2497 Abaco Ave
House in King Park
In Contract
2497 Abaco Avenue, Miami, FL 33133

33
Map



$1,999,000
4
Beds
3
Baths
–
Half Bath
1,840
Ft²
$1,086
$/ft²
–
Acres
Sweet two story Old Spanish home offering old world charm,
character, and every modern convenience! Major renovations since
2007: all new electric, wiring, and panel, all impact windows and
doors, kitchen, bathrooms and more! 2015 A/C. 3 Bed/2 Bath 1,840 SF
main home with eat-in kitchen, great room, living room, dining room
with a very flexible floorplan. Detached 1 Bed/1 Bath approx 300 SF
full guest cottage more recently renovated and has separate access
and an outdoor shower. Inviting exterior living spaces with
oversized wrap around porch and lush landscaping all on an
oversized 9,997 SF corner lot in a great Coconut Grove location.
Walk to nearby parks, marinas, restaurants and all...
LISTING AGENT
Jorge FernandezRelated ISG International Real[email protected]
Building Info
Building
Building codes and typesNeighborhood
Community district, city council district, police precinct, and more.Zoning
The zoning code for this property is 0100:SINGL.Geography
The property is located in zip code 33133.Building Features
Exterior
Stucco Exterior
Driveway
Driveway
Home Features
Outdoor Space
DeckPrivate Patio
Utilities
Fireplace
Home Systems
Security System
Appliances
DishwasherOvenGas Range
Ownership
Current Owner
Munson Hanna A YershPrevious Owner
Kilchenstein Kenneth WalterPrevious Owner 2
Kilchenstein Joetta PaynePrice History
Date/Event | Event | Price |
---|---|---|
Mar 2, 2023 In contract | In contract | - |
Jan 24, 2023 Price Decreased | Price Decreased | $1,999,000 $301K (13.1%) |
Jan 13, 2023 Price Decreased | Price Decreased | $2,300,000 $200K (8%) |
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$110,400ExpensesPer Year
$17,424Operating ProfitPer Year
$92,976 Cap rate
4.65%Price Estimate
$2,331,000$2,032,939$1,734,878
20222023202420252026
Current Asking Price
$1,999,000
HopScore Market Price
$2,032,939
The current asking price is $33,939.15 below the HopScore market price.
Comparables
Unit Status | Type | Beds | Baths | ft² Price/ft² | Price Common Charges |
---|---|---|---|---|---|
Active | House | 4 | 4.5 | 2,990 ft² $736/ft² | $2,200,000 $711.83/mo |
Active | House | 3 | 2 | 2,191 ft² $753/ft² | $1,650,000 $610.50/mo |
Active | House | 3 | 2 | 1,199 ft² $1,668/ft² | $1,999,999 $1,141.25/mo |
Active | House | 4 | 3 | 3,237 ft² $738/ft² | $2,390,000 $1,555.08/mo |
Active | Condo | 3 | 2.5 | 1,831 ft² $1,092/ft² | $2,000,000 $9,802.83/mo |
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Neighborhood
About King Park
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2497 Abaco Avenue in Miami, FL was first built in 1923 and is 100 years old.
This has been categorized as a residential property type.
There are a total of 2 floors.
There are a total of 0 rooms in the home, of which, 3 are bedrooms.
In terms of bathrooms, there are a total of 2 full bathrooms
and unclear on the number of partial bathrooms.
2497 Abaco Avenue has 1,840 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.
The linear feet across the front of the lot is 780 ft and the linear feet between the front and back of the lot...