Check Availability

50 Northwest 79th Street

50 Northwest 79th Street, Miami, FL 33150
Commercial in Little River
Sold Mar 12, 2019
$1,175,000
$739,000 by Arbor Commercial Funding Llc
Mortgage Due May 01, 2033
Sold Feb 12, 2018
$975,000
Local assessors in Miami, FL have categorized 50 Northwest 79th Street as a residential type of property. The home was built in 1934 and is 90 years old. The property's lot size has been calculated to be 9,353 square feet. The linear feet between the front and back of the lot was measured at 1,310 ft and the front of the lot was measured at 714 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 11 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 11 full bathrooms. There are also 11 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 50 Northwest 79th Street has a total of 4,764 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Lots of concrete block were used in the construction of the exterior walls of the home. 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, 50 Northwest 79th Street was last sold in Mar 7, 2019 for $1,175,000. According to our calculations, that's $246.64 per sqft. Prior to that sales transaction, the property was sold for $975,000 in Feb 2, 2018. Current property owners are expected to pay $19,432 in taxes per year. The property on 50 Northwest 79th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $945,300. To break that down further, the land itself was valued at $935,300. While improvements to the property were assessed at a total of $10,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Parking

Assigned Parking
Guest Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Bedroom Count: 11
  • Bathroom Count: 11
  • Full Bathrooms: 11
  • Partial Bathrooms: 11
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 11
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,353
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 714
  • Total Building Area: 4,764
  • Gross Building Area: 4,764
  • Building Area: 4,764
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,764
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PHOENIX PARK SUB
  • Land Acres: 0.215
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 12 53 41 PHOENIX PARK SUB PB 6-80 N140.7FT OF LOT 4 LESS N10FT BLK 1 LOT SIZE 71.400 X 131 OR 15933-2541 0693 1 COC 26428-3600 05 2008 5

Ownership

  • Current Owner : 50 NW 79 LLC
  • Previous Owner : 79TH STREET MIAMI LLC
  • Owner Before Previous Owner: 50 NW 79TH ST LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 001401

Zoning

  • Zoning: 6100

Geography

  • Assessors Map Reference: 139
  • District: 01
  • Parcel: 01-3112-048-0040
  • Block: 1
  • Lot: 4
  • Meridian: SEC 12 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8472
  • Longitude: -80.1979

    Address

  • Full Address: 50 Nw 79th St
  • Address - House Number: 50
  • Street Direction: NW
  • Address - Street Name: 79th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C061
  • 4-Digit Zip Code: 3060
  • Zip Code: 33150

Valuation

    Tax

  • Total Area: 4,145
  • Tax Year: 2023
  • Tax Amount: $19,432
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 1,137,375
  • High Value: 1,635,846
  • Low Value: 638,903

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $739,000
  • First Open Lien Mortgage Lender: ARBOR COMMERCIAL FUNDING LLC
  • First Open Lien Mortgage Recording Date: Apr 12, 2021
  • First Open Lien Mortgage Loan Amount: $739,000
  • First Open Lien Mortgage Term: 144
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 01, 2033

    Market Valuation

  • Market Total Value: $945,300
  • Market Land Value: $935,300
  • Market Improvement Value: $10,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $945,300
  • Assessed Land Value: $935,300
  • Assessed Improvements Value: $10,000

    Sales

  • Current Sale Contract Date: Mar 07, 2019
  • Current Sale Recording Date: Mar 12, 2019
  • Current Sale Transaction ID: 11590665162
  • Current Sale Price: $1,175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0160068
  • Previous Sale Recording Date: Feb 12, 2018
  • Previous Sale Contract Date: Feb 02, 2018
  • Previous Sale Amount: $975,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 79TH STREET MIAMI LLC
  • First Mortgage Transaction Date: Mar 12, 2019
  • First Mortgage Loan Amount: $822,500
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Mar 07, 2020

About Northern Miami



Similar Buildings

Commercial at 50 Northwest 79th Street,

92 Northeast 82nd Street

  • 1 Unit for Sale
92 Northeast 82nd Street, Miami, FL 33138
Commercial at 50 Northwest 79th Street,

8214 Northeast 1st Avenue

  • 1 Unit for Sale
8214 Northeast 1st Avenue, Miami, FL 33138
Commercial at 50 Northwest 79th Street,

280 Northwest 79th Street

  • 1 Unit for Sale
280 Northwest 79th Street, Miami, FL 33150
Commercial at 50 Northwest 79th Street,

8230 Northeast 1st Place

  • 1 Unit for Sale
8230 Northeast 1st Place, Miami, FL 33138
Commercial at 50 Northwest 79th Street,

256 Northwest 82nd Terrace

  • 1 Unit for Sale
256 Northwest 82nd Terrace, Miami, FL 33150
Commercial at 50 Northwest 79th Street,

7635 Northeast 2nd Avenue

  • 1 Unit for Sale
7635 Northeast 2nd Avenue, Miami, FL 33138
Commercial at 50 Northwest 79th Street,

314 Northwest 82nd Street

  • 1 Unit for Sale
314 Northwest 82nd Street, Miami, FL 33150
Commercial at 50 Northwest 79th Street,

8163 Northeast 2nd Avenue

  • 1 Unit for Sale
8163 Northeast 2nd Avenue, Miami, FL 33138
Commercial at 50 Northwest 79th Street,

229 Northwest 84th Street

  • 1 Unit for Sale
229 Northwest 84th Street, Miami, FL 33150

Nearby Rentals

Unit for rent at

$1,550 /mo

  • Studio
  • 1 Bath
Listing by Ann Awadi

Frequently Asked Questions

What neighborhood is 50 Northwest 79th Street located in?
The 50 Northwest 79th Street is a commercial located in the neighborhood of Little River in Northern Miami, Miami.
What is the average sales price for listings in 50 Northwest 79th Street?
The average sales price for units in 50 Northwest 79th Street is $0 currently.

Quantcast