159 SW 28th Rd Miami, FL 33129

2 beds · 2 baths · 1,200 sq ft · Lot Size: 7,550 sq ft · Single Family Home · The Roads
Est. Property Value: $812,809

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

159 SW 28th Rd is in the The Roads neighborhood of Miami, FL. It is located in Miami-Dade County and ZIP code 33129. This Single Family Home was built in 1939 and is approximately 86 years old. The single family home spans 1200 sq ft with 2 bedrooms and 2 bathrooms and sits on a 7550 sq ft lot. According to public records, it was last sold in 2019 for $550,000 and has a tax-assessed value of $919,978, which is $677 per sq ft. The The Roads area of Miami has 455 residential homes with an average size of 1465 sq ft. Analyze and compare real estate investment strategies for properties like this home at 159 SW 28th Rd Miami, FL 33129 with Property Intel by Whitepages.

Owners & Occupancy for 159 SW 28th Rd

No contact information is available.

Occupancy

Resident 1*************
Resident 2**************** age 52
Resident 3******************** age 52

Property Financials for 159 SW 28th Rd

159 SW 28th Rd, Miami, FL has a mortgage from Guaranty Hm Mtg Corp (orig. December 13, 2019). The Miami-Dade county assessment for 2024 values it at $919,978, with annual taxes of $14,096.

Mortgage & Equity Information

Loan Amount$******
LenderGuaranty Hm Mtg Corp
Origination DateDecember 13, 2019
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateDecember 04, 2019
Property Tax Amount$14,096 in 2024
Purchase Price$550,000
Assessed Value$919,978 on 2024

Investment Potential for 159 SW 28th Rd

The property has a current estimated value of $812,809, which is 4% below the neighborhood median, based on public records. It last sold on December 04, 2019 for $550K. Projected long-term
is $25,800 annually ($2,150 per month) with a 76% occupancy rate.

Discover more Single Family Homes in The Roads.

Long-Term

Gross Rental
$25,800 per year($2,150 per month)
Net Operating Income
Cap Rate
Occupancy Rate
76%in 33129 zip code
 
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Property Details for 159 SW 28th Rd

Property Details

Property Sq Ft

Living Area

1,200 sq ft

18% below market

Lot Size

7,550 sq ft

12% above market

Price Per Sq Ft

Living Area

$677 / sq ft

17% above market

Lot Size Area

$108 / sq ft

13% below market

Property condition, age, exterior, etc. for 159 SW 28t…
Longitude: -80.208233 Latitude: 25.752662 Parcel Number (APN): 01-4138-009-1420…

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Discover more single family homes near 159 SW 28th Rd in Miami, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 159 SW 28th Rd in Miami-Dade County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$812,809
$263,469
$549,340 (209%)
$364,322
$1,481,845 (407%)
YoY Price Change
2.29%
-597%
Year Built
1939
1979
-40 years
Living Space
1,200 sq ft
1,178 sq ft
22 (2%)
$ Per Living Sq Ft
$677
$214
$463 (216%)
Lot Size
7,550 sq ft
7,318 sq ft
232 (3%)
$ Per Lot Sq Ft
$108
$38
$70 (185%)

Net Operating Income
$19,472
-$17,087 (-88%)
Annual Revenue
$25,800
$28,200
-$2,400 (-9%)
$7,847
$15,568 (198%)
Net Operating Income
$19,472
-$17,087 (-88%)
Cap Rate
7.19%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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