NOT LISTED FOR SALE

5979 SW 58th Terrace South Miami, FL 33143

Estimated Value: $591,000 - $743,669

2 Beds
1 Bath
907 Sq Ft
$750/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $555,000 $612 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,463/month

5 Days on Market

Highlights

  • RV or Boat Parking
  • Room in yard for a pool
  • No HOA
  • South Miami K-8 Center Rated A-
  • Wood Flooring
  • Cooling Available

About This Home

As of July 2023

INVESTORS ARE WELCOMED!! This property is a hidden gem in the heart of South Miami. Situated just minutes away from the University of Miami, Dadeland Mall, and plenty of shopping, entertainment, and dining. Located by great public and private schools. This is your opportunity to own a piece of architectural history. Call or text listing agent.

Last Agent to Sell the Property

Sarah Sanchez Castillo

LPT Realty, LLC License #3330341 Listed on: 03/29/2023

LPT Realty, LLC

Co-Listed By

Jennifer Gomez

LPT Realty, LLC License #3064708

LPT Realty, LLC

Last Buyer's Agent

Jennifer Gomez

LPT Realty, LLC License #3064708

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,070

Year Built

  • Built in 1950

Lot Details

  • 9,996 Sq Ft Lot
  • Southwest Facing Home
  • Property is zoned 0800

Home Design

  • Concrete Roof
  • Wood Siding

Interior Spaces

  • 907 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking
  • RV or Boat Parking

Pool

  • Room in yard for a pool

Utilities

  • Cooling Available
  • No Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Avocado Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-40-25-014-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,070

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: LPTR01
  • Co List Office Phone: 877-366-2213
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: AVOCADO HOMES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Washer
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Terrazzo, Wood
  • Furnished: Unfurnished
  • Living Area: 907
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Concrete
  • View: None
  • Exterior Features: Other, Room For Pool
  • Construction Type: Wood Siding
  • Direction Faces: Southwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: AVOCADO HOMES
  • Open Parking: Yes
  • Parking Features: Rv/Boat Parking, Slab/Strip, On Street

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 09-40-25-014-0040
  • Lot Size Sq Ft: 9996
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jul 28, 2023
Sold by
Knauber Jeanne M
Bought by
Addonizio Dawn M and Farias Jacqueline Ruiz
Seller's Agent
Sarah Sanchez Castillo
LPT Realty, LLC
Buyer's Agent
Jennifer Gomez
LPT Realty, LLC
List Price
$475,000
Sold Price
$555,000
Premium/Discount to List
$80,000
16.84%
Views
128
Current Estimated Value
$680,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,667
Avg. Annual Appreciation
9.50%
Original Mortgage
$277,500
Interest Rate
9.25%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Addonizio Dawn M $555,000 Fishermans Title
Farias Antony A $555,000 Fishermans Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farias Antony A $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $555,000 +16.8% $612 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $475,000 -- $524 / 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 $10,805 $622,748 -- --
2024 $9,021 $566,135 $481,140 $84,995
2023 $9,021 $469,578 $358,668 $110,910
2022 $1,071 $94,523 $0 $0
2021 $1,064 $91,770 $0 $0
2020 $1,043 $90,503 $0 $0
2019 $927 $84,566 $0 $0
2018 $870 $82,990 $0 $0
2017 $797 $81,284 $0 $0
2016 $783 $79,613 $0 $0
2015 $790 $79,060 $0 $0
2014 $799 $78,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11363249

MIAMI REALTORS® MLS

APN: 09-4025-014-0040