NOT LISTED FOR SALE

Estimated Value: $1,642,464

0.36 Acres
$4,562,400 Price per Acre
15,695 Sq Ft Lot

Sale Details

Date Sold: April 25, 2016

Last sale price $725,000 $46 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $10,373 / mo

150 Days on Market

Highlights

  • 15,695 Sq Ft lot
  • No HOA
  • 4-minute walk to Belle Meade Park
  • Corner Lot
  • Landscaped with Trees

About This Lot

As of April 2016

Land development opportunity just a few blocks from the newest Triton Center & Biscayne Plaza development site. This well-known area is feeling the overflow of many successful re-developments occurring in surrounding areas such as Wynnwood & Design Distri ct. Several new businesses such as CVS and the Hilton Inn have already joined the next upcoming neighborhood. Corner lot nestled in a private street, lays this 15,695 square foot lot ready for a T5R development.

Last Agent to Sell the Property

Nancy Hensel

Coldwell Banker Realty License #0682064 Listed on: 08/28/2015

Coldwell Banker Realty

Co-Listed By

Irma Larancuente

Coldwell Banker Realty License #SEF:3226891

Last Buyer's Agent

MAR NON-MEMBER

NO MLS PARTICIPATION (MAR) License #0

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,264

Year Built

  • Built in 1936

Lot Details

  • 15,695 Sq Ft Lot
  • Street terminates at a dead end
  • North Facing Home
  • Corner Lot
  • Landscaped with Trees
  • Property is zoned 46/MULTI

Home Design

  • 15,695 Sq Ft Home

Location

  • East of U.S. Route 1
  • City Lot

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-32-07-016-3340

Community Details

Overview

  • No Home Owners Association
  • Shore Crest Condos
  • Shore Crest Subdivision

Recreation

  • Utility Building

Property Details

Property Type

Land

Est. Annual Taxes

$4,264

Year Built

Built in 1936

Lot Details

0.36 Acres

Listing Details

  • Property Type: Land/Boat Docks
  • Year Built: 1936
  • Horses: No
  • New Construction: No
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved Road
  • Structure Type: Other
  • Subdivision Name: SHORE CREST
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: North
  • Lot Features: City Location, Corner Location, Dead-End Location, Near Airport, Other Soil Type, Corner Lot, East Of US 1, Other
  • Other Structures: Utility Building
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SHORE CREST

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Other Utilities Available, Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-07-016-3340
  • Additional Parcels: No
  • Current Use: Multi-Family, Other Usage
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 15695
  • Zoning: 46/MULTI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2020
Sold by
Neos Development Llc
Bought by
Mimo 80 Llc
Current Estimated Value
$1,642,464

Purchase Details

Listed on
Aug 28, 2015
Closed on
Apr 25, 2016
Sold by
Bellas Eduardo and Bellas Gladys
Bought by
Neos Development Llc
Seller's Agent
Nancy Hensel
Coldwell Banker Realty
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$950,000
Sold Price
$725,000
Premium/Discount to List
-$225,000
-23.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
Aug 26, 2010
Sold by
First Financial Of Delaware Corporation
Bought by
Bellas Eduardo and Bellas Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.61%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 3, 2010
Sold by
First Financial Of Delaware Corp
Bought by
Bellas Eduardo and Bellas Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.61%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 8, 1998
Sold by
7118 Inc
Bought by
First Financial Of Delaware Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 4, 1993
Sold by
Berkson Marshall H
Bought by
7118 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.42%
Mortgage Type
Commercial
Source: Public Records
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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
Mimo 80 Llc -- Attorney
Neos Development Llc $725,000 Rte Title Company
Bellas Eduardo -- South Coast Title Company
Bellas Eduardo -- None Available
First Financial Of Delaware Corp $250,000 --
7118 Inc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellas Eduardo $60,000
Previous Owner First Financial Of Delaware Corp $195,000
Previous Owner 7118 Inc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2016 04/25/16 Sold $725,000 -23.7% $46 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
08/28/2015 08/28/15 For Sale $950,000 -- $61 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $19,265 $919,161 -- --
2024 $25,246 $835,601 -- --
2023 $25,246 $759,638 $0 $0
2022 $15,891 $690,580 $0 $0
2021 $13,339 $627,800 $627,800 $0
2020 $11,700 $549,325 $549,325 $0
2019 $11,827 $554,067 $549,325 $4,742
2018 $11,606 $554,116 $549,325 $4,791
2017 $14,220 $671,252 $0 $0
2016 $7,808 $202,319 $0 $0
2015 $5,278 $183,927 $0 $0
2014 $4,265 $167,207 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2166579

MIAMI REALTORS® MLS

APN: 01-3207-016-3340

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