NOT LISTED FOR SALE

645 NW 5th Ave Miami, FL 33136

Overtown Neighborhood

Estimated Value: $296,000 - $357,000

0.17 Acre
$1,957,523 Price per Acre
7,500 Sq Ft Lot

Last Sold January 22, 2020

Last sale price $611,111 $126 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $2,181/month

43 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 5-minute walk to Henry Reeves Park

About This Lot

As of January 2020

GREAT OPPORTUNITY FOR DEVELOPERS/INVESTORS! This 7,500sqft corner lot is one of three adjacent parcels (same owner) available for sale totaling 13,500sqft (645/635/631 NW 5th Avenue). Owner willing to sell individual parcel. Centrally located in the heart of Miami's historic Overtown community & situated just blocks from the Miami River, I-95, Miami World Center, Reeves Park, Lummus Park, Downtown Soccer facility, Miami-Dade Metrorail & bus stations, and centered between American Airlines Arena & the Miami Marlins Park. This lot has a 2-story 4,845sqft structure which is tenant-occupied. Potential owner financing available.

Last Agent to Sell the Property

Lauren Lavina

EXP Realty LLC License #3271475 Listed on: 09/26/2019

EXP Realty LLC

Last Buyer's Agent

Arthur Bartholomew

Walnut Street Realty Co License #3244033

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,535

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 75x100
  • Corner Lot
  • Property is zoned 6101

Additional Features

  • 4,845 Sq Ft Home
  • City Lot
  • Phone Connected

Community Details

  • No Home Owners Association
  • Miami North Condos
  • Miami North Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-01-05-030-1060

Property Details

Property Type

Land

Est. Annual Taxes

$3,535

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Sole Proprietor
  • Property Sub Type: Commercial
  • Horses: No
  • Lot Size Acres: 0.172
  • Lot Size: 75x100
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road
  • Road Surface Type: Paved
  • Structure Type: Commercial
  • Subdivision Name: MIAMI NORTH
  • Special Features: VirtualTour

Interior Features

  • Living Area: 4845
  • Possible Use: Unknown/Withheld, Other Plan Use

Exterior Features

  • Lot Features: Central Business District, City Location, Corner Lot, Urban Area Development, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MIAMI NORTH

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Green Building Features: Automobile Traffic, Build To Suit, Pedestrian Traffic, Sidewalk
  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-01-05-030-1060
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units), Other Usage, Other Style
  • Lot Size Sq Ft: 7500
  • Zoning: 6101
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2015
Sold by
Tower View Townhomes Inc
Bought by
Wcwh Holdings Llc
Current Estimated Value
$336,694

Purchase Details

Closed on
Feb 22, 2013
Sold by
Principal Lenders Group Inc
Bought by
Tower View Townhomes Inc

Purchase Details

Closed on
Jun 3, 2010
Sold by
Delmar Homes Iii Llc
Bought by
Principal Lenders Group Inc
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
Wcwh Holdings Llc $386,000 Attorney
Tower View Townhomes Inc $725,000 --
Principal Lenders Group Inc $1,100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2020 01/22/20 Sold $611,111 -22.4% $126 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $787,500 -- $163 / 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
2024 $3,795 $190,333 -- --
2023 $3,795 $173,030 $0 $0
2022 $3,471 $157,300 $0 $0
2021 $175 $7,625 $0 $0
2020 $176 $7,625 $0 $0
2019 $175 $7,625 $0 $0
2018 $172 $7,625 $0 $0
2017 $174 $7,625 $0 $0
2016 $177 $7,625 $0 $0
2015 $165 $6,710 $0 $0
2014 $148 $6,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Lavina

    Seller's Agent in 2020

    Lauren Lavina

    EXP Realty LLC

    (786) 586-5946

    27 Total Sales

    Lauren Lavina
    Section Image

  • A

    Buyer's Agent in 2020

    Arthur Bartholomew

    Walnut Street Realty Co

    (305) 434-5235

    2 Total Sales

    Arthur Bartholomew
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10743932

MIAMI REALTORS® MLS

APN: 16-7824-037-0130

Florida Miami/Dade County Miami 33136 Overtown

645 NW 5th Ave, Miami, FL

This home is located at 645 NW 5th Ave, Miami, FL 33136 since 26 September 2019 and is currently estimated at $336,694, approximately $69 per square foot. 645 NW 5th Ave is a home located in Miami-Dade County with nearby schools including Frederick R. Douglass Elementary, Jose De Diego Middle School, and Booker T. Washington Senior High School.

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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