NOT LISTED FOR SALE
-- Bed
-- Bath
5,500 Sq Ft
5,500 Sq Ft Lot

Highlights

  • No HOA
  • Security Fence
  • No Heating
  • Storage
  • Concrete Flooring
  • 1-Story Property

About This Home

As of September 2012

Wynwood Area, 1 block from NW 2 Ave., near all the restaurants, coffee houses, art studios/exhibits in Wynnwood Arts District. Up to 49% of interior space may be used as Work/Live space per Miami 21 Zoning Code Building Function Uses with Certificate of Use application & approval by City of Miami of submitted plans. 1500 SF leaseable space.

Last Agent to Rent the Property

Neil Christiansen

MMLS Assoc.-Inactive Member License #0150932 Listed on: 06/11/2012

Last Renter's Agent

Neil Christiansen

MMLS Assoc.-Inactive Member License #0150932 Listed on: 06/11/2012

Property Details

Property Type

  • Other

Year Built

  • Built in 1936

Lot Details

  • 5,500 Sq Ft Lot
  • Security Fence
  • Property is zoned 70/INDUS

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • Storage
  • Concrete Flooring

Parking

  • 1 Parking Space
  • Free Parking

Location

  • City Lot

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 7 Units
  • 275 Nw 27 St., Miami, Fl Condos

Listing and Financial Details

  • 1 To 3 Year Lease,Annual Lease Lease Term
  • Assessor Parcel Number 01-31-25-031-0140

Property Details

Property Type

Other

Year Built

Built in 1936

Lot Details

0

Rental Info

  • Lease Term: 1 To 3 Year Lease,Annual Lease

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1936
  • Property Sub Type: Lease
  • Business Type: Industrial, Warehouse Space
  • Directions: S. FROM I-195 ON N.MIAMI AVE. TO NW 29 ST., GO W. TO NW 2 AVE., GO S. TO NW 27 ST., GO W. 3/4 OF BLOCK TO PROPERTY ON N. SIDE OF STREET. SPACE IS S. 1/2 OF BUILDING.
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Lease
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Stories: 1

Interior Features

  • Door Features: Overhead Doors
  • Flooring: Concrete
  • Number Of Buildings: 1
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Metal Roof
  • Construction Type: CBS Construction, Sheet Rock
  • Fencing: Fenced
  • Lot Features: City Location
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 275 NW 27 St., Miami, FL
  • Parking Features: Free Parking
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sanitation
  • Water Source: Public
  • Green Building Features: Storage, Light Traffic
  • Cooling: None
  • Cooling Y N: No
  • Electric: 110 Volts Power
  • Electricity On Property: Yes
  • Heating: None
  • Heating Yn: No
  • Security: No Fire Protection, Security Fence

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-25-031-0140
  • Current Use: Industrial Lease
  • Land Lease: No
  • Lot Size Sq Ft: 5500
  • Zoning: 70/INDUS
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 5032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2021
Sold by
Sv 2700 Owner Llc
Bought by
Prh G40 Property Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500,000
Outstanding Balance
$20,473,325
Interest Rate
2.8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 1, 2016
Sold by
G40 Llc
Bought by
Rs Jz 2700 Nw2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,360,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2013
Sold by
Wegman Leon A and Wegman April L
Bought by
G & 42 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
Prh G40 Property Owner Llc $26,500,000 Attorney
Rs Jz 2700 Nw2 Llc $30,750,000 Attorney
G & 42 Llc $1,300,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prh G40 Property Owner Llc $22,500,000
Previous Owner Rs Jz 2700 Nw2 Llc $21,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2012 09/13/12 Rented $12 -99.9% --
09/13/2012 09/13/12 Under Contract -- -- --
06/11/2012 06/11/12 For Rent $13,500 -- --
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 $34,235 $1,700,053 -- --
2024 $36,110 $1,545,503 -- --
2023 $36,110 $1,609,147 $0 $0
2022 $37,620 $1,792,861 $1,787,500 $5,361
2021 $38,753 $1,792,918 $1,787,500 $5,418
2020 $37,942 $1,792,974 $1,787,500 $5,474
2019 $36,526 $1,793,031 $1,787,500 $5,531
2018 $32,818 $1,655,587 $1,650,000 $5,587
2017 $35,073 $1,655,644 $0 $0
2016 $17,982 $404,005 $0 $0
2015 $11,291 $368,452 $0 $0
2014 $8,018 $353,534 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1651740

MIAMI REALTORS® MLS

APN: 01-3125-031-0140