$1,400,000
$100K PRICE DROP

Estimated payment $8,144/month

Total Views 1,366,719
4 Beds
3 Baths
1,575 Sq Ft
$889 Price per Sq Ft

Highlights

  • Home fronts a canal
  • Garden View
  • No HOA
  • Ranch Style House
  • Attic
  • Breakfast Area or Nook

About This Home

Development Potential: approved plans: 4 units, each with 3 bedrooms and 2 bathrooms (1,600 sq ft per unit) Potential income $14,000 per month Maximum potential: (plans can be modified)to up to 12 units . Additional Considerations: Appreciation: Plans include 8 parking spaces, which may need to be increased if the number of units is maximized. Rental market: Research the local rental market to determine demand for 3/2 units and potential rental rates. Overall, this property offers significant potential for investors looking to capitalize on the growing demand for multifamily housing. Current State: Main house: 4 bedrooms, 3 bathrooms (potential rental income) Efficiency unit: 1 bedroom, 1 bathroom Land: 13,127 sq ft corner lot

Listing Agent

Ileana Rodriguez P.A.

RE/MAX Advance Realty II Brokerage Email: ileana@ileanasellsmiami.com License #0392092 Listed on: 09/19/2024

RE/MAX Advance Realty II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,939

Year Built

  • Built in 1952

Lot Details

  • 0.3 Acre Lot
  • 100 Ft Wide Lot
  • Home fronts a canal
  • East Facing Home
  • Fenced
  • Property is zoned 4400

Home Design

  • Ranch Style House
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,575 Sq Ft Home
  • Family Room
  • Formal Dining Room
  • Tile Flooring
  • Garden Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Complete Impact Glass
  • High Impact Door

Parking

  • Circular Driveway
  • Open Parking

Outdoor Features

  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Palm Springs Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-21-31-001-1590

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,939

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Ranch
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: PALM SPRINGS AMD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: ileana@ileanasellsmiami.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Pantry, Attic, Family Room, Separate Guest/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Living Area: 1575
  • Window Features: Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Attic, Family Room, Separate Guest/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PALM SPRINGS AMD
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-21-31-001-1590
  • Lot Size Sq Ft: 13127
  • Zoning: 4400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4939

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $4,939 $313,329 -- --
2023 $4,939 $304,203 $0 $0
2022 $4,767 $295,343 $0 $0
2021 $4,738 $286,741 $0 $0
2020 $4,677 $282,783 $166,767 $116,016
2019 $5,483 $282,990 $166,767 $116,223
2018 $4,668 $268,828 $151,427 $117,401
2017 $4,230 $212,976 $0 $0
2016 $3,857 $193,615 $0 $0
2015 $3,506 $176,014 $0 $0
2014 $3,079 $151,592 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Price Changed $1,400,000 0.0% $889 / Sq Ft
02/21/2025 02/21/25 Price Changed $1,400,000 -6.7% --
09/19/2024 09/19/24 For Sale $1,500,000 0.0% $952 / Sq Ft
08/04/2024 08/04/24 For Sale $1,500,000 +284.6% --
02/27/2018 02/27/18 Sold $390,000 -6.0% $248 / Sq Ft
01/08/2018 01/08/18 For Sale $415,000 +151.5% $263 / Sq Ft
05/23/2014 05/23/14 Sold $165,000 +3.2% $105 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $159,900 -- $102 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $390,000 Columbia Title Of Florida In
Special Warranty Deed $165,000 Attorney
Trustee Deed $151,100 None Available
Warranty Deed $325,000 Title Works Of Miami Inc
Warranty Deed $159,900 --
Warranty Deed -- --
Warranty Deed $111,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,000 Credit Line Revolving
Previous Owner $256,000 Negative Amortization
Previous Owner $171,000 Unknown
Previous Owner $88,800 No Value Available
Source: Public Records

About the Listing Agent

Ileana Rodriguez P.A.

RE/MAX Advance Realty II

(844) 427-1737

Section Image

I'm not your typical real estate agent. I'm a second-generation Realtor® with an impressive 43 years of experience. I go the extra mile to ensure you have a 5-star experience, providing personalized concierge service every step of the way.

As a Broker-Associate with RE/MAX Advance Realty, I hold elite designations:

· CRS (Council of Residential Specialists) - Only 4% of Realtors nationwide achieve this, signifying extensive training and experience.
· SRS (Seller Representative

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Source: MIAMI REALTORS® MLS

MLS Number: A11662830

MIAMI REALTORS® MLS

APN: 04-2131-001-1590