Check Availability

1418 Southwest 5th Street

1418 Southwest 5th Street, Miami, FL 33135
Refi May 28, 2021
Transfer
$430,000 by Jac 2020 Revocable Trust
Mortgage Due May 01, 2026
1418 Southwest 5th Street has been categorized by the local assessors in Miami, FL as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The home has a total of 8 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1418 Southwest 5th Street has 7,200 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. The exterior walls of the building are made of concrete block. The inside of the home is being cooled with air conditioning at the moment. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $16,647 in taxes each year. The initial year of tax delinquency occurred in 2012. 1418 Southwest 5th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $683,650. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 7,200
  • Gross Building Area: 7,200
  • Building Area: 7,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 7,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAWRENCE ESTATE LAND COS SUB
  • Land Acres: 0.172
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 3 BLK 96 LOT SIZE 7500 SQUARE FEET OR 15595-0113 0692 4

Ownership

  • 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: 01-4102-006-5040
  • Block: 96
  • Lot: 3
  • Meridian: SEC 02 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7682
  • Longitude: -80.2183

    Address

  • Full Address: 1418 Sw 5th St
  • Address - House Number: 1418
  • Street Direction: SW
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C024
  • 4-Digit Zip Code: 3847
  • Zip Code: 33135

Valuation

    Tax

  • Total Area: 5,763
  • Tax Year: 2023
  • Tax Amount: $16,647
  • Intital Tax Deliquent Year: 2012
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 1,286,190
  • High Value: 1,849,881
  • Low Value: 722,498

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $430,000
  • First Open Lien Mortgage Lender: JAC 2020 REVOCABLE TRUST
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $430,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 01, 2026

    Market Valuation

  • Market Total Value: $856,653
  • Market Land Value: $360,000
  • Market Improvement Value: $496,653

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $683,650

About Western Miami



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1611 Nw South River Dr, Miami, FL, 33125

$8,500 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,150 ft²
1611 Nw South River Dr, Miami, FL, 33125 Listing by Vera Meixner
Unit for rent at 500 Brickell Ave, Miami, FL, 33131

$4,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,197 ft²
500 Brickell Ave #2607, Miami, FL, 33131 Listing by Nichole Lathrop
Unit for rent at 951 Brickell Ave, Miami, FL, 33131

$4,300 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,289 ft²
951 Brickell Ave #811, Miami, FL, 33131 Listing by Gordon Homleid
Unit for rent at 1451 Brickell Ave, Miami, FL, 33131

$9,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,287 ft²
1451 Brickell Ave #2401, Miami, FL, 33131 Listing by Marisela Gonzalez Servat
Unit for rent at 1436 Sw 16th St, Miami, FL, 33145

$7,250 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,276 ft²
1436 Sw 16th St, Miami, FL, 33145 Listing by Alexandre Larmier
Unit for rent at 1435 Brickell Ave, Miami, FL, 33131

$6,900 /mo

  • 1 Bed
  • 1 Bath
  • 983 ft²
1435 Brickell Ave #3210, Miami, FL, 33131 Listing by Pablo Salazar
Unit for rent at 2420 Sw 15th St, Miami, FL, 33145

$6,750 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,220 ft²
2420 Sw 15th St, Miami, FL, 33145 Listing by Andrea Arcuri

Frequently Asked Questions

What neighborhood is 1418 Southwest 5th Street located in?
The 1418 Southwest 5th Street is a located in the neighborhood of East Little Havana in Western Miami, Miami.
What is the average sales price for listings in 1418 Southwest 5th Street?
The average sales price for units in 1418 Southwest 5th Street is $0 currently.

Quantcast