$1,120,000
$100K PRICE DROP

5701 SW 50th Terrace Miami, FL 33155

Estimated payment $6,729/month

Total Views 7,883
4 Beds
3 Baths
2,174 Sq Ft
$515 Price per Sq Ft

Highlights

  • Cottage Room
  • Maid or Guest Quarters
  • Corner Lot
  • David Fairchild Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

Note: NEW plumbing/electrical installed in April! In sought-after Biltmore Heights, this1517 s/f 3bed/2ba tropically landscaped home is nestled on a 10,000 s/f corner lot just 3 blocks from the University of Miami. A separate 600 s/f 1bed/1ba cottage enjoys a new kitchen, updated bath and private deck. The main home has original accents and some updates, awaiting your beautiful vision. This rare legal multi-family enjoys a central, tree-canopied, close to true neighborhood that feels like Coral Gables/SoMi with less tax and hassles. The flex-use layout offers many possibilities and the large lot is ideal for creating a luxurious dream space. As your beautiful home and/or a strategic investment near “The U” with up to three rental units, just imagine the possibilities!

Listing Agent

Jonathan Minerick

HomeCoin.com License #3477996

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,734

Year Built

  • Built in 1950

Lot Details

  • 10,000 Sq Ft Lot
  • South Facing Home
  • Corner Lot
  • Property is zoned 0100

Home Design

  • Elevated Home
  • Studio
  • Shingle Roof

Interior Spaces

  • 2,174 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Clear Impact Glass
  • High Impact Door

Outdoor Features

  • Patio
  • Cottage Room
  • Shed

Schools

  • Fairchild; David Elementary School
  • South Miami Middle School
  • South Miami High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Biltmore Heights Red Rd A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-24-020-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,734

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: BILTMORE HEIGHTS RED RD A
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Washer
  • Interior Amenities: Cottage, Maid/In-Law Quarters, Studio Apartment
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 2174
  • Window Features: Clear Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Cottage, Maid/In-Law Quarters, Studio Apartment

Exterior Features

  • Roof: Shingle
  • View: Other
  • Construction Type: Concrete Block Construction, Elevated Construction
  • Direction Faces: South
  • Lot Features: Corner Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BILTMORE HEIGHTS RED RD A
  • Parking Features: Other

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Fairchild; David
  • High School: South Miami
  • Middle Or Junior School: South Miami

Lot Info

  • Parcel Number: 30-40-24-020-0010
  • Lot Size Sq Ft: 10000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5734

Map

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

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 $5,549 $310,429 -- --
2023 $5,549 $301,388 $0 $0
2022 $5,318 $292,610 $0 $0
2021 $5,265 $284,088 $0 $0
2020 $5,210 $280,166 $0 $0
2019 $5,036 $269,656 $0 $0
2018 $4,802 $264,629 $0 $0
2017 $4,766 $259,187 $0 $0
2016 $4,708 $253,857 $0 $0
2015 $4,758 $252,093 $0 $0
2014 -- $250,093 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2025 03/15/25 Price Changed $1,120,000 -8.2% $515 / Sq Ft
02/20/2025 02/20/25 For Sale $1,220,000 -- $561 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $250,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Fannie Mae Freddie Mac
Source: Public Records

Similar Homes in Miami, FL

  • 6415 SW 48th St, Miami, FL 33155

    $1,250,000

    • 3 Beds
    • 2 Baths
    • 2,636 Sq Ft
    • 6415 SW 48th St
    • Miami, FL

    Rare opportunity to renovate or build new on a 15,500sq/ft lot in one of Miami's most coveted neighborhoods. The existing home boasts 2,636sq/ft living area, four bedrooms, two bathrooms, a large corner lot, outdoor patio, back gate to allow access for large vehicles. The home is located in one of Miami's best walking neighborhoods and right across the street from Coral Lake, 2 miles from the

    Adam Alonso Keller Williams Capital Realty

    Section Image
  • 3930 SW 61st Ave, Miami, FL 33155

    $849,000

    • 3 Beds
    • 2 Baths
    • 1,447 Sq Ft
    • 3930 SW 61st Ave
    • Miami, FL

    Welcome to your dream home in this vibrant & sought-after neighborhood of Miami! One story 3-bedroom, 2-bathroom residence offers the perfect blend of comfort, style, & convenience. Nestled in a serene tropical feel, & centrally located, the home has inviting open layout. Step inside to discover a thoughtfully designed interior, complete with a fully updated kitchen featuring sleek countertops,

    Jessica Wolf Luxe Properties

    Section Image
  • 1520 SW 86th Ct, Miami, FL 33144

    $1,050,000

    • 5 Beds
    • 3 Baths
    • 2,960 Sq Ft
    • 1520 SW 86th Ct
    • Miami, FL

    Stunning 5-bedroom, 3-bathroom home with a bonus room, situated on a vast 10,500 sq ft lot, offering unparalleled space & comfort. With a recent addition completed in 2023, this home features a new in-law quarters or second master bedroom, adding versatility and modernity to the property. Step inside to discover a triple split bedroom layout, providing privacy for families & guests. The spacious

    Milton Andrade Compass Florida, LLC.

    Section Image
  • 9991 SW 32nd St, Miami, FL 33165

    $1,199,000

    • 5 Beds
    • 4 Baths
    • 1,966 Sq Ft
    • 9991 SW 32nd St
    • Miami, FL

    **Welcome to this Unique home on a Hill with a full basement near the sought-out Westchester neighborhood** Situated on an oversized lot allowing space for a pool and jacuzzi surrounded by a tropical style Tiki Hut with kitchen and over-sized BBQ. Plenty of parking space including Porte Cochere and a one car garage. The main floor and partial basement includes modern updated finishes, including a

    Maria Marrero-Perez World Realty Development

    Section Image
  • 3431 NW 14th Terrace, Miami, FL 33125

    $965,000

    • 3 Beds
    • 2.5 Baths
    • 1,808 Sq Ft
    • 3431 NW 14th Terrace
    • Miami, FL

    This beautiful brand-new 1-story home features 3 bedrooms and 2.5 bathrooms, a modern kitchen with stainless steel appliances, washer and dryer inside, 1-car garage plus driveway, fenced patio with porch, impact windows, tile flooring throughout, no HOA. Centrally located only 2 miles from Miami International Airport, and minutes away from the 836 Highway and Downtown, and few blocks away from

    Henny Barreto Unlimited Real Estate Corp.

    Section Image
  • 9717 SW 93rd Terrace, Miami, FL 33176

    $1,100,000

    • 3 Beds
    • 2 Baths
    • 1,960 Sq Ft
    • 9717 SW 93rd Terrace
    • Miami, FL

    Beautifully updated 3-bed, 2-bath pool home in the highly desirable Cherry Grove neighborhood, surrounded by multi-million-dollar residences. A BRAND-NEW tile roof has just been installed, along with new lighting throughout, and the home features tile flooring throughout for a seamless and elegant look. This light-filled home boasts a sleek newer kitchen with white quartz countertops with

    Alberto Vasquez Keller Williams Realty SW

    Section Image
  • 1715 SW 102nd Ct, Miami, FL 33165

    $866,000

    • 4 Beds
    • 4 Baths
    • 2,183 Sq Ft
    • 1715 SW 102nd Ct
    • Miami, FL

    Welcome to your dream home in a sought-after community! This spacious 4-bed, 4-bath residence with 2600SQFT under AC features an updated gourmet kitchen with modern fixtures, a century-style sink, and a stylish refrigerator with a tablet. Each bathroom has been thoughtfully upgraded with chic, contemporary finishes. Enjoy a private tropical oasis with a tiki hut, mango and coconut trees, and

    Daney Cabrera Keller Williams Realty Premier Properties

    Section Image
  • 2801 SW 107th Ave, Miami, FL 33165

    $769,000

    • 3 Beds
    • 2 Baths
    • 1,374 Sq Ft
    • 2801 SW 107th Ave
    • Miami, FL

    Here It Is ! The #1 dollar for dollar real estate property that you and everyone has been waiting for to come on the market. So look no more ! For this 3BR/2BA home has everything you and your family will ever need. First of all it is located in a great location with A+ rated schools and conveniently located near F.I.U.. Secondly this is a corner lot home with pool with enough space to park an

    Joel Milian Canvas Real Estate

    Section Image
  • 10290 SW 7th Terrace, Miami, FL 33174

    $1,250,000

    • 4 Beds
    • 3 Baths
    • 2,166 Sq Ft
    • 10290 SW 7th Terrace
    • Miami, FL

    Welcome to this stunning 2-story home, boasting 4 spacious bedrooms and 3 full bathrooms. The double garage and circular driveway provide ample parking and a grand entrance. Inside, you'll find a bright and airy open floor plan, perfect for entertaining. The four bedrooms offer peaceful retreats, while the three full bathrooms ensure everyone has a place to refresh. With plenty of natural light

    Denys Orellana Miami New Realty

    Section Image

Source: MIAMI REALTORS® MLS

MLS Number: A11748227

MIAMI REALTORS® MLS

APN: 30-4024-020-0010