NOT LISTED FOR SALE

Estimated Value: $1,021,699

0.22 Acre
$4,644,086 Price per Acre
10,000 Sq Ft Lot

Last Sold May 10, 2022

Last sale price $1,600,000

Est. 36% decrease in value since last sale

Current estimated payment $6,739/month

73 Days on Market

Highlights

  • No HOA
  • Fenced
  • 4-minute walk to Roberto Clemente Park

About This Lot

As of May 2022

Great opportunity to acquire Two contiguous lots of 5,000 SF each (10,000 SF Total) in the Wynwood Norte District, one of the fastest growing and trendiest neighborhoods in Miami. (167 NW and 177 NW 32nd St.) The property is strategically located in the Best Area of the new RE-Zoned Wynwood Norte, only Two blocks away from the best restaurants and stores in Midtown Miami, and walking distance to the Design District and Wynwood impressive projects! These lots have been rezoned from the R-3 (Low-Density) to T4-R (Med Density) which allows up to 4 stories high. GREAT OPPORTUNITY FOR DEVELOPMENT WILL NOT LAST!

Last Agent to Sell the Property

Reinaldo Valdes

Doral Business Brokers License #3321064 Listed on: 02/08/2022

Doral Business Brokers

Last Buyer's Agent

Reinaldo Valdes

Doral Business Brokers License #3321064 Listed on: 02/08/2022

Doral Business Brokers

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,452

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • South Facing Home
  • Fenced
  • Additional Parcels
  • Property is zoned 5700

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Wynd Wood Park Condos
  • Wynd Wood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-019-2720

Property Details

Property Type

Land

Est. Annual Taxes

$8,452

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size: 100x100
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: WYND WOOD PARK
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: City Location, Near Airport, Fenced
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WYND WOOD PARK

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-25-019-2720
  • Additional Parcels: Yes
  • Current Use: Multi-Family, Other Usage
  • Development Status: Other
  • Lot Size Sq Ft: 10000
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8452

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
May 10, 2022
Sold by
Franka International Llc
Bought by
2Y2 Development Group Llc
Seller's Agent
Reinaldo Valdes
Doral Business Brokers
Buyer's Agent
Reinaldo Valdes
Doral Business Brokers
List Price
$1,750,000
Sold Price
$1,600,000
Premium/Discount to List
-$150,000
-8.57%
Current Estimated Value
$1,021,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$578,301
Avg. Annual Appreciation
-12.64%

Purchase Details

Closed on
Apr 29, 2021
Sold by
Lj777 Llc
Bought by
Franka International Llc

Purchase Details

Closed on
Dec 4, 2017
Sold by
Tutim Llc
Bought by
Lj777 Llc

Purchase Details

Closed on
Sep 1, 2016
Sold by
Santoya Tito E
Bought by
Investment Properties Realty Inc

Purchase Details

Closed on
Sep 5, 2006
Sold by
Diaz Zoella C and Santoya Tito Enrique
Bought by
Santoya Tito E

Purchase Details

Closed on
May 23, 2003
Sold by
Diaz Zoelia C
Bought by
Diaz Zoelia C and Santoya Tito Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2002
Sold by
Marina Acosta I
Bought by
Diaz Zoelia C
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
2Y2 Development Group Llc $800,000 Consumer Land Title
Franka International Llc $307,500 Attorney
Franka International Llc $410,000 None Listed On Document
Lj777 Llc $270,000 Foremost Title & Escrow Serv
Investment Properties Realty Inc $215,100 --
Santoya Tito E -- None Available
Diaz Zoelia C $28,500 --
Diaz Zoelia C $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santoya Tito E $75,500
Previous Owner Diaz Zoelia C $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $1,600,000 -17.9% --
04/23/2022 04/23/22 Pending -- -- --
03/10/2022 03/10/22 Price Changed $1,950,000 +11.4% --
03/10/2022 03/10/22 For Sale $1,750,000 +9.4% --
03/08/2022 03/08/22 Off Market $1,600,000 -- --
02/08/2022 02/08/22 For Sale $1,750,000 -- --
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 $14,185 $660,000 -- --
2024 $12,848 $687,500 -- --
2023 $12,848 $625,000 $625,000 $0
2022 $5,673 $275,196 $275,196 $0
2021 $4,354 $204,906 $204,906 $0
2020 $4,226 $215,556 $215,556 $0
2019 $3,683 $172,530 $172,530 $0
2018 $5,091 $224,928 $224,928 $0
2017 $4,007 $171,208 $0 $0
2016 $555 $46,432 $0 $0
2015 $559 $46,110 $0 $0
2014 $564 $45,745 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11157901

MIAMI REALTORS® MLS

APN: 01-3125-019-2720