Home » Miami » 7401 NW 2nd Ter, Miami, FL 33126 | A11538688

7401 NW 2nd Ter, Miami, FL 33126 | Sold

$705,000
closed for a price of $700,000

Property Highlights

Listing ID A11538688 Status of this Listing: Closed Sold Property Type Residential Income (Multifamily 2-4) Duplex Living Space 1,976 Sqft/183.58 m2 approx. Building Area 2,408 Sqft/223.71 m2 approx. Year Built 1970 Time of this property from published date until Closing Date 75 Days
23 Photos of this Property

7401 NW 2nd Ter, Miami, FL 33126

Property Description: 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.

Useful Info

Contingency:Other
Original List Price:$705,000
Close Price:$700,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Lease Details

Rent Includes:
  • Trash Collection
  • Pest Control

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Builder Model:Duplex
Year Built Details:
  • Resale
Levels:One
Construction Materials:
  • Block
Flooring:
  • Tile
  • Terrazzo
Stories:1
Possible Use:
  • Investment

Property Features

Waterfront:No
Exterior Features:
  • Fence
  • Porch
  • Patio
  • Lighting
  • Storm/security Shutters
Patio and Porch Features:
  • Patio
  • Open
  • Porch
Roof:
  • Shingle
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$7,566

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Disclosures:
  • Flood Plain Disclosure
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Subdivision Name:WINONA PARK 1ST ADDN
Senior Community:No

Parking

Parking Total Spaces:5
Covered Spaces:0

Utilities

Sewer:
  • Septic Tank
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax Information: Tax Reflects No Exemptions
Flood Zone : AH,X
Type of Association: None
Style: Duplex
FEMA Flood Zone Designations: AH,X
Municipal Code: 30
PACE (Property Assessed Clean Energy) program: 0
Subdivision Number: 9
Buy State: Florida
Buyer Country of Residence: USA

Zoning and Legal

Tax Legal Description:WINONA PARK 1ST ADDN PB 17-49 LOT 11 BLK 36 LOT SIZE 65.220 X 88 OR 15879-1632 0493 4
Real Estate Folio Number (Parcel Number):30-40-02-009-3410
Zoning Description:5700
Public Survey Township:30
Public Survey Range:40
Public Survey Section:9

Listing History

Update/EventDate/Days
Published Date:February 24, 2024 10:16 am
On Market Date:February 24, 2024
Close Date:May 9, 2024
Price Change Date Time:February 23, 2024 2:27 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 9, 2024 3:39 pm
Status Last Changed:May 9, 2024 3:39 pm
Photos Last Modified:February 24, 2024 9:57 pm
Last Modified:May 9, 2024 7:40 pm
Days on the Market Reference Date:May 9, 2024
Days on the Market (updated on Last Modified*):4
Cumulative Days on the Market (updated on Last Modified**):4

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos Count:23
Area:40
Ref ID:1061640469
Courtesy of:Pan Florida Realty, Inc.
Universal Property Id:US-12025-N-3040020093410-R-N

Location

Show Property Address:Yes
Street Name:2nd Ter
Street Number:7401
Street Direction Prefix:NW
Street Address:7401 NW 2nd Ter
City : Miami
State : Florida
Zip Code : 33126
County : Miami-Dade County
Full Address:7401 NW 2nd Ter, Miami, FL 33126
Latitude:N25° 46' 22.1''
Longitude:W81° 40' 59.8''

Neighborhood

Postal City:Miami

Property Map