NOT LISTED FOR SALE

572 NW 22nd St Miami, FL 33127

Wynwood Neighborhood

Estimated Value: $1,245,000 - $1,443,000

0.1 Acre
$13,048,544 Price per Acre
4,500 Sq Ft Lot

Last Sold December 12, 2014

Last sale price $200,000 $316 Per Sq Ft

Est. 572% increase in value since last sale

Current estimated payment $8,077/month

56 Days on Market

About This Lot

As of December 2014

Wynwood Art District area Lot. Excellent investment opportunity for development. Very close to I-95 with full visibility. Property is complete unimproved. Photos taken 9/18/2014

Last Agent to Sell the Property

Joel Valencia

Keller Williams Capital Realty License #3104992 Listed on: 09/16/2014

Keller Williams Capital Realty

Last Buyer's Agent

Joel Valencia

Keller Williams Capital Realty License #3104992 Listed on: 09/16/2014

Keller Williams Capital Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,507

Year Built

  • Built in 1923

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 34x120
  • Property is zoned 77/INDUS

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-035-3050

Community Details

Overview

  • No Home Owners Association
  • North West 7Th Ave Add Condos
  • North West 7Th Ave Add Subdivision

Building Details

  • Other Expense $1,507

Property Details

Property Type

Land

Est. Annual Taxes

$1,507

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Year Built: 1923
  • Ownership: Other Ownership
  • Property Sub Type: Industrial
  • Directions: FROM NORTH MIAMI AVENUE, DRIVE UP TO NW 20TH AVE AND HEAD WEST. TURN RIGHT (NORTH) ON NW 5TH PLACE. THEN TURN LEFT AT THE T. GO THROUGH THE CURVE AND TURN RIGHT ON 22ND ST THE LOT IS ON THE RIGHT ABOUT 90 FEET FROM THE CORNER.
  • Horses: No
  • Lot Size Acres: 0.103
  • Lot Size: 34x120
  • New Construction: No
  • Road Frontage Type: Legal Access Road, Public Road
  • Road Surface Type: Paved
  • Structure Type: Industrial
  • Subdivision Name: NORTH WEST 7TH AVE ADD
  • Special Features: None

Interior Features

  • Possible Use: Unknown/Withheld, Industrial

Exterior Features

  • Lot Features: Other Location, Out Parcel, Less Than 1 Acre, No Bldg Included
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORTH WEST 7TH AVE ADD

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-25-035-3050
  • Additional Parcels: No
  • Current Use: Unimproved Industrial/Mfg/Warehouse
  • Lot Size Sq Ft: 4500
  • Zoning: 77/INDUS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2014
Closed on
Dec 12, 2014
Sold by
Banks Raymond and Banks Ulrike
Bought by
Milana Holdings Llc
Seller's Agent
Joel Valencia
Keller Williams Capital Realty
Buyer's Agent
Joel Valencia
Keller Williams Capital Realty
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Current Estimated Value
$1,344,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,144,000
Avg. Annual Appreciation
19.14%

Purchase Details

Closed on
Oct 29, 2001
Sold by
Herbert B Boukater I
Bought by
Banks Raymond
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
Milana Holdings Llc $200,000 Superior Title Of South Fl I
Banks Raymond $15,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2014 12/12/14 Sold $200,000 -9.1% $316 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $220,000 -- $348 / 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 $12,090 $408,510 -- --
2024 $11,885 $371,373 -- --
2023 $11,885 $337,612 $0 $0
2022 $9,030 $306,920 $0 $0
2021 $8,999 $279,019 $0 $0
2020 $8,707 $717,150 $717,150 $0
2019 $6,692 $478,100 $478,100 $0
2018 $7,808 $717,150 $717,150 $0
2017 $8,318 $232,725 $0 $0
2016 $6,796 $173,250 $0 $0
2015 $3,502 $157,500 $0 $0
2014 $1,590 $54,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joel Valencia

    Seller's Agent in 2014

    Joel Valencia

    Keller Williams Capital Realty

    (305) 471-4800

    81 Total Sales

    Joel Valencia
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2006085

MIAMI REALTORS® MLS

APN: 01-3125-035-3050

Florida Miami/Dade County Miami 33127 Wynwood

572 NW 22nd St, Miami, FL

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