2350 Ne 174 St, North Miami Beach

2350 Ne 174 St is a 2,588 sq ft Single Family in North Miami Beach. It was built in 1956. 2350 Ne 174 St sits on 0.21 acres of land. In 2013 similar properties sold for between $126,113 and $703,289. We estimate the income value of 2350 Ne 174 St at $37,033. The assumptions we used to calculate this value are include in the spreadsheet linked below. North Miami Beach is in Miami Dade County, Florida.

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2350 Ne 174 St Property Summary

2350 Ne 174 St
North Miami Beach
FL 33160

Property Size:2,588 sq ft
Acreage:0.21
Year Built:1956
Property Class:C2
Lat, Long: 25.936, -80.153

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

Google Street View  of 2350 Ne 174 St, North Miami Beach, FL 33160
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Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

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Estimated Value: 2350 Ne 174 St

Market Data

In 2013 class A single family properties in North Miami Beach sold for $425.11 to 877.60 per sq ft with a median price per sq ft of $609.93. Class B properties sold for $271.76 to 425.10 per sq ft with a median of $342.02 and class C properties sold for $48.73 to 271.75 per sq ft with a median of $250.61.

Market Valuation

2350 Ne 174 St appears to be a C Class property. Suggested value: $648,579

HighMedianLow
Value703,289 648,579 126,113

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $37,033. Details of how we produced this estimate value appear below:

The income value of a property identifies its value as a rental property, Value = Rent - Expenses / Cap Rate. The following table shows four different rent estimates for 2350 Ne 174 St:

  • The Household Income estimate assumes the tenant has a total household income of $67,597 and spends 39% of this on rent. The household income estimate is derived from census data and tax records.
  • The Household Income - Renters estimate performs a similar calculation based on the household income of renters rather than all households.
  • The Market Rents estimate evaluates this property in comparison to rental properties in the area.
  • The Price/Ft estimate uses the size of the property to estimate its rent.

Click on a rent value to download a spreadsheet that estimates the NOI (net operating income), cash on cash return, income value and IRR (internal rate of return) for this property.

Valuation ModelMonthly Rent
Household Income - All Households $2,197
Household Income - Renters $1,174
Market Rents $1,153
Price/Ft $850

Expense Estimates:

  • Census data records show 10% of the rental properties in this area are vacant. We've added a 5% bad dept allowance to this.
  • Maintenance costs are estimated based on the size of the property.
  • The property tax estimate uses the average millage rate for the county. It does not include adjustments for city or unincorporated areas. Actual taxes may vary.
  • Insurance estimates are based on the size and location of the property. They are not adjusted for age, flood zone or other risk factors
  • We don't have a way to estimate HOA fees. These should be added manually

The following table shows a income valuation estimate for 2350 Ne 174 St. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Amount
Monthly Rent1,153
Annual Rent per Sq Ft5.00
Gross Annual Rent13,834
Vacancies and Bad Debt15%
Vacancies and Bad Debt Amount2,075
Maintenance1,346
HOA, Utilities and CAM0
Property Taxes3,163
Insurance2,534
Management Fees1,383
NOI3,333
Cap Rate9
Estimated Value37,033
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $47,871. The bottom 10% of the population earn less than $16,291 per year. The top 10% earn more than $149,464 per year. The top 1% earn more than $657,944 per year. Most renters earn between $25,896 (20th percentile) and $45,840 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $1,021. Most renters earn between $2,158 and $3,820 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $808 (20th percentile) to $1,395 (80th percentile) range. The residential vacancy rate is 10%.

Links

  1. 2350 Ne 174 St, North Miami Beach, FL on Zillow
  2. Recent Sales near 2350 Ne 174 St, North Miami Beach, FL on Realtor.com
  3. 2350 Ne 174 St, North Miami Beach, FL on Google Maps
  4. 2350 Ne 174 St Walkscore
  5. North Miami Beach, FL Property Values on Trulia
  6. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. Paula Marie Salmon Hha Inc. (2375 Ne 173rd St)
  2. David E. Diaz P.A. (2375 Ne 173rd St)
  3. Elle Interpreting LLC (2375 Ne 173rd St)
  4. Upon This Rock Faith Ministries, Inc. (2375 Ne 173 Street)
  5. Aventura House, LLC (2849 Ne 173rd St)
  6. Marilou Cleaning Services, Inc (2350 Ne 173 St #102)
  7. Aventura Brentwood, LLC (2350 Ne 173rd St)
  8. Ostos Productions, LLC (2365 Ne 173rd Street Suite 114c)
  9. Amc Talent LLC (6956 Leisure St)
  10. Seaspa Corp (2365 Ne 173 Street)
  11. The Oz Investments LLC (2365 Ne 173 Street)
  12. Adrian E Monguia & Associates Inc (2365 Ne 173 St)
  13. The Oz Remodeling, LLC (2365 Ne 173 Street)
  14. Unique Enterprises Of Miami, Inc. (17451 Ne 23 Avenue)
  15. Dtb Holdings, Inc. (2330 Ne 174 St)
  16. Carazas Transport Corp (2289 Ne 174th St)
  17. Academia Usa Corp (17850 Ne 23 Ave)
  18. Nf Florida Corp (17850 Ne 23 Av)
  19. Team Two Management, Inc. (2301 Ne 174th St)
  20. God'S Many Blessings Inc (2301 Ne 174th St)
  21. Deepcut Productions Inc. (2314 Ne 174 Street)
  22. Carolyn Shick Inc. (5549 Ft Caroline Rd)
  23. Palm Gardens Apts #2, L.L.C. (17291 Ne 23rd Ave)
  24. Bright Cleaning LLC (2375 Ne 173rd St)

Sales History

DateSold BySold ToDeed TypePrice
08/01/2013 Not Recorded Not Recorded Unknown 100.00
04/01/2014 Not Recorded Buyer: 9881865 Unknown 279,000.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.