NOT LISTED FOR SALE

Estimated Value: $672,000 - $693,970

2 Beds
2 Baths
1,200 Sq Ft
$568/Sq Ft Est. Value

Last Sold January 23, 2025

Last sale price $680,000 $567 Per Sq Ft

Current estimated payment $4,455/month

275 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window
  • Fenced
  • 5-minute walk to Buena Vista Park

About This Home

As of January 2025

Investor dream come true. Amazing home and lot in an opportunity zone area. This home and lot are currently zone as multi-family with 2 up to 9 units that could be built on this lot. The new owner could legally build up to three stories high and could have up to 9 units. You would also be able to add onto the existing property. Roof was completely redone in 2021 with full permits. One Units are currently rented at $1,800. The other units leased just ended and is vacant. This home is just a 6 minute drive to the art district of Wynwood, 12 Minute drive to the beautiful and upscale Brickell City Centre & Bayside Marketplace, only 17 minute drive to Miami's famous South Beach

Last Listed By

Gabriel Rosa

Rosa International Realty, LLC License #3260371 Listed on: 03/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,815

Year Built

  • Built in 1948

Lot Details

  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Tile 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
  • Sunshine Manor Condos
  • Sunshine Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-13-000-0800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,815

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: SUNSHINE MANOR
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1200
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: SUNSHINE MANOR

Utilities

  • Sewer: Public Sewer
  • 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: 01-31-13-000-0800
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7815

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Jan 22, 2025
Sold by
Urena Joel A
Bought by
Ghasemlou Pouya
Seller's Agent
Gabriel Rosa
Rosa International Realty, LLC
Buyer's Agent
Andrew Schuring
Douglas Elliman
List Price
$799,900
Sold Price
$680,000
Premium/Discount to List
-$119,900
-14.99%
Total Days on Market
275
Views
73
Current Estimated Value
$681,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,493
Avg. Annual Appreciation
0.88%
Original Mortgage
$633,317
Outstanding Balance
$632,191
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$49,302

Purchase Details

Closed on
Nov 5, 2018
Sold by
Barnes Vito L and Barnes Hortencia
Bought by
Urena Joel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,850
Interest Rate
4.7%
Mortgage Type
New Conventional

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
Ghasemlou Pouya $680,000 Florida Title & Guarantee
Ghasemlou Pouya $680,000 Florida Title & Guarantee
Urena Joel A $161,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghasemlou Pouya $633,317
Closed Ghasemlou Pouya $633,317
Previous Owner Urena Joel A $252,000
Previous Owner Urena Joel A $230,000
Previous Owner Urena Joel A $136,850
Previous Owner Barnes Vito L $122,000
Previous Owner Barnes Vito L $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 Sold $680,000 0.0% $567 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/31/2024 12/31/24 Off Market $680,000 -- --
08/16/2024 08/16/24 Price Changed $739,900 -1.3% $617 / Sq Ft
06/22/2024 06/22/24 Price Changed $749,900 -6.3% $625 / Sq Ft
04/02/2024 04/02/24 For Sale $799,900 -- $667 / 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 $7,815 $316,811 -- --
2023 $7,815 $288,010 $0 $0
2022 $6,486 $261,828 $0 $0
2021 $6,561 $238,026 $0 $0
2020 $5,501 $234,942 $191,250 $43,692
2019 $4,959 $196,717 $153,000 $43,717
2018 $2,911 $158,491 $114,750 $43,741
2017 $2,853 $69,340 $0 $0
2016 $2,499 $63,037 $0 $0
2015 $2,182 $57,307 $0 $0
2014 $1,945 $52,098 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11548750

MIAMI REALTORS® MLS

APN: 01-3113-000-0800