NOT LISTED FOR SALE

13391 W Okeechobee Rd Hialeah Gardens, FL 33018

Estimated Value: $7,218,762

3.67 Acres
$1,966,965 Price per Acre
159,865 Sq Ft Lot

Last Sold September 30, 2020

Last sale price $5,050,000 $32 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $53,357/month

75 Days on Market

Highlights

  • Lake Front
  • 3.67 Acre Lot
  • No HOA
  • Hialeah Gardens Elementary School Rated A-

About This Lot

As of September 2020

Introducing a uniquely-positioned shovel-ready Hialeah Gardens retail development site. Approved plans for the 3.67 acres of land call for 39,500 SF of building area featuring a 25 bay, L-shaped retail plaza, with 200 parking spaces fronting Okeechobee Rd, w/ average daily drivers over 40,000 vehicles.

The site sits on a 22-acre manmade lake & is adjacent to a major Home Depot, with a Wawa coming one folio over. Other neighboring lakefront properties include newly constructed retail centers, office & industrial parks, plus a Blue Bell Creameries office & warehouse compound directly to the East. The wide range of allowable from warehouse/self-storage to restaurant, to hotel, to retail make for ample opportunity. Site also features private side road for easy ingress/egress of property.

Last Agent to Sell the Property

Jamie Maniscalco

The Alpha Commercial Advisors LLC License #3391005 Listed on: 06/02/2020

The Alpha Commercial Advisors LLC

Last Buyer's Agent

Jamie Maniscalco

The Alpha Commercial Advisors LLC License #3391005 Listed on: 06/02/2020

The Alpha Commercial Advisors LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $66,946

Lot Details

  • 3.67 Acre Lot
  • Lot Dimensions are 470x340
  • Lake Front
  • Property is zoned 6600

Community Details

  • No Home Owners Association
  • Shoma Commercial Condos
  • Shoma Commercial Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-20-30-014-0140

Property Details

Property Type

Land

Est. Annual Taxes

$66,946

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Directions: Located within the Shoma Commercial Park right off of Okeechobee Rd and the Florida Turnpike, & a few miles from I-75 & 826 (Palmetto Hwy), the site is easily accessible from Hialeah Gardens’ growing suburban population of middle to upper class residents.
  • Horses: No
  • Inclusions: None
  • Lot Size Acres: 3.67
  • Lot Size: 470x340
  • New Construction: No
  • Road Frontage Type: County Road
  • Subdivision Name: SHOMA COMMERCIAL
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Central Urban, Urban Commercial

Exterior Features

  • Lot Features: Industrial Park, Urban Area Development, 2.5-5 Acres
  • Pool Private: No
  • View: No
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SHOMA COMMERCIAL

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Other Utilities Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 27-20-30-014-0140
  • Current Use: Other Usage, Unimproved Business/Commercial
  • Lot Size Sq Ft: 159865
  • Zoning: 6600
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 66946

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 30, 2020
Sold by
Tundidor & Partners 13391 Llc
Bought by
Vgi Holdings Llc
Seller's Agent
Jamie Maniscalco
The Alpha Commercial Advisors LLC
Buyer's Agent
Jamie Maniscalco
The Alpha Commercial Advisors LLC
List Price
$6,290,000
Sold Price
$5,050,000
Premium/Discount to List
-$1,240,000
-19.71%
Current Estimated Value
$7,218,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,168,762
Original Mortgage
$862,000
Outstanding Balance
$766,703
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 1, 2018
Sold by
Bobkat 13391 Llc
Bought by
Tundidor & Partners 13391 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 25, 2009
Sold by
Baron Enterprises Llc
Bought by
Bobkat 13391 Llc

Purchase Details

Closed on
Jan 10, 2006
Sold by
Empyrean Development Corp
Bought by
Baron 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
$2,515,500
Interest Rate
6.18%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 25, 2004
Sold by
Shoma Commercial Investments Llc
Bought by
Empyrean Development Corp
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
Vgi Holdings Llc $5,050,000 Attorney
Tundidor & Partners 13391 Llc $4,100,000 Attorney
Bobkat 13391 Llc $2,557,900 Attorney
Baron Enterprises Llc $3,120,000 None Available
Empyrean Development Corp $1,598,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vgi Holdings Llc $862,000
Previous Owner Tundidor & Partners 13391 Llc $2,100,000
Previous Owner Baron Enterprises Llc $2,515,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $5,050,000 -4.7% $32 / Sq Ft
07/27/2020 07/27/20 Price Changed $5,300,000 -15.7% $33 / Sq Ft
05/19/2020 05/19/20 For Sale $6,290,000 -- $39 / 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
2025 $181,010 $10,098,001 -- --
2024 $85,340 $9,180,001 $5,035,748 $4,144,253
2023 $85,340 $3,517,030 $0 $0
2022 $74,540 $3,517,030 $0 $0
2021 $66,627 $3,197,300 $3,197,300 $0
2020 $66,792 $3,197,300 $3,197,300 $0
2019 $66,946 $3,197,300 $3,197,300 $0
2018 $39,322 $1,918,380 $1,918,380 $0
2017 $39,794 $1,918,380 $0 $0
2016 $40,526 $1,918,380 $0 $0
2015 $41,227 $1,918,380 $0 $0
2014 $41,988 $1,918,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamie Maniscalco

    Seller's Agent in 2020

    Jamie Maniscalco

    The Alpha Commercial Advisors LLC

    (201) 280-3432

    31 Total Sales

    Jamie Maniscalco
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10868919

MIAMI REALTORS® MLS

APN: 27-2030-014-0140

Florida Miami/Dade County Hialeah Gardens 33018

13391 W Okeechobee Rd, Hialeah Gardens, FL

This home is located at 13391 W Okeechobee Rd, Hialeah Gardens, FL 33018 since 02 June 2020 and is currently priced at $7,218,762, approximately $45 per square foot. 13391 W Okeechobee Rd is a home located in Miami-Dade County with nearby schools including Hialeah Gardens Elementary School, Hialeah Gardens Middle School, and Barbara Goleman Senior High School.

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