NOT LISTED FOR SALE

6848 SW 68th St South Miami, FL 33143

Estimated Value: $2,351,000 - $4,789,000

0.51 Acre
$7,620,889 Price per Acre
22,204 Sq Ft Lot

Last Sold November 01, 2021

Last sale price $1,050,000 $365 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $24,787/month

25 Days on Market

Highlights

  • 22,204 Sq Ft lot
  • No HOA
  • Fenced
  • Ludlam Elementary School Rated 9+
  • Landscaped with Trees

About This Lot

As of November 2021

Beautiful quiet residential piece of land 22,204 SQFT on very private street in the City of South Miami . Property is walled in and gated for privacy and surrounded by Multi Million Dollar estates . Sale includes plans to build 6 bedroom 6 baths home with a total of 8,946 square foot residence or you can be creative and build your own forever home adding your own style and design . Owner willing to build home or sell the land by itself . Call L/A for more information .

Last Agent to Sell the Property

Miguel Solis

Douglas Elliman License #0624178 Listed on: 09/06/2021

Douglas Elliman

Co-Listed By

Mario Chirino

Douglas Elliman License #3055493

Last Buyer's Agent

Miguel Solis

Douglas Elliman License #0624178 Listed on: 09/06/2021

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,996

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 122x182
  • North Facing Home
  • Fenced
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned 2100

Utilities

  • Well
  • Septic Tank
  • Phone Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Linden Acres Condos
  • Linden Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-40-26-001-0040

Property Details

Property Type

Land

Est. Annual Taxes

$8,996

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: DEOM19
  • Co List Office Phone: 305-695-6060
  • Directions: 69 AVE TO SW 68 STREET GO EAST TO PROPERTY
  • Horses: No
  • Lot Size: 122x182
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: LINDEN ACRES
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: North
  • Waterfront Elevation: 5
  • Fencing: Fenced
  • Lot Features: Other Soil Type, 1/2 To Less Than 3/4 Acre Lot, Build To Suit, Cleared, Fenced, Gutter, Street Lights, Well
  • Other Structures: None, Well Kept
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LINDEN ACRES

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water, Well
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Irrigation Water, Phone Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 09-40-26-001-0040
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 22204
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8996

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Oct 28, 2021
Sold by
Pino Henry and Espinosa Patricia O
Bought by
Gil Augusto Julio and Gil Elizabeth Casas
Seller's Agent
Miguel Solis
Douglas Elliman
Buyer's Agent
Miguel Solis
Douglas Elliman
List Price
$1,500,000
Sold Price
$1,050,000
Premium/Discount to List
-$450,000
-30%
Current Estimated Value
$3,884,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,834,624
Avg. Annual Appreciation
38.96%
Original Mortgage
$1,100,000
Outstanding Balance
$1,010,697
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,752,564

Purchase Details

Closed on
Jan 10, 2019
Sold by
Mattei Chica Manuel and Mattei Chica Michelle
Bought by
Pino Henry and Espinosa Patricia O

Purchase Details

Closed on
May 8, 2017
Sold by
Waldman Diane Mcnaughton Reinmuth
Bought by
Chica Manuel and Chica Michelle Mattei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 9, 2012
Sold by
Waldman Diane Mcnaughton Reinmuth
Bought by
Waldman Diane Mcnaughton Reinmuth
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
Gil Augusto Julio $1,050,000 Attorney
Pino Henry $675,000 Concept Title Services Inc
Chica Manuel $550,000 Attorney
Waldman Diane Mcnaughton Reinmuth -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gil Augusto Julio $500,000
Open Gil Augusto Julio $1,100,000
Previous Owner Chica Manuel $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $1,050,000 -30.0% $365 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/06/2021 09/06/21 For Sale $1,500,000 -- $522 / 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 $51,265 $2,705,976 -- --
2024 $11,900 $2,672,872 -- --
2023 $11,900 $613,866 $0 $0
2022 $10,732 $558,060 $558,060 $0
2021 $9,716 $483,652 $483,652 $0
2020 $8,996 $446,448 $446,448 $0
2019 $9,252 $458,144 $446,448 $11,696
2018 $12,901 $654,230 $427,846 $226,384
2017 $8,973 $424,840 $0 $0
2016 $8,251 $386,219 $0 $0
2015 $7,698 $351,109 $0 $0
2014 $7,540 $319,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Miguel Solis

    Seller's Agent in 2021

    Miguel Solis

    Douglas Elliman

    (305) 343-9554

    4 in this area

    135 Total Sales

    Miguel Solis
    Section Image
  • Mario Chirino

    Seller Co-Listing Agent in 2021

    Mario Chirino

    Douglas Elliman

    (786) 253-7653

    3 in this area

    75 Total Sales

    Mario Chirino
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11094683

MIAMI REALTORS® MLS

APN: 09-4026-001-0040

Florida Miami/Dade County South Miami 33143

6848 SW 68th St, South Miami, FL

This home is located at 6848 SW 68th St, South Miami, FL 33143 since 06 September 2021 and is currently estimated at $3,884,624, approximately $1,352 per square foot. 6848 SW 68th St is a home located in Miami-Dade County with nearby schools including Ludlam Elementary School, South Miami Middle School, and South Miami 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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