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500 Northwest 24th Avenue

500 Northwest 24th Avenue, Miami, FL 33125
Multifamily in Indian Heights
Sold Jun 24, 2021
$650,000
$541,000 by Caliber Home Loans Inc
Mortgage Due Dec 01, 2051
Sold Sep 27, 2017
$600,000
$438,750 by Ready Mortgage Lenders Llc
Mortgage Due Oct 01, 2047
Local assessors in Miami, FL have categorized 500 Northwest 24th Avenue as a residential type of property. The home was built in 1940 and is 84 years old. It was most recently renovated and altered in 1986. The property's lot size has been calculated to be 12,125 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 970 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, 7 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 5 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 500 Northwest 24th Avenue has a total of 2,607 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. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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. The building has a gable or hip style roof that was made of tile. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. The property was last sold in Jun 10, 2021 for $650,000. That's $249.33 per sqft. Prior to that sales transaction, the property was also sold in Sep 22, 2017 for $600,000. 500 Northwest 24th Avenue was last assessed in 2023. The total value of the property was assessed at $567,937. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $14,147. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1986
  • Building Count: 2
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 970
  • Total Building Area: 2,607
  • Gross Building Area: 2,607
  • Building Area: 2,607
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,607
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INDIAN HEIGHTS
  • Land Acres: 0.278
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: INDIAN HEIGHTS PB 12-71 LOT 13 & 14 BLK 2 LOT SIZE 97.000 X 125 COC 26022-1139 10 2006 6

Ownership

  • Current Owner : CRESPO DANNY
  • Previous Owner : FERNANDEZ AILIUJ
  • Owner Before Previous Owner: ALIMAC INVESTMENT CORP

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005403

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 239
  • District: 01
  • Parcel: 01-4103-027-0190
  • Block: 2
  • Lot: 13,14
  • Meridian: SEC 03 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.778
  • Longitude: -80.236

    Address

  • Full Address: 500 Nw 24th Ave
  • Address - House Number: 500
  • Street Direction: NW
  • Address - Street Name: 24th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C070
  • 4-Digit Zip Code: 4436
  • Zip Code: 33125

Valuation

    Tax

  • Total Area: 2,607
  • Tax Year: 2023
  • Tax Amount: $14,147
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 837,428
  • High Value: 1,203,236
  • Low Value: 471,619

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $541,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 16, 2021
  • First Open Lien Mortgage Loan Amount: $541,000
  • 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: $710,025
  • Market Land Value: $582,000
  • Market Improvement Value: $128,025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $567,937

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Transaction ID: 11841911362
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0447320
  • Previous Sale Recording Date: Sep 27, 2017
  • Previous Sale Contract Date: Sep 22, 2017
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNICORNIS PUBLISHING COMPANY L
  • First Mortgage Transaction Date: Jun 24, 2021
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jun 10, 2026

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: READY MORTGAGE LENDERS LLC
  • Previous Mortgage Transaction Date: Sep 27, 2017
  • Previous Mortgage Loan Amount: $438,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 01, 2047

About Western Miami



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Frequently Asked Questions

What neighborhood is 500 Northwest 24th Avenue located in?
The 500 Northwest 24th Avenue is a multifamily located in the neighborhood of Indian Heights in Western Miami, Miami.
What is the average sales price for listings in 500 Northwest 24th Avenue?
The average sales price for units in 500 Northwest 24th Avenue is $0 currently.

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