NOT LISTED FOR SALE

17425 SW 97th Ave Palmetto Bay, FL 33157

West Perrine Neighborhood

Estimated Value: $941,828

0.18 Acre
$5,232,378 Price per Acre
7,841 Sq Ft Lot

Last Sold November 25, 2017

Last sale price $450,000

Est. 109% increase in value since last sale

Current estimated payment $5,580/month

212 Days on Market

Highlights

  • No HOA
  • Fenced
  • 4-minute walk to Palmetto Bay Park
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-

About This Lot

As of November 2017

BUILDING: Attractive, 1,984 sq. ft., free standing, one story, office/retail building. Ingress
and egress from SOUTH DIXIE HIGHWAY.
PROPERTY: 8,250 sq. ft. +/- rectangular property with frontage on both South Dixie
Highway and SW 97th Avenue. There is a curb cut on South Dixie Highway
for easy ingress and egress. Nicely landscaped.
PARKING: 10-12 cars on site. Plus street parking on SW 97th Avenue.
TRAFFIC: Over 30,000 cars/day
ZONING: MC, Mixed Use Corridor; commercial and/or office
R.E. TAXES: $2,450.19
LEASE RATE: $3330.00 per month, triple net, RE Tax $204.18, Ins. $131.25
SALE PRICE: $525,000.00
COMMENTS: This attractive, free-standing building is located next to the Wachovia Bank
on the corner of SW 174th Street and South Dixie Highway (U.S.-1).

Last Agent to Sell the Property

Stephen Arbuckle

Maddux & Company License #0327032 Listed on: 04/27/2017

Last Buyer's Agent

Stephen Arbuckle

Maddux & Company License #0327032 Listed on: 04/27/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,552

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Property is zoned 4100

Location

  • City Lot

Utilities

  • Septic Tank
  • Phone Connected

Community Details

  • No Home Owners Association
  • Unplatted Condos
  • Unplatted Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-33-000-0480

Property Details

Property Type

Land

Est. Annual Taxes

$2,552

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Commercial
  • Directions: 17425 SW 97th Avenue, Palmetto Bay, Florida. Property fronts on SOUTH DIXIE HIGHWAY (U.S.1) as well as SW 97th Avenue (Franjo Road) property runs street to street, and has HIGH VISIBILITY and EASY ACCESS from both South Dixie Highway and SW 97th Avenue
  • Horses: No
  • Lot Size Acres: 0.18
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Main Thoroughfare, U.S. Highway
  • Structure Type: Commercial
  • Subdivision Name: UNPLATTED
  • Special Features: None

Interior Features

  • Possible Use: Unknown/Withheld, Urban Commercial

Exterior Features

  • Fencing: Fenced
  • Lot Features: Central Business District, City Location, Urban Area Development, Less Than 1 Acre, Curb
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: UNPLATTED

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Green Building Features: Street Lights, Automobile Traffic, Heavy Traffic, Pedestrian Traffic
  • Utilities: Electricity Connected, Other Utilities Available, Phone Connected, Water Connected, Electricity Available, Other, Phone Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 33-50-33-000-0480
  • Current Use: Other Usage, Other Style
  • Zoning: 4100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2025
Sold by
Foothold Investments Llc
Bought by
New Hope Development Group Llc
Current Estimated Value
$941,828

Purchase Details

Listed on
Apr 27, 2017
Closed on
Nov 2, 2017
Sold by
Adams Smith Jerri and Smith James Douglas
Bought by
Foothold Investments Llc
Seller's Agent
Stephen Arbuckle
Maddux & Company
Buyer's Agent
Stephen Arbuckle
Maddux & Company
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$320,664
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 31, 2012
Sold by
Adams Adams Jerri L Jerri L and Adams Smith Jerri
Bought by
Smith Jerri Adams

Purchase Details

Closed on
May 19, 1998
Sold by
Dade County Circuit Court
Bought by
Adams Jerri L
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
New Hope Development Group Llc $1,150,000 None Listed On Document
Foothold Investments Llc $435,000 Attorney
Smith Jerri Adams -- None Available
Adams Jerri L $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foothold Investments Llc $320,664
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2017 11/25/17 Sold $450,000 -14.3% --
04/27/2017 04/27/17 For Sale $525,000 -- --
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 $7,798 $461,857 -- --
2024 $7,380 $419,870 -- --
2023 $7,380 $381,700 $0 $0
2022 $6,067 $347,000 $251,970 $95,030
2021 $6,273 $347,000 $217,920 $129,080
2020 $6,233 $347,000 $217,920 $129,080
2019 $6,238 $347,000 $217,920 $129,080
2018 $6,098 $347,000 $217,920 $129,080
2017 $2,643 $142,435 $0 $0
2016 $2,552 $129,487 $0 $0
2015 $2,210 $117,716 $0 $0
2014 $2,248 $117,243 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Stephen Arbuckle

    Maddux & Company

    (305) 264-9661

    7 Total Sales

    Stephen Arbuckle
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10266065

MIAMI REALTORS® MLS

APN: 33-5033-000-0480

Florida Miami/Dade County Palmetto Bay 33157 West Perrine

17425 SW 97th Ave, Palmetto Bay, FL

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