NOT LISTED FOR SALE

Estimated Value: $848,000

-- Bed
-- Bath
-- Sq Ft
2,363 Sq Ft Lot

Highlights

  • No HOA
  • Security Guard
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • 1-Story Property

About This Home

As of October 2013

OFFICE SHOWROOM WAREHOUSE CONDO, 22 FOOT CEILING, SPRINLERS, HIGH INTENSITY LIGHTS, 120/240 VOLT THREE PHASE FOUR WIRE, OVER NIGHT SECURITY, SHUTTERS, ONE BAY STREET LEVEL, DOORS (12X14) OFFICE SPACE AT WAREHOUSE PRICE, MANY RESTAURANTS IN THE AREA, CLO SE TO MALLS, QUICK AND EASY ACCESS TO HIGHWAYS PROTECTION AGAINST HURRICANES.

Last Agent to Rent the Property

Ernesto Bustamante

Bustamante Investment Group LLC License #0669974 Listed on: 08/20/2013

Last Renter's Agent

Ernesto Bustamante

Bustamante Investment Group LLC License #0669974 Listed on: 08/20/2013

Property Details

Property Type

  • Other

Year Built

  • Built in 2007

Lot Details

  • 2,363 Sq Ft Lot
  • Property is zoned 71/IND L

Interior Spaces

  • 1-Story Property
  • Ceramic Tile Flooring

Parking

  • 7 Parking Spaces
  • Common or Shared Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Three-Phase Power
  • 220 Volts

Listing and Financial Details

  • 1 To 3 Year Lease,Annual Lease,Renewal Option Lease Term
  • Assessor Parcel Number 35-30-32-040-0120

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Additional Features

  • Gross Lease
  • Security Guard

Property Details

Property Type

Other

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Lease Term: 1 To 3 Year Lease,Annual Lease,Renewal Option

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 2007
  • Property Sub Type: Lease
  • Business Type: Condominium, Office/Warehouse Combination
  • Directions: THE BEST LOCATION FOR OFFICE WAREHOUSE CONDO, FACING CAR MAX & TOYOTA DEALERS, 5 MINUTES TO FLORIDA TURNPIKE AND 826 & 836, 10 MINUTES TO THE AIRPORT, 15 MINUTS TO HWY 95, AND 18 MINUTS TO THE PORT OF MIAMI
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Lease
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sanitation
  • Water Source: Public
  • Cooling: Central Individual A/C, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: 110 Volts Power, 220 Volts, 3 Phase Electric, Underground
  • Electricity On Property: Yes
  • Heating: Central Individual A/C, Wall/Window Units
  • Heating Yn: Yes
  • Security: Security Guard

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 35-30-32-040-0120
  • Current Use: Industrial Lease
  • Land Lease: No
  • Lot Size Sq Ft: 2363
  • Zoning: 71/IND L
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Existing Lease Type: Gross
  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 4442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2016
Sold by
Ipa V Investors Llc
Bought by
The Business Center At International Cor
Current Estimated Value
$848,000

Purchase Details

Closed on
Oct 17, 2008
Sold by
Ipa V Investors Llc
Bought by
Orval Investments Inc

Purchase Details

Closed on
May 15, 2008
Sold by
Ipa V Investors Llc
Bought by
Hawker Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
May 14, 2008
Sold by
Ipa V Investors Llc
Bought by
Esi Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 2006
Sold by
International Place Associates Iv Ltd
Bought by
Ipa V Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000,000
Interest Rate
6.19%
Mortgage Type
Unknown
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
The Business Center At International Cor -- Attorney
Orval Investments Inc $1,583,400 Attorney
Hawker Investment Llc $850,000 Attorney
Esi Enterprises Llc $886,200 Attorney
Ipa V Investors Llc $15,047,100 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Esi Enterprises Llc $100,000
Previous Owner Ipa V Investors Llc $18,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2013 10/15/13 Rented $2,725 -7.6% --
10/09/2013 10/09/13 Under Contract -- -- --
08/12/2013 08/12/13 For Rent $2,950 -- --
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 $5,821 $294,343 $35,403 $258,940
2024 $5,882 $297,286 $35,403 $261,883
2023 $5,882 $299,031 $34,206 $264,825
2022 $6,627 $301,974 $34,206 $267,768
2021 $6,235 $304,916 $34,206 $270,710
2020 $6,159 $307,859 $34,206 $273,653
2019 $6,229 $310,801 $34,206 $276,595
2018 $6,084 $313,744 $34,206 $279,538
2017 $6,494 $316,686 $0 $0
2016 $5,349 $232,800 $0 $0
2015 $38,625 $1,719,323 $0 $0
2014 $33,995 $1,563,021 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1830810

MIAMI REALTORS® MLS

APN: 35-3032-037-0010