NOT LISTED FOR SALE

3280 Grand Ave Miami, FL 33133

Southwest Coconut Grove Neighborhood
0.3 Acre
-- Price per Acre
13,068 Sq Ft Lot

Last Sold June 18, 2018

Last sale price $4,100,000 $274 Per Sq Ft

953 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 5-minute walk to Kirk Munroe Park
  • Coconut Grove Elementary School Rated A

About This Lot

As of June 2018

DEVELOPMENT OPPORTUNITY BEST PRICE COMMERCIAL PROPERTY IN DOWNTOWN COCONUT GROVE.
HIGH TRAFFIC CORNER w/ 14,953 SF.
T5 O ZONING ALLOWS FOR COMMERCIAL, RESIDENTIAL, HOTEL, MIX USE.
MOST RECENT SALES OF SAME ZONING PROPERTIES CLOSED FOR OVER $1,000/s.f. LAND COST.
IN THE HEART OF THE COMMERCIAL DISTRICT WITH MULTIPLE RESTAURANTS, SHOPS, SALONS, STORES, GYMS, MOVIE THEATER & MANY ATTRACTIONS. WALKING DISTANCE TO MARINA, SAILING CLUBS AND PARKS.
APPROVED PLANS BY CITY OF MIAMI ZONING.

Last Agent to Sell the Property

Maria Alvarez

Beachfront Realty Inc License #3021229 Listed on: 06/29/2015

Beachfront Realty Inc

Last Buyer's Agent

Maria Alvarez

Beachfront Realty Inc License #3021229 Listed on: 06/29/2015

Beachfront Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,505

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 102x145
  • Corner Lot
  • Additional Parcels
  • Property is zoned 61/COMME

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Frow Homestead Condos
  • Frow Homestead Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-007-4530

Property Details

Property Type

Land

Est. Annual Taxes

$20,505

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Year Built: 1964
  • Ownership: Corporation
  • Directions: Corner of Grand Ave and Matilda Street across from CVS Pharmacy.
  • Horses: No
  • Lot Size Acres: 0.3
  • Lot Size: 102x145
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road
  • Subdivision Name: FROW HOMESTEAD
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Urban Commercial

Exterior Features

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

Garage/Parking

  • Park Building Name: FROW HOMESTEAD

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Other Utilities Available, Sewer Connected, Water Connected, Electricity Available, Other, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-21-007-4530
  • Additional Parcels: Yes
  • Current Use: Unimproved Business/Commercial
  • Lot Size Sq Ft: 14953
  • Zoning: 61/COMME
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 20505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Fuse Funding Fund I Llc
Bought by
3280 Grand Llc

Purchase Details

Closed on
May 26, 2021
Sold by
Fuse 5 Holdings Spv Llc
Bought by
Fuse Funding Fund I Llc

Purchase Details

Closed on
Apr 3, 2020
Sold by
Metronomic Place Llc
Bought by
Fuse 5 Holdings Spv Llc

Purchase Details

Listed on
Jun 29, 2015
Closed on
Jun 18, 2018
Sold by
L G 2 Llc
Bought by
Metronomic Place Llc
Seller's Agent
Maria Alvarez
Beachfront Realty Inc
Buyer's Agent
Maria Alvarez
Beachfront Realty Inc
List Price
$4,100,000
Sold Price
$4,100,000

Purchase Details

Closed on
Jan 9, 2006
Sold by
Coconut Grove Fuels Inc
Bought by
L G 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2003
Sold by
Quintana Holdings Inc
Bought by
Coconut Grove Fuels Inc

Purchase Details

Closed on
Apr 29, 2002
Sold by
Wcg R/E Coconut Grove Inc C
Bought by
Quintana Holdings Inc

Purchase Details

Closed on
Oct 1, 1999
Sold by
Krefetz Kenneth L
Bought by
W C G Real Estate Coconut Grove Inc
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
3280 Grand Llc $2,850,000 Attorney
Fuse Funding Fund I Llc -- None Listed On Document
Fuse 5 Holdings Spv Llc $1,500,000 Attorney
Metronomic Place Llc $4,100,000 Attorney
L G 2 Llc $1,500,000 Union Title Services Inc
Coconut Grove Fuels Inc $1,400,000 --
Quintana Holdings Inc $675,000 --
W C G Real Estate Coconut Grove Inc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner L G 2 Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2018 06/18/18 Sold $4,100,000 0.0% $274 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $4,100,000 +2.5% $274 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
06/29/2015 06/29/15 For Sale $4,000,000 -- $268 / 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 $54,525 $2,283,750 $2,283,750 --
2024 $52,673 $2,368,575 -- --
2023 $52,673 $2,153,250 $0 $0
2022 $54,990 $2,414,250 $2,414,250 $0
2021 $46,855 $2,610,000 $2,610,000 $0
2020 $60,547 $2,610,000 $2,610,000 $0
2019 $55,714 $2,610,000 $2,610,000 $0
2018 $33,456 $2,382,426 $2,283,750 $98,676
2017 $27,960 $1,077,577 $0 $0
2016 $26,802 $979,616 $0 $0
2015 $26,011 $890,560 $0 $0
2014 $20,506 $809,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Maria Alvarez

    Beachfront Realty Inc

    Maria Alvarez
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2138169

MIAMI REALTORS® MLS

APN: 01-4121-007-4530

Florida Miami/Dade County Miami 33133 Southwest Coconut Grove

3280 Grand Ave, Miami, FL

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