NOT LISTED FOR SALE

Estimated Value: $1,215,644 - $5,162,000

0.22 Acre
$10,312,095 Price per Acre
9,500 Sq Ft Lot

Last Sold December 14, 2023

Last sale price $1,069,000

Est. 112% increase in value since last sale

Current estimated payment $13,398/month

86 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • 3-minute walk to Elizabeth Virrick Park
  • Coral Gables Senior High School Rated A-

About This Lot

As of December 2023

Coconut Grove development opportunity. Over 9,500 sqft of lot. Property is sold with plans for a 5 bedroom, 6 bath single family home that has over 4,700 sqft under A/C plus another 900+ sqft of two car garage, covered patios and entryway and balcony space. Plans are close for final approval by the City of Miami and sellers are willing to adjust closing date and deliver the property with approved permits for the specific single family home. Please see the attached images and attached plans for the layout and elevations. Listing agent is a local developer and a project manager and currently building 11 units in the immediate area and will be happy to assist your clients with pricing, timing and other questions they may have.

Last Agent to Sell the Property

Berk Boge

Compass Florida, LLC License #0657334 Listed on: 11/22/2022

Compass Florida, LLC

Last Buyer's Agent

Berk Boge

Compass Florida, LLC License #0657334 Listed on: 11/22/2022

Compass Florida, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,311

Lot Details

  • 9,500 Sq Ft Lot
  • North Facing Home
  • Landscaped with Trees
  • Property is zoned 5700

Location

  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-007-0320

Property Details

Property Type

Land

Est. Annual Taxes

$14,311

Lot Details

9,500 Sq Ft Lot

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: On Day Avenue, close to Hibiscus Street. Vacant lot next to the three duplexes under construction.
  • Horses: No
  • Lot Size Acres: 0.22
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Paved Road
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Residential
  • Subdivision Name: FROW HOMESTEAD
  • Special Features: None

Interior Features

  • Possible Use: Primary

Exterior Features

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

Garage/Parking

  • Park Building Name: FROW HOMESTEAD

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-21-007-0320
  • Additional Parcels: No
  • Current Use: Residential, Unused
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 9500
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 14311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Dec 14, 2023
Sold by
Abal Gonzalo Ochoa and Abal Fatima Paniagua
Bought by
Rinaldi Joseph J and Rinaldi Jenifer
Seller's Agent
Berk Boge
Compass Florida, LLC
Buyer's Agent
Berk Boge
Compass Florida, LLC
List Price
$1,200,000
Sold Price
$1,069,000
Premium/Discount to List
-$131,000
-10.92%
Views
38
Current Estimated Value
$2,268,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,199,661
Avg. Annual Appreciation
41.45%

Purchase Details

Closed on
Apr 19, 2021
Sold by
2485 Green Grove Llc
Bought by
Abal Gonzalo Ochoa and Paniagua Fatima

Purchase Details

Closed on
Apr 6, 2015
Sold by
Geo Daz Investments #2 Llc
Bought by
2485 Green Grove Limited Liability Compa

Purchase Details

Closed on
Jan 24, 2011
Sold by
Simpson George A and Simpson Dazelle D
Bought by
Geo Daz Investments #2 Llc
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rinaldi Joseph J $1,069,000 None Listed On Document
Abal Gonzalo Ochoa $520,000 Attorney
2485 Green Grove Limited Liability Compa $2,626,500 None Available
Geo Daz Investments #2 Llc -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Sold $1,069,000 -2.8% --
02/17/2023 02/17/23 Pending -- -- --
01/25/2023 01/25/23 Price Changed $1,100,000 -8.3% --
11/22/2022 11/22/22 For Sale $1,200,000 -- --
Source: MIAMI REALTORS® MLS

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 $20,948 $1,150,239 -- --
2024 $17,587 $1,045,672 $1,045,000 $672
2023 $17,587 $763,604 $0 $0
2022 $14,311 $694,186 $693,500 $686
2021 $10,813 $508,943 $508,250 $693
2020 $10,117 $580,200 $579,500 $700
2019 $12,299 $580,200 $579,500 $700
2018 $11,325 $580,200 $579,500 $700
2017 $12,569 $535,763 $0 $0
2016 $11,390 $487,058 $0 $0
2015 $6,706 $199,166 $0 $0
2014 $5,911 $181,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11306615

MIAMI REALTORS® MLS

APN: 01-4121-007-0320

Your Personal Tour Guide

Ask me questions while you tour the home.