NOT LISTED FOR SALE

Estimated Value: $555,000

0.13 Acre
$4,302,326 Price per Acre
5,650 Sq Ft Lot

Last Sold October 17, 2014

Last sale price $700,000 $820 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $3,460/month

254 Days on Market

About This Lot

As of October 2014

This 5,650 SF lot is located in the up and coming Wynwood Arts District, being touted as the next meat packing district. It is walking distance to Restaurants, Galleries, Bars. The property is zoned T5L. Allowing you to build condos, multi family, reta il, commercial. Perfect for development or even Land bank

Last Agent to Sell the Property

Michael Toomey

Keller Williams Realty Miami Beach License #0622241 Listed on: 02/03/2014

Keller Williams Realty Miami Beach

Last Buyer's Agent

Jorge Guanche

Compass Florida, LLC License #3139563

Compass Florida, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 1924

Lot Details

  • 5,650 Sq Ft Lot
  • Lot Dimensions are 50x113
  • Property is zoned 39/MULTI

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Donmoore Villa Amd Pl Condos
  • Donmoore Villa Amd Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-029-0440

Property Details

Property Type

Land

Est. Annual Taxes

$1,296

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Year Built: 1924
  • Property Sub Type: Commercial
  • Horses: No
  • Lot Size Acres: 0.129
  • Lot Size: 50x113
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Structure Type: Commercial
  • Subdivision Name: DONMOORE VILLA AMD PL
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment, Urban Commercial

Exterior Features

  • Lot Features: City Location, Urban Area Development, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DONMOORE VILLA AMD PL

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Electricity Available, Natural Gas Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-25-029-0440
  • Additional Parcels: No
  • Current Use: Unimproved Business/Commercial
  • Lot Size Sq Ft: 5650
  • Zoning: 39/MULTI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1296

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2019
Sold by
Investments 120 Llc
Bought by
Wynwood 28 Owner Llc
Current Estimated Value
$555,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,536,000
Outstanding Balance
$1,348,007
Interest Rate
3.8%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Listed on
Feb 3, 2014
Closed on
Sep 30, 2014
Sold by
Psr Llc
Bought by
Investments 120 Llc
Seller's Agent
Michael Toomey
Keller Williams Realty Miami Beach
Buyer's Agent
Jorge Guanche
Compass Florida, LLC
List Price
$925,000
Sold Price
$700,000
Premium/Discount to List
-$225,000
-24.32%

Purchase Details

Listed on
Jan 6, 2013
Closed on
Jun 10, 2013
Sold by
Scolieri Rothberg Paul
Bought by
Psr Llc
Seller's Agent
Larry Dillard
MMLS Assoc.-Inactive Member
Buyer's Agent
Larry Dillard
MMLS Assoc.-Inactive Member
List Price
$149,900
Sold Price
$175,000
Premium/Discount to List
$25,100
16.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
181.38%

Purchase Details

Listed on
Jan 6, 2013
Closed on
May 1, 2013
Sold by
Cribbs Jacklin and Smiley Michael
Bought by
Scolieri Rothberg Paul
Seller's Agent
Larry Dillard
MMLS Assoc.-Inactive Member
Buyer's Agent
Larry Dillard
MMLS Assoc.-Inactive Member
List Price
$149,900
Sold Price
$175,000
Premium/Discount to List
$25,100
16.74%
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
Wynwood 28 Owner Llc $10,770,000 Attorney
Investments 120 Llc $700,000 None Available
Psr Llc -- None Available
Scolieri Rothberg Paul $175,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wynwood 28 Owner Llc $1,536,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2014 10/17/14 Sold $700,000 -24.3% $820 / Sq Ft
09/26/2014 09/26/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $925,000 +428.6% $1,083 / Sq Ft
06/14/2013 06/14/13 Sold $175,000 +16.7% $205 / Sq Ft View Prior Sale
01/17/2013 01/17/13 Pending -- -- --
01/06/2013 01/06/13 For Sale $149,900 -- $176 / 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
2020 $24,067 $1,130,000 $1,130,000 $0
2019 -- $1,130,000 $1,130,000 $0
2018 -- $1,045,250 $1,045,250 $0
2017 -- $683,650 $0 $0
2016 -- $621,500 $0 $0
2015 -- $565,000 $0 $0
2014 -- $146,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1901949

MIAMI REALTORS® MLS

APN: 01-3125-029-0440