NOT LISTED FOR SALE

Miami, FL 33125

Allapattah Neighborhood

Estimated Value: $712,673 - $1,107,000

6 Beds
4 Baths
2,366 Sq Ft
$385/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $600,000 $254 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,854/month

45 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating Available
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • 1-Story Property

About This Home

As of June 2022

Great money maker with a 7.4% CAP rate. This is a legal Fourplex in the heart of Miami, with a T6-8-R Zoning - Multifamily. This home has four units consisting of a - 2/1, 0/1, 1/1, and a 0/1. It's two homes on one lot. Three parking spots and street parking. Close to all major highways and minutes from the beach, Brickell Downtown, Little River landing, and Jackson Hospital. Location is Short Term Rental Approved, perfect for Airbnb or VRBO. Potential annual income is $67200.00. Bring your highest and best offers! Not contingent to appraisal

Last Agent to Sell the Property

Yeanli Velez

LPT Realty, LLC License #3483775 Listed on: 05/02/2022

LPT Realty, LLC

Co-Listed By

Jeannette Echevarria

LPT Realty, LLC License #3484912

Last Buyer's Agent

Itai Tsanaani

Buy It Smart, LLC. License #3245031

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,364

Year Built

  • Built in 1939

Lot Details

  • Property is zoned 4601

Parking

  • 3 Parking Spaces

Home Design

  • Substantially Remodeled
  • Shingle Roof

Interior Spaces

  • 2,366 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Blanton Park Subdivision

Listing and Financial Details

  • Rent includes hot water, gardener, sewer, water
  • Assessor Parcel Number 01-31-35-004-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,364

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1939
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: EXPP01
  • Co List Office Phone: 888-883-8509
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: BLANTON PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Other, Tile
  • Living Area: 2366
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Other, Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BLANTON PARK
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-35-004-0060
  • Zoning: 4601
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Sewer, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9364

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
May 2, 2022
Closed on
Jun 17, 2022
Sold by
Ana Delgado
Bought by
Miami Financial Investments Llc
Seller's Agent
Yeanli Velez
LPT Realty, LLC
Buyer's Agent
Itai Tsanaani
Buy It Smart, LLC.
List Price
$680,000
Sold Price
$600,000
Premium/Discount to List
-$80,000
-11.76%
Current Estimated Value
$909,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,918
Avg. Annual Appreciation
13.15%

Purchase Details

Closed on
May 20, 1996
Sold by
Fallad Luciano
Bought by
Delgado Evelio R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,750
Interest Rate
7.74%
Mortgage Type
FHA
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
Miami Financial Investments Llc $600,000 Acosta Law Pllc
Delgado Evelio R $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delgado Evelio R $92,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $600,000 -11.8% $254 / Sq Ft
05/02/2022 05/02/22 For Sale $680,000 -- $287 / 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 $13,102 $656,825 -- --
2024 $12,781 $597,114 $500,000 $97,114
2023 $12,781 $566,317 $468,750 $97,567
2022 $9,686 $444,405 $0 $0
2021 $9,364 $418,329 $0 $0
2020 $8,519 $346,453 $281,250 $65,203
2019 $7,874 $315,447 $250,000 $65,447
2018 $0 $194,958 $0 $0
2017 $2,688 $91,069 $0 $0
2016 $2,545 $85,348 $0 $0
2015 $1,848 $80,579 $0 $0
2014 $1,848 $76,188 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Yeanli Velez

    Seller's Agent in 2022

    Yeanli Velez

    LPT Realty, LLC

    (863) 677-6310

    3 in this area

    22 Total Sales

    Yeanli Velez
    Section Image
  • Jeannette Echevarria

    Seller Co-Listing Agent in 2022

    Jeannette Echevarria

    LPT Realty, LLC

    (407) 962-6932

    2 in this area

    54 Total Sales

    Jeannette Echevarria
    Section Image
  • Itai Tsanaani

    Buyer's Agent in 2022

    Itai Tsanaani

    Buy It Smart, LLC.

    (786) 838-3114

    3 in this area

    41 Total Sales

    Itai Tsanaani
    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A11196354

MIAMI REALTORS® MLS

APN: 01-3135-004-0060

Florida Miami/Dade County Miami 33125

Allapattah

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