NOT LISTED FOR SALE

11855 SW 60th Ave Miami, FL 33156

Estimated Value: $15,528,748

5 Acres
$3,105,750 Price per Acre
217,800 Sq Ft Lot

Last Sold January 24, 2024

Last sale price $13,900,000 $1,374 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $85,359/month

493 Days on Market

Highlights

  • Oak Trees
  • 5 Acre Lot
  • Fenced
  • Pinecrest Elementary School Rated A
  • No HOA

About This Lot

As of January 2024

Five Acres in the heart of Pinecrest, this Tropical Oasis offers endless opportunities to renovate or custom build on one-of-a-kind grounds.Original Landscapes by Raymond Jungles, this exquisite property boasts an extensive & rare collection of exotic trees & vibrant plants throughout.Serene trails, lush gardens & hidden retreats, all overlook the breathtaking & intricately man-made lagoon.The existing resort-style home, features over 11,000 adj.SF w/large open living spaces, 5 bdrms, 8 baths & 2 half baths.A separate two-story structure includes a state-of-the-art wine cellar & entertainment area, complete w/ a tennis court & stunning grotto inspired pool detailed w/cascading natural stone.
Plans included for an impressive 20,000 sq ft estate, designed by the distinguished Cesar Molina.

Last Agent to Sell the Property

Diana Gutierrez

Mocca Realty, LLC. License #3238758 Listed on: 06/20/2022

Co-Listed By

Jorge Mas

Mocca Realty, LLC. License #3404817

Last Buyer's Agent

Joshua Kaufman

Compass Florida, LLC. License #3291155

Compass Florida, LLC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $82,256

Lot Details

  • 5 Acre Lot
  • South Facing Home
  • Fenced
  • Oak Trees
  • Property is zoned 2300

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Avocado Land Co Condos
  • Avocado Land Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-50-12-008-0150

Property Details

Property Type

Land

Est. Annual Taxes

$82,256

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: MOCR01
  • Co List Office Phone: 305-964-8440
  • Horses: No
  • Lot Size Acres: 5
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: AVOCADO LAND CO
  • Special Features: None

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: City Location, Near School, 4 To Less Than 5 Acre Lot, 5 To Less Than 10 Acre Lot, Build To Suit, Fenced
  • Other Structures: Run Down
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: AVOCADO LAND CO

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 20-50-12-008-0150
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 217800
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 82256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jan 24, 2024
Sold by
11855 Trust
Bought by
Village Of Pinecrest
Seller's Agent
Diana Gutierrez
Mocca Realty, LLC.
Buyer's Agent
Joshua Kaufman
Compass Florida, LLC
List Price
$13,900,000
Sold Price
$13,900,000
Views
260
Current Estimated Value
$15,528,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,628,748
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Jun 8, 1999
Sold by
Karl Kenneth B and Karl Mindy B
Bought by
Litman Neal S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Village Of Pinecrest $13,900,000 None Listed On Document
Litman Neal S $3,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Litman Neal S $5,000,000
Previous Owner Litman Neal S $2,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $13,900,000 0.0% $1,374 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
06/20/2022 06/20/22 For Sale $13,900,000 -- $1,374 / 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 $8,963 $11,367,415 $9,801,000 $1,566,415
2024 $113,837 $6,004,449 -- --
2023 $113,837 $5,458,590 $0 $0
2022 $95,037 $4,962,355 $0 $0
2021 $83,935 $4,511,232 $0 $0
2020 $83,782 $4,567,094 $3,354,120 $1,212,974
2019 $87,289 $4,735,746 $3,506,580 $1,229,166
2018 $72,604 $4,068,447 $0 $0
2017 $71,466 $3,984,767 $0 $0
2016 $71,428 $3,902,809 $0 $0
2015 $72,338 $3,875,680 $0 $0
2014 $73,278 $3,844,921 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diana Gutierrez

    Seller's Agent in 2024

    Diana Gutierrez

    Mocca Realty, LLC.

    (305) 964-8440

    4 in this area

    53 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2024

    Jorge Mas

    Mocca Realty, LLC.

    (305) 790-8729

    2 in this area

    4 Total Sales

    Section Image

  • J

    Buyer's Agent in 2024

    Joshua Kaufman

    Compass Florida, LLC.

    (305) 851-2820

    3 in this area

    23 Total Sales

    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11224908

MIAMI REALTORS® MLS

APN: 20-5012-008-0150

Florida Miami/Dade County Miami 33156

11855 SW 60th Ave, Miami, FL

This home is located at 11855 SW 60th Ave, Miami, FL 33156 since 20 June 2022 and is currently estimated at $15,528,748, approximately $1,535 per square foot. 11855 SW 60th Ave is a home located in Miami-Dade County with nearby schools including Pinecrest Elementary School, Palmetto Middle School, and Miami Palmetto 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.

Nearby Homes