NOT LISTED FOR SALE

6720 SW 98th St Miami, FL 33156

Estimated Value: $2,741,000

0.87 Acre
$3,150,575 Price per Acre
37,897 Sq Ft Lot

Last Sold October 15, 2020

Last sale price $1,125,000

Est. 144% increase in value since last sale

Current estimated payment $16,382/month

302 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Fenced
  • Pinecrest Elementary School Rated A

About This Lot

As of October 2020

Custom Luxury Home Opportunity! Vacant Land has been cleared, graded and is ready to break ground. The plans for this one-of-a-kind modern estate have been meticulously designed by Architect Giorgio Balli. The custom designed home will span over 11,000sf and encompass 6 bedrooms all with en-suite baths, 2 staff bedrooms, several entertainment areas and beautiful outdoor spaces with lush surroundings. Building Permit has been paid and Contractor is ready to begin construction. This is an excellent opportunity to work alongside one of South Florida's most prominent custom home builders, Balli Group. This property is very well situated in close proximity to excellent schools, shopping and restaurants. Sale of Land with Approved Set of Plans and Building Permit, ready to break ground.

Last Agent to Sell the Property

Audrey Ross, Ph.D

Compass Florida, LLC License #3391913 Listed on: 10/30/2019

Compass Florida, LLC

Last Buyer's Agent

Archie Mehech

Archie Realty Inc License #0362567

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,442

Lot Details

  • 0.87 Acre Lot
  • East Facing Home
  • Fenced
  • Corner Lot
  • Cleared Lot
  • Property is zoned 2300

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Jayco Sub Condos
  • Jayco Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-50-02-025-0010

Property Details

Property Type

Land

Est. Annual Taxes

$13,442

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Inclusions: None
  • Lot Size Acres: 0.87
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Paved Road, Public Road
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Residential
  • Subdivision Name: JAYCO SUB
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Primary

Exterior Features

  • View: None
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: City Location, Corner Location, Near School, Other Soil Type, 3/4 To Less Than 1 Acre Lot, Build To Suit, Cleared, Compact Soil, Fenced
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: JAYCO SUB

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 20-50-02-025-0010
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 37897
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 13442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Nov 26, 2020
Sold by
Arca Miami Holdings Llc
Bought by
Casa Bella Miami Llc
Seller's Agent
Audrey Ross, Ph.D
Compass Florida, LLC
Buyer's Agent
Archie Mehech
Archie Realty Inc
List Price
$1,495,000
Sold Price
$1,125,000
Premium/Discount to List
-$370,000
-24.75%
Current Estimated Value
$2,741,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,616,000
Avg. Annual Appreciation
19.45%

Purchase Details

Listed on
Oct 30, 2019
Closed on
Oct 15, 2020
Sold by
Elicar International Investments Llc
Bought by
Arca Miami Holdings Llc
Seller's Agent
Audrey Ross, Ph.D
Compass Florida, LLC
Buyer's Agent
Archie Mehech
Archie Realty Inc
List Price
$1,495,000
Sold Price
$1,125,000
Premium/Discount to List
-$370,000
-24.75%

Purchase Details

Listed on
Mar 2, 2016
Closed on
Jul 28, 2016
Sold by
6798 Pinecrest Corp
Bought by
Elicar International Investments Llc
Seller's Agent
Rafael Gordillo
London Foster Realty
Buyer's Agent
Rafael Gordillo
London Foster Realty
List Price
$1,150,000
Sold Price
$900,000
Premium/Discount to List
-$250,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
May 13, 2010
Sold by
Indeven Corp
Bought by
6798 Pinecrest Corp

Purchase Details

Closed on
May 10, 2004
Sold by
Wachovia Bank Na
Bought by
Indeven Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Casa Bella Miami Llc -- Attorney
Arca Miami Holdings Llc $1,125,000 Attorney
Elicar International Investments Llc $900,000 Continental Title Group Inc
6798 Pinecrest Corp -- Attorney
Indeven Corp $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Indeven Corp $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2020 10/15/20 Sold $1,125,000 -16.4% --
08/27/2020 08/27/20 Pending -- -- --
02/24/2020 02/24/20 Price Changed $1,345,500 -10.0% --
10/30/2019 10/30/19 For Sale $1,495,000 +66.1% --
08/01/2016 08/01/16 Sold $900,000 -21.7% -- View Prior Sale
07/01/2016 07/01/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $1,150,000 -- --
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 $24,080 $1,220,667 -- --
2024 $21,682 $1,109,698 -- --
2023 $21,682 $1,008,817 $0 $0
2022 $17,234 $917,107 $0 $0
2021 $15,030 $833,734 $833,734 $0
2020 $12,332 $682,146 $682,146 $0
2019 $13,776 $757,940 $757,940 $0
2018 $13,442 $757,940 $757,940 $0
2017 $13,554 $757,940 $0 $0
2016 $12,176 $605,605 $0 $0
2015 $11,835 $550,550 $0 $0
2014 $10,669 $500,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Audrey Ross, Ph.D

    Seller's Agent in 2020

    Audrey Ross, Ph.D

    Compass Florida, LLC

    (305) 206-4003

    6 in this area

    232 Total Sales

    Audrey Ross, Ph.D
    Section Image

  • A

    Buyer's Agent in 2020

    Archie Mehech

    Archie Realty Inc

    (305) 205-8935

    8 Total Sales

    Archie Mehech
    Section Image

  • R

    Seller's Agent in 2016

    Rafael Gordillo

    London Foster Realty

    Section Image
  • Irving Padron

    Seller Co-Listing Agent in 2016

    Irving Padron

    Engel & Voelkers

    (305) 444-9500

    3 Total Sales

    Irving Padron
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10764503

MIAMI REALTORS® MLS

APN: 20-5002-025-0010

Florida Miami/Dade County Miami 33156

6720 SW 98th St, Miami, FL

This home is located at 6720 SW 98th St, Miami, FL 33156 since 30 October 2019 and is currently estimated at $2,741,000. 6720 SW 98th St is a home located in Miami-Dade County with nearby schools including Pinecrest Elementary School, Palmetto Middle School, and Miami Palmetto 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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