NOT LISTED FOR SALE

3425 NW 1st Ave Miami, FL 33127

Wynwood Neighborhood

Estimated Value: $1,117,000 - $1,414,000

4 Beds
2 Baths
2,338 Sq Ft
$570/Sq Ft Est. Value

Last Sold September 11, 2024

Last sale price $1,295,000 $554 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,629/month

276 Days on Market

Highlights

  • No HOA
  • Vinyl Flooring
  • 1-minute walk to Roberto Clemente Park
  • Cooling Available
  • Heating Available

About This Home

As of September 2024

SELLER FINANCING UP TO 50%!! LOCATION! LOCATION! Great INVESTMENT and DEVELOPER opportunity in a highly desirable WYNWOOD area. Ready and approved T4 Zoning by City of Miami. Great opportunity to build a 4 story building. Walking distance to Midtown Stores/Design District, Restaurants, 15 minutes to Brickell. Currently a 4 Apartment (2/1 each) completely remodeled and rented. Producing more than $10k via Airbnb. SEND YOUR BEST OFFER with PROOF OF FUNDS /DU.

Last Agent to Sell the Property

Catuska Fernandez

ACE Florida Realty, LLC License #3495269 Listed on: 12/09/2023

Last Buyer's Agent

Roger Pardo

Realty Group of Miami, LLC License #3120916

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,778

Year Built

  • Built in 1929

Lot Details

  • Property is zoned 3900

Parking

  • 2 Parking Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 2,338 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Wynd Wood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-019-1351

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,778

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1929
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: WYND WOOD PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Vinyl
  • Living Area: 2338
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: Other
  • Lot Features: Other Lot Description
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WYND WOOD PARK
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-25-019-1351
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2023
Closed on
Sep 6, 2024
Sold by
Wyn Holding Llc
Bought by
Sci 1 Gv Llc
Seller's Agent
Catuska Fernandez
ACE Florida Realty, LLC
Buyer's Agent
Roger Pardo
Realty Group of Miami, LLC
List Price
$1,399,500
Sold Price
$1,295,000
Premium/Discount to List
-$104,500
-7.47%
Views
49
Current Estimated Value
$1,331,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,510
Avg. Annual Appreciation
2.49%
Original Mortgage
$645,000
Outstanding Balance
$432,145
Interest Rate
1%
Mortgage Type
Seller Take Back
Estimated Equity
$899,365

Purchase Details

Listed on
Apr 3, 2021
Closed on
Dec 29, 2022
Sold by
American Property Investments Llc
Bought by
Wyn Holding Llc
Seller's Agent
G Ortega
MMLS Assoc.-Inactive Member
Buyer's Agent
Catuska Fernandez
ACE Florida Realty, LLC
List Price
$1,100,000
Sold Price
$1,015,000
Premium/Discount to List
-$85,000
-7.73%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%
Original Mortgage
$550,000
Interest Rate
7.08%
Mortgage Type
Balloon

Purchase Details

Listed on
Apr 3, 2021
Closed on
Nov 1, 2022
Sold by
Davis Arlin
Bought by
American Property Investments Llc
Seller's Agent
G Ortega
MMLS Assoc.-Inactive Member
Buyer's Agent
Catuska Fernandez
ACE Florida Realty, LLC
List Price
$1,100,000
Sold Price
$1,015,000
Premium/Discount to List
-$85,000
-7.73%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.08%
Mortgage Type
Balloon
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
Sci 1 Gv Llc $1,295,000 Trust Title
Sci 1 Gv Llc $1,295,000 Trust Title
Wyn Holding Llc -- --
American Property Investments Llc $1,015,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sci 1 Gv Llc $645,000
Closed Sci 1 Gv Llc $645,000
Previous Owner American Property Investments Llc $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2024 09/11/24 Sold $1,295,000 -0.3% $554 / Sq Ft
05/22/2024 05/22/24 Price Changed $1,299,500 -6.8% $556 / Sq Ft
02/14/2024 02/14/24 Price Changed $1,394,500 -0.4% $596 / Sq Ft
12/09/2023 12/09/23 For Sale $1,399,500 +37.9% $599 / Sq Ft
11/02/2022 11/02/22 Sold $1,015,000 -7.7% $434 / Sq Ft View Prior Sale
10/09/2022 10/09/22 Pending -- -- --
03/30/2021 03/30/21 For Sale $1,100,000 -- $470 / 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 $19,336 $960,957 $799,500 $161,457
2024 $17,778 $910,680 -- --
2023 $17,778 $827,891 $666,250 $161,641
2022 $4,132 $174,745 $0 $0
2021 $3,605 $154,906 $0 $0
2020 $2,255 $224,775 $0 $0
2019 $2,082 $200,681 $0 $0
2018 $2,183 $227,668 $0 $0
2017 $1,862 $118,567 $0 $0
2016 $1,643 $111,204 $0 $0
2015 $1,654 $105,088 $0 $0
2014 $1,429 $99,454 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Catuska Fernandez

    Seller's Agent in 2024

    Catuska Fernandez

    ACE Florida Realty, LLC

    (786) 603-4438

    3 in this area

    31 Total Sales

    Catuska Fernandez
    Section Image
  • Roger Pardo

    Buyer's Agent in 2024

    Roger Pardo

    Realty Group of Miami, LLC

    (786) 200-4509

    1 in this area

    43 Total Sales

    Roger Pardo
    Section Image

  • G

    Seller's Agent in 2022

    G Ortega

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11498471

MIAMI REALTORS® MLS

APN: 01-3125-019-1351

Florida Miami/Dade County Miami 33127 Wynwood

3425 NW 1st Ave, Miami, FL

Not Listed for Sale

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