NOT LISTED FOR SALE

Estimated Value: $828,000

0.11 Acre
$7,527,273 Price per Acre
4,603 Sq Ft Lot

Last Sold April 08, 2013

Last sale price $155,000 $34 Per Sq Ft

Est. 434% increase in value since last sale

Current estimated payment $5,226/month

158 Days on Market

About This Lot

As of April 2013

Coral Gables vacant commercial lot! Build your own building. Great exposure for location and signage

Last Agent to Sell the Property

Stephan Burke

Fortune International Realty License #0631239 Listed on: 10/05/2012

Fortune International Realty

Last Buyer's Agent

Elisa Garcia

Fortune Christie's Intl R.E. License #0668529

Fortune Christie's Intl R.E.

Property Details

Property Type

  • Land

Lot Details

  • 4,603 Sq Ft Lot
  • Property is zoned 64/COMM

Location

  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mac Farlane Homestead Condos
  • Mac Farlane Homestead Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-41-20-006-0943

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Corporation
  • Property Sub Type: Commercial
  • Directions: OFF GRAND AVE BETWEEN US1 AND DOUGLAS ROAD NEXT TO COCONUT GROVE
  • Horses: No
  • Lot Size Acres: 0.11
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Main Thoroughfare, U.S. Highway
  • Road Surface Type: Paved
  • Structure Type: Commercial
  • Subdivision Name: MAC FARLANE HOMESTEAD
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld, Central Urban

Exterior Features

  • Lot Features: Central Business District, City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MAC FARLANE HOMESTEAD

Utilities

  • Sewer: Public Sanitation, Storm Sewers
  • Water Source: Municipal Water
  • Green Building Features: Sidewalk, Street Lights, Automobile Traffic, Heavy Traffic, Light Traffic
  • Utilities: Other Utilities Available, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 03-41-20-006-0943
  • Additional Parcels: No
  • Current Use: Unimproved Business/Commercial
  • Lot Size Sq Ft: 4603
  • Zoning: 64/COMM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 4750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2012
Closed on
Apr 1, 2013
Sold by
Coast To Coast Designs Inc
Bought by
Patanemo Development Llc
Seller's Agent
Stephan Burke
Fortune International Realty
Buyer's Agent
Elisa Garcia
Fortune Christie's Intl R.E.
List Price
$199,000
Sold Price
$155,000
Premium/Discount to List
-$44,000
-22.11%
Current Estimated Value
$828,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,000

Purchase Details

Closed on
Nov 29, 2010
Sold by
Grand Avenue Holdings Inc
Bought by
Coast To Coast Designs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.3%
Mortgage Type
Seller Take Back
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
Patanemo Development Llc $155,000 Attorney
Coast To Coast Designs Inc $95,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coast To Coast Designs Inc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2013 04/08/13 Sold $155,000 -22.1% $34 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
10/05/2012 10/05/12 For Sale $199,000 -- $43 / 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 $8,681 $434,140 -- --
2024 $8,790 $394,673 -- --
2023 $8,790 $358,794 $0 $0
2022 $7,913 $326,177 $0 $0
2021 $7,856 $296,525 $0 $0
2020 $7,594 $621,405 $621,405 $0
2019 $6,668 $529,345 $529,345 $0
2018 $5,715 $460,300 $460,300 $0
2017 $4,305 $202,532 $0 $0
2016 $3,516 $184,120 $0 $0
2015 $3,583 $184,120 $0 $0
2014 $4,576 $230,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1697804

MIAMI REALTORS® MLS

APN: 03-4120-006-0943