Comp Sale YN: No
Listing Date: 2012-03-09
Status: Closed
Original List Price: 6199999
Sold Price: $6,200,000
Current Price: $6,200,000
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Homestead
Municipal Code: 30
Postal Code: 33033
Subdivision Number: 0
Property Description: APTS
Country: United States
Street Number: 15451
Street Direction Prefix: SW
Street Name: 288
Street Suffix: Street
State Or Province: FL
Postal Code +4: 1371
Area: 2880
Parcel Number: 30-79-04-000-0520
Zoning: 38/MUL L
Directions: 1ST PROPERTY- TURNPIKE TO 288TH STREET HEAD W TO THE PROPETY ON THE RIGHT. 2ND PROPERTY TAKE I95 TO EXIT 3B HEAD WEST TO THE PROPERTY ON THE RIGHT.
Number Of Buildings: 12
Number Of Units Total: 150
Price Per Unit: 46666
Occupant Type: Tenant
Lot Size Area: 103280
Stories Total: 2
Property Sub Type: Multi Family
Building Area Main: 103280
Year Built: 1971
Parking Total: 236
Lot Size Acres: 7
Ownership Type: Corporation
Tax Assessed/SOH Value: 3600000
Tax Annual Amount: 114068
Tax Year: 2011
Tax Legal Description: 4 57 39 4.47 ACW1/2 OF SE1/4 OF SW1/4 OF NW1/4 LESS S50FT & N25FT LOT SIZE 194870 SQ FT OR 1
Buyer Financing: Assumed
Major Change Timestamp: 2012-11-07T08:41:41Z
Major Change Type: Status Change
Price Change Timestamp: 2012-03-06T08:41:41Z
Status Change Date: 2012-11-13
Under Contract Date: 2012-08-13
Close Date: 2012-11-07
Close Price: 6200000
Accessible Parking: 1
Free: 1
Financial Statement: 1
Owner Managed: 1
Photos: 1
Rent Rolls: 1
Number Of Meters Total: 150
# Of Offices: 2
# Of Tenants: 142
# Of Toilets: 155
Interior Electric: 1
Sewer: 1
Telephone: 1
Trash Collection: 1
Water: 1
Fire Alarm: 1
Smoke Detector(s): 1
Gross Income: 1139600
Inc/Exp Statement Period: 2011
Other Income: 5000
Real Estate Taxes: 114069
Service Expense: 7800
Utilities Expense: 104804
Vacancy Allowance Rate: 5
Occupancy Percentage: 100
Gross Scheduled Income: 1134600
Insurance Expense: 56280
Maintenance Expense: 31200
Manager Expense: 56730
Net Operating Income: 670050
Operating Expense: 469550
Other Expense: 84864
Trash Expense: 10803
Unit Type: 1 Bedroom
Units Total: 79
Beds Total: 1
Furnished: No
Annual Rent: 0
Unit Type: 2 Bedroom
Units Total: 35
Beds Total: 2
Furnished: No
Annual Rent: 0
Unit Type: 3 Bedroom
Units Total: 29
Beds Total: 3
Furnished: No
Annual Rent: 0
Unit Type: 4 Bedroom Or More
Units Total: 3
Beds Total: 4
Furnished: No
Annual Rent: 0
Unit Type: 4 Bedroom Or More
Units Total: 2
Beds Total: 5
Furnished: No
Annual Rent: 0
Unit Type: Shop(s)
Units Total: 1
Furnished: No
Annual Rent: 0
Call Listing Office: 1
Showing Service: 1
Seller Concessions: Yes
Seller Concessions Amount: 300000
Current Price To SqFt: 60.03
Original List Price To Close Price: 1
5 To Less Than 10 Acre Lot: 1
Originating System Key: 1610218
Originating System ID: M00000170
Common Area Maintenance Includes: Interior Electric; Sewer; Telephone; Trash Collection; Water
Documents Available: Financial Statement; Owner Managed; Rent Rolls
Electric: 101-200 Amp Service
Fencing: Fenced
Flooring: Tile; Other
Location of Property: City Location
Parking Features: Accessible Parking; Free
Possession: Negotiable
Sale Includes: Land
Source Of Expenses: Owner Provided
Construction Materials: CBS
Road Frontage Type: City Street
Roof: Built-Up; Concrete
Security Features: Fire Alarm; Smoke Detector(s)
Showing Requirements: Call Listing Office; Showing Service
Acreage Description: 5 To Less Than 10 Acre Lot
