NOT LISTED FOR SALE

19925 SW 270th St Homestead, FL 33031

Outer Homestead Neighborhood

Estimated Value: $1,242,000

3 Beds
2 Baths
417,305 Sq Ft
$3/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $2,350,000 $6 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $6,908/month

104 Days on Market

Highlights

  • Barn
  • Home fronts a canal
  • No HOA
  • 10 Acre Lot
  • Partially Wooded Lot
  • Interior Lot

About This Home

As of March 2016

ONE OF A KIND HYDROPONIC NURSERY OPERATION WITH ROWS OF STUPPY HOOP GREENHOUSES, 11,000+ SQ ST DOCK HIGH LOADING AREA, PACKING/SHIPPING WAREHOUSE WITH OFFICES AND REFRIG CAPABILITIES (4 WALK-IN COOLERS), ALL FENCED, 2 SINGLE FAMILY HOMES ON SITE, NURSERY LAND MANG OFFC, ADMIN OFFICES AND A 2,450 SF ON SITE OFFICE BLDG (8 OFFICES, 2 BATHRMS, CONFC RM), MAINTANCE BLDG. 1,350 SF, SUN-GROW AREAS. PROPERTY MAY BE SOLD WITH A PORTION OF THE GROW AG LAND ACROSS THE STREET. ALL OFFERS REVIEWED. PRIME OPPORTUNITY

Last Agent to Sell the Property

Maurice Veissi

MMLS Assoc.-Inactive Member License #0217237 Listed on: 09/26/2015

Last Buyer's Agent

Maurice Veissi

MMLS Assoc.-Inactive Member License #0217237 Listed on: 09/26/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1976

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 400x1000
  • Home fronts a canal
  • Dirt Road
  • Fenced
  • Interior Lot
  • Irregular Lot
  • Irrigation
  • Partially Wooded Lot
  • Additional Parcels

Utilities

  • Well
  • Septic Tank

Additional Features

  • Canal Views
  • Utility Building
  • Barn

Community Details

  • No Home Owners Association
  • Redlands Condos
  • Redlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-68-34-000-0051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Year Built: 1976
  • Ownership: Sole Proprietor
  • Property Sub Type: Income/MultiFamily
  • Directions: TAKE 272 ST FROM KROME (SW 177 AVE) WEST TO CORNER OF 202 AVE THEN NORTH ON 202 AVE TO DIRT RD SW 270 ST THEN DIRT ROAD EAST TO PROPERTY OR CALL OFFICE/AGENT
  • Horses: No
  • Inclusions: Other
  • Lot Size Acres: 10
  • Lot Size: 400x1000
  • New Construction: No
  • Road Frontage Type: Gravel/Lime Rock Road
  • Road Surface Type: Gravel/Lime Rock Road, Dirt
  • Subdivision Name: REDLANDS
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld, Open Land, Other Plan Use

Exterior Features

  • View: Canal View
  • Fencing: Fenced
  • Lot Features: County Location, Inside Location, Other Location, Other Soil Type, Irregular Lot, Above Ground Irrigation, Drip System, Home, Nursery
  • Other Structures: Barns, Utility Building/Barn
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: REDLANDS

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Green Building Features: Other Miscellaneous, Automobile Traffic, Light Traffic
  • Utilities: Electricity Connected, Other Utilities Available, Electricity Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 30-68-34-000-0051
  • Additional Parcels: Yes
  • Current Use: Unimproved Agr/Recreation/Mobile Home, Income (Farm), Income (Nursery)
  • Lot Size Sq Ft: 417305
  • Zoning: 90/AGRIC
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 7000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2015
Closed on
Mar 7, 2016
Sold by
Borek Martina M
Bought by
Dev Distributors Llc
Seller's Agent
Maurice Veissi
MMLS Assoc.-Inactive Member
Buyer's Agent
Maurice Veissi
MMLS Assoc.-Inactive Member
List Price
$1,950,000
Sold Price
$2,350,000
Premium/Discount to List
$400,000
20.51%
Current Estimated Value
$1,242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,108,000
Avg. Annual Appreciation
-6.38%
Original Mortgage
$1,610,000
Outstanding Balance
$1,277,265
Interest Rate
3.72%
Mortgage Type
Unknown
Estimated Equity
-$35,265

Purchase Details

Closed on
Jun 21, 2005
Sold by
Herbonics Inc
Bought by
Borek Martina M

Purchase Details

Closed on
May 26, 1994
Sold by
Stephenson Glenn and Stephenson Wilma J
Bought by
Herbonics Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,500
Interest Rate
8.46%
Source: Public Records

Range of Values:

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Average Value
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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
Dev Distributors Llc $2,300,000 Attorney
Borek Martina M $1,500,000 --
Herbonics Inc $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dev Distributors Llc $1,610,000
Previous Owner Herbonics Inc $173,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2016 03/10/16 Sold $2,350,000 +20.5% $6 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
09/26/2015 09/26/15 For Sale $1,950,000 -- $5 / 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 $4,498 $257,421 -- --
2024 $3,905 $234,648 -- --
2023 $3,905 $213,945 $0 $0
2022 $3,649 $195,124 $0 $0
2021 $3,134 $178,014 $0 $0
2020 $3,102 $179,365 $0 $0
2019 $2,798 $158,039 $0 $0
2018 $2,751 $159,335 $73,762 $85,573
2017 $2,813 $160,630 $0 $0
2016 $2,023 $113,039 $0 $0
2015 $1,937 $106,119 $0 $0
2014 -- $104,672 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Maurice Veissi

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2180467

MIAMI REALTORS® MLS

APN: 30-6834-000-0051

Florida Miami/Dade County Homestead 33031 Outer Homestead

19925 SW 270th St, Homestead, FL

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