NOT LISTED FOR SALE

Estimated Value: $603,000 - $643,200

0.24 Acre
$2,596,250 Price per Acre
10,359 Sq Ft Lot

Last Sold June 26, 2023

Last sale price $550,000 $399 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,032/month

476 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 2-minute walk to Allapattah

About This Lot

As of June 2023

Site plan approved and nearly permit approved with MEPS/engineering submitted. Allapattah Development Site with plans for 5 units just west of Wynwood & within 1.5 blocks of the Allaptattah Metrorail Station. Located within minutes of the University of Miami Hospital District & Medical Campuses south on NW 12th Ave, Wynwood, the Design District & Edgewater. Also close to Moore Park, Presidente Supermarket & Hometown BBQ. Plans for 5 total units with the following unit mix: 2 – very large 3 bed & 2 bath with garages; 1 – 800 SF +/- apt of 2 bed & 1 baths; & 2 – 800 +/-SF Apts of 2 bed & 2 baths. Plans transfer with purchase. Buyer pays permit and impact fees post-closing to initiate construction.

Last Agent to Sell the Property

Brian Carter, MBA, CCIM

Douglas Elliman License #3022095 Listed on: 01/31/2022

Douglas Elliman

Co-Listed By

Daniel Hernandez

MMLS Assoc.-Inactive Member License #3347083

Last Buyer's Agent

William Rios

Florida Capital Realty License #3149903

Florida Capital Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,135

Lot Details

  • 10,359 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Dirt Road
  • Corner Lot
  • Property is zoned 5700

Location

  • City Lot

Community Details

  • No Home Owners Association
  • West End Park Amd Condos
  • West End Park Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-26-039-0700

Property Details

Property Type

Land

Est. Annual Taxes

$5,135

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Partnership
  • Co List Office Mls Id: DEOM10
  • Co List Office Phone: 305-677-5000
  • Directions: Contact agent for plans and details. Drive by - sign on property. Site Plan Approved & nearly permit ready. Plans transfer with purchase. Buyer pays permit and impact fees post-closing to initiate construction.
  • Horses: No
  • Lot Size Acres: 0.24
  • Lot Size: 50x140
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: WEST END PARK AMD
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Unknown/Withheld, Central Urban, Transition, Urban Commercial

Exterior Features

  • Lot Features: City Location, Corner Location, Corner Lot, Urban Area Development, Dirt, 1-2.5 Acres, No Bldg Included
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WEST END PARK AMD

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Green Building Features: Sidewalk, Street Lights
  • Utilities: Water Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-26-039-0700
  • Additional Parcels: No
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 10359
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Jun 26, 2023
Sold by
Resicom Inc
Bought by
3228 Nw 12Th Ave Qozb Llc
Seller's Agent
Brian Carter, MBA, CCIM
Douglas Elliman
Buyer's Agent
William Rios
Florida Capital Realty
List Price
$699,000
Sold Price
$550,000
Premium/Discount to List
-$149,000
-21.32%
Views
4
Current Estimated Value
$623,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,100
Avg. Annual Appreciation
5.50%
Original Mortgage
$150,000
Outstanding Balance
$146,273
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$476,827

Purchase Details

Closed on
May 10, 2022
Sold by
Resicom Inc
Bought by
Resicom Inc

Purchase Details

Closed on
Mar 7, 2022
Sold by
Land Enhancement Group Llc
Bought by
Resicom Inc

Purchase Details

Closed on
Jun 13, 2020
Sold by
Pedrosa Ana Maria
Bought by
Enhancement Group Llc

Purchase Details

Closed on
Feb 17, 2016
Sold by
Hernandez Maykel and Pedrosa Ana Maria
Bought by
Pedrosa Ana Maria and The Ana Maria Pedrosa Revocable Trust

Purchase Details

Listed on
Aug 6, 2014
Closed on
Oct 29, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hernandez Maykel and Pendora Ana Maria
Seller's Agent
Jose Fente
Tropical Realty, Inc.
Buyer's Agent
Mindy liu
Florida Realty of Miami Corp
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.52%

Purchase Details

Closed on
Jan 9, 2014
Sold by
Pnc Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 19, 2013
Sold by
Criado Jose M
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Dec 29, 1995
Sold by
Cruz Ana A De La
Bought by
Criado Jose M and Criado Isel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.29%
Mortgage Type
New Conventional
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
3228 Nw 12Th Ave Qozb Llc $550,000 None Listed On Document
Resicom Inc -- New Title Company Name
Resicom Inc -- New Title Company Name
Enhancement Group Llc $215,000 Clear Title Group
Pedrosa Ana Maria -- Attorney
Hernandez Maykel $80,000 Ras Title Llc
Federal Home Loan Mortgage Corporation -- None Available
Pnc Bank National Association $82,100 None Available
Criado Jose M $71,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3228 Nw 12Th Ave Qozb Llc $150,000
Previous Owner Criado Jose M $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2023 06/26/23 Sold $550,000 -21.3% $399 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $699,000 0.0% $507 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
05/25/2022 05/25/22 Price Changed $699,000 +16.7% $507 / Sq Ft
04/14/2022 04/14/22 Price Changed $599,000 -4.8% $435 / Sq Ft
01/31/2022 01/31/22 For Sale $629,000 +686.3% $456 / Sq Ft
10/29/2014 10/29/14 Sold $80,000 -15.7% $42 / Sq Ft View Prior Sale
10/13/2014 10/13/14 Pending -- -- --
08/05/2014 08/05/14 For Sale $94,900 -- $50 / 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 $9,252 $474,780 $474,780 --
2024 $10,514 $461,829 $461,829 --
2023 $10,514 $455,796 $455,796 $0
2022 $6,289 $265,877 $0 $0
2021 $5,135 $241,707 $241,707 $0
2020 $1,947 $202,431 $202,431 $0
2019 $1,095 $89,000 $89,000 $0
2018 $2,257 $79,391 $44,500 $34,891
2017 $2,065 $61,591 $0 $0
2016 $2,104 $61,591 $0 $0
2015 $2,130 $61,591 $0 $0
2014 $2,136 $60,684 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11153768

MIAMI REALTORS® MLS

APN: 01-3126-039-0700