$310,400
SOLD JAN 18, 2019
0.15 Acre
$2,069,333 Price per Acre
6,356 Sq Ft Lot

Recently Sold

22% Below List Price

83 Days on Market

About This Lot

As of January 2019

6,356 Sq. Ft. Multi-Family land within Little Havana. The T5-R zoning is ideal for this dynamic submarket experiencing economic growth, sub 2% vacancies pushing rental rates higher and demand is ever stronger for mixed-use infill development. Density allows for 9 units at this site. Near the Arts & Entertainment Hub of Calle Ocho. There is a major workforce housing crisis, creating opportunity to design, innovate, and be a part of Miami’s development - build here!

Last Agent to Sell the Property

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982 Listed on: 10/23/2017

Co-Listed By

Carlos Fausto Miranda

Fausto Commercial Realty Consultants Inc License #3129999

Last Buyer's Agent

Sheila Cortijo Sanchez

MMLS Assoc.-Inactive Member License #3331891

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,468

Lot Details

  • 6,356 Sq Ft Lot
  • Lot Dimensions are 44x142
  • Interior Lot
  • Irregular Lot
  • Property is zoned T5-R

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Idlewild Park Condos
  • Idlewild Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-03-014-1210

Property Details

Property Type

Land

Est. Annual Taxes

$3,468

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 305-961-1179
  • Horses: No
  • Lot Size Acres: 0.15
  • Lot Size: 44x142
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road
  • Subdivision Name: IDLEWILD PARK
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Central Urban, Urban Commercial

Exterior Features

  • Lot Features: City Location, Inside Lot, Irregular Lot, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: IDLEWILD PARK

Utilities

  • Sewer: Other
  • Water Source: Other
  • Utilities: Other Utilities Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-03-014-1210
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 6356
  • Zoning: T5-R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Jan 18, 2019
Sold by
Whi Apartments Llc
Bought by
Mj Lh 1827 Sw 3 Llc
Seller's Agent
Mauricio Villasuso
Fausto Commercial Realty Consultants Inc
Buyer's Agent
Sheila Cortijo Sanchez
MMLS Assoc.-Inactive Member
List Price
$400,000
Sold Price
$310,400
Premium/Discount to List
-$89,600
-22.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%

Purchase Details

Closed on
Feb 23, 2015
Sold by
Apartamentos Milano Llc
Bought by
Whi Apartments Llc

Purchase Details

Closed on
Dec 18, 2012
Sold by
Mederos Capital Group Llc
Bought by
Apartamentos Milano Llc

Purchase Details

Closed on
Jan 18, 2006
Sold by
Rocha Francisco and Rocha Silvia
Bought by
Mederos Capital Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
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 $310,400 Attorney
Warranty Deed $1,915,000 Union Title Services Inc
Deed In Lieu Of Foreclosure $50,900 Attorney
Warranty Deed $135,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,286,000 Unknown
Previous Owner $113,000 Stand Alone Second
Previous Owner $126,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 For Sale $630,000 +103.0% --
01/18/2019 01/18/19 Sold $310,400 -22.4% --
01/10/2018 01/10/18 Pending -- -- --
10/19/2017 10/19/17 For Sale $400,000 -- --
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 $7,699 $338,393 -- --
2024 $7,069 $307,630 -- --
2023 $7,069 $279,664 $0 $0
2022 $6,409 $307,630 $0 $0
2021 $5,986 $279,664 $0 $0
2020 $5,415 $254,240 $254,240 $0
2019 $4,820 $254,240 $254,240 $0
2018 $4,230 $222,460 $222,460 $0
2017 $4,036 $174,790 $0 $0
2016 $3,468 $158,900 $0 $0
2015 $2,109 $61,525 $0 $0
2014 $1,735 $55,932 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10360438

MIAMI REALTORS® MLS

APN: 01-4103-014-1210