NOT LISTED FOR SALE

4940 Sunset Dr Miami, FL 33143

South Miami-Kendall Neighborhood

Estimated Value: $5,312,000 - $9,167,367

1 Acres
$7,372,592 Price per Acre
43,560 Sq Ft Lot

Last Sold June 20, 2014

Last sale price $1,300,000 $35 Per Sq Ft

Est. 467% increase in value since last sale

Current estimated payment $42,224/month

119 Days on Market

Highlights

  • 1 Acre Lot
  • No HOA
  • Fenced
  • Sunset Elementary School Rated A
  • Landscaped with Trees

About This Lot

As of June 2014

Dreaming of living in the popular Sunset Drive area between Coral Gables' CocoPlum Circle and Downtown South Miami? The tropical acre (37,233sf) at 4940 Sunset Drive is available for the first time since the 1940s. Build your own dream luxury residence w ithin walking distance of South Miami, stores, restaurants and movies. This is a fabulous opportunity for a residential developer.

Last Agent to Sell the Property

Susan Heatley

MMLS Assoc.-Inactive Member License #0422946 Listed on: 11/01/2013

Co-Listed By

James Heatley

BHHS EWM Realty License #3079179

Last Buyer's Agent

Jo-Ann Forster

MMLS Assoc.-Inactive Member License #0079690

MMLS Assoc.-Inactive Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,165

Year Built

  • Built in 1941

Lot Details

  • 1 Acre Lot
  • North Facing Home
  • Fenced
  • Landscaped with Trees
  • Property is zoned 23/ESTAT

Home Design

  • 37,233 Sq Ft Home

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 30-41-31-016-0030

Property Details

Property Type

Land

Est. Annual Taxes

$5,165

Year Built

Built in 1941

Lot Details

1 Acres

Listing Details

  • Property Type: Land/Boat Docks
  • Year Built: 1941
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 1
  • New Construction: No
  • Road Frontage Type: Legal Access Road, Paved Road, Public Road
  • Road Surface Type: Paved Road
  • Structure Type: Residential
  • Subdivision Name: 0
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: County Location, Near School, 1 To Less Than 2 Acre Lot, Fenced, Septic
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 0

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 30-41-31-016-0030
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Other
  • Lot Size Sq Ft: 37233
  • Zoning: 23/ESTAT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2016
Sold by
Morabito Paula and Yip Maria M
Bought by
Morabito Paula and Yip Maria M
Current Estimated Value
$7,372,592

Purchase Details

Closed on
Feb 18, 2016
Sold by
The Northern Trust Company
Bought by
Morabito Paula and Yip Maria M

Purchase Details

Closed on
Jan 25, 2016
Sold by
Matheson Finlay B and Matheson John Henry
Bought by
Morabito Paula and Yip Maria M

Purchase Details

Listed on
Nov 1, 2013
Closed on
Jun 18, 2014
Sold by
The Northern Trust Company
Bought by
Morabito Paul and Yip Maria M
Seller's Agent
Susan Heatley
MMLS Assoc.-Inactive Member
Buyer's Agent
Jo-Ann Forster
MMLS Assoc.-Inactive Member
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.92%

Purchase Details

Closed on
Nov 4, 2010
Sold by
Matheson Finlay L
Bought by
Northern Trust Na

Purchase Details

Closed on
Feb 27, 2003
Sold by
Matheson Finlay B and Matheson Michael M
Bought by
Matheson Austin K

Purchase Details

Closed on
Feb 6, 2003
Sold by
Matheson Finlay B
Bought by
Matheson Austin K

Purchase Details

Closed on
Jan 22, 2001
Sold by
Matheson Lucretia B and Matheson Finlay L
Bought by
Matheson Austin K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morabito Paula -- Attorney
Morabito Paula -- Attorney
Morabito Paula -- Attorney
Morabito Paul $1,300,000 Attorney
The Northern Trust Company -- Attorney
Northern Trust Na -- Attorney
Matheson Austin K -- --
Matheson Austin K -- --
Matheson Austin K -- --
Matheson Austin K $250,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2014 06/20/14 Sold $1,300,000 -13.3% $35 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
10/15/2013 10/15/13 For Sale $1,500,000 -- $40 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $46,369 $2,814,308 -- --
2024 $45,146 $2,734,994 -- --
2023 $45,146 $2,655,334 $0 $0
2022 $43,759 $2,577,995 $0 $0
2021 $50,596 $2,886,408 $0 $0
2020 $23,034 $1,277,092 $1,277,092 $0
2019 $21,557 $1,217,519 $1,217,519 $0
2018 $22,811 $1,414,854 $1,414,854 $0
2017 $23,683 $1,261,453 $0 $0
2016 $22,072 $1,146,776 $0 $0
2015 $19,034 $1,042,524 $0 $0
2014 -- $1,228,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Susan Heatley

    MMLS Assoc.-Inactive Member

  • J

    Seller Co-Listing Agent in 2014

    James Heatley

    BHHS EWM Realty

    (305) 962-4689

    2 in this area

    6 Total Sales

    James Heatley
    Section Image

  • J

    Buyer's Agent in 2014

    Jo-Ann Forster

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1863913

MIAMI REALTORS® MLS

APN: 30-4131-016-0030

Florida Miami/Dade County Miami 33143 South Miami-Kendall

4940 Sunset Dr, Miami, FL

Not Listed for Sale

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