NOT LISTED FOR SALE

Estimated Value: $567,338

-- Bed
-- Bath
-- Sq Ft
1991 Built

Last Sold November 18, 2016

Last sale price $750,000

Est. 24% decrease in value since last sale

Current estimated payment $4,228/month

157 Days on Market

About This Home

As of November 2016

Best Deal on Brickell for Office space! Amazing 2700 SF of luxurious office space in the waterfront community of Brickell Key. Currently used as a law office but has many possibilities. Magnificent layout with a , large reception area, 7 large private offices, conference room , Kitchen & bathroom. 8 Assigned covered Parking Spots. $8,000/Month plus sales tax Gross Lease. COMMISSION PAID ON BASE, NOT ON TAXES AND HOA FEES! Also available for sale $859,000

Last Agent to Sell the Property

Lisa Miller

One Sotheby's International Realty License #0596003 Listed on: 12/24/2015

One Sotheby's International Realty

Co-Listed By

Patrick Killen

MMLS Assoc.-Inactive Member License #0329966

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,618

Year Built

  • Built in 1991

Lot Details

  • Property is zoned 86/SPECI

Home Design

  • Concrete Roof

Parking

  • 8 Parking Spaces
  • Covered Parking

Listing and Financial Details

  • Assessor Parcel Number 01-42-06-056-3950

Community Details

Overview

  • No Home Owners Association
  • 18-Story Property

Security

  • Security Guard

Property Details

Property Type

Other

Est. Annual Taxes

$11,618

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1991
  • Property Sub Type: Lease
  • Business Type: Condominium, Office Space
  • Co List Office Mls Id: KWEP01
  • Co List Office Phone: 305-931-2224
  • Directions: BRICKELL KEY
  • Horses: No
  • New Construction: No
  • Building Stories: 18
  • Structure Type: Lease
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 18

Interior Features

  • Flooring: Other
  • Possible Use: Investment
  • Stories: 18

Exterior Features

  • Roof: Concrete
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Covered
  • Total Parking Spaces: 8

Utilities

  • Electric: Other Electric
  • Electricity On Property: Yes
  • Security: Security Guard

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-42-06-056-3950
  • Current Use: Commercial Office
  • Zoning: 86/SPECI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11618

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2024
Sold by
Buckhead Capital Corporation
Bought by
Wels Systems Foundation Llc
Current Estimated Value
$567,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Outstanding Balance
$427,168
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$140,170

Purchase Details

Listed on
Dec 24, 2015
Closed on
Nov 8, 2016
Sold by
Miera Holdings Llc
Bought by
Buckhead Capital Corp
Seller's Agent
Lisa Miller
One Sotheby's International Realty
List Price
$8,000
Sold Price
$750,000
Premium/Discount to List
$742,000
9275%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.10%
Original Mortgage
$375,000
Interest Rate
3.47%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 14, 2003
Sold by
Indrio Development Corp
Bought by
Micra Holdings Llc

Purchase Details

Closed on
Dec 28, 1998
Sold by
Bcom Property Corp
Bought by
Indrio Development Corp

Purchase Details

Closed on
Jul 6, 1998
Sold by
The B Partnership Ltd
Bought by
Bcom Property Corp
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
Wels Systems Foundation Llc $770,000 None Listed On Document
Wels Systems Foundation Llc $770,000 None Listed On Document
Buckhead Capital Corp $750,000 Attorney
Micra Holdings Llc $440,000 --
Indrio Development Corp $240,000 --
Bcom Property Corp $121,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wels Systems Foundation Llc $570,000
Closed Wels Systems Foundation Llc $570,000
Previous Owner Buckhead Capital Corp $375,000
Previous Owner Bcom Property Corp $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $750,000 +9275.0% --
05/27/2016 05/27/16 Pending -- -- --
12/22/2015 12/22/15 For Sale $8,000 -- --
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 $14,642 $715,500 -- --
2024 $15,424 $715,500 -- --
2023 $15,424 $697,950 $0 $0
2022 $13,377 $634,500 $0 $0
2021 $13,192 $607,500 $0 $0
2020 $13,223 $607,500 $0 $0
2019 $13,252 $607,500 $0 $0
2018 $12,759 $595,840 $0 $0
2017 $12,901 $595,840 $0 $0
2016 $12,826 $565,288 $0 $0
2015 $9,815 $513,899 $0 $0
2014 $9,815 $467,181 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10007071

MIAMI REALTORS® MLS

APN: 01-4206-056-3950