See Home Value
$1,018,749*
House - Off Market

4900 NW 4th Ter

Miami, FL 33126
bedrooms
7 Beds
bathrooms
4 Baths
square feet
3873 Sqft
$855,000 - $1,045,000
Reference Base Price*
7.24%
Since Mar 1, 2023
FL-Miami
Primary Model
Refi May 08, 2013
Transfer
$525,000 by Generation Mortgage Co
Mortgage Due Nov 05, 2098

About This Property

Two-story property with four apartments of which three apartments are rented that generate a profit of $56,000 per year. The other apartment is where the owner lives that would generate more return. All air conditioning units are new (3). The roof was installed ten years ago. It has parking for 4 cars. The property is very well located, close to downtown and the airport. It is a great opportunity for investors due to the high rental return that the property currently has. Occupied property, use showing instructions. Do not disturb the owner. 24 Hour Notice.

The manager has listed the unit size as 3873 square feet.
Unit Size
3,873Ft²
Days on Market
-
Land Size
-
Price per sqft
$245
Property Type
House
Property Taxes
$565
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Feb 10, 2023 No longer available -
No longer available
Jan 4, 2023 Price Decreased $950,000
↓ $10K (1%)
Price Decreased
Nov 7, 2022 Listed $960,000
Listed

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,808
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 744
  • Total Building Area: 5,258
  • Gross Building Area: 5,258
  • Building Area: 4,883
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,883
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLAGLER GROVE MANORS
  • Land Acres: 0.179
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 6 54 41 FLAGLER GROVE MANORS PB 62-7 LOT 1 BLK 2 LOT SIZE 74.360 X 105 OR 13211-3175 0387 1

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005708

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 242
  • District: 01
  • Parcel: 01-4106-069-0110
  • Block: 2
  • Lot: 1
  • Meridian: SEC 06 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7761
  • Longitude: -80.2763

    Address

  • Full Address: 4900 Nw 4th Ter
  • Address - House Number: 4900
  • Street Direction: NW
  • Address - Street Name: 4th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C012
  • 4-Digit Zip Code: 5110
  • Zip Code: 33126

Valuation

    Tax

  • Total Area: 4,376
  • Tax Year: 2023
  • Tax Amount: $10,098
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 900,198
  • High Value: 984,758
  • Low Value: 815,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $525,000
  • First Open Lien Mortgage Lender: GENERATION MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 08, 2013
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $525,000
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Nov 05, 2098

    Market Valuation

  • Market Total Value: $741,135
  • Market Land Value: $288,903
  • Market Improvement Value: $452,232

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $498,032

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,464 ft²
$676/ft²
$990,000 Dec 7, 2022
-
$849/mo
House
2 Beds
1 Bath
1,295 ft²
$692/ft²
$895,950 Dec 4, 2022
-
$729/mo
House
2 Beds
2 Baths
1,283 ft²
$627/ft²
$805,000 Nov 11, 2022
-
$194/mo
House
2 Beds
1 Bath
1,024 ft²
$781/ft²
$799,999 Feb 2, 2023
-
$914/mo
House
2 Beds
1 Bath
930 ft²
$882/ft²
$820,000 Nov 3, 2022
-
$303/mo
Commercial
Loft
-
2,312 ft²
$374/ft²
$865,000 Jan 20, 2022
-
$572/mo
House
4 Beds
3 Baths
-
$800,000 Dec 13, 2022
-
$333/mo
Triplex
Stu
-
2,075 ft²
$385/ft²
$799,000 Jan 6, 2023
-
$887/mo
Multifamily
Stu
-
2,067 ft²
$392/ft²
$810,000 Feb 6, 2023
-
$842/mo

About Western Miami


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Nearby Rentals

Unit for rent at

$25,000 /mo

  • 6 Beds
  • 6.5 Baths
  • 4,153 ft²
Listing by Gustavo Blachman


Frequently Asked Questions

When was property at 4900 Northwest 4th Terrace built and last sold?
The property at 4900 Northwest 4th Terrace was built in 1956 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4900 Northwest 4th Terrace is $969,600.
What are some comparable homes to 4900 Northwest 4th Terrace?
Homes that are comparable to 4900 Northwest 4th Terrace include a house property at 1216 Wallace Street, 5618 Southwest 6th Street, 908 Tangier Street.

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