The Commercial Real Estate Property at the Address 1620 NW 58 Ter, Miami, FL 33142 has New Ownership as of May 22, 2018

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This is a news story only, not a listing.

It has been officially reported that the property located at 1620 NW 58 Ter in Miami within zip code 33142 and with the folio number 01-1140-035-2810 sold on May 22, 2018. The sale type was recorded as "Non-market financing or assumption of lease." Sales prices that have been recorded with the property appraiser frequently do not represent the whole story; thus full transaction details should be confirmed with the parties. Specific information about the buyer and seller in this transaction may be found by navigating to our property appraiser links for this property, clicking through on the link to "Main Page with Lot Outline, Aerial Views," then clicking through on the applicable sale on the date May 22, 2018 and with an amount of $160,000.00 about two thirds down the page, under the heading "Sales Information."

When considering this 1620 NW 58 Ter property sale one should consider other properties within its zip code 33142, some of which are currently for sale in this same zip code, as well as off-market listings in the area. Information on prior sales of area properties as well as current listings can be useful to gauge area pricing, but are not perfectly reliable. Current zip code 33142 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33142 Commercial Property Investment Profile page, displaying metrics on sales trends, turnover, and more. Demographics for Miami, the South Florida city in which the property is located, may also be worth reviewing.

Commercial properties that are currently listed in zip code 33142 can also give a representation of current market value, although it should be noted that actual selling prices are a better indicator as an asking price for any property is only that, an asking price. It can also prove insightful to view other commercial property holdings of and other information related to the property's recent ownership . Finally, a review of nearby businesses and resources and area traffic levels can be insightful, allowing the prospective buyer to quickly get a feel for area commerce and resources.

A birdseye view of the property is displayed above and a street map of the location is below. Additional information on this property, including other sales transactions amounts and links directly to pages for this property at the Miami-Dade County Property Appraiser website, can be found at this site's information page for this property. Note that the above birdseye aerial view and map herein were generated using the address recorded with the county property appraiser for the folio entered for this listing and that they are provided on a best efforts basis only and are not guaranteed.

Other places to find news stories related to Miami area commercial real estate include BisNow, The Real Deal, Globe Street, and Google News.

Update: This 1620 NW 58 Ter property in Miami within the zip code 33142 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 1,240 adjusted square feet of building that was built in 2018 showing an effective year built (also) of 2018. This 1,240 square footage (adjusted) of building put it in the 0 to 2,500 square feet range. Having a lot size of 5,300 square feet, one would perhaps put it in the 5,000 to 10,000 square feet range as far as lot size. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 5700 - DUPLEXES - GENERAL with a land use of 0101 - RESIDENTIAL - SINGLE FAMILY : 1 UNIT. This Miami-Dade reference for zoning is believed to translate into T3 O zoning in Miami, Florida, information about which may be found here. Any such (T3 O zoned properties) in may be found here. Note that since this was reported subsequent to the sale, it is possible these were different at the time of the sale. Also, commercial properties have been listed for sale near this one, including 1330 NW 54th St, 1341 NW 20th St, 1365 NW 23rd St, 1495 NW 20th St, 1515 NW 22nd St, 1628 NW 28th St, 1771 NW 21st St, 1917 NW 21st St, 1919 NW 21st St, 1941 NW 21st St, 2020 NW 36th St, 2030 NW 36th St, 2045 NW 36th St, 2047 NW 24th Ave, 2050 NW 36th St, 2090 NW 36th St, 2120 NW 23rd Ave, 2140 NW 23rd Ave, 2154 NW 61st St, 2205 NW 20th St, 2319 NW 18th Ave, 2332 NW 21st Ter, 2338 NW 21st Ter, 2340 NW 28th St, 2451 NW 54th St, 2484 NW 21st Ter, 2609 NW 29th St, 2733 NW 56th St, 2741 NW 49th St, 2900 NW 39th St, 3071 NW 54th St, 3150 NW 46th St, 3171 NW 54th St, 3350 SW 37th Ave, 3440 NW North River Dr, 3500 NW 50th St, 3690 NW 54 ST, 3717 NW 22nd Ave, 3780 NW 52nd St, 4055 NW 17th Ave, 4121 NW 25th St, 4699 NW 27th Ave, 4840 NW 27th Ave, 4875 NW 22 Avenue, 4901 NW 17th Ave, 4902 NW 22nd Ave, 5712 NW 22nd Ave, 5832 NW 27th Ave, 6020 NW 13th Ave, and others.

NOTE: This is a commercial real estate sales new story only - NOT a listing - about the May 22, 2018 sale of the commercial real estate property with Miami-Dade folio number 01-1140-035-2810 (0131140352810 without the dashes) and an address of 1620 NW 58 Ter in Miami, Florida 33142.