NOT LISTED FOR SALE

Estimated Value: $753,000 - $1,048,000

0.1 Acre
$8,333,330 Price per Acre
4,500 Sq Ft Lot

Last Sold December 07, 2015

Last sale price $325,000 $72 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $5,388/month

82 Days on Market

About This Lot

As of December 2015

DEVELOPMENT OPPORTUNITY with full set of architectural plans included for modern 4 story building with 6-units(all 2/2s) and its own private parking. Located a few blocks away from Downtown Miami and Brickell Financial Center. Zoned T5-O. Being sold for land value. Existing older home generating $1,250 a month. Rising rental rates, low vacancies, and a growing population in this centrally located section of Miami make this project an excellent investment.

Last Agent to Sell the Property

William Rios

Florida Capital Realty License #3149903 Listed on: 09/05/2015

Florida Capital Realty

Last Buyer's Agent

Jill Olcott

Keller Williams Realty Miami Beach License #3113236

Keller Williams Realty Miami Beach

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,317

Year Built

  • Built in 2016

Lot Details

  • 4,500 Sq Ft Lot
  • East Facing Home
  • Landscaped with Trees
  • Property is zoned 61/COMME

Home Design

  • 4,500 Sq Ft Home

Location

  • City Lot

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lawrence Estate Land Cos Condos
  • Lawrence Estate Land Cos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-02-005-4930

Property Details

Property Type

Land

Est. Annual Taxes

$2,317

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Year Built: 2016
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.103
  • New Construction: No
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved Road
  • Structure Type: Residential
  • Subdivision Name: LAWRENCE ESTATE LAND COS
  • Special Features: None

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: East
  • Lot Features: City Location, Less Than 1/4 Acre Lot, Other
  • Other Structures: Livable
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE ESTATE LAND COS

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Water Connected, Cable Available, Electricity Available, Irrigation Water, Phone Available, Sewer Available, Trash Removal, Underground Utilities

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-02-005-4930
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 4500
  • Zoning: 61/COMME
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2018
Sold by
Aguila Cap Llc
Bought by
Idiomatic Of America Inc
Total Days on Market
82
Current Estimated Value
$858,333

Purchase Details

Listed on
Sep 5, 2015
Closed on
Dec 7, 2015
Sold by
Global One Investment Group Llc
Bought by
Aguila Cap Llc
Seller's Agent
William Rios
Florida Capital Realty
Buyer's Agent
Jill Olcott
Keller Williams Realty Miami Beach
List Price
$299,900
Sold Price
$325,000
Premium/Discount to List
$25,100
8.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%

Purchase Details

Closed on
Jul 28, 2014
Sold by
Creative Resolutions Llc
Bought by
Global One Investment Group Llc
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

Date Buyer Sale Price Title Company
Idiomatic Of America Inc $1,200,000 None Available
Aguila Cap Llc $325,000 Windsor Title Services Inc
Global One Investment Group Llc $119,900 Attorney
Creative Resolutions Llc $100,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2015 12/07/15 Sold $325,000 +8.4% $72 / Sq Ft
11/26/2015 11/26/15 Pending -- -- --
09/05/2015 09/05/15 For Sale $299,900 -- $67 / 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 $6,838 $327,181 -- --
2023 $6,838 $297,438 $0 $0
2022 $5,574 $270,399 $270,000 $399
2021 $5,497 $253,000 $0 $0
2020 $5,300 $270,413 $270,000 $413
2019 $5,773 $270,421 $270,000 $421
2018 $4,120 $180,428 $180,000 $428
2017 $4,899 $186,111 $0 $0
2016 $4,453 $169,192 $0 $0
2015 $3,150 $107,470 $0 $0
2014 $2,318 $52,653 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2170731

MIAMI REALTORS® MLS

APN: 01-4102-005-4930