NOT LISTED FOR SALE

1470 16th St Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $1,509,445

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold July 19, 2019

Last sale price $850,000

Est. 78% increase in value since last sale

Current estimated payment $9,352/month

498 Days on Market

Highlights

  • Dock Available
  • Property Fronts a Bay or Harbor
  • No HOA
  • Beach Access

About This Lot

As of July 2019

Among the bluster of high-rises is an intimate sanctuary at Capri South Beach. Currently operating as a spa & wellness center, this commercial/retail space is the perfect place to start your business or can be taken over as a wellness center. Designed for those who seek luxury and privacy, the serene space is located right on the 500 FT bay walk boasting breathtaking views of Biscayne Bay & the Downtown Miami Skyline. Minutes from Lincoln Road, the Art Deco District, Ocean Drive and the famous Miami beaches, there is no better location!

Last Agent to Sell the Property

Eloy Carmenate

The Corcoran Group License #3008688 Listed on: 02/26/2018

The Corcoran Group

Co-Listed By

Mick Duchon

The Corcoran Group License #3225793

Last Buyer's Agent

Aneta Kesy

Fortune Christie's Intl R.E. License #3254056

Fortune Christie's Intl R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,276

Lot Details

  • Property Fronts a Bay or Harbor
  • Property is zoned 4100

Property Views

  • Bay Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-084-0710

Community Details

Overview

  • No Home Owners Association
  • Capri South Beach Condo
  • Capri South Beach Condo Subdivision

Recreation

  • Beach Access
  • Dock Available

Property Details

Property Type

Land

Est. Annual Taxes

$9,276

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Commercial
  • Co List Office Mls Id: DEOM15
  • Co List Office Phone: 305-696-6075
  • Directions: Monthly HOA/Maint. Fee: $1,190/Month
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Road Frontage Type: Public Road
  • Structure Type: Commercial
  • Subdivision Name: CAPRI SOUTH BEACH CONDO
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld, Professional

Exterior Features

  • View: Bay View
  • Lot Features: Beach Area, Other Lot Description
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CAPRI SOUTH BEACH CONDO

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Sewer Connected, Water Connected, Cable Available, Electricity Available, Other, Phone Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-33-084-0710
  • Current Use: Unimproved Business/Commercial, Income (Other)
  • Zoning: 4100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 9276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Revive Clinic Capital Llc
Bought by
Cps Outdoor Llc
Current Estimated Value
$1,509,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,483,157
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$26,288

Purchase Details

Listed on
Feb 26, 2018
Closed on
Jul 19, 2019
Sold by
4Teen7ty Llc
Bought by
Revive Clinic Capital Llc
Seller's Agent
Eloy Carmenate
The Corcoran Group
Buyer's Agent
Aneta Kesy
Fortune Christie's Intl R.E.
List Price
$1,095,000
Sold Price
$850,000
Premium/Discount to List
-$245,000
-22.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$550,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2015
Sold by
Hkla Llc
Bought by
4Teen7ty Llc

Purchase Details

Closed on
Oct 8, 2014
Sold by
Capri Residential Properties Llc
Bought by
Hkla Llc

Purchase Details

Closed on
May 27, 2010
Sold by
Maecapri Llc
Bought by
Capri Residential Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,453,000
Interest Rate
5.03%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cps Outdoor Llc $1,500,000 None Listed On Document
Revive Clinic Capital Llc $850,000 Attorney
4Teen7ty Llc $693,000 Summerland Title Llc
Hkla Llc $444,000 Summerland Title Llc
Capri Residential Properties Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cps Outdoor Llc $1,500,000
Previous Owner Revive Clinic Capital Llc $550,000
Previous Owner 4Teen7ty Llc $250,000
Previous Owner Capri Residential Properties Llc $60,453,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $850,000 -22.4% --
02/26/2018 02/26/18 For Sale $1,095,000 -- --
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 $12,190 $1,197,600 -- --
2024 $12,258 $648,700 -- --
2023 $12,258 $648,700 $0 $0
2022 $12,189 $648,700 $0 $0
2021 $12,525 $648,700 $0 $0
2020 $12,559 $648,700 $0 $0
2019 $9,380 $484,030 $0 $0
2018 $9,102 $484,030 $0 $0
2017 $9,276 $487,110 $0 $0
2016 $9,462 $487,110 $0 $0
2015 $4,949 $249,800 $0 $0
2014 $3,599 $130,176 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eloy Carmenate

    Seller's Agent in 2019

    Eloy Carmenate

    The Corcoran Group

    (305) 395-4982

    1 in this area

    72 Total Sales

    Section Image
  • Mick Duchon

    Seller Co-Listing Agent in 2019

    Mick Duchon

    The Corcoran Group

    (305) 395-4982

    81 Total Sales

    Section Image

  • A

    Buyer's Agent in 2019

    Aneta Kesy

    Fortune Christie's Intl R.E.

    (305) 606-8181

    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10425064

MIAMI REALTORS® MLS

APN: 02-3233-084-0710

Florida Miami/Dade County Miami Beach 33139 Flamingo

1470 16th St, Miami Beach, FL

This home is located at 1470 16th St, Miami Beach, FL 33139 since 26 February 2018 and is currently estimated at $1,509,445. 1470 16th St is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach 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.

Nearby Homes