$427,000
SOLD MAR 25, 2025
-- Bed
-- Bath
1,250 Sq Ft
6,229 Sq Ft Lot

Recently Sold

$342 Per Sq Ft

5% Below List Price

37 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

As of March 2025

516 SW 9th Avenue Homestead, FL 33030 just south of 4th Street that is currently undergoing a major revitalization through the city of Homestead CRA. The property is in proximity to downtown Homestead and all the retail and employment that is located on US-1.Additionally, higher education is available at the Miami-Dade college Homestead campus that has had significant expansion and renovation along side the new City Hall and Homestead Station Mixed retail/entertainment facility. The property is made up of 3 Bedroom 1 bathroom unit currently rented at $2,100 and a 2 Bedroom 1 Bathroom unit rented at $1,800. The property has a flat concrete roof that was replaced in 2022 providing significant saving on insurance. The property is also individually metered for both water and electricity.

Last Agent to Sell the Property

Sam Mekras

MSP Group, LLC License #3341183

Last Buyer's Agent

John Salt

Keller Williams Eagle Realty License #3270043

Keller Williams Eagle Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,767

Year Built

  • Built in 1964

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Built-Up Roof
  • Concrete Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 2 Units
  • Betty Lu Homesites Condos
  • Betty Lu Homesites Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 10-78-13-028-0230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,767

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BETTY LU HOMESITES
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1250
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Built-Up, Concrete
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BETTY LU HOMESITES
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 10-78-13-028-0230
  • Zoning: 1900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5767

Multi Family

  • Number Of Units In Community: 2

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
03/25/2025 03/25/25 Sold $427,000 -2.7% $342 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/24/2025 02/24/25 Price Changed $439,000 -2.4% $351 / Sq Ft
01/25/2025 01/25/25 For Sale $450,000 +164.7% $360 / Sq Ft
06/20/2019 06/20/19 Sold $170,000 -8.1% $136 / Sq Ft
04/30/2019 04/30/19 For Sale $185,000 +58.1% $148 / Sq Ft
08/13/2018 08/13/18 Sold $117,000 -22.0% $94 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
07/04/2018 07/04/18 For Sale $150,000 0.0% $120 / Sq Ft
02/29/2012 02/29/12 Rented $650 -31.6% --
01/30/2012 01/30/12 Under Contract -- -- --
09/23/2011 09/23/11 For Rent $950 -- --
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 $5,256 $191,752 -- --
2023 $5,256 $174,320 $0 $0
2022 $4,610 $158,473 $0 $0
2021 $3,190 $144,067 $0 $0
2020 $2,894 $130,970 $44,908 $86,062
2019 $2,223 $100,236 $33,681 $66,555
2018 $1,607 $113,480 $28,068 $85,412
2017 $1,453 $50,877 $0 $0
2016 $1,163 $46,252 $0 $0
2015 $1,125 $42,048 $0 $0
2014 $1,091 $38,226 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,250 New Conventional
Previous Owner $168,000 New Conventional
Previous Owner $119,000 Construction
Previous Owner $200,000 Balloon
Previous Owner $148,000 Fannie Mae Freddie Mac
Previous Owner $77,450 Unknown
Previous Owner $76,050 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $427,000 Garden Title
Warranty Deed $170,000 Windmill Title Company
Warranty Deed $145,000 Miami Title Group Inc
Warranty Deed $117,000 Miami Title Group Inc
Quit Claim Deed -- Attorney
Corporate Deed $45,000 Buyers Title Inc
Trustee Deed -- None Available
Warranty Deed $250,000 A C E Title Ins Svcs Llc
Warranty Deed $185,000 Jmi Title Services Inc
Warranty Deed $84,500 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11733044

MIAMI REALTORS® MLS

APN: 10-7813-028-0230