NOT LISTED FOR SALE
-- Bed
-- Bath
5,194 Sq Ft
4,792 Sq Ft Lot

Last Sold July 15, 2022

Last sale price $620,000 $119 Per Sq Ft

211 Days on Market

Highlights

  • Room in yard for a pool
  • Ceramic Tile Flooring
  • Fenced
  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of July 2022

OPPORTUNITY ZONE. Must be purchased with MLS # A11103461, A11103982, A11103972, A11104020, package of 23 total rentable units. 1 - 3/2, 3 - 2/2, 18 - 2/1, 1 - office/warehouse. All right next to each other. Rents below current market values. All long term tenants. Most pay for their own water, electricity, garbage. Current cap rate at 7% with market rent adjustments cap rate can easily be over 9%. Asking price $160,000 a door. Proof of funds and/or pre-approval for details. PLEASE DO NOT DISTURB THE TENANTS, for any reason....
Accepting Back-up offers....

This is a 4-plex, on 2 lots. 1 unit - 3/2 private fenced in parking, 3 units - 2/2. Very big units, each one has a huge private fenced in yard and private parking in the front. Storage garage as well.

Last Agent to Sell the Property

Marcello Trovato

Ferrarri International Realty License #3449204 Listed on: 09/30/2021

Last Buyer's Agent

Evelyn Hsu

American Realty Capital Group, LLC. License #3397661

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,830

Year Built

  • Built in 1967

Lot Details

  • 4,792

Parking

  • 15 Parking Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,194 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Room in yard for a pool
  • Exterior Lighting

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 16-78-25-005-0056

Community Details

Overview

  • No Home Owners Association
  • Palm Ave Heights Condos
  • Palm Ave Heights Subdivision

Building Details

  • Operating Expense $5,938
  • Net Operating Income $42,062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,830

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1967
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Directions: Please DO NOT DISTURB THE TENANTS.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: PALM AVE HEIGHTS
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Other, Tile
  • Living Area: 5194
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Concrete
  • Exterior Features: Exterior Cat Walk, Exterior Lights, Room For Pool
  • Construction Type: CBS Construction, Slab Construction
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PALM AVE HEIGHTS
  • Total Parking Spaces: 15

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 16-78-25-005-0056
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Water

Multi Family

  • Net Operating Income: 42062
  • Number Of Units In Community: 1
  • Number Of Units Total: 4
  • Annual Operating Expense: 5938

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5830

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $620,000 -3.1% $119 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/21/2022 04/21/22 Price Changed $640,000 -8.6% $123 / Sq Ft
04/20/2022 04/20/22 For Sale $699,999 0.0% $135 / Sq Ft
04/20/2022 04/20/22 Price Changed $699,999 +16.7% $135 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
09/30/2021 09/30/21 For Sale $599,999 -- $116 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Source: MIAMI REALTORS® MLS

MLS Number: A11103461

MIAMI REALTORS® MLS