NOT LISTED FOR SALE

Estimated Value: $5,757,847 - $7,040,000

0.87 Acre
$7,368,637 Price per Acre
37,826 Sq Ft Lot

Sale Details

Date Sold: May 28, 2021

Last sale price $3,580,000 $1,002 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $41,018 / mo

224 Days on Market

Highlights

  • Private Dock
  • 0.87 Acre Lot
  • Landscaped with Trees
  • Property Fronts a Bay or Harbor
  • No HOA
  • Fenced

About This Lot

As of May 2021

MIAMI’S LARGEST DIRECT-BAY WATERFRONT LOT AT THE BEST PRICE! Boasting 38,000 sf and 400 ft of water frontage on Biscayne Bay. Nestled into a protected alcove with expansive water views toward Miami Beach, located minutes to downtown Miami, the Design District, Wynwood, and Miami Beach. There are existing piles, a boat slip, and the possibility of building a dock for a large yacht directly east of the property. World-renowned Mark Nasrallah Architectural Plans for a 16,000 ft.², 7 bed 9 bath marvel included. The plans leave a 10,000 ft.² waterfront lot at the rear of the property to build an additional villa or sell the lot alone. Also, the City Application exists to subdivide into 3 lots should it be desired.

Last Agent to Sell the Property

Ivan Chorney

Compass Florida, LLC License #3157854 Listed on: 08/03/2020

Compass Florida, LLC

Co-Listed By

Michael Martirena

Compass Florida, LLC License #3139315

Last Buyer's Agent

Ivan Chorney

Compass Florida, LLC License #3157854 Listed on: 08/03/2020

Compass Florida, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $44,196

Lot Details

  • 37,826 Sq Ft Lot
  • 400 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Fenced
  • Landscaped with Trees
  • Property is zoned 0100

Property Views

  • Bay Views

Listing and Financial Details

  • Assessor Parcel Number 01-32-07-007-0010

Community Details

Overview

  • No Home Owners Association
  • Ademar Park Amd Pl Condos
  • Ademar Park Amd Pl Subdivision

Recreation

  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$44,196

Lot Details

0.87 Acres

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Other,Private Dock
  • Lot Size Acres: 0.8684
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: ADEMAR PARK AMD PL
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Secondary

Exterior Features

  • View: Bay View
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot, Fenced
  • Other Structures: None
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ADEMAR PARK AMD PL

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-07-007-0010
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 37826
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 44196

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
May 22, 2021
Sold by
Bank Of America Na
Bought by
Neumann Lester A and Neumann Geneva E
Seller's Agent
Ivan Chorney
Compass Florida, LLC
Buyer's Agent
Ivan Chorney
Compass Florida, LLC
List Price
$3,390,000
Sold Price
$3,580,000
Premium/Discount to List
$190,000
5.6%
Current Estimated Value
$6,398,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,818,924
Avg. Annual Appreciation
12.45%

Purchase Details

Listed on
Sep 19, 2018
Closed on
May 13, 2019
Sold by
Global Rental E & P Llc
Bought by
One Palm Ave Llc
Seller's Agent
Ines Carreño
Homes Real Estate Group Inc.
Buyer's Agent
Ivan Chorney
Compass Florida, LLC
List Price
$2,945,000
Sold Price
$2,800,000
Premium/Discount to List
-$145,000
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.80%

Purchase Details

Closed on
Sep 23, 2013
Sold by
Barnes Joseph N
Bought by
Global Rental E & P Llc
Source: Public Records
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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
Neumann Lester A -- None Listed On Document
Neumann Lester A -- None Listed On Document
One Palm Ave Llc $2,800,000 Union Title Services Inc
Global Rental E & P Llc $1,350,200 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold $3,580,000 +5.6% $1,002 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $3,390,000 -5.3% $949 / Sq Ft
01/31/2021 01/31/21 Off Market $3,580,000 -- --
11/24/2020 11/24/20 Price Changed $3,390,000 -2.9% $949 / Sq Ft
08/03/2020 08/03/20 For Sale $3,490,000 +24.6% $976 / Sq Ft
05/13/2019 05/13/19 Sold $2,800,000 -4.9% $783 / Sq Ft View Prior Sale
09/19/2018 09/19/18 For Sale $2,945,000 -- $824 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $82,290 $3,054,838 -- --
2024 $73,034 $2,777,126 -- --
2023 $73,034 $2,524,660 $0 $0
2022 $60,894 $2,295,146 $0 $0
2021 $44,331 $2,086,497 $2,080,430 $6,067
2020 $68,670 $3,224,231 $3,218,100 $6,131
2019 $50,416 $3,713,141 $3,706,948 $6,193
2018 $46,604 $3,706,948 $3,706,948 $0
2017 $47,147 $1,384,524 $0 $0
2016 $44,428 $1,258,659 $0 $0
2015 $43,406 $1,144,236 $0 $0
2014 $37,601 $1,624,479 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10902976

MIAMI REALTORS® MLS

APN: 01-3207-007-0010

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