$851,000
SOLD APR 16, 2025

1561 SW 23rd Terrace Miami, FL 33145

Coral Way Neighborhood
-- Bed
-- Bath
2,140 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$398 Per Sq Ft

2% Below List Price

25 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA

About This Home

As of April 2025

Located near the Roads. Land Value. Great opportunity to build high end townhouses on the property.

Last Agent to Sell the Property

Aimee Davis

Legacy Realty Services, Inc License #0474094 Listed on: 02/07/2025

Last Buyer's Agent

Angelica Lang

Legacy Realty Services, Inc License #3271030

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,443

Year Built

  • Built in 1958

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape

Interior Spaces

  • 2,140 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Tile

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • East Shenandoah Condos
  • East Shenandoah Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-39-007-1840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,443

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: EAST SHENANDOAH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 2140
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: EAST SHENANDOAH
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-39-007-1840
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15443

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Apr 16, 2025
Sold by
Maxwell Robert and Maxwell Victor
Bought by
Ruiz Revocable Trust and Ruiz
Seller's Agent
Aimee Davis
Legacy Realty Services, Inc
Buyer's Agent
Angelica Lang
Legacy Realty Services, Inc
List Price
$870,000
Sold Price
$851,000
Premium/Discount to List
-$19,000
-2.18%
Views
1
Current Estimated Value
$892,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,049
Avg. Annual Appreciation
11.58%
Original Mortgage
$468,050
Outstanding Balance
$466,393
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$425,656

Purchase Details

Closed on
Sep 26, 2023
Sold by
Maxwell Maria R
Bought by
Maxwell Robert and Maxwell Victor

Purchase Details

Closed on
Aug 25, 2023
Sold by
Maxwell Maria R
Bought by
Maxwell Robert and Maxwell Victor
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 $851,000 None Listed On Document
Warranty Deed $851,000 None Listed On Document
Personal Reps Deed -- None Listed On Document
Personal Reps Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,050 New Conventional
Closed $468,050 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $851,000 -2.2% $398 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $870,000 -- $407 / Sq Ft
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 $15,443 $731,198 $517,140 $214,058
2024 $6,674 $732,919 $517,140 $215,779
2023 $6,674 $323,849 $0 $0
2022 $5,915 $299,786 $0 $0
2021 $5,333 $277,754 $0 $0
2020 $4,913 $268,605 $0 $0
2019 $4,892 $267,135 $0 $0
2018 $4,770 $266,009 $0 $0
2017 $4,616 $251,474 $0 $0
2016 $4,482 $233,960 $0 $0
2015 $4,248 $218,942 $0 $0
2014 $4,467 $205,174 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Aimee Davis

    Seller's Agent in 2025

    Aimee Davis

    Legacy Realty Services, Inc

    (305) 785-8115

    2 in this area

    22 Total Sales

    Aimee Davis
    Section Image
  • Angelica Lang

    Buyer's Agent in 2025

    Angelica Lang

    Legacy Realty Services, Inc

    (305) 215-2167

    1 in this area

    26 Total Sales

    Angelica Lang
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11756811

MIAMI REALTORS® MLS

APN: 01-4139-007-1840

Florida Miami/Dade County Miami 33145 Coral Way

1561 SW 23rd Terrace, Miami, FL

This home is located at 1561 SW 23rd Terrace, Miami, FL 33145 and is currently priced at $851,000, approximately $397 per square foot. This property was built in 1958. 1561 SW 23rd Terrace is a home located in Miami-Dade County with nearby schools including Coral Way K-8 Center, Shenandoah Middle School, and Miami 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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