$1,499,000
$1K PRICE DROP

Estimated payment $9,960/month

Total Views 3,354
0.34 Acre
$4,408,824 Price per Acre
14,810 Sq Ft Lot

Highlights

  • 0.34 Acre Lot
  • Interior Lot
  • 1-minute walk to General Jose Francisco Morazan Quesada Park
  • No HOA

About This Lot

15,000 Sq. Ft. Multi-Family land within East Little Havana. There is immense potential, either a market rate project of 12 units at any unit configuration or City of Miami double density workforce program which allows for development of 24 apartments; 3 units 30% AMI, 2 units at 50% AMI, and 19 units at 100% AMI (average median income). The location offers accessibility and connectivity to Brickell, Downtown, the Health District, 836 HWY to Miami Beach and with this comes fine dining, chic shops, sidewalk cafes and picturesque parks, all are a brisk walk or drive away for residents who will be immersed in the vibrant culture of the area.

Listing Agent

Giovanni Bertolotti

Fausto Commercial Realty Consultants Inc License #3257942 Listed on: 09/02/2024

Co-Listing Agent

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,260

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Interior Lot
  • Property is zoned T4-R

Additional Features

  • City Lot
  • Sewer Not Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 01-02-02-020-1170

Property Details

Property Type

Land

Est. Annual Taxes

$22,260

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Commercial
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 786-748-7373
  • Horses: No
  • Lot Size Acres: 0.34
  • Lot Size: 100x150
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Structure Type: Commercial
  • Subdivision Name: CITY OF MIAMI SOUTH
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Central Urban, Open Land, Urban Commercial

Exterior Features

  • Lot Features: City Location, Inside Lot, Near School, Less Than 1 Acre, Regular Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CITY OF MIAMI SOUTH

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-02-02-020-1170
  • Additional Parcels: No
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 15000
  • Zoning: T4-R

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 22260

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $24,530 $1,500,000 $1,500,000 --
2024 $22,260 $1,089,000 -- --
2023 $22,260 $990,000 $0 $0
2022 $18,554 $900,000 $900,000 $0
2021 $19,122 $900,000 $900,000 $0
2020 $18,106 $900,000 $900,000 $0
2019 $16,010 $750,000 $750,000 $0
2018 $5,141 $300,000 $300,000 $0
2017 $4,931 $199,650 $0 $0
2016 $4,280 $181,500 $0 $0
2015 $3,669 $165,000 $0 $0
2014 $2,485 $99,825 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Price Changed $1,499,000 -0.1% --
09/02/2024 09/02/24 For Sale $1,500,000 +20.0% --
02/27/2024 02/27/24 Sold $1,250,000 +13.6% $167 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
10/23/2023 10/23/23 For Sale $1,100,000 +4.8% $147 / Sq Ft
11/21/2018 11/21/18 Sold $1,050,000 -16.0% $140 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $1,250,000 +541.0% $167 / Sq Ft
07/10/2014 07/10/14 Sold $195,000 -44.3% $26 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
11/05/2012 11/05/12 For Sale $350,000 -- $47 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,250,000 None Listed On Document
Warranty Deed $1,050,000 Attorney
Warranty Deed $195,000 Attorney
Warranty Deed $267,000 Attorney
Warranty Deed $267,000 Attorney
Warranty Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11652929

MIAMI REALTORS® MLS

APN: 01-0202-020-1170