NOT LISTED FOR SALE

144 SW 109th Ave Miami, FL 33174

Estimated Value: $1,772,000 - $4,047,223

0.7 Acre
$4,181,078 Price per Acre
30,313 Sq Ft Lot

Last Sold March 30, 2022

Last sale price $3,400,000 $2,894 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $17,147/month

864 Days on Market

Highlights

  • 0.7 Acre Lot
  • No HOA
  • Landscaped with Trees
  • Corner Lot
  • Partial Panel Shutters or Awnings

About This Lot

As of March 2022

Exceptional investment/development opportunity in highly sought-after Florida International University area. This immense & unique corner lot is currently zoned for multi-family 22-37 U/A with potential to rezone for expansion easily allowing for a significant increase in units/density. Conveniently located between SW 8th St & Flagler St; a few blocks from SW 107th Ave and the University’s main campus. This incredible location offers an ideal opportunity to capitalize on the impact of the University’s ongoing expansion, resulting in a constant need for more housing in the area. Includes a 2/1 house which can be used as an office during development phases. Easy access to turnpike, major roads, malls, Miami Intl airport, public transportation, restaurants, and shops.

Last Agent to Sell the Property

Dominique Chevallier

BHHS EWM Realty License #3409977 Listed on: 10/18/2019

BHHS EWM Realty

Last Buyer's Agent

Dominique Chevallier

BHHS EWM Realty License #3409977 Listed on: 10/18/2019

BHHS EWM Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,603

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 197x152
  • Dirt Road
  • Corner Lot
  • Landscaped with Trees
  • Property is zoned 3800/MULTI-FAMILY -

Interior Spaces

  • 1,175 Sq Ft Home
  • Partial Panel Shutters or Awnings

Additional Features

  • City Lot
  • Septic Tank

Community Details

  • No Home Owners Association
  • Crystal Colony Condos
  • Crystal Colony Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-40-06-071-0010

Property Details

Property Type

Land

Est. Annual Taxes

$3,603

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Other Ownership
  • Property Sub Type: Commercial
  • Directions: Head West on SW 8th Street, turn north (right) onto SW 109 Avenue or head north on SW 107 Avenue, turn west (left) on SW 2nd Street.
  • Horses: No
  • Lot Size Acres: 0.6959
  • Lot Size: 197x152
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Road Surface Type: Paved
  • Structure Type: Commercial
  • Subdivision Name: Crystal Colony
  • Special Features: VirtualTour

Interior Features

  • Living Area: 1175
  • Possible Use: Unknown/Withheld, Central Urban
  • Window Features: Partial Panel Shutters/Awnings

Exterior Features

  • Lot Features: City Location, Corner Lot, Near School, Dirt, Less Than 1 Acre, Home
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Crystal Colony

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Green Building Features: Medium Traffic, Sidewalk, Street Lights
  • Utilities: Electricity Connected, Water Connected, Electricity Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 25-40-06-071-0010
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 30311
  • Zoning: 3800/MULTI-FAMILY -
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Apr 26, 2022
Sold by
Foundation Enterprise Holdings V Llc
Bought by
Foundation Enterprise Holdings Vi Llc
Seller's Agent
Dominique Chevallier
BHHS EWM Realty
Buyer's Agent
Dominique Chevallier
BHHS EWM Realty
List Price
$5,200,000
Sold Price
$3,400,000
Premium/Discount to List
-$1,800,000
-34.62%
Current Estimated Value
$2,909,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$490,388
Avg. Annual Appreciation
-4.40%

Purchase Details

Listed on
Oct 18, 2019
Closed on
Mar 29, 2022
Sold by
Trust For Robert Bisignano and Bisignano John
Bought by
Foundation Enterprise Holdings V Llc
Seller's Agent
Dominique Chevallier
BHHS EWM Realty
Buyer's Agent
Dominique Chevallier
BHHS EWM Realty
List Price
$5,200,000
Sold Price
$3,400,000
Premium/Discount to List
-$1,800,000
-34.62%

Purchase Details

Closed on
Mar 23, 2018
Sold by
Bisignano Marilyn
Bought by
Bisignano Marilyn and Orza Sandra Linda

Purchase Details

Closed on
Oct 18, 2015
Sold by
Ortenzia Bisignano Est Of
Bought by
Bisignano Marily

Purchase Details

Closed on
Feb 19, 1997
Sold by
Crystal Colony Development Corp
Bought by
Bisignano Ortenzia

Purchase Details

Closed on
Sep 13, 1996
Sold by
Bisignano John
Bought by
Bisignano Ortenzia
Source: Public Records

Range of Values:

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Average Value
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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
Foundation Enterprise Holdings Vi Llc -- Holland & Knight Llp
Foundation Enterprise Holdings Vi Llc -- None Listed On Document
Foundation Enterprise Holdings V Llc $3,400,000 Zimmett Craig A
Bisignano Marilyn -- Attorney
Bisignano Marily -- --
Bisignano Ortenzia $100 --
Bisignano Ortenzia $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $3,400,000 -8.1% $2,894 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
03/27/2021 03/27/21 Price Changed $3,700,000 -11.9% $3,149 / Sq Ft
10/07/2020 10/07/20 Price Changed $4,200,000 -12.5% $3,574 / Sq Ft
03/17/2020 03/17/20 Price Changed $4,800,000 -7.7% $4,085 / Sq Ft
10/18/2019 10/18/19 For Sale $5,200,000 -- $4,426 / 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 $19,736 $1,060,920 $1,060,920 --
2024 $19,848 $1,060,920 $1,060,920 --
2023 $19,848 $1,060,920 $1,060,920 $0
2022 $6,058 $229,412 $0 $0
2021 $5,415 $208,661 $0 $0
2020 $5,202 $326,487 $0 $0
2019 $4,997 $326,499 $0 $0
2018 $0 $172,401 $0 $0
2017 $3,320 $142,885 $0 $0
2016 $3,103 $128,850 $0 $0
2015 $1,195 $117,220 $0 $0
2014 $1,195 $214,615 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10758878

MIAMI REALTORS® MLS

APN: 25-4006-071-0010