Reputable Sources Note that the Commercial Real Estate located at 1257 NW 3 St, Miami, FL 33125 Sold on February 06, 2023

This is a news story only, not a listing.

It has been officially reported that the property located at 1257 NW 3 St in Miami within zip code 33125 and with the folio number 01-1020-005-7440 sold on February 06, 2023. The sale type was recorded as "Qual by exam of deed." 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 February 06, 2023 and with an amount of $1,410,000.00 about two thirds down the page, under the heading "Sales Information."

When considering this 1257 NW 3 St property sale one should consider other properties within its zip code 33125, 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 33125 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33125 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 33125 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.

Update: This 1257 NW 3 St property in Miami within the zip code 33125 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 4,173 adjusted square feet of building that was built in 1972 showing an effective year built (also) of 1972. This 4,173 square footage (adjusted) of building put it in the 2,500 to 5,000 square feet range. Having a lot size of 7,500 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 6107 - RESIDENTIAL-MEDIUM RETAIL with a land use of 0803 - MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS. This Miami-Dade reference for zoning is believed to translate into T5 L zoning in Miami, Florida, information about which may be found here. Any such (T5 L 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. Further, other commercial properties are now offered for purchase near this one, including those with the addresses 1371 NW 3 St, 1520 NW 1st St, 1560 NW 15th St Rd, 1611 NW 19th St, 1750 NW 7th St, 1818 NW 17th Ave, 1879 NW 7th St, 1884 NW 15th St, 1901 NW 7th St, 1910 NW 17th Ave, 1991 NW 32nd Ave, 2433 NW 7th St, 48 NW 13th Ave, 705 NW 18th Pl, 721 NW 21st Ct, Corner NW Flagler TER & 22nd Ave, and others.