NOT LISTED FOR SALE

22855 SW 124th Ave Miami, FL 33170

Estimated Value: $1,953,000

-- Bed
-- Bath
167,190 Sq Ft
$12/Sq Ft Est. Value

Last Sold February 05, 2015

Last sale price $600,000 $4 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $11,836/month

216 Days on Market

Highlights

  • 3.84 Acre Lot
  • Corner Lot
  • No HOA

About This Home

As of February 2015

REO Land - Development Opportunity - Over 3 acres with frontage to S Dixie Hwy / US-1. Zoning may allow up to 53 dwelling units total. Possible commercial or mixed-use.

Last Agent to Sell the Property

Gabriel Reategui

Reategui R.E. & Investments License #3035863 Listed on: 04/11/2014

Last Buyer's Agent

Linette Guerra

MMLS Assoc.-Inactive Member License #3122503

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,700

Lot Details

  • 3.84 Acre Lot
  • Lot Dimensions are 250x675
  • Corner Lot
  • Cleared Lot
  • Additional Parcels

Home Design

Community Details

  • No Home Owners Association
  • Silver Palm Park Condos
  • Silver Palm Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-69-13-011-1070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,700

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Multi Family
  • Directions: US-1 TO SW 228 STREET
  • Horses: No
  • Lot Size Acres: 3.84
  • Lot Size: 250x675
  • New Construction: No
  • Road Frontage Type: Public Road, U.S. Highway
  • Structure Type: Multi Family
  • Subdivision Name: SILVER PALM PARK
  • Special Features: 20

Interior Features

  • Possible Use: Investment, Other Plan Use

Exterior Features

  • Lot Features: Corner Location, Corner Lot, County Location, 2.5-5 Acres, Cleared Land, No Bldg Included
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SILVER PALM PARK

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Other Utilities Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 30-69-13-011-1070
  • Additional Parcels: Yes
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units), Unimproved Single Family (5+ Lots)
  • Lot Size Sq Ft: 167190
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 6700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
Jan 16, 2015
Sold by
Sunny Bright Holdings Limited
Bought by
Norfrato Group Llc
Seller's Agent
Gabriel Reategui
Reategui R.E. & Investments
Buyer's Agent
Linette Guerra
MMLS Assoc.-Inactive Member
List Price
$849,000
Sold Price
$600,000
Premium/Discount to List
-$249,000
-29.33%
Current Estimated Value
$1,953,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,353,000
Avg. Annual Appreciation
11.63%

Purchase Details

Closed on
Jul 9, 2012
Sold by
Silver Palms Holdings Llc
Bought by
Sunny Bright Holdings Limited

Purchase Details

Closed on
Aug 1, 2005
Sold by
Ikpe Helen
Bought by
Silver Palms Holdings 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
Norfrato Group Llc $600,000 Attorney
Sunny Bright Holdings Limited $720,000 Attorney
Silver Palms Holdings Llc $1,505,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2015 02/05/15 Sold $600,000 -29.3% $4 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $849,000 -- $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 $18,504 $1,046,292 -- --
2024 $16,590 $951,175 -- --
2023 $16,590 $864,705 $0 $0
2022 $14,214 $786,096 $0 $0
2021 $12,860 $714,633 $0 $0
2020 $12,219 $754,565 $740,408 $14,157
2019 $12,469 $872,056 $857,720 $14,336
2018 $10,076 $656,686 $642,171 $14,515
2017 $9,727 $488,106 $0 $0
2016 $7,939 $443,733 $0 $0
2015 $4,364 $239,004 $0 $0
2014 -- $239,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gabriel Reategui

    Seller's Agent in 2015

    Gabriel Reategui

    Reategui R.E. & Investments

    (786) 505-3371

    19 Total Sales

    Gabriel Reategui
    Section Image

  • L

    Buyer's Agent in 2015

    Linette Guerra

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1934939

MIAMI REALTORS® MLS

APN: 30-6913-011-1070

Florida Miami/Dade County Miami 33170

22855 SW 124th Ave, Miami, FL

Not Listed for Sale

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