NOT LISTED FOR SALE

Estimated Value: $6,622,000 - $7,718,000

0.27 Acre
$26,741,956 Price per Acre
11,848 Sq Ft Lot

Last Sold August 29, 2018

Last sale price $1,050,000

Est. 616% increase in value since last sale

Current estimated payment $47,169/month

150 Days on Market

Highlights

  • Property has ocean access
  • Home fronts a canal
  • Landscaped with Trees
  • Private Dock
  • No HOA
  • Fenced

About This Lot

As of August 2018

Bespoke Modern Luxury + Peace of Mind. Why update an obsolete waterfront house, when you can quickly build your dream home in exclusive gated Belle Meade? This rare 11850 SF lot includes construction docs and approved permit package. Designed by starchitect Ralph Choeff, plans include modern opulent finishes and a tasteful, luxe open floor plan. Imagine living nestled above the flood elevation, overlooking your pool, summer kitchen cabana and private 50' boat dock with 80' of waterfront, just seconds to the open bay with no fixed bridges, along serene waters facing prestigious Belle Meade Island. Why renovate an outdated house not built to today’s standards, when you can build your dream modern masterpiece, built to last? Yes, you can have peace of mind and award-winning design. Priceless.

Last Agent to Sell the Property

Shane Graber

Graber Realty Group LLC License #3347659 Listed on: 03/22/2018

Last Buyer's Agent

Juan Zuluaga

Coldwell Banker Realty License #3399420

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,236

Lot Details

  • 0.27 Acre Lot
  • 80 Ft Wide Lot
  • Home fronts a canal
  • Southwest Facing Home
  • Fenced
  • Partial filled lot needs fill
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned 0100

Listing and Financial Details

  • Assessor Parcel Number 01-32-07-031-0225

Community Details

Overview

  • No Home Owners Association
  • New Belle Meade Sub Condos
  • New Belle Meade Sub Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges
  • Canal Width 1-80 Feet
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$13,236

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Directions: From Biscayne Boulevard, go East onto NE 76 Street [Belle Meade Dr]; pass through Guard Gate and continue straight around the bend to the home site, which is fenced in.
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size Acres: 0.272
  • New Construction: No
  • Subdivision Name: NEW BELLE MEADE SUB
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: Cleared, Fenced, Other, Partially Filled, Street Lights
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Front, Canal Width 1-80 Feet, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: NEW BELLE MEADE SUB

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-07-031-0225
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan
  • Development Status: Recorded Plat, Undeveloped
  • Lot Size Sq Ft: 11850
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 13236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Rap Luxury Llc
Bought by
Laformula Fideicomiso La
Current Estimated Value
$7,513,143

Purchase Details

Closed on
Mar 9, 2021
Sold by
Srp Investments Group Llc
Bought by
Rap Luxury Llc

Purchase Details

Listed on
Mar 22, 2018
Closed on
Aug 28, 2018
Sold by
7421 Belle Meade Llc
Bought by
Srp Investments Group Llc
Seller's Agent
Shane Graber
Graber Realty Group LLC
Buyer's Agent
Juan Zuluaga
Coldwell Banker Realty
List Price
$1,350,000
Sold Price
$1,050,000
Premium/Discount to List
-$300,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.34%

Purchase Details

Closed on
Jul 25, 2014
Sold by
Cervera Sildy and Latour Daniel
Bought by
7421 Belle Meade Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.19%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 10, 2014
Closed on
Apr 3, 2014
Sold by
Sol Sof Investment Corp
Bought by
Latour Daniel and Cervera Sildy
Seller's Agent
Farouk Gongee
Keller Williams Realty Miami Beach
Buyer's Agent
Nicolas Brocherie
The Olivine Realty Group, LLC
List Price
$875,000
Sold Price
$750,000
Premium/Discount to List
-$125,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.13%
Original Mortgage
$1,400,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 2011
Sold by
Hjd Properties Llc
Bought by
Sol Sof Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.24%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 31, 2008
Sold by
River House Partners Llc
Bought by
Hjd Properties Llc

Purchase Details

Closed on
Mar 16, 2004
Sold by
Rodot Roche Fabienne
Bought by
River House Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,125
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2002
Sold by
Scott A Axsom I
Bought by
Rodot-Roche Fabienne
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
Laformula Fideicomiso La -- --
Rap Luxury Llc $3,950,000 Attorney
Srp Investments Group Llc $1,050,000 Attorney
7421 Belle Meade Llc $600,000 Attorney
Latour Daniel $750,000 Attorney
Sol Sof Investment Corp $400,000 Attorney
Hjd Properties Llc $550,000 Attorney
River House Partners Llc $452,500 --
Rodot-Roche Fabienne $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Srp Investments Group Llc $730,000
Previous Owner 7421 Belle Meadem Llc $1,400,000
Previous Owner Latour Daniel $1,400,000
Previous Owner Sol Sof Investment Corp $200,000
Previous Owner River House Partners Llc $294,125
Previous Owner Jacobsen Donna $28,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $1,050,000 -22.2% --
03/20/2018 03/20/18 For Sale $1,350,000 +80.0% --
04/03/2014 04/03/14 Sold $750,000 0.0% $63 / Sq Ft
04/03/2014 04/03/14 Sold $750,000 -14.3% $188 / Sq Ft
01/20/2014 01/20/14 For Sale $875,000 0.0% $219 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
11/22/2013 11/22/13 Pending -- -- --
08/28/2013 08/28/13 For Sale $875,000 -- $74 / 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
2025 $72,397 $3,374,501 -- --
2024 $65,227 $3,391,151 -- --
2023 $65,227 $3,082,865 $0 $0
2022 $58,565 $2,802,605 $1,090,215 $1,712,390
2021 $15,581 $642,973 $0 $0
2020 $12,815 $584,521 $584,521 $0
2019 $14,213 $649,319 $649,319 $0
2018 $13,090 $608,775 $608,775 $0
2017 $13,236 $608,775 $0 $0
2016 $13,681 $608,775 $0 $0
2015 $13,855 $608,775 $0 $0
2014 $7,203 $313,219 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10438323

MIAMI REALTORS® MLS

APN: 01-3207-031-0225