NOT LISTED FOR SALE

Estimated Value: $781,000 - $1,186,000

0.11 Acre
$8,659,818 Price per Acre
5,000 Sq Ft Lot

Last Sold January 02, 2024

Last sale price $825,000 $684 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,009/month

68 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • 1-minute walk to Billy Rolle Mini Park
  • Coconut Grove Elementary School Rated A

About This Lot

As of January 2024

Located at 3370 and 3380 Florida Avenue. Both vacant parcels offer the potential to build single family or duplex townhomes. Additionally, the lots can be combined for a multifamily development. This is an excellent opportunity to develop a for sale or rent project. Each lot can be sold separately. The neighborhood of Coconut Grove is one of the most desirable areas in all of Miami. Nestled between Biscayne Bay and US-1, the Grove is home to some of the best schools from Preschool to High school in all of South Florida. This property is walking distance to downtown Coconut Grove which contains some of the finest restaurants and retail the Grove has to offer. Coconut Grove is also home to many parks and green spaces making it a highly active community.

Last Agent to Sell the Property

Eddie Bustamante

Silver Bluff Real Estate LLC License #3549720 Listed on: 10/25/2023

Co-Listed By

Grant Savage

Silver Bluff Real Estate LLC License #3409452

Last Buyer's Agent

Eddie Bustamante

Silver Bluff Real Estate LLC License #3549720 Listed on: 10/25/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,077

Lot Details

  • 5,000 Sq Ft Lot
  • North Facing Home
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned 0100

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-007-3370

Property Details

Property Type

Land

Est. Annual Taxes

$3,077

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: SVLB01
  • Co List Office Phone: 305-321-5972
  • Horses: No
  • Lot Size Acres: 0.11
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: FROW HOMESTEAD
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: North
  • Lot Features: Cleared
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FROW HOMESTEAD

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-21-007-3370
  • Additional Parcels: No
  • Current Use: Multi-Family, Unused
  • Development Status: Recorded Plat, Undeveloped
  • Lot Size Sq Ft: 5000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Jan 2, 2024
Sold by
Gv Grand Bahama Llc
Bought by
3370 Ths Llc
Seller's Agent
Eddie Bustamante
Silver Bluff Real Estate LLC
Buyer's Agent
Eddie Bustamante
Silver Bluff Real Estate LLC
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%
Views
26
Current Estimated Value
$952,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,580
Avg. Annual Appreciation
7.57%
Original Mortgage
$825,000
Outstanding Balance
$811,466
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$141,114

Purchase Details

Closed on
Dec 27, 2007
Sold by
Wimberly Willie J and Wimberly Celia M
Bought by
3370 Florida Ave Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
3370 Ths Llc $825,000 None Listed On Document
3370 Florida Ave Llc $460,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3370 Ths Llc $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2024 01/02/24 Sold $825,000 -2.9% $684 / Sq Ft
10/25/2023 10/25/23 For Sale $850,000 -- $704 / 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 $12,220 $620,000 $620,000 --
2024 $4,819 $610,000 $610,000 --
2023 $4,819 $106,988 $0 $0
2022 $3,077 $97,262 $0 $0
2021 $3,036 $88,420 $0 $0
2020 $2,900 $247,000 $247,000 $0
2019 $2,517 $207,000 $207,000 $0
2018 $2,186 $184,400 $184,400 $0
2017 $2,095 $60,393 $0 $0
2016 $2,056 $54,903 $0 $0
2015 $1,491 $49,912 $0 $0
2014 $1,146 $45,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11475613

MIAMI REALTORS® MLS

APN: 01-4121-007-3370