See Home Value
$737,315*
House - Off Market

5281 SW 7th St

Miami, FL 33134
bedrooms
5 Beds
bathrooms
4 Baths
square feet
1900 Sqft
$653,000 - $797,000
Reference Base Price*
1.70%
Since Aug 1, 2023
FL-Miami
Primary Model
Sold Jul 25, 2023
$650,000
$668,000 by Newrez Llc
Mortgage Due Jan 01, 2054
Sold Oct 12, 2006
$500,000
$100,000 by Bear Stearns Residential Mortg
Mortgage Due Oct 01, 2036

About This Property

Super opportunity seller needs to sell. Make offer to have a property in this beautiful area a few blocks from the mansions in Coral Gables where you can live and at the same time earn money, with two studios on the right side plus the main house with 3/2 plus garage Or leave it as rented, and earn almost $6,0000 The property is on the corner of 53rd Ave, near the main roads of the SW and very close to the airport. Considered Multifamily (08) Multifamily 2-9 units. Do not miss this opportunity. New roof, completely painted inside and outside Air conditioning 3 years installed.

You can easily use it for Airbnb, it has a 3/2 main house, plus two studios each with a kitchenette and bathroom, separate entrance. Rented to good tenants. Buyer can give them at least two months to move out.

The manager has listed the unit size as 1900 square feet.
Unit Size
1,900Ft²
Days on Market
-
Land Size
-
Price per sqft
$382
Property Type
House
Property Taxes
$584
HOA Dues
-
Year Built
1944

Price History

Date / Event Date Event Price
Jul 25, 2023 Sold to Nikolas Salles $650,000
Sold to Nikolas Salles
Jul 15, 2023 No longer available -
No longer available
Jul 1, 2023 In contract -
In contract
Dec 27, 2022 Price Decreased $725,000
↓ $25K (3.3%)
Price Decreased
Aug 30, 2022 Price Increased $750,000
↑ $100K (15.4%)
Price Increased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Asbestos shingle
  • Floor Count: 1
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,928
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 570
  • Total Building Area: 2,165
  • Gross Building Area: 2,165
  • Building Area: 2,145
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,145
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAZELTON PARK
  • Land Acres: 0.136
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: HAZELTON PARK PB 42-52 LOT 9 BLK 4 LOT SIZE 57.000 X 104 OR 16893-0458 0895 1 COC 24996-0358 09 2006 1

Ownership

  • Current Owner : SALLES NIKOLAS
  • Previous Owner : GONZALEZ JULIA T
  • Owner Before Previous Owner: ACOSTA ANGEL M
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005806

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 242
  • District: 01
  • Parcel: 01-4106-002-0390
  • Block: 4
  • Lot: 9
  • Meridian: SEC 06 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7648
  • Longitude: -80.2814

    Address

  • Full Address: 5281 Sw 7th St
  • Address - House Number: 5281
  • Street Direction: SW
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C021
  • 4-Digit Zip Code: 1171
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 1,896
  • Tax Year: 2023
  • Tax Amount: $8,500
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 495,743
  • High Value: 713,009
  • Low Value: 278,476

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $668,000
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Dec 28, 2023
  • First Open Lien Mortgage Loan Amount: $668,000
  • 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: Jan 01, 2054

    Market Valuation

  • Market Total Value: $407,043
  • Market Land Value: $266,880
  • Market Improvement Value: $140,163

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,385

    Sales

  • Current Sale Contract Date: Jul 11, 2023
  • Current Sale Recording Date: Jul 25, 2023
  • Current Sale Transaction ID: 11910584557
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 513253
  • Previous Sale Recording Date: Oct 12, 2006
  • Previous Sale Contract Date: Sep 29, 2006
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PATINO RICHARD
  • First Mortgage Transaction Date: Jul 25, 2023
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Sep 01, 2024

    Previous Mortgages

  • Previous Mortgage Lender: BEAR STEARNS RESIDENTIAL MORTG
  • Previous Mortgage Transaction Date: Oct 12, 2006
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
2,111 ft²
$355/ft²
$749,000 May 19, 2023
-
$108/mo
House
4 Beds
2 Baths
1,726 ft²
$414/ft²
$715,000 May 7, 2023
-
$720/mo
House
4 Beds
3 Baths
1,651 ft²
$354/ft²
$585,000 Mar 17, 2022
-
$99/mo
House
4 Beds
3 Baths
1,502 ft²
$499/ft²
$750,000 Apr 21, 2023
-
$528/mo
House
6 Beds
3 Baths
2,568 ft²
$303/ft²
$779,000 Sep 21, 2022
-
$701/mo
House
4 Beds
2 Baths
2,715 ft²
$230/ft²
$625,000 May 17, 2022
-
$702/mo
House
3 Beds
2 Baths
1,818 ft²
$440/ft²
$800,000 Jun 4, 2023
-
$574/mo
House
3 Beds
2 Baths
1,620 ft²
$432/ft²
$700,000 May 6, 2022
-
$544/mo
House
3 Beds
2 Baths
1,554 ft²
$501/ft²
$779,000 Feb 22, 2023
-
$198/mo
House
3 Beds
2 Baths
1,370 ft²
$547/ft²
$750,000 Jun 17, 2023
-
$482/mo
House
3 Beds
2 Baths
1,410 ft²
$483/ft²
$681,500 May 27, 2023
-
$517/mo
House
2 Beds
1 Bath
1,405 ft²
$605/ft²
$850,000 Apr 15, 2023
-
$503/mo

About Western Miami


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Frequently Asked Questions

When was property at 5281 Southwest 7th Street built and last sold?
The property at 5281 Southwest 7th Street was built in 1944 and last sold on Jul 11, 2023 for $650,000.
How much is this home worth?
The estimated value of the home located at 5281 Southwest 7th Street is $732,250.
What are some comparable homes to 5281 Southwest 7th Street?
Homes that are comparable to 5281 Southwest 7th Street include a house property at 111 Southwest 58th Court, 30 Southwest 58th Avenue, 5403 Southwest 5th Terrace.

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