NOT LISTED FOR SALE
1 Bed
1 Bath
6,303 Sq Ft
1958 Built

Sale Details

Date Sold: May 29, 2015

Last sale price $1,430,000 $227 Per Sq Ft

149 Days on Market

Highlights

  • Beach Access
  • 6,303 Acre Lot
  • No HOA

About This Home

As of May 2015

Great income property investment on Miami Beach, in the heart of Normandy Isles. Ten well maintained 1bd/ 1 bath units, surveillance system, 7 car parking. Property is located in the heart of Normandy Isles close to golf course, walking distance to City of MB pool, restaurants, shopping and immediate access to the mainland and 1-95.

Last Agent to Sell the Property

Melissa Lorenzo

Lexan Real Estate, LLC License #0665358 Listed on: 10/09/2014

Last Buyer's Agent

Melissa Lorenzo

Lexan Real Estate, LLC License #0665358 Listed on: 10/09/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,604

Year Built

  • Built in 1958

Lot Details

  • 6,303 Acre Lot
  • Lot Dimensions are 50x125

Utilities

  • Sewer Connected
  • Cable TV Available

Additional Features

  • Beach Access
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-32-10-011-0460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,604

Year Built

Built in 1958

Lot Details

6,303 Acres

Listing Details

  • Property Type: Commercial Land
  • Year Built: 1958
  • Property Sub Type: Income/MultiFamily
  • Horses: No
  • Lot Size Acres: 6303
  • Lot Size: 50x125
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road
  • Special Features: None

Interior Features

  • Possible Use: Investment, Central Urban

Exterior Features

  • Lot Features: Beach Area, Central Business District, City Location, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Utilities

  • Sewer: None
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-10-011-0460
  • Additional Parcels: No
  • Current Use: Other Usage, Income (Other)
  • Lot Size Sq Ft: 6250
  • Zoning: 39/MULTI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 7604

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
0.0639%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,352,500
Interest Rate
0.0692%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 31, 2021
Sold by
Bought by

Purchase Details

Listed on
Oct 9, 2014
Closed on
May 28, 2015
Sold by
Bought by
Seller's Agent
Melissa Lorenzo
Lexan Real Estate, LLC
Buyer's Agent
Melissa Lorenzo
Lexan Real Estate, LLC
List Price
$1,600,000
Sold Price
$1,430,000
Premium/Discount to List
-$170,000
-10.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,150,000 Trident Title
$1,850,000 --
-- None Listed On Document
$1,430,000 None Available
$660,000 Attorney
$289,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,275,000
Previous Owner $1,352,500
Previous Owner $250,000
Previous Owner $830,000
Previous Owner $300,000
Previous Owner $450,000
Previous Owner $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $1,430,000 +142900.0% $227 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
10/13/2014 10/13/14 Rented $1,000 0.0% --
10/13/2014 10/13/14 For Rent $1,000 0.0% --
10/08/2014 10/08/14 For Sale $1,600,000 -- $254 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $31,517 $1,680,000 $625,000 $1,055,000
2024 $31,935 $1,770,000 $625,000 $1,145,000
2023 $31,935 $1,690,000 $625,000 $1,065,000
2022 $27,432 $1,460,000 $593,750 $866,250
2021 $27,900 $1,445,000 $593,750 $851,250
2020 $27,885 $1,445,000 $531,250 $913,750
2019 $25,328 $1,307,000 $500,000 $807,000
2018 $22,847 $1,215,000 $437,500 $777,500
2017 $23,042 $1,210,000 $0 $0
2016 $21,890 $1,126,926 $0 $0
2015 $12,525 $486,315 $0 $0
2014 $11,836 $442,105 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2017194

MIAMI REALTORS® MLS
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