NOT LISTED FOR SALE

3625 NE 2nd Ave Miami, FL 33137

Miami Design District Neighborhood

Estimated Value: $27,411,528

0.12 Acre
$228,429,400 Price per Acre
5,520 Sq Ft Lot

Last Sold March 01, 2013

Last sale price $325,000 $89 Per Sq Ft

Est. 8,334% increase in value since last sale

Current estimated payment $157,876/month

910 Days on Market

About This Lot

As of March 2013

This home is located at 3625 NE 2nd Ave, Miami, FL 33137 since 14 May 2010 and is currently estimated at $27,411,528, approximately $7,465 per square foot. 3625 NE 2nd Ave is a home located in Miami-Dade County with nearby schools including Eneida M. Hartner Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Last Agent to Sell the Property

Joan Hage

MMLS Assoc.-Inactive Member License #0691588 Listed on: 05/14/2010

Last Buyer's Agent

Joan Hage

MMLS Assoc.-Inactive Member License #0691588 Listed on: 05/14/2010

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,123

Lot Details

  • 5,520 Sq Ft Lot
  • Lot Dimensions are 55x100
  • Irregular Lot
  • Property is zoned 80/PUBLI

Utilities

  • Sewer Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-000-0140

Property Details

Property Type

Land

Est. Annual Taxes

$4,123

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Commercial
  • Horses: No
  • Lot Size: 55x100
  • New Construction: No
  • Road Frontage Type: Main Thoroughfare
  • Structure Type: Commercial
  • Special Features: None

Interior Features

  • Possible Use: Unknown/Withheld, Other Plan Use

Exterior Features

  • Lot Features: Central Business District, Irregular Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Utilities

  • Sewer: None
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-19-000-0140
  • Additional Parcels: No
  • Current Use: Unimproved Business/Commercial, Other Usage
  • Lot Size Sq Ft: 5520
  • Zoning: 80/PUBLI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2008
  • Tax Annual Amount: 4123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2016
Sold by
3625 Design District Llc
Bought by
3625 Miami Design District Llc
Current Estimated Value
$27,411,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Outstanding Balance
$4,765,494
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$22,646,034

Purchase Details

Listed on
May 14, 2010
Closed on
Feb 26, 2013
Sold by
Rose Ivor and Starr Rita
Bought by
3625 Design District Llc
Seller's Agent
Joan Hage
MMLS Assoc.-Inactive Member
Buyer's Agent
Joan Hage
MMLS Assoc.-Inactive Member
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.91%

Purchase Details

Closed on
Apr 10, 2004
Sold by
Stern Grace
Bought by
Rose Ivor and Starr Rita

Purchase Details

Closed on
Sep 24, 1996
Sold by
Stern Edward
Bought by
Stern Jeffrey A

Purchase Details

Closed on
Apr 26, 1996
Sold by
Stern Grace
Bought by
Stern Edward
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
3625 Miami Design District Llc $13,000,000 Attorney
3625 Design District Llc $275,000 Attorney
Rose Ivor -- Florida Title Escrow & Abstr
Stern Jeffrey A $100 --
Stern Edward $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3625 Miami Design District Llc $6,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2013 03/01/13 Sold $325,000 -7.1% $89 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
05/10/2010 05/10/10 For Sale $350,000 -- $95 / 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 $160,840 $8,735,892 -- --
2024 $149,763 $7,969,060 -- --
2023 $149,763 $7,244,600 $0 $0
2022 $150,491 $7,300,000 $734,400 $6,565,600
2021 $167,848 $7,900,000 $734,400 $7,165,600
2020 $178,691 $8,390,000 $734,400 $7,655,600
2019 $181,444 $8,500,000 $734,400 $7,765,600
2018 $186,201 $9,300,000 $734,400 $8,565,600
2017 $197,013 $9,300,000 $0 $0
2016 $9,891 $403,920 $0 $0
2015 $9,185 $413,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joan Hage

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: M1390400

MIAMI REALTORS® MLS

APN: 01-3219-050-0010

Florida Miami/Dade County Miami 33137 Miami Design District

3625 NE 2nd Ave, Miami, FL

Not Listed for Sale

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