by RH Advisors

See Home Value
$770,000
House - Off Market

3450 SW 7th St

Miami, FL 33135
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1822 Sqft
$4,943
Estimated Monthly
$0
HOA / Fees
7.42%
Cap Rate

About This Property

Prime Investment! Duplex with Double Delight! Two identical units, each boasting 2 beds and 1 bath each with a washer/dryer in the back.Spacious living, conveniently located near shops, dining, Miracle Mile, and the airport.  A corner lot, and fantastic income potential, this is a golden opportunity for investors. Around the corner from the famous Versailles. Act now – schedule a viewing and explore the potential of this exceptional multi-family property!

Upstairs unit is the only one that is vacant and available to be seen. Downstairs unit is occupied till the end of the month. Come January they will both be available to see.  Please use ShowingTime and text LA.
Unit Size
1,822Ft²
Days on Market
129 days
Land Size
0.17 acres
Price per sqft
$456
Property Type
House
Property Taxes
$867
HOA Dues
-
Year Built
1949
Last updated: 14 days ago (Miami MLS #A11497651)

Price History

Date / Event Date Event Price
Apr 15, 2024 Sold $770,000
Sold
Feb 5, 2024 In contract -
In contract
Jan 22, 2024 Price Decreased $830,000
↓ $20K (2.4%)
Price Decreased
Dec 8, 2023 Listed by Redfin Corporation $850,000
Listed by Redfin Corporation

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Concrete block
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,527
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 602
  • Total Building Area: 1,871
  • Gross Building Area: 1,871
  • Building Area: 1,822
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,822
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILDRED PARK
  • Land Acres: 0.173
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: MILDRED PARK PB 16-68 LOT 12 & W10FT OF N60FT LOT 13 & W15FT OF S70FT LOT 13 BLK 1 LOT SIZE IRREGULAR 75R-59970

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005503

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 240
  • District: 01
  • Parcel: 01-4104-007-0040
  • Block: 1
  • Lot: 12,13
  • Meridian: SEC 04 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7655
  • Longitude: -80.2519

    Address

  • Full Address: 3450 Sw 7th St
  • Address - House Number: 3450
  • Street Direction: SW
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C025
  • 4-Digit Zip Code: 4102
  • Zip Code: 33135

Valuation

    Tax

  • Total Area: 1,620
  • Tax Year: 2023
  • Tax Amount: $10,405
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 791,147
  • High Value: 865,464
  • Low Value: 716,830

    Market Valuation

  • Market Total Value: $479,000
  • Market Land Value: $327,542
  • Market Improvement Value: $151,458

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $464,443



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,743 ft²
$460/ft²
$801,650 Oct 25, 2023
$801,650 Feb 29, 2024
$735/mo
House
4 Beds
3 Baths
1,957 ft²
$400/ft²
$782,500 Oct 17, 2023
$782,500 Jan 19, 2024
$281/mo
House
3 Beds
2 Baths
1,762 ft²
$542/ft²
$955,000 Aug 31, 2023
$955,000 Oct 17, 2023
$553/mo
House
3 Beds
1 Bath
952 ft²
$725/ft²
$690,000 Sep 20, 2023
$690,000 Feb 2, 2024
$303/mo
Condo
3 Beds
2 Baths
1,495 ft²
$492/ft²
$735,000 Jan 10, 2024
$735,000 Feb 16, 2024
$895/mo
Condo
2 Beds
3 Baths
1,577 ft²
$497/ft²
$784,000 Apr 19, 2023
$784,000 Mar 5, 2024
$2,165/mo
House
3 Beds
2 Baths
1,908 ft²
$364/ft²
$695,000 Jan 30, 2024
-
$39,067/mo
In Contract
House
3 Beds
2 Baths
1,649 ft²
$567/ft²
$935,550 Dec 5, 2023
-
$578/mo
House
3 Beds
2 Baths
1,452 ft²
$660/ft²
$959,000 Feb 26, 2024
-
$469/mo
House
3 Beds
2.5 Baths
2,125 ft²
$435/ft²
$924,900 Apr 11, 2024
-
$679/mo
House
3 Beds
2 Baths
1,166 ft²
$651/ft²
$759,000 Dec 11, 2023
-
$961/mo
House
3 Beds
1 Bath
952 ft²
$940/ft²
$895,000 Apr 12, 2024
-
$315/mo

About Western Miami


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Frequently Asked Questions

When was property at 3450 Southwest 7th Street built and last sold?
The property at 3450 Southwest 7th Street was built in 1949 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3450 Southwest 7th Street is $837,012.
What are some comparable homes to 3450 Southwest 7th Street?
Homes that are comparable to 3450 Southwest 7th Street include a house property at 3202 Southwest 3rd Street, 47 Fonseca Avenue, 42 Southwest 34th Avenue.

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