by RH Advisors

See Home Value
$475,000
House - Off Market

2928 SW 12th St

Miami, FL 33135
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1885 Sqft
$3,017
Estimated Monthly
$0
HOA / Fees
18.51%
Cap Rate

About This Property

ZONED DUPLEX: THIS PORPERTY IS BEING SOLD FOR LAND VALUE ONLY.  PUT YOUR OFFERS IN QUICK BECAUSE THESE OPPORTUNITIES DO NOT COME OFTEN.  YES, BUY THIS AMAZING PROPERTY, DEMOLISH THE STRUCTURE AND BUILD YOUR NEXT INVESTMENT THERE.  WORTH EVERY PENNY.  JUST DOWN THE STREET FROM THE 836 WHICH CONNECT TO EITHER THE PALMETTO OR I95 AND GET TO BRICKELL, THE BEACHES, THE AIRPORT OR DOWN THE STREET TO CORAL GABLES...THIS IS LITTLE HAVANA BRINGING OPPORTUNITIES TO YOUR PORTFOLIO.  MAKE SURE TO ACT QUICK.  SOLD AS IS AND FOR LAND VALUE ONLY.  AMAZING TIMES!  BEST OF LUCK AND END THE YEAR KNOWING THAT 2024 WILL START WITH A BANGING OPPORTUNITY!
Unit Size
1,885Ft²
Days on Market
59 days
Land Size
0.16 acres
Price per sqft
$246
Property Type
House
Property Taxes
$736
HOA Dues
-
Year Built
1930
Last updated: 4 months ago (Miami MLS #A11490037)

Price History

Date / Event Date Event Price
Jan 22, 2024 Sold $475,000
Sold
Dec 7, 2023 In contract -
In contract
Nov 21, 2023 Listed by K & A Realty $464,500
Listed by K & A Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1959
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,950
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,275
  • Gross Building Area: 2,275
  • Building Area: 1,885
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,885
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MC ALLISTER TERRACE
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 9 54 41 MC ALLISTER TERRACE PB 14-49 LOT 9 BLK 1 LOT SIZE 50.000 X 139 OR 19327-0008 09 2000 1 COC 26132-2915 12 2007 5

Ownership

  • Current Owner : 2928 SW 12 ST LLC
  • Previous Owner : US BANK NATIONAL ASSOCIATION
  • Owner Before Previous Owner: RODRIGUEZ FRANCISCA
  • 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: 006303

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 245
  • District: 01
  • Parcel: 01-4109-005-0080
  • Block: 1
  • Lot: 9
  • Meridian: SEC 09 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7612
  • Longitude: -80.2414

    Address

  • Full Address: 2928 Sw 12th St
  • Address - House Number: 2928
  • Street Direction: SW
  • Address - Street Name: 12th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C021
  • 4-Digit Zip Code: 4716
  • Zip Code: 33135

Valuation

    Tax

  • Total Area: 1,915
  • Tax Year: 2023
  • Tax Amount: $9,196
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 726,846
  • High Value: 863,144
  • Low Value: 590,548

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: VAVRINA HOLDINGS LLC
  • First Open Lien Mortgage Recording Date: Jan 22, 2024
  • First Open Lien Mortgage Loan Amount: $280,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jan 31, 2025

    Market Valuation

  • Market Total Value: $576,199
  • Market Land Value: $417,000
  • Market Improvement Value: $159,199

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,642

    Sales

  • Current Sale Contract Date: Jan 18, 2024
  • Current Sale Recording Date: Jan 22, 2024
  • Current Sale Transaction ID: 11919914963
  • Current Sale Price: $475,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 55431
  • Previous Sale Recording Date: May 09, 2023
  • Previous Sale Contract Date: May 01, 2023
  • Previous Sale Amount: $366,000
  • Previous Sale Document Type: Certificate of Transfer

    Last Sale Mortgage

  • First Mortgage Lender: VAVRINA HOLDINGS LLC
  • First Mortgage Transaction Date: Jan 22, 2024
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jan 31, 2025



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,305 ft²
$387/ft²
$505,000 Aug 17, 2023
$505,000 Oct 12, 2023
$85/mo
House
3 Beds
1 Bath
1,554 ft²
$309/ft²
$480,000 Oct 22, 2023
$480,000 Oct 30, 2023
$754/mo
House
3 Beds
2 Baths
1,326 ft²
$370/ft²
$490,000 Aug 23, 2023
$490,000 Oct 19, 2023
$527/mo
House
3 Beds
2 Baths
1,279 ft²
$0/ft²
$550 Nov 1, 2023
$550 Dec 7, 2023
$376/mo
House
3 Beds
2 Baths
1,186 ft²
$463/ft²
$549,000 Sep 2, 2023
$549,000 Dec 22, 2023
$492/mo
House
3 Beds
1 Bath
988 ft²
$364/ft²
$360,000 Sep 20, 2023
$360,000 Oct 16, 2023
$312/mo
House
3 Beds
3 Baths
1,608 ft²
$306/ft²
$492,000 Oct 20, 2023
-
$639/mo
House
3 Beds
1 Bath
1,182 ft²
$465/ft²
$550,000 Oct 24, 2023
-
$177/mo
House
3 Beds
1 Bath
1,182 ft²
$465/ft²
$550,000 Nov 9, 2023
-
$177/mo
House
2 Beds
1 Bath
1,312 ft²
$309/ft²
$405,000 Aug 4, 2023
-
$464/mo
House
2 Beds
1 Bath
1,223 ft²
$429/ft²
$525,000 Dec 14, 2023
-
$165/mo
House
2 Beds
1 Bath
764 ft²
$524/ft²
$400,000 Oct 23, 2023
-
$371/mo

About Western Miami


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Frequently Asked Questions

When was property at 2928 Southwest 12th Street built and last sold?
The property at 2928 Southwest 12th Street was built in 1930 and last sold on Jan 18, 2024 for $475,000.
How much is this home worth?
The estimated value of the home located at 2928 Southwest 12th Street is $487,422.
What are some comparable homes to 2928 Southwest 12th Street?
Homes that are comparable to 2928 Southwest 12th Street include a house property at 3040 Southwest 12th Street, 630 Southwest 32nd Avenue, 521 Northwest 33rd Avenue.

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