by RH Advisors

Check Availability
$875,000
House - For Sale

586 NW 48th St

Miami, FL 33127
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1956 Sqft
$5,350
Estimated Monthly
$0
HOA / Fees
7.06%
Cap Rate

About This Property

This Buena Vista West home is your opportunity to live near some of Miami's most desirables locations! Constructed on an above average sized corner lot, this home sits directly across the street from North Bay Vista Park, which features a playground for family entertainment, BBQ, and is pet-friendly. From here you'll be walking distance to restaurants, bars, and coffee shops. Only a 5 minute drive to Wynwood and Miami Design District. South Beach in 20 minutes, Miami's Upper Eastside in 8 minutes, Museum Park in 15 minutes, Coconut Grove and Coral Gables in less than 20 minutes. Large, private, fenced-in yard, 1 car garage plus 1 covered carport space, ample off-street parking, and 4 bedrooms make this an excellent home for someone needing storage space and room to entertain.
Unit Size
1,956Ft²
Days on Market
58 days
Land Size
0.17 acres
Price per sqft
$447
Property Type
House
Property Taxes
$1,053
HOA Dues
-
Year Built
1941

Listed By

Drew Washington
Mahogany Real Estate Group
Last updated: 2 months ago (Miami MLS #A11556187)

Price History

Date / Event Date Event Price
Mar 27, 2024 Listed by Mahogany Real Estate Group $875,000
Listed by Mahogany Real Estate Group
This Buena Vista West home is your opportunity to live near some of Miami's most desirables locations! Constructed on an above average sized corner lot, this home sits directly across the street from North Bay Vista Park, which features a playground for family entertainment, BBQ, and is pet-friendly. From here you'll be walking distance to restaurants, bars, and coffee shops. Only a 5 minute drive to Wynwood and Miami Design District. South Beach in 20 minutes, Miami's Upper Eastside in 8…
Mar 11, 2024 Listed by Mahogany Real Estate Group $875,000
Listed by Mahogany Real Estate Group
Feb 15, 2024 No longer available -
No longer available
Nov 21, 2023 Listed by Majestic Properties LLC $1,075,000
Listed by Majestic Properties LLC
NEW CONSTRUCTION - LAND FOR SALE! Build a 4,000 Sq.Ft. dream home. The listing price includes: Full architectural plans with renders and approved city permits. Modern and contemporary architecture with sleek lines, and open living spaces. The spacious floor plan features 4 bedrooms, 4.5 bathrooms, a refreshing pool, a big patio, and a family room. The master suite features a spacious walk-in closet, bathroom with dual vanities, a soaking tub, and a separate glass-enclosed shower. The…
Nov 1, 2023 No longer available -
No longer available
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Covered, Driveway, On Street
Garage Spaces: 1
Carport Spaces: 1
Covered Parking Spaces: 2
Interior Details

Bathroom Information

Full Bathrooms: 2

Bedroom Information

Bedrooms: 4
Bedroom Features: Entry Level

Interior Information

Interior Features: First Floor Entry, Den/Library/Office, Family Room, Storage, Utility/Laundry In Garage
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Flooring Type: Other
Laundry Features: In Garage

Room Information

Living Room Features: Den/Library/Office, Family Room, Storage Room, Utility/Laundry In Garage

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,196
  • Gross Building Area: 2,196
  • Building Area: 1,956
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: BAY VISTA PARK AMD PL
  • Land Acres: 0.172
  • Legal Description 1: BAY VISTA PARK AMD PL PB 10-5 LOT 12 & W1/2 LOT 11 BLK 9 LOT SIZE 75.000 X 100 COC 26158-0787 04 2007 4

Ownership

  • Current Owner : MASSA MICHAEL
  • Previous Owner : GHG-SFH002 HLD LLC
  • Owner Before Previous Owner: BOWERY PROPERTIES LLC
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002202

Zoning

  • Zoning: 0104

Geography

  • Assessors Map Reference: 151
  • District: 01
  • Parcel: 01-3124-001-1640
  • Block: 9
  • Lot: 12,11
  • Meridian: SEC 24 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8196
  • Longitude: -80.2057

    Address

  • Full Address: 586 Nw 48th St
  • Address - House Number: 586
  • Street Direction: NW
  • Address - Street Name: 48th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C016
  • 4-Digit Zip Code: 2463
  • Zip Code: 33127

Valuation

    Tax

  • Total Area: 2,073
  • Tax Year: 2023
  • Tax Amount: $12,640
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 842,817
  • High Value: 921,988
  • Low Value: 763,647

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $556,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 15, 2022
  • First Open Lien Mortgage Loan Amount: $556,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $596,425
  • Market Land Value: $427,491
  • Market Improvement Value: $168,934

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $596,425
  • Assessed Land Value: $427,491
  • Assessed Improvements Value: $168,934

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Nov 15, 2022
  • Current Sale Transaction ID: 11899168221
  • Current Sale Price: $695,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 866713
  • Previous Sale Recording Date: Jul 06, 2021
  • Previous Sale Contract Date: Jun 07, 2021
  • Previous Sale Amount: $449,500
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 15, 2022
  • First Mortgage Loan Amount: $556,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: COREVEST AMERICAN FIN LNDR LLC
  • Previous Mortgage Transaction Date: Jul 06, 2021
  • Previous Mortgage Loan Amount: $14,500,000

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
1,639 ft²
$580/ft²
$950,000 Aug 2, 2023
$950,000 Dec 11, 2023
$621/mo
House
4 Beds
4 Baths
2,180 ft²
$296/ft²
$645,000 Aug 17, 2023
$645,000 Nov 13, 2023
$445/mo
House
3 Beds
3 Baths
1,362 ft²
$587/ft²
$799,000 Aug 3, 2023
$799,000 Oct 10, 2023
$304/mo
House
3 Beds
2 Baths
1,448 ft²
$563/ft²
$815,000 Dec 1, 2023
$815,000 Dec 29, 2023
$560/mo
House
3 Beds
2 Baths
1,443 ft²
$527/ft²
$760,000 Jul 21, 2023
$760,000 Oct 16, 2023
$294/mo
House
3 Beds
3 Baths
1,455 ft²
$606/ft²
$882,000 Nov 20, 2023
$882,000 Jan 22, 2024
$456/mo
House
4 Beds
2 Baths
1,488 ft²
$615/ft²
$915,000 Oct 5, 2023
-
$509/mo
House
4 Beds
3 Baths
1,680 ft²
$551/ft²
$925,000 Sep 7, 2023
-
$591/mo
House
4 Beds
3 Baths
1,026 ft²
$755/ft²
$775,000 Feb 22, 2024
-
$531/mo
House
3 Beds
3 Baths
1,408 ft²
$561/ft²
$789,500 Mar 9, 2024
-
$75/mo
House
3 Beds
1 Bath
1,172 ft²
$725/ft²
$850,000 Dec 12, 2023
-
$677/mo
House
3 Beds
3 Baths
1,474 ft²
$516/ft²
$760,000 Jan 10, 2024
-
$293/mo

About Northern Miami


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Frequently Asked Questions

When was property at 586 Northwest 48th Street built and last sold?
The property at 586 Northwest 48th Street was built in 1941 and last sold on Oct 14, 2022 for $695,000.
How much is this home worth?
The estimated value of the home located at 586 Northwest 48th Street is $928,419.
What are some comparable homes to 586 Northwest 48th Street?
Homes that are comparable to 586 Northwest 48th Street include a house property at 442 Northwest 46th Street, 920 Northwest 46th Street, 424 Northwest 53rd Street.

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