NOT LISTED FOR SALE

118 NW 45th St Miami, FL 33127

Miami Design District Neighborhood

Estimated Value: $2,443,000 - $2,782,000

0.17 Acre
$15,610,042 Price per Acre
7,200 Sq Ft Lot

Last Sold July 28, 2021

Last sale price $340,668 $47 Per Sq Ft

Est. 657% increase in value since last sale

Current estimated payment $16,225/month

71 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • Fenced

About This Lot

As of July 2021

BUILD YOUR HOME ON THIS VACANT RECTANGULAR SHAPE LOT THAT IS SITUATED WITHIN WALKING DISTANCE OF THE SOUGHT AFTER HISTORIC MIAMI DESIGN DISTRICT AREAS, PROVIDING A MIXED VARIETY OF RESTAURANTS, SHOPPING, BUSINESS, VERY CLOSE TO MIDTOWN AND WYNWOOD. CENTRALLY LOCATED IN A FAST GROWING PACE AREA. DONT MISS THIS OPPORTUNITY TO BUILD YOUR DREAM HOME, INVESTMENT OR POTENTIAL BUILDERS FLIP. PLEASE FOLLOW SHOWING ASSIST FOR VIEWING INSTRUCTIONS.

Last Agent to Sell the Property

Martin Verdi

Optimar International Realty License #0707860 Listed on: 05/05/2021

Optimar International Realty

Last Buyer's Agent

William Rios

Florida Capital Realty License #3149903

Florida Capital Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,045

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 50x144
  • Dirt Road
  • North Facing Home
  • Fenced
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned 0104

Additional Features

  • City Lot
  • Underground Utilities

Community Details

  • No Home Owners Association
  • Buena Vista Heights Addn Condos
  • Buena Vista Heights Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-24-020-0630

Property Details

Property Type

Land

Est. Annual Taxes

$4,045

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.1652
  • Lot Size: 50x144
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road
  • Structure Type: Residential
  • Subdivision Name: BUENA VISTA HEIGHTS ADDN
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: City Location, Dirt, Cleared, Fenced, Filled, Sidewalk, Street Lights
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BUENA VISTA HEIGHTS ADDN

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Sewer Connected, Sewer Available, Underground Utilities

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-24-020-0630
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 7200
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Lvr Investments Llc and South Florida Jssa Corp
Bought by
Watson Richard Thomas
Current Estimated Value
$2,578,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Outstanding Balance
$1,296,057
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$1,289,165

Purchase Details

Listed on
May 5, 2021
Closed on
Jul 27, 2021
Sold by
Monasterio Bittor L Sanchez and Giorgio Nicolas E
Bought by
Lvr Investments Llc
Seller's Agent
Martin Verdi
Optimar International Realty
Buyer's Agent
William Rios
Florida Capital Realty
List Price
$410,000
Sold Price
$340,668
Premium/Discount to List
-$69,332
-16.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.74%

Purchase Details

Listed on
Aug 17, 2017
Closed on
Oct 18, 2018
Sold by
Copeland Steven A
Bought by
Monasterio Bittor L Sanchez
Seller's Agent
Yaremis Carpio
Relux Realty Group
Buyer's Agent
Christopher Gonzalez-Jacobo
Pine River Realty, LLC.
List Price
$219,990
Sold Price
$200,000
Premium/Discount to List
-$19,990
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.20%

Purchase Details

Closed on
Aug 2, 2017
Sold by
Andy Cioeland and Copeland Anne
Bought by
Copeland Steven A

Purchase Details

Closed on
Jan 20, 2006
Sold by
Copeland Andy A and Copeland Annie
Bought by
Copeland Steven A
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
Watson Richard Thomas $2,625,000 Florida Secured Title
Lvr Investments Llc $340,700 Attorney
Monasterio Bittor L Sanchez $200,000 Sun City Title Inc
Copeland Steven A $98,500 Attorney
Copeland Steven A $48,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Richard Thomas $1,312,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $340,668 -16.9% $47 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $410,000 +105.0% $57 / Sq Ft
10/22/2018 10/22/18 Sold $200,000 -9.1% $28 / Sq Ft
08/02/2018 08/02/18 For Sale $219,990 0.0% $31 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
04/03/2018 04/03/18 Price Changed $219,990 -2.2% $31 / Sq Ft
03/24/2018 03/24/18 Price Changed $224,990 -4.2% $31 / Sq Ft
10/23/2017 10/23/17 Price Changed $234,900 -2.1% $33 / Sq Ft
08/16/2017 08/16/17 For Sale $239,900 -- $33 / 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 $27,389 $1,861,663 $532,800 $1,328,863
2024 $7,396 $1,314,161 -- --
2023 $7,396 $334,802 $0 $0
2022 $6,275 $304,366 $304,366 $0
2021 $4,390 $199,872 $0 $0
2020 $4,045 $206,198 $206,198 $0
2019 $3,526 $165,184 $165,184 $0
2018 $2,575 $122,915 $122,915 $0
2017 $949 $17,650 $0 $0
2016 $835 $16,046 $0 $0
2015 $440 $14,588 $0 $0
2014 $401 $13,262 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Martin Verdi

    Seller's Agent in 2021

    Martin Verdi

    Optimar International Realty

    (310) 467-4740

    1 in this area

    25 Total Sales

    Martin Verdi
    Section Image
  • William Rios

    Buyer's Agent in 2021

    William Rios

    Florida Capital Realty

    (786) 953-5870

    4 in this area

    24 Total Sales

    William Rios
    Section Image

  • Y

    Seller's Agent in 2018

    Yaremis Carpio

    Relux Realty Group

    (954) 914-9166

    12 Total Sales

    Yaremis Carpio
    Section Image

  • C

    Buyer's Agent in 2018

    Christopher Gonzalez-Jacobo

    Pine River Realty, LLC.

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11037698

MIAMI REALTORS® MLS

APN: 01-3124-020-0630

Florida Miami/Dade County Miami 33127 Miami Design District

118 NW 45th St, Miami, FL

This home is located at 118 NW 45th St, Miami, FL 33127 since 05 May 2021 and is currently estimated at $2,578,779, approximately $358 per square foot. 118 NW 45th St is a home located in Miami-Dade County with nearby schools including Shadow Lawn Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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