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501 Southwest 24th Road

501 Southwest 24th Road, Miami, FL 33129
Land in Coral Way
Sold Jul 06, 2022
$2,150,000
Sold Aug 04, 1999
$210,000
Local assessors in Miami, FL have categorized 501 Southwest 24th Road 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 1973. The property's lot size has been calculated to be 16,625 square feet. The linear feet between the front and back of the lot was measured at 1,330 ft and the front of the lot was measured at 1,250 ft. 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, 3 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 is one full bathroom. There is also a partial bathroom. 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 501 Southwest 24th Road has a total of 1,897 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 front 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. As for flooring, was the material of choice during construction. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 501 Southwest 24th Road sold most recently in Jun 29, 2022 for a total of $2,150,000. If you work out the math, that's approximately a cost of $888.80 per sqft. Before that, the property was also sold for $210,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $35,379 in taxes each year. 501 Southwest 24th Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,702,577. If we break it down further, the land itself was valued at $1,496,250. Improvements to the property, however, were assessed at a total of $206,327. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Block Exterior

Parking

Covered Parking
Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1973
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Concrete block
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,625
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,419
  • Gross Building Area: 2,419
  • Building Area: 1,897
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,897
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRICKELL ESTATES
  • Land Acres: 0.382
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 38-39 54 41 BRICKELL ESTATES PB 17-52 LOT 9 & LOT 10 & SE1/2 LOT 8 BLK 40 LOT SIZE 125.000 X 133 OR 18724-0217 07 1999 1

Ownership

  • Current Owner : RUU INVESTING LLC
  • Previous Owner : VIEGO
  • Previous Owner 2: REBECCA
  • Owner Before Previous Owner: DIECKMAN GRACE E
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 006608

Zoning

  • Zoning: 0100

Geography

  • District: 01
  • Parcel: 01-4138-010-0410
  • Block: 40
  • Lot: 8-10
  • Meridian: SEC 38 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7593
  • Longitude: -80.2084

    Address

  • Full Address: 501 Sw 24th Rd
  • Address - House Number: 501
  • Street Direction: SW
  • Address - Street Name: 24th
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Miami
  • Carrier Code: C003
  • 4-Digit Zip Code: 1950
  • Zip Code: 33129

Valuation

    Tax

  • Total Area: 2,291
  • Tax Year: 2023
  • Tax Amount: $35,379
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 2,420,828
  • High Value: 2,860,869
  • Low Value: 1,980,787

    Market Valuation

  • Market Total Value: $1,702,577
  • Market Land Value: $1,496,250
  • Market Improvement Value: $206,327

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,702,577
  • Assessed Land Value: $1,496,250
  • Assessed Improvements Value: $206,327

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jul 06, 2022
  • Current Sale Transaction ID: 11892339170
  • Current Sale Price: $2,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 538409
  • Previous Sale Recording Date: Aug 04, 1999
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

About Coral Way



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Frequently Asked Questions

What neighborhood is 501 Southwest 24th Road located in?
The 501 Southwest 24th Road is a land located in the neighborhood of Coral Way in Coral Way, Miami.
What is the average sales price for listings in 501 Southwest 24th Road?
The average sales price for units in 501 Southwest 24th Road is $0 currently.

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