$1,111,111
SOLD DEC 23, 2024
6 Beds
3.5 Baths
2,401 Sq Ft
0.34 Acres

Recently Sold

$463 Per Sq Ft

15% Below List Price

7 Days on Market

Highlights

  • 15,000 Sq Ft lot
  • Main Floor Bedroom
  • Sun or Florida Room
  • Wood Flooring
  • Attic
  • 3-minute walk to Spring Garden Point Park

About This Home

As of December 2024

A chance to secure a piece of Miami's legacy presents itself with 723 NW 9th Ave, now on the market for the first time. This property's uniqueness cannot be overstated. Hosting a distinguished 5 Bed | 2.5 Bath historic residence, it eagerly awaits a new steward to author its forthcoming chapter. While the fully renovated 1/1 guest house offers updated allure. Encompassed by an ample 15,000 SQFT Lot adorned with trees, the home exudes an enduring sense of grace. Boasting multifamily zoning, the potential for the next owner knows no bounds. Situated amidst the serene enclave of Spring Garden, this property reveals a sanctuary where residents revel in tranquil living within the vibrant Miami River District. Uncover this hidden treasure today. SQFT Areas According to Seller.

Last Agent to Sell the Property

Jackson Keddell

Douglas Elliman License #3293754 Listed on: 11/26/2024

Douglas Elliman

Last Buyer's Agent

Shai Ben-Ami

Urban Core Group LLC License #3234494

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,895

Year Built

  • Built in 1948

Lot Details

  • 0.34 Acre Lot
  • West Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,401 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Den
  • Sun or Florida Room
  • Wood Flooring
  • Property Views
  • Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom

Parking

  • Driveway
  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Spring Garden Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-35-027-0560

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,895

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: SPRING GARDEN
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: First Floor Entry, Attic, Den/Library/Office, Family Room, Florida Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2401
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Attic, Den/Library/Office, Family Room, Florida Room

Exterior Features

  • Roof: Shingle
  • View: Other
  • Construction Type: Frame
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: SPRING GARDEN
  • Open Parking: Yes
  • Parking Features: Driveway, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-35-027-0560
  • Lot Size Sq Ft: 15000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15895

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Dec 23, 2024
Sold by
Isca Lily Kafka Co
Bought by
Spring Forever Llc
Seller's Agent
Jackson Keddell
Douglas Elliman
Buyer's Agent
Shai Ben-Ami
Urban Core Group LLC
List Price
$1,300,000
Sold Price
$1,111,111
Premium/Discount to List
-$188,889
-14.53%
Views
8
Current Estimated Value
$1,167,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,352
Avg. Annual Appreciation
6.42%
Original Mortgage
$1,000,000
Outstanding Balance
$762,530
Interest Rate
6.78%
Mortgage Type
Balloon
Estimated Equity
$400,225
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,111,200 None Listed On Document
Warranty Deed $1,111,200 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Balloon
Closed $1,000,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $1,111,111 -14.5% $463 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
11/26/2024 11/26/24 For Sale $1,300,000 -- $541 / 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 $14,860 $1,230,734 $1,050,000 $180,734
2024 $16,879 $505,543 -- --
2023 $16,879 $459,585 $0 $0
2022 $13,000 $417,805 $0 $0
2021 $11,757 $379,823 $0 $0
2020 $10,368 $661,467 $525,329 $136,138
2019 $9,945 $661,467 $525,329 $136,138
2018 $9,269 $661,467 $525,329 $136,138
2017 $8,854 $259,426 $0 $0
2016 $7,369 $235,842 $0 $0
2015 $6,526 $214,402 $0 $0
2014 $5,587 $194,911 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11699710

MIAMI REALTORS® MLS

APN: 01-3135-027-0560