NOT LISTED FOR SALE

Estimated Value: $942,000 - $1,286,000

0.12 Acre
$8,962,210 Price per Acre
5,400 Sq Ft Lot

Last Sold March 06, 2024

Last sale price $1,070,000 $710 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,225/month

54 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • 5-minute walk to Elizabeth Virrick Park
  • Coral Gables Senior High School Rated A-

About This Lot

As of March 2024

Remarkable development opportunity in the coveted neighborhood of Coconut Grove. This duplex is priced at land value. Plans in the works for a pair of 3-bedroom, 3.5-bathroom townhomes totaling 4,076 interior sq.ft. and outfitted with pools, garages, and smart home features. This presents an enticing prospect for developers with excellent post construction value.

Nestled between Bird Rd and Shipping Ave, this lot stands as one of the last undeveloped parcels on the block. With a limited inventory of buildable lots remaining, this property represents a rare find in the rapidly evolving landscape of the Grove. Don't miss out on this unique chance to contribute to the growth and transformation of this vibrant community.

Last Agent to Sell the Property

Gatien Salaun

Coldwell Banker Realty License #3347568 Listed on: 12/14/2023

Coldwell Banker Realty

Last Buyer's Agent

Viviana Pulido

Great Properties International LLC License #3106427

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,439

Lot Details

  • 5,400 Sq Ft Lot
  • West Facing Home
  • Landscaped with Trees
  • Property is zoned 5700

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Carters Addn To C Gr Condos
  • Carters Addn To C Gr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-002-0180

Property Details

Property Type

Land

Est. Annual Taxes

$14,439

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.124
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: CARTERS ADDN TO C GR
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot, Other
  • Other Structures: Well Kept
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CARTERS ADDN TO C GR

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-21-002-0180
  • Additional Parcels: No
  • Current Use: Multi-Family, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 5400
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14439

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Mar 6, 2024
Sold by
Discover Miami Llc
Bought by
Sitekol Group Llc
Seller's Agent
Gatien Salaun
Coldwell Banker Realty
Buyer's Agent
Viviana Pulido
Great Properties International LLC
List Price
$1,200,000
Sold Price
$1,070,000
Premium/Discount to List
-$130,000
-10.83%
Views
57
Current Estimated Value
$1,111,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,314
Avg. Annual Appreciation
2.32%

Purchase Details

Closed on
Aug 17, 2022
Sold by
Duany Sarmiento Manuel
Bought by
Discover Miami Llc

Purchase Details

Listed on
Dec 3, 2021
Closed on
Mar 7, 2022
Sold by
Theresa Patterson Gail
Bought by
Sarmiento Ian Manuel Duany and Saavedra Alexandra Marie
Seller's Agent
Shaylon Wilson
Wharton Realty Group, LLC
Buyer's Agent
Jose Izquierdo
Grand Lion Real Estate Group LLC
List Price
$758,500
Sold Price
$758,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
May 18, 2015
Sold by
Patterson Gail Theresa
Bought by
Patterson Kelli Thais and Patterson Gail Theresa
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
Sitekol Group Llc $1,070,000 None Listed On Document
Discover Miami Llc -- Perdigon Dearr
Discover Miami Llc -- Perdigon Dearr
Sarmiento Ian Manuel Duany $758,500 Perez And Abello
Patterson Kelli Thais -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2024 03/06/24 Sold $1,070,000 -2.7% $710 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $1,100,000 -8.3% $730 / Sq Ft
12/14/2023 12/14/23 For Sale $1,200,000 +58.2% $797 / Sq Ft
03/08/2022 03/08/22 Sold $758,500 0.0% $507 / Sq Ft View Prior Sale
02/11/2022 02/11/22 Pending -- -- --
12/03/2021 12/03/21 For Sale $758,500 -- $507 / 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 $16,549 $1,002,238 $891,000 $111,238
2024 $14,886 $755,882 -- --
2023 $14,886 $687,166 $594,000 $93,166
2022 $4,942 $202,339 $0 $0
2021 $4,403 $186,272 $0 $0
2020 $4,002 $236,951 $0 $0
2019 $3,817 $236,150 $0 $0
2018 $0 $235,502 $0 $0
2017 $3,355 $136,133 $0 $0
2016 $3,040 $126,141 $0 $0
2015 $1,980 $117,460 $0 $0
2014 $1,980 $109,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11498133

MIAMI REALTORS® MLS

APN: 01-4121-002-0180