NOT LISTED FOR SALE

5811 SW 88th St Miami, FL 33156

Estimated Value: $945,738 - $3,127,000

0.75 Acre
$3,066,913 Price per Acre
32,670 Sq Ft Lot

Last Sold May 21, 2024

Last sale price $2,100,000 $2,077 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $13,189/month

18 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • 5-minute walk to Dante Fascell Park
  • Pinecrest Elementary School Rated A
  • Fenced

About This Lot

As of May 2024

Experience the epitome of lush private living at this North Pinecrest estate on a builder's acre of 29,000 sf overlooking Snapper Creek Canal. Nestled on a verdant and sprawling lot, this property boasts a prime location surrounded by nature and a canal. The existing structure offers a canvas to create a custom dream residence or to renovate the current home. With ample space for a pool, summer kitchen, and other outdoor amenities, this property is an exceptional opportunity for those who value privacy, space, and the freedom to design their own luxury oasis. A true gem located within minutes of top-rated schools, houses of worship, fine dining, and boutique shopping, this North Pinecrest property invites you to bring your architect and unlock the potential of this hidden treasure.

Last Agent to Sell the Property

Miguel Solis

Douglas Elliman License #0624178 Listed on: 04/06/2024

Douglas Elliman

Co-Listed By

Alfredo Murciano

Douglas Elliman License #3490697

Last Buyer's Agent

Gerhardt Grill

One Sotheby's International Realty License #3553442

One Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,247

Lot Details

  • 0.75 Acre Lot
  • 90 Ft Wide Lot
  • Home fronts a canal
  • Dirt Road
  • South Facing Home
  • Fenced
  • Additional Parcels
  • Property is zoned 2100

Utilities

  • Well
  • Septic Tank

Additional Features

  • Canal Views
  • City Lot
  • Drainage Canal

Community Details

  • No Home Owners Association
  • Avocado Land Co Sub Condos
  • Avocado Land Co Sub,North Pinecrest Subdivision

Listing and Financial Details

  • Tax Lot 29000
  • Assessor Parcel Number 20-50-01-001-0080

Property Details

Property Type

Land

Est. Annual Taxes

$16,247

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: DEOM19
  • Co List Office Phone: 305-695-6060
  • Directions: RED ROAD TO NORTH KENDALL DRIVE GO WEST TO PROPERTY ON NORTH SIDE
  • Horses: No
  • Inclusions: Other
  • Lot Size Acres: 0.75
  • New Construction: No
  • Road Frontage Type: Legal Access Road, Paved Road
  • Road Surface Type: Paved Road
  • Structure Type: Residential
  • Subdivision Name: AVOCADO LAND CO SUB,North Pinecrest
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • View: Canal View
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: City Location, Dirt, Drainage Canal, Fenced, Septic, Well
  • Other Structures: Run Down
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: AVOCADO LAND CO SUB

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 20-50-01-001-0080
  • Additional Parcels: Yes
  • Current Use: Residential, Check Land Use Plan, Recreational
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 29000
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16247
  • Tax Lot: 29000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2024
Closed on
May 21, 2024
Sold by
5811 Kendall Property Llc
Bought by
88 Pinecrest Llc
Seller's Agent
Miguel Solis
Douglas Elliman
Buyer's Agent
Gerhardt Grill
One Sotheby's International Realty
List Price
$2,225,000
Sold Price
$2,100,000
Premium/Discount to List
-$125,000
-5.62%
Views
33
Current Estimated Value
$2,300,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,185
Avg. Annual Appreciation
-4.47%
Original Mortgage
$1,747,000
Outstanding Balance
$1,726,844
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$256,602

Purchase Details

Closed on
Jul 15, 2021
Sold by
Charlie Housing Llc
Bought by
5811 Kendall Property Llc

Purchase Details

Closed on
Nov 10, 2014
Sold by
Lopez Richard Henry and Currier Maria T
Bought by
Charlie Housing Llc

Purchase Details

Closed on
Mar 21, 2005
Sold by
Sloan Robert K and Lopez Richard H
Bought by
Lopez Richard Henry and Currier Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2004
Sold by
Levinson Pamela G and Bowden Dana
Bought by
Sloan Robert K and Lopez Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
5.98%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
88 Pinecrest Llc $2,100,000 None Listed On Document
5811 Kendall Property Llc $1,450,000 Attorney
Charlie Housing Llc $660,400 Attorney
Lopez Richard Henry $780,000 --
Sloan Robert K $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 88 Pinecrest Llc $1,747,000
Previous Owner Lopez Richard Henry $624,000
Previous Owner Sloan Robert K $556,000
Closed Sloan Robert K $69,500
Closed Lopez Richard Henry $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $2,100,000 -5.6% $2,077 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/06/2024 04/06/24 For Sale $2,225,000 -- $2,201 / 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 $7,867 $985,759 $980,100 $5,659
2024 $16,247 $403,697 $290,110 $113,587
2023 $16,247 $844,583 $0 $0
2022 $14,060 $767,803 $653,400 $114,403
2021 $9,867 $454,624 $0 $0
2020 $9,177 $567,285 $522,720 $44,565
2019 $8,805 $567,454 $522,720 $44,734
2018 $6,642 $341,567 $294,030 $47,537
2017 $6,575 $341,745 $0 $0
2016 $10,695 $555,461 $0 $0
2015 $9,846 $504,965 $0 $0
2014 $6,589 $306,852 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11564383

MIAMI REALTORS® MLS

APN: 20-5001-001-0080