NOT LISTED FOR SALE

Estimated Value: $6,519,000

2 Acres
$3,259,500 Price per Acre
87,120 Sq Ft Lot

Sale Details

Date Sold: October 7, 2021

Last sale price $1,800,000

Est. 262% increase in value since last sale

Current estimated payment $37,238 / mo

623 Days on Market

Highlights

  • 2 Acre Lot
  • No HOA
  • Fenced

About This Lot

As of October 2021

Development opportunity in Edgewater - Tax Favored Opportunity Zone.
33137 is Miami's hottest area, 3 blocks from Biscayne Bay.
Zoned T6-8O build up to 12 stories w bonus, Commercial, Residential, or Mixed use.
Density 150 units per acre, for up to 100 units or Hotels 200 Keys.
Price listed is for this Folio. It's sold together with 2 adjacent folios: 01-3125-009-0500, 01-3125-009-0490. 3 lots total 29,200 SF .
Potential assemblage with adjacent properties For Sale for up to 2+/- acres of prime vacant land.
This location is surrounded by luxury condos, Wynwood, Miami Design Center, Museum Park, Arscht Center, Port of Miami, Brightline, Int'l trade & Tech start ups, providing lucrative growth potential.
Bring us your offers & be a part of the dynamic growth in this area.

Last Agent to Sell the Property

Maria Caballero Gueits

Avanti Way Realty LLC License #0362649 Listed on: 12/03/2019

Avanti Way Realty LLC

Last Buyer's Agent

Juan Sotolongo

Compass Florida, LLC License #3302712

Compass Florida, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,456

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 50x146
  • Fenced
  • Property is zoned 6100

Location

  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Park Place Condos
  • Park Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-009-0490

Property Details

Property Type

Land

Est. Annual Taxes

$11,456

Lot Details

2 Acres

Listing Details

  • Property Type: Commercial Land
  • Directions: Biscayne Blvd or NE 2nd Ave to NE 24 St and West to the properties
  • Horses: No
  • Lot Size Acres: 2
  • Lot Size: 50x146
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: PARK PLACE
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Intensive Development, Open Land, Urban Commercial

Exterior Features

  • Fencing: Fenced
  • Lot Features: Central Business District, City Location, Shopping Center, Urban Area Development, 1-2.5 Acres, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PARK PLACE

Utilities

  • Sewer: Other, Storm Sewers
  • Water Source: Municipal Water
  • Green Building Features: Pedestrian Traffic, Sidewalk, Street Lights
  • Utilities: No Utilities, Cable Available, Electricity Available, Irrigation Water, Phone Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-25-009-0490
  • Current Use: Unimproved Business/Commercial, Unimproved Hotel/Motel, Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 7300
  • Zoning: 6100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Oct 5, 2021
Sold by
Carrera Family In Vestments Inc
Bought by
Edge Water 24 Apartments Lp
Seller's Agent
Maria Caballero Gueits
Avanti Way Realty LLC
Buyer's Agent
Juan Sotolongo
Compass Florida, LLC
List Price
$1,898,000
Sold Price
$1,800,000
Premium/Discount to List
-$98,000
-5.16%
Current Estimated Value
$6,519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,719,000

Purchase Details

Closed on
Jan 26, 2021
Sold by
Alfoncito Investments Llc
Bought by
Caiwera Family Investments Inc

Purchase Details

Closed on
Sep 21, 2004
Sold by
Contreras Roberto D
Bought by
Alfoncito Investments Inc

Purchase Details

Closed on
Jun 5, 2000
Sold by
Saca Hilda M Ballesteros
Bought by
Contreras Roberto D
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

Date Buyer Sale Price Title Company
Edge Water 24 Apartments Lp $7,200,000 Attorney
Caiwera Family Investments Inc -- Attorney
Alfoncito Investments Inc $150,000 --
Contreras Roberto D $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Contreras Roberto D $100,000
Previous Owner Contreras Roberto D $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $1,800,000 -9.3% --
08/16/2021 08/16/21 Pending -- -- --
03/30/2021 03/30/21 Price Changed $1,985,600 +13.3% --
01/22/2021 01/22/21 Price Changed $1,752,000 -11.8% --
11/19/2020 11/19/20 Price Changed $1,985,600 -2.9% --
10/02/2020 10/02/20 Price Changed $2,044,000 +26.2% --
09/29/2020 09/29/20 Price Changed $1,620,000 -14.6% --
09/21/2020 09/21/20 Price Changed $1,898,000 -25.7% --
08/05/2020 08/05/20 Price Changed $2,555,000 +48.9% --
07/01/2020 07/01/20 Price Changed $1,715,500 -6.0% --
05/05/2020 05/05/20 Price Changed $1,825,000 -3.8% --
12/02/2019 12/02/19 For Sale $1,898,000 -- --
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 $29,248 $1,460,000 $1,460,000 --
2024 $30,012 $1,460,000 $1,460,000 --
2023 $30,012 $1,460,000 $1,460,000 $0
2022 $30,098 $1,460,000 $1,460,000 $0
2021 $12,900 $438,876 $0 $0
2020 $12,419 $949,000 $949,000 $0
2019 $11,933 $949,000 $949,000 $0
2018 $9,110 $657,000 $657,000 $0
2017 $7,260 $268,368 $0 $0
2016 $7,253 $247,432 $0 $0
2015 $6,283 $224,939 $0 $0
2014 $4,888 $204,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10781374

MIAMI REALTORS® MLS

APN: 01-3125-009-0490

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