NOT LISTED FOR SALE

Estimated Value: $3,627,000 - $9,151,686

0.5 Acre
$14,666,052 Price per Acre
21,601 Sq Ft Lot

Last Sold May 01, 2023

Last sale price $8,800,000 $1,836 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $50,451/month

7 Days on Market

Highlights

  • Private Dock
  • Property fronts an intracoastal waterway
  • No HOA
  • North Beach Elementary School Rated A-
  • Canal View
  • 2-minute walk to Brittany Bay Park

About This Lot

As of May 2023

The best priced, oversized waterfront lot in Miami Beach, and the only one available with 100 feet of waterfront in this price range. Build your dream home on gated Allison Island, on this 21,600 SF lot with 100 feet of prime waterfrontage and enjoy ocean breezes and east exposure with immediate access to the bay – ideal for boaters. Allison Island is an exclusive community of only waterfront homes, located 2 blocks to the beautiful beaches and La Gorce Country Club, and a short drive to Bal Harbour, Sunset Harbour, Design District, and airport. Seller financing available. Also selling as a finished house at $15.9M.

Last Agent to Sell the Property

Nelson Gonzalez

BHHS EWM Realty License #0449460 Listed on: 03/27/2023

BHHS EWM Realty

Last Buyer's Agent

Cyril Matz

Douglas Elliman License #3110560

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $109,836

Lot Details

  • 0.5 Acre Lot
  • 100 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • Home fronts a canal
  • East Facing Home
  • Landscaped with Trees
  • Property is zoned 0800

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-003-0150

Community Details

Overview

  • No Home Owners Association
  • Indian Creek Sub Condos
  • Indian Creek Sub Subdivision

Recreation

  • Unrestricted saltwater access
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$109,836

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Inclusions: Private Dock,Unrestricted Salt Water Access
  • Lot Size Acres: 0.4959
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: INDIAN CREEK SUB
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • View: Canal View
  • Direction Faces: East
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot, Other
  • Other Structures: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: INDIAN CREEK SUB

Utilities

  • Water Source: Municipal Water
  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-11-003-0150
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 21600
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 109836

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Aug 16, 2022
Sold by
Ouazana and Pascale
Bought by
6505 Allison Road Llc
Seller's Agent
Dina Goldentayer
Douglas Elliman
Buyer's Agent
Dina Goldentayer
Douglas Elliman
List Price
$14,500,000
Sold Price
$7,900,000
Premium/Discount to List
-$6,600,000
-45.52%
Views
10
Current Estimated Value
$7,272,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$627,105
Avg. Annual Appreciation
-2.58%

Purchase Details

Closed on
Dec 17, 2021
Sold by
Us Plo 224 Llc
Bought by
Ouazana Laurent and Ouazana Pacale

Purchase Details

Listed on
Jul 29, 2020
Closed on
Nov 12, 2020
Sold by
Perez Gerardo M and Perez Silvia M
Bought by
Us Plo 224 Llc
Seller's Agent
Ida Schwartz
Compass Florida, LLC
Buyer's Agent
Dina Goldentayer
Douglas Elliman
List Price
$6,700,000
Sold Price
$6,412,500
Premium/Discount to List
-$287,500
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%

Purchase Details

Closed on
Sep 1, 1999
Sold by
Estrada Joseph A and Aguiar Rene F
Bought by
Perez Gerardo M and Perez Silvia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.5%
Mortgage Type
New Conventional
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
6505 Allison Road Llc $7,900,000 --
Ouazana Laurent $3,000,000 Frederic Barthe Pa
Us Plo 224 Llc $6,412,500 Attorney
Perez Gerardo M $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Gerardo M $375,000
Previous Owner Perez Gerardo M $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $8,800,000 -1.7% $1,836 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $8,950,000 +13.3% $1,867 / Sq Ft
08/29/2022 08/29/22 Sold $7,900,000 -27.5% $1,648 / Sq Ft View Prior Sale
06/14/2022 06/14/22 Price Changed $10,900,000 -9.2% $2,274 / Sq Ft
05/16/2022 05/16/22 Price Changed $12,000,000 -9.4% $2,504 / Sq Ft
04/07/2022 04/07/22 Price Changed $13,250,000 -8.6% $2,764 / Sq Ft
03/29/2022 03/29/22 For Sale $14,500,000 +126.1% $3,025 / Sq Ft
11/13/2020 11/13/20 Sold $6,412,500 -4.3% $1,491 / Sq Ft View Prior Sale
10/13/2020 10/13/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $6,700,000 -- $1,557 / 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 $147,680 $7,571,510 $7,560,000 $11,510
2024 $128,795 $7,463,637 $7,452,000 $11,637
2023 $128,795 $6,815,764 $6,804,000 $11,764
2021 $109,837 $5,514,103 $4,876,200 $637,903
2020 $26,734 $1,173,536 $0 $0
2019 $27,171 $1,147,152 $0 $0
2018 $25,734 $1,125,763 $0 $0
2017 $24,482 $1,102,609 $0 $0
2016 $26,478 $1,079,931 $0 $0
2015 $26,256 $1,072,425 $0 $0
2014 $24,410 $1,063,914 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11362707

MIAMI REALTORS® MLS

APN: 02-3211-003-0150