NOT LISTED FOR SALE

2944 SW 25th Terrace Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated Value: $720,000 - $745,000

3 Beds
2 Baths
1,812 Sq Ft
$404/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $715,000 $395 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,996/month

8 Days on Market

Highlights

  • Room in yard for a pool
  • Ranch Style House
  • Complete Panel Shutters or Awnings
  • Coral Gables Senior High School Rated A-
  • No HOA
  • Interior Lot

About This Home

As of November 2024

Investors dream in this hot area between Coral Gables and Coconut Grove. Perfect for Airbnb or flip. Surrounded by million-dollar properties. Spacious 2/1 home with an attached 1/1 in-law's quarters (with permit) in the heart of Miami. Property only has 1 meter. Perfect home for an investor, large family, or family who is looking to generate additional income. This home is close to downtown Miami, Coral Gables, the beach, shopping, great restaurants and excellent schools.
The main 2/1 is vacant. The 1/1 is currently rented for $1,000 (below market) month to month.
Not in a flood zone. Property is zoned duplex and suitable for development of two large town homes.
Call listing agent or use showing time to schedule your appointment. Easy to show.

Last Listed By

Rene Iglesias

One Sotheby's International Realty License #3229823 Listed on: 01/16/2024

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,903

Year Built

  • Built in 1955

Lot Details

  • 7,000 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Interior Lot
  • Property is zoned 5700

Home Design

  • Ranch Style House
  • Tile Roof
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,812 Sq Ft Home
  • Ceiling Fan
  • Decorative Fireplace
  • Awning
  • Family Room
  • Ceramic Tile Flooring
  • Complete Panel Shutters or Awnings

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Patio

Schools

  • Silver Bluff Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • The Pines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-16-011-2270

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,903

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Ranch
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: THE PINES
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Family Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1812
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Panel Shutters/Awnings, Hurricane Shutters, Awning
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Living Room Features: Family Room, Utility Room/Laundry

Exterior Features

  • Roof: Composition Roll, Curved/S-Tile Roof
  • View: None
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, Interior Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE PINES
  • Open Parking: Yes
  • Parking Features: Driveway, Slab/Strip

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Silver Bluff
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-16-011-2270
  • Lot Size Sq Ft: 7000
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10903

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Nov 27, 2024
Sold by
Jimenez Eduardo J
Bought by
Ivy Re 2944 Llc
Seller's Agent
Rene Iglesias
One Sotheby's International Realty
Buyer's Agent
Joe Azar
Douglas Elliman
List Price
$695,000
Sold Price
$715,000
Premium/Discount to List
$20,000
2.88%
Total Days on Market
8
Views
55
Current Estimated Value
$732,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,375
Avg. Annual Appreciation
-4.31%
Original Mortgage
$464,750
Outstanding Balance
$464,750
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$237,445

Range of Values:

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Average Value
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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
Ivy Re 2944 Llc $715,000 Tusan Title, Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivy Re 2944 Llc $464,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $715,000 +2.9% $395 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $695,000 -- $384 / 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
2024 $10,903 $540,670 -- --
2023 $10,903 $491,519 $0 $0
2022 $9,592 $446,836 $329,130 $117,706
2021 $1,294 $145,231 $0 $0
2020 $1,289 $143,226 $0 $0
2019 $1,268 $140,006 $0 $0
2018 $1,200 $137,396 $0 $0
2017 $1,211 $134,571 $0 $0
2016 $1,656 $131,804 $0 $0
2015 $1,254 $130,888 $0 $0
2014 $1,285 $129,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rene Iglesias

    Seller's Agent in 2024

    Rene Iglesias

    One Sotheby's International Realty

    (305) 803-7779

    3 in this area

    11 Total Sales

    Rene Iglesias
    Section Image
  • Joe Azar

    Buyer's Agent in 2024

    Joe Azar

    Douglas Elliman

    (786) 453-5226

    6 in this area

    51 Total Sales

    Joe Azar
    Section Image
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Map

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Source: MIAMI REALTORS® MLS

MLS Number: A11511844

MIAMI REALTORS® MLS

APN: 01-4116-011-2270

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

2944 SW 25th Terrace, Miami, FL

Homes for Sale in Miami, FL

This home is located at 2944 SW 25th Terrace, Miami, FL 33133 since 16 January 2024 and is currently estimated at $732,375, approximately $404 per square foot. This property was built in 1955. 2944 SW 25th Terrace is a home located in Miami-Dade County with nearby schools including Silver Bluff Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.