by RH Advisors

See Home Value
$545,000
House - Off Market

140 NW 51 St STREET

MIAMI, FL 33127
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1122 Sqft
$3,489
Estimated Monthly
$0
HOA / Fees
13.47%
Cap Rate

About This Property

NOW LIVE ORLANDO MLS Only-INVESTOR DEAL OF THE DECADE. YOU can Re-hab property or buy and hold because Wynwood Art District is coming fast.  Rehabbed Properties in Wynwood and surrounding areas selling for over $5 million.  This property is located in North Miami 5 minutes from WYNWOOD DISTRICT.

Potential ARV $1.2 to $2.4 million plus depending on build and design . Rentals on same street gross up to $15,000 monthly.

Recent work: 2023 Roof, 2023 A/C, New Electrical Panel, updated in 2023 and Newer Water Heater

NOTE: Miami MLS will show off market
Unit Size
1,122Ft²
Days on Market
77 days
Land Size
0.17 acres
Price per sqft
$623
Property Type
House
Property Taxes
$57
HOA Dues
-
Year Built
1950
Last updated: 5 months ago (Stellar MLS #O6146861)

Price History

Date / Event Date Event Price
Jan 3, 2024 Sold $545,000
Sold
Dec 22, 2023 In contract -
In contract
Dec 9, 2023 Relisted $699,000
Relisted
Nov 26, 2023 No longer available -
No longer available
Oct 9, 2023 Listed by EXP REALTY LLC $699,000
Listed by EXP REALTY LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,250
  • Gross Building Area: 1,250
  • Building Area: 1,122
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,122
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAILWAY SHOPS ADDN 2ND AMD
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RAILWAY SHOPS ADDN 2ND AMD PB 3-183 LOT 8 BLK 7 LOT SIZE SITE VALUE 75R-112236

Ownership

  • Current Owner : AE HOLDINGS BH LLC
  • Previous Owner : FULLER ENID
  • 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: 002202

Zoning

  • Zoning: 0104

Geography

  • Assessors Map Reference: 151
  • District: 01
  • Parcel: 01-3124-013-1201
  • Block: 7
  • Lot: 8
  • Meridian: SEC 24 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8222
  • Longitude: -80.1986

    Address

  • Full Address: 140 Nw 51st St
  • Address - House Number: 140
  • Street Direction: NW
  • Address - Street Name: 51st
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C005
  • 4-Digit Zip Code: 2116
  • Zip Code: 33127

Valuation

    Tax

  • Total Area: 1,186
  • Tax Year: 2023
  • Tax Amount: $11,543
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 741,586
  • High Value: 873,336
  • Low Value: 609,836

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: CARLOZZI ANGELO
  • First Open Lien Mortgage Recording Date: Jan 03, 2024
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2025
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $543,044
  • Market Land Value: $457,184
  • Market Improvement Value: $85,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $543,044
  • Assessed Land Value: $457,184
  • Assessed Improvements Value: $85,860

    Sales

  • Current Sale Contract Date: Dec 19, 2023
  • Current Sale Recording Date: Jan 03, 2024
  • Current Sale Transaction ID: 11918933573
  • Current Sale Price: $545,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 4111

    Last Sale Mortgage

  • First Mortgage Lender: CARLOZZI ANGELO
  • First Mortgage Transaction Date: Jan 03, 2024
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2025



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,426 ft²
$393/ft²
$560,000 Sep 7, 2023
$560,000 Oct 25, 2023
$848/mo
House
4 Beds
2 Baths
1,608 ft²
$427/ft²
$687,000 Oct 25, 2023
$687,000 Nov 15, 2023
$607/mo
House
3 Beds
1 Bath
1,226 ft²
$518/ft²
$635,000 Jun 2, 2023
$635,000 Nov 20, 2023
$762/mo
House
3 Beds
3 Baths
1,362 ft²
$587/ft²
$799,000 Aug 3, 2023
$799,000 Oct 10, 2023
$304/mo
House
3 Beds
2 Baths
1,443 ft²
$527/ft²
$760,000 Jul 21, 2023
$760,000 Oct 16, 2023
$294/mo
House
3 Beds
2 Baths
1,448 ft²
$392/ft²
$567,000 Aug 21, 2023
$567,000 Oct 19, 2023
$480/mo
House
4 Beds
2 Baths
1,521 ft²
$424/ft²
$645,000 Oct 16, 2023
-
$639/mo
House
3 Beds
2 Baths
1,114 ft²
$700/ft²
$780,000 Oct 5, 2023
-
$479/mo
House
3 Beds
2 Baths
1,107 ft²
$587/ft²
$649,900 Dec 19, 2023
-
$758/mo
House
3 Beds
2 Baths
1,380 ft²
$507/ft²
$699,999 Aug 10, 2023
-
$1,062/mo
House
3 Beds
2 Baths
1,428 ft²
$392/ft²
$560,000 Jun 21, 2023
-
$555/mo
House
5 Beds
2 Baths
1,632 ft²
$490/ft²
$799,000 Dec 7, 2023
-
$438/mo

About Northern Miami


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 145 Nw 51st St, Miami, FL, 33127

$9,500 /mo

  • 5 Beds
  • 2.5 Baths
  • 1,986 ft²
145 Nw 51st St, Miami, FL, 33127 Listing by Liana Miftakhova
Unit for rent at 257 Nw 39th St, Miami, FL, 33127

$10,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,696 ft²
257 Nw 39th St #257, Miami, FL, 33127 Listing by RH Advisors Miami
Unit for rent at 500 Ne 51st St, Miami, FL, 33137

$9,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,792 ft²
500 Ne 51st St, Miami, FL, 33137 Listing by RH Advisors Miami


Frequently Asked Questions

When was property at 140 Northwest 51st Street built and last sold?
The property at 140 Northwest 51st Street was built in 1950 and last sold on Dec 19, 2023 for $545,000.
How much is this home worth?
The estimated value of the home located at 140 Northwest 51st Street is $720,335.
What are some comparable homes to 140 Northwest 51st Street?
Homes that are comparable to 140 Northwest 51st Street include a house property at 261 Northwest 46th Street, 331 Northwest 49th Street, 241 Northwest 50th Street.

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