by RH Advisors

Check Availability
$1,150,000
House - In Contract

1523 NW 8th Ter

Miami, FL 33125
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1753 Sqft
$6,439
Estimated Monthly
$0
HOA / Fees
4.91%
Cap Rate

About This Property

Welcome to Tropicana Retreat! Historic charm meets modern amenities in this magical massive double lot pool home paradise. Enter into open-flow living with fireplace, dining, and designer eat-in kitchen opening to a grand entertainment deck with outdoor kitchen-dining, tropical lush gardens, fruit trees and new sparkling saltwater pool, hot-tub, and sun deck-delicious entertaining awaits! Three tucked away bedrooms with bathroom, plus a downstairs flex room den with full bath (perfect office or guest nest). Fantastic features: modern kitchen and baths; wood floors; new roof; solar panels; impact windows-doors; upgraded electrical-plumbing; spacious laundry room; a one car garage and double parking. Fab Historic Grove Park location across the river from Spring Garden in the heart of it all!
Unit Size
1,753Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$656
Property Type
House
Property Taxes
$792
HOA Dues
-
Year Built
1937

Listed By

Shane Graber
Graber Realty Group LLC
Last updated: 16 days ago (Miami MLS #A11571062)

Price History

Date / Event Date Event Price
Apr 24, 2024 In contract -
In contract
Apr 17, 2024 Listed by Graber Realty Group LLC $1,150,000
Listed by Graber Realty Group LLC
Oct 6, 2021 No longer available -
No longer available
Jul 7, 2020 Sold to Benjamin P Miller, Erin Down $530,000
Sold to Benjamin P Miller, Erin Down
Jun 23, 2020 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, Guest, Slab/Strip
Garage Spaces: 1
Covered Parking Spaces: 1
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 2

Bedroom Information

Bedrooms: 3
Bedroom Features: At Least 1 Bedroom Ground Level

Interior Information

Interior Features: First Floor Entry, French Doors, Stacked Bedroom, Den/Library/Office
Appliances: Dryer, Washer
Flooring Type: Tile, Wood
Door Features: High Impact Doors, French Doors

Room Information

Dining Room Features: Eat-In Kitchen, Formal Dining
Living Room Features: Den/Library/Office

Fireplace Information

Has Fireplace
Fireplace Features: Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 11,140
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 1,013
  • Total Building Area: 1,918
  • Gross Building Area: 1,918
  • Building Area: 1,747
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,747
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROVE PARK
  • Land Acres: 0.256
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GROVE PARK PB 5-66 LOTS 25 & 26 BLK 6 & S1/2 OF ALLEY LYG N & ADJ CLOSED PER ORD 13492 LOT SIZE 11140 SQ FT M/L 75R 133082

Ownership

  • Current Owner : MILLER BENJAMIN P
  • Current Owner 2: DOWN ERIN
  • Previous Owner : CALDERIN JOSE
  • Previous Owner 2: CALDERIN ALESSANDRA
  • Owner Before Previous Owner: JORDAN MICHAEL TERSIGNI LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005102

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 162
  • District: 01
  • Parcel: 01-3135-016-0930
  • Block: 6
  • Lot: 25,26
  • Meridian: SEC 35 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7817
  • Longitude: -80.2208

    Address

  • Full Address: 1523 Nw 8th Ter
  • Address - House Number: 1523
  • Street Direction: NW
  • Address - Street Name: 8th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C053
  • 4-Digit Zip Code: 3612
  • Zip Code: 33125

Valuation

    Tax

  • Total Area: 1,682
  • Tax Year: 2023
  • Tax Amount: $9,503
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 982,671
  • High Value: 1,159,658
  • Low Value: 805,685

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $424,000
  • First Open Lien Mortgage Lender: AMERICAN BANCSHARES MORTGAGE L
  • First Open Lien Mortgage Recording Date: Jul 07, 2020
  • First Open Lien Mortgage Loan Amount: $424,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $693,324
  • Market Land Value: $467,509
  • Market Improvement Value: $225,815

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,649

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 07, 2020
  • Current Sale Transaction ID: 11772747651
  • Current Sale Price: $530,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0371404
  • Previous Sale Recording Date: Nov 16, 2016
  • Previous Sale Contract Date: Nov 11, 2016
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN BANCSHARES MORTGAGE L
  • First Mortgage Transaction Date: Jul 07, 2020
  • First Mortgage Loan Amount: $424,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: READY MORTGAGE LENDERS LLC
  • Previous Mortgage Transaction Date: Nov 16, 2016
  • Previous Mortgage Loan Amount: $351,037
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2046

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,700 ft²
$676/ft²
$1,150,000 Dec 19, 2023
$1,150,000 Feb 20, 2024
$228/mo
House
3 Beds
2 Baths
2,160 ft²
$440/ft²
$950,000 Sep 29, 2023
$950,000 Jan 19, 2024
$211/mo
House
4 Beds
3 Baths
1,838 ft²
$533/ft²
$980,000 Aug 4, 2023
$980,000 Dec 27, 2023
$577/mo
House
3 Beds
2 Baths
2,226 ft²
$416/ft²
$925,000 Jul 19, 2023
$925,000 Aug 24, 2023
$946/mo
House
4 Beds
3 Baths
1,935 ft²
$594/ft²
$1,150,000 Dec 14, 2023
$1,150,000 Apr 4, 2024
$1,335/mo
House
4 Beds
3 Baths
2,524 ft²
$406/ft²
$1,025,000 Jan 31, 2024
$1,025,000 Mar 12, 2024
$794/mo
House
3 Beds
2 Baths
1,659 ft²
$711/ft²
$1,180,000 Oct 24, 2023
-
$793/mo
House
3 Beds
2 Baths
2,082 ft²
$480/ft²
$999,000 Apr 11, 2024
-
$1,102/mo
House
4 Beds
2 Baths
2,600 ft²
$383/ft²
$995,000 Mar 14, 2024
-
$946/mo
Townhouse
2 Beds
3 Baths
1,192 ft²
$1,007/ft²
$1,200,000 Oct 13, 2023
-
$994/mo
Multifamily
Stu
-
1,880 ft²
$531/ft²
$999,000 Feb 13, 2024
-
$553/mo
Multifamily
Stu
-
1,602 ft²
$624/ft²
$1,000,000 May 11, 2022
-
$476/mo

About Western Miami


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Frequently Asked Questions

When was property at 1523 Northwest 8th Terrace built and last sold?
The property at 1523 Northwest 8th Terrace was built in 1937 and last sold on Jun 26, 2020 for $530,000.
How much is this home worth?
The estimated value of the home located at 1523 Northwest 8th Terrace is $1,090,711.
What are some comparable homes to 1523 Northwest 8th Terrace?
Homes that are comparable to 1523 Northwest 8th Terrace include a house property at 902 Northwest 10th Court, 835 Northwest 7th Street, 1640 Northwest 19th Avenue.

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