$845,000
$535K PRICE DROP

Estimated payment $5,093/month

Total Views 4,201
-- Bed
-- Bath
2,438 Sq Ft
$347 Price per Sq Ft

Highlights

  • Old Spanish Architecture
  • Cooling Available
  • 3-minute walk to Henderson Park
  • No HOA
  • Heating Available

About This Home

CASH ONLY Prime Location 7,500 SQF Multifamily Property – 11 Rooms
"Currently generating approx. $8,000/month in rental income. Full rent roll available upon request.

Surrounded by Rapid Development This property produces steady rental income while you secure permits and plan renovations. High Growth Potential: Zoned for up to 2 stories, allowing for major value appreciation.
Strategic Location:Just minutes from Downtown, (MIA). area experiencing rapid transformation.
Stable Tenants: Current tenants ensure consistent income, Value-Add Opportunity: Needs upgrades, but that’s why the price is right! Secure passive income while you build your vision!
Act now—opportunities like this don’t last!Showings by appointment only

Listing Agent

Miguel Gomez

Pacar Real Estate License #3455303

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,511

Year Built

  • Built in 1926

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Old Spanish Architecture
  • Aluminum Roof

Interior Spaces

  • 2,438 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Lawrence Estate Land Co Condos
  • Lawrence Estate Land Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-02-005-0840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,511

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Property Sub Type: Duplex
  • Architectural Style: Old Spanish, Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: LAWRENCE ESTATE LAND CO
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 2438
  • Stories: 2

Exterior Features

  • Roof: Aluminum
  • Construction Type: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE ESTATE LAND CO
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-02-005-0840
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4511

Multi Family

  • Number Of Units In Community: 1

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 $4,511 $184,442 -- --
2023 $4,511 $170,928 $0 $0
2022 $4,096 $157,434 $0 $0
2021 $3,973 $146,146 $0 $0
2020 $3,361 $217,940 $0 $0
2019 $3,229 $216,893 $0 $0
2018 $3,054 $219,908 $0 $0
2017 $2,729 $111,396 $0 $0
2016 $2,448 $104,367 $0 $0
2015 $2,299 $98,501 $0 $0
2014 $2,137 $93,101 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Price Changed $845,000 0.0% $347 / Sq Ft
03/12/2025 03/12/25 For Sale $845,000 -9.1% $347 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/20/2025 02/20/25 Price Changed $930,000 -13.9% $381 / Sq Ft
12/20/2024 12/20/24 Price Changed $1,080,000 0.0% $443 / Sq Ft
12/20/2024 12/20/24 For Sale $1,080,000 -16.9% $443 / Sq Ft
11/26/2024 11/26/24 Off Market $1,299,000 -- --
06/26/2024 06/26/24 Price Changed $1,299,000 -5.9% $533 / Sq Ft
03/11/2024 03/11/24 For Sale $1,380,000 -- $566 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- Sunshine Title Services Inc
Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $180,000 Unknown
Previous Owner $106,500 Fannie Mae Freddie Mac
Previous Owner $81,524 FHA
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11538438

MIAMI REALTORS® MLS

APN: 01-4102-005-0840