by RH Advisors

See Home Value
$870,000
House - Off Market

27 SW 55 Ave Rd

Miami, FL 33134
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1636 Sqft
$4,845
Estimated Monthly
$0
HOA / Fees
10.24%
Cap Rate

About This Property

This home is perfect for a multi generational living arrangement. Part of the home is partitioned into a 3-bedroom, 1-bath unit which is leased for $2,650/month. There is a separate 1-bedroom, 1-bath unit that's rented for $1,650/month and in the back of the home is a studio/in-law suite that is currently rented for $1,500/month. The home has been updated with new kitchens, bathrooms and electric. Net income on this property is $59,000. If you're looking to live in one part of the home and have your tenants pay your mortgage, this is the perfect property with two meters, making it even easier to rent. Ideally located next door to Coral Gables, downtown Miami, public transportation and shopping. There are two meters on this property.
Unit Size
1,636Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$532
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1926
Last updated: 7 days ago (Miami MLS #A11562892)

Price History

Date / Event Date Event Price
Apr 30, 2024 No longer available -
No longer available
Apr 3, 2024 Listed by Keller Williams St Pete Realty $870,000
Listed by Keller Williams St Pete Realty
Oct 26, 2019 Sold to Nilda Marie Torres $310,000
Sold to Nilda Marie Torres

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,750
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,700
  • Gross Building Area: 1,700
  • Building Area: 1,636
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,636
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: FLAGLER TERR
  • Land Acres: 0.132
  • Legal Description 1: PB 38-80 AMENDED PLAT OF FLAGLER TERR LOT 4 BLK 1 LOT SIZE 50.000 X 115 73R-207662 COC 23528-1469 06 2005 6

Ownership

  • Current Owner : TORRES NILDA MARIE
  • Previous Owner : CENDAN LETICIA
  • Owner Before Previous Owner: GONZALEZ LILLIAN
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005806

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 242
  • District: 01
  • Parcel: 01-4106-046-0021
  • Block: 1
  • Lot: 4
  • Meridian: SEC 06 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7704
  • Longitude: -80.2844

    Address

  • Full Address: 27 Sw 55th Avenue Rd
  • Address - House Number: 27
  • Street Direction: SW
  • Address - Street Name: 55th Avenue
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C022
  • 4-Digit Zip Code: 1036
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 1,440
  • Tax Year: 2023
  • Tax Amount: $6,874
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 831,412
  • High Value: 909,511
  • Low Value: 753,314

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,385
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 26, 2019
  • First Open Lien Mortgage Loan Amount: $304,385
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $392,716
  • Market Land Value: $258,854
  • Market Improvement Value: $133,862

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,452

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 17, 2019
  • Current Sale Recording Date: Oct 26, 2019
  • Current Sale Transaction ID: 11677779298
  • Current Sale Price: $310,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2019R0675070
  • Previous Sale Recording Date: Jun 30, 2005
  • Previous Sale Contract Date: Jun 10, 2005
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Oct 26, 2019
  • First Mortgage Loan Amount: $304,385
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • Previous Mortgage Transaction Date: Jun 30, 2005
  • Previous Mortgage Loan Amount: $128,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Jul 01, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
1,651 ft²
$459/ft²
$758,000 Jan 24, 2024
$758,000 Mar 8, 2024
$767/mo
House
5 Beds
2 Baths
2,128 ft²
$324/ft²
$690,000 Oct 25, 2023
$690,000 Dec 18, 2023
$203/mo
House
4 Beds
3 Baths
1,702 ft²
$499/ft²
$850,000 Jul 19, 2023
$850,000 Nov 22, 2023
$1,027/mo
House
4 Beds
3 Baths
1,500 ft²
$613/ft²
$920,000 Oct 17, 2023
$920,000 Feb 2, 2024
$853/mo
House
4 Beds
3 Baths
1,836 ft²
$409/ft²
$750,000 Jun 14, 2023
$750,000 Sep 18, 2023
$470/mo
House
4 Beds
2 Baths
1,892 ft²
$402/ft²
$760,000 Sep 21, 2023
$760,000 Oct 27, 2023
$442/mo
House
5 Beds
2 Baths
2,234 ft²
$394/ft²
$880,000 Apr 1, 2024
-
$810/mo
House
4 Beds
3 Baths
1,632 ft²
$457/ft²
$745,000 Feb 19, 2024
-
$611/mo
House
4 Beds
2 Baths
1,590 ft²
$522/ft²
$830,000 Feb 23, 2024
-
$851/mo
House
4 Beds
2 Baths
1,616 ft²
$557/ft²
$900,000 Feb 26, 2024
-
$330/mo
House
4 Beds
2 Baths
1,783 ft²
$446/ft²
$795,000 Dec 14, 2023
-
$484/mo
House
4 Beds
3 Baths
1,821 ft²
$542/ft²
$987,000 Jan 2, 2024
-
$416/mo

About Western Miami


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Frequently Asked Questions

When was property at 27 Southwest 55th Avenue built and last sold?
The property at 27 Southwest 55th Avenue was built in 1926 and last sold on Oct 17, 2019 for $310,000.
How much is this home worth?
The estimated value of the home located at 27 Southwest 55th Avenue is $878,700.
What are some comparable homes to 27 Southwest 55th Avenue?
Homes that are comparable to 27 Southwest 55th Avenue include a house property at 5170 Southwest 7th Street, 5190 Northwest 2nd Terrace, 329 Southwest 48th Court.

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