1,400,000 -- $475 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $11,088 $731,850 $375,000 $356,850
2024 $10,723 $501,057 -- --
2023 $10,723 $455,507 $0 $0
2022 $9,895 $414,098 $0 $0
2021 $8,934 $376,453 $0 $0
2020 $8,049 $342,230 $200,000 $142,230
2019 $7,927 $335,764 $200,000 $135,764
2018 $6,867 $335,764 $200,000 $135,764
2017 $6,425 $246,055 $0 $0
2016 $5,866 $223,687 $0 $0
2015 $5,381 $203,352 $0 $0
2014 $5,010 $184,866 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11516850

MIAMI REALTORS® MLS
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