Sold for $700,000

$700,000

7401 NW 2nd Ter, Miami, FL 33126

4beds

2baths

1,976sqft

Duplex

Built in 1970

-- sqft lot

$788,400 Zestimate^®

$354/sqft

$2,950 Estimated rent

Home value

$788,400

$749,000 - $836,000

$2,950/mo

Zestimate^® history

Owner options

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$2,950/mo

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$2,950/mo

Rent Zestimate^®

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$4,789/mo

Est. payment

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$4,789/mo

Est. payment

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What's special

Tile floorsNice yardMedical servicesTerrazo floors

Ideal location! Income opportunity! Duplex fully rented with long term good paying residents. Rents currently under market with potential for growth. Tenants would like to stay. Two units of 2 bedrooms 1 bath each with nice yard in one and patio in the other. Sewer/septic plumbing redone with PVC. Electrical panels updated a few years ago. Tile floors in one unit and terrazo floors in the other. Bathrooms updated a few years ago. Septic system maintained and cleaned every 2-3 years. Property close to public transportation, medical services, shopping, 826, 836, airport, Coral Gables. Could go fast! Don't miss out! Call today! NEED 24 hours notice to show please. More photos coming later this weekend.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Central

Cooling

Central Air, Electric

Features

Flooring: Terrazzo, Tile
Windows: Complete Panel Shutters/Awnings

Interior area

Total structure area: 2,408
Total interior livable area: 1,976 sqft

Property

Parking

Total spaces: 5

Features

Stories: 1
Patio & porch: Open Porch, Patio
Exterior features: Lighting
Fencing: Fenced

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 3040020093410
Zoning: 5700

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

CBS Construction
Roof: Shingle

Condition

Year built: 1970

Details

Builder model: Duplex

Utilities & green energy

Sewer: Septic Tank

Community & neighborhood

Location

Region: Miami
Subdivision: Winona Park 1st Addn

HOA & financial

Other financial information

Total actual rent: 35400

Other

Other facts

Listing terms: All Cash,Conventional,FHA

Price history

Date	Event	Price
5/9/2024	Sold	$700,000-0.7%$354/sqft
Source: MIAMI #A11538688 Report a problem
4/6/2024	Pending sale	$705,000$357/sqft
Source: MIAMI #A11538688 Report a problem
2/29/2024	Contingent	$705,000$357/sqft
Source: MIAMI #A11538688 Report a problem
2/24/2024	Listed for sale	$705,000$357/sqft
Source: MIAMI #A11538688 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,271 +23.5%	$523,673 +29.5%
2024	$8,318 +9.9%	$404,454 +10%
2023	$7,566 +10.7%	$367,686 +10%
2022	$6,833 +8.2%	$334,260 +10%
2021	$6,318 +7.2%	$303,873 +9%
2020	$5,891 +3.8%	$278,819 +4.9%
2019	$5,676 +2.1%	$265,900 +1%
2018	$5,558	$263,384 +10%
2017	$5,558 +8.4%	$239,440 +10%
2016	$5,127 +14.2%	$217,673 +10%
2015	$4,491 +1.7%	$197,885 +4.4%
2014	$4,415 -8.1%	$189,634 +2%
2013	$4,806	$185,968 -12.4%
2012	$4,806 -5.5%	$212,178 -5.7%
2011	$5,088 -8.5%	$224,922 -1.8%
2010	$5,562 -13%	$228,976 -21.6%
2009	$6,394 -10.2%	$291,929 -13.1%
2007	$7,117 +35.3%	$336,005
2006	$5,259	--
2005	$5,259 -0.9%	--
2004	$5,304 +37.3%	--
2003	$3,862 +8.9%	--
2002	$3,548	--
2001	$3,548	--