NOT LISTED FOR SALE

501 NE 55th St Miami, FL 33137

Upper East Side South Neighborhood

Estimated Value: $1,730,000 - $2,102,000

4 Beds
3 Baths
1,779 Sq Ft
$1,117/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $1,325,000 $745 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $12,962/month

8 Days on Market

Highlights

  • 1 Bedroom Guest House
  • Room in yard for a pool
  • Wood Flooring
  • Gated Community
  • Maid or Guest Quarters
  • Garden View

About This Home

As of September 2021

Superb mid-century house in beautiful Morningside, one of Miami’s premier gated communities. This dream home features a 3 bed/2 bath main house plus separate 1 bed/1 bath guest quarters. The oversized 11,000 sq ft yard, which is secluded and filled with tropical trees, offers ample room for a pool and/or home addition. While maintaining its original mid-century charm, the house has been beautifully renovated with impact windows throughout, a new tile roof and modern kitchen. There is also a sizable garage to protect your favorite car. In addition, Morningside park is just a block away with its 8 tennis courts, playgrounds and bay access.

Last Agent to Sell the Property

Sandra Debuire

Debuire International Realty License #3308158 Listed on: 07/29/2021

Co-Listed By

Jerome Cherki

Compass Florida, LLC License #3297013

Last Buyer's Agent

Ines Morando

One Sotheby's International Realty License #3315895

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,900

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Southwest Facing Home
  • Property is zoned 0100

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,779 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Garden Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Leased
  • High Impact Windows
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Patio

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-028-0170

Community Details

Overview

  • No Home Owners Association
  • Bayshore Plaza Subdivision

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,900

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: BAYSHORE PLAZA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1779
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, High Impact Windows, Single Hung Metal, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • Roof: Flat Tile
  • View: Garden
  • Exterior Features: Fruit Trees, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BAYSHORE PLAZA
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Security System Leased, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Tennis Court(s), Gated Community

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-18-028-0170
  • Lot Size Sq Ft: 11000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 2, 2021
Sold by
Ribeiro Rafael Rodrigues and Perot Alice
Bought by
Ochoa Raul Esteban and De Los Milagros
Seller's Agent
Sandra Debuire
Debuire International Realty
Buyer's Agent
Ines Morando
One Sotheby's International Realty
List Price
$1,350,000
Sold Price
$1,325,000
Premium/Discount to List
-$25,000
-1.85%
Current Estimated Value
$1,987,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,973
Avg. Annual Appreciation
10.82%
Original Mortgage
$993,750
Outstanding Balance
$906,874
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,081,099

Purchase Details

Closed on
Jan 25, 2020
Sold by
Ribeiro Rafael Rodrigues
Bought by
Ribeiro Rafael Rodrigues and Ferot Alice C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2012
Closed on
Feb 28, 2012
Sold by
Matney Michael Zane
Bought by
Ribeiro Rafael Rodriguez
Seller's Agent
Doug Addeo
Community Realty Associates
Buyer's Agent
Cyril Bijaoui
MMLS Assoc.-Inactive Member
List Price
$555,000
Sold Price
$555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$416,250
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2011
Sold by
Elliott Robert R
Bought by
Matney Michael Zane

Purchase Details

Closed on
Jun 21, 2002
Sold by
Raul Martinez M and Raul Sheila K
Bought by
Elliott Robert R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ochoa Raul Esteban $1,325,000 Attorney
Ribeiro Rafael Rodrigues -- Mortgage Connect Lp
Ribeiro Rafael Rodriguez $555,000 Attorney
Matney Michael Zane $367,000 Union Title Services Inc
Elliott Robert R $388,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Raul Esteban $993,750
Previous Owner Ribeiro Rafael Rodrigues $510,400
Previous Owner Ribeiro Rafael Rodrigues $253,250
Previous Owner Ribeiro Rafael $103,800
Previous Owner Ribeiro Rafael Rodriguez $416,250
Previous Owner Elliott Robert R $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $1,325,000 -1.9% $745 / Sq Ft
07/28/2021 07/28/21 For Sale $1,350,000 +143.2% $759 / Sq Ft
03/12/2012 03/12/12 Sold $555,000 0.0% $263 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $555,000 -- $263 / 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 $25,558 $1,245,457 -- --
2024 $24,617 $1,210,357 -- --
2023 $24,617 $1,134,934 $0 $0
2022 $23,689 $1,100,107 $880,132 $219,975
2021 $13,171 $573,335 $0 $0
2020 $12,900 $565,420 $0 $0
2019 $12,654 $552,708 $0 $0
2018 $12,227 $542,403 $0 $0
2017 $12,130 $531,247 $0 $0
2016 $11,926 $520,321 $0 $0
2015 $12,504 $516,705 $0 $0
2014 $11,670 $512,605 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandra Debuire

    Seller's Agent in 2021

    Sandra Debuire

    Debuire International Realty

    (305) 898-5888

    2 in this area

    81 Total Sales

    Sandra Debuire
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jerome Cherki

    Compass Florida, LLC

    (305) 405-0615

    2 in this area

    40 Total Sales

    Jerome Cherki
    Section Image

  • I

    Buyer's Agent in 2021

    Ines Morando

    One Sotheby's International Realty

    (305) 648-3141

    1 in this area

    6 Total Sales

    Ines Morando
    Section Image
  • Doug Addeo

    Seller's Agent in 2012

    Doug Addeo

    Community Realty Associates

    (561) 218-6558

    1,250 Total Sales

    Doug Addeo
    Section Image

  • C

    Buyer's Agent in 2012

    Cyril Bijaoui

    MMLS Assoc.-Inactive Member

    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11077144

MIAMI REALTORS® MLS

APN: 01-3218-028-0170

Florida Miami/Dade County Miami 33137 Upper East Side South

501 NE 55th St, Miami, FL

This home is located at 501 NE 55th St, Miami, FL 33137 since 29 July 2021 and is currently estimated at $1,987,973, approximately $1,117 per square foot. This property was built in 1940. 501 NE 55th St is a home located in Miami-Dade County with nearby schools including Morningside K-8 Academy, Horace Mann 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.

Nearby Homes