NOT LISTED FOR SALE

Estimated Value: $2,998,000

Studio
-- Bath
-- Sq Ft
16,988 Sq Ft Lot

Last Sold May 20, 2022

Last sale price $650,000

Est. 361% increase in value since last sale

Current estimated payment $16,420/month

60 Days on Market

Highlights

  • 0.39 Acre Lot
  • Corner Lot
  • No HOA

About This Home

As of May 2022

Vacant land to build up to 22 units of mixed uses such as residential, hotel/lodging, office and/or general commercial in Miami, FL. Close to and in the path of progress between Wynwood & Little River via NW 2nd Ave; as well near Magic City & MIMO Districts via NW 62nd & 72nd Streets. Zoned Miami 21 T5-L, this 14,930 SF land allows development between 2 to 5 stories on a corner-lot with the benefit of a curb-cut on NW 64th Street. Build up to 59,400 +/- buildable SF exclusive of parking or other utility restrictions. Hot market for rental income development in the City of Miami.

Last Agent to Sell the Property

Brian Carter, MBA, CCIM

Douglas Elliman License #3022095 Listed on: 12/01/2021

Douglas Elliman

Co-Listed By

Daniel Hernandez

MMLS Assoc.-Inactive Member License #3347083

Last Buyer's Agent

Brian Carter, MBA, CCIM

Douglas Elliman License #3022095 Listed on: 12/01/2021

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,146

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 142x100
  • Corner Lot
  • Additional Parcels

Home Design

Location

  • City Lot

Community Details

  • No Home Owners Association
  • North College Track Condos
  • North College Track Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-13-028-0010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,146

Lot Details

0.39 Acres

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Income/MultiFamily
  • Co List Office Mls Id: DEOM10
  • Co List Office Phone: 305-677-5000
  • Directions: Drive by to see the site. No Survey or Phase I exists. Seller has not done any architectural work. Seller has not prepared nor submitted plans. There are no existing entitlements. By right develop up to 22 units per Miami 21 zoning. One curb cut.
  • Horses: No
  • Lot Size Acres: 0.39
  • Lot Size: 142x100
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: NORTH COLLEGE TRACK
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld, Open Land, Urban Commercial

Exterior Features

  • Lot Features: City Location, Corner Lot, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORTH COLLEGE TRACK

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-13-028-0010
  • Additional Parcels: Yes
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 14930
  • Zoning: 6107
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2024
Sold by
Karpos Holdings Llc
Bought by
Zero Six Am Llc
Current Estimated Value
$2,998,000

Purchase Details

Listed on
Dec 1, 2021
Closed on
May 20, 2022
Sold by
2Nd Ave Llc
Bought by
Karpos Holdings Llc
Seller's Agent
Brian Carter, MBA, CCIM
Douglas Elliman
Buyer's Agent
Brian Carter, MBA, CCIM
Douglas Elliman
List Price
$999,000
Sold Price
$650,000
Premium/Discount to List
-$349,000
-34.93%

Purchase Details

Closed on
Jun 28, 2019
Sold by
Jordan Gary Issa and Jordan Gary
Bought by
2Nd Ave Llc

Purchase Details

Closed on
May 28, 2014
Sold by
Gary William H
Bought by
Kito Gary Issa and Kito Gary

Purchase Details

Closed on
Nov 26, 1997
Sold by
Murrell Lee W and Murrell Ann C
Bought by
New Land Development Corp

Purchase Details

Closed on
Jun 29, 1995
Sold by
Murphy Frank G
Bought by
Murrell Ann C and Murrell Lee W
Source: Public Records
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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
Zero Six Am Llc $1,149,000 None Listed On Document
Karpos Holdings Llc $650,000 Clear Title Group
2Nd Ave Llc -- None Available
Kito Gary Issa -- Attorney
New Land Development Corp $4,000 --
Murrell Ann C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $650,000 -34.9% --
01/31/2022 01/31/22 Pending -- -- --
12/01/2021 12/01/21 For Sale $999,000 -- --
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 $9,846 $540,650 $540,650 --
2024 $10,103 $491,500 $491,500 --
2023 $10,103 $491,500 $491,500 $0
2022 $5,604 $237,886 $0 $0
2021 $5,146 $216,260 $0 $0
2020 $4,187 $196,600 $196,600 $0
2019 $2,836 $196,600 $196,600 $0
2018 $2,427 $167,110 $167,110 $0
2017 $2,350 $83,260 $0 $0
2016 $1,890 $75,691 $0 $0
2015 $1,530 $68,810 $0 $0
2014 $1,053 $28,934 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11129728

MIAMI REALTORS® MLS

APN: 01-3113-028-0010

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