NOT LISTED FOR SALE

Estimated Value: $899,828 - $932,000

6 Beds
4 Baths
3,088 Sq Ft
$298/Sq Ft Est. Value

Last Sold November 08, 2024

Last sale price $900,000 $291 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,080/month

79 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Porch
  • Patio
  • Central Heating and Cooling System

About This Home

As of November 2024

Fantastic West Little Havana Duplex subdivided into 5 units. The largest unit offers 3 beds, 2 bath currently used by the owner with W/D and remodeled kitchen for a potential of $102,000.00 gross income .4 units rented month to month generating $5200 per month . Total 8 bedrooms , 6 bathrooms and 10 parking spaces .2 electric meters. 3 new central A/C. Located in a No flooding zone; no HOA. This is an excellent investment in Miami with a solid demand for rentals and a growing population, ensuring long-term appreciation.10 mins away from the airport, Coral Gables,Downtown Miami. Walking distance to dining, and entertainment options. 15 blocks away from the Baseball Marlin Stadium . Coin Laundry generating $300 monthly for a total of $102,000 Gross Income when adding $36K Owner's unit.

Last Listed By

Roberto Arriete

Real Estate Sales Force License #0505661 Listed on: 06/06/2024

Real Estate Sales Force

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,426

Year Built

  • Built in 1950

Lot Details

  • 7,013

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,088 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Comfort Gardens 2Nd Addn Condos
  • Comfort Gardens 2Nd Addn Subdivision

Listing and Financial Details

  • Total Actual Rent $62,400
  • Rent includes electricity, hot water, sewer, trash collection, water
  • Assessor Parcel Number 01-31-33-032-0290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,426

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Co List Office Mls Id: RESF01
  • Co List Office Phone: 305-392-1497
  • Directions: On NW 7 st go North on 32 PL , drive 2 blocks and on the west side is the duplex.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex, Fourplex
  • Subdivision Name: COMFORT GARDENS 2ND ADDN
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3088
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: COMFORT GARDENS 2ND ADDN
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-33-032-0290
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Hot Water, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11426

Multi Family

  • Number Of Units In Community: 4
  • Total Actual Rent: 62400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Nov 6, 2024
Sold by
Espinoza Ortiz Zara Evely
Bought by
Rgp Holdings Capital Llc
Seller's Agent
Roberto Arriete
Real Estate Sales Force
Buyer's Agent
Henry Noriega
A Simple Real Estate Co.
List Price
$998,000
Sold Price
$900,000
Premium/Discount to List
-$98,000
-9.82%
Total Days on Market
79
Views
12
Current Estimated Value
$918,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,707
Avg. Annual Appreciation
2.55%
Original Mortgage
$675,000
Outstanding Balance
$673,236
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$237,255

Purchase Details

Closed on
Dec 22, 2021
Sold by
Iraheta Carlos R
Bought by
Ortiz Zara Evely Espino

Purchase Details

Closed on
May 16, 2006
Sold by
Gonzalez Teresa and Gonzalez Tomas
Bought by
Iraheta Carlos R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
8.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 5, 1997
Sold by
Orlando and Iglesias Hortensia
Bought by
Gonzalez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
7.69%
Mortgage Type
New Conventional

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
Rgp Holdings Capital Llc $900,000 Ewf Title
Ortiz Zara Evely Espino $400,900 None Listed On Document
Iraheta Carlos R $465,000 Miami Trust Title Company
Gonzalez Teresa $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rgp Holdings Capital Llc $675,000
Previous Owner Iraheta Carlos R $372,000
Previous Owner Gonzalez Teresa $205,000
Previous Owner Gonzalez Teresa $180,000
Previous Owner Gonzalez Teresa $154,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $900,000 +1.1% $291 / Sq Ft
08/25/2024 08/25/24 Pending -- -- --
08/12/2024 08/12/24 Price Changed $890,000 -5.2% $288 / Sq Ft
08/12/2024 08/12/24 Price Changed $939,000 -1.1% $304 / Sq Ft
07/24/2024 07/24/24 Price Changed $949,000 -4.6% $307 / Sq Ft
07/24/2024 07/24/24 Price Changed $995,000 -0.3% $322 / Sq Ft
06/06/2024 06/06/24 For Sale $998,000 -- $323 / 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 $11,426 $555,748 $266,000 $289,748
2023 $11,426 $518,858 $227,500 $291,358
2022 $10,696 $481,967 $189,000 $292,967
2021 $9,286 $395,701 $0 $0
2020 $8,567 $380,065 $154,000 $226,065
2019 $8,078 $362,257 $154,000 $208,257
2018 $7,611 $378,406 $168,000 $210,406
2017 $6,938 $275,231 $0 $0
2016 $6,500 $250,210 $0 $0
2015 $6,070 $227,464 $0 $0
2014 $5,458 $206,786 $0 $0
Source: Public Records

Agents Affiliated with this Home

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