$3,950,000
$50K PRICE DROP

Estimated payment $27,767/month

Total Views 3,079
-- Bed
-- Bath
4,689 Sq Ft
$842 Price per Sq Ft

Highlights

  • In Ground Pool
  • No HOA
  • Central Heating and Cooling System
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Flamingo Park

About This Home

Introducing the "Sirena Azul" Private Villa and four independent apartments ,a versatile property designed for various purposes. This exceptional asset features:A captivating two-story villa comprising 3 bedrooms and 2.5 baths with a central AC and a heated swimming pool with a tranquil atmosphere & 4 Apartments (each unit has 1bed/1 bath and a kitchen area). On-site parking.
This property provides the flexibility to serve as a luxurious private residence or a multi-family, w/the possibility of leasing out 4 apartments.
Additionally, it presents the opportunity to operate as a bed & breakfast:(The license has to be reinstated). Ideally located: steps from Flamingo Park, Ocean Drive, Beaches, and conveniently close to shops and restaurants, Schools.20 mn from Miami International Airport.

Listing Agent

Brigitte Lina

One Sotheby's International Realty License #3179748

One Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $68,639

Year Built

  • Built in 1930

Parking

  • 2 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,689 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Tile

Pool

  • In Ground Pool

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Ocean Beach Addn No 3 Condos
  • Ocean Beach Addn No 3,Sirena Azul Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-009-6880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$68,639

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1930
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: OCEAN BEACH ADDN NO 3,Sirena Azul
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 4689
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction, Other
  • Disclosures: Disclosure
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN BEACH ADDN NO 3
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), 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: 02-42-03-009-6880
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 68639

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 11

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 $66,611 $3,400,000 $1,610,000 $1,790,000
2023 $66,611 $3,525,000 $1,610,000 $1,915,000
2022 $33,821 $1,800,000 $1,610,000 $190,000
2021 $34,755 $1,800,000 $1,610,000 $190,000
2020 $47,421 $2,500,000 $1,610,000 $890,000
2019 $42,633 $2,200,000 $1,540,000 $660,000
2018 $41,369 $2,200,000 $1,540,000 $660,000
2017 $41,895 $2,200,000 $0 $0
2016 $44,198 $2,200,000 $0 $0
2015 $39,625 $2,000,000 $0 $0
2014 $40,635 $2,000,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Price Changed $3,950,000 -1.3% $842 / Sq Ft
08/12/2024 08/12/24 Price Changed $4,000,000 +14.3% $853 / Sq Ft
06/07/2024 06/07/24 Price Changed $3,500,000 -12.5% $746 / Sq Ft
05/11/2024 05/11/24 For Sale $4,000,000 +90.5% $853 / Sq Ft
02/01/2021 02/01/21 Sold $2,100,000 -14.3% $531 / Sq Ft
09/21/2020 09/21/20 Price Changed $2,450,000 0.0% $619 / Sq Ft
09/21/2020 09/21/20 For Sale $2,450,000 -17.6% $619 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
01/30/2020 01/30/20 Price Changed $2,975,000 -7.0% $752 / Sq Ft
12/19/2019 12/19/19 Price Changed $3,200,000 -15.6% $809 / Sq Ft
05/28/2019 05/28/19 Price Changed $3,790,000 -15.8% $958 / Sq Ft
07/10/2017 07/10/17 Price Changed $4,500,000 -18.2% $1,138 / Sq Ft
05/24/2017 05/24/17 Price Changed $5,500,000 +22.2% $1,390 / Sq Ft
04/27/2017 04/27/17 Price Changed $4,500,000 -18.2% $1,138 / Sq Ft
04/19/2017 04/19/17 Price Changed $5,500,000 -15.4% $1,390 / Sq Ft
08/18/2016 08/18/16 Price Changed $6,500,000 +52.9% $1,643 / Sq Ft
04/12/2016 04/12/16 Price Changed $4,250,000 -9.6% $1,074 / Sq Ft
02/23/2016 02/23/16 Price Changed $4,700,000 -17.5% $1,188 / Sq Ft
08/12/2015 08/12/15 For Sale $5,700,000 -- $1,441 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Certificate Of Transfer $400,100 --
Certificate Of Transfer $400,100 --
Warranty Deed $4,200,000 Union Title
Warranty Deed $2,100,000 Attorney
Warranty Deed $2,600,000 Attorney
Warranty Deed $1,425,000 --
Warranty Deed $1,100,000 --
Warranty Deed $775,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,220,000 New Conventional
Previous Owner $1,360,000 Credit Line Revolving
Previous Owner $660,000 Commercial
Previous Owner $581,250 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11583162

MIAMI REALTORS® MLS

APN: 02-4203-009-6880