See Home Value
$1,837,759*
House - Off Market

544 NE 55th St

Miami, FL 33137
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1642 Sqft
$1,575,000 - $1,925,000
Reference Base Price*
5.01%
Since Aug 1, 2022
FL-Miami
Primary Model
Sold Jul 13, 2022
$1,690,000
Buyer
Seller
$1,014,000 by Apollo Bank
Mortgage Due Jul 01, 2052
Sold May 14, 2020
$735,000
$578,400 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2050

About This Property

Charming 3 bedrooms, 2.5 baths nestled in Historic Morningside's gated community.  This 2-story beauty is perfectly positioned 2 blocks from the Bay and Morningside Park, and is located 5 minutes from Downtown Miami the Design District and Wynwood. Tons of original charm with highlights including curved staircase, wood burning fireplace and hardwood floors upstairs. Primary en suite downstairs. Featuring updated bathrooms, new high-hat lighting, newer roof (2014) and upgraded electrical throughout.  Plenty of room for a pool in this 9000 SF lot. Close to many shops and restaurants and super-quick access to South Beach and major highways.

The manager has listed the unit size as 1642 square feet.
Unit Size
1,642Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,066
Property Type
House
Property Taxes
$1,262
HOA Dues
-
Year Built
1938

Price History

Date / Event Date Event Price
Jul 7, 2022 No longer available -
No longer available
May 14, 2022 Price Decreased $1,750,000
↓ $200K (10.3%)
Price Decreased
Apr 29, 2022 Listed $1,950,000
Listed
Oct 6, 2021 No longer available -
No longer available
May 14, 2020 Sold to John W Reid $735,000
Sold to John W Reid
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 102
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,282
  • Gross Building Area: 2,282
  • Building Area: 1,642
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,642
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYSHORE PLAZA
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAYSHORE PLAZA PB 39-51 LOT 43 LOT SIZE 75.000 X 120 OR 17519-1320 0197 1

Ownership

  • Current Owner : HOME JG LLC
  • Previous Owner : REID JOHN W
  • Owner Before Previous Owner: FRANTZ JEFFREY
  • Owner Before Previous Owner 2: ELYSE BORNE 2019 REVOCABLE TRU
  • 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: 002100

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 174
  • District: 01
  • Parcel: 01-3218-028-0400
  • Lot: 43
  • Meridian: SEC 18 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8258
  • Longitude: -80.1837

    Address

  • Full Address: 544 Ne 55th St
  • Address - House Number: 544
  • Street Direction: NE
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C065
  • 4-Digit Zip Code: 3006
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 1,856
  • Tax Year: 2023
  • Tax Amount: $29,486
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 1,624,598
  • High Value: 1,938,445
  • Low Value: 1,310,751

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,014,000
  • First Open Lien Mortgage Lender: APOLLO BANK
  • First Open Lien Mortgage Recording Date: Jul 13, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,014,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $1,329,927
  • Market Land Value: $989,982
  • Market Improvement Value: $339,945

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,329,927
  • Assessed Land Value: $989,982
  • Assessed Improvements Value: $339,945

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Transaction ID: 11892823383
  • Current Sale Price: $1,690,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 559248
  • Previous Sale Recording Date: May 14, 2020
  • Previous Sale Contract Date: May 13, 2020
  • Previous Sale Amount: $735,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: APOLLO BANK
  • First Mortgage Transaction Date: Jul 13, 2022
  • First Mortgage Loan Amount: $1,014,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: May 14, 2020
  • Previous Mortgage Loan Amount: $578,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,896 ft²
$817/ft²
$1,549,000 May 4, 2022
-
$1,146/mo
House
3 Beds
2 Baths
1,857 ft²
$1,064/ft²
$1,975,000 Dec 3, 2022
-
$1,358/mo
House
3 Beds
3 Baths
1,912 ft²
$795/ft²
$1,520,000 Feb 18, 2023
-
$1,119/mo
House
3 Beds
3.5 Baths
1,861 ft²
$833/ft²
$1,550,000 Dec 20, 2022
-
$882/mo
House
3 Beds
2 Baths
1,381 ft²
$1,177/ft²
$1,625,000 Oct 29, 2022
-
$687/mo
Condo
3 Beds
3.5 Baths
1,634 ft²
$973/ft²
$1,590,000 Jul 6, 2022
-
$3,258/mo
House
4 Beds
3.5 Baths
1,543 ft²
$1,099/ft²
$1,695,000 Feb 9, 2023
-
$1,012/mo
House
3 Beds
3.5 Baths
2,763 ft²
$760/ft²
$2,100,000 Jan 16, 2023
-
$974/mo
Townhouse
3 Beds
2.5 Baths
2,236 ft²
$794/ft²
$1,775,000 Oct 27, 2022
-
$2,255/mo
House
4 Beds
4 Baths
2,200 ft²
$909/ft²
$2,000,000 Jan 19, 2023
-
$951/mo
House
3 Beds
3 Baths
-
$1,639,000 Jan 11, 2023
-
$679/mo
Condo
4 Beds
4 Baths
1,676 ft²
$1,020/ft²
$1,710,000 Feb 15, 2023
-
$1,592/mo

About Northern Miami


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Frequently Asked Questions

When was property at 544 Northeast 55th Street built and last sold?
The property at 544 Northeast 55th Street was built in 1938 and last sold on Jun 27, 2022 for $1,690,000.
How much is this home worth?
The estimated value of the home located at 544 Northeast 55th Street is $1,647,728.
What are some comparable homes to 544 Northeast 55th Street?
There are currently no comparable homes to 544 Northeast 55th Street.

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