NOT LISTED FOR SALE

151 NW 38th St Miami, FL 33127

Miami Design District Neighborhood

Estimated Value: $1,718,000 - $2,093,319

0.23 Acre
$8,135,130 Price per Acre
10,000 Sq Ft Lot

Last Sold February 09, 2023

Last sale price $1,680,000 $1,475 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,129/month

150 Days on Market

About This Lot

As of February 2023

Area: Miami Design District - Neighboring: Wynwood | Midtown - Zoning: T4-O - Size: 10,000 Sq. ft. (0.23 Acre)
Buildable (by right): 18,000 Sq. Ft. (under A/C) + Roof top - Traffic Count: 140,000+ average per day
Access: I-95 / I-195 / US-1 - Miami Airport: 15 Mins Drive - Port of Miami: 12 Mins Drive - Brickell: 12 Mins Drive
South Beach: 15 Mins Drive - Miami Health District: 8 Mins Drive

Last Agent to Sell the Property

Esser Melul

Stellar One Realty License #3086945 Listed on: 07/03/2022

Last Buyer's Agent

Esser Melul

Stellar One Realty License #3086945 Listed on: 07/03/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,505

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Property is zoned 4801

Utilities

  • Underground Utilities
  • Phone Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01-31-24-021-0900

Property Details

Property Type

Land

Est. Annual Taxes

$18,505

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 0.23
  • Lot Size: 100x100
  • New Construction: No
  • Road Frontage Type: Public Road, U.S. Highway
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Urban Commercial

Exterior Features

  • Lot Features: Central Business District, Urban Area Development, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-24-021-0900
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 10000
  • Zoning: 4801
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 18505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2022
Closed on
Feb 7, 2023
Sold by
151 District Partners Llc
Bought by
Lvr Investments Llc
Seller's Agent
Esser Melul
Stellar One Realty
Buyer's Agent
Esser Melul
Stellar One Realty
List Price
$2,500,000
Sold Price
$1,680,000
Premium/Discount to List
-$820,000
-32.8%
Views
7
Current Estimated Value
$1,871,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,080
Avg. Annual Appreciation
3.98%

Purchase Details

Listed on
Aug 26, 2015
Closed on
Feb 17, 2016
Sold by
Alvarez Pablo and Alvarez Walkiria
Bought by
151 Distric Partners Llc
Seller's Agent
Anthony Cho
MMLS Assoc.-Inactive Member
Buyer's Agent
Anthony Cho
MMLS Assoc.-Inactive Member
List Price
$995,000
Sold Price
$912,500
Premium/Discount to List
-$82,500
-8.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%

Purchase Details

Closed on
Jun 18, 2010
Sold by
Hsbc Bank Usa Na
Bought by
Alvarez Pablo and Alvarez Walkiria

Purchase Details

Closed on
Sep 23, 2009
Sold by
Duncan Ethel Smith
Bought by
Hsbc Bank Usa Na
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
Lvr Investments Llc $1,680,000 --
151 Distric Partners Llc $912,500 Attorney
Alvarez Pablo $34,000 Premium Title Services
Hsbc Bank Usa Na -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2023 02/09/23 Sold $1,680,000 -32.8% $1,475 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $2,500,000 +48.8% $2,195 / Sq Ft
08/31/2022 08/31/22 Off Market $1,680,000 -- --
08/09/2022 08/09/22 Price Changed $2,500,000 +28.2% $2,195 / Sq Ft
08/03/2022 08/03/22 Price Changed $1,950,000 -2.5% $1,712 / Sq Ft
07/03/2022 07/03/22 For Sale $1,999,900 +119.2% $1,756 / Sq Ft
02/26/2016 02/26/16 Sold $912,500 -8.3% $801 / Sq Ft View Prior Sale
02/01/2016 02/01/16 Pending -- -- --
08/14/2015 08/14/15 For Sale $995,000 -- $874 / 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 $27,445 $1,401,000 $1,400,000 $1,000
2024 $21,046 $1,351,000 $1,350,000 $1,000
2023 $21,046 $936,100 $0 $0
2022 $17,924 $851,000 $850,000 $1,000
2021 $18,461 $851,000 $850,000 $1,000
2020 $18,505 $851,000 $850,000 $1,000
2019 $20,360 $936,000 $935,000 $1,000
2018 $18,808 $936,000 $935,000 $1,000
2017 $20,208 $775,625 $0 $0
2016 $2,903 $87,637 $0 $0
2015 $2,329 $79,670 $0 $0
2014 $2,131 $72,428 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Esser Melul

    Seller's Agent in 2023

    Esser Melul

    Stellar One Realty

    (305) 761-6914

    1 in this area

    37 Total Sales

    Esser Melul
    Section Image

  • A

    Seller's Agent in 2016

    Anthony Cho

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11232311

MIAMI REALTORS® MLS

APN: 01-3124-021-0900

Florida Miami/Dade County Miami 33127 Miami Design District

151 NW 38th St, Miami, FL

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