by RH Advisors

Check Availability
$475,000
House - In Contract

2779 NW 4th Ter

Miami, FL 33125
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1809 Sqft
$2,714
Estimated Monthly
$0
HOA / Fees
31.88%
Cap Rate

About This Property

2779 nw 4 ter - $475K – Single Family

Little Havana Corner Single family home.  5 bedroom 2 bath home totaling 1,809sf of building on a 6,100sf corner lot.  Property features central a/c, and verdant landscaping proving the home with a wonderful tree canopy and plenty of shade.  Solid, working-class neighborhood.  Current NOI of $18k, raisable to Proforma NOI of $26k, and close to a 6% cap at asking price.  Property benefits from being in a neighborhood with plenty of great retail options on several active commercial corridors, solid and safe schools, and close to all the major employment centers of our city.  Priced very reasonable to sell. The perfect first time investment.
Unit Size
1,809Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$263
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1938
Listed By
Vicente Rodriguez
Fausto Commercial Realty Consultants Inc
Last updated: 3 months ago (Miami MLS #A11490830)

Price History

Date / Event Date Event Price
Feb 12, 2024 In contract -
In contract
Dec 15, 2023 Relisted $475,000
Relisted
Dec 6, 2023 In contract -
In contract
Nov 24, 2023 Listed by Fausto Commercial Realty Consultants Inc $475,000
Listed by Fausto Commercial Realty Consultants Inc

Property Highlights

Air Conditioning
Parking Details
Has Open Parking
Parking Features: Driveway
Carport Spaces: 5
Covered Parking Spaces: 5
Interior Details

Bathroom Information

Full Bathrooms: 2

Bedroom Information

Bedrooms: 5
Bedroom Features: At Least 1 Bedroom Ground Level, None

Interior Information

Interior Features: First Floor Entry, Other
Appliances: Other Equipment/Appliances
Flooring Type: Concrete

Room Information

Living Room Features: Other

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,100
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 526
  • Total Building Area: 1,809
  • Gross Building Area: 1,809
  • Building Area: 1,809
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,809
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GROSSE POINTE HIGHLANDS
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GROSSE POINTE HIGHLANDS PB 34-82 LOT 18 BLK 3 LOT SIZE 52.590 X 116 OR 19733-0032 06 2001 1 COC 22349-1134 05 2004 1

Ownership

  • Current Owner : GLOBAL REI GROUP LLC
  • Previous Owner : CHAVEZ WILBERT DE LOS A
  • Owner Before Previous Owner: GUTIERREZ SONIA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005506

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 240
  • District: 01
  • Parcel: 01-4104-012-0590
  • Block: 3
  • Lot: 18
  • Meridian: SEC 04 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7773
  • Longitude: -80.2411

    Address

  • Full Address: 2779 Nw 4th Ter
  • Address - House Number: 2779
  • Street Direction: NW
  • Address - Street Name: 4th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C070
  • 4-Digit Zip Code: 4340
  • Zip Code: 33125

Valuation

    Tax

  • Total Area: 1,748
  • Tax Year: 2023
  • Tax Amount: $4,580
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 460,437
  • High Value: 503,688
  • Low Value: 417,186

    Market Valuation

  • Market Total Value: $301,110
  • Market Land Value: $265,454
  • Market Improvement Value: $35,656

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,498

    Sales

  • Current Sale Contract Date: Feb 27, 2012
  • Current Sale Recording Date: Mar 02, 2012
  • Current Sale Transaction ID: 11458043609
  • Current Sale Price: $79,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012R0149401
  • Previous Sale Recording Date: May 28, 2004
  • Previous Sale Contract Date: May 20, 2004
  • Previous Sale Amount: $229,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ARGENT MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: May 28, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $221,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2034

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,823 ft²
$272/ft²
$495,000 Aug 23, 2023
$495,000 Oct 26, 2023
$326/mo
House
4 Beds
3 Baths
1,885 ft²
$252/ft²
$475,000 Nov 21, 2023
$475,000 Jan 19, 2024
$736/mo
House
4 Beds
2 Baths
1,305 ft²
$387/ft²
$505,000 Aug 17, 2023
$505,000 Oct 12, 2023
$85/mo
House
3 Beds
2 Baths
1,764 ft²
$293/ft²
$517,000 Sep 7, 2023
$517,000 Oct 30, 2023
$167/mo
House
3 Beds
2 Baths
1,615 ft²
$254/ft²
$410,000 Nov 16, 2023
$410,000 Dec 28, 2023
$99/mo
House
3 Beds
1 Bath
1,554 ft²
$309/ft²
$480,000 Oct 22, 2023
$480,000 Oct 30, 2023
$754/mo
House
4 Beds
2 Baths
1,725 ft²
$307/ft²
$530,000 Feb 4, 2024
-
$392/mo
House
4 Beds
2 Baths
1,453 ft²
$392/ft²
$569,900 Feb 3, 2024
-
$629/mo
House
2 Beds
1 Bath
1,991 ft²
$264/ft²
$525,000 Oct 16, 2023
-
$431/mo
House
3 Beds
2 Baths
1,568 ft²
$318/ft²
$499,000 Aug 31, 2023
-
$112/mo
House
3 Beds
1 Bath
1,515 ft²
$330/ft²
$500,000 Feb 15, 2024
-
$659/mo
House
7 Beds
4 Baths
2,542 ft²
$216/ft²
$549,000 Oct 16, 2023
-
$597/mo

About Western Miami


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Frequently Asked Questions

When was property at 2779 Northwest 4th Terrace built and last sold?
The property at 2779 Northwest 4th Terrace was built in 1938 and last sold on Feb 27, 2012 for $79,000.
How much is this home worth?
The estimated value of the home located at 2779 Northwest 4th Terrace is $479,750.
What are some comparable homes to 2779 Northwest 4th Terrace?
Homes that are comparable to 2779 Northwest 4th Terrace include a house property at 810 Northwest 21st Court, 136 Northwest 25th Avenue, 3014 Southwest 5th Street.

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