NOT LISTED FOR SALE

6280 SW 57th Ave Miami, FL 33143

Estimated Value: $1,459,000 - $8,867,414

2.9 Acres
$1,780,416 Price per Acre
126,324 Sq Ft Lot

Last Sold July 22, 2024

Last sale price $10,200,000 $3,065 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $28,070/month

203 Days on Market

Highlights

  • Partially Wooded Lot
  • David Fairchild Elementary School Rated A-
  • No HOA

About This Lot

As of July 2024

The property is in a prime location for redevelopment. It is uniquely located next to the University of Miami campus and close to US1. The zoning is both residential (R1) and multifamily (R4). The existing home is historic. This home is also being marketed as a commercial property. See the attachment for further details.

Last Agent to Sell the Property

James Wagy

Coldwell Banker License #0561046 Listed on: 12/01/2023

Coldwell Banker

Last Buyer's Agent

James Wagy

Coldwell Banker License #0561046 Listed on: 12/01/2023

Coldwell Banker

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,393

Lot Details

  • 2.9 Acre Lot
  • North Facing Home
  • Partially Wooded Lot
  • Property is zoned 0100

Community Details

  • No Home Owners Association
  • Acreage And Unrecorded Condos
  • Acreage And Unrecorded Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-25-000-0070

Property Details

Property Type

Land

Est. Annual Taxes

$10,393

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Directions: Corner of 57th (Red Road) and SW 64th ST
  • Horses: No
  • Lot Size Acres: 2.9
  • New Construction: No
  • Structure Type: Other
  • Subdivision Name: Acreage and unrecorded
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: North
  • Lot Features: Septic
  • Other Structures: Livable, Other Bldg Incl
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Acreage and unrecorded

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 30-40-25-000-0070
  • Additional Parcels: No
  • Current Use: Residential
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 126063
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Jul 19, 2024
Sold by
Compton Elizabeth Marie and Howell Stephen Mark
Bought by
Ttg 57 Llc
Seller's Agent
James Wagy
Coldwell Banker
Buyer's Agent
James Wagy
Coldwell Banker
List Price
$14,500,000
Sold Price
$10,200,000
Premium/Discount to List
-$4,300,000
-29.66%
Views
167
Current Estimated Value
$5,163,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,036,793
Avg. Annual Appreciation
-41.50%
Original Mortgage
$6,500,000
Outstanding Balance
$6,421,766
Interest Rate
6.95%
Mortgage Type
Balloon
Estimated Equity
-$1,258,559

Purchase Details

Closed on
Jan 27, 2014
Sold by
Howell Stephen Mark
Bought by
Howell Stephen Mark and Howell Elizabeth M

Purchase Details

Closed on
Apr 8, 1996
Sold by
Howell Ann W
Bought by
Howell Frances A W and Howell Joe O
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
Ttg 57 Llc $10,200,000 None Listed On Document
Howell Stephen Mark -- Attorney
Howell Frances A W $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ttg 57 Llc $6,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2024 07/22/24 Sold $10,200,000 -29.7% $3,065 / Sq Ft
12/31/2023 12/31/23 For Sale $14,500,000 -- $4,357 / 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 $10,930 $4,540,875 $4,341,000 $199,875
2024 $10,393 $602,875 -- --
2023 $10,393 $585,454 $0 $0
2022 $10,330 $568,540 $0 $0
2021 $10,293 $552,119 $0 $0
2020 $9,445 $502,420 $0 $0
2019 $9,213 $491,231 $0 $0
2018 $8,812 $482,160 $0 $0
2017 $8,773 $472,341 $0 $0
2016 $8,694 $461,777 $0 $0
2015 $8,752 $458,594 $0 $0
2014 -- $454,985 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    James Wagy

    Coldwell Banker

    (561) 395-2233

    15 Total Sales

    James Wagy
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11506624

MIAMI REALTORS® MLS

APN: 30-4025-000-0070

Florida Miami/Dade County Miami 33143

6280 SW 57th Ave, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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