NOT LISTED FOR SALE

Estimated Value: $1,893,478

1.21 Acres
$1,564,858 Price per Acre
52,708 Sq Ft Lot

Last Sold March 05, 2013

Last sale price $599,000 $11 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $11,958/month

245 Days on Market

About This Lot

As of March 2013

LOCATION LOCATION.corporate owned PRIME INDUSTRIAL EQUIPMENT YARD AND CLEARSPAN CONCRETE WAREHOUSE IN FLORIDA CITY(SOUTHERN MIAMI DADE) SURROUNDED BY BIG BOX STORES, BJ'S OFFICE DEPOT, HOME DEPOT ETC. TWO BLOCKS EAST OF US 1. STRATEGICALY LOCATED NEAR FL TURNPIKE. COMPLETELY PAVED YARD, DOCK HEIGHT LOADING, HUGE CEILING HEIGHT OVER 24 FEET, FENCED YARD, SECURITY SYSTEM 4 OFFICES, RETAIL COUNTER AND SHOP

Last Agent to Sell the Property

Sally Stribling

Coldwell Banker Schmitt R.E. License #3159204 Listed on: 07/09/2012

Coldwell Banker Schmitt R.E.

Last Buyer's Agent

Sally Stribling

Coldwell Banker Schmitt R.E. License #3159204 Listed on: 07/09/2012

Coldwell Banker Schmitt R.E.

Property Details

Property Type

  • Land

Year Built

  • Built in 1967

Lot Details

  • 1.21 Acre Lot
  • Property is zoned 70/INDUS

Community Details

  • No Home Owners Association
  • Miami Land & Development Condos
  • Miami Land & Development Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16-79-19-001-0211

Property Details

Property Type

Land

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Year Built: 1967
  • Property Sub Type: Industrial
  • Directions: US 1 TO LUCY STREET EAST ON LUCY, PROPERTY ON RIGHT
  • Horses: No
  • Lot Size Acres: 1.21
  • New Construction: No
  • Road Frontage Type: Legal Access Road, City/County Maintained, Main Thoroughfare
  • Road Surface Type: Paved
  • Structure Type: Industrial
  • Subdivision Name: MIAMI LAND & DEVELOPMENT
  • Special Features: 4116

Interior Features

  • Possible Use: Primary, Industrial

Exterior Features

  • Lot Features: Central Business District, Commerce Park, Industrial Park, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MIAMI LAND & DEVELOPMENT

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 16-79-19-001-0211
  • Additional Parcels: No
  • Current Use: Unimproved Industrial/Mfg/Warehouse
  • Lot Size Sq Ft: 52708
  • Zoning: 70/INDUS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 17515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Ward Joseph G and Ward Krystal
Bought by
257 East Lucy Street Llc
Current Estimated Value
$1,893,478

Purchase Details

Closed on
Oct 3, 2024
Sold by
Ward Joseph G and Ward Family Trust
Bought by
Ward Joseph G and Ward Krystal

Purchase Details

Listed on
Jul 9, 2012
Closed on
Feb 25, 2013
Sold by
Dion Rental Properties Llc
Bought by
Ward Joseph G
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt R.E.
Buyer's Agent
Sally Stribling
Coldwell Banker Schmitt R.E.
List Price
$649,000
Sold Price
$599,000
Premium/Discount to List
-$50,000
-7.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
May 14, 2012
Sold by
Fabel Business Enterprises Inc
Bought by
Dion Rental Properties Llc

Purchase Details

Closed on
Aug 2, 2004
Sold by
Dion Rental Properties Llc
Bought by
Fabel Business Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 21, 2003
Sold by
Dion Lawrence R
Bought by
Dion Rental Properties Llc

Purchase Details

Closed on
Apr 21, 2000
Sold by
Strickland Barbara S
Bought by
Home Depot U S A Inc
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
257 East Lucy Street Llc -- None Listed On Document
Ward Joseph G -- None Listed On Document
Ward Joseph G $599,000 Gateway Title & Closing Co L
Dion Rental Properties Llc $390,000 Attorney
Fabel Business Enterprises Inc $750,000 --
Dion Rental Properties Llc -- --
Home Depot U S A Inc $546,900 --
Home Depot Usa Inc $227,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fabel Business Enterprises Inc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2013 03/05/13 Sold $599,000 -7.7% $11 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
06/29/2012 06/29/12 For Sale $649,000 -- $12 / 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 $19,695 $794,663 -- --
2024 $14,803 $722,421 -- --
2023 $14,803 $656,747 $0 $0
2022 $13,173 $597,043 $357,406 $239,637
2021 $13,147 $572,320 $357,406 $214,914
2020 $13,206 $587,247 $370,170 $217,077
2019 $12,310 $580,765 $370,170 $210,595
2018 $10,562 $468,981 $255,290 $213,691
2017 $10,748 $472,077 $0 $0
2016 $11,356 $490,543 $0 $0
2015 $11,398 $484,705 $0 $0
2014 $11,671 $479,997 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1662319

MIAMI REALTORS® MLS

APN: 16-7919-001-0211