NOT LISTED FOR SALE
0.17 Acre
-- Price per Acre
7,441 Sq Ft Lot

Last Sold August 22, 2024

Last sale price $2,142,000 $298 Per Sq Ft

209 Days on Market

About This Lot

As of August 2024

Introducing a prime covered land opportunity in the high-demand Edgewater neighborhood for boutique multi-family development of up to 25 units and 8-stories, or creative end-user office or retail project. Located within an opportunity zone and on the same block as the upcoming SOHO Miami Pool House, as well as within a few blocks of the contemplated Edgewater/Wynwood Brightline Station. The property has an existing 4-unit multi-family building of 3,886 Sq. Ft. which is fully-occupied and would be positive cash-flow the future owner while covering all carry costs as the neighborhood continues to grow.

Last Agent to Sell the Property

Jamie Maniscalco

The Alpha Commercial Advisors LLC License #3391005 Listed on: 12/15/2023

The Alpha Commercial Advisors LLC

Co-Listed By

Alexandros Tsoulfas

STL Advisors, LLC License #3444839

Last Buyer's Agent

Jamie Maniscalco

The Alpha Commercial Advisors LLC License #3391005 Listed on: 12/15/2023

The Alpha Commercial Advisors LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,430

Lot Details

  • 7,441 Sq Ft Lot
  • Lot Dimensions are 50x146
  • Interior Lot
  • Property is zoned T6-8-O

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Pomelo Park Condos
  • Pomelo Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-007-0040

Property Details

Property Type

Land

Est. Annual Taxes

$21,430

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Co List Office Mls Id: STLA01
  • Co List Office Phone: 561-901-1402
  • Horses: No
  • Lot Size Acres: 0.17
  • Lot Size: 50x146
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: POMELO PARK
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Urban Commercial

Exterior Features

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

Garage/Parking

  • Park Building Name: POMELO PARK

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-25-007-0040
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 7441
  • Zoning: T6-8-O
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 21430

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

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2024 08/22/24 Sold $2,142,000 -3.5% $298 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $2,220,000 -3.3% $309 / Sq Ft
01/05/2024 01/05/24 For Sale $2,295,000 -- $319 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11509378

MIAMI REALTORS® MLS