$600,000
SOLD OCT 23, 2024
-- Bed
-- Bath
2,118 Sq Ft
6,752 Sq Ft Lot

Recently Sold

$283 Per Sq Ft

12% Below List Price

41 Days on Market

Highlights

  • No HOA
  • Central Air
  • No Heating
  • Tile Flooring
  • Ceiling Fan
  • 1-Story Property

About This Home

As of October 2024

EXCELLENT OPPORTUNITY & LAND WITH POTENTIAL. This fully stabilized 6/4 duplex house is located in the central and fast-developing neighborhood of Allapattah, where rentals are in very high demand. Near new Inter Miami Stadium Soccer Complex coming soon. It has a spacious fenced lot with plenty of parking space. Duplex features 3 units a 3/2, 2/1, and bonus efficiency in the rear. The total rent $4100 but can rent for MUCH MORE. Efficiency is included in 3/2 rent but can be removed in DEC 2024 when lease renews. 2 Electrical meters. Two units have laundry rooms. All kitchens updated. INVESTORS don't miss this chance! Do not Miss out Virtual Tour, refer to supplemental remarks or ask your agent. (copy and paste in browser). Showing by appt only TUESDAY or THURSDAY 5-7PM. Or Sat 10AM-2PM.

Last Agent to Sell the Property

Mariano Soria

Realty World Executive Homes License #3275131

Realty World Executive Homes

Last Buyer's Agent

Mariano Soria

Realty World Executive Homes License #3275131

Realty World Executive Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,217

Year Built

  • Built in 1973

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,118 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Central Air
  • No Heating
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $49,200
  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 30-31-28-013-3110

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Melrose Heights 4Th Sec Condos
  • Melrose Heights 4Th Sec Subdivision

Building Details

  • Operating Expense $640
  • Net Operating Income $48,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,217

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: MELROSE HEIGHTS 4TH SEC
  • Year Built Details: Unknown
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2118
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Barrel Roof, Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MELROSE HEIGHTS 4TH SEC
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-31-28-013-3110
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 48560
  • Number Of Units In Community: 3
  • Number Of Units Total: 2
  • Annual Operating Expense: 640
  • Total Actual Rent: 49200

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7217

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Sold $600,000 -12.4% $283 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $684,900 +147.7% $323 / Sq Ft
02/09/2018 02/09/18 Sold $276,500 +11.0% $131 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
12/28/2017 12/28/17 For Sale $249,000 -- $118 / 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 $7,217 $371,671 -- --
2023 $7,217 $337,883 $0 $0
2022 $6,467 $307,167 $0 $0
2021 $5,900 $279,243 $135,036 $144,207
2020 $5,293 $256,893 $111,507 $145,386
2019 $4,773 $214,082 $67,518 $146,564
2018 $4,797 $223,267 $67,518 $155,749
2017 $3,856 $166,678 $0 $0
2016 $1,811 $86,033 $0 $0
2015 $1,548 $81,401 $0 $0
2014 $1,548 $77,130 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $600,000 None Listed On Document
Special Warranty Deed -- None Available
Warranty Deed $275,500 None Available
Warranty Deed $127,500 Attorney
Warranty Deed $50,000 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11631574

MIAMI REALTORS® MLS

APN: 30-3128-013-3110