NOT LISTED FOR SALE

Estimated Value: $869,000 - $1,248,000

0.14 Acre
$7,788,857 Price per Acre
6,250 Sq Ft Lot

Last Sold April 14, 2022

Last sale price $825,000 $782 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,307/month

126 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Fenced
  • Coconut Grove Elementary School Rated A

About This Lot

As of April 2022

This highly desirable lot ready for redevelopment at the corner of McDonald and Day in Coconut Grove is back on the market. This property is Zoned Duplex, ready for plans and permits. Vintage 1930 home currently on the property so utilities are already available. Owner occupied - Please do not disturb! Lot completely fenced; no access.
Contact Listing Agent with questions and showing requests.

Last Agent to Sell the Property

Tracey Preston

MMLS Assoc.-Inactive Member License #3054958 Listed on: 11/23/2021

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Nordis Forcade-Martin

Keller Williams Capital Realty License #3407305

Keller Williams Capital Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,391

Lot Details

  • 6,250 Sq Ft Lot
  • Southeast Facing Home
  • Fenced
  • Corner Lot
  • Property is zoned 5700

Location

  • City Lot

Utilities

  • Phone Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palmhurst Condos
  • Palmhurst Subdivision

Listing and Financial Details

  • Tax Lot 6250
  • Assessor Parcel Number 01-41-21-001-1600

Property Details

Property Type

Land

Est. Annual Taxes

$2,391

Lot Details

6,250 Sq Ft Lot

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: Use GPS
  • Horses: No
  • Lot Size Acres: 0.1435
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Paved Road, Public Road
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Residential
  • Subdivision Name: PALMHURST
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: Southeast
  • Fencing: Fenced
  • Lot Features: City Location, Corner Location, Near School, Fenced, Other
  • Other Structures: Livable
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PALMHURST

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-21-001-1600
  • Additional Parcels: No
  • Current Use: Zoned Duplex, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 6250
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2391
  • Tax Lot: 6250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Apr 15, 2022
Sold by
Lee Harris Vicki
Bought by
Domingo Dream Llc
Seller's Agent
Tracey Preston
MMLS Assoc.-Inactive Member
Buyer's Agent
Nordis Forcade-Martin
Keller Williams Capital Realty
List Price
$990,000
Sold Price
$825,000
Premium/Discount to List
-$165,000
-16.67%
Current Estimated Value
$1,117,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,701
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Dec 28, 1998
Sold by
Palm East Development Corp
Bought by
Harris Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1997
Sold by
Brice Christine A
Bought by
First National Bank
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

Date Buyer Sale Price Title Company
Domingo Dream Llc $825,000 Stewart Title
Harris Vicki L $128,000 --
Palm East Development Corp $100 --
First National Bank $159,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner First National Bank $235,000
Previous Owner First National Bank $25,000
Previous Owner First National Bank $121,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Sold $825,000 -16.7% $782 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
11/23/2021 11/23/21 For Sale $990,000 -- $938 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $17,898 $922,402 -- --
2024 $16,051 $838,548 -- --
2023 $16,051 $762,317 $687,500 $74,817
2022 $2,410 $140,499 $0 $0
2021 $2,391 $136,407 $0 $0
2020 $2,358 $134,524 $0 $0
2019 $2,298 $131,500 $0 $0
2018 $2,204 $129,049 $0 $0
2017 $2,173 $126,395 $0 $0
2016 $2,174 $123,796 $0 $0
2015 $2,192 $122,936 $0 $0
2014 $2,211 $121,961 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11128365

MIAMI REALTORS® MLS

APN: 01-4121-001-1600

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