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$720,000

Beds
3
Baths
2.0
sq ft
1,493

627 SW 11th Ave, Miami, FL 33130

627 SW 11th Ave

Miami, FL 33130

  • 315 days on market
    • Price drop $30,000↓
Welcome to this charming home nestled in the heart of Little Havana, offering an exceptional blend of historic character and moder convenience. The property's zoning is T5-L- allowing redevelopment. Mixed-Use potential to exponentially increase the value, creating opportunity to design, innovate, and be a part of Miami's development. Right now is a house that was divided into a 2/2 and 1/1 and at the back of the property there is 2 detach structures that are being each of them as studios and makes $66,000 gross annual. Built or cash flow here.

Details

Property type

Single Family Residence

Est. home value

$473,998

Lot size

5,000 sq ft

Price per sq ft

$483

Year built

1916

Annual property taxes

$7,324

Price History

01/17/2025
SEF

SEF #A11569081

Price change
$720,000
-4%
04/13/2024
SEF

SEF #A11569081

Listed
$750,000
04/09/2024
SEF

SEF #A11566237

Removed
$750,000

Schools & Community

Neighborhood: 

Little Havana

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Biscayne Bank

Loan start date

September 2014

Original loan amount

$112,450

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Victor A Quezada

Lender

Biscayne Bank

Loan start date

September 2014

Original loan amount

$112,450

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Victor A Quezada

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: 02/22/2025 at 4:25 PM

Listing updated: 01/22/2025 at 2:35 PM

Listed by: Ambarina Pernia Montero, Real Estate Sales Force Phone #: (305) 392-1497

MLS: SEF #A11569081

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