5840 Southwest 71st Street

5840 Southwest 71st Street has been categorized by the local assessors in Miami, FL as a commercial type of property. The building on the property was first built in 1947 and is 77 years old. However, we must point out that the home was most recently renovated and altered in 2017. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5840 Southwest 71st Street has 6,384 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 10,700 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. 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 roof of the building is made of tile. The exterior walls of the building are made of stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. 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, 5840 Southwest 71st Street sold most recently in May 30, 2014 for a total of $1,100,000. If you work out the math, that's approximately a cost of $172.31 per sqft. Before that, the property was also sold for $1,700,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $89,109 in taxes each year. 5840 Southwest 71st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,408,025. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.