by RH Advisors

See Home Value
$1,810,000
House - Off Market

2500 SW 7th Ave

Miami, FL 33129
bedrooms
5 Beds
bathrooms
5 Baths
square feet
2801 Sqft
$9,278
Estimated Monthly
$0
HOA / Fees
11.67%
Cap Rate

About This Property

Investors dream in the roads. Oversize corner lot with the potential to built 2 to three new homes. All offers will be considered.
Unit Size
2,801Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$646
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1933
Last updated: 21 days ago (Miami MLS #A11411664)

Price History

Date / Event Date Event Price
Apr 12, 2024 No longer available -
No longer available
Jan 25, 2024 Price Decreased $1,810,000
↓ $940K (34.2%)
Price Decreased
Jan 25, 2024 Relisted $2,750,000
Relisted
Nov 13, 2023 Relisted $2,750,000
Relisted
Nov 13, 2023 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,800
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,993
  • Gross Building Area: 2,993
  • Building Area: 2,801
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,801
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRICKELL ESTATES
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 38-39 54 41 BRICKELL ESTATES PB 17-51 LOT 10 & SELY1/2 LOT 11 BLK 35 LOT SIZE 75.000 X 144 73R-156777

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 006608

Zoning

  • Zoning: 0100

Geography

  • District: 01
  • Parcel: 01-4138-008-3060
  • Block: 35
  • Lot: 10,11
  • Meridian: SEC 38 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7597
  • Longitude: -80.2107

    Address

  • Full Address: 2500 Sw 7th Ave
  • Address - House Number: 2500
  • Street Direction: SW
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C005
  • 4-Digit Zip Code: 2219
  • Zip Code: 33129

Valuation

    Tax

  • Total Area: 2,681
  • Tax Year: 2023
  • Tax Amount: $4,848
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 2,562,783
  • High Value: 2,803,519
  • Low Value: 2,322,047

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $636,350
  • First Open Lien Mortgage Lender: FINANCIAL FREEDOM SENIOR FUNDI
  • First Open Lien Mortgage Recording Date: Apr 11, 2008
  • First Open Lien Mortgage Loan Amount: $636,350
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $1,219,724
  • Market Land Value: $972,000
  • Market Improvement Value: $247,724

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,587

    Exemptions

  • Homeowner Exemption: Yes



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
3,116 ft²
$538/ft²
$1,675,000 Jul 3, 2023
$1,675,000 Nov 28, 2023
$688/mo
House
4 Beds
5 Baths
3,603 ft²
$555/ft²
$2,000,000 Sep 6, 2023
$2,000,000 Nov 30, 2023
$683/mo
House
5 Beds
8 Baths
5,348 ft²
$306/ft²
$1,634,000 Oct 4, 2023
$1,634,000 Nov 20, 2023
$937/mo
Condo
3 Beds
4 Baths
2,600 ft²
$692/ft²
$1,800,050 Aug 1, 2023
$1,800,050 Sep 29, 2023
$4,742/mo
Townhouse
3 Beds
4 Baths
2,097 ft²
$739/ft²
$1,550,000 May 3, 2023
$1,550,000 Oct 31, 2023
$587/mo
Condo
3 Beds
4 Baths
1,613 ft²
$914/ft²
$1,475,000 Aug 22, 2023
$1,475,000 Oct 17, 2023
$3,609/mo
House
4 Beds
3 Baths
2,561 ft²
$715/ft²
$1,830,000 Jul 25, 2023
-
$929/mo
House
4 Beds
3 Baths
2,062 ft²
$873/ft²
$1,800,000 Sep 15, 2023
-
$977/mo
House
4 Beds
4 Baths
2,224 ft²
$787/ft²
$1,750,000 Sep 12, 2023
-
$1,026/mo
House
4 Beds
3 Baths
2,694 ft²
$557/ft²
$1,500,000 Jan 22, 2024
-
$1,030/mo
House
4 Beds
4 Baths
2,220 ft²
$944/ft²
$2,095,000 Dec 13, 2023
-
$1,497/mo
House
4 Beds
3 Baths
1,931 ft²
$826/ft²
$1,595,000 Jan 5, 2024
-
$1,369/mo

About Coral Way


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Frequently Asked Questions

When was property at 2500 Southwest 7th Avenue built and last sold?
The property at 2500 Southwest 7th Avenue was built in 1933 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2500 Southwest 7th Avenue is $1,828,100.
What are some comparable homes to 2500 Southwest 7th Avenue?
Homes that are comparable to 2500 Southwest 7th Avenue include a house property at 1951 Southwest 12th Avenue, 2401 Southwest 4th Avenue, 2298 Southwest 16th Avenue.

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