$1,550,000
SOLD NOV 1, 2024
0.2 Acre
$7,750,000 Price per Acre
8,545 Sq Ft Lot

Recently Sold

$549 Per Sq Ft

13% Below List Price

70 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • 1-minute walk to Steele Mini Park
  • Coconut Grove Elementary School Rated A

About This Lot

As of November 2024

Calling all new construction developers or end users. The ideal lot to maximize gains or build the most equity, this elevated 3 sided lot on prestigious South Bayshore Drive in North East Coconut Grove. Lot is unique being the only lot that is 3 sided and is elevated 8 feet allowing for a partial water view from a rooftop balcony. Lot is in flood zone X allowing for 3 story home with less lot coverage than a comparably sized 2 story. New construction in the area starts at $1800 psf. New construction in flood zone X is subject to extremely low cost flood insurance. Ideal location; walking distance to Kennedy Park and Ransom Everglades Middle School.

Last Agent to Sell the Property

Barbara Karen Elmir

One Sotheby's International Realty License #3192417 Listed on: 08/23/2024

One Sotheby's International Realty

Last Buyer's Agent

Barbara Karen Elmir

One Sotheby's International Realty License #3192417 Listed on: 08/23/2024

One Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,048

Lot Details

  • 8,545 Sq Ft Lot
  • North Facing Home
  • Landscaped with Trees
  • Additional Parcels
  • Property is zoned 0100

Community Details

  • No Home Owners Association
  • Fairview Condos
  • Fairview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-14-001-0040

Property Details

Property Type

Land

Est. Annual Taxes

$25,048

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.2
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: FAIRVIEW
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: North
  • Lot Features: Build To Suit
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FAIRVIEW

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-14-001-0040
  • Additional Parcels: Yes
  • Current Use: Residential, Other Usage
  • Development Status: Other
  • Lot Size Sq Ft: 8545
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 25048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Nov 1, 2024
Sold by
Bayshore And Fairview Llc
Bought by
Bueso Stephen and Stolz Karen
Seller's Agent
Barbara Karen Elmir
One Sotheby's International Realty
Buyer's Agent
Barbara Karen Elmir
One Sotheby's International Realty
List Price
$1,790,000
Sold Price
$1,550,000
Premium/Discount to List
-$240,000
-13.41%
Views
8
Current Estimated Value
$1,636,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,066
Avg. Annual Appreciation
6.81%

Purchase Details

Listed on
Dec 18, 2020
Closed on
Nov 23, 2021
Sold by
Grossman Michael S and Grossman Michael S
Bought by
Bayshore And Fairview Llc
Seller's Agent
Kristen Markovich PA
BHHS EWM Realty
Buyer's Agent
Patricia Alfonso
One Sotheby's International Realty
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
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 Type Sale Price Title Company
Warranty Deed $1,550,000 None Listed On Document
Warranty Deed $1,125,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $1,550,000 -13.4% $549 / Sq Ft
08/23/2024 08/23/24 For Sale $1,790,000 +59.1% $634 / Sq Ft
11/23/2021 11/23/21 Sold $1,125,000 -10.0% $399 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
12/14/2020 12/14/20 For Sale $1,250,000 -- $443 / 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 $22,386 $1,285,254 $1,283,600 $1,654
2024 $25,048 $1,034,972 -- --
2023 $25,048 $1,061,198 $0 $0
2022 $19,888 $964,726 $786,140 $178,586
2021 $13,874 $595,468 $0 $0
2020 $13,911 $794,639 $642,926 $151,713
2019 $13,165 $790,838 $642,926 $147,912
2018 $12,768 $881,016 $730,598 $150,418
2017 $11,510 $437,246 $0 $0
2016 $11,288 $397,497 $0 $0
2015 $10,702 $361,361 $0 $0
2014 $9,533 $328,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11646760

MIAMI REALTORS® MLS

APN: 01-4114-001-0040