NOT LISTED FOR SALE

45 NW 28th St Miami, FL 33127

Wynwood Neighborhood

Estimated Value: $3,607,853

0.32 Acre
$11,274,541 Price per Acre
13,939 Sq Ft Lot

Last Sold November 14, 2018

Last sale price $1,825,000

Est. 98% increase in value since last sale

Current estimated payment $22,624/month

60 Days on Market

About This Lot

As of November 2018

Development site in prime Wynwood location. Steps away from The Shops at Midtown and a short stroll to Wynwood's main artery NW 2 Ave. Several major developments on NW 28 St and within 1 - 2 blocks from the subject site are in various stages of planning and development, such as W House by The Related Group, Wynwood Walk by Thor Equities and Gateway at Wynwood, designed by Kobi Karp. May be purchased together with 51 NW 28 St, for a total of 13,800 sf. Zoning: T5-O/NRD-1, 47 DU or 95 keys, 8-stories, ~90K sf buildable, mixed use. Buy Wynwood now! Owner may JV.

Last Agent to Sell the Property

Robert Ziehm

Sterling Equity Realty LLC License #0668946 Listed on: 06/28/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,179

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 50x138
  • Property is zoned 6101

Location

  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-028-1050

Community Details

Overview

  • No Home Owners Association
  • St James Park Condos
  • St James Park Subdivision

Building Details

  • Insurance Expense $6,000
  • Other Expense $7,000
  • New Taxes Expense $16,179
  • Operating Expense $33,221
  • Gross Income $62,400
  • Net Operating Income $20,221

Property Details

Property Type

Land

Est. Annual Taxes

$16,179

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Directions: Turn West on N.Miami Ave.. property on the right side.. 45 NW 28 St (1-story bldg)
  • Horses: No
  • Lot Size Acres: 0.32
  • Lot Size: 50x138
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Structure Type: Other
  • Subdivision Name: ST JAMES PARK
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, None

Exterior Features

  • Waterfront Elevation: 15
  • Lot Features: City Location, Other Soil Type, Other Lot Description
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ST JAMES PARK

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-25-028-1050
  • Current Use: Other Usage, Other Style
  • Lot Size Sq Ft: 13800
  • Zoning: 6101
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Net Operating Income: 20221
  • Insurance Expense: 6000
  • Annual Gross Income: 62400
  • Annual Operating Expense: 33221

Tax Info

  • Tax Year: 2017
  • New Taxes Expense: 16179
  • Tax Annual Amount: 16179

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2018 11/14/18 Sold $1,825,000 -17.0% --
08/20/2018 08/20/18 Price Changed $2,197,500 -50.0% --
07/09/2018 07/09/18 Price Changed $4,395,000 -2.3% --
06/27/2018 06/27/18 For Sale $4,500,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Ziehm

    Seller's Agent in 2018

    Robert Ziehm

    Sterling Equity Realty LLC

    (305) 804-4848

    13 Total Sales

    Robert Ziehm
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10494062

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami 33127 Wynwood

45 NW 28th St, Miami, FL

Not Listed for Sale

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