1808 SW 3rd St Miami, FL 33135
Little Havana NeighborhoodHighlights
- No HOA
- Tile Flooring
- Heating System Mounted To A Wall or Window
- Cooling System Mounted To A Wall/Window
About This Home
As of July 2024Investors- Navigate to this cash flowing property in a historic area. The prime location is close to Calle Ocho and Brickell which has alot of new multi family development. The building is zoned mixed use and features 6x1/1 apartments and 1 convenience store. Gated access to top floor which features 4x1/1 apartments. 1 apartment in the front of the building and 1x1/1 at the rear. The store has a separate storage building with electric and privacy fence from the building common yard area. 40 year recertification is approved and recorded. No code violations and all units have separate meters. 1 water meter. 5x1/1 paying $1300 and 1x1/1 paying $1200. Convenience store paying $3000 and in process of negotiating higher. All units have leases. 7%+ cap rate. No seller financing. Contract to view.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,059
Year Built
- Built in 1930
Home Design
- Quadruplex
Interior Spaces
- 3,988 Sq Ft Home
- 2-Story Property
- Tile Flooring
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Total Actual Rent $10,700
- Rent includes water
- Assessor Parcel Number 01-41-03-014-1660
Community Details
Overview
- No Home Owners Association
- Idlewild Park Condos
- Idlewild Park Subdivision
Building Details
- Operating Expense $27,100
- Net Operating Income $102,455
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2024 07/03/24 | Sold | $1,400,000 | 0.0% | $351 / Sq Ft |
| 04/26/2024 04/26/24 | For Sale | $1,399,999 | -- | $351 / Sq Ft |
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 | $9,397 | $471,139 | -- | -- |
| 2023 | $9,397 | $428,309 | $0 | $0 |
| 2022 | $8,059 | $389,372 | $0 | $0 |
| 2021 | $7,521 | $353,975 | $220,500 | $133,475 |
| 2020 | $7,539 | $353,975 | $220,500 | $133,475 |
| 2019 | $7,095 | $347,908 | $220,500 | $127,408 |
| 2018 | $6,206 | $298,908 | $171,500 | $127,408 |
| 2017 | $5,897 | $268,225 | $0 | $0 |
| 2016 | $5,322 | $243,841 | $0 | $0 |
| 2015 | $4,171 | $187,606 | $0 | $0 |
| 2014 | $4,160 | $183,353 | $0 | $0 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $524,000 | Unknown | |
| Previous Owner | $134,000 | No Value Available | |
| Previous Owner | $100,000 | No Value Available | |
| Closed | $0 | Purchase Money Mortgage |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,400,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $100 | -- | |
| Warranty Deed | $655,000 | Attorney | |
| Warranty Deed | $140,000 | -- | |
| Quit Claim Deed | $100 | -- | |
| Warranty Deed | $126,500 | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11576545
APN: 01-4103-014-1660
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