NOT LISTED FOR SALE

Estimated Value: $613,000 - $901,545

2 Beds
3 Baths
2,008 Sq Ft
$349/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $740,000 $369 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,644/month

52 Days on Market

Highlights

  • Wood Flooring
  • Partial Impact Glass
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Concrete Block With Brick
  • Patio

About This Home

As of April 2022

INVESTORS - Don't miss this opportunity to own a triplex in a great location. Currently a successful Airbnb business. Freshly painted concrete driveway, new roof (Dec. 2021) w/10 yr warranty. Security cameras, keyless entry, smart Tv's, some impact windows. Separate laundry w/new washer & dryer. Shed to store maintenance equip. New water heater, new a/c unit. All licenses and permits are current. Can be rented M2M, seasonal, or yearly in today's hot rental market. Financials available upon request w/POF. No contingencies. Do not disturb tenants. Call LA for appointment.. The sky is the limit! PROFITS/APPRECIATION/GROW YOUR PORTFOLIO

Last Agent to Sell the Property

Pedro Corado

MMLS Assoc.-Inactive Member License #3405115 Listed on: 02/15/2022

Co-Listed By

Kristine Flook

Urbanize Properties License #3067809

Last Buyer's Agent

Kristine Flook

Urbanize Properties License #3067809

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,907

Year Built

  • Built in 1940

Lot Details

  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Concrete Block With Brick
  • Shingle Roof

Interior Spaces

  • 2,008 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Partial Impact Glass

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Rent includes electricity, hot water
  • Assessor Parcel Number 514113050720

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Gracewood Condos
  • Gracewood Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,907

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Property Sub Type: Triplex
  • Architectural Style: Attached
  • Co List Office Mls Id: URPR01
  • Co List Office Phone: 305-318-6740
  • Directions: Three minutes from Turnpike. 10 minutes to I-95. 15 minutes to the beach.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: GRACEWOOD
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Living Area: 2008
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Partial Impact Glass, Blinds

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights
  • Construction Type: Concrete Block With Brick
  • Fencing: Fenced
  • Lot Features: Regular Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRACEWOOD
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514113050720
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Hot Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6907

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Kulkarni Mandar Arun
Bought by
Kulkarni-Loskutova Family Trust and Kulkarni
Total Days on Market
52
Current Estimated Value
$700,136

Purchase Details

Closed on
Aug 17, 2022
Sold by
Shalabh Sharma
Bought by
Kulkarni Mandar and Sharma Shalabh

Purchase Details

Listed on
Feb 15, 2022
Closed on
Apr 20, 2022
Sold by
Eabu Investments Llc
Bought by
Sharma Shalabh and Kulkarni Mandar
Seller's Agent
Pedro Corado
MMLS Assoc.-Inactive Member
Buyer's Agent
Kristine Flook
Urbanize Properties
List Price
$775,000
Sold Price
$740,000
Premium/Discount to List
-$35,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.25%

Purchase Details

Closed on
Mar 9, 2018
Sold by
Mateus Pedro I and Leon Flor
Bought by
Eabu Investments Llc

Purchase Details

Closed on
Apr 6, 2005
Sold by
Alvarez Angel
Bought by
Mateus Pedro I and Leon Flor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 2004
Sold by
Foersch Robert and Foersch Joan
Bought by
Alvarez Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.97%
Mortgage Type
Commercial
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
Kulkarni-Loskutova Family Trust -- None Listed On Document
Kulkarni Mandar -- --
Sharma Shalabh $740,000 Independence Title
Eabu Investments Llc $320,000 First Choice Title Services
Mateus Pedro I $250,000 Buyers Title Inc
Alvarez Angel $139,000 Florida Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mateus Pedro I $268,000
Previous Owner Mateus Pedro I $200,000
Previous Owner Alvarez Angel $50,000
Previous Owner Alvarez Angel $130,000
Previous Owner Foersch Robert D $123,750
Previous Owner Foersch Robert D $85,000
Closed Mateus Pedro I $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $740,000 -4.5% $369 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $775,000 -- $386 / 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 $11,140 $536,780 $41,990 $494,790
2024 $11,158 $524,750 $41,990 $483,010
2023 $11,158 $525,000 $41,990 $483,010
2022 $6,770 $281,980 $41,990 $239,990
2021 $6,907 $287,550 $41,990 $245,560
2020 $6,886 $287,470 $41,990 $245,480
2019 $6,674 $273,730 $41,990 $231,740
2018 $4,760 $193,600 $41,990 $151,610
2017 $4,139 $163,840 $0 $0
2016 $1,747 $52,890 $0 $0
2015 $1,652 $52,120 $0 $0
2014 $1,628 $51,410 $0 $0
2013 -- $80,790 $41,990 $38,800
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11160633

MIAMI REALTORS® MLS

APN: 51-41-13-05-0720