NOT LISTED FOR SALE

6705 S Red Rd Unit 512 South Miami, FL 33143

Lower Riviera Neighborhood

Estimated Value: $1,496,648

-- Bed
-- Bath
1,262 Sq Ft
$1,186/Sq Ft Est. Value

About This Home

This home is located at 6705 S Red Rd Unit 512, South Miami, FL 33143 and is currently estimated at $1,496,648, approximately $1,185 per square foot. 6705 S Red Rd Unit 512 is a home located in Miami-Dade County with nearby schools including Sunset Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2012
Sold by
Biltmore Property Group Llc
Bought by
M B Medical Group Llc
Current Estimated Value
$1,496,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$181,850
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$1,314,798

Purchase Details

Closed on
Dec 10, 2007
Sold by
Venera Holdings Llc
Bought by
Biltmore Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.22%
Mortgage Type
Commercial
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.

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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.

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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.

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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.

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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
M B Medical Group Llc $407,600 Attorney
Biltmore Property Group Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M B Medical Group Llc $265,000
Previous Owner Biltmore Property Group Llc $1,000,000
Source: Public Records

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 $14,237 $843,471 -- --
2024 $12,962 $766,792 -- --
2023 $12,962 $697,084 $0 $0
2022 $12,044 $633,713 $0 $0
2021 $11,450 $576,103 $0 $0
2020 $9,974 $523,730 $0 $0
2019 $10,000 $523,730 $0 $0
2018 $9,241 $504,800 $0 $0
2017 $8,620 $445,126 $0 $0
2016 $8,322 $404,660 $0 $0
2015 $7,813 $367,873 $0 $0
2014 $6,742 $334,430 $0 $0
Source: Public Records

Map

Florida Miami/Dade County South Miami 33143 Lower Riviera

6705 S Red Rd Unit 512, South Miami, FL

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