NOT LISTED FOR SALE

224 Atlantic Ave Sunny Isles Beach, FL 33160

Estimated Value: $3,093,064 - $5,099,000

0.52 Acre
$7,795,223 Price per Acre
22,651 Sq Ft Lot

Last Sold July 19, 2021

Last sale price $2,409,631

Est. 68% increase in value since last sale

Current estimated payment $25,402/month

314 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Deeded Boat Dock

About This Lot

As of July 2021

PRIME Sunny Isles Beach WATERFRONT LAND. Rarely available, 22,000 SF Lot. Cleared and ready to build on now!

Last Agent to Sell the Property

Domenico Albano

A & D Group Realty LLC License #3195134 Listed on: 05/04/2020

Last Buyer's Agent

Mario Borda

Borda Commercial Real Estate, Inc. License #0699551

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $35,397

Lot Details

Additional Features

  • 120 Feet of Waterfront
  • Deeded Boat Dock

Listing and Financial Details

  • Assessor Parcel Number 31-22-14-003-0970

Property Details

Property Type

Land

Est. Annual Taxes

$35,397

Lot Details

0

Listing Details

  • Blogging: Yes
  • Internet Remarks: PRIME Sunny Isles Beach WATERFRONT LAND. Rarely available, 22,000 SF Lot. Cleared and ready to build on now!
  • Municipal Code: 31
  • Property Type: Residential Land/Boat Docks
  • Section: 14
  • Property Sq Ft: 20417
  • Zoning Information: 0100
  • Styleof Property: Zoned Residential
  • Miscellaneous Improvements: Build To Suit
  • Flood Zone: AE
  • Intended Use: Unknown/Withheld
  • Ratio Close Price By List Price: 0.76496
  • Website: http://224atlanticisle.com/
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Front Exposure: South

Exterior Features

  • Water Access: Dock Available
  • Waterfront Description: Canal Front, Ocean Access
  • Waterfront Frontage: 120
  • Lot Size: 22800
  • Waterfront Property: Yes
  • Boat Services: Dock Owned/Included, Private Dock
  • Water View: Canal View

Condo/Co-op/Association

  • Subdivision Complex Bldg: ATLANTIC ISLAND BEING PAR
  • Development: Recorded Plat

Lot Info

  • Lot Description: 1/2 To Less Than 3/4 Acre Lot
  • Parcel Number: 31-22-14-003-0970
  • Total Acreage: 0.5200
  • Lot Sq Footage: 20417
  • Parcel Number Mlx: 0970

Tax Info

  • Tax Amount: 64320
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Jul 16, 2021
Sold by
Eralma Llc
Bought by
Sg Properties 2416 Llc
Seller's Agent
Domenico Albano
A & D Group Realty LLC
Buyer's Agent
Mario Borda
Borda Commercial Real Estate, Inc.
List Price
$3,600,000
Sold Price
$2,409,631
Premium/Discount to List
-$1,190,369
-33.07%
Current Estimated Value
$4,053,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,643,885
Avg. Annual Appreciation
11.12%

Purchase Details

Closed on
Dec 25, 2018
Sold by
Weldon Eric
Bought by
Eralma Llc

Purchase Details

Closed on
Dec 5, 2018
Sold by
Heythrop College
Bought by
Eralma Llc
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
Sg Properties 2416 Llc $2,399,700 Folio Title Llc
Eralma Llc $2,490,000 Attorney
Eralma Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sg Properties 2416 Llc $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $2,409,631 -23.5% --
03/14/2021 03/14/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $3,150,000 -1.6% --
10/08/2020 10/08/20 Price Changed $3,200,000 -5.9% --
07/16/2020 07/16/20 Price Changed $3,400,000 -5.6% --
05/04/2020 05/04/20 For Sale $3,600,000 -- --
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
2024 $35,397 $2,249,064 -- --
2023 $35,397 $2,044,604 $2,041,700 $2,904
2022 $34,667 $1,993,562 $1,990,658 $2,904
2021 $47,720 $2,657,114 $2,654,210 $2,904
2020 $48,123 $2,657,114 $2,654,210 $2,904
2019 $64,320 $3,550,947 $3,470,890 $80,057
2018 $10,246 $598,196 $0 $0
2017 $10,222 $585,893 $0 $0
2016 $10,242 $573,843 $0 $0
2015 $10,418 $569,855 $0 $0
2014 $10,598 $565,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10853700

MIAMI REALTORS® MLS

APN: 31-2214-003-0970