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1468 Southwest 3rd Street

1468 Southwest 3rd Street, Miami, FL 33135
Multifamily in East Little Havana
Local assessors in Miami, FL have categorized 1468 Southwest 3rd Street as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 5,000 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, 8 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 8 full bathrooms. There are also 8 partial bathrooms. This is a 2 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 1468 Southwest 3rd Street has a total of 3,010 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. The building has a roof that is made of slate. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. 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, 1468 Southwest 3rd Street sold most recently in Sep 28, 2019 for a total of $800,000. If you work out the math, that's approximately a cost of $265.78 per sqft. Before that, the property was also sold for $605,000 in Nov 4, 2015. 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 $12,563 in taxes each year. 1468 Southwest 3rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $555,295. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Stucco Exterior
Block Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190503
05/03/2019
Studio
-
2624 ft²
$915,900
bedrooms
Studio
bathrooms
-
square feet
2624 ft²
$800,000 -12.65%
10/07/2019
-
Oreste Leccese
Colfax Realty International Inc

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 3,010
  • Gross Building Area: 3,010
  • Building Area: 3,010
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,010
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAWRENCE ESTATEO S SUB
  • Land Acres: 0.115
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 2 54 41 PB 2-46 LAWRENCE ESTATE LAND CO S SUB N100FT LOT 9 BLK 88 LOT SIZE 5000 SQUARE FEET OR 20190-2550 0202 1 COC 24250-3495 01 2006 1

Ownership

  • Current Owner : FIVE KIDS INVESTMENTS LLC
  • Previous Owner : CITY M MARLINS II LLC
  • Owner Before Previous Owner: TRI & VEST PROPERTIES INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005303

Zoning

  • Zoning: 3901

Geography

  • Assessors Map Reference: 238
  • District: 01
  • Parcel: 01-4102-006-3450
  • Block: 88
  • Lot: 9
  • Meridian: SEC 02 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7702
  • Longitude: -80.2193

    Address

  • Full Address: 1468 Sw 3rd St
  • Address - House Number: 1468
  • Street Direction: SW
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C004
  • 4-Digit Zip Code: 2285
  • Zip Code: 33135

Valuation

    Tax

  • Total Area: 2,635
  • Tax Year: 2023
  • Tax Amount: $12,563
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 914,631
  • High Value: 1,314,163
  • Low Value: 515,098

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: GOLDMAN SACHS BANK USA
  • First Open Lien Mortgage Recording Date: Oct 07, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $560,000
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $726,624
  • Market Land Value: $300,000
  • Market Improvement Value: $426,624

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $555,295

    Sales

  • Current Sale Contract Date: Sep 28, 2019
  • Current Sale Recording Date: Oct 07, 2019
  • Current Sale Transaction ID: 11662767346
  • Current Sale Price: $800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0624928
  • Previous Sale Recording Date: Dec 01, 2015
  • Previous Sale Contract Date: Nov 04, 2015
  • Previous Sale Amount: $605,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLDMAN SACHS BANK USA
  • First Mortgage Transaction Date: Oct 07, 2019
  • First Mortgage Loan Amount: $560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Western Miami



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Frequently Asked Questions

What neighborhood is 1468 Southwest 3rd Street located in?
The 1468 Southwest 3rd Street is a multifamily located in the neighborhood of East Little Havana in Western Miami, Miami.
What is the average sales price for listings in 1468 Southwest 3rd Street?
The average sales price for units in 1468 Southwest 3rd Street is $915,900 , or $349/sqft. currently.

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