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543 Southwest 29th Road

543 Southwest 29th Road, Miami, FL 33129
Property in Brickell Estates
Sold May 22, 2023
$2,700,000
$1,620,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2053
Sold May 12, 2015
$620,200
543 Southwest 29th Road has been categorized by the local assessors in Miami, FL as a residential type of property. The building on the property was first built in 1938 and is 86 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 6 bedrooms. Residents will have access to 6 full bathrooms. There are 7 partial bathrooms in the home. The building has a total of 2 stories. In addition, 543 Southwest 29th Road has 4,011 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,528 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. The exterior walls of the building are made of concrete block. 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, 543 Southwest 29th Road sold most recently in May 2, 2023 for a total of $2,700,000. If you work out the math, that's approximately a cost of $518.23 per sqft. Before that, the property was also sold for $620,200 in May 7, 2015. 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 $25,525 in taxes each year. 543 Southwest 29th Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,112,357. 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. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,528
  • Total Building Area: 5,210
  • Gross Building Area: 5,210
  • Building Area: 4,011
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,011
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AMBARINA SUB
  • Land Acres: 0.242
  • Standard Land Use Code: Single family residential
  • Legal Description 1: AMBARINA SUB PB 153-24 T-20162 LOT 1 BLK 1 LOT SIZE 10528 SQ FT M/L FAU 01-4138-008-1900 OR 20506-4173 06 2002 1 COC 25913-3624 08 2007 4

Ownership

  • Current Owner : BERRIOS BRAXTON
  • Previous Owner : 8 ROADS LLC
  • Owner Before Previous Owner: MARRERO ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: 0100

Geography

  • District: 01
  • Parcel: 01-4139-063-0010
  • Block: 1
  • Lot: 1
  • Meridian: SEC 39 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7565
  • Longitude: -80.2129

    Address

  • Full Address: 543 Sw 29th Rd
  • Address - House Number: 543
  • Street Direction: SW
  • Address - Street Name: 29th
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Miami
  • Carrier Code: C005
  • 4-Digit Zip Code: 2529
  • Zip Code: 33129

Valuation

    Tax

  • Total Area: 4,189
  • Tax Year: 2023
  • Tax Amount: $25,525
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 2,348,861
  • High Value: 2,775,821
  • Low Value: 1,921,901

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,620,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 22, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,620,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $1,452,551
  • Market Land Value: $947,520
  • Market Improvement Value: $505,031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,112,357

    Sales

  • Current Sale Contract Date: May 02, 2023
  • Current Sale Recording Date: May 22, 2023
  • Current Sale Transaction ID: 11907767604
  • Current Sale Price: $2,700,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 343588
  • Previous Sale Recording Date: May 12, 2015
  • Previous Sale Contract Date: May 07, 2015
  • Previous Sale Amount: $620,200
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 22, 2023
  • First Mortgage Loan Amount: $1,620,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 543 Southwest 29th Road located in?
The 543 Southwest 29th Road is a located in the neighborhood of Brickell Estates in Coral Way, Miami.
What is the average sales price for listings in 543 Southwest 29th Road?
The average sales price for units in 543 Southwest 29th Road is $0 currently.

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