NOT LISTED FOR SALE

3141 SW 8th St Miami, FL 33135

West Flagler Neighborhood
0.77 Acre
-- Price per Acre
33,750 Sq Ft Lot

Last Sold April 25, 2014

Last sale price $2,300,000 $68 Per Sq Ft

21 Days on Market

About This Lot

As of April 2014

Development assemblage within the City of Miami. Currently the property consist of four income producing properties; Two hotels, one restaurant and one paint store. The annual gross income is approximately $200,000 (not verified). These properties are cur rently zoned hotel/motels, multifamily urban core T6-8-0 zone including commercial, civic, educational and industrial.This site can be developed as apartments, or a hotel with retail stores and restaurants on ground floor.

Last Agent to Sell the Property

Louis Erice

Keller Williams Realty Premier Properties License #0575790 Listed on: 12/23/2013

Keller Williams Realty Premier Properties

Last Buyer's Agent

Rodney Langer

MMLS Assoc.-Inactive Member License #3052334

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,357

Year Built

  • Built in 1950

Lot Details

  • 0.77 Acre Lot
  • Additional Parcels
  • Property is zoned 61/COMME

Location

  • City Lot

Utilities

  • Phone Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Coral Nook Condos
  • Coral Nook Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-04-037-1060

Property Details

Property Type

Land

Est. Annual Taxes

$15,357

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Year Built: 1950
  • Property Sub Type: Commercial
  • Directions: SW 8 STREET BETWEEN 31 AND 32 AVENUE
  • Horses: No
  • New Construction: No
  • Road Frontage Type: Public Road
  • Structure Type: Commercial
  • Subdivision Name: CORAL NOOK
  • Special Features: None

Interior Features

  • Possible Use: Investment, Other Plan Use

Exterior Features

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

Garage/Parking

  • Park Building Name: CORAL NOOK

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-04-037-1060
  • Additional Parcels: Yes
  • Current Use: Unimproved Hotel/Motel
  • Lot Size Sq Ft: 33750
  • Zoning: 61/COMME
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 15357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2013
Closed on
Apr 23, 2014
Sold by
El Nido Of Florida Motel Inc
Bought by
Value Store It Little Havana Llc
Seller's Agent
Louis Erice
Keller Williams Realty Premier Properties
Buyer's Agent
Rodney Langer
MMLS Assoc.-Inactive Member
List Price
$2,700,000
Sold Price
$2,300,000
Premium/Discount to List
-$400,000
-14.81%

Purchase Details

Closed on
Mar 5, 2012
Sold by
Fernandez Ernesto G and Fernandez Ana E
Bought by
El Nido Of Florida Motel Inc

Purchase Details

Closed on
Jul 5, 1995
Sold by
Fernandez Orozco Josefina and Fernandez Orozco Josephina
Bought by
Fernandez Ernesto G and Fernandez Ana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.64%

Purchase Details

Closed on
Jun 30, 1994
Sold by
Fernandez Orozco Josephina and Fernandez Pedro
Bought by
Orozco Josephina Fernandez and Orozco Josephina
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
Value Store It Little Havana Llc $900,000 Attorney
El Nido Of Florida Motel Inc -- Attorney
Fernandez Ernesto G $350,000 --
Orozco Josephina Fernandez -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Ernesto G $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $2,300,000 -14.8% $68 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
12/23/2013 12/23/13 For Sale $2,700,000 -- $80 / 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 $257,432 $12,400,927 -- --
2024 $248,266 $11,273,570 -- --
2023 $248,266 $10,248,700 $0 $0
2022 $211,331 $9,317,000 $0 $0
2021 $188,936 $8,470,000 $0 $0
2020 $173,066 $8,972,412 $2,531,250 $6,441,162
2019 $186,577 $8,740,463 $2,531,250 $6,209,213
2018 $183,266 $8,749,707 $2,531,250 $6,218,457
2017 $37,869 $1,670,625 $0 $0
2016 $33,148 $1,518,750 $0 $0
2015 $16,750 $753,313 $0 $0
2014 $15,489 $682,985 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Louis Erice

    Seller's Agent in 2014

    Louis Erice

    Keller Williams Realty Premier Properties

    (561) 294-7272

    1 in this area

    22 Total Sales

    Louis Erice
    Section Image

  • R

    Buyer's Agent in 2014

    Rodney Langer

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1884702

MIAMI REALTORS® MLS

APN: 01-4104-037-1060

Florida Miami/Dade County Miami 33135 West Flagler

3141 SW 8th St, Miami, FL

This home is located at 3141 SW 8th St, Miami, FL 33135 since 23 December 2013. This property was built in 1950. 3141 SW 8th St is a home located in Miami-Dade County with nearby schools including Auburndale Elementary School, Citrus Grove Middle School, and Miami 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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