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$5,495,000

Beds
6
Baths
3.0
sq ft
3,793

5396 SW 80th St, Miami, FL 33143

5396 SW 80th St

Miami, FL 33143

  • 151 days on market
    • Price drop $455,000↓
An exceptional opportunity awaits for development or subdivision in the esteemed Ponce Davis neighbourhood! This property stands poised for action with approved plans for an expansive estate exceeding 11,000sqft, or alternatively, it holds potential for division into two separate lots. Presently, the site hosts a residence comprised of two structures set on the sprawling 1+ acre corner lot. Conveniently positioned within Ponce Davis, it falls within the Sunset Elementary school district and nearby the area’s most prestigious private schools. For further information, including plans and survey, please do not hesitate to inquire. Prospective buyers must independently verify subdivision eligibility with Miami-Dade County.

Details

Property type

Single Family Residence

Est. home value

$3,815,104

Lot size

1.04 acres

Price per sq ft

$1,449

Year built

1946

Annual property taxes

$22,908

Price History

09/09/2024
SEF

SEF #A11574125

Price change
$5,495,000
-7.65%
04/23/2024
SEF

SEF #A11574125

Listed
$5,950,000

Schools & Community

Elementary school: 

Sunset

Middle school: 

Ponce De Leon

High school: 

Coral Gables

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Spring Eq Llc

Loan start date

May 2021

Original loan amount

$302,900

Est. remaining balance

Not provided

Interest rate

3.17%

Loan type

Stand Alone Second, 30 year

Seller

Robert Furniss Roe and Tina Furniss Roe

Lender

Spring Eq Llc

Loan start date

May 2021

Original loan amount

$302,900

Est. remaining balance

Not provided

Interest rate

3.17%

Loan type

Stand Alone Second, 30 year

Seller

Robert Furniss Roe and Tina Furniss Roe

Lender

Iberiabank

Loan start date

November 2019

Original loan amount

$1,330,000

Est. remaining balance

Not provided

Interest rate

4%

Loan type

New Conventional, 30 year

Seller

Robert Furniss Roe and Tina Furniss Roe

Lender

Iberiabank

Loan start date

November 2019

Original loan amount

$1,330,000

Est. remaining balance

Not provided

Interest rate

4%

Loan type

New Conventional, 30 year

Seller

Robert Furniss Roe and Tina Furniss Roe

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/21/2024 at 1:45 AM

Listing updated: 09/09/2024 at 7:27 PM

Listed by: Scott Shuffield, BHHS EWM Realty Phone #: (305) 960-2400

MLS: SEF #A11574125

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