$1,650,000
$100K PRICE DROP

Estimated payment $9,942/month

Total Views 2,378
-- Bed
-- Bath
5,008 Sq Ft
$329 Price per Sq Ft

Highlights

  • Fruit Trees
  • Porch
  • Ceramic Tile Flooring
  • Balcony
  • Open Patio
  • 2-minute walk to Bryan Park

About This Home

Welcome to this amazing investment opportunity located in the Middle of Miami, Brickell, Downtown Miami and Little Habana. Conveniently located to everything including restaurants, supermarkets, shopping, Bayside, Miami Beach and more amazing areas. Property is currently rented below market value and all tenants are month to month, which brings in a great opportunity to bring the new owner additional income (Cap Rate). Completely fenced in with concrete fence, parking is available within the fence or outside. In addition there is additional income from the owner operated commercial washer and dryer which is also included. The sky's the limit on this one. Market rent is $14,200, current rent $8,100. Lots of room to grow.

Listing Agent

Carlos Gonzalez

Ferrarri International Realty License #3502416

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 1946

Lot Details

  • Fruit Trees

Parking

  • 8 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 5,008 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Air
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-41-10-014-2660

Community Details

Overview

  • 2 Units
  • Bryan Park Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,000

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Google
  • Year Built: 1946
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Tile
  • Living Area: 5008.0

Exterior Features

  • Exterior Features: Balcony, Fruit Trees, Security/High Impact Doors, Porch
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water
  • Community Features: Non-Gated, Laundry Facilities

Lot Info

  • Parcel #: 01-41-10-014-2660

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9000.0

Multi Family

  • Number Of Units Total: 2

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 $10,184 $526,645 -- --
2023 $10,184 $487,446 $0 $0
2022 $9,259 $443,705 $0 $0
2021 $8,611 $411,269 $0 $0
2020 $8,298 $410,218 $0 $0
2019 $7,747 $384,210 $0 $0
2018 $0 $361,214 $0 $0
2017 $6,712 $314,693 $0 $0
2016 $6,472 $294,176 $0 $0
2015 $5,361 $276,891 $0 $0
2014 $5,361 $261,003 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2025 02/15/25 Price Changed $1,650,000 -4.6% $329 / Sq Ft
10/29/2024 10/29/24 Price Changed $1,729,990 -1.1% $345 / Sq Ft
09/26/2024 09/26/24 Price Changed $1,749,990 0.0% $349 / Sq Ft
09/08/2024 09/08/24 For Sale $1,750,000 -- $349 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Credit Line Revolving
Closed $30,593 Unknown
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10460354

BeachesMLS (Greater Fort Lauderdale)

APN: 01-4110-014-2660