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1250 Southwest 6th Street

1250 Southwest 6th Street, Miami, FL 33135
Commercial in East Little Havana
Local assessors in Miami, FL have categorized 1250 Southwest 6th Street as a residential type of property. The home was built in 1929 and is 95 years old. It was most recently renovated and altered in 1955. The property's lot size has been calculated to be 15,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. 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, 18 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 71 full bathrooms. There are also 71 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1250 Southwest 6th Street has a total of 36,036 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Lots of concrete block were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1250 Southwest 6th Street sold most recently in May 5, 2022 for a total of $9,250,000. If you work out the math, that's approximately a cost of $256.69 per sqft. Before that, the property was also sold for $3,965,000 in Aug 2, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $152,734 in taxes each year. 1250 Southwest 6th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $7,430,000. If we break it down further, the land itself was valued at $900,000. Improvements to the property, however, were assessed at a total of $6,530,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211001
10/01/2021
Loft
-
-
$9,750,000
bedrooms
Loft
bathrooms
-
-
-
-
Mauricio Villasuso
Fausto Commercial Realty Consultants Inc

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 18
  • Bathroom Count: 71
  • Full Bathrooms: 71
  • Partial Bathrooms: 71
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Floor Count: 3
  • Living Units: 71
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 36,036
  • Gross Building Area: 36,036
  • Building Area: 36,036
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 36,036
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAWRENCE ESTATE LAND COS SUB
  • Land Acres: 0.344
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LAWRENCE ESTATE LAND COS SUB PB 2-52 LOTS 7 & 8 BLK 99 LOT SIZE 15000 SQ FT OR 19878-1942 0701 1 COC 25836-1462 08 2007 1

Ownership

  • Current Owner : 1250 HOLDINGS LLC
  • Previous Owner : AIJDE WANOUNOU IV INC
  • Owner Before Previous Owner: GONZALEZ VALENTIN
  • Owner Before Previous Owner 2: GONZALEZ MARISSA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005304

Zoning

  • Zoning: 3901

Geography

  • Assessors Map Reference: 238
  • District: 01
  • Parcel: 01-4102-011-0290
  • Block: 99
  • Lot: 7,8
  • Meridian: SEC 02 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7674
  • Longitude: -80.2156

    Address

  • Full Address: 1250 Sw 6th St
  • Address - House Number: 1250
  • Street Direction: SW
  • Address - Street Name: 6th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C024
  • 4-Digit Zip Code: 4051
  • Zip Code: 33135

Valuation

    Tax

  • Total Area: 35,936
  • Tax Year: 2023
  • Tax Amount: $152,734
  • Tax Rate Code Area: 100

    Market Valuation

  • Market Total Value: $7,430,000
  • Market Land Value: $900,000
  • Market Improvement Value: $6,530,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,430,000
  • Assessed Land Value: $900,000
  • Assessed Improvements Value: $6,530,000

    Sales

  • Current Sale Contract Date: May 05, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Transaction ID: 11888565795
  • Current Sale Price: $9,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 388881
  • Previous Sale Recording Date: Aug 06, 2007
  • Previous Sale Contract Date: Aug 02, 2007
  • Previous Sale Amount: $3,965,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMG TRANSFER AGENT LLC
  • First Mortgage Transaction Date: May 12, 2022
  • First Mortgage Loan Amount: $8,300,000
  • First Mortgage Loan Type: Credit Line (Revolving)

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK
  • Previous Mortgage Transaction Date: Aug 06, 2007
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $2,696,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Western Miami



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Nearby Rentals

Unit for rent at

$925 /mo

  • Studio
Listing by Carlos Chavarro

Frequently Asked Questions

What neighborhood is 1250 Southwest 6th Street located in?
The 1250 Southwest 6th Street is a commercial located in the neighborhood of East Little Havana in Western Miami, Miami.
What is the average sales price for listings in 1250 Southwest 6th Street?
The average sales price for units in 1250 Southwest 6th Street is $0 currently.

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