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1644 Southwest 3rd Street

1644 Southwest 3rd Street, Miami, FL 33135
Commercial in East Little Havana
Sold Oct 05, 2022
$1,350,000
Sold Oct 09, 2018
$980,000
$490,000 by Ocean Bank
Mortgage
1644 Southwest 3rd 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 1976 and is 48 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 13 bedrooms. Residents will have access to 8 full bathrooms. There are 8 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1644 Southwest 3rd Street has 4,960 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1644 Southwest 3rd Street was last sold in Sep 27, 2022 for $1,350,000. According to our calculations, that's $272.18 per sqft. Prior to that sales transaction, the property was sold for $980,000 in Sep 28, 2018. Current property owners are expected to pay $22,510 in taxes per year. The property on 1644 Southwest 3rd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,095,031. To break that down further, the land itself was valued at $450,000. While improvements to the property were assessed at a total of $645,031. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior

Parking

Assigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 13
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 4,960
  • Gross Building Area: 4,960
  • Building Area: 4,960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 4,960
  • 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 6 BLK 86 LOT SIZE 7500 SQUARE FEET OR 20179-1875 0102 1 COC 25898-0867 08 2007 5

Ownership

  • Current Owner : 1644 SW 3RD STREET LLC
  • Previous Owner : 1644 HAVANA APARTMENTS LLC
  • Owner Before Previous Owner: SUMMIT 1644 LLC
  • 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: 005303

Zoning

  • Zoning: 3901

Geography

  • Assessors Map Reference: 238
  • District: 01
  • Parcel: 01-4102-006-3060
  • Block: 86
  • Lot: 6
  • Meridian: SEC 02 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.77
  • Longitude: -80.2222

    Address

  • Full Address: 1644 Sw 3rd St
  • Address - House Number: 1644
  • Street Direction: SW
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C003
  • 4-Digit Zip Code: 3649
  • Zip Code: 33135

Valuation

    Tax

  • Total Area: 4,080
  • Tax Year: 2023
  • Tax Amount: $22,510
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 1,314,900
  • High Value: 1,891,174
  • Low Value: 738,625

    Market Valuation

  • Market Total Value: $1,095,031
  • Market Land Value: $450,000
  • Market Improvement Value: $645,031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,095,031
  • Assessed Land Value: $450,000
  • Assessed Improvements Value: $645,031

    Sales

  • Current Sale Contract Date: Sep 27, 2022
  • Current Sale Recording Date: Oct 05, 2022
  • Current Sale Transaction ID: 11897050611
  • Current Sale Price: $1,350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 768346
  • Previous Sale Recording Date: Oct 09, 2018
  • Previous Sale Contract Date: Sep 28, 2018
  • Previous Sale Amount: $980,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: OCEAN BANK
  • Previous Mortgage Transaction Date: Oct 09, 2018
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $490,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Western Miami



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Frequently Asked Questions

What neighborhood is 1644 Southwest 3rd Street located in?
The 1644 Southwest 3rd 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 1644 Southwest 3rd Street?
The average sales price for units in 1644 Southwest 3rd Street is $0 currently.

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