NOT LISTED FOR SALE

3831 Frantz Rd Miami, FL 33133

Southwest Coconut Grove Neighborhood

Estimated Value: $2,354,000 - $3,381,000

0.35 Acre
$7,890,903 Price per Acre
15,246 Sq Ft Lot

Last Sold February 22, 2024

Last sale price $2,200,000 $859 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $15,399/month

140 Days on Market

Highlights

  • 0.35 Acre Lot
  • Corner Lot
  • Landscaped with Trees
  • Coconut Grove Elementary School Rated A
  • No HOA

About This Lot

As of February 2024

15,000 square feet of land with an elevation of 17 feet in South Grove to build or develop your dream home or project on. The property perimeter does contain a few mature Oaks mixed in with a few trees - invasive in nature – that can be removed without city approval. There is room for the Oaks to be trimmed back and manicured for that special canopy that will accentuate the new construction once complete. This corner lot is rectangular in shape and conducive to a “left to right” build. The current structure is a 3/2 pool home at 2343 square feet built back in 1950. A new survey as June 6th has been completed. All offers welcomed!!

Last Agent to Sell the Property

Joe Higgins

Higgins Homes Realty Group License #3433081 Listed on: 05/25/2023

Last Buyer's Agent

Minette Schwartz

Compass Florida, LLC License #3313904

Compass Florida, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,994

Lot Details

  • 0.35 Acre Lot
  • West Facing Home
  • Corner Lot
  • Landscaped with Trees
  • Property is zoned 0100

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Sunshine Vistas Condos
  • Sunshine Vistas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-20-012-0070

Property Details

Property Type

Land

Est. Annual Taxes

$31,994

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Inclusions: None
  • Lot Size Acres: 0.35
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: SUNSHINE VISTAS
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Investment

Exterior Features

  • View: None
  • Direction Faces: West
  • Lot Features: City Location, Corner Location, 1/4 To Less Than 1/2 Acre Lot, Build To Suit
  • Other Structures: Livable
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SUNSHINE VISTAS

Utilities

  • Water Source: Municipal Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-20-012-0070
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 15246
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 31994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Feb 21, 2024
Sold by
Adams Joan B
Bought by
3831 Frantz Rd Llc
Seller's Agent
Joe Higgins
Higgins Homes Realty Group
Buyer's Agent
Minette Schwartz
Compass Florida, LLC
List Price
$3,999,000
Sold Price
$2,200,000
Premium/Discount to List
-$1,799,000
-44.99%
Views
50
Current Estimated Value
$2,761,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,816
Avg. Annual Appreciation
14.50%
Original Mortgage
$4,020,000
Outstanding Balance
$3,948,824
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$1,187,008
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
3831 Frantz Rd Llc $2,200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3831 Frantz Rd Llc $4,020,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2024 02/22/24 Sold $2,200,000 -15.4% $859 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $2,600,000 -10.3% $1,015 / Sq Ft
06/27/2023 06/27/23 Price Changed $2,900,000 -14.7% $1,132 / Sq Ft
05/25/2023 05/25/23 Price Changed $3,399,000 -15.0% $1,327 / Sq Ft
05/25/2023 05/25/23 For Sale $3,999,000 -- $1,561 / 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 $10,448 $2,387,850 $1,971,450 $416,400
2024 $10,277 $549,348 -- --
2023 $10,277 $528,324 $0 $0
2022 $31,994 $512,936 $0 $0
2021 $10,063 $497,997 $0 $0
2020 $9,943 $491,122 $0 $0
2019 $9,729 $480,081 $0 $0
2018 $8,686 $471,130 $0 $0
2017 $8,591 $461,440 $0 $0
2016 $8,643 $451,950 $0 $0
2015 $8,740 $448,809 $0 $0
2014 $8,842 $445,248 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Higgins

    Seller's Agent in 2024

    Joe Higgins

    Higgins Homes Realty Group

    (786) 554-8947

    3 in this area

    19 Total Sales

    Joe Higgins
    Section Image
  • Minette Schwartz

    Buyer's Agent in 2024

    Minette Schwartz

    Compass Florida, LLC

    (305) 439-6628

    13 in this area

    102 Total Sales

    Minette Schwartz
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11392946

MIAMI REALTORS® MLS

APN: 01-4120-012-0070

Florida Miami/Dade County Miami 33133 Southwest Coconut Grove

3831 Frantz Rd, Miami, FL

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