NOT LISTED FOR SALE

1342 NW 7th St Miami, FL 33125

Little Havana Neighborhood

Estimated Value: $818,000 - $1,226,000

6,550 Acres
$155 Price per Acre
285,318,000 Sq Ft Lot

Last Sold May 18, 2021

Last sale price $550,000 $1,026 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,863/month

256 Days on Market

About This Lot

As of May 2021

DEVELOPER INVESTMENT COMMERCIAL - NEIGHBORHOOD PROPERTY IN A PRIME LOCATION T 6-8 R ZONING TO DEVELOP 8 STORIES ,FOR ANY USE DOCTOR OFFICE,RETAIL,RESTAURANT COMMERCIAL OFFICE , WAREHOUSE .NEXT TO NEW MARLINS STADIUM,CLOSE JACKSON HOSPITAL AND EASY ACCESS TO 836 TO MIAMI INT AIRPORT,BEACH AND ONE BLOCK WAY FOR THIS COMMERCIAL 12 AVE . THIS IS A ORIGINAL PROPERTY .WITH A SINGLE FAMILY HOUSE 3 BED/2 BATH ,KITCHEN,LIVING ROOM ,LARGE STORAGE ROOM IN THE BACK AND CENTER AC. ZONING T 6-8-0 APPROVED FOR CITY MIAMI ,READY TO BUILD UNTIL 8 STORAGE BUILDING AND MULTIFAMILY ( 5 + UNITS). Driving Directions: FROM 836 TAKE EXIT 12 AVE AND MAKE RIGHT AND 7 ST JUST ONE BLOCK BUILDING FOR MARLINS STADIUM.

Last Agent to Sell the Property

Edgardo sosa

Platinum Properties Int'l Inc. License #3187570 Listed on: 07/16/2020

Last Buyer's Agent

Edgardo sosa

Platinum Properties Int'l Inc. License #3187570 Listed on: 07/16/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,397

Lot Details

  • 6,550 Acre Lot
  • Lot Dimensions are 50x131
  • Property is zoned 6100

Interior Spaces

  • 536 Sq Ft Home

Community Details

  • No Home Owners Association
  • Lawrence Estate Land Co Condos
  • Lawrence Estate Land Co Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-02-005-5380

Property Details

Property Type

Land

Est. Annual Taxes

$9,397

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Directions: 1342 N W 7 ST ,0ne block from Marlins stadiums
  • Horses: No
  • Lot Size Acres: 6550
  • Lot Size: 50x131
  • New Construction: No
  • Road Frontage Type: Other Road, Public Road
  • Subdivision Name: LAWRENCE ESTATE LAND CO
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area: 536
  • Possible Use: Investment, Intensive Development, Professional, Urban Commercial

Exterior Features

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

Garage/Parking

  • Park Building Name: LAWRENCE ESTATE LAND CO

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: No Utilities, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-02-005-5380
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units), Unimproved Single Family (5+ Lots)
  • Zoning: 6100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9397

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
B Cardona Llc
Bought by
1390 Nw 7Th Street Llc
Current Estimated Value
$1,014,850

Purchase Details

Listed on
Jul 16, 2020
Closed on
May 7, 2021
Sold by
Pan William and Shen Elizabeth Le
Bought by
B Cardona Llc
Seller's Agent
Edgardo sosa
Platinum Properties Int'l Inc.
Buyer's Agent
Edgardo sosa
Platinum Properties Int'l Inc.
List Price
$499,900
Sold Price
$550,000
Premium/Discount to List
$50,100
10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%

Purchase Details

Listed on
Oct 8, 2014
Closed on
May 8, 2017
Sold by
E & G Development Company Inc
Bought by
Pan William and Shen Elizabeth Le Yan Pan
Seller's Agent
Fernando Padilla
Partnership Realty Inc.
Buyer's Agent
Edgardo sosa
Platinum Properties Int'l Inc.
List Price
$395,000
Sold Price
$450,000
Premium/Discount to List
$55,000
13.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Jul 15, 2004
Sold by
Garcia Xavier and Garcia Maria
Bought by
E & G Development Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 1996
Sold by
Schlegheck Cecilia
Bought by
Garcia Xavier and Garcia Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.8%
Mortgage Type
Balloon
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
1390 Nw 7Th Street Llc $5,300,000 --
B Cardona Llc $547,000 Attorney
Pan William $450,000 Attorney
E & G Development Co Inc $250,000 --
Garcia Xavier -- --
Garcia Xavier -- --
Garcia Xavier -- --
Garcia Xavier -- --
Garcia Xavier $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner E & G Development Co Inc $150,000
Previous Owner Garcia Xavier $35,000
Previous Owner Garcia Xavier $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $550,000 -1.8% $1,026 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
02/10/2021 02/10/21 Price Changed $559,900 +1.8% $1,045 / Sq Ft
11/09/2020 11/09/20 Price Changed $549,900 0.0% $1,026 / Sq Ft
10/12/2020 10/12/20 Rented $1,750 0.0% --
09/22/2020 09/22/20 Under Contract -- -- --
08/24/2020 08/24/20 For Rent $1,750 0.0% --
07/16/2020 07/16/20 For Sale $499,900 +11.1% $933 / Sq Ft
05/09/2017 05/09/17 Sold $450,000 -1.1% $234 / Sq Ft
10/03/2016 10/03/16 Price Changed $455,000 +7.1% $237 / Sq Ft
10/08/2015 10/08/15 Price Changed $425,000 +7.6% $221 / Sq Ft
10/08/2014 10/08/14 For Sale $395,000 -- $206 / 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 $17,475 $834,265 $786,000 $48,265
2024 $12,204 $834,378 $786,000 $48,378
2023 $12,204 $485,763 $0 $0
2022 $9,864 $441,603 $393,000 $48,603
2021 $9,769 $423,999 $393,000 $30,999
2020 $9,793 $424,112 $393,000 $31,112
2019 $9,397 $424,224 $393,000 $31,224
2018 $8,276 $358,837 $327,500 $31,337
2017 $7,094 $282,097 $0 $0
2016 $6,886 $256,452 $0 $0
2015 $6,621 $232,455 $0 $0
2014 $5,553 $211,323 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Edgardo sosa

    Platinum Properties Int'l Inc.

    (305) 491-6856

    1 in this area

    10 Total Sales

    Edgardo sosa
    Section Image

  • F

    Seller's Agent in 2017

    Fernando Padilla

    Partnership Realty Inc.

    17 Total Sales

    Fernando Padilla
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10893703

MIAMI REALTORS® MLS

APN: 01-4102-005-5380

Florida Miami/Dade County Miami 33125 Little Havana

1342 NW 7th St, Miami, FL

This home is located at 1342 NW 7th St, Miami, FL 33125 since 16 July 2020 and is currently estimated at $1,014,850, approximately $1,893 per square foot. 1342 NW 7th St is a home located in Miami-Dade County with nearby schools including Citrus Grove Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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