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Buildings/Miami/SONOMA LAKE CONDO

Value

SONOMA LAKE CONDO

8271 SW 157th Ave, Unincorporated County 33193

1982

Year Built

Units

—

For Sale

—

Avg Price

—

Sale $/SF

For Rent

—

Avg Rent

$1.85

Rent $/SF

-20.0%

YoY

For Sale

For Rent

Investor-Owned

42%

Avg HOA

—

Building Details

Address

8271 SW 157th Ave, Unincorporated County, 33193

Neighborhood

Miami

Year Built

1982

Total Units

Avg Unit Sqft

1,053 SF

Tier

Value

Rent $/SF

$1.85/SF

Neighborhood Rank

Top 45%

Avg Unit Value

$217K

Total Sales (All-Time)

Investment Analysis

Yield Metrics

Rental Yield (annualized)—

YoY Appreciation-20.0%

Total Yield12.3%

Liquidity & Demand

Closed Sales (120d)0

Investor-Owned42%

For Sale0

For Rent1

Top 45%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$228

-20.0%

Rental Price Trend ($/SF)

$3.76

+107.7%

Building Activity

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Active Listings

For Rent (1)

$3K

Unit 601

2 bd3 ba1,350 sf

$2/SF7 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Sep 15, 2021	$220K	$227.98	2/1	965
Jun 5, 2020	$150K	$284.98	1/1	526
Jun 13, 2019	$132K	$153.49	1/1	860
Oct 19, 2018	$143K	$271.86	1/1	526
Sep 19, 2018	$135K	$156.98	1/1	860
Jun 29, 2018	$133K	$154.07	1/1	860
Dec 8, 2015	$93K	$96.58	2/1	965
May 19, 2015	$80K	$93.02	1/1	860
Oct 8, 2014	$140K	$145.59	2/1	965
May 28, 2014	$87K	$89.64	2/1	965
Mar 14, 2014	$77K	$88.95	1/1	860
Jun 29, 2012	$126K	$93.26	2/2	1,350
Sep 1, 2009	$95K	$98.45	2/1	965
Dec 3, 2007	$91K	$94.4	2/1	965
Apr 1, 2006	$165K	$170.98	2/1	965
Apr 1, 2006	$195K	$202.07	2/1	965
May 1, 2005	$93K	$96.37	2/1	965
Apr 1, 2004	$105K	$122.09	1/1	860
Jan 1, 2003	$81K	$93.6	1/1	860
May 1, 2002	$72K	$83.72	1/1	860
Feb 1, 2002	$94K	$96.89	2/1	965
Jan 1, 2002	$94K	$69.63	2/2	1,350
May 1, 2000	$86K	$63.7	2/2	1,350
Aug 1, 1999	$68K	$70.47	2/1	965
Jun 1, 1999	$82K	$60.74	2/2	1,350

Units & Ownership

Total Units

Avg Sqft

1,053 SF

Avg Assessed

$146K

Owner-Occupied

58%

Tax & Ownership

Investor-Owned

42%

Owner-Occupied

58%

Avg Assessed Value

$146K

Avg Taxable Value

$117K

Effective Year Built

1982

Zoning

3800

Unit Mix

1 BR4

Avg 777 SF

2 BR8

Avg 1,191 SF

Unit Directory

Showing 10 of 12 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
601	2	2	1,350	$202K	—	$76K	$56	Aug 1983
602	2	2	1,350	$202K	—	$126K	$93	Jun 2012
603	2	2	1,230	$78K	✓	$68K	$55	Jun 1997
604	1	1	860	$145K	✓	$132K	$153	Jun 2019
605	1	1	860	$101K	✓	$133K	$154	Jun 2018
606	1	1	860	$181K	—	$135K	$157	Sep 2018
607	2	2	1,350	$82K	✓	$94K	$70	Jan 2002
608	2	2	1,350	$82K	✓	$82K	$61	Jan 1998
609	2	1	965	$176K	—	$93K	$97	Dec 2015
610	2	1	965	$167K	✓	$220K	$228	Sep 2021