NOT LISTED FOR SALE

737 W Flagler St Miami, FL 33130

Riverside Neighborhood

Estimated Value: $4,282,000

21,500 Acres
$199 Price per Acre
936,540,000 Sq Ft Lot

Last Sold December 22, 2023

Last sale price $3,425,000 $640 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $25,215/month

76 Days on Market

Highlights

  • 21,500 Acre Lot
  • No HOA
  • Interior Lot

About This Lot

As of December 2023

Little Havana Urban Core Development Site. Located in one of Miami’s Most Vibrant neighborhoods, just west of Downtown, centric to all major employment centers, and experiencing a total re-building/re- development which will bring thousands of beautifully-designed new residential units as well national retailers such as Aldo, Ross and more. By right you can build 75 residential units, or 150 by tapping into new zoning bonuses. T-6-12- O zoning also permits for office, hospitality, and more; up to 12 stories by right or 20 by bonus.

Last Agent to Sell the Property

Alessandro Lima

Compass Florida, LLC. License #3404498 Listed on: 10/06/2023

Compass Florida, LLC.

Last Buyer's Agent

Aldo Hasbun

Avanti Way Brickell License #3499556

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,519

Lot Details

  • 21,500 Acre Lot
  • Lot Dimensions are 100x210
  • Interior Lot
  • Property is zoned 6110

Community Details

  • No Home Owners Association
  • City Of Miami South Condos
  • City Of Miami South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-02-00-080-1160

Property Details

Property Type

Land

Est. Annual Taxes

$12,519

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 21500
  • Lot Size: 100x210
  • New Construction: No
  • Road Frontage Type: County Road
  • Subdivision Name: CITY OF MIAMI SOUTH
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Urban Commercial

Exterior Features

  • Lot Features: Inside Lot, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CITY OF MIAMI SOUTH

Utilities

  • Sewer: Other
  • Water Source: Other
  • Utilities: No Utilities, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-02-00-080-1160
  • Current Use: Unimproved Business/Commercial
  • Lot Size Sq Ft: 7000
  • Zoning: 6110
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12519

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Dec 22, 2023
Sold by
Royal American Development Inc
Bought by
Valeria Perez Group 737 West Brickell Llc
Seller's Agent
Alessandro Lima
Compass Florida, LLC.
Buyer's Agent
Aldo Hasbun
Avanti Way Brickell
List Price
$4,300,000
Sold Price
$3,425,000
Premium/Discount to List
-$875,000
-20.35%
Views
40
Current Estimated Value
$4,282,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$857,000

Purchase Details

Closed on
Dec 9, 2014
Sold by
Yellow Leaf Development Llc
Bought by
Royal American Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
4.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2011
Sold by
Migon Group Homes Llc
Bought by
Yellow Leaf Development Llc

Purchase Details

Closed on
Jun 23, 2006
Sold by
River Village Development Llc
Bought by
Migon Group Home Llc

Purchase Details

Closed on
Aug 20, 2004
Sold by
Cebc Corp
Bought by
River Village Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 18, 2004
Sold by
Garcia Luisa
Bought by
Cebc Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 4, 2003
Sold by
Marrero Julio C
Bought by
Cebc Corp

Purchase Details

Closed on
Jul 17, 2003
Sold by
Ramirez Juan and Ramirez Elvia H
Bought by
Marrero Julio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
11%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 9, 2003
Sold by
Garcia Luisa A
Bought by
Ramirez Juan and Ramirez Elvia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.16%

Purchase Details

Closed on
May 16, 2002
Sold by
Luis Garcia M and Luis Ofelia Garcia
Bought by
Garcia Luisa A
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
Valeria Perez Group 737 West Brickell Llc $3,425,000 None Listed On Document
Royal American Development Inc $1,550,000 Attorney
Yellow Leaf Development Llc $2,100 None Available
Migon Group Home Llc $2,700,000 None Available
River Village Development Llc $1,100,000 --
Cebc Corp $50,000 --
Cebc Corp $44,000 --
Marrero Julio C $670,000 --
Ramirez Juan -- Title 2000
Garcia Luisa A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Royal American Development Inc $775,000
Previous Owner River Village Development Llc $950,000
Previous Owner Marrero Julio C $650,000
Previous Owner Ramirez Juan $150,000
Previous Owner Garcia Luisa A $261,000
Closed Marrero Julio C $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $3,425,000 -20.3% $640 / Sq Ft
10/06/2023 10/06/23 For Sale $4,300,000 -- $803 / 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
2024 $17,971 $1,225,000 $1,225,000 --
2023 $17,971 $620,045 $0 $0
2022 $12,519 $563,678 $0 $0
2021 $11,221 $512,435 $0 $0
2020 $10,343 $525,000 $525,000 $0
2019 $9,516 $490,000 $490,000 $0
2018 $8,535 $455,000 $455,000 $0
2017 $7,415 $350,000 $0 $0
2016 $7,588 $346,500 $0 $0
2015 $7,004 $315,000 $0 $0
2014 $11,204 $494,017 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alessandro Lima

    Seller's Agent in 2023

    Alessandro Lima

    Compass Florida, LLC.

    (305) 281-4469

    6 in this area

    35 Total Sales

    Alessandro Lima
    Section Image

  • A

    Buyer's Agent in 2023

    Aldo Hasbun

    Avanti Way Brickell

    (305) 229-1146

    1 in this area

    17 Total Sales

    Aldo Hasbun
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11462534

MIAMI REALTORS® MLS

APN: 01-0200-080-1160

Florida Miami/Dade County Miami 33128 Riverside

737 W Flagler St, Miami, FL

This home is located at 737 W Flagler St, Miami, FL 33130 since 06 October 2023 and is currently priced at $4,282,000, approximately $799 per square foot. 737 W Flagler St is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington 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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