NOT LISTED FOR SALE

Estimated Value: $2,043,894

0.31 Acre
$6,509,217 Price per Acre
13,678 Sq Ft Lot

Last Sold February 14, 2024

Last sale price $1,851,000 $135 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $13,399/month

274 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 5-minute walk to Belle Meade Park

About This Lot

As of February 2024

An amazing opportunity to own a corner Vacant Lot ready for commercial and residential development. Zoning is T5-O you can build up to 5 stories. Possible to rezone it to T6-O or higher. Desirable location between North Bay Village and Miami Shores with busy traffic approximately 30,000 cars daily.

Last Agent to Sell the Property

Stanislav Tyufyagin

Beachfront Realty Inc License #3282976 Listed on: 05/15/2023

Beachfront Realty Inc

Last Buyer's Agent

Stanislav Tyufyagin

Beachfront Realty Inc License #3282976 Listed on: 05/15/2023

Beachfront Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,570

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 104x102
  • Corner Lot
  • Property is zoned 6101

Utilities

  • Underground Utilities

Community Details

  • No Home Owners Association
  • Shorecrest Condos
  • Shorecrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-07-016-2850

Property Details

Property Type

Land

Est. Annual Taxes

$22,570

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Commercial
  • Horses: No
  • Lot Size Acres: 0.314
  • Lot Size: 104x102
  • New Construction: No
  • Road Frontage Type: Public Road
  • Structure Type: Commercial
  • Subdivision Name: SHORECREST
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment, Urban Commercial

Exterior Features

  • Lot Features: Corner Location, Corner Lot, Urban Area Development, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SHORECREST

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-07-016-2850
  • Current Use: Unimproved Business/Commercial
  • Lot Size Sq Ft: 13685
  • Zoning: 6101
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 22570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Feb 14, 2024
Sold by
1001 Ne 79Th St Llc
Bought by
1001 Holdings Llc
Seller's Agent
Stanislav Tyufyagin
Beachfront Realty Inc
Buyer's Agent
Stanislav Tyufyagin
Beachfront Realty Inc
List Price
$2,400,000
Sold Price
$1,851,000
Premium/Discount to List
-$549,000
-22.88%
Views
33
Current Estimated Value
$2,043,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,894
Avg. Annual Appreciation
6.65%
Original Mortgage
$1,850,000
Outstanding Balance
$1,021,790
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$1,022,104

Purchase Details

Closed on
Aug 31, 2016
Sold by
Uruway Llc
Bought by
100 Ne 79Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2010
Sold by
Bayview Loan Servicing Llc
Bought by
Uruway Llc

Purchase Details

Closed on
Apr 18, 2008
Sold by
A S T 79Th St Inc
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Aug 8, 2005
Sold by
Katravas Sophie
Bought by
A S T 79 St Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 1993
Sold by
V G Inv Inc
Bought by
Katravas Sophie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.14%
Mortgage Type
Commercial
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
1001 Holdings Llc $1,851,000 Trans State Title
100 Ne 79Th St Llc $1,150,000 Attorney
Uruway Llc $430,000 Attorney
Bayview Loan Servicing Llc -- None Available
A S T 79 St Inc $210,000 --
Katravas Sophie $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1001 Holdings Llc $1,850,000
Previous Owner 100 Ne 79Th St Llc $550,000
Previous Owner A S T 79Th St Inc $585,000
Previous Owner Katravis Sophie $213,000
Previous Owner Katravas Sophie $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $1,851,000 -7.0% $135 / Sq Ft
09/11/2023 09/11/23 Price Changed $1,990,000 -5.2% $145 / Sq Ft
06/13/2023 06/13/23 Price Changed $2,100,000 -12.5% $153 / Sq Ft
05/15/2023 05/15/23 For Sale $2,400,000 -- $175 / 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 $28,183 $1,573,775 $1,573,775 --
2024 $29,523 $1,324,708 -- --
2023 $29,523 $1,204,280 $0 $0
2022 $22,570 $1,094,800 $1,094,800 $0
2021 $21,807 $1,026,375 $1,026,375 $0
2020 $21,860 $1,026,375 $1,026,375 $0
2019 $21,909 $1,026,375 $1,026,375 $0
2018 $21,498 $1,026,375 $1,026,375 $0
2017 $21,764 $1,027,375 $0 $0
2016 $16,712 $572,867 $0 $0
2015 $13,224 $520,789 $0 $0
2014 $10,737 $473,445 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11388052

MIAMI REALTORS® MLS

APN: 01-3207-016-2850