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$1,420,000   Price Analysis
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711 NW 1st St
Miami, FL 33128
20 bed 10 bath 3,510 SqFt ($404/SqFt)
Built 1925
Listed 2023-05-01, Taxes $9,453
Ⓧ USDA Ineligible
due to price & location

near Miami

YEARLY ACTUAL GROSS INCOME $100

000. CAN BE INCREASED TO $120, 000 (EACH UNIT CAN BE RENTED AT $2, 500).

YEARLY EXPENSES ALL IN $20, 000. ACTUAL CAP RATE 6%.


Presented by Alejandro Paez at
Florida Brokers Intl' Realty.


Property MLS #A11379857 from MiamiMLS

Bedrooms: 20

Total Bathrooms: 10
Full Bathrooms: 10

Cooling Features: Electric, WallWindowUnits
Heating Features: Electric, WallFurnace
Heating: Yes

Flooring: Tile

Lot Description: Item14Acre

Association: No
Calculated Total Monthly Association Fees: 0

Rent Includes: Sewer, TrashCollection, Water

Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1

Annual Tax Amount: 9075
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2022
Source Property Type: ResidentialIncome
Source Neighborhood: CITY OF MIAMI SOUTH
Parcel Number: 01-02-00-070-1220
Postal City: Miami
Postal Code Plus 4: 1441
Subdivision: CITY OF MIAMI SOUTH
Zoning Description: 4601
Property Subtype: Triplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$352,344
$9,453
2021$132,813 + $187,500
$320,313
$8,325
2020$156,210 + $175,000
$331,210
$8,574
2019$unknown + $unknown
$326,135
$9,406
2018$unknown + $unknown
$296,487
$8,671
2017$190,665 + $162,500
$353,165
$7,814
2016$120,031 + $125,000
$245,031
$6,867
2015$191,945 + $67,500
$259,445
$7,288
2014$unknown + $unknown
$182,155
$5,678
2013$unknown + $unknown
$165,596
$5,271
2012$unknown + $unknown
$174,010
$5,317
2011$unknown + $unknown
$149,820
$4,961
2010$unknown + $unknown
$136,200
$4,817
2009$unknown + $unknown
$168,298
$5,329
2008$unknown + $unknown
$220,904
$6,460
2007$unknown + $unknown
$161,585
$3,658

Listing removed 2024-05-21
$2,250
MiamiMLS
Price Changed for rent 2024-04-10
$2,250
MiamiMLS
Listed for rent 2024-03-18
$2,300
MiamiMLS
Price Changed 2023-09-18
$1,420,000
MiamiMLS
Listing removed 2023-09-05
$2,300
MiamiMLS
Listed for rent 2023-08-11
$2,300
MiamiMLS
Listing removed 2023-05-08
$2,200
MiamiMLS
Listed for rent 2023-05-01
$2,200
MiamiMLS
Listed 2023-05-01
$1,350,000
MiamiMLS
Sold 2022-11-14
$763,200
Public Record
Sold 2020-02-19
$450,000
Public Record
Sold 2014-11-10
$303,000
Public Record

Total Square Feet Living: 3510
Year Built: 1925
Building Area Total: 3510
Construction Materials: Block
Levels: Two
Property Age: 99
Roof: Flat
Levels or Stories: 2
House Style: Fourplex
Year Built Details: Resale

Sewer: PublicSewer
CableNotAvailable
Water Source: Public

Riverside Elementary Community School is a public elementary school located approximately 0.5 miles away.
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Booker T. Washington Senior High School is a public high school located approximately 0.8 miles away.
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Jose De Diego Middle School is a public middle school located approximately 2.1 miles away.
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Lincoln Marti Schools #08 is a private elementary, middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.