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720 Lake Rd; Miami, FL Property Details

720 Lake Rd, Miami, FL is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 720 Lake Rd has 3 bedrooms, and 3 bathrooms, and a total of 2,501 square feet. The lot size of 720 Lake Rd is 12,740 square feet.

For Rent
720 Lake Rd Miami, FL 33137
$23,000 Listing Price
3 Beds
3 Baths
2,501 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1955
  • Purchase Price: $4,000,000
  • Open Loans / Balance: 1 / $1,769,734
  • Est. Equity / %: $5,198,266 / 74.6%
  • Gross Yield: 0.877%
  • APN: 01-3219-008-1620
  • Situs County: Miami-Dade
  • Length Of Ownership: 5 years, 2 months

Rooms

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

Structure

  • Building Style: Concrete Block
  • Stories: 1
  • Exterior Wall Type: Combination
  • Pool Type: Yes

Measurements

  • Total: 2,501/SqFt
  • Lot: 12,740/SqFt
  • Gross: 3,024/SqFt
  • Living: 2,501/SqFt
  • Building: 3,024/SqFt
  • Ground: 2,501/SqFt
  • Price Per Square Foot: $1599.36

Legal Description

  • Description: BAY POINT PB 40-63 LOT 6 BLK 11 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 98.000 X 130 OR 20710-2832 07 2002 1 21686-4908/21993-4106 09 20031
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Dade County School District
  • Lat / Lon: 25.821636 / -80.18074
  • Subdivision: Bay Point
  • Property Class: Residential
  • Zoning: 0100
  • County Use Code: 0101

Amenities

  • Pool: true
  • Plus Four: 3331

HOA

  • H O A One: $4,121
  • H O A Amount: $4,121
  • H O A One Frequency: Annual
  • H O A One Name: Bay Point Property Owners Association, Inc.
  • H O A One Type: Home Owner Association

Ownership Info

720 Lake Rd has no associated ownership info
720 Lake Rd has no associated ownership info.

Taxes

720 Lake Rd has 9 associated Taxes items

720 Lake Rd, 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 $4,617,812. The APN we've located for 720 Lake Rd is 01-3219-008-1620.

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Taxes
  • Assessed Value:  $4,617,812
  • Assessed Year:  2025
  • Assessed County:  Miami-Dade
  • APN:  01-3219-008-1620
  • Market Land Value:  5733000
  • Tax Amount:  98904.27
  • Tax Year:  2024
  • Market Value:  6374541
  • Market Year:  2025

Tax History

720 Lake Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $4,617,812 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $98,904.27 Change Rate +0.206177% Assessed CR Tax Rate
Year 2023 Assessed Value $3,816,374 Land Value Improvement Value Tax Amount $81,998.16 Change Rate +0.1404% Assessed CR Tax Rate +0.021486%
Year 2022 Assessed Value $3,469,431 Land Value $2,802,800 Improvement Value $666,631 Tax Amount $71,903 Change Rate +0.299399% Assessed CR Tax Rate +0.020725%
Year 2021 Assessed Value $2,586,559 Land Value $2,274,090 Improvement Value $312,469 Tax Amount $55,335.57 Change Rate +1.558909% Assessed CR Tax Rate +0.021394%
Year 2020 Assessed Value $1,039,123 Land Value Improvement Value Tax Amount $21,624.67 Change Rate +0.021274% Assessed CR Tax Rate +0.020811%
Year 2019 Assessed Value $1,015,761 Land Value Improvement Value Tax Amount $21,174.21 Change Rate +0.038976% Assessed CR Tax Rate +0.020846%
Year 2018 Assessed Value $996,822 Land Value Improvement Value Tax Amount $20,379.89 Change Rate +0.009996% Assessed CR Tax Rate +0.020445%
Year 2017 Assessed Value $976,320 Land Value Improvement Value Tax Amount $20,178.19 Change Rate +0.03241% Assessed CR Tax Rate +0.020668%
Year 2016 Assessed Value $919,700 Land Value Improvement Value Tax Amount $19,544.75 Change Rate -0.011194% Assessed CR Tax Rate +0.021251%
Year 2015 Assessed Value $913,307 Land Value Improvement Value Tax Amount $19,766.02 Change Rate -0.011381% Assessed CR Tax Rate +0.021642%
Year 2014 Assessed Value $906,059 Land Value Improvement Value Tax Amount $19,993.57 Change Rate Assessed CR Tax Rate +0.022067%