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6905 Rue Vendome

6905 Rue Vendome, Miami Beach, FL 33141
Sold Mar 13, 2024
$7,000,200
$5,499,000 by Gaea R/e Operating Ptshp Lp
Mortgage Due Mar 13, 2054
Sold Dec 07, 2018
$5,250,000
$3,570,000 by Miami 6905 Cre 009 Llc
Mortgage Due Dec 01, 2023
Local assessors in Miami Beach, FL have categorized 6905 Rue Vendome as a residential type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 1963. The property's lot size has been calculated to be 12,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 20 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 20 full bathrooms. There are also 20 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6905 Rue Vendome has a total of 15,386 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Lots of concrete block were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6905 Rue Vendome was last sold in Mar 6, 2024 for $7,000,200. According to our calculations, that's $454.97 per sqft. Prior to that sales transaction, the property was sold for $5,250,000 in Nov 30, 2018. Current property owners are expected to pay $62,592 in taxes per year. The property on 6905 Rue Vendome was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,223,000. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 20
  • Bathroom Count: 20
  • Full Bathrooms: 20
  • Partial Bathrooms: 20
  • Building Quality: A
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 20
  • Business/Commerical Units Count: 10
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Total Building Area: 15,386
  • Gross Building Area: 15,386
  • Building Area: 15,386
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 15,386
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN SIDE SEC OF ISLE OF NORMANDY
  • Land Acres: 0.287
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 2-3-10-11 53 42 PB 25-60 OCEAN SIDE SEC OF ISLE OF NORMANDY LOTS 23 & 24 BLK 5 LOT SIZE 100.000 X 125 OR 21243-1226 0503 2 (2)

Ownership

  • Current Owner : PANTHER PROPERTY GROUP LLC
  • Previous Owner : MIAMI 6905 CRE 009 LLC
  • Owner Before Previous Owner: 6905 RUE VENDOME HOLDINGS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 003915

Zoning

  • Zoning: 3900

Geography

  • Assessors Map Reference: 171
  • District: 02
  • Parcel: 02-3210-013-0620
  • Block: 5
  • Lot: 23,24
  • Meridian: SEC 10 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8543
  • Longitude: -80.1276

    Address

  • Full Address: 6905 Rue Vendome
  • Address - House Number: 6905
  • Address - Street Name: Rue Vendome
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C020
  • 4-Digit Zip Code: 2957
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 12,607
  • Tax Year: 2023
  • Tax Amount: $62,592
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 4,141,307
  • High Value: 5,956,295
  • Low Value: 2,326,318

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,499,000
  • First Open Lien Mortgage Lender: GAEA R/E OPERATING PTSHP LP
  • First Open Lien Mortgage Recording Date: Mar 13, 2024
  • First Open Lien Mortgage Loan Amount: $5,499,000
  • 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: Mar 13, 2054

    Market Valuation

  • Market Total Value: $3,475,000
  • Market Land Value: $1,250,000
  • Market Improvement Value: $2,225,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,223,000

    Sales

  • Current Sale Contract Date: Mar 06, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Transaction ID: 11923067595
  • Current Sale Price: $7,000,200
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 195941
  • Previous Sale Recording Date: Dec 07, 2018
  • Previous Sale Contract Date: Nov 30, 2018
  • Previous Sale Amount: $5,250,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GAEA R/E OPERATING PTSHP LP
  • First Mortgage Transaction Date: Mar 13, 2024
  • First Mortgage Loan Amount: $5,499,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MIAMI 6905 CRE 009 LLC
  • Previous Mortgage Transaction Date: Dec 07, 2018
  • Previous Mortgage Loan Amount: $3,570,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2023

About Normandy Isles



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Frequently Asked Questions

What neighborhood is 6905 Rue Vendome located in?
The 6905 Rue Vendome is a located in the neighborhood of Isle of Normandy Ocean Side in Normandy Isles, Miami Beach.
What is the average sales price for listings in 6905 Rue Vendome?
The average sales price for units in 6905 Rue Vendome is $0 currently.

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