$3,250,000
$250K PRICE DROP

Estimated payment $20,108/month

Total Views 1,938
-- Bed
-- Bath
3,120 Sq Ft
$1,042 Price per Sq Ft

Highlights

  • In Ground Pool
  • Old Spanish Architecture
  • Ceramic Tile Flooring
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • No HOA
  • Central Heating and Cooling System

About This Home

One of a kind multifamily duplex nestled in the heart of Surfside. 2-units, each units 2 beds, 2.5 baths with a shared pool. 100% occupied. Walking distance to the beach, shops and synagogue. Future redevelopment opportunity with 5,600 SF lot. Zoned Multifamily H30C.

Listing Agent

Joel Dominguez

DMG Realty License #3303933

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,616

Year Built

  • Built in 1977

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Old Spanish Architecture
  • Substantially Remodeled
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes pool maintenance, trash collection
  • Assessor Parcel Number 14-22-35-001-0200

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Altos Del Mar No 4 Condos
  • Altos Del Mar No 4 Subdivision

Building Details

  • Operating Expense $25,600
  • Net Operating Income $81,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,616

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1977
  • Property Sub Type: Duplex
  • Architectural Style: Detached, Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: ALTOS DEL MAR NO 4
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Tile
  • Living Area: 3120
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Completely Renovated, Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ALTOS DEL MAR NO 4
  • Total Parking Spaces: 5

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 14-22-35-001-0200
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Pool Maintenance, Trash Collection

Multi Family

  • Net Operating Income: 81200
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 25600
  • Total Actual Rent: 106800

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 23616

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

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 $23,616 $1,331,368 -- --
2023 $23,616 $1,210,335 $772,838 $437,497
2022 $14,921 $710,052 $0 $0
2021 $13,285 $645,502 $439,375 $206,127
2020 $13,406 $645,049 $392,200 $252,849
2019 $13,387 $640,904 $386,188 $254,716
2018 $10,924 $567,483 $0 $0
2017 $10,457 $555,490 $0 $0
2016 $13,340 $589,442 $0 $0
2015 $11,847 $535,857 $0 $0
2014 $11,074 $491,363 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Price Changed $3,250,000 -7.1% $1,042 / Sq Ft
11/04/2024 11/04/24 For Sale $3,500,000 -- $1,122 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,425,000 New Title Company Name
Special Warranty Deed $812,500 Attorney
Trustee Deed $595,800 None Available
Trustee Deed $325,700 None Available
Quit Claim Deed -- --
Quit Claim Deed $89,500 --
Quit Claim Deed $124,500 --
Warranty Deed $279,000 --
Warranty Deed $197,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $609,375 New Conventional
Previous Owner $277,490 Credit Line Revolving
Previous Owner $712,500 Unknown
Previous Owner $35,000 Credit Line Revolving
Previous Owner $637,500 Fannie Mae Freddie Mac
Previous Owner $46,390 Unknown
Previous Owner $350,000 Unknown
Previous Owner $84,000 New Conventional
Previous Owner $249,000 No Value Available
Previous Owner $150,000 No Value Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11674271

MIAMI REALTORS® MLS

APN: 14-2235-001-0200