$620,000
SOLD FEB 19, 2025

5720 SW 2nd Terrace Miami, FL 33144

Flagami Neighborhood
3 Beds
2 Baths
1,704 Sq Ft
4,800 Sq Ft Lot

Recently Sold

$364 Per Sq Ft

8% Below List Price

64 Days on Market

Highlights

  • Garden View
  • High Impact Door
  • 1-Story Property
  • No HOA
  • Laundry in Utility Room
  • 4-minute walk to Bay of Pigs Memorial Park

About This Home

As of February 2025

Completely RENOVATED single-family home in one of Miami's most CENTRAL locations. The property features a gated, private driveway and a floorplan designed for family living. Turn-key and move-in-ready. Roof was completely redone in 2021. Master Bedroom is currently being used as a playroom.

Last Agent to Sell the Property

Johana Cabrera

Chez Realty, LLC. License #3468727 Listed on: 11/18/2024

Last Buyer's Agent

Juan Marin

Real Estate Sales Force License #3423978

Real Estate Sales Force

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,535

Year Built

  • Built in 1991

Lot Details

  • 4,800 Sq Ft Lot
  • South Facing Home
  • Property is zoned 0100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Garden Views
  • High Impact Door

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 4 Carport Spaces
  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Westlawn Corr Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-40-01-017-0280

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,535

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: WESTLAWN - CORR PL
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Electric Range, Washer
  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Living Area: 1704
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: WESTLAWN - CORR PL
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-40-01-017-0280
  • Lot Size Sq Ft: 4800
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Feb 7, 2025
Sold by
Velazquez Gisel and Esnaola Alejandro
Bought by
Santander Marco and Santander Maribel
Seller's Agent
Johana Cabrera
Chez Realty, LLC.
Buyer's Agent
Juan Marin
Real Estate Sales Force
List Price
$675,000
Sold Price
$620,000
Premium/Discount to List
-$55,000
-8.15%
Views
49
Current Estimated Value
$640,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,956
Avg. Annual Appreciation
6.23%
Original Mortgage
$434,000
Outstanding Balance
$431,446
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$209,510

Purchase Details

Closed on
Jun 9, 2023
Sold by
Velazquez Vilma
Bought by
Velazquez Gisel

Purchase Details

Closed on
May 2, 2013
Sold by
Rene Velazquez Est Of
Bought by
Velazquez Vilma

Purchase Details

Closed on
Sep 13, 1993
Sold by
Medina Jose R and Rodriguez Medina Jose
Bought by
Velazquez Rene
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $620,000 The Closing Firm
Warranty Deed $620,000 The Closing Firm
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed -- --
Warranty Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $434,000 New Conventional
Closed $434,000 New Conventional
Previous Owner $45,000 Unknown
Previous Owner $40,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $620,000 -4.6% $364 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/02/2025 01/02/25 Price Changed $650,000 -2.3% $381 / Sq Ft
12/05/2024 12/05/24 Price Changed $665,000 -1.5% $390 / Sq Ft
11/18/2024 11/18/24 For Sale $675,000 -- $396 / 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 $12,535 $443,145 -- --
2024 $7,139 $430,656 $213,451 $217,205
2023 $7,139 $163,364 $0 $0
2022 $7,137 $158,606 $0 $0
2021 $2,754 $153,987 $0 $0
2020 $2,682 $150,205 $0 $0
2019 $2,615 $146,828 $0 $0
2018 $2,509 $144,091 $0 $0
2017 $2,475 $141,128 $0 $0
2016 $2,478 $138,226 $0 $0
2015 $2,500 $137,266 $0 $0
2014 $3,060 $159,898 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11695310

MIAMI REALTORS® MLS

APN: 01-4001-017-0280