$7,500,000

Estimated payment $42,963/month

0.89 Acre
$8,426,966 Price per Acre
38,768 Sq Ft Lot

About This Lot

Hotel & Apartment Assemblage Covered Land Play w/ Excellent Redevelopment Potential, in Flagami. Flagami is a central Miami working & bedroom & community that has great connectivity to surrounding neighborhoods such as Coral Gables, Little Havana, Fountainbleu & more; as well as populated by an endless list of thriving businesses and in proximity to major economic engines such as the airport and the soon-to-be-delivered 56 acre Mega Development Freedom Park. This is an ideal location for housing Miami’s active middle workforce, & residents will be motivated to live in this centric and thriving neighborhood . Site features a 16 unit Hotel building, a triplex, & three 5 unit building, all situated on 38,676 SF lot zoned T5-L w/parking is prime for developers as a covered-land opportunity.

Listing Agent

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982 Listed on: 08/04/2025

Co-Listing Agent

Carlos Fausto Miranda

Fausto Commercial Realty Consultants Inc License #3129999

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,170

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 297x130
  • Property is zoned T5-L

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3Rd Addn To Pinehurst Vil Condos
  • 3Rd Addn To Pinehurst Vil Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-06-019-0010

Property Details

Property Type

Land

Est. Annual Taxes

$25,170

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 786-748-7373
  • Horses: No
  • Lot Size Acres: 0.89
  • Lot Size: 297x130
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: 3RD ADDN TO PINEHURST VIL
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Central Urban, Urban Commercial

Exterior Features

  • Lot Features: City Location, 5 To Less Than 10 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 3RD ADDN TO PINEHURST VIL

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-06-019-0010
  • Current Use: Unimproved Business/Commercial, Unimproved Hotel/Motel, Unimproved Multi Family (5+Units), Other Style
  • Lot Size Sq Ft: 38676
  • Zoning: T5-L

Multi Family

  • Gross Scheduled Income: 780036

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 25170

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $25,170 $1,207,882 -- --
2024 $23,666 $1,098,075 -- --
2023 $23,666 $998,250 $0 $0
2022 $20,489 $907,500 $0 $0
2021 $17,528 $825,000 $773,520 $51,480
2020 $21,298 $1,000,000 $773,520 $226,480
2019 $21,346 $1,000,000 $773,520 $226,480
2018 $20,945 $1,000,000 $676,830 $323,170
2017 $21,396 $1,010,000 $0 $0
2016 $22,044 $1,010,000 $0 $0
2015 $20,567 $925,000 $0 $0
2014 -- $467,267 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $7,500,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $847,500 Attorney
Warranty Deed $950,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $320,000 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11861774

MIAMI REALTORS® MLS

APN: 01-4106-019-0010