$950,000
SOLD MAR 17, 2025
-- Bed
-- Bath
2,948 Sq Ft
7,187 Sq Ft Lot

Recently Sold

$322 Per Sq Ft

5% Below List Price

71 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating Available
  • Complete Accordion Shutters
  • Central Air
  • 1-minute walk to Buena Vista Park

About This Home

As of March 2025

Investment opportunity in the vibrant Buena Vista neighborhood of the City of Miami, just moments away from Wynwood and Design District. This duplex, built in 2007, presents identical units, each with 4 bedrooms and 2 bathrooms. Central AC and laundry room with washer & dryer in both units. Ample parking ensures convenience for occupants and their guest. Zoned T4-R.

Last Agent to Sell the Property

Eric Gonzalez

Central Commercial Real Estate License #0705251

Last Buyer's Agent

Simeon Genadiev

Star Bay Realty Corp. License #3569833

Star Bay Realty Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,139

Year Built

  • Built in 2007

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,948 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Complete Accordion Shutters

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $91,200
  • Assessor Parcel Number 01-31-24-013-2280

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Railway Shops Addn 2Nd Am Condos
  • Railway Shops Addn 2Nd Am Subdivision

Building Details

  • Operating Expense $31,000
  • Net Operating Income $60,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,139

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2007
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RAILWAY SHOPS ADDN 2ND AM
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2948
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Complete Accordian Shutters, Other Windows

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RAILWAY SHOPS ADDN 2ND AM
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-24-013-2280
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 60200
  • Number Of Units In Community: 2
  • Annual Operating Expense: 31000
  • Total Actual Rent: 91200

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13139

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

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $950,000 -4.5% $322 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
12/04/2024 12/04/24 For Sale $995,000 +30.9% $338 / Sq Ft
06/17/2022 06/17/22 Sold $760,000 -4.9% $258 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
09/25/2021 09/25/21 For Sale $799,000 -- $271 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $11,766 $588,936 -- --
2023 $11,766 $535,397 $324,000 $211,397
2022 $9,640 $415,474 $0 $0
2021 $8,785 $377,704 $216,000 $161,704
2020 $8,577 $379,563 $216,000 $163,563
2019 $7,885 $345,421 $180,000 $165,421
2018 $7,093 $311,280 $144,000 $167,280
2017 $6,796 $271,000 $0 $0
2016 $6,218 $246,364 $0 $0
2015 $5,789 $223,968 $0 $0
2014 $5,673 $203,608 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $806,500 New Conventional
Closed $806,500 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $390,000 New Conventional
Previous Owner $185,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $920,000 Harbor Title
Warranty Deed $920,000 Harbor Title
Quit Claim Deed -- Akerman Llp
Warranty Deed $760,000 Akerman Llp
Interfamily Deed Transfer -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $20,333 --
Quit Claim Deed $100 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11704255

MIAMI REALTORS® MLS

APN: 01-3124-013-2280