$2,800,000
$600K PRICE DROP

Estimated payment $17,134/month

Total Views 6,352
1 Acre
$2,800,000 Price per Acre
43,560 Sq Ft Lot

Highlights

  • Beach Access
  • 1 Acre Lot
  • No HOA

About This Lot

Spectacular property with endless possibilities, located in the heart of South Beach. It currently contains a two-story house with 5 bedrooms and 4 bathrooms, giving you the flexibility to be creative. You can maintain this house, build a modern one, or develop a multifamily on this large lot. Unbeatable location just a block away from Lincoln Rd.

Listing Agent

Marilina Apfelbaum

Beachfront Realty Inc License #0662372 Listed on: 04/03/2024

Beachfront Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,160

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 51x151
  • Property is zoned 3900

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-004-0450

Community Details

Overview

  • No Home Owners Association
  • Palm View Sub Condos
  • Palm View Sub Subdivision

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$28,160

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 1
  • Lot Size: 51x151
  • New Construction: No
  • Road Frontage Type: Legal Access Road, County Road, City/County Maintained
  • Subdivision Name: PALM VIEW SUB
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Urban Commercial

Exterior Features

  • Lot Features: Beach Area, Central Business District, Near School, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PALM VIEW SUB

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-34-004-0450
  • Current Use: Unimproved Multi Family (5+Units), Unimproved Single Family (5+ Lots)
  • Lot Size Sq Ft: 10000
  • Zoning: 3900

Multi Family

  • Gross Scheduled Income: 1000000

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 28160

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $28,343 $1,395,816 $1,125,000 $270,816
2024 $28,160 $1,508,316 $1,237,500 $270,816
2023 $28,160 $1,490,198 $1,237,500 $252,698
2022 $28,010 $1,490,723 $1,237,500 $253,223
2021 $27,703 $1,434,773 $1,237,500 $197,273
2020 $25,456 $1,386,181 $1,237,500 $148,681
2019 $24,602 $1,386,583 $1,237,500 $149,083
2018 $22,143 $1,386,987 $1,237,500 $149,487
2017 $15,477 $771,732 $0 $0
2016 $15,197 $722,740 $0 $0
2015 $12,778 $681,779 $0 $0
2014 $12,612 $644,082 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2025 09/16/25 Price Changed $2,800,000 -17.6% --
05/01/2024 05/01/24 For Sale $3,400,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- Attorney
Warranty Deed $875,000 Attorney
Trustee Deed $30,000 None Available
Warranty Deed $1,300,000 South Pointe Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,425,000 New Conventional
Closed $880,000 New Conventional
Previous Owner $400,000 Commercial
Previous Owner $700,000 Unknown
Previous Owner $1,028,000 Commercial
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11562699

MIAMI REALTORS® MLS

APN: 02-3234-004-0450