NOT LISTED FOR SALE

7050 SW 74th St Miami, FL 33143

Estimated Value: $5,194,000 - $6,340,390

10 Beds
11 Baths
-- Sq Ft
1.02 Acres

Last Sold October 09, 2016

Last sale price $803,540

Est. 628% increase in value since last sale

Current estimated payment $33,826/month

16 Days on Market

Highlights

  • 44,431 Sq Ft lot
  • No HOA
  • Fenced
  • South Miami Middle School Rated A-
  • Views
  • Heating Available

About This Home

As of October 2016

SPECTACULAR building opportunity! Beautiful corner lot property at 7050 SW 74 ST for a total of 1.02 acres. Potential! Excellent location and Minutes away to Coral Gables, Coconut Grove, Pinecrest, University of Miami, Dadeland, South Miami, Metrorail, Baptist Hospital, South Miami Hospital & more. Great access to transportation with both US1 and 826 (Palmetto Xway) close by. Great opportunity to build your dream home. Motivated Seller! Owner willing to finance.

Last Agent to Sell the Property

Ramon Fernandez

Florida Capital Realty License #3103198 Listed on: 07/08/2016

Florida Capital Realty

Last Buyer's Agent

Ramon Fernandez

Florida Capital Realty License #3103198 Listed on: 07/08/2016

Florida Capital Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,520

Year Built

  • Built in 1998

Lot Details

  • 1.02 Acre Lot
  • Northwest Facing Home
  • Fenced
  • Property is zoned EU-1

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Sunset Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-35-003-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,520

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: Sunset Add
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Other, No Additional Rooms
  • Flooring: Other
  • Furnished: Unfurnished
  • Other Equipment: No Equipment
  • Possible Use: Primary
  • Bedroom Features: None
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Other
  • View: Other
  • Construction Type: Other
  • Direction Faces: Northwest
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Sunset Add
  • Parking Features: None

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road, Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-35-003-0070
  • Lot Size Sq Ft: 44431
  • Zoning: EU-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6520

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Pena Carlos G
Bought by
Pena Carlos G
Current Estimated Value
$5,847,130

Purchase Details

Closed on
Oct 10, 2019
Sold by
Cvg Management Company Llc
Bought by
Pena Carlos G and Pena Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2016
Closed on
Sep 7, 2016
Sold by
Fernandez Silvio and Fernandez Yvette B
Bought by
Cvg Management Llc
Seller's Agent
Ramon Fernandez
Florida Capital Realty
Buyer's Agent
Ramon Fernandez
Florida Capital Realty
List Price
$849,000
Sold Price
$803,540
Premium/Discount to List
-$45,460
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.49%

Purchase Details

Listed on
Jul 8, 2014
Closed on
Jan 6, 2015
Sold by
Miromago Inc
Bought by
Fernandez Silvio and Fernandez Yvette B
Seller's Agent
Monica Zarbaf
The Keyes Company
Buyer's Agent
Ramon Fernandez
Florida Capital Realty
List Price
$720,000
Sold Price
$600,000
Premium/Discount to List
-$120,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.17%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Rush Timothy F and Rush Marlene
Bought by
Miromago Inc
Source: Public Records

Range of Values:

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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
Pena Carlos G -- Joseph A Porrello Pa
Pena Carlos G -- Attorney
Cvg Management Llc $803,594 Attorney
Fernandez Silvio $600,000 Attorney
Miromago Inc $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pena Carlos G $484,350
Previous Owner Miromago Inc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2016 10/09/16 Sold $803,540 -5.4% --
07/25/2016 07/25/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $849,000 +41.5% --
01/09/2015 01/09/15 Sold $600,000 -16.7% $14 / Sq Ft View Prior Sale
11/03/2014 11/03/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $720,000 -- $16 / 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 $36,844 $2,193,718 -- --
2024 $35,707 $2,131,894 -- --
2023 $35,707 $2,069,800 $0 $0
2022 $34,579 $2,009,515 $0 $0
2021 $34,611 $1,950,986 $0 $0
2020 $34,237 $1,924,050 $0 $0
2019 $12,226 $635,842 $631,250 $4,592
2018 $10,978 $635,898 $631,250 $4,648
2017 $11,136 $635,954 $0 $0
2016 $8,669 $484,510 $0 $0
2015 $6,520 $357,112 $0 $0
2014 $6,091 $326,255 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ramon Fernandez

    Florida Capital Realty

    (305) 498-4000

    Ramon Fernandez
    Section Image
  • Monica Zarbaf

    Seller's Agent in 2015

    Monica Zarbaf

    The Keyes Company

    (305) 801-9154

    1 in this area

    7 Total Sales

    Monica Zarbaf
    Section Image
  • Carlos Pena

    Seller Co-Listing Agent in 2015

    Carlos Pena

    The Keyes Company

    (786) 262-3370

    1 in this area

    43 Total Sales

    Carlos Pena
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10112780

MIAMI REALTORS® MLS

APN: 30-4035-003-0070

Florida Miami/Dade County Miami 33143

7050 SW 74th St, Miami, FL

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