NOT LISTED FOR SALE

1221 SW 27th Ave Unit 3 Miami, FL 33135

Coral Way Neighborhood

Estimated Value: $3,079,275

-- Bed
-- Bath
7,022 Sq Ft
$439/Sq Ft Est. Value

Last Sold December 17, 2013

Last sale price $12,000 $2 Per Sq Ft

Est. 25,561% increase in value since last sale

Current estimated payment $19,581/month

263 Days on Market

About This Home

As of December 2013

FORMER PHYSICAL THERAPY SPACE LOCATED ON THE THIRD FLOOR OF THIS THREE TENANT FREE STANDING BUILDING. WOOD FLOORS, THREE EXAM/PT ROOMS PLUS A LARGE OPEN WORK AREA, INTERIOR RESTROOM AND WAITING ROOM. BUILDING BUILT IN 2003.

Last Agent to Sell the Property

Billy Planes

RE/MAX 360 Real Estate License #3085463 Listed on: 03/19/2013

RE/MAX 360 Real Estate

Last Buyer's Agent

Billy Planes

RE/MAX 360 Real Estate License #3085463 Listed on: 03/19/2013

RE/MAX 360 Real Estate

Property Details

Property Type

  • Other

Year Built

  • Built in 2003

Lot Details

  • 7,022 Sq Ft Lot
  • Security Fence
  • Property is zoned 48/MULTI

Parking

  • 3 Parking Spaces

Home Design

  • Concrete Block And Stucco Construction

Location

  • City Lot

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • Tenant pays for electricity, janitorial service, sales tax
  • Assessor Parcel Number 01-41-10-055-0390

Property Details

Property Type

Other

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 2003
  • Property Sub Type: Lease
  • Business Type: Office Space
  • Directions: ON 27 AVE NORTH OF CORAL WAY
  • Horses: No
  • New Construction: No
  • Structure Type: Lease, Free Standing
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Flooring: Other
  • Possible Use: Unknown/Withheld

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: City Location
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 3

Utilities

  • Electric: 110 Volts Power
  • Electricity On Property: Yes
  • Security: Security Fence

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-10-055-0390
  • Current Use: Commercial Lease
  • Lot Size Sq Ft: 7022
  • Zoning: 48/MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Janitorial Service, Sales Tax

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 18410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2016
Sold by
Viera Eduardo and Viera Jocelyn Garcia De
Bought by
Viera Holdings Llc
Total Days on Market
263
Current Estimated Value
$3,079,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Outstanding Balance
$155,436
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,841,750

Purchase Details

Closed on
Feb 10, 2006
Sold by
1221 International Llc
Bought by
Garcia Viera Eduardo and Garcia De Viera Jocelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2004
Sold by
Ramiro Marrero Md Pa
Bought by
1221 International Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
7%
Mortgage Type
Commercial
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
Viera Holdings Llc -- Priority Title Inc
Garcia Viera Eduardo $1,725,000 Attorney
1221 International Llc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viera Holdings Llc $693,750
Previous Owner Garcia Viera Eduardo $1,360,000
Previous Owner 1221 International Llc $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2013 12/17/13 Sold $12,000 +823.1% $2 / Sq Ft
12/07/2013 12/07/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $1,300 -- $0 / 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
2024 $28,333 $1,454,522 -- --
2023 $28,333 $1,322,293 $0 $0
2022 $26,761 $1,202,085 $0 $0
2021 $24,617 $1,102,553 $0 $0
2020 $23,328 $1,280,086 $637,500 $642,586
2019 $24,188 $1,133,121 $510,000 $623,121
2018 $25,877 $1,267,784 $637,500 $630,284
2017 $25,658 $1,109,198 $0 $0
2016 $20,781 $912,275 $0 $0
2015 $18,440 $829,341 $0 $0
2014 $18,518 $816,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Billy Planes

    Seller's Agent in 2013

    Billy Planes

    RE/MAX

    (561) 618-6655

    28 Total Sales

    Billy Planes
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1762585

MIAMI REALTORS® MLS

APN: 01-4110-055-0390

Florida Miami/Dade County Miami 33135 Coral Way

1221 SW 27th Ave Unit 3, Miami, FL

This home is located at 1221 SW 27th Ave Unit 3, Miami, FL 33135 since 19 March 2013 and is currently estimated at $3,079,275, approximately $438 per square foot. This property was built in 2003. 1221 SW 27th Ave Unit 3 is a home located in Miami-Dade County with nearby schools including Shenandoah Elementary School, Shenandoah Middle School, and Miami 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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