NOT LISTED FOR SALE

5180 W Flagler St Coral Gables, FL 33134

Flagami Neighborhood

Estimated Value: $1,558,256

0.39 Acre
$3,946,374 Price per Acre
17,200 Sq Ft Lot

Last Sold February 07, 2013

Last sale price $660,000 $38 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $9,925/month

129 Days on Market

Highlights

  • 17,200 Sq Ft lot
  • Corner Lot
  • No HOA

About This Lot

As of February 2013

AMAZING BUSINESS OPPORTUNITY! SALES PRICE INCLUDES REAL ESTATE, FURNITURES, TV EQUIPMENT, CLIENTELE AND GOODWILL. WELL ESTABLISHED BUSINESS ORIENTED TO LODGE MANY WALK-IN CUSTOMERS. GREAT LOCATION IN A CORNER LOT WITH TWO DIFFERENT ENTRANCES, ON IN THE FR ONT ON FLAGLER ST AND THE OTHER BY 51ST PLACE. THERE ARE 17 PARKING LOTS INSIDE THE PROPERTY. OWNER IS WILLING TO SHOW THE NEW BUYERS HOW TO RUN THE BUSINESS FOR A SHORT PERIOD OF TIME.

Last Agent to Sell the Property

Miguel Leon

Century 21 Dorar Realty License #0700286 Listed on: 09/05/2012

Century 21 Dorar Realty

Last Buyer's Agent

Miguel Leon

Century 21 Dorar Realty License #0700286 Listed on: 09/05/2012

Century 21 Dorar Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,412

Year Built

  • Built in 1955

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 50x50
  • Corner Lot
  • Additional Parcels
  • Property is zoned 39/MULTI

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Twelfth St Acres Plan 2 Condos
  • Twelfth St Acres Plan 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-06-023-0250

Property Details

Property Type

Land

Est. Annual Taxes

$9,412

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Year Built: 1955
  • Property Sub Type: Commercial
  • Horses: No
  • Lot Size: 50x50
  • New Construction: No
  • Road Frontage Type: Public Road
  • Structure Type: Commercial
  • Subdivision Name: TWELFTH ST ACRES PLAN 2
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld, Urban Commercial

Exterior Features

  • Lot Features: City Location, Corner Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TWELFTH ST ACRES PLAN 2

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-06-023-0250
  • Additional Parcels: Yes
  • Current Use: Unimproved Hotel/Motel
  • Lot Size Sq Ft: 17200
  • Zoning: 39/MULTI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 9412

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2012
Closed on
Feb 7, 2013
Sold by
Nize Inc
Bought by
Subisi Inc
Seller's Agent
Miguel Leon
Century 21 Dorar Realty
Buyer's Agent
Miguel Leon
Century 21 Dorar Realty
List Price
$875,000
Sold Price
$660,000
Premium/Discount to List
-$215,000
-24.57%
Current Estimated Value
$1,558,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$898,256
Avg. Annual Appreciation
6.98%
Original Mortgage
$270,000
Outstanding Balance
$188,919
Interest Rate
3.43%
Mortgage Type
Commercial
Estimated Equity
$1,369,337

Purchase Details

Closed on
Mar 2, 2006
Sold by
Fuentes Zenaida
Bought by
Nize Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,000
Interest Rate
8.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2006
Sold by
Gonzalez Nivaldo
Bought by
Nize Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,000
Interest Rate
8.75%
Mortgage Type
Commercial
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
Subisi Inc $495,000 Attorney
Nize Inc $600,000 Attorney
Nize Inc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subisi Inc $270,000
Previous Owner Nize Inc $618,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2013 02/07/13 Sold $660,000 -24.6% $38 / Sq Ft
01/12/2013 01/12/13 Pending -- -- --
09/05/2012 09/05/12 For Sale $875,000 -- $51 / 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 $21,223 $1,037,494 -- --
2024 $19,953 $943,177 -- --
2023 $19,953 $857,434 $0 $0
2022 $17,181 $779,486 $0 $0
2021 $15,464 $708,624 $0 $0
2020 $14,596 $766,967 $688,000 $78,967
2019 $13,776 $763,937 $688,000 $75,937
2018 $12,803 $777,690 $602,000 $175,690
2017 $11,707 $484,000 $0 $0
2016 $13,588 $591,505 $0 $0
2015 $12,933 $537,732 $0 $0
2014 $11,086 $488,848 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Miguel Leon

    Century 21 Dorar Realty

    (305) 596-5721

    Miguel Leon
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1685136

MIAMI REALTORS® MLS

APN: 01-4106-023-0250

Florida Miami/Dade County Coral Gables 33126 Flagami

5180 W Flagler St, Coral Gables, FL

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