$750,000
SOLD MAR 15, 2021
0.24 Acre
$3,125,000 Price per Acre
10,500 Sq Ft Lot

Recently Sold

$371 Per Sq Ft

3% Below List Price

50 Days on Market

Highlights

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

About This Lot

As of March 2021

Opportunity to build a new construction single family home in prestigious South Coconut Grove. Large 10,500 SF corner lot, located in a tree-canopied neighborhood of multi-million $ homes. Potential to change the property address and home’s front orientation to Malaga Dr. for additional privacy from Le Jeune Rd. Bike to the Grove village center’s galleries, boutiques, cafes and bayfront parks & marinas. Close to Coral Gables world-class shopping & dining. Minutes to MIA, Brickell & downtown.

Last Agent to Sell the Property

Riley Smith

Compass Florida, LLC License #3028618 Listed on: 12/30/2020

Compass Florida, LLC

Last Buyer's Agent

Fausto Callava

RE/MAX 360 Real Estate License #3227834

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,839

Lot Details

  • 10,500 Sq Ft Lot
  • Dirt Road
  • West Facing Home
  • Corner Lot
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned 0100

Location

  • East of U.S. Route 1
  • City Lot

Utilities

  • Septic Tank
  • Phone Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Utopia Condos
  • Utopia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-29-010-0690

Property Details

Property Type

Land

Est. Annual Taxes

$8,839

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.24
  • New Construction: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Structure Type: Residential
  • Subdivision Name: UTOPIA
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: West
  • Disclosures: Disclosure
  • Waterfront Elevation: 15
  • Lot Features: City Location, Corner Location, Near Airport, Near School, Dirt, 1/4 To Less Than 1/2 Acre Lot, East Of US 1, Oversized Lot, Build To Suit, Septic
  • Other Structures: Run Down
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: UTOPIA

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-29-010-0690
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 10500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Forty 41 Llc
Bought by
Grammas Ahilea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,948,100
Outstanding Balance
$3,884,857
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$1,560,627

Purchase Details

Listed on
Dec 30, 2020
Closed on
Mar 15, 2021
Sold by
Ramirez Michael and Rodriguez Katherine
Bought by
Forty 41 Llc
Seller's Agent
Riley Smith
Compass Florida, LLC
Buyer's Agent
Fausto Callava
RE/MAX 360 Real Estate
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.57%
Original Mortgage
$1,330,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 2, 2012
Closed on
Jun 6, 2012
Sold by
Tonkinson Properties Llc
Bought by
Ramirez Michael and Rodriguez Katherine
Seller's Agent
Carlos Ruiz de Quevedo
MMLS Assoc.-Inactive Member
Buyer's Agent
Martha Rodriguez
MMLS Assoc.-Inactive Member
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$336,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2007
Sold by
Olszack Robert W and Olszack Leslie L
Bought by
Tonkinson Properties Llc
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 Type Sale Price Title Company
Warranty Deed $4,777,500 Prominent Title
Warranty Deed $750,000 Attorney
Warranty Deed $420,000 Attorney
Warranty Deed $600,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,948,100 New Conventional
Previous Owner $1,330,000 Commercial
Previous Owner $336,000 New Conventional
Previous Owner $101,686 Unknown
Previous Owner $135,000 Credit Line Revolving
Previous Owner $51,121 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $8,275,000 +1003.3% $1,966 / Sq Ft
03/15/2021 03/15/21 Sold $750,000 -3.2% $371 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $775,000 +84.5% $383 / Sq Ft
06/21/2012 06/21/12 Sold $420,000 0.0% $208 / Sq Ft
04/15/2012 04/15/12 Pending -- -- --
03/02/2012 03/02/12 For Sale $420,000 -- $208 / 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 $41,398 $5,739,550 $1,942,500 $3,797,050
2024 $20,499 $2,047,500 $2,047,500 --
2023 $20,499 $933,676 $0 $0
2022 $18,037 $856,482 $847,875 $8,607
2021 $8,947 $444,950 $0 $0
2020 $8,839 $438,807 $0 $0
2019 $8,648 $428,942 $0 $0
2018 $8,318 $420,945 $0 $0
2017 $8,230 $412,287 $0 $0
2016 $8,285 $403,808 $0 $0
2015 $8,375 $401,001 $0 $0
2014 $8,467 $397,819 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10976581

MIAMI REALTORS® MLS

APN: 01-4129-010-0690