$2,000,000

Estimated payment $12,493/month

Total Views 1,149
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime Development Opportunity in Wynwood Art District! Exceptional multifamily development site zoned T6-8-O, allowing up to 43 units across 12 stories. Ideal for developers or joint venture partners. Located minutes from Wynwood, the Design District, and just 10 minutes to South Beach, Brickell, and Downtown Miami. Quick access to I-95 ensures effortless commuting. Existing 2BR/1BA + 1BR/1BA on site offers immediate income potential. Front unit rental proforma 4,500/month (commercial use), back unit leased at 1,500/month.

Listing Agent

Alex Ilic

LX Realty LLC License #3462037

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,572

Year Built

  • 1939

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 120x0

Home Design

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Bay Vista Park Condos
  • Bay Vista Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-24-002-1370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,572

Year Built

1939

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Income/MultiFamily
  • Horses: No
  • Lot Size Acres: 0.132
  • Lot Size: 120x0
  • New Construction: No
  • Road Frontage Type: Public Road
  • Subdivision Name: BAY VISTA PARK
  • Special Features: VirtualTour
  • Year Built: 1939

Interior Features

  • Possible Use: Other Plan Use

Exterior Features

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

Garage/Parking

  • Park Building Name: BAY VISTA PARK

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-24-002-1370
  • Current Use: Other Usage, Other Style
  • Lot Size Sq Ft: 5750
  • Zoning: 6100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15572

Map

Range of Values:

Collateral Analytics

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Average Value
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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

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 $11,835 $758,335 $661,250 $97,085
2023 $11,835 $557,255 $460,000 $97,255
2022 $10,175 $445,187 $0 $0
2021 $8,979 $404,716 $345,000 $59,716
2020 $9,000 $404,716 $345,000 $59,716
2019 $10,247 $462,216 $402,500 $59,716
2018 $10,663 $490,966 $431,250 $59,716
2017 $4,128 $123,810 $0 $0
2016 $4,097 $112,555 $0 $0
2015 $3,549 $102,323 $0 $0
2014 $3,205 $93,021 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Price Changed $4,450 0.0% $4 / Sq Ft
05/21/2025 05/21/25 For Sale $2,000,000 0.0% $1,468 / Sq Ft
04/10/2025 04/10/25 For Rent $4,500 0.0% --
03/25/2022 03/25/22 Sold $699,999 -30.0% $583 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $999,999 -- $833 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $990,000 None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed -- 301 Nw House Project Llc
Quit Claim Deed -- Attorney
Special Warranty Deed $41,200 Sunbelt Title Agency
Trustee Deed $40,500 None Available
Warranty Deed $265,000 Attorney
Quit Claim Deed -- Real Property Title Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $742,500 New Conventional
Previous Owner $212,000 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11807301

MIAMI REALTORS® MLS

APN: 01-3124-002-1370