11950 SW 188th Ter

11950 Southwest 188th Terrace, Miami, FL 33177

$310,000
$20K (6.1%)
 for Sale at 11950 Southwest 188th Terrace, Miami, FL 33177

14

 for Sale at 11950 Southwest 188th Terrace, Miami, FL 33177
 for Sale at 11950 Southwest 188th Terrace, Miami, FL 33177
 for Sale at 11950 Southwest 188th Terrace, Miami, FL 33177
$310,000
$20K (6.1%)
3
Beds
2
Baths
1
Half Bath
1,260
Ft²
$246
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
Est. Monthly
$1,522
Cute and cozy home in a great neighborhood! This property sits on big fenced lot, with plenty of space for parking and room for a pool. Originally a 3 bedroom, the smaller bedrooms have been merged to make one big room, but can easily be converted back. Garage was also converted can be used as another bedroom with separate bathroom and entrance. Tile floors throughout, and spacious kitchen. Make your appointment today!

The manager has listed the unit size as 1260 square feet.

Building Info

Overview

This property was built in 1957.

General

  • Year Built

    1957
  • Actual Year Built

    2012
  • Total Rooms

    0.00
  • Bedroom Count

    3
  • Bathroom Count

    1.00
  • Full Bathrooms

    1.00
  • Partial Bathrooms

    0.00
  • Bathroom Fixture Number

    0.00
  • Building Condition

    0
  • Building Quality

    0
  • Construction Type

    concrete block
  • Building Style

    -
  • Exterior Walls Type

    stucco
  • Interior Walls Type

    -
  • Roof Shape Type

    rigid frame bar
  • Roof Cover Type

    -
  • Floor Count

    1
  • Business/Commerical Units Count

    0.00
  • Floor Cover

    -
  • Basement Type

    -
  • Basement Area

    0.00
  • Garage Type

    carport
  • Garage Square Area

    0.00
  • Parking Space Count

    0.00
  • Patio Type

    patio
  • Porch Type

    -
  • Pool Type

    -

Dimensions

  • Lot Size Square Feet

    7,725
  • Lot Size Depth Feet

    1030
  • Lot Size Frontage Feet

    750
  • Total Building Area

    1,260
  • Gross Building Area

    1,878
  • Building Area

    1,260
  • Building Area Source

    L

Heating

  • Fireplace Count

    0.00
  • Air Conditioning Type

    -
  • Heat Code

    -
  • Heated Square Feet

    1,260
  • Heating Fuel Type

    -

Codes

  • Sewer System

    -
  • Water Service Type

    -

Building

Building codes and types
  • Building Type

    -
  • Property Class ID

    residential
  • Subdivision

    NEW SO MIAMI HGTS SEC F G & H
  • Land Acres

    0.177
  • Standard Land Use Code

    single family residential
  • County Land Use Code

    0101
  • State Land Use Code

    001
  • Legal Description 1

    156 39 6 56 40 PB 46-83 NEW SO MIAMI HGTS SECF G & H LOT 6 BLK 47 LOT SIZE 75.000 X 103 OR 20970-4685 012003 1 COC 2 4735-3843 07 2006 1

Neighborhood

Community district, city council district, police precinct, and more.
  • School District Name

    Dade County School District
  • School Tax School District

    UNINCORPORATED
  • Census Tract

    010205

Zoning

The zoning code for this property is 0100:SINGL.
  • Zoning

    0100:SINGL

Geography

The property is located in zip code 33177.
  • District

    30
  • Parcel

    30-6006-001-5120
  • Block

    47
  • Lot

    6
  • Meridian

    SEC 06 TWN 56S RNG 40E
  • Municipality

    UNINCORPORATED COUNTY
  • Latitude

    25.5922
  • Longitude

    -80.3863

Address

  • Full Address

    11950 Sw 188th Ter
  • Address - House Number

    11950
  • Street Direction

    SW
  • Address - Street Name

    188th
  • Address - Suffix Type

    Ter
  • State

    FL
  • City Name

    Miami
  • Carrier Code

    C002
  • 4-Digit Zip Code

    3259
  • Zip Code

    33177

Valuation

The assessed value of this property is $90,802.
  • Timestamp

    Feb 01, 2021
  • UCID Flag

    C
  • Total Area

    1,509
  • Standard Deviation

    0

Tax

  • Tax Year

    2020
  • Tax Amount

    $1,427
  • Tax Rate Code Area

    3000

Open Liens

  • Total Open Liens

    1
  • Total Open Liens Amount

    $149,000

Market Valuation

  • Market Total Value

    $214,161
  • Market Land Value

    $98,962
  • Market Improvement Value

    $115,199

Appraisal Valuation

  • Valuation Date

    Jan 27, 2021
  • Confidence Score

    80
  • Final Value

    296,648
  • High Value

    344,221
  • Low Value

    249,075

Assessments Valuation

  • Assessed Year

    2020
  • Assessed Total Value

    $90,802
  • Assessed Land Value

    $0

Exemptions

  • Homeowner Exemption Flag

    T

Sales

  • Current Sale Contract Date

    20100914
  • Current Sale Recording Date

    20101005
  • Current Sale Transaction ID

    11457906702
  • Current Sales Price

    $65,000
  • Current Sale Document Type

    Special Warranty Deed
  • Current Sale Input Book

    27442
  • Current Sale Input Document Number

    2010R0673607
  • Current Sale Input Page

    4819
  • Sale Date

    20100406
  • Previous Sale Contract Date

    20100326
  • Previous Sale Type of Sales Price

    Sales Price or Transfer Tax rounded by county prior to computation.
  • Sale Amount

    $65,100
  • Previous Sale Document Type

    69

Mortgages

  • First Current Mortgage Loan Amount

    $0
  • First Current Mortgage Terms

    0
  • Second Current Mortgage Loan Amount

    $0
  • Second Current Mortgage Terms

    0

Open Lien Mortgages

  • First Open Lien Mortgage Lender

    PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date

    20201229
  • First Open Lien Mortgage Loan Amount

    $149,000
  • First Open Lien Mortgage Term

    360
  • First Open Lien Mortgage Position

    1
  • First Open Lien Mortgage Loan Type

    New Conventional
  • First Open Lien Mortgage Loan Due Date

    20510101
  • Second Open Lien Mortgage Loan Amount

    $0
  • Second Open Lien Mortgage Term

    0
  • Second Open Lien Mortgage Position

    0
  • Third Open Lien Mortgage Loan Amount

    $0
  • Third Open Lien Mortgage Term

    0
  • Third Open Lien Mortgage Position

    0
  • Fourth Open Lien Mortgage Loan Amount

    $0
  • Fourth Open Lien Mortgage Term

    0
  • Fourth Open Lien Mortgage Position

    0

Previous Mortgages

  • Previous Mortgage Loan Amount

    $0
  • Previous Mortgage Term

    0

Home Features

Appliances

Garbage Disposal

HVAC

Central A/CFurnace

Ownership

Price History

Date/EventEventPrice
Jan 11, 2019 Price DecreasedPrice Decreased$310,000 $20K (6.1%)
Dec 18, 2018 ListedListed$330,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$32,640
ExpensesPer Year
$0
Operating ProfitPer Year
$32,640
Cap rate
10.53%

Price Estimate

$373,000$319,497$265,996
20182019202020212022
Current Asking Price

$310,000

HopScore Market Price

$319,497

The current asking price is $9,497.76 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Active
House
4
2
1,722 ft²
$162/ft²
$279,000

Payment Calculator



Neighborhood

About New South Miami Heights

Stats & Trends

The median asking price in New South Miami Heights is $469,999.
  • Median Asking

    $469,999
  • Sale Price/ft²

    $314.06
  • Below Asking

    0.02%
  • Days on Market

    63

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Local assessors in Miami, FL have categorized 11950 Southwest 188th Terrace as a residential type of property. The home was built in 1957 and is 66 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 7,725 square feet. Specifically, the linear feet between the front and back of the lot was measured at 1,030 ft and the front of the lot was measured at 750 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what...

11950 Southwest 188th Terrace, Miami, FL 33177


Frequently Asked Questions

What neighborhood is 11950 Southwest 188th Terrace located in?
The 11950 Southwest 188th Terrace is a house located in the neighborhood of New South Miami Heights in South Miami Heights, Miami.
How many units are currently for sale in 11950 Southwest 188th Terrace?
11950 Southwest 188th Terrace has a total of 1 units in the building. There are one units for sale right now.
What is the average sales price for units in 11950 Southwest 188th Terrace?
The average sales price for units in 11950 Southwest 188th Terrace is $310,000, or $246/sqft.
How long on average are units in 11950 Southwest 188th Terrace on the market?
Units in 11950 Southwest 188th Terrace are usually on the market for an average of 1,560 days with an average asking price of $310,000.

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