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5091 Northwest 2nd Avenue

5091 Northwest 2nd Avenue, Miami, FL 33127
Multifamily in Little Haiti
1 Units For Sale
Unit for sale at 5091 NW 2nd Ave, Miami, FL 33127

$995,000

  • Studio
  • 1,840 ft²
5091 NW 2nd Ave, Miami, FL 33127 Listing by Maria Barrera

Local assessors in Miami, FL have categorized 5091 Northwest 2nd Avenue as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 8,618 square feet. The linear feet between the front and back of the lot was measured at 600 ft and the front of the lot was measured at 1,436 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex 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, 2 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 5091 Northwest 2nd Avenue has a total of 1,840 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. The building has a steel frame or truss style roof that was made of materials that we aren't sure of. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. 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, 5091 Northwest 2nd Avenue was last sold in Sep 15, 2021 for $521,000. According to our calculations, that's $283.15 per sqft. Prior to that sales transaction, the property was sold for $400,000 in Jun 7, 2021. Current property owners are expected to pay $10,393 in taxes per year. The property on 5091 Northwest 2nd Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $453,960. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210713
07/13/2021
Studio
-
1697 ft²
$525,000
bedrooms
Studio
bathrooms
-
square feet
1697 ft²
$521,000 -0.76%
09/27/2021
-
Ashley Ochoa
Luxe Capital Realty

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Concrete block
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Steel frame or truss
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 2
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,618
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 1,436
  • Total Building Area: 1,840
  • Gross Building Area: 1,840
  • Building Area: 1,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAILWAY SHOPS ADDN
  • Land Acres: 0.198
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PB 3-183 RAILWAY SHOPS ADDN 2ND AMD LOT 1 BLK 7 LOT SIZE 143.630 X 60 OR 20661-4438 0802 6 COC 23217-4078 02 2005 6

Ownership

  • Current Owner : FRANDON USA LLC
  • Previous Owner : GHG SFHOO2 HLD LLC
  • Owner Before Previous Owner: BOWERY 2 LLC
  • 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: 002202

Zoning

  • Zoning: 3901

Geography

  • Assessors Map Reference: 151
  • District: 01
  • Parcel: 01-3124-013-1150
  • Block: 7
  • Lot: 1
  • Meridian: SEC 24 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8221
  • Longitude: -80.1997

    Address

  • Full Address: 5091 Nw 2nd Ave
  • Address - House Number: 5091
  • Street Direction: NW
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C005
  • 4-Digit Zip Code: 2124
  • Zip Code: 33127

Valuation

    Tax

  • Total Area: 1,756
  • Tax Year: 2023
  • Tax Amount: $10,393
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 843,195
  • High Value: 922,401
  • Low Value: 763,989

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $652,500
  • First Open Lien Mortgage Lender: COMMERCIAL LENDER LLC
  • First Open Lien Mortgage Recording Date: May 17, 2023
  • First Open Lien Mortgage Loan Amount: $652,500
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $498,966
  • Market Land Value: $387,810
  • Market Improvement Value: $111,156

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $453,960

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 27, 2021
  • Current Sale Transaction ID: 11859442208
  • Current Sale Price: $521,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0715046
  • Previous Sale Recording Date: Jul 06, 2021
  • Previous Sale Contract Date: Jun 07, 2021
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CIVIC FINANCIAL SERVICES LLC
  • First Mortgage Transaction Date: Sep 27, 2021
  • First Mortgage Loan Amount: $416,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COREVEST AMERICAN FIN LNDR LLC
  • Previous Mortgage Transaction Date: Jul 06, 2021
  • Previous Mortgage Loan Amount: $14,500,000

About Northern Miami



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Frequently Asked Questions

What neighborhood is 5091 Northwest 2nd Avenue located in?
The 5091 Northwest 2nd Avenue is a multifamily located in the neighborhood of Little Haiti in Northern Miami, Miami.
How many listings are currently for sale in 5091 Northwest 2nd Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 5091 Northwest 2nd Avenue?
The average sales price for units in 5091 Northwest 2nd Avenue is $525,000 , or $309/sqft. currently.

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