Sold for $690,000

$690,000

2974 NW 29th St, Miami, FL 33142

6beds

4baths

1,900sqft

Duplex

Built in 1978

-- sqft lot

$780,800 Zestimate^®

$363/sqft

$2,947 Estimated rent

Home value

$780,800

$734,000 - $835,000

$2,947/mo

Zestimate^® history

Owner options

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$2,947/mo

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$2,947/mo

Rent Zestimate^®

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$4,805/mo

Est. payment

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$4,805/mo

Est. payment

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What's special

Miami design district

Exceptional Duplex opportunity located on 29th Avenue 5 minutes away from Miami International Airport 10 minutes to the beaches using Airport expressway 112, Wynwood, Midtown, Miami Design District and River Landing Shops. Owner occupied and operated for 20 years all tenant's month to month with potential for rental income increases. Perfect for end user or investors each unit has its own washer and dryer and separate meters. Large 6,900 lot size fully fenced with extra-parking space. Operating at a 5.82 cap rate rents below market value leased to family currently. Can collect $5,500 or more in rent Air B and B potential. Contact me for showings. Units are 3/2, 2/2, and 1/1.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Central

Cooling

Ceiling Fan(s)

Features

Flooring: Tile, Wood

Interior area

Total structure area: 2,561
Total interior livable area: 1,900 sqft

Property

Parking

Total spaces: 4

Features

Stories: 1
Exterior features: Built-in Barbecue
Fencing: Fenced

Lot

Features: Less Than 1/4 Acre Lot
Residential vegetation: Fruit Trees

Details

Parcel number: 3031280110911
Zoning: 5700

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

CBS Construction
Roof: Shingle

Condition

Year built: 1978

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Melrose Heights 3rd Addn

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $363/sqft
Tax assessed value: $575,419
Annual tax amount: $7,100
Date on market: 12/4/2023
Listing terms: All Cash,Conventional,FHA

Price history

Date	Event	Price
1/9/2024	Sold	$690,000+2.2%$363/sqft
Source: MIAMI #A11494848 Report a problem
12/11/2023	Pending sale	$675,000$355/sqft
Source: MIAMI #A11494848 Report a problem
12/4/2023	Listed for sale	$675,000+268.9%$355/sqft
Source: MIAMI #A11494848 Report a problem
6/22/2016	Sold	$183,000-39%$96/sqft
Source: Public Record Report a problem
8/24/2005	Sold	$300,000+93.5%$158/sqft
Source: Public Record Report a problem
6/20/2000	Sold	$155,000$82/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,472 +27.5%	$575,419 +58.2%
2024	$8,211 +15.2%	$363,648 +14.5%
2023	$7,128 +11.6%	$317,614 +10%
2022	$6,389 +9.6%	$288,740 +10%
2021	$5,829 +7.3%	$262,491 +10%
2020	$5,430 +10.8%	$238,629 +10%
2019	$4,900 +6.1%	$216,936 +10%
2018	$4,616	$197,215 +10%
2017	$4,616 +13.2%	$179,287 +69.8%
2016	$4,077 +39.7%	$105,590 +10%
2015	$2,918 +15.7%	$95,991 +10%
2014	$2,522 +6.5%	$87,265 -0.5%
2013	$2,369	$87,694 +10%
2012	$2,369 +3.7%	$79,722 +7.5%
2011	$2,285 -38.4%	$74,176 -46.1%
2010	$3,710 -42.5%	$137,620 -53.2%
2009	$6,447 -6.6%	$294,073 -9.2%
2007	$6,905 +34.5%	$323,722
2006	$5,134	--
2005	$5,134 +55.1%	--
2003	$3,311 +36.5%	--
2002	$2,425	--
2001	$2,425	--