$800,157 - $1,175,000
RENTED JAN 15, 2025

1948 SW 25th Terrace Unit 1944 Miami, FL 33133

Northeast Coconut Grove Neighborhood
2 Beds
1 Bath
750 Sq Ft
$1,274 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Vinyl Flooring
  • Guest Parking

About This Home

As of January 2025

This newly renovated gem boasts a Coconut Grove atmosphere & easy access to "The Underline" Miami's New Linear Park . Enjoy the Privacy of your own Large Patio or stroll through the manicured neighborhood ideal for dog walking. Complete with 2 Assigned Parking Spaces, New Kitchen & Full Size Washer/Dryer. Minuets from "Grove Central" with Sprouts, Target, CVS etc, Easy access to Key Biscayne and Coconut Grove, Schedule your showing today!

Last Agent to Rent the Property

Eric Yerina

Simpson Associates of Florida License #3222397 Listed on: 12/05/2024

Last Renter's Agent

Eric Yerina

Simpson Associates of Florida License #3222397 Listed on: 12/05/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,706

Year Built

  • Built in 1953

Lot Details

  • 7,696

Interior Spaces

  • 750 Sq Ft Home
  • Vinyl Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Guest Parking
  • Assigned Parking

Additional Features

  • 7,696 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 12/9/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 01-41-15-005-0260

Community Details

Overview

  • No Home Owners Association
  • Victory Homesites Condos
  • Victory Homesites Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,706

Year Built

Built in 1953

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2024-12-09
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1953
  • Property Sub Type: Apartment
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Duplex/Tri/Quad-Annual, Apartment
  • Subdivision Name: VICTORY HOMESITES
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Living Area: 750

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: VICTORY HOMESITES
  • Parking Features: 2 Spaces, Assigned, Guest

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-15-005-0260
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7696
  • Zoning: 4600
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2022
Sold by
Simpson Randell W
Bought by
Nineteen 48 Llc
Current Estimated Value
$955,289

Purchase Details

Closed on
Jul 15, 2021
Sold by
Padron Margarita and Padron Guillermo
Bought by
Simpson Randell W and Yerina Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2011
Sold by
Fernandez Rodolfo A
Bought by
Padron Guillermo and Padron Margarita

Purchase Details

Closed on
Jul 15, 2008
Sold by
Padron Guillermo and Padron Margarita
Bought by
Fernandez Rodolfo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 17, 2002
Sold by
Padron Guillermo and Padron Margarita
Bought by
Padron Guillermo and Padron Margarita
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 Buyer Sale Price Title Company
Nineteen 48 Llc -- --
Simpson Randell W $575,000 Attorney
Padron Guillermo $310,000 Attorney
Fernandez Rodolfo A $360,000 Attorney
Padron Guillermo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simpson Randell W $197,200
Previous Owner Fernandez Rodolfo A $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2025 01/15/25 Rented $2,500 0.0% --
12/27/2024 12/27/24 Under Contract -- -- --
12/05/2024 12/05/24 For Rent $2,500 -- --
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 $11,706 $582,461 $457,912 $124,549
2024 $10,813 $540,960 -- --
2023 $10,813 $489,033 $392,496 $96,537
2022 $10,842 $489,033 $392,496 $96,537
2021 $10,001 $434,931 $327,080 $107,851
2020 $9,553 $435,823 $327,080 $108,743
2019 $8,827 $404,021 $294,372 $109,649
2018 $7,979 $372,220 $261,664 $110,556
2017 $7,419 $301,477 $0 $0
2016 $7,234 $274,070 $0 $0
2015 $7,007 $249,155 $0 $0
2014 $6,280 $226,505 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11704811

MIAMI REALTORS® MLS

APN: 01-4115-005-0260