$438,000
SOLD OCT 21, 2024

1220 SW 5th St Miami, FL 33135

Little Havana Neighborhood
1 Acre
$438,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

3% Below List Price

255 Days on Market

About This Lot

As of October 2024

Part of a residential condominium but is currently being used as a commercial space being rented out as a hair salon (month2month lease).

Last Agent to Sell the Property

Jannelyn Elies

London Foster Realty License #3324914 Listed on: 02/07/2024

London Foster Realty

Last Buyer's Agent

Jannelyn Elies

London Foster Realty License #3324914 Listed on: 02/07/2024

London Foster Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,049

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 50x100
  • Property is zoned commercial

Community Details

  • No Home Owners Association
  • Garden Villas Condo
  • Garden Villas Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-02-023-0210

Property Details

Property Type

Land

Est. Annual Taxes

$2,049

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 1
  • Lot Size: 50x100
  • New Construction: No
  • Road Frontage Type: Legal Access Road
  • Subdivision Name: GARDEN VILLAS CONDO
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, None

Exterior Features

  • Lot Features: Central Business District, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GARDEN VILLAS CONDO

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-02-023-0210
  • Current Use: Unimproved Hotel/Motel, Unimproved Business/Commercial
  • Lot Size Sq Ft: 2000
  • Zoning: commercial
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Scheduled Income: 1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Oct 21, 2024
Sold by
Freedom International Llc
Bought by
1220 Sw 5 Llc
Seller's Agent
Jannelyn Elies
London Foster Realty
Buyer's Agent
Jannelyn Elies
London Foster Realty
List Price
$450,000
Sold Price
$438,000
Premium/Discount to List
-$12,000
-2.67%
Views
68
Current Estimated Value
$434,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,756
Avg. Annual Appreciation
-7.61%

Purchase Details

Closed on
Mar 30, 2004
Sold by
Fernandez Frank
Bought by
Freedom International Llc

Purchase Details

Closed on
Nov 11, 1998
Sold by
Raijman Realty Inc Profit Sharing
Bought by
Fernandez Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
6.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $438,000 Century Title
Warranty Deed $65,000 --
Warranty Deed $58,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $52,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold $438,000 -2.7% --
02/08/2024 02/08/24 For Sale $450,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,123 $341,700 -- --
2024 $2,049 $102,077 -- --
2023 $2,049 $92,798 $0 $0
2022 $1,739 $84,362 $0 $0
2021 $1,740 $81,905 $0 $0
2020 $1,706 $81,905 $0 $0
2019 $1,608 $81,905 $0 $0
2018 $1,511 $86,216 $0 $0
2017 $1,448 $59,523 $0 $0
2016 $1,416 $54,112 $0 $0
2015 $1,344 $49,193 $0 $0
2014 $1,181 $44,721 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jannelyn Elies

    Seller's Agent in 2024

    Jannelyn Elies

    London Foster Realty

    (305) 989-4647

    2 in this area

    6 Total Sales

    Jannelyn Elies
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11529681

MIAMI REALTORS® MLS

APN: 01-4102-023-0210

Florida Miami/Dade County Miami 33135 Little Havana

1220 SW 5th St, Miami, FL

This home is located at 1220 SW 5th St, Miami, FL 33135 and is currently priced at $438,000. 1220 SW 5th St is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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