NOT LISTED FOR SALE

Miami, FL 33137

Midtown Neighborhood

Estimated Value: $7,578,206

0.13 Acre
$57,410,652 Price per Acre
5,775 Sq Ft Lot

Last Sold June 30, 2014

Last sale price $650,000 $309 Per Sq Ft

Est. 1,066% increase in value since last sale

Current estimated payment $48,615/month

165 Days on Market

Highlights

  • 0.13 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

As of June 2014

Great opportunity in the heart of Midtown. Corner lot between Biscayne Blvd. and NE 2nd Avenue. Zoned C-1, Lot size 55x105. Has excisting building but being sold for land value.

Last Agent to Sell the Property

Frank Obregon

New Era Solutions, Inc. License #0644873 Listed on: 02/01/2014

Last Buyer's Agent

Simon Karam

Fininvest Realty Corp. License #3254575

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,663

Year Built

  • Built in 1951

Lot Details

  • 5,775 Sq Ft Lot
  • Lot Dimensions are 55x105
  • Corner Lot
  • Property is zoned 61/COMME

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Broadmoor Condos
  • Broadmoor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-013-1330

Property Details

Property Type

Land

Est. Annual Taxes

$5,663

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Year Built: 1951
  • Horses: No
  • Lot Size Acres: 0.132
  • Lot Size: 55x105
  • New Construction: No
  • Road Frontage Type: Public Road
  • Structure Type: Other
  • Subdivision Name: BROADMOOR
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, None

Exterior Features

  • Lot Features: City Location, Corner Lot, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BROADMOOR

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Other Utilities Available, Water Connected, Electricity Available, Other, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-30-013-1330
  • Additional Parcels: No
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units), Other Usage, Other Style
  • Lot Size Sq Ft: 5775
  • Zoning: 61/COMME
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 5663

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2021
Sold by
Midtown Plaza Llc
Bought by
Electric Feel Realty Qozb Llc
Current Estimated Value
$7,578,206

Purchase Details

Closed on
Jun 1, 2016
Sold by
29 Street Acquisition Llc
Bought by
Midtown Plaza Llc

Purchase Details

Listed on
Feb 1, 2014
Closed on
Jun 26, 2014
Sold by
Hervis Maximo R and Hervis Maria J
Bought by
29 Street Acquisition Llc
Seller's Agent
Frank Obregon
New Era Solutions, Inc.
Buyer's Agent
Simon Karam
Fininvest Realty Corp.
List Price
$875,000
Sold Price
$650,000
Premium/Discount to List
-$225,000
-25.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.74%
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
Electric Feel Realty Qozb Llc $5,550,000 Attorney
Midtown Plaza Llc -- Attorney
29 Street Acquisition Llc $650,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Electric Feel Realty Qozb Llc $7,000,000
Previous Owner Edgewater Opportunities 29 Llc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $650,000 -25.7% $309 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $875,000 -- $416 / 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 $87,886 $4,387,000 $2,256,400 $2,130,600
2024 $90,181 $4,387,000 $2,143,580 $2,243,420
2023 $90,181 $4,387,000 $2,115,375 $2,271,625
2022 $90,439 $4,387,000 $1,692,300 $2,694,700
2021 $42,054 $1,979,327 $1,269,225 $710,102
2020 $41,143 $2,120,352 $1,410,250 $710,102
2019 $44,625 $2,090,536 $1,410,250 $680,286
2018 $20,295 $1,015,380 $1,015,380 $0
2017 $22,021 $1,039,500 $0 $0
2016 $19,861 $858,687 $0 $0
2015 $18,877 $780,625 $0 $0
2014 $8,696 $277,243 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2014

    Frank Obregon

    New Era Solutions, Inc.

    (305) 710-7345

    22 Total Sales

    Frank Obregon
    Section Image
  • Simon Karam

    Buyer's Agent in 2014

    Simon Karam

    Fininvest Realty Corp.

    (305) 972-4973

    4 Total Sales

    Simon Karam
    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A1901655

MIAMI REALTORS® MLS

APN: 01-3230-013-1330

Florida Miami/Dade County Miami 33137

Midtown

This home since 01 February 2014 and is currently estimated at $7,578,206, approximately $3,603 per square foot. This property was built in 1951. This home is a home located in Miami-Dade County with nearby schools including Eneida M. Hartner Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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