NOT LISTED FOR SALE

2723 NW 5th St Miami, FL 33125

West Flagler Neighborhood

Estimated Value: $562,000 - $646,000

3 Beds
2 Baths
1,230 Sq Ft
$499/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $480,000 $390 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,355/month

34 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Heating Available
  • Cooling Available
  • South Facing Home

About This Home

As of October 2022

Fantastic Opportunity to build your Duplex or Triplex dream property. Big moneymaker for 2022! According to Seller, Property is currently zoned for 2.3 units. Additionally, a variance can be had to construct up to three units on this property.

Last Agent to Sell the Property

Daniel Burdak

Brickell Investment Realty License #0324756 Listed on: 06/16/2022

Last Buyer's Agent

Daniel Burdak

Brickell Investment Realty License #0324756 Listed on: 06/16/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,389

Year Built

  • Built in 1938

Lot Details

  • 0.26 Acre Lot
  • South Facing Home
  • Property is zoned 0100

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Grosse Pointe Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-04-012-0411

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,389

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: GROSSE POINTE HIGHLANDS
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1230
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: None
  • Exterior Features: None
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GROSSE POINTE HIGHLANDS
  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-04-012-0411
  • Lot Size Sq Ft: 11310
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8389

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Cristina Mora Bonafonte Living Trust
Bought by
Rodriguez Arnaldo Yuri
Current Estimated Value
$613,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Outstanding Balance
$437,746
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$225,910

Purchase Details

Closed on
Jul 20, 2020
Sold by
2723 Investment Holdings Llc
Bought by
The Cristina Mora Bonafonte Living Trust

Purchase Details

Closed on
Oct 1, 2014
Sold by
Vivian Valcarce Trs
Bought by
2723 Investment Holdings Llc

Purchase Details

Closed on
Jan 3, 2012
Sold by
Valcarce Vivian
Bought by
Valcarce Vivian
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
Rodriguez Arnaldo Yuri $480,000 New Title Company Name
The Cristina Mora Bonafonte Living Trust -- None Available
2723 Investment Holdings Llc $100 --
Valcarce Vivian -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Arnaldo Yuri $456,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $480,000 -3.8% $390 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $499,000 -- $406 / 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 $13,041 $665,545 $588,120 $77,425
2024 $12,092 $626,738 -- --
2023 $12,092 $569,762 $492,143 $77,619
2022 $9,464 $414,640 $0 $0
2021 $8,389 $376,946 $288,625 $88,321
2020 $6,692 $348,376 $259,947 $88,429
2019 $6,139 $317,783 $229,246 $88,537
2018 $5,562 $298,313 $229,246 $69,067
2017 $5,237 $203,000 $0 $0
2016 $5,313 $218,840 $0 $0
2015 $4,804 $198,946 $0 $0
2014 $3,031 $114,405 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Burdak

    Seller's Agent in 2022

    Daniel Burdak

    Brickell Investment Realty

    (786) 286-3262

    1 in this area

    41 Total Sales

    Daniel Burdak
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11221187

MIAMI REALTORS® MLS

APN: 01-4104-012-0410

Florida Miami/Dade County Miami 33125 West Flagler

2723 NW 5th St, Miami, FL

This home is located at 2723 NW 5th St, Miami, FL 33125 since 16 June 2022 and is currently estimated at $613,300, approximately $498 per square foot. This property was built in 1938. 2723 NW 5th St is a home located in Miami-Dade County with nearby schools including Kensington Park Elementary School, Citrus Grove 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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