NOT LISTED FOR SALE
0.77 Acre
-- Price per Acre
33,750 Sq Ft Lot

Sale Details

Date 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

  • 33,750 Sq Ft 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

0.77 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2013
Closed on
Apr 23, 2014
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
Jul 5, 1995
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$900,000 Attorney
-- Attorney
$350,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $30,023,437
Closed $10,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1884702

MIAMI REALTORS® MLS

APN: 01-4104-037-1060

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