NOT LISTED FOR SALE

Estimated Value: $655,000 - $666,947

1.1 Acres
$599,079 Price per Acre
47,916 Sq Ft Lot

Last Sold March 29, 2018

Last sale price $250,000

Est. 164% increase in value since last sale

Current estimated payment $4,345/month

367 Days on Market

Highlights

  • 1.1 Acre Lot
  • No HOA
  • Fenced

About This Lot

As of March 2018

Location, Location, Location!! 6 lots in the City of Homestead totaling 1.1 acres. Located on busy Kings Highway (aka- 15 street or 304 Street). The use is BU-1A Commercial Offices or possible strip shopping center. The property is cleared, fenced and ready to build!!

Last Agent to Sell the Property

Joseph Whitney

The Keyes Company License #0538991 Listed on: 12/20/2016

The Keyes Company

Last Buyer's Agent

David Perez

Florida Realty of Miami Corp License #3362760

Florida Realty of Miami Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,769

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 183x262
  • Fenced

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Downer Palms Div 02 Condos
  • Downer Palms Div 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-78-12-006-0880

Property Details

Property Type

Land

Est. Annual Taxes

$1,769

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Directions: US1 to 304 Street (Kings Highway) west to property.
  • Horses: No
  • Lot Size Acres: 1.1
  • Lot Size: 183x262
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Main Thoroughfare
  • Subdivision Name: Downer Palms Div 02
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Unknown/Withheld, Professional

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Location, Rock Land, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Downer Palms Div 02

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Utilities: Water Connected, Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 10-78-12-006-0880
  • Current Use: Unimproved Business/Commercial
  • Lot Size Sq Ft: 51400
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1769

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Kings Highway Llc
Bought by
Cruz Yeessy Alejandro Av
Current Estimated Value
$658,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,303
Outstanding Balance
$483,575
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$175,412

Purchase Details

Listed on
Dec 20, 2016
Closed on
Mar 29, 2018
Sold by
Centerstate Bank Na
Bought by
King S Highway Llc
Seller's Agent
Joseph Whitney
The Keyes Company
Buyer's Agent
David Perez
Florida Realty of Miami Corp
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Original Mortgage
$125,000
Interest Rate
4.4%
Mortgage Type
Commercial
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
Cruz Yeessy Alejandro Av $575,000 Sharp Title Solutions
King S Highway Llc $250,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Yeessy Alejandro Av $497,303
Previous Owner King S Highway Llc $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $250,000 -16.7% --
12/22/2017 12/22/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $300,000 -- --
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 $10,540 $540,795 $213,250 $327,545
2024 $9,211 $544,138 $213,250 $330,888
2023 $9,211 $421,912 $0 $0
2022 $1,807 $80,239 $0 $0
2021 $2,469 $102,549 $0 $0
2020 $2,342 $132,803 $132,165 $638
2019 $1,880 $84,752 $84,105 $647
2018 $875 $60,730 $60,075 $655
2017 $2,370 $86,584 $0 $0
2016 $1,769 $78,713 $0 $0
2015 $2,243 $91,004 $0 $0
2014 $2,099 $82,731 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10196035

MIAMI REALTORS® MLS

APN: 10-7812-006-0880