by RH Advisors

Check Availability
$649,000
House - In Contract

5855 SW 59th St

Miami, FL 33143
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1424 Sqft
$3,855
Estimated Monthly
$0
HOA / Fees
13.56%
Cap Rate

About This Property

Attention Investors and Developers! Discover an exceptional opportunity just 1.7 miles away from the esteemed University of Miami. Situated on a sprawling, flat lot spanning approximately 1/3 of an acre, this property offers ample space for redevelopment or renovation, making it a a prime location for a lucrative investment. With it's proximity to the university, envision creating stylish student housing or an upscale home! Don't miss out on this chance to capitalize on a prime location with endless possibilities.
Unit Size
1,424Ft²
Days on Market
-
Land Size
-
Price per sqft
$456
Property Type
House
Property Taxes
$668
HOA Dues
-
Year Built
1948
Listed By
Monica Rea Rea
Align Right Realty K1 Group
Last updated: 14 days ago (Beaches MLS #F10434357)

Price History

Date / Event Date Event Price
Apr 20, 2024 In contract -
In contract
Apr 13, 2024 Listed by Align Right Realty K1 Group $649,000
Listed by Align Right Realty K1 Group

Property Highlights

Parking Details
Parking Features: Circular Drive
Interior Details

Bathroom Information

Full Bathrooms: 1
Half Bathrooms: 1
Main Level Bathrooms: 2

Interior Information

Interior Features: First Floor Entry
Appliances: No Equipment
Flooring Type: Ceramic Floor

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1985
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,875
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,525
  • Gross Building Area: 1,525
  • Building Area: 1,181
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,181
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY MANOR
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 25 54 40 .18 AC UNIVERSITY MANOR PB 47-7 LOT 21 LOT SIZE 75.000 X 105 OR 9636 527

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 007603

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 225
  • District: 30
  • Parcel: 30-4025-035-0210
  • Lot: 21
  • Meridian: SEC 25 TWN 54S RNG 40E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.7161
  • Longitude: -80.289

    Address

  • Full Address: 5855 Sw 59th St
  • Address - House Number: 5855
  • Street Direction: SW
  • Address - Street Name: 59th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C035
  • 4-Digit Zip Code: 2324
  • Zip Code: 33143

Valuation

    Tax

  • Total Area: 1,313
  • Tax Year: 2023
  • Tax Amount: $7,754
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 529,044
  • High Value: 578,740
  • Low Value: 479,348

    Market Valuation

  • Market Total Value: $437,032
  • Market Land Value: $315,188
  • Market Improvement Value: $121,844

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,108

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,602 ft²
$503/ft²
$805,000 Feb 1, 2024
$805,000 Mar 1, 2024
$784/mo
House
3 Beds
3 Baths
1,948 ft²
$331/ft²
$645,000 Nov 2, 2023
$645,000 Feb 29, 2024
$656/mo
House
2 Beds
1 Bath
1,375 ft²
$429/ft²
$590,000 Nov 21, 2023
$590,000 Feb 26, 2024
$607/mo
Condo
3 Beds
4 Baths
1,740 ft²
$406/ft²
$707,000 Nov 14, 2023
$707,000 Jan 23, 2024
$1,529/mo
House
2 Beds
1 Bath
983 ft²
$697/ft²
$685,000 Sep 6, 2023
$685,000 Nov 2, 2023
$524/mo
House
2 Beds
1 Bath
1,096 ft²
$709/ft²
$777,000 Feb 18, 2024
$777,000 Apr 16, 2024
$125/mo
House
3 Beds
2 Baths
1,384 ft²
$506/ft²
$700,000 Feb 19, 2024
-
$460/mo
House
3 Beds
1 Bath
1,116 ft²
$627/ft²
$699,900 Mar 17, 2024
-
$178/mo
House
2 Beds
1 Bath
1,463 ft²
$410/ft²
$599,900 Dec 28, 2023
-
$46/mo
Townhouse
3 Beds
3 Baths
1,234 ft²
$430/ft²
$530,000 Apr 1, 2024
-
$820/mo
Condo
3 Beds
2 Baths
1,164 ft²
$481/ft²
$560,000 Apr 10, 2024
-
$1,110/mo
House
3 Beds
3 Baths
-
$699,999 Apr 4, 2024
-
$41,596/mo

About South Miami


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Frequently Asked Questions

When was property at 5855 Southwest 59th Street built and last sold?
The property at 5855 Southwest 59th Street was built in 1948 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5855 Southwest 59th Street is $681,982.
What are some comparable homes to 5855 Southwest 59th Street?
Homes that are comparable to 5855 Southwest 59th Street include a condo property at 6001 Southwest 70th Street, a house property at 6051 Southwest 44th Terrace, 5973 Southwest 41st Street.

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