NOT LISTED FOR SALE

Estimated Value: $22,793,466

-- Bed
-- Bath
45,995 Sq Ft
$496/Sq Ft Est. Value

About This Home

As of December 2019

.

Last Agent to Rent the Property

Diego Leiva

Keller Williams Capital Realty License #3176485 Listed on: 07/16/2019

Keller Williams Capital Realty

Last Renter's Agent

Diego Leiva

Keller Williams Capital Realty License #3176485 Listed on: 07/16/2019

Keller Williams Capital Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $319,260

Year Built

  • Built in 2001

Lot Details

  • 2.98 Acre Lot

Parking

  • Common or Shared Parking

Interior Spaces

  • 45,995 Sq Ft Home
  • 2-Story Property

Community Details

  • No Home Owners Association
  • Triple Net Lease (NNN)

Listing and Financial Details

  • 1 To 3 Year Lease,4 To 6 Year Lease Lease Term

Property Details

Property Type

Other

Est. Annual Taxes

$319,260

Year Built

Built in 2001

Lot Details

0

Rental Info

  • Lease Term: 1 To 3 Year Lease,4 To 6 Year Lease

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 2001
  • Property Sub Type: Lease
  • Business Type: Office Space, Professional
  • Directions: Right off I-75 and Sheridan exit 30 Min from Ft. Lauderdale International Airport and Miami Int'l Airport
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Lease
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Number Of Buildings: 1
  • Possible Use: Primary
  • Stories: 2

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Common

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Commercial Lease
  • Land Lease: No
  • Lot Size Sq Ft: 129809
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Existing Lease Type: NNN
  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2016
Sold by
G & C Herald Investors Llc
Bought by
Chelsea Investments 350 Llc
Current Estimated Value
$22,793,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,750,000
Outstanding Balance
$387,914
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$22,405,552

Purchase Details

Closed on
Aug 5, 1999
Sold by
Engle Homes/Pembroke Inc
Bought by
Herald Plaza Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.66%
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
Chelsea Investments 350 Llc $12,500,000 Attorney
Herald Plaza Ltd $1,900,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chelsea Investments 350 Llc $7,750,000
Previous Owner Herald Plaza Ltd $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2019 12/30/19 Rented $22 0.0% --
02/05/2019 02/05/19 For Rent $22 -- --
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 $319,260 $13,993,620 $2,024,470 $11,969,150
2024 $317,693 $13,993,620 $2,024,470 $11,969,150
2023 $317,693 $13,993,620 $2,024,470 $11,969,150
2022 $322,772 $14,520,640 $0 $0
2021 $296,850 $13,200,590 $2,024,470 $11,176,120
2020 $300,362 $14,348,480 $2,024,470 $12,324,010
2019 $258,483 $11,239,720 $2,024,470 $9,215,250
2018 $269,288 $11,591,350 $2,024,470 $9,566,880
2017 $257,506 $10,825,340 $0 $0
2016 $229,060 $8,965,000 $0 $0
2015 $211,066 $8,150,000 $0 $0
2014 $219,044 $8,454,010 $0 $0
2013 -- $8,109,940 $1,961,300 $6,148,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10707608

MIAMI REALTORS® MLS

APN: 51-40-09-20-0014