NOT LISTED FOR SALE
-- Bed
-- Bath
8,441 Sq Ft
8,276 Sq Ft Lot

Last Sold June 24, 2022

Last sale price $2,500,000 $296 Per Sq Ft

37 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window
  • Brick Front

About This Home

As of June 2022

This 12 Unit 2bd/1Bth 3 story building is in the Heart of Little Havana. Full occupancy ! Leases have all been increased to $1000 a month starting June 1st. Highly desireable area. This building never has vacancies! Proof of Funds required for showings. Contact me for Financiall info. Reasoning for low rent: Owners from out of the Country kept rent the same for over 10 years. With new ownership new rents may be applied tenants are on month to month.

Last Agent to Sell the Property

Faride Perez

Compass Florida, LLC License #0640601 Listed on: 05/02/2022

Compass Florida, LLC

Last Buyer's Agent

David Olivares

WERC Realty, LLC License #3289945

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,657

Year Built

  • Built in 1962

Lot Details

  • 8,276

Parking

  • 12 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Roof
  • Brick Front

Interior Spaces

  • 8,441 Sq Ft Home
  • 3-Story Property
  • Ceramic Tile Flooring

Utilities

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

Listing and Financial Details

  • Total Actual Rent $144,000
  • Rent includes electricity, gas, water
  • Assessor Parcel Number 01-41-03-014-0500

Community Details

Overview

  • No Home Owners Association
  • Idlewild Park Condos
  • Idlewild Park Subdivision

Building Details

  • Operating Expense $59,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,657

Year Built

Built in 1962

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: IDLEWILD PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 8441
  • Possible Use: Investment
  • Stories: 3

Exterior Features

  • Roof: Concrete
  • Construction Type: Brick
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: IDLEWILD PARK
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-03-014-0500
  • Zoning: 4600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Gas, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 31657

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 12
  • Annual Operating Expense: 59000
  • Total Actual Rent: 144000
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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
06/24/2022 06/24/22 Sold $2,500,000 -13.8% $296 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/02/2022 05/02/22 Price Changed $2,900,000 -90.0% $344 / Sq Ft
05/02/2022 05/02/22 For Sale $29,000,000 -- $3,436 / 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 $43,567 $2,335,300 -- --
2024 $39,674 $2,123,000 -- --
2023 $39,674 $1,930,000 $731,250 $1,198,750
2022 $32,778 $1,590,000 $487,500 $1,102,500
2021 $31,657 $1,490,000 $438,750 $1,051,250
2020 $24,702 $1,428,000 $390,000 $1,038,000
2019 $22,871 $1,349,000 $390,000 $959,000
2018 $21,121 $1,349,000 $341,250 $1,007,750
2017 $16,312 $770,000 $0 $0
2016 $15,496 $710,000 $0 $0
2015 $12,661 $535,291 $0 $0
2014 $11,541 $486,629 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11197989

MIAMI REALTORS® MLS
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