5201 Northwest 2nd Avenue

Local assessors in Miami, FL have categorized 5201 Northwest 2nd Avenue as a commercial type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 7,178 square feet. The linear feet between the front and back of the lot was measured at 1,440 ft and the front of the lot was measured at 499 ft. 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 5201 Northwest 2nd Avenue has a total of 2,440 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 steel frame or truss style roof that was made of slate. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. 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, 5201 Northwest 2nd Avenue sold most recently in Sep 6, 2019 for a total of $750,000. If you work out the math, that's approximately a cost of $307.38 per sqft. Before that, the property was also sold for $375,000 in Jan 22, 2016. 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 $8,907 in taxes each year. 5201 Northwest 2nd Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $417,518. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.