NOT LISTED FOR SALE

Estimated Value: $5,645,000

0.13 Acres
$43,759,690 Price per Acre
5,650 Sq Ft Lot

Sale Details

Date Sold: March 10, 2017

Last sale price $1,400,000 $1,464 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $36,922 / mo

134 Days on Market

About This Lot

As of March 2017

This 5,650 SF lot is located in one of the hottest areas in the country. The Wynwood Arts District. Centrally located to restaurants, galleries, bars and new developments. Zoned T5-0 this site includes the new up zoning of higher density allowing condos, multi family, retail, commercial. Plus the opportunity to purchase adjoining lot 64 NW 28th St for an additional $1.6M A home currently sits on the property. Please do not disturb tenant. Please see attachment for Zoning Feasibility Study.

Last Agent to Sell the Property

Michael Toomey

Keller Williams Realty Miami Beach License #0622241 Listed on: 10/13/2016

Keller Williams Realty Miami Beach

Last Buyer's Agent

Adam Freeman

PMG Residential LLC License #3261408

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,329

Lot Details

  • 5,650 Sq Ft Lot
  • Lot Dimensions are 50x113
  • Property is zoned R-3

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Donmoore Villa Amd Condos
  • Donmoore Villa Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-25-029-0850

Property Details

Property Type

Land

Est. Annual Taxes

$6,329

Lot Details

5,650 Sq Ft Lot

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 0.129
  • Lot Size: 50x113
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Road Surface Type: Paved
  • Subdivision Name: Donmoore Villa Amd
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Urban Commercial

Exterior Features

  • Lot Features: Urban Area Development, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Donmoore Villa Amd

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-25-029-0850
  • Current Use: Unimproved Business/Commercial, Unimproved Hotel/Motel, Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 5650
  • Zoning: R-3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6329

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2016
Closed on
Mar 30, 2017
Sold by
Bought by
Seller's Agent
Michael Toomey
Keller Williams Realty Miami Beach
Buyer's Agent
Adam Freeman
PMG Residential LLC
List Price
$1,600,000
Sold Price
$1,400,000
Premium/Discount to List
-$200,000
-12.5%
Current Estimated Value
$5,645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,245,000

Purchase Details

Listed on
Oct 13, 2016
Closed on
Mar 28, 2017
Sold by
Bought by
Seller's Agent
Michael Toomey
Keller Williams Realty Miami Beach
Buyer's Agent
Adam Freeman
PMG Residential LLC
List Price
$1,600,000
Sold Price
$1,400,000
Premium/Discount to List
-$200,000
-12.5%

Purchase Details

Closed on
Jul 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2001
Sold by
Bought by

Purchase Details

Closed on
May 22, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 2000
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,400,000 None Available
-- Fidelity National Title Grou
$140,000 Home Funding Title Group Inc
$85,000 --
$47,500 --
$100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $105,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $1,400,000 -12.5% $1,464 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
10/13/2016 10/13/16 For Sale $1,600,000 -- $1,674 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $73,969 $3,593,700
2024 $67,909 $3,267,000
2023 $67,909 $2,969,623 $0 $0
2022 $61,840 $2,789,292 $0 $0
2021 $60,243 $2,535,720 $0 $0
2020 $58,140 $2,712,000 $2,712,000 $0
2019 $27,989 $1,356,000 $1,356,000 $0
2018 $28,002 $1,318,751 $1,271,250 $47,501
2017 $12,313 $121,326 $0 $0
2016 $10,601 $110,297 $0 $0
2015 $6,329 $100,270 $0 $0
2014 $3,078 $91,155 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10162677

MIAMI REALTORS® MLS

APN: 01-3125-029-0850

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