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5151 West Flagler Street

5151 West Flagler Street, Miami, FL 33134
Commercial in Twelfth Steet Acres
Sold Mar 04, 2022
$2,290,000
$595,468 by Dominguez Domingo
Mortgage Due Feb 26, 2035
Sold Oct 16, 2001
$475,000
Local assessors in Miami, FL have categorized 5151 West Flagler Street as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 13,094 square feet. 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, 12 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 12 full bathrooms. There are also 12 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 5151 West Flagler Street has a total of 8,644 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, 5151 West Flagler Street was last sold in Feb 22, 2022 for $2,290,000. According to our calculations, that's $264.92 per sqft. Prior to that sales transaction, the property was sold for $475,000 in Jan 1, 1970. Current property owners are expected to pay $32,479 in taxes per year. The property on 5151 West Flagler Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,580,000. To break that down further, the land itself was valued at $851,110. While improvements to the property were assessed at a total of $728,890. 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. 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.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

Exterior

Block Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 12
  • Bathroom Count: 12
  • Full Bathrooms: 12
  • Partial Bathrooms: 12
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 12
  • Business/Commerical Units Count: 12
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,094
  • Lot Size Depth Feet: 1,050
  • Total Building Area: 8,644
  • Gross Building Area: 8,644
  • Building Area: 8,644
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 8,644
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TWELFTH ST ACRES PLAN NO 3
  • Land Acres: 0.301
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 6 54 41 PB 6-117 TWELFTH ST ACRES PLAN NO 3 LOT 3 LESS N80FT & LESS S10FT TO CITY LOT SIZE 124.700 X 105 OR 19959-1513 1001 1

Ownership

  • Current Owner : ORESTES FLORES REVOCABLE TRUST
  • Previous Owner : FIRST FUND CORP
  • Owner Before Previous Owner: ELSA J BASMAJIAN I
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: 6107

Geography

  • Assessors Map Reference: 242
  • District: 01
  • Parcel: 01-4106-029-0041
  • Block: 11
  • Lot: 3
  • Meridian: SEC 06 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7714
  • Longitude: -80.2789

    Address

  • Full Address: 5151 W Flagler St
  • Address - House Number: 5151
  • Street Direction: W
  • Address - Street Name: Flagler
  • Address - Suffix Type: St
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C016
  • 4-Digit Zip Code: 8302
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 6,923
  • Tax Year: 2023
  • Tax Amount: $32,479
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 1,889,534
  • High Value: 2,717,650
  • Low Value: 1,061,417

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $595,468
  • First Open Lien Mortgage Lender: DOMINGUEZ DOMINGO
  • First Open Lien Mortgage Recording Date: Apr 17, 2023
  • First Open Lien Mortgage Loan Amount: $595,468
  • First Open Lien Mortgage Term: 141
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 26, 2035
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $1,580,000
  • Market Land Value: $851,110
  • Market Improvement Value: $728,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,580,000
  • Assessed Land Value: $851,110
  • Assessed Improvements Value: $728,890

    Sales

  • Current Sale Contract Date: Feb 22, 2022
  • Current Sale Recording Date: Mar 04, 2022
  • Current Sale Transaction ID: 11882928376
  • Current Sale Price: $2,290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 182760
  • Previous Sale Recording Date: Oct 16, 2001
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Warranty Deed

About Western Miami



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Frequently Asked Questions

What neighborhood is 5151 West Flagler Street located in?
The 5151 West Flagler Street is a commercial located in the neighborhood of Twelfth Steet Acres in Western Miami, Miami.
What is the average sales price for listings in 5151 West Flagler Street?
The average sales price for units in 5151 West Flagler Street is $0 currently.

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