by RH Advisors

Check Availability
$2,150,000
↓ $100K (4.4%)
House - For Sale

655 NE 50th Ter

Miami, FL 33137
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2226 Sqft
$12,433
Estimated Monthly
$0
HOA / Fees
3.42%
Cap Rate

About This Property

Welcome to this renovated residence, nestled on an oversized & private 8,100 Sq.Ft. lot w/ a circular driveway, minutes from the park! Inside find white & light interiors filled w/ an abundance of natural light, an open kitchen w/ breakfast bar, impact windows/doors, 4 spacious bedrooms, & full sized washer/dryer. The gorgeous fenced backyard boasts a resort-style pool, covered seating area, & lush manicured landscaping. Only 4 houses away from 40+ acre park with lighted tennis & basketball courts, football field, walking trails, picnic & bbq areas, swimming pool, boat ramps, & kayak rentals. Close to top schools: Cushman, & Miami Country Day. Mins to beaches, medical centers, chic dining & art, downtown, Wynwood, Design District, & 15 mins to MIA Airport!
Unit Size
2,226Ft²
Days on Market
80 days
Land Size
0.19 acres
Price per sqft
$966
Property Type
House
Property Taxes
$1,876
HOA Dues
-
Year Built
1953
Listed By
Last updated: 4 days ago (Miami MLS #A11526495)

Price History

Date / Event Date Event Price
Mar 28, 2024 Price Decreased $2,150,000
↓ $100K (4.4%)
Price Decreased
Feb 13, 2024 Listed by Compass Florida, LLC. $2,250,000
Listed by Compass Florida, LLC.
May 18, 2023 No longer available -
No longer available
Nov 17, 2022 Listed by Keys Realty Redefined $3,450,000
Listed by Keys Realty Redefined
Beautiful Fully Remodelled 4/3 House in the prestigious Morningside District. State-of-the-art kitchen. Perfect for entertaining with Florida Patio overlooking the backyard. Split Floor plan. Large yard with a new pool. A few feet from the famous Morningside park. The manager has listed the unit size as 2226 square feet.
Feb 5, 2022 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Circular Driveway, Driveway, Guest, On Street
Interior Details

Bathroom Information

Full Bathrooms: 3
Master Bathroom Features: Shower Only

Bedroom Information

Bedrooms: 4
Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bath Shower

Interior Information

Interior Features: First Floor Entry, Closet Cabinetry, Walk-In Closet(s), Great Room, Utility Room/Laundry
Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Flooring Type: Tile
Door Features: High Impact Doors
Laundry Features: Utility Room/Laundry

Room Information

Dining Room Features: Dining/Living Room, Eat-In Kitchen
Living Room Features: Great Room, Utility Room/Laundry

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Rigid frame bar
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 172
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,100
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,376
  • Gross Building Area: 2,376
  • Building Area: 2,226
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,226
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK PLAZA
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK PLAZA PB 44-61 W3.5FT OF LOT 17 & LOT 18 LESS W3.2FT BLK 5 LOT SIZE 75 X 108 COC 22116-0478 02 2004 4

Ownership

  • Current Owner : SEMPER FI 655 NE 50TH TERRACE LLC
  • Previous Owner : PAYARA PROPERTIES LLC
  • Owner Before Previous Owner: CABANAS CARMEN
  • 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: 175
  • District: 01
  • Parcel: 01-3219-004-0900
  • Block: 5
  • Lot: 17,18
  • Meridian: SEC 19 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8225
  • Longitude: -80.1825

    Address

  • Full Address: 655 Ne 50th Ter
  • Address - House Number: 655
  • Street Direction: NE
  • Address - Street Name: 50th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C066
  • 4-Digit Zip Code: 3022
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 2,169
  • Tax Year: 2023
  • Tax Amount: $22,507
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 2,144,026
  • High Value: 2,345,426
  • Low Value: 1,942,627

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,036,750
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: May 18, 2022
  • First Open Lien Mortgage Loan Amount: $1,036,750
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $1,254,934
  • Market Land Value: $891,314
  • Market Improvement Value: $363,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $862,581

    Sales

  • Current Sale Contract Date: Feb 20, 2018
  • Current Sale Recording Date: Feb 26, 2018
  • Current Sale Transaction ID: 11423937666
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R0111642
  • Previous Sale Recording Date: Jun 01, 2015
  • Previous Sale Contract Date: May 26, 2015
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: Warranty Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
3,072 ft²
$742/ft²
$2,280,000 Oct 16, 2023
$2,280,000 Dec 29, 2023
$393/mo
House
3 Beds
2 Baths
1,792 ft²
$977/ft²
$1,750,000 Oct 17, 2023
$1,750,000 Jan 16, 2024
$1,527/mo
House
4 Beds
4 Baths
-
$1,948,000 Sep 26, 2023
$1,948,000 Feb 1, 2024
$1,540/mo
Condo
3 Beds
4 Baths
1,868 ft²
$870/ft²
$1,625,000 Jan 2, 2023
$1,625,000 Sep 8, 2023
$4,072/mo
Condo
3 Beds
3 Baths
2,129 ft²
$808/ft²
$1,720,000 Dec 7, 2023
$1,720,000 Feb 2, 2024
$1,744/mo
Condo
3 Beds
4 Baths
1,634 ft²
$1,147/ft²
$1,875,000 Sep 29, 2023
$1,875,000 Nov 20, 2023
$3,810/mo
House
4 Beds
4 Baths
2,477 ft²
$1,008/ft²
$2,498,000 Sep 26, 2023
-
$973/mo
House
4 Beds
4 Baths
2,418 ft²
$1,096/ft²
$2,650,000 Sep 5, 2023
-
$1,953/mo
House
4 Beds
4 Baths
2,226 ft²
$1,078/ft²
$2,400,000 Jan 9, 2024
-
$1,765/mo
House
4 Beds
4 Baths
2,536 ft²
$769/ft²
$1,950,000 Jul 7, 2023
-
$762/mo
House
4 Beds
4 Baths
1,110 ft²
$2,252/ft²
$2,500,000 Jan 17, 2024
-
$846/mo
House
3 Beds
3 Baths
1,673 ft²
$1,225/ft²
$2,050,000 Feb 10, 2024
-
$1,757/mo

About Northern Miami


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Frequently Asked Questions

When was property at 655 Northeast 50th Terrace built and last sold?
The property at 655 Northeast 50th Terrace was built in 1953 and last sold on Feb 20, 2018 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 655 Northeast 50th Terrace is $2,262,335.
What are some comparable homes to 655 Northeast 50th Terrace?
Homes that are comparable to 655 Northeast 50th Terrace include a house property at 464 Northeast 57th Street, 85 Northeast 50th Street, 485 Northeast 55th Terrace.

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