$1,025,000 Price Analysis 2049 SW 7th StMiami, FL 33135 6 bed 3 bath 920 SqFt ($1114/SqFt) Built 1951 Listed 2023-07-14, Taxes $4,596 | Ⓧ USDA Ineligible due to price & location near Miami |
It is an excellent investment. Well located, one block from Calle 8 and with approval to build up to 9 units, it offers tremendous potential. The fact that it can be converted into residential property is a bonus, as the demand for homes is often high. Zne T4 is also favorable as it generally allows for a variety of residential uses and may have reasonable height and density restrictions.
This means that you have the flexibility to design and build different types of residential units on the property. Also, having ample parking is a plus, as many residents appreciate having enough space to conveniently park their vehicles. Overall it appears that this property has great potential to generate income and increase in value in the long term.
Presented by Roberto Claro at
Pinnacle Realty of Florida.
Property MLS #A11419760 from MiamiMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $192,255 | $4,596 |
2021 | $45,838 + $153,000 $198,838 | $4,093 |
2020 | $unknown + $unknown $129,559 | $3,642 |
2019 | $unknown + $unknown $117,781 | $3,483 |
2018 | $unknown + $unknown $107,074 | $3,020 |
2017 | $5,728 + $119,000 $124,728 | $2,633 |
2016 | $unknown + $unknown $88,491 | $2,327 |
2015 | $unknown + $unknown $80,447 | $2,170 |
2014 | $unknown + $unknown $73,134 | $2,092 |
2013 | $unknown + $unknown $66,486 | $1,886 |
2012 | $unknown + $unknown $69,813 | $1,861 |
2011 | $unknown + $unknown $57,524 | $1,688 |
2010 | $unknown + $unknown $63,130 | $1,908 |
2009 | $unknown + $unknown $152,963 | $3,881 |
2008 | $unknown + $unknown $186,679 | $4,590 |
2007 | $unknown + $unknown $179,048 | $4,291 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.