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435 West 51st Street

435 West 51st Street, Miami Beach, FL 33140
Property in Lake View
Sold Nov 23, 2021
$2,790,000
$800,000 by First Republic Bank
Mortgage Due Dec 01, 2051
Sold Jun 17, 2019
$1,500,000
$900,000 by Fm Home Loans Llc
Mortgage Due Jul 01, 2049
435 West 51st Street has been categorized by the local assessors in Miami Beach, FL as a residential type of property. The building on the property was first built in 1939 and is 85 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 435 West 51st Street has 2,722 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 564 ft. The area measurement of the land has been determined as 7,050 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. The exterior walls of the building are made of a combination of material. 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, 435 West 51st Street was last sold in Nov 15, 2021 for $2,790,000. According to our calculations, that's $1,007.22 per sqft. Prior to that sales transaction, the property was sold for $1,500,000 in Jun 4, 2019. Current property owners are expected to pay $40,492 in taxes per year. The property on 435 West 51st Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,183,944. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,050
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 564
  • Total Building Area: 2,770
  • Gross Building Area: 2,770
  • Building Area: 2,722
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,722
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE VIEW SUB
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE VIEW SUB PB 14-42 LOT 6 LESS W10FT BLK 9 A LOT SIZE 56.400 X 125 OR 18723-3430 07 1999 1

Ownership

  • Current Owner : GEORGIADES ANTHEMOS
  • Current Owner 2: GEORGIADES LUCY
  • Previous Owner : MEIER JEFFREY
  • Previous Owner 2: EDDY ERIC
  • Owner Before Previous Owner: ROSENBERG ELYSE
  • Owner Before Previous Owner 2: KHOUDARI ALAN MIRO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 003906

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 176
  • District: 02
  • Parcel: 02-3222-022-0060
  • Block: 9
  • Lot: 6
  • Meridian: SEC 22 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8276
  • Longitude: -80.1258

    Address

  • Full Address: 435 W 51st St
  • Address - House Number: 435
  • Street Direction: W
  • Address - Street Name: 51st
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 2609
  • Zip Code: 33140

Valuation

    Tax

  • Total Area: 2,522
  • Tax Year: 2023
  • Tax Amount: $40,492
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 3,680,158
  • High Value: 4,346,029
  • Low Value: 3,014,287

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $800,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $2,641,949
  • Market Land Value: $1,410,000
  • Market Improvement Value: $1,231,949

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,183,944

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Transaction ID: 11872631277
  • Current Sale Price: $2,790,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0880183
  • Previous Sale Recording Date: Jun 17, 2019
  • Previous Sale Contract Date: Jun 04, 2019
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Nov 23, 2021
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FM HOME LOANS LLC
  • Previous Mortgage Transaction Date: Jun 17, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $900,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2049

About La Gorce



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Frequently Asked Questions

What neighborhood is 435 West 51st Street located in?
The 435 West 51st Street is a located in the neighborhood of Lake View in La Gorce, Miami Beach.
What is the average sales price for listings in 435 West 51st Street?
The average sales price for units in 435 West 51st Street is $0 currently.

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