NOT LISTED FOR SALE

4850 SW 8th St Coral Gables, FL 33134

Granada Neighborhood
-- Bed
-- Bath
6,103 Sq Ft
6,103 Sq Ft Lot

Highlights

  • No HOA
  • Cooling Available
  • Heating Available
  • Coral Gables Preparatory Academy Rated A-
  • Guest Parking
  • 1-Story Property

About This Home

As of April 2016

Mutli-purpose retail property in a centrally located area of Coral Gables. Can be used for retail use as is or possibly redeveloped with an adjacent property directly behind it. The site is 6,100 sf and can be increased to approx 11,000 combining both pro perties. Currently used as a dry cleaner with parking and drive thru capabilities and with 9' ceilings and a retail space of 1,896 sf. Daily traffic count is 47,000 vpd. Lots of potential for growth. Move in ready. Available immediately.

Last Agent to Rent the Property

Otto Travieso

License #0603073 Listed on: 10/27/2015

Last Renter's Agent

Otto Travieso

License #0603073 Listed on: 10/27/2015

Property Details

Property Type

  • Other

Year Built

  • Built in 1968

Lot Details

  • 6,103 Sq Ft Lot
  • Property is zoned 61/COMME

Home Design

  • Concrete Block And Stucco Construction

Parking

  • 4 Parking Spaces
  • Guest Parking

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • 1-Story Property
  • City Lot

Listing and Financial Details

  • Tenant pays for electricity, telephone, real estate tax, sales tax, water
  • Assessor Parcel Number 03-41-07-001-0010

Community Details

Overview

  • No Home Owners Association

Building Details

  • Triple Net Lease (NNN)
  • New Taxes Expense $6,540

Property Details

Property Type

Other

Year Built

Built in 1968

Lot Details

0

Rental Info

  • Tenant Pays: Electricity, Telephone, Real Estate Tax, Sales Tax, Water

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1968
  • Property Sub Type: Lease
  • Directions: PROPERTY SITS ON 8TH STREET ON THE EAST BOUND SIDE BETWEEN 48TH AND 49TH AVE. CROSS STREETS ARE SW 8 ST AND MONTEREY.
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Lease, Free Standing
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: City Location, Near Airport
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Guest
  • Total Parking Spaces: 4

Utilities

  • Water Source: Public
  • Cooling: Central Building A/C
  • Cooling Y N: Yes
  • Electric: Underground
  • Electricity On Property: Yes
  • Heating: Central Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 03-41-07-001-0010
  • Current Use: Commercial Lease
  • Land Lease: No
  • Lot Size Sq Ft: 6103
  • Zoning: 61/COMME
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • New Taxes Expense: 6540
  • Tax Annual Amount: 6540

Multi Family

  • Existing Lease Type: NNN
  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2018
Sold by
Branas Juan Antonio
Bought by
4850 Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.8%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 14, 2018
Sold by
Branas Juan Antonio
Bought by
Branas Juan Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.53%
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
4850 Estate Llc -- Attorney
Branas Juan Antonio -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4850 Estate Llc $195,000
Closed 4850 Estate Llc $200,000
Previous Owner Branas John $210,000
Previous Owner Branas Amado $225,000
Previous Owner Branas Amado $100,000
Previous Owner Branas Amado $45,000
Previous Owner Branas Amado $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Rented $4,500 -10.0% --
03/01/2016 03/01/16 Under Contract -- -- --
10/27/2015 10/27/15 For Rent $5,000 -- --
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 $12,523 $710,671 $610,300 $100,371
2024 $11,238 $667,981 -- --
2023 $11,238 $607,256 $0 $0
2022 $10,183 $552,051 $457,725 $94,326
2021 $10,265 $541,212 $457,725 $83,487
2020 $10,293 $541,212 $457,725 $83,487
2019 $10,251 $537,583 $457,725 $79,858
2018 $8,058 $446,038 $366,180 $79,858
2017 $7,287 $385,008 $0 $0
2016 $7,364 $381,379 $0 $0
2015 $7,169 $357,304 $0 $0
2014 $6,540 $324,822 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Otto Travieso

    Landlord's Agent in 2016

    Otto Travieso

    (305) 216-4397

    14 Total Sales

    Otto Travieso
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2195075

MIAMI REALTORS® MLS

APN: 03-4107-001-0010

Florida Miami/Dade County Coral Gables 33134 Granada

4850 SW 8th St, Coral Gables, FL

This home is located at 4850 SW 8th St, Coral Gables, FL 33134 since 27 October 2015. This property was built in 1968. 4850 SW 8th St is a home located in Miami-Dade County with nearby schools including Coral Gables Preparatory Academy, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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