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Sold on 10/19/2018
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Undisclosed, Miami, FL 33138

$1,062,000

Last sold 10/19/2018 for $375K

  • —

    bed

  • —

    bath

  • 2,970

    Sqft ($126/Sqft)

Multi-family not for sale
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About Undisclosed

Property type Multi-family
Neighborhood
Year built 1964
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Four-plex in the Heart of Little River. Property was built in 1964 and consists of 2 (2 Bed/2Bath) & 2 (1 Bed/1 Bath) units. Rare opportunity because it offers larger than average unit sizes. Perfect for an investor looking to create value by renovating and increasing rents, which are currently below market. Currently producing over a 6% return, with potential to make over 10% once stabilized. Call & inquire today!
Listed by
Listing Agent - David Fermoselle
Listing Office - Eleventrust LLC
Source: SEFMLS mls logo
MLS#A10470331 • last updated 7 years ago
Movoto checked SEFMLS for data 5 minutes ago
Overview
Cooling/AC Wall/Window Unit Cooling
Heating Window/Wall
Levels/Style 2, Fourplex
Type Attached, Residential Income
Status Closed Sale
SqFt 2970
Virtual Tour N/A
MLS # A10470331
Property Tax 5663
Tax Desc Tax Reflects City & County Tax
Year Built 1964
Interior
Flooring Other Floors
Exterior
Roof Other Roof
Construction CBS Construction
# Parking Spaces 4
Exterior Features Fence
Lot Desc Less Than 1/4 Acre Lot
Amenities / Utilities
Sewer/ Septic Municipal Sewer
Location
Area 31
Waterfront Desc Municipal Water
Subdivision DUPONT ADDN
APN 70, 01-31-13-057-0070
Zoning 6101
Multifamily Details
Gross Rent Income 38400
Net Operating Income 30898
Total Expenses 7500
$1.06M
Range: $743K-$1.38M
Last 30 days 
Rental est.: $1,678/month
Gross rent multiplier: 18.6
  • Oct 2018
    mls logo MLS # A10470331
  • Oct 24, 2018 Sold
    $375,000 (-14.4%)
  • Sep 10, 2018 Pending Sale
    —
  • Jun 1, 2018 Price Change
    $438,000 (-2.7%)
  • Apr 26, 2018 Listed
    $450,000
  • Year Property taxes Tax assessment
  • 2025
    $12,657 -2.4%
    $571,608 +10.2%
  • 2024
    $12,971 +19.3%
    $518,701 +34.57%
  • 2023
    $10,870 +14.8%
    $385,465
  • 2022
    $9,466 +3.1%
    $385,465
  • 2021
    $9,184 +11.1%
    $385,465 +21.65%
  • 2020
    $8,269 +3.9%
    $316,860 +5.04%
  • 2019
    $7,960 +34.8%
    $301,668 +12.39%
  • 2018
    $5,907
    $268,420
  • Undisclosed
    $375K
  • Little Haiti
    $922K
  • 33138
    $950K +5% y/y
  • Miami
    $595K 0% y/y
No chart available
Statistics calculated by Movoto

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