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1955 Southwest 5th Avenue

1955 Southwest 5th Avenue, Miami, FL 33129
Property in Coral Way
1955 Southwest 5th Avenue 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 1948 and is 76 years old. However, we must point out that the home was most recently renovated and altered in 1969. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1955 Southwest 5th Avenue has 2,130 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,750 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 95 sqft. Residents will have the luxury of enjoying a unknown. 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 a combination of material. 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, 1955 Southwest 5th Avenue was last sold in Apr 29, 2022 for $997,000. According to our calculations, that's $404.63 per sqft. Current property owners are expected to pay $17,694 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1955 Southwest 5th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $842,288. To break that down further, the land itself was valued at $607,500. While improvements to the property were assessed at a total of $234,788. 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. 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.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
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221208
12/08/2022
5 Bed
4 Bath
2130 ft²
$1,750,000
bedrooms
5 Bed
bathrooms
4 Bath
square feet
2130 ft²
-
-
-
Carlos Visbal
Brilliance Realty Group
20220122
01/22/2022
3 Bed
2 Bath
2130 ft²
$1,200,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
2130 ft²
$997,000 -16.92%
05/05/2022
-
Miguel Galvan
RFH Realty

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1969
  • 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: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 95
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,464
  • Gross Building Area: 2,464
  • Building Area: 2,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLLEMAN PARK
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 38-39 54 41 HOLLEMAN PARK PB 8-23 LOT 18 BLK 4 LOT SIZE 50.000 X 135 OR 13530-4335-4336 1187 4

Ownership

  • Current Owner : CERTIFIED ASSURED VACATION SOLUTIONS LLC
  • Previous Owner : MILAGROS PERAZA
  • 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: 006608

Zoning

  • Zoning: 0100

Geography

  • District: 01
  • Parcel: 01-4138-001-0600
  • Block: 4
  • Lot: 18
  • Meridian: SEC 38 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7613
  • Longitude: -80.2048

    Address

  • Full Address: 1955 Sw 5th Ave
  • Address - House Number: 1955
  • Street Direction: SW
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C017
  • 4-Digit Zip Code: 1304
  • Zip Code: 33129

Valuation

    Tax

  • Total Area: 2,297
  • Tax Year: 2023
  • Tax Amount: $17,694
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 1,670,216
  • High Value: 1,827,108
  • Low Value: 1,513,324

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,102,500
  • First Open Lien Mortgage Lender: VELOCITY COMMERCIAL CAPITAL LL
  • First Open Lien Mortgage Recording Date: Jun 02, 2023
  • First Open Lien Mortgage Loan Amount: $1,102,500
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $842,288
  • Market Land Value: $607,500
  • Market Improvement Value: $234,788

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $842,288
  • Assessed Land Value: $607,500
  • Assessed Improvements Value: $234,788

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 05, 2022
  • Current Sale Transaction ID: 11887783967
  • Current Sale Price: $997,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 371409

    Last Sale Mortgage

  • First Mortgage Lender: LENDVENT SPV 1 LLC
  • First Mortgage Transaction Date: May 05, 2022
  • First Mortgage Loan Amount: $1,037,380
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: May 01, 2023

About Coral Way



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Frequently Asked Questions

What neighborhood is 1955 Southwest 5th Avenue located in?
The 1955 Southwest 5th Avenue is a single family residence located in the neighborhood of Coral Way in Coral Way, Miami.
What is the average sales price for listings in 1955 Southwest 5th Avenue?
The average sales price for units in 1955 Southwest 5th Avenue is $997,000 , or $468/sqft. currently.

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