NOT LISTED FOR SALE

Estimated Value: $4,914,938 - $6,693,000

0.75 Acre
$7,511,647 Price per Acre
32,670 Sq Ft Lot

Last Sold October 31, 2012

Last sale price $800,000 $107 Per Sq Ft

Est. 604% increase in value since last sale

Current estimated payment $33,764/month

152 Days on Market

Highlights

  • 0.75 Acre Lot
  • Corner Lot
  • No HOA
  • North Beach Elementary School Rated A-

About This Lot

As of October 2012

Build your dream home on this incredible lot on East Rivo Alto Drive with plans designed from Apogee & St. Regis architect, Charles Seiger (available & DBR approved). Live amongst fabulous waterfront mansions in this lush tropical island. Beautiful views to the south & east can be had from the 2nd floor. This 125' deep parcel is the only great buildable corner lot on the Venetians. Land also includes 3 specimen quality Canary Date palms.

Last Agent to Sell the Property

Eloy Carmenate

The Corcoran Group License #3008688 Listed on: 08/17/2012

The Corcoran Group

Last Buyer's Agent

Roger Pardo

Realty Group of Miami, LLC License #3120916

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,877

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 6000x125
  • West Facing Home
  • Corner Lot
  • Cleared Lot
  • Property is zoned 1 /S FM

Home Design

  • 7,500 Sq Ft Home

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Rivo Alto Amd Condos
  • Rivo Alto Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-001-0780

Property Details

Property Type

Land

Est. Annual Taxes

$8,877

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.75
  • Lot Size: 6000x125
  • New Construction: No
  • Road Frontage Type: Public Road
  • Structure Type: Residential
  • Subdivision Name: RIVO ALTO AMD
  • Special Features: None

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: West
  • Lot Features: Corner Location, Less Than 1/4 Acre Lot, Cleared
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVO ALTO AMD

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-33-001-0780
  • Additional Parcels: No
  • Current Use: Residential, Unused
  • Development Status: Other
  • Lot Size Sq Ft: 7500
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 8877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2016
Sold by
Mha Investments Llc
Bought by
Tasca Beth A
Current Estimated Value
$5,633,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Outstanding Balance
$1,299,695
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,064,457

Purchase Details

Closed on
Oct 29, 2014
Sold by
Sky Development Rivo Llc
Bought by
Mha Investments Llc

Purchase Details

Closed on
Aug 7, 2013
Sold by
Maysky Llc
Bought by
Sky Development Rivo Llc

Purchase Details

Listed on
Aug 17, 2012
Closed on
Oct 31, 2012
Sold by
Carmenate Enterprises Ltd
Bought by
Maysky Llc
Seller's Agent
Eloy Carmenate
The Corcoran Group
Buyer's Agent
Roger Pardo
Realty Group of Miami, LLC
List Price
$895,000
Sold Price
$800,000
Premium/Discount to List
-$95,000
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.92%

Purchase Details

Closed on
Dec 8, 2010
Sold by
Rivo Alto/Forte Llc
Bought by
Carmenate Enterprises Ltd

Purchase Details

Closed on
Jan 15, 2006
Sold by
Varela Luis E and Campbell Bryan J
Bought by
Rivo Alto/Forte Llc

Purchase Details

Closed on
Oct 19, 2005
Sold by
Wolkowsky David W
Bought by
Varela Luis E and Campbell Bryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$838,000
Interest Rate
5.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 15, 2004
Sold by
City First Mortgage Corp
Bought by
Wolkowsky David W

Purchase Details

Closed on
Jan 2, 2002
Sold by
City First Mortgage Corp
Bought by
Fiske Andrew and Fiske Joi

Purchase Details

Closed on
Dec 18, 2001
Sold by
Rivo Alto 100 I
Bought by
City First Mortgage Corp

Purchase Details

Closed on
Oct 30, 2001
Sold by
John K Rooney M and John Rebecca L
Bought by
Alto 100 Rivo
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tasca Beth A $3,300,000 Attorney
Mha Investments Llc $1,250,000 Attorney
Sky Development Rivo Llc -- Attorney
Maysky Llc $800,000 Attorney
Carmenate Enterprises Ltd $725,000 Clear Title Services Inc
Rivo Alto/Forte Llc $1,400,000 None Available
Varela Luis E $985,000 --
Wolkowsky David W -- --
Wolkowsky David W $730,000 --
Fiske Andrew -- --
City First Mortgage Corp $280,000 --
Alto 100 Rivo $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tasca Beth A $400,000
Open Tasca Beth A $1,650,000
Previous Owner Rivo Alto/Forte Llc $3,619,748
Previous Owner Varela Luis E $838,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $800,000 -10.6% $107 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $895,000 -- $119 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $44,979 $2,505,420 -- --
2024 $43,892 $2,434,811 -- --
2023 $43,892 $2,363,895 $0 $0
2022 $42,348 $2,295,044 $0 $0
2021 $42,232 $2,228,199 $0 $0
2020 $41,752 $2,197,435 $937,800 $1,259,635
2019 $42,765 $2,247,604 $975,000 $1,272,604
2018 $45,247 $2,447,255 $0 $0
2017 $44,867 $2,396,920 $0 $0
2016 $20,396 $1,050,000 $0 $0
2015 $20,803 $1,050,000 $0 $0
2014 $18,444 $907,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1678354

MIAMI REALTORS® MLS

APN: 02-3233-001-0780