by RH Advisors

Check Availability
$1,950,000
↓ $150K (7.1%)
House - For Sale

405 SW 11th Ave

Miami, FL 33130
bedrooms
6 Beds
bathrooms
4 Baths
square feet
3554 Sqft
$10,805
Estimated Monthly
$0
HOA / Fees
11.55%
Cap Rate

About This Property

This remarkable Miami estate embodies charm, potential, and prime location. Boasting 6 bedrooms, 4 baths, cellar, two spacious-covered terraces, gated corner lot of 11,250 sq ft, with nearly 5000 sq ft living space. Updated electrical and plumbing, two water and electric meters, gleaming original wood floors, two fireplaces. Additional features include a detached two-car garage and original small apartment. Conveniently located within walking distance to Little Havana's Historic District and Calle Ocho's attractions. Minutes from Brickell, Miami Beach, Coral Gables, + Downtown. Whether seeking a luxurious residence or strategic multi-family investment, this property offers abundant possibilities. Seize the opportunity to explore its endless potential and make this Little Havana gem yours!
Unit Size
3,554Ft²
Days on Market
62 days
Land Size
0.26 acres
Price per sqft
$549
Property Type
House
Property Taxes
$1,230
HOA Dues
-
Year Built
1922

Listed By

Jack Coden
Jack Coden
Keller Williams Eagle Realty
Last updated: 2 months ago (Miami MLS #A11544883)

Price History

Date / Event Date Event Price
Apr 2, 2024 Price Decreased $1,950,000
↓ $150K (7.1%)
Price Decreased
Mar 7, 2024 Listed by Keller Williams Eagle Realty $2,100,000
Listed by Keller Williams Eagle Realty

Property Highlights

Parking Available
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, On Street
Garage Spaces: 2
Covered Parking Spaces: 2
Interior Details

Bathroom Information

Full Bathrooms: 4
Master Bathroom Features: Tub Only

Bedroom Information

Bedrooms: 6
Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Tub

Interior Information

Interior Features: First Floor Entry, Built-in Features, Other
Appliances: Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
Flooring Type: Ceramic Floor, Tile, Wood

Room Information

Dining Room Features: Breakfast Area, Dining/Living Room, Family/Dining Combination, Formal Dining
Living Room Features: Other

Fireplace Information

Has Fireplace
Fireplace Features: Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Building Style: Duplex
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 2
  • Floor Cover: Covered
  • Basement Area: 0
  • Garage Square Area: 210
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,250
  • Total Building Area: 4,950
  • Gross Building Area: 4,950
  • Building Area: 3,554
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,554
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAWRENCE ESTATE LAND COS SUB
  • Land Acres: 0.258
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LAWRENCE ESTATE LAND COS SUB PB 2-46 N75FT LOTS 7 8 9 BLK 24 LOT SIZE 11250 SQUARE FEET OR 19810-4799 05 2001 5

Ownership

  • Current Owner : FERROSTRUCTURES LLC
  • Previous Owner : SKAGGS GLEN O
  • Owner Before Previous Owner: STOKES PAUL M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005306

Zoning

  • Zoning: 3900

Geography

  • Assessors Map Reference: 238
  • District: 01
  • Parcel: 01-4102-005-4250
  • Block: 24
  • Lot: 7
  • Meridian: SEC 02 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7695
  • Longitude: -80.2126

    Address

  • Full Address: 405 Sw 11th Ave
  • Address - House Number: 405
  • Street Direction: SW
  • Address - Street Name: 11th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C065
  • 4-Digit Zip Code: 2407
  • Zip Code: 33130

Valuation

    Tax

  • Total Area: 3,917
  • Tax Year: 2023
  • Tax Amount: $14,762
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 1,994,262
  • High Value: 2,181,593
  • Low Value: 1,806,931

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $386,250
  • First Open Lien Mortgage Lender: DROP MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Oct 05, 2018
  • First Open Lien Mortgage Loan Amount: $386,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2048

    Market Valuation

  • Market Total Value: $633,216
  • Market Land Value: $607,500
  • Market Improvement Value: $25,716

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $608,723

    Sales

  • Current Sale Contract Date: Jun 02, 2015
  • Current Sale Recording Date: Jun 10, 2015
  • Current Sale Transaction ID: 1210244752
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015R0371097
  • Previous Sale Recording Date: Mar 09, 2015
  • Previous Sale Contract Date: Feb 25, 2015
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: A&D MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 10, 2015
  • First Mortgage Loan Amount: $190,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Stand Alone First
  • First Mortgage Loan Due Date: Jul 01, 2017

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
3,116 ft²
$538/ft²
$1,675,000 Jul 3, 2023
$1,675,000 Nov 28, 2023
$688/mo
House
4 Beds
4 Baths
3,841 ft²
$534/ft²
$2,050,000 Jul 2, 2023
$2,050,000 Oct 31, 2023
$499/mo
House
5 Beds
8 Baths
5,348 ft²
$306/ft²
$1,634,000 Oct 4, 2023
$1,634,000 Nov 20, 2023
$937/mo
Condo
3 Beds
5 Baths
3,065 ft²
$750/ft²
$2,300,000 May 4, 2023
$2,300,000 Oct 5, 2023
$5,821/mo
Condo
2 Beds
3 Baths
2,700 ft²
$778/ft²
$2,100,000 May 5, 2023
$2,100,000 Sep 29, 2023
$5,457/mo
Condo
3 Beds
4 Baths
2,600 ft²
$692/ft²
$1,800,050 Aug 1, 2023
$1,800,050 Sep 29, 2023
$4,742/mo
House
5 Beds
5 Baths
2,801 ft²
$646/ft²
$1,810,000 Jul 2, 2023
-
$391/mo
House
5 Beds
4 Baths
2,880 ft²
$868/ft²
$2,499,500 Feb 12, 2024
-
$1,034/mo
House
3 Beds
3 Baths
2,374 ft²
$864/ft²
$2,050,000 Mar 1, 2024
-
$1,053/mo
House
4 Beds
3 Baths
2,658 ft²
$658/ft²
$1,750,000 Feb 22, 2024
-
$352/mo
Other
Loft
-
3,746 ft²
$534/ft²
$2,000,000 Oct 11, 2023
-
$1,130/mo
Multifamily
Stu
-
3,146 ft²
$604/ft²
$1,900,000 Jan 8, 2024
-
$1,340/mo

About Western Miami


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Frequently Asked Questions

When was property at 405 Southwest 11th Avenue built and last sold?
The property at 405 Southwest 11th Avenue was built in 1922 and last sold on Jun 2, 2015 for $170,000.
How much is this home worth?
The estimated value of the home located at 405 Southwest 11th Avenue is $2,121,000.
What are some comparable homes to 405 Southwest 11th Avenue?
Homes that are comparable to 405 Southwest 11th Avenue include a house property at 2500 Southwest 7th Avenue, 1535 Southwest 13th Street, 428 Southwest 23rd Road.

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