NOT LISTED FOR SALE

7222 S Red Rd Unit 7222 Miami, FL 33155

-- Bed
-- Bath
980 Sq Ft
980 Sq Ft Lot

Highlights

  • Wood Flooring
  • No HOA
  • Storage
  • Sunset Elementary School Rated A
  • Cooling Available
  • Heating Available

About This Home

As of December 2014

Incredible Retail Space located in South Miami, near Sunset Place Mall on the ground floor of a small shopping center. 980 square feet of Retail Space. Recently renovated. Move in ready. Includes backdoor, storage room and additional office/storage room o n the second floor. High income area and dense residential population.

Last Agent to Rent the Property

Cristian Cardenas

MMLS Assoc.-Inactive Member License #3082905 Listed on: 11/04/2014

Last Renter's Agent

Diana Minervine

Olde Towne Inter'l Rlty License #3290151

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $256,231

Year Built

  • Built in 1955

Lot Details

  • 980 Sq Ft Lot
  • Property is zoned 64/COMM

Home Design

  • Concrete Roof

Interior Spaces

  • 2-Story Property
  • Storage
  • Wood Flooring
  • Fire and Smoke Detector

Parking

  • On-Street Parking
  • Open Parking

Location

  • City Lot

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Crossroads Building Condos

Listing and Financial Details

  • Tenant pays for a/c & heating maintenance, electricity, sales tax, sewer, trash collection, water
  • Renewal Option Lease Term
  • Assessor Parcel Number 09-40-36-022-0010

Property Details

Property Type

Other

Est. Annual Taxes

$256,231

Year Built

Built in 1955

Lot Details

0

Rental Info

  • Tenant Pays: A/C & Heating Maintenance, Electricity, Sales Tax, Sewer, Trash Collection, Water
  • Lease Term: Renewal Option

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1955
  • Property Sub Type: Lease
  • Business Type: Retail Space, Shopping Center
  • Directions: SW 72 ST TO 57 AVE, MAKE RIGHT - FIRST BUILDING ON YOUR RIGHT.
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Road Frontage Type: City
  • Building Stories: 2
  • Structure Type: Lease
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Number Of Buildings: 1
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Concrete
  • Construction Type: Insulated
  • Lot Features: City Location
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CROSSROADS BUILDING
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sanitation
  • Water Source: Public
  • Green Building Features: Open Storage, Rear Access
  • Cooling: Central Individual A/C
  • Cooling Y N: Yes
  • Electric: 101-200 Amps
  • Electricity On Property: Yes
  • Heating: Central Individual A/C
  • Heating Yn: Yes
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 09-40-36-022-0010
  • Current Use: Commercial Lease
  • Land Lease: No
  • Lot Size Sq Ft: 980
  • Zoning: 64/COMM
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2022
Sold by
Jepeway Jr Louis M
Bought by
Bayside Office Center Llc
Source: Public Records

Range of Values:

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Average Value
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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
Bayside Office Center Llc $18,500,000 Morgan Horton Law
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2014 12/01/14 Rented $43,200 +1100.0% --
11/14/2014 11/14/14 Under Contract -- -- --
11/04/2014 11/04/14 For Rent $3,600 +4.4% --
04/08/2013 04/08/13 Rented $3,448 -9.3% --
04/01/2013 04/01/13 Under Contract -- -- --
02/07/2013 02/07/13 For Rent $3,800 -- --
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 $256,231 $10,781,100 -- --
2024 $280,757 $12,809,933 -- --
2023 $280,757 $11,645,394 $2,586,576 $9,058,818
2022 $124,490 $6,380,000 $0 $0
2021 $116,595 $5,800,000 $2,328,415 $3,471,585
2020 $116,894 $5,800,000 $2,328,415 $3,471,585
2019 $111,091 $5,800,000 $2,328,415 $3,471,585
2018 $99,347 $5,300,000 $2,328,415 $2,971,585
2017 $90,720 $4,434,100 $0 $0
2016 $85,108 $4,200,000 $0 $0
2015 $86,643 $4,200,000 $0 $0
2014 $86,467 $4,100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2014

    Cristian Cardenas

    MMLS Assoc.-Inactive Member

    Section Image

  • D

    Tenant's Agent in 2014

    Diana Minervine

    Olde Towne Inter'l Rlty

    (786) 252-5110

    4 Total Sales

    Diana Minervine
    Section Image
  • Diego Calderon

    Seller's Agent in 2013

    Diego Calderon

    Robert Slack LLC

    (786) 286-6410

    12 Total Sales

    Diego Calderon
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2029034

MIAMI REALTORS® MLS

APN: 09-4036-022-0010

Florida Miami/Dade County Miami 33143

7222 S Red Rd Unit 7222, Miami, FL

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