2955 Northeast 7th Avenue

Local assessors in Miami, FL have categorized 2955 Northeast 7th Avenue as a office type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 2,259 square feet. If we look only at the heated or air conditioned part of the building, then 2955 Northeast 7th Avenue has a total of 7,690 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2955 Northeast 7th Avenue was last sold in Apr 8, 2021 for $5,350,000. According to our calculations, that's $695.71 per sqft. Prior to that sales transaction, the property was sold for $29,100,000 in Mar 27, 2013. Current property owners are expected to pay $37,987 in taxes per year. The property on 2955 Northeast 7th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $807,592. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.