Sold Dec 04, 1997
$1,512,200
Seller
$4,226,670
by Suntrust Bank
Mortgage
55 Fairway Drive 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 1963 and is 61 years old.
However, we must point out that the home was most recently renovated and altered in 1975.
The home has a total of 28 bedrooms.
Residents will have access to 28 full bathrooms.
There are 28 partial bathrooms in the home.
The building has a total of 2 stories.
In addition, 55 Fairway Drive has 14,842 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 25,875 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 building has a gable or hip style roof made of tile. The exterior walls of the building are made of stucco. The property was last sold in Jan 1, 1970 for $1,512,200. That's $101.89 per sqft. 55 Fairway Drive was last assessed in 2023. The total value of the property was assessed at $1,850,090. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $47,537. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 building has a gable or hip style roof made of tile. The exterior walls of the building are made of stucco. The property was last sold in Jan 1, 1970 for $1,512,200. That's $101.89 per sqft. 55 Fairway Drive was last assessed in 2023. The total value of the property was assessed at $1,850,090. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $47,537. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.
55 Fairway Drive, Miami, FL 33166
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