NOT LISTED FOR SALE

Estimated Value: $4,963,000 - $5,827,000

0.3 Acre
$17,310,171 Price per Acre
13,242 Sq Ft Lot

Last Sold May 28, 2024

Last sale price $5,020,000 $2,690 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $36,531/month

204 Days on Market

Highlights

  • Private Dock
  • Home fronts navigable water
  • Gated Community
  • Coconut Grove Elementary School Rated A
  • Bay View
  • No HOA

About This Lot

As of May 2024

Rare opportunity to build a one-of-a-kind new construction home in Coconut Grove’s exclusive Four Way Lodge Estates. This waterfront community is guard-gated 24/7 and located within walking distance to the Grove village’s galleries, boutiques, cafes and bayfront parks & marinas. Oversized lot (13,241 SF) with 110’ of water frontage + dockage for 2 boats on deep canal with turning basin and only 3 houses in from Biscayne Bay. Unrestricted salt water access. Current home on the property (3BR/2BA) could be rented during the planning & permitting process. Enjoy views of downtown Miami and the bay from your spectacular new home. Just minutes from downtown Miami, MIA, Key Biscayne and the Beaches.

Last Agent to Sell the Property

Riley Smith

Compass Florida, LLC License #3028618 Listed on: 09/12/2023

Compass Florida, LLC

Last Buyer's Agent

Javier Mora

Alta International Realty License #3063490

Alta International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,659

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 109x121
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Dirt Road
  • Cul-De-Sac
  • Southwest Facing Home
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned 0100

Property Views

  • Bay
  • Canal

Location

  • East of U.S. Route 1
  • City Lot

Utilities

  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-41-28-021-0120

Community Details

Overview

  • No Home Owners Association
  • Voluntary home owners association
  • Four Way Lodge Ests 2Nd A Condos
  • Four Way Lodge Ests 2Nd A Subdivision

Security

  • Gated Community

Recreation

  • No Fixed Bridges
  • Unrestricted saltwater access
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$19,659

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Other,Private Dock,Unrestricted Salt Water Access, Private Dock
  • Lot Size Acres: 0.304
  • Lot Size: 109x121
  • New Construction: No
  • Road Surface Type: Paved
  • Structure Type: Residential
  • Subdivision Name: FOUR WAY LODGE ESTS 2ND A
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Primary

Exterior Features

  • View: Bay View, Canal View
  • Direction Faces: Southwest
  • Lot Features: City Location, Cul-De-Sac Location, Near Airport, Near School, Dirt, 1/4 To Less Than 1/2 Acre Lot, East Of US 1, Oversized Lot, Build To Suit
  • Other Structures: Livable
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Navigable Water, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: FOUR WAY LODGE ESTS 2ND A

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Water Connected, Cable Available, Electricity Available, Phone Available, Trash Removal

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community, Voluntary Hoa

Lot Info

  • Parcel Number: 01-41-28-021-0120
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 13241
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 19659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
May 21, 2024
Sold by
Helene M Pancoast Revocable Living Trust and Nagamura Katherine P
Bought by
Gonzalez Mora Javier and Gonzalez Monica Gonzalez-Mora
Seller's Agent
Riley Smith
Compass Florida, LLC
Buyer's Agent
Javier Mora
Alta International Realty
List Price
$9,000,000
Sold Price
$5,020,000
Premium/Discount to List
-$3,980,000
-44.22%
Views
145
Current Estimated Value
$5,262,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,292
Avg. Annual Appreciation
3.81%

Purchase Details

Closed on
Nov 13, 2020
Sold by
Pancoast Helene M
Bought by
Pancoast Helene M and Halone M Pancoast Revocable Li

Purchase Details

Closed on
Feb 3, 1998
Sold by
Pancoast Lester C and Pancoast Helene M
Bought by
Pancoast Lester C and Pancoast Helene M
Source: Public Records

Range of Values:

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Average Value
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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
Gonzalez Mora Javier $4,770,000 None Listed On Document
Pancoast Helene M -- Attorney
Pancoast Lester C $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pancoast Helene M $127,600
Previous Owner Pancoast Lester C $142,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $5,020,000 -15.6% $2,690 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
02/13/2024 02/13/24 Price Changed $5,950,000 -4.8% $3,189 / Sq Ft
12/08/2023 12/08/23 Price Changed $6,250,000 -10.7% $3,349 / Sq Ft
10/10/2023 10/10/23 Price Changed $7,000,000 -11.9% $3,751 / Sq Ft
10/04/2023 10/04/23 Price Changed $7,950,000 -11.7% $4,260 / Sq Ft
09/12/2023 09/12/23 For Sale $9,000,000 -- $4,823 / 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 $94,964 $4,039,600 -- --
2024 $20,878 $4,343,333 $4,170,915 $172,418
2023 $20,878 $675,597 $0 $0
2022 $19,659 $655,920 $0 $0
2021 $19,646 $636,816 $0 $0
2020 $18,813 $628,024 $0 $0
2019 $18,540 $613,905 $0 $0
2018 $18,064 $602,459 $0 $0
2017 $17,078 $590,068 $0 $0
2016 $16,668 $577,932 $0 $0
2015 $16,726 $573,915 $0 $0
2014 $16,864 $569,361 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11450988

MIAMI REALTORS® MLS

APN: 01-4128-021-0120