Estimated payment $3,836/month
About This Lot
Develop existing plans for 8 townhomes w/ garages btwn Wynwood, Magic City, Little River, Miami Beach, MIA Airport, & the new Swerdlow Group development of 5,000 units in Miami, FL in the path of progress. This is a 7,100 SF lot Zoned T5-R. “Opportunity Zone” great since plans are ready to come out of the ground. Alternatively, the Live Local Act allows up to 20 units or change to small apartments for 10 units by right; subject to parking requirements. Budget friendly ‘Covered land play’ for income until one demolishes & develops. This home is used as a 3/2, is updated, & rented. Complimentary APPROVED PLANS, pending only the payment of impact fees & permit fees for 8 large Townhomes. Development calls for 8 separate water & sewer & FP&L meters, plus rooftops w/ summer kitchens.
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,599
Lot Details
- 7,100 Sq Ft Lot
- Lot Dimensions are 71x100
- Irregular Lot
- Property is zoned 4600
Additional Features
- City Lot
- Cable TV Available
Community Details
- No Home Owners Association
- Forest Park Condos
- Forest Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-13-025-0050
Home Values in the Area
Average Home Value in this Area
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 | $6,599 | $277,695 | -- | -- |
| 2024 | $7,001 | $252,450 | -- | -- |
| 2023 | $7,001 | $229,500 | $181,050 | $48,450 |
| 2022 | $5,957 | $270,514 | $177,500 | $93,014 |
| 2021 | $704 | $68,991 | $0 | $0 |
| 2020 | $1,030 | $68,039 | $0 | $0 |
| 2019 | $1,021 | $66,510 | $0 | $0 |
| 2018 | $996 | $65,270 | $0 | $0 |
| 2017 | $996 | $63,928 | $0 | $0 |
| 2016 | $1,007 | $62,614 | $0 | $0 |
| 2015 | $1,017 | $62,179 | $0 | $0 |
| 2014 | $1,029 | $61,686 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Pending | -- | -- | -- |
| 07/07/2025 07/07/25 | Rented | $2,400 | -3.8% | -- |
| 06/23/2025 06/23/25 | For Rent | $2,495 | 0.0% | -- |
| 04/29/2025 04/29/25 | For Sale | $595,000 | 0.0% | -- |
| 06/10/2024 06/10/24 | Rented | $2,595 | 0.0% | -- |
| 06/09/2024 06/09/24 | Off Market | $2,595 | -- | -- |
| 05/27/2024 05/27/24 | For Rent | $2,595 | -25.9% | -- |
| 04/05/2023 04/05/23 | Rented | $3,500 | +40.8% | -- |
| 04/03/2023 04/03/23 | For Rent | $2,485 | -4.4% | -- |
| 02/21/2022 02/21/22 | Rented | -- | -- | -- |
| 02/06/2022 02/06/22 | For Rent | $2,600 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $270,000 | Ray A Schlichte Jr Pa | |
| Warranty Deed | $150,000 | Ray A Schlichte Jr Pa |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $267,000 | Credit Line Revolving | |
| Closed | $273,000 | Balloon |
Source: MIAMI REALTORS® MLS
MLS Number: A11792450
APN: 01-3113-025-0050
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