NOT LISTED FOR SALE

500 NW 48th St Miami, FL 33127

Little Haiti Neighborhood

Estimated Value: $408,000 - $654,000

0.11 Acre
$4,452,640 Price per Acre
5,000 Sq Ft Lot

Last Sold January 26, 2024

Last sale price $380,000 $320 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,210/month

40 Days on Market

Highlights

  • Corner Lot
  • Landscaped with Trees
  • 2-minute walk to North Bay Vista
  • No HOA
  • Fenced

About This Lot

As of January 2024

Location, location, location! This Buena Vista 5,000 sqft corner lot is an Investor's dream near Miami's coveted Design District. The main house has 3 beds, 1 bath and back cottage is a 1 bed 1 bath. Both units are in need of complete renovation. Minutes away from Midtown shops and Wynwood Art District.

Last Agent to Sell the Property

Monika Tefel

Coldwell Banker Realty License #3266738 Listed on: 12/16/2023

Coldwell Banker Realty

Last Buyer's Agent

Monika Tefel

Coldwell Banker Realty License #3266738 Listed on: 12/16/2023

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,176

Lot Details

  • 5,000 Sq Ft Lot
  • Dirt Road
  • North Facing Home
  • Fenced
  • Corner Lot
  • Landscaped with Trees
  • Property is zoned 0104

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bay Vista Park Amd Pl Condos
  • Bay Vista Park Amd Pl Subdivision
  • The community has rules related to building or community restrictions

Listing and Financial Details

  • Assessor Parcel Number 01-31-24-001-1540

Property Details

Property Type

Land

Est. Annual Taxes

$5,176

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Duplex
  • Horses: No
  • Inclusions: None
  • Lot Size Acres: 0.114
  • New Construction: No
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Duplex
  • Subdivision Name: BAY VISTA PARK AMD PL
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • View: None
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: City Location, Corner Location, Dirt, Less Than 1/4 Acre Lot, Corner Lot, Regular Lot, Fenced, Sidewalk
  • Other Structures: Other Bldg Incl, Run Down
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAY VISTA PARK AMD PL

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Other, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Subdivision Restrictions

Lot Info

  • Parcel Number: 01-31-24-001-1540
  • Additional Parcels: No
  • Current Use: Multi-Family, Check Land Use Plan
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 5000
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5176

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2023
Closed on
Jan 25, 2024
Sold by
Walker Jack L and Walker Anita W
Bought by
500 Nw 48 Llc
Seller's Agent
Monika Tefel
Coldwell Banker Realty
Buyer's Agent
Monika Tefel
Coldwell Banker Realty
List Price
$450,000
Sold Price
$380,000
Premium/Discount to List
-$70,000
-15.56%
Views
64
Current Estimated Value
$507,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,601
Avg. Annual Appreciation
22.77%

Purchase Details

Closed on
Jan 15, 2008
Sold by
Walker Anita W
Bought by
Walker Jack L and Walker Anita W

Purchase Details

Closed on
Apr 14, 1994
Sold by
Wiggins Geraldine and Wiggins George Joseph
Bought by
Wiggins Geraldine and Walker Anita W
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
500 Nw 48 Llc $380,000 Cnergy Title & Escrow, Llc
Walker Jack L -- Attorney
Wiggins Geraldine -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $380,000 -15.6% $320 / Sq Ft
12/16/2023 12/16/23 For Sale $450,000 -- $379 / 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 $5,328 $340,000 $340,000 --
2024 $5,176 $168,284 -- --
2023 $5,176 $152,986 $0 $0
2022 $4,337 $139,079 $0 $0
2021 $3,774 $126,436 $0 $0
2020 $3,557 $217,181 $129,930 $87,251
2019 $3,142 $178,897 $100,110 $78,787
2018 $2,812 $160,614 $81,792 $78,822
2017 $2,646 $86,359 $0 $0
2016 $2,408 $78,509 $0 $0
2015 $2,203 $71,372 $0 $0
2014 $1,953 $64,884 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monika Tefel

    Seller's Agent in 2024

    Monika Tefel

    Coldwell Banker Realty

    (786) 460-5854

    1 in this area

    91 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11501880

MIAMI REALTORS® MLS

APN: 01-3124-001-1540

Florida Miami/Dade County Miami 33127 Little Haiti

500 NW 48th St, Miami, FL

This home is located at 500 NW 48th St, Miami, FL 33127 since 16 December 2023 and is currently estimated at $507,601, approximately $427 per square foot. 500 NW 48th St is a home located in Miami-Dade County with nearby schools including Shadow Lawn Elementary School, Jose De Diego Middle School, and Miami Edison 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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