NOT LISTED FOR SALE

Estimated Value: $4,175,000

0.2 Acre
$20,875,000 Price per Acre
7,820 Sq Ft Lot

Last Sold August 26, 2014

Last sale price $2,025,000 $259 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $26,663/month

166 Days on Market

About This Lot

As of August 2014

ATTENTION BUILDERS, DEVELOPERS, INVESTORS. Current plan allows 39 UNITS, 19 floors, 57 parking. TR 6 and new MIAMI 21 Laws allow as many floors as long as you have enough parking. Seller will deliver clean title, design and feasibility study down on the l and with title insurance on both plots. Both lots are sold together. Total lots sq.ft 11,500. Buildable sq. is over 50,000. Surveys on both lots will be provided with the official approval letter from the city on the project.

Last Agent to Sell the Property

Aleksandra Marzec

The World Realty, Inc License #3035514 Listed on: 03/17/2014

Co-Listed By

Haritash Tahmasebpour

MMLS Assoc.-Inactive Member License #3255060

Last Buyer's Agent

Phillip Yaffa

MMLS Assoc.-Inactive Member License #SEF

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,959

Lot Details

  • 7,820 Sq Ft Lot
  • South Facing Home
  • Landscaped with Trees
  • Property is zoned 64/COMM

Home Design

  • 7,820 Sq Ft Home

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Beverly Terr Condos
  • Beverly Terr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-009-0080

Property Details

Property Type

Land

Est. Annual Taxes

$4,959

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Horses: No
  • Lot Size Acres: 0.2
  • New Construction: No
  • Road Frontage Type: Other Road
  • Structure Type: Other
  • Subdivision Name: BEVERLY TERR
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: South
  • Lot Features: City Location, Less Than 1/4 Acre Lot, Other
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BEVERLY TERR

Utilities

  • Sewer: Other
  • Water Source: Other
  • Utilities: Other Utilities Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-30-009-0080
  • Additional Parcels: No
  • Current Use: Multi-Family, Other Usage
  • Development Status: Other
  • Lot Size Sq Ft: 7820
  • Zoning: 64/COMM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4959

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Miami Sunrise Properties Llc
Bought by
3333 Biscayne Llc
Current Estimated Value
$4,175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,875,000
Outstanding Balance
$38,160,183
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2014
Sold by
1031 Miami Sunrise Holding Llc
Bought by
Miami Sunrise Properties Llc

Purchase Details

Listed on
Mar 17, 2014
Closed on
Aug 25, 2014
Sold by
Alfa Acquisitions Llc
Bought by
1031 Miami Sunrise Holding Llc
Seller's Agent
Aleksandra Marzec
The World Realty, Inc
Buyer's Agent
Phillip Yaffa
MMLS Assoc.-Inactive Member
List Price
$1,980,000
Sold Price
$2,025,000
Premium/Discount to List
$45,000
2.27%

Purchase Details

Closed on
Feb 25, 2014
Sold by
Manaez Llc
Bought by
Alfa Acquisitions Llc

Purchase Details

Closed on
Dec 29, 2011
Sold by
Tboreo Llc
Bought by
Manaez Llc

Purchase Details

Closed on
May 25, 2010
Sold by
Biscayne Lofts Ltd
Bought by
Tboreo Llc

Purchase Details

Closed on
Jun 10, 2004
Sold by
Rarara Llc
Bought by
Biscayne Lofts Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,500
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2003
Sold by
Weed Robert L and Weed Mary Catherine
Bought by
Rarara Llc

Purchase Details

Closed on
Jan 17, 2002
Sold by
Weed Robert L Jr Trust C
Bought by
Weed Robert L
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
3333 Biscayne Llc $45,000,000 Weiss Serota Helfman Cole & Bi
Miami Sunrise Properties Llc -- Attorney
1031 Miami Sunrise Holding Llc $2,200,000 Attorney
Alfa Acquisitions Llc $850,000 Attorney
Manaez Llc $250,000 Attorney
Tboreo Llc $250,100 None Available
Biscayne Lofts Ltd $625,000 --
Rarara Llc $250,000 --
Weed Robert L -- --
Weed Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3333 Biscayne Llc $40,875,000
Previous Owner Biscayne Lofts Ltd $312,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2014 08/26/14 Sold $2,025,000 +2.3% $259 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $1,980,000 -- $253 / 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 $55,909 $2,972,176 -- --
2024 $60,282 $2,701,979 -- --
2023 $60,282 $2,456,345 $2,456,345 $0
2022 $42,605 $1,935,450 $0 $0
2021 $37,383 $1,759,500 $1,759,500 $0
2020 $38,028 $1,955,000 $1,955,000 $0
2019 $35,920 $1,955,000 $1,955,000 $0
2018 $30,501 $1,564,000 $1,564,000 $0
2017 $27,971 $1,277,397 $0 $0
2016 $26,863 $1,161,270 $0 $0
2015 $23,474 $1,055,700 $0 $0
2014 $9,154 $240,856 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1922201

MIAMI REALTORS® MLS

APN: 01-3230-009-0080