NOT LISTED FOR SALE

12290 NE 6th Ave North Miami, FL 33161

Estimated Value: $2,087,000

0.75 Acre
$2,782,667 Price per Acre
32,670 Sq Ft Lot

Last Sold October 05, 2023

Last sale price $1,400,000

Est. 49% increase in value since last sale

Current estimated payment $12,188/month

41 Days on Market

About This Lot

As of October 2023

Amazing location of this vacant land. 3 FOLIOS. TOTAL 29,750 SF. at Downtown North Miami R-5 ZONING, AT 123rd. St. and NE 6 Ave, and close to the great neighborhood of Biscayne Park, MOMA Museum and North Miami City Hall. Can be developed into 5 story Multi Units or Hotel with up to 28 units. Included in the CRA boundaries - funds available. plans available and attached ( see attachments). Huge Price reduction !!! Owner Say Sell !!!
Surveys and Zoning Letter attached.

Last Agent to Sell the Property

Gil Terem

The Real Estate Lab, Inc. License #0690805 Listed on: 03/30/2023

Last Buyer's Agent

Constanza Cardona

Xcellence Realty License #3266407

Xcellence Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,144

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 300x100
  • Additional Parcels
  • Property is zoned 3700

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Biscayne Park Estates Condos
  • Biscayne Park Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-22-30-031-0020

Property Details

Property Type

Land

Est. Annual Taxes

$9,144

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.75
  • Lot Size: 300x100
  • New Construction: No
  • Road Frontage Type: County Road
  • Structure Type: Residential
  • Subdivision Name: BISCAYNE PARK ESTATES
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment, None

Exterior Features

  • Lot Features: City Location, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BISCAYNE PARK ESTATES

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Utilities: No Utilities, Other, Sewer Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 06-22-30-031-0020
  • Additional Parcels: Yes
  • Current Use: Unimproved Business/Commercial
  • Lot Size Sq Ft: 29750
  • Zoning: 3700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Oct 5, 2023
Sold by
Buona Vista A1 Llc
Bought by
Botanik Venture Llc
Seller's Agent
Gil Terem
The Real Estate Lab, Inc.
Buyer's Agent
Constanza Cardona
Xcellence Realty
List Price
$1,550,000
Sold Price
$1,400,000
Premium/Discount to List
-$150,000
-9.68%
Views
115
Current Estimated Value
$2,087,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,000

Purchase Details

Listed on
Jul 13, 2021
Closed on
Mar 15, 2022
Sold by
West Bank Investment Llc
Bought by
Buona Vista A1 Llc
Seller's Agent
Salomon Bendayan
Virtue Realty, LLC
Buyer's Agent
Gil Terem
The Real Estate Lab, Inc.
List Price
$1,600,000
Sold Price
$1,175,000
Premium/Discount to List
-$425,000
-26.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$750,000
Interest Rate
3.85%
Mortgage Type
Balloon

Purchase Details

Closed on
May 15, 2014
Sold by
Amsk Llc
Bought by
West Bank Investment Llc

Purchase Details

Closed on
Jul 6, 2011
Sold by
Saieh Investments Inc
Bought by
Amsk Llc

Purchase Details

Closed on
Oct 8, 1996
Sold by
Nissim and Meshulam Jane
Bought by
Miami Haitian Weslayn Church Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.87%
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
Botanik Venture Llc $1,400,000 None Listed On Document
Botanik Venture Llc $1,400,000 None Listed On Document
Buona Vista A1 Llc $1,175,000 Garden Title
Buona Vista A1 Llc $1,175,000 Garden Title
West Bank Investment Llc $340,000 Attorney
Amsk Llc -- Attorney
Miami Haitian Weslayn Church Inc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buona Vista A1 Llc $750,000
Previous Owner Miami Haitian Weslayn Church Inc $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $1,400,000 -9.7% --
05/10/2023 05/10/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $1,550,000 +31.9% --
03/15/2022 03/15/22 Sold $1,175,000 -19.0% --
11/19/2021 11/19/21 Pending -- -- --
08/25/2021 08/25/21 Price Changed $1,450,000 -9.4% --
07/09/2021 07/09/21 For Sale $1,600,000 -- --
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 $9,144 $1,189,000 $1,189,000 --
2024 $8,039 $412,680 $412,680 --
2023 $8,039 $361,095 $361,095 $0
2022 $3,714 $153,796 $0 $0
2021 $3,609 $139,815 $0 $0
2020 $3,187 $165,072 $165,072 $0
2019 $2,657 $115,550 $115,550 $0
2018 $2,606 $115,550 $115,550 $0
2017 $2,634 $115,550 $0 $0
2016 $2,678 $115,550 $0 $0
2015 $2,771 $115,550 $0 $0
2014 $813 $29,506 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11364681

MIAMI REALTORS® MLS

APN: 06-2230-031-0020