NOT LISTED FOR SALE

5400 Davie Rd Davie, FL 33314

Estimated Value: $4,374,037

8.94 Acres
$489,266 Price per Acre
389,426 Sq Ft Lot

Sale Details

Date Sold: May 16, 2016

Last sale price $1,700,000

Est. 157% increase in value since last sale

Current estimated payment $27,485 / mo

167 Days on Market

About This Lot

As of May 2016

Development opportunity in an 8.9 acre vacant land. Lot has a single family home that can be rented while your project is designed and presented to the City of Davie. Mixed use zoning: Front side of the lot, facing Davie Rd, allows offices and residential density of 5 dwelling units per acre. Back side of the lot is agricultural and residential with a density of 2 dwelling units per acre (May qualify for 3 dwelling units per acre as included on Future Land Use Plan Map).

Last Agent to Sell the Property

Patricia Manrique

EXP Realty LLC License #3084404 Listed on: 10/23/2015

EXP Realty LLC

Last Buyer's Agent

Andres Montoya

MMLS Assoc.-Inactive Member License #3116442

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,146

Year Built

  • Built in 1955

Lot Details

  • 8.94 Acre Lot
  • Northeast Facing Home
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned R-O

Additional Features

  • City Lot
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Everglade Land Sales Co R Condos
  • Everglade Land Sales Co R Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504135020410

Property Details

Property Type

Land

Est. Annual Taxes

$25,146

Year Built

Built in 1955

Lot Details

8.94 Acres

Listing Details

  • Property Type: Land/Boat Docks
  • Year Built: 1955
  • Property Sub Type: Residential
  • Directions: Easy access to I-595 and Florida’s Turnpike. Lot features double access (one from Davie Rd and another from SW 61st Ave. Few trees on lot and plenty of space ready to build.
  • Horses: No
  • Lot Size Acres: 8.94
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road
  • Structure Type: Residential
  • Subdivision Name: EVERGLADE LAND SALES CO R
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: Northeast
  • Lot Features: City Location, 5 To Less Than 10 Acre Lot, Cleared
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: EVERGLADE LAND SALES CO R

Utilities

  • Sewer: None
  • Water Source: Municipal Water
  • Utilities: No Utilities, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 504135020410
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan
  • Development Status: Undeveloped
  • Zoning: R-O
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 25146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2015
Closed on
May 16, 2016
Sold by
Campuzano Procel Investment Group Llc
Bought by
5400 Davie Road Llc
Seller's Agent
Patricia Manrique
EXP Realty LLC
Buyer's Agent
Andres Montoya
MMLS Assoc.-Inactive Member
List Price
$1,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$100,000
-5.56%
Current Estimated Value
$4,374,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,674,037
Avg. Annual Appreciation
10.05%

Purchase Details

Closed on
Sep 3, 2010
Sold by
Ciedi Osvaldo
Bought by
Campuzano Procel Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 26, 1994
Sold by
Burton Wanda Lee
Bought by
Ciedi Osvaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.26%
Mortgage Type
Commercial
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
5400 Davie Road Llc $1,700,000 Attorney
Campuzano Procel Investment Group Llc $2,000,000 Attorney
Ciedi Osvaldo $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campuzano Procel Investment Group Llc $150,000
Previous Owner Ciedi Osvaldo $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2016 05/16/16 Sold $1,700,000 -5.6% --
04/07/2016 04/07/16 Pending -- -- --
10/23/2015 10/23/15 For Sale $1,800,000 -- --
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
2026 $47,130 $2,351,120 $1,918,820 $432,300
2025 $46,179 $2,307,330 $1,947,130 $360,200
2024 $43,589 $2,307,330 $1,947,130 $360,200
2023 $43,589 $2,126,330 $0 $0
2022 $13,860 $675,970 $0 $0
2021 $13,346 $639,680 $398,750 $240,930
2020 $13,512 $639,680 $398,750 $240,930
2019 $13,266 $627,940 $398,750 $229,190
2018 $13,105 $627,940 $398,750 $229,190
2017 $31,535 $1,564,000 $0 $0
2016 $28,911 $1,414,620 $0 $0
2015 $27,821 $1,286,020 $0 $0
2014 $25,146 $1,169,110 $0 $0
2013 -- $1,186,100 $1,185,270 $830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2194706

MIAMI REALTORS® MLS

APN: 50-41-35-02-0410

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