$675,000 Price Analysis    ♡   Miami, FL 33127 3 bed 1 bath 1,243 SqFt ($543/SqFt) 4,800SqFt lot. Built 1920 Listed 2024-05-13, Taxes $6,829 | Ⓧ USDA Ineligible due to location near Miami |
Fully remodeled 3 bed/2 bath property with zoning for up to 5 stories on the busy NW 7th Ave corridor.
Opportunity to develop up to 11 units of mixed-income housing, with plans underway. With potential of generating ver $30K annually without further improvements, this property is perfect for a developer looking to leverage strong re zoning incentives while capitalizing on short-term income as the neighborhood thrives.
Currently fully rented at $2, 800 to a reliable tenant using it as an office, willing to stay or vacate if needed.
Presented by Bruno Cattorini at
City Group Consulting, LLC.
Property MLS #A11586242 from MiamiMLS
Bedrooms: 3
Total Bathrooms: 1
Full Bathrooms: 1
Full Bathrooms: 1
BedroomonMainLevel
FirstFloorEntry
Flooring: Vinyl
FirstFloorEntry
Flooring: Vinyl
ElectricRange
Refrigerator
Refrigerator
Den/Library/Office, Family Room
Cooling Features: WallWindowUnits
Heating Features: WallFurnace
Heating: Yes
Heating Features: WallFurnace
Heating: Yes
Shed
Other Structures: Sheds
Other Structures: Sheds
Covered Spaces: 3
Garage Spaces: 3
Parking Features: OnStreet
Garage Spaces: 3
Parking Features: OnStreet
Lot Description: Item14Acre
Lot Size Acres: 0.1101928
Lot Size Square Feet: 4800
Lot Size Acres: 0.1101928
Lot Size Square Feet: 4800
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Annual Tax Amount: 8530
Source Listing Status: Active
County: Miami-Dade County
Directions: From I-95: Take exit 8A towards NW 62nd St. Turn left onto NW 62nd St. Turn left onto NW 7th Ave. The property will be on your right at 5200 NW 7th Ave.
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: BOWLING GREEN
Parcel Number: 01-31-23-006-0250
Postal City: Miami
Postal Code Plus 4: 2047
Subdivision: BOWLING GREEN
Zoning Description: 6101
Property Subtype: SingleFamilyResidence
Source System Name: C2C
Source Listing Status: Active
County: Miami-Dade County
Directions: From I-95: Take exit 8A towards NW 62nd St. Turn left onto NW 62nd St. Turn left onto NW 7th Ave. The property will be on your right at 5200 NW 7th Ave.
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: BOWLING GREEN
Parcel Number: 01-31-23-006-0250
Postal City: Miami
Postal Code Plus 4: 2047
Subdivision: BOWLING GREEN
Zoning Description: 6101
Property Subtype: SingleFamilyResidence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $24,829 + $288,000 $312,829 | $6,829 |
| 2021 | $unknown + $unknown $42,545 | $752 |
| 2020 | $unknown + $unknown $41,958 | $741 |
| 2019 | $unknown + $unknown $41,015 | $721 |
| 2018 | $unknown + $unknown $40,251 | $699 |
| 2017 | $unknown + $unknown $39,424 | $685 |
| 2016 | $unknown + $unknown $38,614 | $677 |
| 2015 | $unknown + $unknown $38,346 | $676 |
| 2014 | $unknown + $unknown $38,042 | $675 |
| 2013 | $unknown + $unknown $37,480 | $662 |
| 2012 | $unknown + $unknown $135,082 | $647 |
| 2011 | $unknown + $unknown $35,781 | $625 |
| 2010 | $unknown + $unknown $35,253 | $628 |
| 2009 | $unknown + $unknown $34,327 | $579 |
| 2008 | $unknown + $unknown $34,293 | $575 |
| 2007 | $unknown + $unknown $33,295 | $508 |
Listed 2024-05-13
$675,000
MiamiMLS
Listing removed 2023-09-01
$2,600
MiamiMLS
Price Changed for rent 2023-07-26
$2,600
MiamiMLS
Listed for rent 2023-07-13
$2,800
MiamiMLS
Listing removed 2023-01-25
$0
MiamiMLS
Listing removed 2022-11-18
$600,000
MiamiMLS
Listed 2022-11-10
$600,000
MiamiMLS
Listed 2022-11-10
$600,000
MiamiMLS
Listing removed 2021-11-07
$2,650
MiamiMLS
Price Changed for rent 2021-10-27
$2,650
MiamiMLS
Listed for rent 2021-09-28
$2,500
MiamiMLS
Sold 2021-09-01
$280,000
Public Record
Sold 2021-07-30
$240,000
MiamiMLS
Price Changed 2021-05-19
$294,900
MiamiMLS
Listed 2021-03-26
$304,000
MiamiMLS
$675,000
MiamiMLS
Listing removed 2023-09-01
$2,600
MiamiMLS
Price Changed for rent 2023-07-26
$2,600
MiamiMLS
Listed for rent 2023-07-13
$2,800
MiamiMLS
Listing removed 2023-01-25
$0
MiamiMLS
Listing removed 2022-11-18
$600,000
MiamiMLS
Listed 2022-11-10
$600,000
MiamiMLS
Listed 2022-11-10
$600,000
MiamiMLS
Listing removed 2021-11-07
$2,650
MiamiMLS
Price Changed for rent 2021-10-27
$2,650
MiamiMLS
Listed for rent 2021-09-28
$2,500
MiamiMLS
Sold 2021-09-01
$280,000
Public Record
Sold 2021-07-30
$240,000
MiamiMLS
Price Changed 2021-05-19
$294,900
MiamiMLS
Listed 2021-03-26
$304,000
MiamiMLS
Total Square Feet Living: 1243
Year Built: 1920
Building Area Total: 1375
Construction Materials: Block, Stucco
Direction Faces: South
Property Age: 104
Roof: Shingle
Levels or Stories: 1
House Style: R30-No Pool/No Water
Year Built Details: Resale
Architectural Style: OneStory
Year Built: 1920
Building Area Total: 1375
Construction Materials: Block, Stucco
Direction Faces: South
Property Age: 104
Roof: Shingle
Levels or Stories: 1
House Style: R30-No Pool/No Water
Year Built Details: Resale
Architectural Style: OneStory
Sewer: PublicSewer
Water Source: Public
Water Source: Public
Security Features: SecuritySystemLeased
Lenora Braynon Smith Elementary School is a public elementary school located approximately 0.6 miles away.
Map directions
Map directionsGeorgia Jones Ayers Middle School is a public middle school located approximately 0.8 miles away.
Map directions
Map directionsMiami Northwestern Senior High School is a public high school located approximately 1.1 miles away.
Map directions
Map directionsClara Mohammed School Of Miami Florida is a private elementary and middle school located approximately 0 miles away.
Map directions
Map directions
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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.