NOT LISTED FOR SALE

Miami, FL 33142

Allapattah Neighborhood

Estimated Value: $635,503 - $773,000

6 Beds
3 Baths
2,238 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $625,000 $279 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,159/month

22 Days on Market

Highlights

  • No HOA
  • Shed
  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Fenced

About This Home

As of June 2022

AMAZING INVESTMENT OPPORTUNITY. This property features two separate structures. The front unit is a free-standing single house which contains 3 bedrooms and 2 bathrooms. It is now currently divided as a 1/1 and a 2/1. Rear structure has new Central AC and features 3 bedrooms/ 2 bathrooms. Each unit has a private patio and comes with a parking spot. All units are currently rented out for a total of $4500 monthly (below market) and tenants can stay or move out prior to closing. Property is in an amazing location, close to the MIA airport, Wynwood, Jackson Memorial Hospital, and all major expressways. Could become a vacation rental/ Airbnb hot spot in the future which would double your income.

Last Agent to Sell the Property

William Alvarez

Sterling One Realty, Inc. License #3267685 Listed on: 04/12/2022

Co-Listed By

Ashley Alvarez

Sterling One Realty, Inc. License #3307694

Last Buyer's Agent

Italo Angelini

Sterling One Realty, Inc. License #3479341

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,403

Year Built

  • Built in 1924

Lot Details

  • 8,756

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,238 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Shed
  • Fenced

Community Details

  • No Home Owners Association
  • 4 Units
  • Mead Lawn Condos
  • Mead Lawn Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-31-27-020-0180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,403

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Co List Office Mls Id: STRL01
  • Co List Office Phone: 305-285-2322
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex, Triplex
  • Subdivision Name: MEAD-LAWN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2238
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MEAD-LAWN
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-27-020-0180
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7403

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2014
Sold by
Fernandez Luisa
Bought by
Fernandez Luisa and Castro Luis R
Current Estimated Value
$754,602
Source: Public Records

Range of Values:

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Average Value
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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 Luisa -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $625,000 0.0% $279 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $625,000 -- $279 / 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 $12,339 $609,821 $324,120 $285,701
2024 $11,617 $577,992 $289,303 $288,689
2023 $11,617 $528,151 $236,474 $291,677
2022 $8,038 $343,915 $0 $0
2021 $7,403 $312,650 $175,469 $137,181
2020 $2,678 $203,843 $0 $0
2019 $2,403 $183,468 $0 $0
2018 $0 $176,193 $0 $0
2017 $1,876 $117,522 $0 $0
2016 $1,728 $110,252 $0 $0
2015 $1,880 $104,221 $0 $0
2014 $1,880 $98,664 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Alvarez

    Seller's Agent in 2022

    William Alvarez

    Sterling One Realty, Inc.

    (305) 285-2347

    4 in this area

    70 Total Sales

    Section Image
  • Ashley Alvarez

    Seller Co-Listing Agent in 2022

    Ashley Alvarez

    Sterling One Realty, Inc.

    (786) 877-7548

    4 in this area

    52 Total Sales

    Section Image

  • I

    Buyer's Agent in 2022

    Italo Angelini

    Sterling One Realty, Inc.

    (305) 285-2322

    1 in this area

    10 Total Sales

    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A11188530

MIAMI REALTORS® MLS

APN: 01-3127-020-0180

Florida Miami/Dade County Miami 33142

Allapattah

This home since 12 April 2022 and is currently estimated at $734,376, approximately $328 per square foot. This property was built in 1924. This home is a home located in Miami-Dade County with nearby schools including Maya Angelou Elementary School, Brownsville Middle School, and Miami Northwestern 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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