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Sold for $680,000
  • $680,000

    5450 NW 1st Ave, Miami, FL 33127

    2beds
    2baths
    1,200sqft
    Duplex
    Built in 1948
    -- sqft lot
    $649,500 Zestimate®
    $567/sqft
    $2,661 Estimated rent

    Home value

    $649,500

    $565,000 - $747,000

    $2,661/mo

    Zestimate® history
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    $4,654/mo

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    What's special

    Investor dream come true. Amazing home and lot in an opportunity zone area. This home and lot are currently zone as multi-family with 2 up to 9 units that could be built on this lot. The new owner could legally build up to three stories high and could have up to 9 units. You would also be able to add onto the existing property. Roof was completely redone in 2021 with full permits. One Units are currently rented at $1,800. The other units leased just ended and is vacant. This home is just a 6 minute drive to the art district of Wynwood, 12 Minute drive to the beautiful and upscale Brickell City Centre & Bayside Marketplace, only 17 minute drive to Miami's famous South Beach

    Zillow last checked:

    Listing updated:

    Listed by:

    Gabriel Rosa 518-466-7211,

    Rosa International Realty, LLC

    Bought with:

    Andrew Schuring, 3558378

    Douglas Elliman

    Source: MIAMI,MLS#: A11548750MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Window/Wall
    Cooling
    • Wall/Window Unit(s)
    Features
    • Flooring: Tile
    Interior area
    • Total structure area: 1,200
    • Total interior livable area: 1,200 sqft

    Property

    Features
    • Stories: 1
    • Fencing: Fenced
    Lot
    • Features: Less Than 1/4 Acre Lot
    Details
    • Parcel number: 0131130000800
    • Zoning: 3900

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • CBS Construction
    • Roof: Shingle
    Condition
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: Sunshine Manor
    HOA
    • Has HOA: No
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $567/sqft
    • Tax assessed value: $495,554
    • Annual tax amount: $7,815
    • Date on market: 3/12/2024
    • Listing terms: All Cash,Conventional,FHA 203K,FHA-Va Approved

    Price history

    DateEventPrice
    1/23/2025Sold$680,000-8.1%$567/sqft
    Source: MIAMI #A11548750 Report a problem
    1/2/2025Pending sale$739,900$617/sqft
    Source: MIAMI #A11548750 Report a problem
    8/16/2024Listing removed$739,900$617/sqft
    Source: MIAMI #A11548750 Report a problem
    8/16/2024Price change$739,900-1.3%$617/sqft
    Source: MIAMI #A11548750 Report a problem
    6/22/2024Price change$749,900-6.3%$625/sqft
    Source: MIAMI #A11548750 Report a problem
    4/2/2024Listed for sale$799,900+396.8%$667/sqft
    Source: MIAMI #A11548750 Report a problem
    11/15/2018Sold$161,000$134/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,701 +8.3%$348,492 +10%
    2024$8,034 +2.8%$316,811 +10%
    2023$7,815 +20.5%$288,010 +10%
    2022$6,486 -1.2%$261,828 +10%
    2021$6,561 +19.3%$238,026 +10%
    2020$5,501 +10.9%$216,388 +10%
    2019$4,959 +70.4%$196,717 +157.9%
    2018$2,911 $76,274 +10%
    2017$2,911 +2.1%$69,340 +10%
    2016$2,853 +30.7%$63,037 +10%
    2015$2,182 +12.2%$57,307 +10%
    2014$1,945 +0.1%$52,098 +10%
    2013$1,942 $47,362 -9.5%
    2012$1,942 -3.5%$52,331 -4.9%
    2011$2,012 -22%$55,040 -26.7%
    2010$2,579 -34.1%$75,136 -45.7%
    2009$3,914 -28.1%$138,482 -36%
    2007$5,445 +46.2%$216,435
    2006$3,725 --
    2005$3,725 +22.5%--
    2004$3,040 +41.3%--
    2003$2,151 +6.1%--
    2002$2,028 --
    2001$2,028 --
    Find assessor info on the county website

    Neighborhood: Little Haiti

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $649,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $649,500