NOT LISTED FOR SALE

18005 S Dixie Hwy Palmetto Bay, FL 33157

Estimated Value: $1,705,703

-- Bed
-- Bath
24,591 Sq Ft
$69/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $629,530 $26 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $10,634/month

Highlights

  • Corner Lot
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • No HOA

About This Home

As of August 2013

This home is located at 18005 S Dixie Hwy, Palmetto Bay, FL 33157 since 28 August 2013 and is currently priced at $1,705,703, approximately $69 per square foot. 18005 S Dixie Hwy is a home located in Miami-Dade County with nearby schools including Dr. Henry E. Perrine Academy Of The Arts, Southwood Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

Last Agent to Sell the Property

Jose Gonzalez

Florida Realty of Miami Corp License #0630027 Listed on: 08/28/2013

Florida Realty of Miami Corp

Last Buyer's Agent

Javier Alvarez

Xcellence Realty License #0698663

Xcellence Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,073

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 140x180
  • Corner Lot

Home Design

Utilities

  • Phone Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Morningside Acres Condos
  • Morningside Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-32-007-0060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,073

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Income/MultiFamily
  • Directions: CORNER OF US-1 AND SW 180 STREET IN PALMETTO BAY
  • Horses: No
  • Lot Size Acres: 0.565
  • Lot Size: 140x180
  • New Construction: No
  • Road Frontage Type: U.S. Highway
  • Road Surface Type: Paved
  • Subdivision Name: MORNINGSIDE ACRES
  • Special Features: None

Interior Features

  • Possible Use: Primary, Urban Commercial

Exterior Features

  • Lot Features: Corner Lot, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MORNINGSIDE ACRES

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 33-50-32-007-0060
  • Additional Parcels: No
  • Current Use: Unimproved Business/Commercial, Income (Other)
  • Lot Size Sq Ft: 24591
  • Zoning: 62/COMME
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 12073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2013
Closed on
Aug 28, 2013
Sold by
18005 South Dixie Hwy Inc
Bought by
Nama Development Llc
Seller's Agent
Jose Gonzalez
Florida Realty of Miami Corp
Buyer's Agent
Javier Alvarez
Xcellence Realty
List Price
$679,000
Sold Price
$629,530
Premium/Discount to List
-$49,470
-7.29%
Current Estimated Value
$1,705,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,076,173

Purchase Details

Closed on
Oct 15, 2003
Sold by
Pinto Realty Co
Bought by
18005 South Dixie Hwy Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.45%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 15, 2002
Sold by
Galicia Properties Inc
Bought by
Pinto Realty Co

Purchase Details

Closed on
Jan 10, 1996
Sold by
Ira Segal Tr
Bought by
Galicia Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.29%
Mortgage Type
Commercial
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
Nama Development Llc $629,600 None Available
18005 South Dixie Hwy Inc $583,000 --
Pinto Realty Co $330,000 --
Galicia Properties Inc $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 18005 South Dixie Hwy Inc $125,000
Previous Owner Galicia Properties Inc $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2013 08/29/13 Sold $629,530 -7.3% $26 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $679,000 -- $28 / 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 $52,529 $3,020,632 $1,844,325 $1,176,307
2024 $28,417 $3,020,679 $1,844,325 $1,176,354
2023 $28,417 $1,487,755 $0 $0
2022 $23,648 $1,352,505 $1,352,505 $0
2021 $15,559 $860,685 $860,685 $0
2020 $14,367 $860,685 $860,685 $0
2019 $13,950 $860,685 $860,685 $0
2018 $12,064 $737,730 $737,730 $0
2017 $11,313 $595,102 $0 $0
2016 $9,897 $541,002 $0 $0
2015 $10,158 $541,002 $0 $0
2014 $10,372 $541,002 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jose Gonzalez

    Seller's Agent in 2013

    Jose Gonzalez

    Florida Realty of Miami

    (305) 992-8624

    1 in this area

    20 Total Sales

    Jose Gonzalez
    Section Image
  • Javier Alvarez

    Buyer's Agent in 2013

    Javier Alvarez

    Xcellence Realty

    (305) 595-7355

    9 Total Sales

    Javier Alvarez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1834979

MIAMI REALTORS® MLS

APN: 33-5032-007-0060

Florida Miami/Dade County Palmetto Bay 33157

18005 S Dixie Hwy, Palmetto Bay, FL

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