550 NW 42nd St Miami, FL 33127
Miami Design District Neighborhood
2
Beds
1
Bath
1,372
Sq Ft
5,000
Sq Ft Lot
Highlights
- Garden View
- Cooling Available
- Ceramic Tile Flooring
- No HOA
- Laundry in Utility Room
- 1-Story Property
About This Home
As of May 2025Location Location !!! Near Design District, Museums, galleries, shopping and restaurants.
Some repairs needed Sold AS IS
Last Agent to Sell the Property
The Keyes Company License #0406248 Listed on: 08/05/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,578
Year Built
- Built in 1925
Lot Details
- 5,000 Sq Ft Lot
- South Facing Home
- Property is zoned 0104
Home Design
- Shingle Roof
Interior Spaces
- 1,372 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Combination Dining and Living Room
- Garden Views
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in Utility Room
- Washer and Dryer Hookup
Parking
- Driveway
- Open Parking
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
- Bay Vista Park Amd Pl Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-24-003-1760
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2025
Closed on
May 6, 2025
Sold by
Rockwood Investments Inc
Bought by
Aquit Reinaldo
Seller's Agent
Michael Venereo
Barcelo Realty Corp
Buyer's Agent
Michael Venereo
Barcelo Realty Corp
List Price
$2,190,900
Sold Price
$2,350,000
Premium/Discount to List
$159,100
7.26%
Views
33
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.25%
Original Mortgage
$1,997,500
Outstanding Balance
$1,993,976
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$334,691
Purchase Details
Listed on
Aug 5, 2021
Closed on
Oct 15, 2021
Sold by
Dorsett Floyd and Dorsett Diane
Bought by
Rockwood Investments Inc
Seller's Agent
Marion Larmond
The Keyes Company
Buyer's Agent
Marion Larmond
The Keyes Company
List Price
$406,000
Sold Price
$399,000
Premium/Discount to List
-$7,000
-1.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.77%
Original Mortgage
$514,935
Interest Rate
3.05%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 23, 2019
Sold by
Dorsett Rhonda
Bought by
Green Nellie and Dorsett Floyd
Purchase Details
Closed on
Aug 14, 2009
Sold by
Dorsett Doris
Bought by
Green Neilie
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,350,000 | Legacy Title | |
| Warranty Deed | $2,350,000 | Legacy Title | |
| Warranty Deed | $399,000 | Miami Title Group Inc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,997,500 | New Conventional | |
| Closed | $1,997,500 | New Conventional | |
| Previous Owner | $514,935 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Price Changed | $3,000,000 | +11.1% | -- |
| 06/16/2025 06/16/25 | For Sale | $2,700,000 | 0.0% | -- |
| 06/11/2025 06/11/25 | For Rent | $25,696 | 0.0% | -- |
| 05/09/2025 05/09/25 | Sold | $2,350,000 | 0.0% | $1,870 / Sq Ft |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 02/21/2025 02/21/25 | Price Changed | $2,350,000 | +7.3% | $1,870 / Sq Ft |
| 02/11/2025 02/11/25 | For Sale | $2,190,900 | +449.1% | $1,743 / Sq Ft |
| 09/25/2021 09/25/21 | Pending | -- | -- | -- |
| 09/20/2021 09/20/21 | Sold | $399,000 | -1.7% | $291 / Sq Ft |
| 08/04/2021 08/04/21 | For Sale | $406,000 | -- | $296 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $5,871 | $322,351 | -- | -- |
| 2024 | $6,246 | $293,047 | $292,662 | $385 |
| 2023 | $6,246 | $285,379 | $284,994 | $385 |
| 2022 | $5,412 | $228,053 | $0 | $0 |
| 2021 | $4,785 | $207,321 | $140,154 | $67,167 |
| 2020 | $4,578 | $197,129 | $129,930 | $67,199 |
| 2019 | $633 | $58,227 | $0 | $0 |
| 2018 | $612 | $57,142 | $0 | $0 |
| 2017 | $613 | $55,967 | $0 | $0 |
| 2016 | $616 | $54,816 | $0 | $0 |
| 2015 | $622 | $54,435 | $0 | $0 |
| 2014 | $630 | $54,003 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Adalis Carbo
The Firm Properties, LLC.
(786) 503-2223
1 in this area
17 Total Sales
-
Seller's Agent in 2025
Michael Venereo
Barcelo Realty Corp
1 in this area
33 Total Sales
-
Seller's Agent in 2021
Marion Larmond
The Keyes Company
(305) 788-0116
1 in this area
4 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11081113
APN: 01-3124-003-1760
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