NOT LISTED FOR SALE

Estimated Value: $561,292

3 Beds
2 Baths
1,375 Sq Ft
$408/Sq Ft Est. Value

Last Sold October 16, 2024

Last sale price $560,000 $407 Per Sq Ft

Current estimated payment $3,481/month

208 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Ceiling Fan

About This Home

As of October 2024

Welcome to Your Miami Duplex/Investment Oasis! This fantastic duplex nestled in the heart of vibrant Miami offers an unparalleled opportunity for savvy investors and those seeking an income property in a bustling multi-family area. Strategically located near hospitals, convenience is at your fingertips, ensuring a steady stream of potential tenants. Two units offer flexibility and potential for double income streams, perfect for maximizing returns on your investment. Prime Location Situated in the heart of Miami, enjoy easy access to south beach and design district. Also Private fenced property with grass polish tuff in the backyard ready for entertaining guests.

Last Listed By

Eddie Brown

License #3361817 Listed on: 03/21/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,259

Year Built

  • Built in 1958

Lot Details

  • 5,489

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,375 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • 2 Units
  • Floral Pk 1St Amd Condos
  • Floral Pk 1St Amd Subdivision

Listing and Financial Details

  • Rent includes gardener, trash collection
  • Assessor Parcel Number 01-31-22-052-4292

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,259

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: ERPI01
  • Co List Office Phone: 954-990-7526
  • Directions: GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: FLORAL PK 1ST AMD
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1375
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FLORAL PK 1ST AMD
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-22-052-4292
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4259

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Oct 11, 2024
Sold by
Vereen Roderick
Bought by
Fitzpatrick Anna and Vera Alejandro Gutierrez
Seller's Agent
Eddie Brown
Buyer's Agent
Moses Askew
Real Broker LLC
List Price
$699,990
Sold Price
$560,000
Premium/Discount to List
-$139,990
-20%
Total Days on Market
208
Views
78
Current Estimated Value
$561,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,292
Avg. Annual Appreciation
-1.49%
Original Mortgage
$549,857
Outstanding Balance
$547,734
Interest Rate
6.2%
Mortgage Type
FHA
Estimated Equity
$7,915

Purchase Details

Closed on
Dec 8, 2005
Sold by
Morris Alexis Bethel and Morris Horace
Bought by
Vereen Roderick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 6, 2004
Sold by
Hanna Arlene
Bought by
Morris Horace and Morris Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.53%
Mortgage Type
Unknown

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
Fitzpatrick Anna $560,000 Cornerstone Florida Title & Ab
Vereen Roderick $190,000 --
Morris Horace $138,000 Integrity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzpatrick Anna $549,857
Previous Owner Vereen Roderick $152,000
Previous Owner Morris Horace $104,000
Closed Morris Horace $25,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $560,000 -3.4% $407 / Sq Ft
09/03/2024 09/03/24 Price Changed $579,990 -1.7% $422 / Sq Ft
08/18/2024 08/18/24 Price Changed $589,990 -1.7% $429 / Sq Ft
07/24/2024 07/24/24 Price Changed $599,990 -11.8% $436 / Sq Ft
07/16/2024 07/16/24 Price Changed $679,990 -2.9% $495 / Sq Ft
03/21/2024 03/21/24 For Sale $699,990 -- $509 / 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
2024 $4,259 $121,031 -- --
2023 $4,259 $110,029 $0 $0
2022 $3,893 $100,027 $0 $0
2021 $3,419 $90,934 $0 $0
2020 $3,114 $165,907 $67,562 $98,345
2019 $2,944 $156,321 $57,976 $98,345
2018 $2,566 $124,072 $30,814 $93,258
2017 $2,247 $62,110 $0 $0
2016 $2,079 $56,464 $0 $0
2015 $1,921 $51,331 $0 $0
2014 $1,839 $46,665 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11552852

MIAMI REALTORS® MLS

APN: 01-3122-052-4292