NOT LISTED FOR SALE
-- Bed
1 Bath
3,599 Sq Ft
5,650 Sq Ft Lot

Last Sold July 21, 2022

Last sale price $1,275,000 $354 Per Sq Ft

222 Days on Market

Highlights

  • Beach Access
  • No HOA
  • 2-minute walk to Tatum Park
  • Corner Lot

About This Home

As of July 2022

Tucked between the Intercoastal and the ocean- just 4 blocks from the beach lies your perfect investment property in Altos del Mar. This detached art deco multifamily is made up of a total of 6 units- (4) 1/1 and (2) large studios. Below market rents with long-term month-to-month tenants. Perfect opportunity to redevelop this 5650 SF corner income-producing property. Walking distance to the world-famous Collins Ave, North Shore Park Beach, restaurants, shopping, and bars.

Last Agent to Sell the Property

Agostina Mittone

Compass Florida, LLC License #3421497 Listed on: 10/08/2021

Compass Florida, LLC

Co-Listed By

Dario Domfrocht

Beachfront Realty Inc License #3284337

Last Buyer's Agent

Shlomo Rafaelov

Hudson Capital Realty LLC License #3426306

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,708

Lot Details

  • 5,650 Sq Ft Lot
  • Corner Lot

Home Design

Additional Features

  • Beach Access
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Altos Del Mar No 3 Condos
  • Altos Del Mar No 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-007-2310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,708

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Income/MultiFamily
  • Co List Office Mls Id: ROBR01
  • Co List Office Phone: 305-405-0615
  • Horses: No
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Subdivision Name: ALTOS DEL MAR NO 3
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment, None

Exterior Features

  • Lot Features: Beach Area, Corner Lot, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ALTOS DEL MAR NO 3

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-02-007-2310
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 5650
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12708
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $1,275,000 -15.0% $354 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
10/08/2021 10/08/21 For Sale $1,500,000 -- $417 / Sq Ft
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
2025 -- $954,497 -- --
2024 -- $867,725 -- --
2023 $0 $788,841 $678,000 $110,841
2022 $12,987 $691,167 $678,000 $13,167
2021 $12,922 $669,259 $565,000 $104,259
2020 $12,708 $691,240 $678,000 $13,240
2019 $11,206 $578,276 $565,000 $13,276
2018 $10,812 $575,000 $565,000 $10,000
2017 $13,102 $688,000 $0 $0
2016 $10,436 $446,050 $0 $0
2015 $8,034 $405,500 $0 $0
2014 $7,091 $349,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11109038

MIAMI REALTORS® MLS