2955 Coconut Avenue

Local assessors in Miami, FL have categorized 2955 Coconut Avenue as a residential type of property. The home was built in 2022 and is 2 years old. The property's lot size has been calculated to be 7,125 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 6 full bathrooms. There are also 7 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2955 Coconut Avenue has a total of 6,020 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Lots of concrete block were used in the construction of the exterior walls of the home. The property was last sold in Feb 11, 2019 for $20,461,000. That's $2,836.29 per sqft. Prior to that sales transaction, the property was also sold in Sep 29, 2016 for $590,000. 2955 Coconut Avenue was last assessed in 2023. The total value of the property was assessed at $2,067,743. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $43,575. The initial tax year of delinquency was in 2022. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.