NOT LISTED FOR SALE

Estimated Value: $3,646,000 - $3,662,155

0.5 Acres
$7,308,156 Price per Acre
21,780 Sq Ft Lot

Last Sold November 30, 2021

Last sale price $2,400,000 $12,371 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $21,587/month

66 Days on Market

Highlights

  • 0.5 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

As of November 2021

"Opportunity Zone" THIS A OLD GAS STATION SITE. ENVIRONMENTAL REPORT PHASE ONE HAS SUCCESSFULLY COMPLETED SINCE 2010. ALL UNDERGROUND TANKS HAVE BEEN REMOVED SINCE 2010. FOR MORE INFO PLEASE CALL AGENT.

Last Agent to Sell the Property

Pierre Amilcar

Compas Realty, LLC. License #3087742 Listed on: 05/11/2021

Last Buyer's Agent

Jean Castor

Related General Realty, LLC. License #3420397

Related General Realty, LLC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,285

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 10000x155
  • Corner Lot
  • Property is zoned 7000

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Hillside Terr Condos
  • Hillside Terr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-12-068-0150

Property Details

Property Type

Land

Est. Annual Taxes

$14,285

Lot Details

0.5 Acres

Listing Details

  • Property Type: Commercial Land
  • Directions: CORNER OF 71 STREET AND NORTH MIAMI AVE
  • Horses: No
  • Lot Size Acres: 0.5
  • Lot Size: 10000x155
  • New Construction: No
  • Road Frontage Type: Legal Access Road, City/County Maintained, Public Road
  • Subdivision Name: HILLSIDE TERR
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Industrial

Exterior Features

  • Lot Features: Central Business District, City Location, Commerce Park, Corner Location, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HILLSIDE TERR

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-12-068-0150
  • Current Use: Unimproved Business/Commercial, Income (Other)
  • Lot Size Sq Ft: 19446
  • Zoning: 7000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 14285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Lrmf Equity Owner Llc
Bought by
Lrmf Owner Llc
Current Estimated Value
$3,654,078

Purchase Details

Listed on
May 11, 2021
Closed on
Nov 30, 2021
Sold by
Compas Investment Group Ii Llc
Bought by
Lrmf Equity Owner Llc
Seller's Agent
Pierre Amilcar
Compas Realty, LLC.
Buyer's Agent
Jean Castor
Related General Realty, LLC.
List Price
$3,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$1,100,000
-31.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%

Purchase Details

Closed on
Jan 9, 2013
Sold by
Voltaire Nelson
Bought by
Compas Investment Group Ii Llc

Purchase Details

Closed on
Oct 27, 2006
Sold by
Escobar Diana Insignares and Insignares Edgardo G
Bought by
Voltaire Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.33%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lrmf Owner Llc -- None Listed On Document
Lrmf Equity Owner Llc $2,400,000 None Listed On Document
Lrmf Equity Owner Llc $2,400,000 None Listed On Document
Compas Investment Group Ii Llc $200,000 Supreme Title & Escrow Inc
Voltaire Nelson $460,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Voltaire Nelson $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $2,400,000 -31.4% $12,371 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $3,500,000 -- $18,041 / 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 $30,886 $1,361,220 $1,361,220 --
2024 $37,486 $1,833,454 $1,652,910 $180,544
2023 $37,486 $1,823,557 $1,652,910 $170,647
2022 $29,581 $1,435,660 $1,263,990 $171,670
2021 $15,010 $614,963 $0 $0
2020 $14,285 $892,641 $738,948 $153,693
2019 $10,913 $517,222 $369,474 $147,748
2018 $9,677 $462,032 $314,053 $147,979
2017 $9,740 $458,579 $0 $0
2016 $9,205 $416,890 $0 $0
2015 $8,470 $378,991 $0 $0
2014 $7,814 $344,538 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11040696

MIAMI REALTORS® MLS

APN: 01-3112-068-0150

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