NOT LISTED FOR SALE

581 NW 113th St Miami, FL 33168

Estimated Value: $611,000 - $627,000

4 Beds
3 Baths
1,760 Sq Ft
$352/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $615,000 $349 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,262/month

77 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Shed
  • Deck
  • Porch
  • Central Heating and Cooling System

About This Home

As of November 2024

This Miami Shores duplex was renovated!!! Property is in mint condition! The duplex has 2/1 on each side, huge back yard and privacy fence. This is income producing property will not disappoint! Seller is motivated and is willing to make a deal!

Last Listed By

Maria Somarriba

The Keyes Company Brokerage Phone: 305-322-3790 License #3241979 Listed on: 07/23/2024

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,279

Year Built

  • Built in 1958 | Newly Remodeled

Lot Details

  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Vinyl Flooring

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $48,000
  • Rent includes gardener, sewer, water
  • Assessor Parcel Number 11-21-36-021-1150

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • West Shores Condos
  • West Shores Subdivision

Building Details

  • Operating Expense $15,158
  • Net Operating Income $32,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,279

Year Built

Built in 1958 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: WEST SHORES
  • Year Built Details: New Construction
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 305-322-3790
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1760
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fruit Trees
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Deck, Open Porch
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WEST SHORES
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 11-21-36-021-1150
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Water

Multi Family

  • Net Operating Income: 32840
  • Number Of Units In Community: 2
  • Annual Operating Expense: 15158
  • Total Actual Rent: 48000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Nov 19, 2024
Sold by
Solid Gold Investments Group Llc
Bought by
Miami Coastline Properties 1 Llc
Seller's Agent
Maria Somarriba
The Keyes Company
Buyer's Agent
Christopher Nin
The Lab Realty Group, LLC
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%
Total Days on Market
77
Views
29
Current Estimated Value
$619,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,297
Avg. Annual Appreciation
1.63%
Original Mortgage
$492,000
Outstanding Balance
$491,155
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$128,142

Purchase Details

Closed on
Jul 25, 2022
Sold by
Jenkins Johnathan P
Bought by
Solid Gold Investments Group Llc

Purchase Details

Closed on
Dec 2, 2021
Sold by
Eye Vision Entertainment Inc
Bought by
Jenkins Johnathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2016
Sold by
Eckert Insurance Group Inc
Bought by
Eye Vision Entertainment Inc

Purchase Details

Closed on
Dec 17, 2010
Sold by
Priddy William
Bought by
Eckert Insurance Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 2, 2010
Sold by
Nationstar Mortgage Llc
Bought by
Priddy William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 12, 2010
Sold by
Saint Jean Rebenite
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Nov 7, 2007
Sold by
Saint Jean Rebenite
Bought by
Prince Bernadette

Purchase Details

Closed on
Jan 16, 2007
Sold by
Mertil Antonio
Bought by
Saint Jean Rebenite

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 26, 2001
Sold by
James E Odonnell I
Bought by
Mertil Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,159
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 1997
Sold by
O'Donnell James E and Abrahamson Neil
Bought by
O'Donnell James E

Purchase Details

Closed on
Sep 7, 1994
Sold by
Simon Mary Rodney and Simon Marie Rodney
Bought by
Odonnell James E and Abrahamson Neil

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

Purchase History

Date Buyer Sale Price Title Company
Miami Coastline Properties 1 Llc $615,000 None Listed On Document
Miami Coastline Properties 1 Llc $615,000 None Listed On Document
Solid Gold Investments Group Llc -- Zendegui Law Group Pa
Jenkins Johnathan P -- Attorney
Eye Vision Entertainment Inc $116,400 Attorney
Eckert Insurance Group Inc $79,000 Attorney
Priddy William $76,000 Buyers Title Inc
Nationstar Mortgage Llc $90,200 None Available
Prince Bernadette -- None Available
Saint Jean Rebenite $255,000 Attorney
Mertil Antonio $120,166 --
O'Donnell James E $100 --
Odonnell James E $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miami Coastline Properties 1 Llc $492,000
Closed Miami Coastline Properties 1 Llc $492,000
Previous Owner Jenkins Johnathan $350,000
Previous Owner Eckert Insurance Group Inc $60,000
Previous Owner Saint Jean Rebenite $204,000
Previous Owner O'Donnell James E $111,622
Previous Owner O'Donnell James E $102,159
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2024 11/19/24 Sold $615,000 -2.4% $349 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/01/2024 09/01/24 Price Changed $630,000 -3.1% $358 / Sq Ft
07/23/2024 07/23/24 For Sale $650,000 -- $369 / 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 $9,665 $367,043 -- --
2023 $9,665 $333,676 $202,901 $130,775
2022 $8,702 $293,560 $162,681 $130,879
2021 $6,979 $210,584 $0 $0
2020 $6,427 $191,440 $91,246 $100,194
2019 $5,864 $174,465 $91,246 $83,219
2018 $5,606 $174,537 $91,246 $83,291
2017 $5,651 $174,608 $0 $0
2016 $4,331 $116,355 $0 $0
2015 $4,197 $105,778 $0 $0
2014 $3,937 $96,162 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11628663

MIAMI REALTORS® MLS

APN: 11-2136-021-1150