$6,200,000
SOLD JAN 15, 2020
0.3 Acre
$20,666,667 Price per Acre
13,068 Sq Ft Lot

Recently Sold

$1,994 Per Sq Ft

22% Below List Price

442 Days on Market

Highlights

  • Private Dock
  • Property Fronts a Bay or Harbor
  • Landscaped with Trees
  • North Beach Elementary School Rated A-
  • No HOA

About This Lot

As of August 2021

Prestigious downtown sunset views from this rarely available 13,382 SF pie-shaped lot with 104' of waterfront as per survey. Towering palms at entrance create and impressive entrance, and the lot has been cleared to make way for you to build your dream home. Located in the City of Miami you can get approved for over 8,500 sq foot of new construction home. Being equal distance between downtown Miami, Brickell, South Beach and Design District you can walk or bike at your leisure.

Last Agent to Sell the Property

Julian Johnston

The Corcoran Group License #3041178 Listed on: 05/24/2018

The Corcoran Group

Last Buyer's Agent

Greg Mirmelli

Sterling Equity Realty LLC License #3350322

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $33,902

Lot Details

  • 0.3 Acre Lot
  • 104 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Landscaped with Trees
  • Property is zoned 0100

Listing and Financial Details

  • Assessor Parcel Number 01-32-32-001-0380

Community Details

Overview

  • No Home Owners Association
  • San Marco Condos
  • San Marco Subdivision

Recreation

  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$33,902

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • Lot Size Acres: 0.3
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: SAN MARCO
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Sidewalk, Street Lights
  • Other Structures: Livable
  • Pool Private: No
  • View: No
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SAN MARCO

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-32-001-0380
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 13382
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 33902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 30, 2021
Sold by
1236 South Venetian Drive Llc
Bought by
1234 Venetian Llc
Seller's Agent
Greg Mirmelli
Sterling Equity Realty LLC
Buyer's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
List Price
$17,900,000
Sold Price
$13,000,000
Premium/Discount to List
-$4,900,000
-27.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.67%
Original Mortgage
$4,000,000
Outstanding Balance
$351,947
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$10,013,300

Purchase Details

Listed on
May 24, 2018
Closed on
Jan 15, 2020
Sold by
Taylor Las Olas Holdings Llc
Bought by
1236 South Venetian Drive Llc
Seller's Agent
Julian Johnston
The Corcoran Group
Buyer's Agent
Greg Mirmelli
Sterling Equity Realty LLC
List Price
$7,999,000
Sold Price
$6,200,000
Premium/Discount to List
-$1,799,000
-22.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.23%
Original Mortgage
$6,200,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 5, 2016
Closed on
Jul 11, 2017
Sold by
Raattama Henry H
Bought by
Taylor Las Olas Holdings Llc
Seller's Agent
Nancy Batchelor
Compass Florida, LLC.
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$7,999,000
Sold Price
$6,500,000
Premium/Discount to List
-$1,499,000
-18.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.86%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $13,000,000 Attorney
Warranty Deed $6,200,000 Chicago Title Insurance Co
Warranty Deed $6,500,000 Clear Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 New Conventional
Open $64,719,002 Construction
Previous Owner $6,200,000 Commercial
Previous Owner $3,250,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Price Changed $60,000,000 -7.7% $3,462 / Sq Ft
05/29/2025 05/29/25 Price Changed $65,000,000 +160.0% $3,751 / Sq Ft
05/20/2025 05/20/25 Price Changed $25,000,000 +100.0% $1,443 / Sq Ft
05/20/2025 05/20/25 Price Changed $12,500,000 -51.9% --
12/31/2024 12/31/24 Price Changed $25,999,000 +100.0% $1,500 / Sq Ft
12/31/2024 12/31/24 Price Changed $12,999,000 -3.7% --
11/08/2024 11/08/24 Price Changed $13,500,000 -0.7% --
11/07/2024 11/07/24 Price Changed $13,600,000 +4.6% --
05/21/2024 05/21/24 For Sale $13,000,000 -51.9% --
05/20/2024 05/20/24 For Sale $27,000,000 +107.7% $1,558 / Sq Ft
08/02/2021 08/02/21 Sold $13,000,000 -27.4% $4,181 / Sq Ft
06/06/2021 06/06/21 For Sale $17,900,000 +188.7% $5,757 / Sq Ft
01/15/2020 01/15/20 Sold $6,200,000 -8.1% $1,994 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
03/04/2019 03/04/19 Price Changed $6,750,000 -3.6% $2,171 / Sq Ft
07/23/2018 07/23/18 Price Changed $7,000,000 -6.6% $2,252 / Sq Ft
06/08/2018 06/08/18 Price Changed $7,495,000 -6.3% $2,411 / Sq Ft
04/17/2018 04/17/18 For Sale $7,999,000 +23.1% $2,573 / Sq Ft
07/11/2017 07/11/17 Sold $6,500,000 -2.3% $2,232 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/04/2017 04/04/17 Price Changed $6,650,000 -5.0% $2,284 / Sq Ft
02/14/2017 02/14/17 Price Changed $6,999,999 -3.4% $2,404 / Sq Ft
11/03/2016 11/03/16 Price Changed $7,247,000 -9.4% $2,489 / Sq Ft
08/05/2016 08/05/16 For Sale $7,999,000 -- $2,747 / 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 $176,422 $8,097,454 -- --
2023 $176,422 $7,361,322 $0 $0
2022 $137,959 $6,692,111 $6,691,000 $1,111
2021 $99,537 $4,684,823 $4,683,700 $1,123
2020 $87,913 $4,283,376 $4,282,240 $1,136
2019 $88,049 $4,952,488 $4,951,340 $1,148
2018 $77,428 $3,678,510 $3,345,500 $333,010
2017 $33,902 $1,624,135 $0 $0
2016 $34,190 $1,590,730 $0 $0
2015 $34,583 $1,579,673 $0 $0
2014 $34,986 $1,567,136 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10474780

MIAMI REALTORS® MLS

APN: 01-3232-001-0380