NOT LISTED FOR SALE

1631 NW South River Dr Miami, FL 33125

North Sewell Park Neighborhood

Estimated Value: $1,062,000 - $2,842,000

0.38 Acre
$5,302,682 Price per Acre
16,553 Sq Ft Lot

Last Sold May 05, 2021

Last sale price $1,250,000 $553 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $13,086/month

253 Days on Market

Highlights

  • Private Dock
  • Home fronts a canal
  • 5-minute walk to Sewell Park
  • 0.38 Acre Lot
  • No HOA

About This Lot

As of May 2021

Miami River Development opportunity. Build a Multi Family/ Condo on the Miami River with 66 feet of seawall Frontage with a potential Land Use T3 L.

Last Agent to Sell the Property

Fernando Bourrian

Gidesa Realty, LLC License #0692479 Listed on: 07/15/2020

Last Buyer's Agent

Fernando Bourrian

Gidesa Realty, LLC License #0692479 Listed on: 07/15/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,317

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 60x299
  • Home fronts a canal
  • Property is zoned 0104

Interior Spaces

  • 2,262 Sq Ft Home
  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 01-31-35-016-0082

Community Details

Overview

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

Recreation

  • Canal Width is 121 Feet or More
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$13,317

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Directions: North of Dolphin express way and 17th
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size Acres: 0.38
  • Lot Size: 60x299
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: GROVE PARK
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area: 2262
  • Possible Use: Investment, Open Land

Exterior Features

  • View: Canal View
  • Lot Features: Near Airport, Shopping Center, Less Than 1 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Canal Width 121 Feet Or More
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: GROVE PARK

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-35-016-0082
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 16402
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 13317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
May 5, 2021
Sold by
One 760 Llc
Bought by
Boutique At Miami River Llc
Seller's Agent
Fernando Bourrian
Gidesa Realty, LLC
Buyer's Agent
Fernando Bourrian
Gidesa Realty, LLC
List Price
$1,490,000
Sold Price
$1,250,000
Premium/Discount to List
-$240,000
-16.11%
Current Estimated Value
$2,015,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,019
Avg. Annual Appreciation
9.41%
Original Mortgage
$50,000
Interest Rate
2.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 4, 2017
Sold by
1631 Nw S River Drive Llc
Bought by
One 760 Llc

Purchase Details

Closed on
Dec 23, 2014
Sold by
Thompson Sara P
Bought by
1631 Nw S River Drive Llc

Purchase Details

Closed on
Dec 2, 2009
Sold by
Parks Katherine
Bought by
Parks Katherine
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
Boutique At Miami River Llc $1,250,000 Gables Title Inc
One 760 Llc $969,000 Attorney
1631 Nw S River Drive Llc -- Attorney
Parks Katherine -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boutique At Miami River Llc $200,000
Closed Boutique At Miami River Llc $50,000
Open Boutique At Miami River Llc $900,000
Previous Owner One 760 Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $1,250,000 -10.4% $553 / Sq Ft
01/14/2021 01/14/21 Price Changed $1,395,000 -6.4% $617 / Sq Ft
07/14/2020 07/14/20 For Sale $1,490,000 -- $659 / 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 $28,200 $1,414,690 -- --
2024 $27,772 $1,286,082 -- --
2023 $27,772 $1,169,166 $0 $0
2022 $22,291 $1,062,879 $1,057,929 $4,950
2021 $13,004 $588,429 $0 $0
2020 $12,279 $605,945 $598,673 $7,272
2019 $13,317 $606,041 $598,673 $7,368
2018 $17,274 $806,570 $598,673 $207,897
2017 $14,996 $642,577 $0 $0
2016 $14,253 $584,161 $0 $0
2015 $12,188 $531,056 $0 $0
2014 -- $234,305 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fernando Bourrian

    Seller's Agent in 2021

    Fernando Bourrian

    Gidesa Realty, LLC

    (786) 287-3219

    1 in this area

    11 Total Sales

    Fernando Bourrian
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10892631

MIAMI REALTORS® MLS

APN: 01-3135-016-0082

Florida Miami/Dade County Miami 33125 North Sewell Park

1631 NW South River Dr, Miami, FL

This home is located at 1631 NW South River Dr, Miami, FL 33125 since 15 July 2020 and is currently estimated at $2,015,019, approximately $890 per square foot. 1631 NW South River Dr is a home located in Miami-Dade County with nearby schools including Citrus Grove Elementary School, Citrus Grove Middle School, and Booker T. Washington 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.

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