NOT LISTED FOR SALE

Estimated Value: $649,000 - $1,117,000

0.12 Acre
$7,165,217 Price per Acre
5,000 Sq Ft Lot

Last Sold June 03, 2022

Last sale price $640,000 $128 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,240/month

304 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • Fenced
  • Coconut Grove Elementary School Rated A

About This Lot

As of June 2022

Build your Dream Home NOW! Incredible opportunity to own a 5,000 sqft Vacant Lot in sough-after Coconut Grove, surrounded by houses sold in the millions. Amazing location, just a couple of blocks away from Cocowalk, shops, fine dining, excellent schools, parks, the marina, and all of the charm that Coconut Grove has to offer. *There used to be a property in this lot, that was demolished, so there is underground plumbing in place. Do not miss this chance!

Last Agent to Sell the Property

Frida Martin

Elite Sales Group License #3155881 Listed on: 08/04/2021

Last Buyer's Agent

Minette Schwartz

Compass Florida, LLC License #3313904

Compass Florida, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,836

Lot Details

  • 5,000 Sq Ft Lot
  • North Facing Home
  • Fenced
  • 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 01-41-21-007-5230

Property Details

Property Type

Land

Est. Annual Taxes

$2,836

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.115
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: FROW HOMESTEAD
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Secondary

Exterior Features

  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Fenced
  • 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: 01-41-21-007-5230
  • Additional Parcels: No
  • Current Use: Residential, Unused
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 5000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2836

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Jun 3, 2022
Sold by
Todo Grove Llc
Bought by
3438 Charles Ave Llc
Seller's Agent
Frida Martin
Elite Sales Group
Buyer's Agent
Minette Schwartz
Compass Florida, LLC
List Price
$750,000
Sold Price
$640,000
Premium/Discount to List
-$110,000
-14.67%
Current Estimated Value
$824,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,000
Avg. Annual Appreciation
7.72%
Original Mortgage
$1,270,000
Outstanding Balance
$1,208,410
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
-$384,410

Purchase Details

Closed on
Apr 21, 2005
Sold by
Legrand Rodolphe
Bought by
Todo Grove Llc

Purchase Details

Closed on
Sep 1, 2004
Sold by
Williams Phyllis J
Bought by
Legrand Rodolphe

Purchase Details

Closed on
Mar 30, 1994
Sold by
Williams Phyllis J and Higgs Lafronia R
Bought by
Williams Phyllis J
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
3438 Charles Ave Llc $640,000 Kandell Scott
3438 Charles Ave Llc $640,000 Kandell Scott
Todo Grove Llc $210,000 --
Legrand Rodolphe $200,000 --
Williams Phyllis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3438 Charles Ave Llc $1,270,000
Closed 3438 Charles Ave Llc $1,270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $640,000 -14.7% $128 / Sq Ft
08/03/2021 08/03/21 For Sale $750,000 -- $150 / 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 $10,871 $485,210 -- --
2024 $10,073 $539,000 -- --
2023 $10,073 $490,000 $490,000 $0
2022 $3,367 $99,137 $0 $0
2021 $3,158 $90,125 $0 $0
2020 $2,836 $235,000 $235,000 $0
2019 $2,737 $235,000 $235,000 $0
2018 $2,457 $222,000 $222,000 $0
2017 $2,167 $61,558 $0 $0
2016 $1,983 $55,962 $0 $0
2015 $1,410 $50,875 $0 $0
2014 $1,049 $46,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11079943

MIAMI REALTORS® MLS

APN: 01-4121-007-5230