NOT LISTED FOR SALE

1020 NW 1st St Miami, FL 33128

Riverside Neighborhood

Estimated Value: $604,000 - $1,583,000

0.4 Acres
$2,203,802 Price per Acre
7,500 Sq Ft Lot

Sale Details

Date Sold: February 4, 2022

Last sale price $1,020,000 $647 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $5,734 / mo

294 Days on Market

About This Lot

As of February 2022

Little Havana Covered-Land Play/Development Site. Here we have featured three abutting parcels, along the immediate path of development and just over the bridge from overflowing downtown. currently, within two blocks, there are over 800 residential units as well as national retailers and a supermarket all in process of planning/development. Two of the three sites have houses on them which generate income. Little Havana is centric to all major employments centers of Miami, with great transit connectivity, neighborhood walkability, and an inviting and rich local culture that makes the neighborhood an incredibly attractive amenity. As Miami’s population swells, this neighborhood is its next ground zero for development.

Last Agent to Sell the Property

Carlos Fausto Miranda

Fausto Commercial Realty Consultants Inc License #3129999 Listed on: 04/18/2021

Co-Listed By

Alessandro Lima

Compass Florida, LLC License #3404498

Compass Florida, LLC

Last Buyer's Agent

Alessandro Lima

Compass Florida, LLC License #3404498

Compass Florida, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,140

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 100x200
  • Property is zoned 3900

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lawrence Estate Land Co Condos
  • Lawrence Estate Land Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-02-005-2420

Property Details

Property Type

Land

Est. Annual Taxes

$6,140

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Type: Commercial Land
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 305-431-2258
  • Horses: No
  • Lot Size Acres: 0.4
  • Lot Size: 100x200
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: LAWRENCE ESTATE LAND CO
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Central Urban

Exterior Features

  • Lot Features: City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE ESTATE LAND CO

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Cable Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-02-005-2420
  • Current Use: Unimproved Business/Commercial
  • Lot Size Sq Ft: 7500
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6140

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2023
Sold by
Bought by
Current Estimated Value
$881,521

Purchase Details

Listed on
Apr 18, 2021
Closed on
Feb 11, 2022
Sold by
Bought by
Seller's Agent
Carlos Fausto Miranda
Fausto Commercial Realty Consultants Inc
Buyer's Agent
Alessandro Lima
Compass Florida, LLC
List Price
$1,150,000
Sold Price
$1,020,000
Premium/Discount to List
-$130,000
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.29%

Purchase Details

Closed on
Jun 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
4.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 None Listed On Document
$420,000 Halpern Rodriguez Llp
$245,000 South Florida Title Group
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $220,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $1,020,000 -11.3% $647 / Sq Ft
04/16/2021 04/16/21 For Sale $1,150,000 -- $730 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,495 $610,338 -- --
2024 $9,476 $554,853 $487,500 $67,353
2023 $9,476 $442,485 $375,000 $67,485
2022 $6,952 $284,277 $0 $0
2021 $6,713 $258,434 $0 $0
2020 $6,140 $341,069 $337,500 $3,569
2019 $6,681 $341,082 $337,500 $3,582
2018 $6,229 $346,586 $337,500 $9,086
2017 $5,480 $224,871 $0 $0
2016 $4,842 $204,429 $0 $0
2015 $1,301 $82,849 $0 $0
2014 $1,309 $82,192 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlos Fausto Miranda

    Seller's Agent in 2022

    Carlos Fausto Miranda

    Fausto Commercial Realty Consultants Inc

    (305) 586-1941

    12 in this area

    60 Total Sales

    Carlos Fausto Miranda
    Section Image
  • Alessandro Lima

    Seller Co-Listing Agent in 2022

    Alessandro Lima

    Compass Florida, LLC

    (305) 281-4469

    6 in this area

    36 Total Sales

    Alessandro Lima
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11029356

MIAMI REALTORS® MLS

APN: 01-4102-005-2420

Florida Miami/Dade County Miami 33128 Riverside

1020 NW 1st St, Miami, FL

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