NOT LISTED FOR SALE

1615 SW 107th Ave Miami, FL 33165

University Park Neighborhood

Estimated Value: $59,030,076

-- Bed
-- Bath
123,386 Sq Ft
$478/Sq Ft Est. Value

About This Home

This home is located at 1615 SW 107th Ave, Miami, FL 33165 and is currently estimated at $59,030,076, approximately $478 per square foot. 1615 SW 107th Ave is a home located in Miami-Dade County with nearby schools including Coral Park Elementary School, Rockway Middle School, and Miami Coral Park Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2010
Sold by
Fay Michael T
Bought by
University Shoppes Summit Llc
Current Estimated Value
$59,030,076

Purchase Details

Closed on
May 1, 2006
Sold by
University Center Llc
Bought by
University Shoppes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500,000
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2005
Sold by
University At 107 Avenue Inc
Bought by
University Center Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,600,000
Interest Rate
5.66%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 1998
Sold by
Lennar Florida Retail Vi Q A Ltd
Bought by
University At 107 Ave Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
7.03%
Mortgage Type
Commercial
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.

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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.

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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.

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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.

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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
University Shoppes Summit Llc -- First American Title Ins
University Shoppes Llc $34,000,000 Attorney
University Center Llc $19,500,000 Royal Title & Escrow Co Inc
University At 107 Ave Inc $7,075,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner University Shoppes Llc $25,500,000
Previous Owner University Center Llc $15,600,000
Previous Owner University At 107 Ave Inc $4,500,000
Source: Public Records

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 $314,161 $18,536,000 $13,883,720 $4,652,280
2024 $299,144 $18,536,000 $13,883,720 $4,652,280
2023 $299,144 $16,897,086 $0 $0
2022 $282,722 $15,360,988 $0 $0
2021 $276,408 $15,700,000 $12,148,255 $3,551,745
2020 $277,216 $15,700,000 $10,412,790 $5,287,210
2019 $285,942 $16,150,000 $10,412,790 $5,737,210
2018 $267,528 $16,150,000 $7,636,046 $8,513,954
2017 $282,798 $13,707,069 $0 $0
2016 $279,981 $15,612,449 $0 $0
2015 $268,387 $14,700,000 $0 $0
2014 -- $14,700,000 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Miami 33165 University Park

1615 SW 107th Ave, Miami, FL

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