For Sale - 1770 Ne 191 St 816-1, $116,000

Huge 2 bedroom and 2 bathroom with bay and pool view from the balcony.

Huge 2 bedroom and 2 bathroom with bay and pool view from the balcony. Tenant stay LONG time . Good for INVESTORS.

Sq Ft1315
Bedrooms2
Full Bathrooms2
Half Bathrooms
Maintenance Charge/Month419
Maintenance IncludesElevator
Carport Spaces
Garage Spaces1
Pets AllowedYes
Pet RestrictionsDog Ok
High School
Middle School
Elementary School
MLS NumberA10180644
Virtual Tourhttp://www.propertypanorama.com/instaview/mia/A10180644
Verified10/17/2017 01:31am


Contact Sue for additional details
  • Email:
  • Phone: (321) 453 7389
  • Property ID: 13844561

Please quote reference number: when you call or email


Listing provided by PVC Realty Group, Inc.. Copyright 2017 Multiple Listing Service of South East Florida and Miami Association of Realtors. All rights reserved.

1770 Ne 191 St 816-1 is a 1,315 sq ft Condominium in Unincorporated County. It was built in 1969. In 2014 similar properties sold for between $111,631 and $282,532. We estimate the income value of 1770 Ne 191 St 816-1 at $70,671. The assumptions we used to calculate this value are include in the spreadsheet linked below. Unincorporated County is in Miami Dade County, Florida.

1770 Ne 191 St 816-1 Property Summary

1770 Ne 191 St 816-1
Unincorporated County
FL 33179

Property Size:1,315 sq ft
Year Built:1969
Property Class:B3
Lat, Long: 25.951, -80.166
Estimated Value: 1770 Ne 191 St 816-1

Market Data

In 2014 class A condominium properties in Unincorporated County sold for $234.78 to 982.32 per sq ft with a median price per sq ft of $337.73. Class B properties sold for $92.76 to 234.77 per sq ft with a median of $135.00 and class C properties sold for $10.05 to 92.75 per sq ft with a median of $78.69.

Market Valuation

1770 Ne 191 St 816-1 appears to be a B Class property. Suggested value: $162,464

HighMedianLow
Value282,532 162,464 111,631

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $70,671. Details of how we produced this estimate value appear below:

The income value of a property identifies its value as a rental property, Value = Rent - Expenses / Cap Rate. The following table shows four different rent estimates for 1770 Ne 191 St 816-1:

  • The Household Income estimate assumes the tenant has a total household income of $48,444 and spends 35% of this on rent. The household income estimate is derived from census data and tax records.
  • The Household Income - Renters estimate performs a similar calculation based on the household income of renters rather than all households.
  • The Market Rents estimate evaluates this property in comparison to rental properties in the area.
  • The Price/Ft estimate uses the size of the property to estimate its rent.

Click on a rent value to download a spreadsheet that estimates the NOI (net operating income), cash on cash return, income value and IRR (internal rate of return) for this property.

Valuation ModelMonthly Rent
Household Income - All Households $1,413
Household Income - Renters $977
Market Rents $915
Price/Ft $1,200

Expense Estimates:

  • Census data records show 11% of the rental properties in this area are vacant. We've added a 5% bad dept allowance to this.
  • Maintenance costs are estimated based on the size of the property.
  • The property tax estimate uses the average millage rate for the county. It does not include adjustments for city or unincorporated areas. Actual taxes may vary.
  • Insurance estimates are based on the size and location of the property. They are not adjusted for age, flood zone or other risk factors
  • We don't have a way to estimate HOA fees. These should be added manually

The following table shows a income valuation estimate for 1770 Ne 191 St 816-1. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Amount
Monthly Rent915
Annual Rent per Sq Ft8.00
Gross Annual Rent10,981
Vacancies and Bad Debt16%
Vacancies and Bad Debt Amount1,757
Maintenance684
HOA, Utilities and CAM0
Property Taxes1,585
Insurance910
Management Fees1,098
NOI4,947
Cap Rate7
Estimated Value70,671
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $63,623. The bottom 10% of the population earn less than $18,301 per year. The top 10% earn more than $212,078 per year. The top 1% earn more than $667,781 per year. Most renters earn between $34,452 (20th percentile) and $63,516 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $127,246 and $159,058.

The tax assessed value of this property places it in percentile 37 of all properties in this area. This suggests it would appeal to someone earning around $48,444 per year who should qualify for a mortgage between $96,888 and $121,110.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,324. Most renters earn between $2,871 and $5,293 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $947 (20th percentile) to $1,771 (80th percentile) range. The residential vacancy rate is 11%.

This property falls in percentile 37 of all properties in this area. This corresponds to a rent of $1,107 per month and a monthly household income of $3,369 ($40,428 per year)

Links

  1. 1770 Ne 191 St 816-1, Unincorporated County, FL on Zillow
  2. Recent Sales near 1770 Ne 191 St 816-1, Unincorporated County, FL on Realtor.com
  3. 1770 Ne 191 St 816-1, Unincorporated County, FL on Google Maps
  4. 1770 Ne 191 St 816-1 Walkscore
  5. Unincorporated County, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Mango Twist, LLC (1690 Ne 191st St #411)
  2. Morales Racing LLC (1701 Ne 191st)
  3. Roi Xl LLC (1701 Northeast 191st St)
  4. Shulco Group LLC (1701 Ne 191st St)
  5. Kazbulat LLC (1710 Ne 191 Street)
  6. General Business Inc (1710 Ne 191st Street Apt 3)
  7. Silvia'S Transportation LLC. (1710 Ne 191 St)
  8. Furs, Inc. (1710 Ne 191 Street)
  9. Ysaac Loayza Services Corp (1710 Ne 191 St)
  10. Success Logistics LLC (1710 Ne 191st St Apt 316)
  11. Rich Trucking LLC (1750 Ne 191st St)
  12. Life Marketing Solutions LLC (1750 Ne 191 St)
  13. Cagarras, LLC (1750 Ne 191 Street)
  14. Dc3, LLC (1750 Ne 191 Street)
  15. Smr Services LLC (1750 Ne 191st St)
  16. Mia Bay Foundation Inc. (1750 Ne 191 St Apt 513)
  17. Vytal Fitness LLC (1750 Ne 191st St Apt 617)
  18. Basco Investments LLC (1750 Ne 191 St)
  19. 1750 Ne 191 St 611-2 LLC (1750 Ne 191st St)
  20. Costa New York Connection, Inc (1770 Ne 191 Street)
  21. Charly One LLC (1770 Ne 191 Street)
  22. Social Lab Miami, LLC (1770 Ne 191st St)
  23. Precious Pics Production Inc. (1780 Ne 191st St)
  24. Istmo Trade LLC (1780 Ne 191st St Apt 407)
  25. Snaplit LLC (1780 Ne 191st St)
  26. Hannah Irit Family Limited Liability Limited Partnership (1780 Ne 191 Street)
  27. Morerafashionsilk Inc (1780 Ne 191st St)
  28. Rose Field LLC (19201 Ne 18th Ave)
  29. General Services F&A Corp (1790 Ne 191 St)
  30. Mit Stone Design LLC (1750 Ne 191 Street)
  31. Alol, Inc. (1770 Ne 191 St)
  32. Marnade Services Bh Co. (1770 Ne 191 St)
  33. Miami Beach Real Estate Investments Inc. (1770 Ne 191 Street)
  34. Ned Diamonds Ii, Inc. (1770 Ne 191 Street)
  35. Cladmor LLC (1770 Ne 191 St Unit 810)
  36. Inspirit Tourism, Corp. (1770 Ne 191st St)
  37. Admarogo, Inc (1770 Ne 191 Street)
  38. Joining Worlds, Corp. (1770 Ne 191st St)
  39. Oly Insulation Corp. (1770 Ne 191st St)
  40. Farrell Entertainment Inc (19101 Ne 18th Ave)
  41. Track & Bliss LLC (1770 Ne 191st St)
  42. Laura Levi Services LLC (1770 Ne 191 Street)
  43. Miami Tv LLC (1710 Ne 191 St)
  44. Ao Technologies Inc. (1750 Ne 191 Street)
  45. Savaro Services, Inc. (1770 Northeast 191st Street Ste 508)
  46. Atx Transport Services, Inc. (1690 Ne 191st St)
  47. Only Electric Solutions Inc (1690 Ne 191st St)
  48. Home Examiner, Inc. (1690 Ne 191st Street #308)
  49. Tiny Tim Mobile Detail And Janitorial Service Inc. (1701 Ne 191st)
  50. Rolling Green Condominium A, Inc. (1701 Ne 191st St)
  51. Game V.W., Inc. (1701 Ne 191 Street)
  52. Advantage Insurance Adjusters Corp (1701 Ne 191 St)
  53. Ringler Distribution, Inc. (1701 Ne 191st Street Unit A306)
  54. Marat LLC (1750 Ne 191st St)
  55. Fierro Marine & Services, Inc (1750 Ne 191st St)
  56. Natural Defense, Inc (1770 Ne 191st St)
  57. Jys Multiserv Corp (1780 Ne 191st St)
  58. Florida'S Best Sales & Marketing, L.L.C. (1780 Ne 191 St #302)
  59. Sarmat, Inc. (1780 Ne 191 Street)
  60. Treehouse Investment Properties, LLC (1780 Ne 191st St #209)
  61. Crescent Housing Corporation Of The Alpha Delta Phi Fraternity, Inc. (1780 Ne 191 St Apt 614)
  62. S & G Remodeling Corp. (1780 Ne 191st Street Apt 610)
  63. Jvc & Sons, Inc. (1780 Ne 191st St #105)
  64. Ssteel Collection Inc. (1780 Ne 191st St C2-407)
  65. Wholesome Bites LLC (1780 Ne 191 St)
  66. Bolares 2, LLC (1780 Ne 191st St #409-C2)
  67. Jumos Corp (1780 Ne 191st St #409-C2)
  68. Buy For Me, Inc (1780 Ne 191st St)
  69. Certin Real Estate 8261-211-212 LLC (1780 Ne 191st St)
  70. Gerolo Texas LLC (1780 Ne 191st Street #409-C2)
  71. Millon Usa 1 LLC (1780 Ne 191st Street #409-C2)
  72. Millon Usa 2 LLC (1780 Ne 191st Street #409-C2)
  73. Millon Usa 3 LLC (1780 Ne 191st Street #409-C2)
  74. Certin Real Estate 8888 LLC (1780 Ne 191st Street #409-C2)
  75. Bolares 1, LLC (1780 Ne 191st Street #409-C2)
  76. Certin Florida Corp (1780 Ne 191st Street #409-C2)
  77. Life Friends Corp (1780 Ne 191st St)
  78. Pizo Restoration LLC (19207 Ne 18th Ave)
  79. Infinite Global, LLC (19207 Ne 18th Ave)
  80. Stevan, Corp. (1750 Ne 191 Street)
  81. Alan Lau P.A. (1750 Ne 191 Street)
  82. Yulaki LLC (1750 Ne 191st St)
  83. Dm Contractor Group LLC (1750 Ne 191 Street)
  84. Vasilyev Danil, Inc. (1750 Ne 191 St)
  85. Envision Art Design, Inc (1750 Ne 191 Street)
  86. 1750 Ne 191st St Corp (1750 Ne 191st St)
  87. Espinoza Service And Repair LLC (1750 Northeast 191st Street Unit 610-2)
  88. Marat Bagaev P.A. (1750 Ne 191st St)
  89. Wired Up LLC (1750 Ne 191st St)
  90. Max Mobile Pet Grooming, LLC (1750 Ne 191 St)
  91. Deh Services, Inc. (1750 Ne 191 St)
  92. Wrell Inc (1750 Ne 191st St #814)
  93. Jled Consulting, LLC (1750 Ne 191st St Apt 226)
  94. Lsjm LLC (1760 Ne 191 Street)
  95. Mobile Assist Group LLC (1770 Ne 191st St)
  96. Jade 500 LLC (1770 Ne 191st St)
  97. Vesta Biotechnology L.L.C. (1770 Ne 191 St)
  98. Express Marble & Carpet Cleaning Corp. (1770 Ne 191st)
  99. Dyd Service Inc (1770 Ne 191st)
  100. Collections By Jeanne Limited Liability Company (1770 Ne 191st St)
  101. Masroad Investment Group LLC (1770 Ne 191 St)
  102. Vicon Miami Electric Corp (1770 Ne 191st St)
  103. Cahanne LLC (1770 Ne 191st St)
  104. Sparkle Inventions Corp (1770 Ne 191 Street)
  105. Latintronics LLC (1710 Ne 191st St)
  106. El Rey De La Medialuna Inc (1710 Ne 191 St)
  107. Verdisimo Landscaping, LLC (1710 Ne 191 Street)
  108. Analytical Reviewing & Reporting Resources Inc (1710 Ne 191 Street)
  109. Prometheus Studio, LLC (1710 Ne 191 Street)
  110. Jade1710 LLC (1710 Ne 191st St)
  111. Turbo & Motors Miami, L.L.C. (1710 Ne 191 Street)
  112. Fa.Armada-Miami, Inc. (1710 Ne 191 Street)
  113. Florida'S Home Investment Group LLC (1750 Ne 191 St)
  114. Isida Bridge, Inc. (1750 Ne 191 St)
  115. Ava Transport Group, Inc. (1750 Ne 191 Street Ste 218)
  116. Usa Expo Group, Inc. (1750 Ne 191st St)
  117. Aki Investment Corp (1750 Ne 191st St)
  118. Nosa Investments, LLC (1750 Ne 191 Street)
  119. Silver Bluff Investments, LLC (1750 Ne 191 Street)
  120. Jj&G Investments LLC (1750 Ne 191st St)
  121. Crown 9, Inc (1750 Ne 191 Str)
  122. Electronics Unlimited Inc (1750 Ne 191st St Ste 318)
  123. Grand Marine, Inc. (1750 Ne 191st St)
  124. Padideh LLC (1750 Ne 191 St)
  125. Brugal Makeup Inc. (1750 Ne 191st St)
  126. Mister Motor Plus Inc (1750 Ne 191 St)
  127. General Services A&F, Corp (1750 Ne 191 St)
  128. Miaqp, Inc. (1690 Ne 191th St)
  129. Upswing Press, LLC (1690 Ne 191 Street)
  130. Gemicor, Inc. (1690 Ne 191st)
  131. Amica Investment, Corp. (1690 Ne 191st St)
  132. Truckinmiami LLC (1690 Ne 191st St)
  133. Kelly & Kelly Properties, Inc (205 W Washington St)
  134. Anthony & Ciara Investments LLC (1690 Ne 191 Street)
  135. Xtrematic Virtual Machine LLC (1690 Ne 191st St)
  136. Virtual World LLC (1690 Ne 191st St)
  137. Eflow Sports, LLC (1701 Ne 191st St)
  138. Laym LLC (1700 Ne 191st St)
  139. A B C - Miami Enterprises LLC (1700 Ne 191st St)
  140. H & A Innovations LLC (1700 Ne 191st St)
  141. Jade Winds Association, Inc. (1700 Ne 191 Street)
  142. Genius Plex Solutions LLC (1700 Northeast 191st Street Apt 505)
  143. Eflow Realty, LLC (1701 Ne 191 St)
  144. Buyas Corp (1700 Ne 191st St)
  145. Justo Ruiz Photography LLC (1701 Ne 191 St)
  146. Tine Layus Naturals Inc (19015 Ne 18 Ave)

Sales History

DateSold BySold ToDeed TypePrice
07/01/2010 Not Recorded Buyer: 6594978 Unknown 60,000.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.

MLS Data

Visulate participates in My Flordia Regional, South East Florida MLS and the Brevard County Broker Reciprocity programs, allowing us to display other broker's listings on our site. Listing data supplied by other brokers is deemed reliable but not guaranteed. It is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties to buy, lease or rent.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Programs of My Flordia Regional, South East Florida MLS and Brevard County, Florida. Real estate listings held by brokerage firms other than Visulate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.