NOT LISTED FOR SALE

Estimated Value: $6,265,000

0.99 Acre
$6,328,283 Price per Acre
43,124 Sq Ft Lot

Last Sold January 21, 2014

Last sale price $11,700,000 $269 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $39,122/month

185 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Waterfront
  • North Beach Elementary School Rated A-
  • Private Dock
  • 0.99 Acre Lot

About This Lot

As of January 2014

One of a kind opportunity! This private compound is 1 acre (per owner survey) & is perfect for end user, developer or investor. The property is situated 1 lot in from the point (west side) and offers the best views on Allison Island. Owner is in the proce ss of demolishing structures & in early stages of splitting parcel into two 22k +/- sq ft lots. 200 linear ft of water frontage. Buy one or both! Seller or broker make no warranties or representations.

Last Agent to Sell the Property

Kevin Tomlinson

MMLS Assoc.-Inactive Member License #0611110 Listed on: 06/19/2013

Last Buyer's Agent

David Lombardi

Lombardi Properties License #0602540

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,008

Year Built

  • Built in 1962

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 200x217.45
  • Waterfront
  • Dirt Road
  • Cul-De-Sac
  • West Facing Home
  • Landscaped with Trees
  • Additional Parcels
  • Property is zoned 21/EST 1

Interior Spaces

  • 43,490 Sq Ft Home
  • Ocean Views

Location

  • Flood Zone Lot
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-003-0300

Community Details

Overview

  • No Home Owners Association
  • 11 53 42 Indian Creek Sub Condos
  • 11 53 42 Indian Creek Sub Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$25,008

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Year Built: 1962
  • Property Sub Type: Residential
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size Acres: 0.99
  • Lot Size: 200x217.45
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Paved Road, Public Road
  • Road Surface Type: Paved Road, Dirt
  • Structure Type: Residential
  • Subdivision Name: 11 53 42 INDIAN CREEK SUB
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • View: Ocean View
  • Direction Faces: West
  • Disclosures: Disclosure
  • Waterfront Elevation: 5
  • Lot Features: City Location, Cul-De-Sac Location, Lot Located In A Flood Zone, Other Location, Dirt, 3/4 To Less Than 1 Acre Lot, Filled, Sidewalk, Waterfront Bulkhead
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 11 53 42 INDIAN CREEK SUB

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-11-003-0300
  • Additional Parcels: Yes
  • Current Use: Residential, Other Usage
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 43490
  • Zoning: 21/EST 1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 25008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2013
Closed on
Jan 21, 2014
Sold by
Bramson Frank and Bramson Phyllis G
Bought by
Burke Michael and Burke Brigitte
Seller's Agent
Kevin Tomlinson
MMLS Assoc.-Inactive Member
Buyer's Agent
David Lombardi
Lombardi Properties
List Price
$13,000,000
Sold Price
$11,700,000
Premium/Discount to List
-$1,300,000
-10%
Current Estimated Value
$6,265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,435,000
Avg. Annual Appreciation
-5.16%
Source: Public Records

Range of Values:

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Average Value
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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
Burke Michael $11,700,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2014 01/21/14 Sold $11,700,000 -10.0% $269 / Sq Ft
12/21/2013 12/21/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $13,000,000 -- $299 / 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 $526,705 $26,455,840 -- --
2024 $496,277 $24,050,764 -- --
2023 $496,277 $21,864,331 $0 $0
2022 $384,294 $19,876,665 $0 $0
2021 $353,487 $18,069,696 $9,752,400 $8,317,296
2020 $347,242 $17,688,250 $9,288,000 $8,400,250
2019 $185,718 $9,288,000 $9,288,000 $0
2018 $198,268 $10,260,000 $10,260,000 $0
2017 $192,538 $9,670,320 $0 $0
2016 $180,149 $7,831,635 $0 $0
2015 $181,664 $8,876,079 $0 $0
2014 $109,203 $5,197,146 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1803361

MIAMI REALTORS® MLS

APN: 02-3211-003-0300