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505 Nw 118th St; Miami, FL Property Details

505 Nw 118th St, Miami, FL is a Single Family that was built in 1950. This property is currently a cash purchase and is not for sale. Our records show that 505 Nw 118th St has 3 bedrooms, and 1 bathroom, and a total of 1,286 square feet. The lot size of 505 Nw 118th St is 6,711 square feet.

Off market
505 NW 118th St Miami, FL 33168
$295,000 Listing Price
3 Beds
1 Baths
1,286 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1950
  • Purchase Price: $2,140
  • Est. Equity / %: $430,000 / 100%
  • Gross Yield: 9.776%
  • APN: 30-2136-029-0200
  • Situs County: Miami-Dade
  • Length Of Ownership: 6 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Concrete Block
  • Stories: 1
  • Exterior Wall Type: Concrete Block

Measurements

  • Total: 1,286/SqFt
  • Lot: 6,711/SqFt
  • Gross: 1,692/SqFt
  • Living: 1,286/SqFt
  • Building: 1,692/SqFt
  • Ground: 1,286/SqFt
  • Price Per Square Foot: $1.66

Legal Description

  • Description: 36 52 41PB 48-79 REV PL OF BAY VIEW TERR LOT 20BLK 1 LOT SIZE 67.110 X 100 OR 17283-1140 0696 1 COC 23476-2576 05 2005 4
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Dade County School District
  • Lat / Lon: 25.883379 / -80.20671
  • Subdivision: Bay View Terr
  • Property Class: Residential
  • Zoning: 0100
  • County Use Code: 0101

Amenities

  • Plus Four: 3424

Ownership Info

505 NW 118th St has no associated ownership info
505 NW 118th St has no associated ownership info.

Taxes

505 NW 118th St has 9 associated Taxes items

505 Nw 118th St, Miami, FL pays taxes in Miami-Dade County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $223,892. The APN we've located for 505 Nw 118th St is 30-2136-029-0200.

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Taxes
  • Assessed Value:  $223,892
  • Assessed Year:  2025
  • Assessed County:  Miami-Dade
  • APN:  30-2136-029-0200
  • Market Land Value:  281862
  • Tax Amount:  3840.83
  • Tax Year:  2025
  • Market Value:  399658
  • Market Year:  2025

Tax History

505 NW 118th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $223,892 Land Value Improvement Value Tax Amount $3,840.83 Change Rate +0.027372% Assessed CR Tax Rate +0.017155%
Year 2024 Assessed Value $217,583 Land Value Improvement Value Tax Amount $3,738.5 Change Rate +0.064705% Assessed CR Tax Rate +0.017182%
Year 2023 Assessed Value $211,246 Land Value Improvement Value Tax Amount $3,511.3 Change Rate +0.040173% Assessed CR Tax Rate +0.016622%
Year 2022 Assessed Value $205,094 Land Value Improvement Value Tax Amount $3,375.69 Change Rate +0.009706% Assessed CR Tax Rate +0.016459%
Year 2021 Assessed Value $199,121 Land Value $125,336 Improvement Value $73,785 Tax Amount $3,343.24 Change Rate -0.073358% Assessed CR Tax Rate +0.01679%
Year 2020 Assessed Value $193,775 Land Value $104,447 Improvement Value $89,328 Tax Amount $3,607.91 Change Rate +0.050264% Assessed CR Tax Rate +0.018619%
Year 2019 Assessed Value $198,573 Land Value $104,447 Improvement Value $94,126 Tax Amount $3,435.24 Change Rate +0.092415% Assessed CR Tax Rate +0.0173%
Year 2018 Assessed Value $191,200 Land Value $97,074 Improvement Value $94,126 Tax Amount $3,144.63 Change Rate +0.144309% Assessed CR Tax Rate +0.016447%
Year 2017 Assessed Value $116,457 Land Value Improvement Value Tax Amount $2,748.06 Change Rate +0.071051% Assessed CR Tax Rate +0.023597%
Year 2016 Assessed Value $105,870 Land Value Improvement Value Tax Amount $2,565.76 Change Rate +0.147616% Assessed CR Tax Rate +0.024235%
Year 2015 Assessed Value $96,246 Land Value Improvement Value Tax Amount $2,235.73 Change Rate +0.055277% Assessed CR Tax Rate +0.023229%
Year 2014 Assessed Value $87,610 Land Value Improvement Value Tax Amount $2,118.62 Change Rate Assessed CR Tax Rate +0.024182%