NOT LISTED FOR SALE

Estimated Value: $952,000 - $1,139,000

4 Beds
4 Baths
2,045 Sq Ft
$507/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $905,000 $443 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,313/month

134 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Fenced
  • Porch
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2023

PERFECT INVESTMENT OPPORTUNITY!. Discover this exceptional multifamily property, a thriving business generating income through Airbnb. Ideally located close to beaches, shops, restaurants, and more, this investment offers convenience and profitability.
The property features four fully remodeled and furnished apartments, including two 1-bedroom/1-bath units and two efficiency units. Each apartment boasts stylish decor, a fully equipped kitchen with granite countertops and stainless steel appliances, and an attached full bathroom. Additional amenities include a covered porch and Impact windows. A common laundry room enhances tenant convenience.
Don't miss out on this lucrative opportunity! Schedule a showing today! The property is fully rented with short term leases.

Last Listed By

Kathrin Rein

Keller Williams Miami Beach License #3249771 Listed on: 01/09/2023

Keller Williams Miami Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,910

Year Built

  • Built in 1965

Lot Details

  • 5,445

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,045 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Blinds
  • Tile Flooring

Outdoor Features

  • Exterior Lighting
  • Porch

Additional Features

  • Fenced
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Hollywood South Side Add Condos
  • Hollywood South Side Add Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 514222090260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,910

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1965
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Directions: Please use GPS
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: HOLLYWOOD SOUTH SIDE ADD
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Tile
  • Living Area: 2045
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds, Drapes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights, Other
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD SOUTH SIDE ADD
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514222090260
  • Zoning: RM-12
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9910

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
May 17, 2023
Sold by
Lunica Llc
Bought by
International Greco Llc
Seller's Agent
Kathrin Rein
Keller Williams Miami Beach
Buyer's Agent
Cecilia Pagotto
Interinvestments Realty, Inc.
List Price
$1,100,000
Sold Price
$905,000
Premium/Discount to List
-$195,000
-17.73%
Total Days on Market
134
Views
169
Current Estimated Value
$1,036,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,592
Avg. Annual Appreciation
7.33%
Original Mortgage
$615,000
Outstanding Balance
$604,024
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$432,568

Purchase Details

Closed on
May 23, 2022
Sold by
Goglio Patrizia
Bought by
Lunica Llc

Purchase Details

Listed on
Feb 27, 2018
Closed on
Jun 14, 2018
Sold by
House Way Investment Holding Corp
Bought by
Goglio Patrizia
Seller's Agent
Carla Martinez
Jade International Realty LLC
Buyer's Agent
Patriza Goglio
LoKation
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$280,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2017
Sold by
Meridian Trust Llc
Bought by
House Way Investment Holding Corp

Purchase Details

Closed on
Aug 3, 2017
Sold by
Gallagher Rose and Gallagher Rosetta Mamrie
Bought by
Maridian Trust Llc

Purchase Details

Closed on
Dec 15, 2003
Sold by
Kropinak Ann
Bought by
Kropinak Ann and Gallagher Rose

Purchase Details

Closed on
Dec 9, 2003
Sold by
Gallagher Rose
Bought by
Kropinak Ann

Purchase Details

Closed on
May 13, 2002
Sold by
Kropinak Ann
Bought by
Gallagher Rose

Purchase Details

Closed on
Aug 1, 1987
Sold by
Available Not
Bought by
Available Not

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
International Greco Llc $905,000 None Listed On Document
Lunica Llc $820,000 None Listed On Document
Goglio Patrizia $400,000 Sunbelt Title Agency
House Way Investment Holding Corp $249,000 Giannell Title Llc
Maridian Trust Llc $187,500 Giannell Title Llc
Kropinak Ann -- --
Kropinak Ann -- --
Gallagher Rose -- --
Available Not $31,979 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open International Greco Llc $615,000
Previous Owner Goglio Patrizia $280,000
Previous Owner Gallagher Rosetta Marie $72,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Price Changed $1,150,000 -4.2% $562 / Sq Ft
08/27/2024 08/27/24 Price Changed $1,200,000 -7.7% $587 / Sq Ft
07/30/2024 07/30/24 Price Changed $1,300,000 -7.1% $636 / Sq Ft
06/10/2024 06/10/24 For Sale $1,400,000 +54.7% $685 / Sq Ft
05/24/2023 05/24/23 Sold $905,000 -17.7% $443 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $1,100,000 +175.0% $538 / Sq Ft
06/15/2018 06/15/18 Sold $400,000 -4.8% $201 / Sq Ft
04/30/2018 04/30/18 Price Changed $420,000 +1.2% $211 / Sq Ft
02/27/2018 02/27/18 For Sale $415,000 -- $208 / 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 $18,326 $825,190 $65,510 $759,680
2024 $14,139 $805,880 $65,510 $740,370
2023 $14,139 $605,300 $65,510 $539,790
2022 $9,910 $413,790 $0 $0
2021 $9,143 $376,180 $65,510 $310,670
2020 $8,799 $361,070 $65,510 $295,560
2019 $8,356 $334,210 $65,510 $268,700
2018 $5,548 $240,190 $65,510 $174,680
2017 $4,582 $191,930 $0 $0
2016 $4,230 $174,490 $0 $0
2015 $3,879 $158,630 $0 $0
2014 $3,605 $144,210 $0 $0
2013 -- $136,300 $65,510 $70,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11318177

MIAMI REALTORS® MLS

APN: 51-42-22-09-0260