$875,000
SOLD AUG 12, 2024

555 NE 127th St North Miami, FL 33161

0.39 Acre
$2,220,812 Price per Acre
17,163 Sq Ft Lot

Recently Sold

$493 Per Sq Ft

24% Below List Price

124 Days on Market

About This Lot

As of August 2024

Reduced! Residential property being offered for land value to build conditionally approved 12-unit (or less) 3-story multi-family project. Site plan to be submitted, one has been prepared but Buyer can opt to make changes. Architectural plans are included.. We encourage drive by the property. The house is in beautiful condition and can be rented during the permitting process. North Miami is bustling with new large-scale developments, close to shopping, a museum of modern art, steps to upcoming downtown North Miami, restaurants, and close to new planned rapid transit system and major highways. this property has bonus options!

Last Agent to Sell the Property

Pamela Perez

Two Cities Realty License #3035320 Listed on: 04/03/2024

Co-Listed By

Lesley Martinez

Luxe Properties License #3143202

Last Buyer's Agent

Yarin Dori

The Agency Real Estate Firm LLC License #3277285

The Agency Real Estate Firm LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,333

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 75x229
  • Oversized Lot
  • Interior Lot
  • Property is zoned 0700

Location

  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Griffing Biscayne Pk Est Condos
  • Griffing Biscayne Pk Est Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-22-30-024-0300

Property Details

Property Type

Land

Est. Annual Taxes

$13,333

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Co List Office Mls Id: LMPR01
  • Co List Office Phone: 305-809-7650
  • Horses: No
  • Lot Size Acres: 0.394
  • Lot Size: 75x229
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: GRIFFING BISCAYNE PK EST
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Suburban

Exterior Features

  • Lot Features: Central Business District, City Location, Inside Lot, Oversized Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRIFFING BISCAYNE PK EST

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 06-22-30-024-0300
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 17175
  • Zoning: 0700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13333

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 12, 2024
Sold by
Alvarez Edwin I
Bought by
Arviv Group Llc
Seller's Agent
Lesley Martinez
Luxe Properties
Buyer's Agent
Yarin Dori
The Agency Real Estate Firm LLC
List Price
$890,000
Sold Price
$875,000
Premium/Discount to List
-$15,000
-1.69%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.91%
Original Mortgage
$656,250
Outstanding Balance
$649,894
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$209,373

Purchase Details

Listed on
May 6, 2018
Closed on
Jun 12, 2018
Sold by
Bjp Investments Inc
Bought by
Alvarez Edwin I
Seller's Agent
Jodi Pollack
Platinum Realty & Investments
List Price
$389,900
Sold Price
$375,000
Premium/Discount to List
-$14,900
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.72%
Original Mortgage
$337,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2017
Sold by
U S Bank National Assn
Bought by
Bjp Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 10, 2016
Sold by
Kadia Berthulien and Kadia Joel
Bought by
U S Bank Na Trs

Purchase Details

Closed on
Apr 22, 2003
Sold by
Berthulien Kadia and Berthulien Joel
Bought by
Berthulien Joel and Berthulien Kadia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,453
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2000
Sold by
Lindberg Andrew W and Lindberg Soraya
Bought by
Fevrier Kadia

Purchase Details

Closed on
Dec 8, 1999
Sold by
Graves Marvin
Bought by
Lindberg Andrew W
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 Type Sale Price Title Company
Warranty Deed $875,000 Kc Title Agency
Warranty Deed $375,000 Attorney
Special Warranty Deed $215,000 None Available
Deed $236,800 --
Interfamily Deed Transfer -- Garden Title Corp
Warranty Deed $88,000 --
Quit Claim Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $656,250 New Conventional
Previous Owner $390,000 New Conventional
Previous Owner $337,000 New Conventional
Previous Owner $337,500 New Conventional
Previous Owner $180,000 Future Advance Clause Open End Mortgage
Previous Owner $236,250 Unknown
Previous Owner $195,000 Fannie Mae Freddie Mac
Previous Owner $83,453 New Conventional
Previous Owner $83,453 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 For Rent $5,700 0.0% --
08/12/2024 08/12/24 Sold $875,000 0.0% $441 / Sq Ft
08/12/2024 08/12/24 Sold $875,000 -1.7% $493 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $890,000 0.0% $448 / Sq Ft
06/12/2024 06/12/24 Price Changed $890,000 +1.1% $501 / Sq Ft
06/12/2024 06/12/24 Price Changed $880,000 -11.9% $495 / Sq Ft
05/25/2024 05/25/24 Price Changed $999,000 -13.1% $563 / Sq Ft
04/09/2024 04/09/24 For Sale $1,150,000 +206.7% $648 / Sq Ft
06/12/2018 06/12/18 Sold $375,000 -3.8% $177 / Sq Ft
05/13/2018 05/13/18 Pending -- -- --
05/06/2018 05/06/18 For Sale $389,900 -- $184 / 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
2024 $13,333 $631,290 $429,669 $201,621
2023 $13,333 $598,873 $394,450 $204,423
2022 $7,210 $366,619 $0 $0
2021 $7,179 $355,941 $0 $0
2020 $7,085 $351,027 $190,181 $160,846
2019 $7,149 $353,146 $190,181 $162,965
2018 $6,445 $285,797 $183,138 $102,659
2017 $5,127 $224,876 $0 $0
2016 $1,563 $109,551 $0 $0
2015 $1,600 $108,790 $0 $0
2014 $1,611 $107,927 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11564972

MIAMI REALTORS® MLS

APN: 06-2230-024-0300