NOT LISTED FOR SALE

Estimated Value: $414,000 - $864,000

0.23 Acre
$2,691,704 Price per Acre
10,000 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $1,000,000 $1,100 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $4,012/month

26 Days on Market

Highlights

  • 0.23 Acre Lot
  • No HOA
  • 4-minute walk to General Jose Francisco Morazan Quesada Park
  • Corner Lot

About This Lot

As of June 2024

10,000 Sq. Ft. assemblage in East Little Havana that consists of one vacant lot and adjacent has income producing duplex. T4-L Zoning is ideal for this dynamic submarket experiencing economic growth, sub 2% vacancies pushing rental rates higher and demand is ever stronger for mixed-use infill development like this. Density allows for 8 units by right however city programs exist with mixed-income development that allows for double the density to 16. Furthermore, the site is best served by being entitled through a Live- Local/SB102 process. Site is beautifully laid out in a 100 x 100 square which allows for hyper-efficient design layout and cost to build, with frontages on two streets, allowing for ease of design of interior parking and circulations

Last Agent to Sell the Property

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982 Listed on: 05/25/2024

Co-Listed By

Carlos Fausto Miranda

Fausto Commercial Realty Consultants Inc License #3129999

Last Buyer's Agent

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982 Listed on: 05/25/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,312

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100
  • Corner Lot
  • Property is zoned T4-L

Location

  • City Lot

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 01-02-03-030-1030

Property Details

Property Type

Land

Est. Annual Taxes

$7,312

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 305-431-2258
  • Horses: No
  • Lot Size Acres: 0.23
  • Lot Size: 100x100
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Private Road
  • Subdivision Name: CITY OF MIAMI SOUTH
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Central Urban, Urban Commercial

Exterior Features

  • Lot Features: City Location, Corner 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: Municipal Water
  • Utilities: Other Utilities Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-02-03-030-1030
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 10000
  • Zoning: T4-L
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
Gaga 776 Sw 5 St Llc
Bought by
Gaga 770 Sw 5 St Llc
Current Estimated Value
$644,197

Purchase Details

Listed on
May 25, 2024
Closed on
Jun 28, 2024
Sold by
776Sw Llc
Bought by
Gaga 776 Sw 5 St Llc
Seller's Agent
Mauricio Villasuso
Fausto Commercial Realty Consultants Inc
Buyer's Agent
Mauricio Villasuso
Fausto Commercial Realty Consultants Inc
List Price
$1,000,000
Sold Price
$1,000,000
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.90%

Purchase Details

Closed on
Jan 10, 2020
Sold by
Hernandez Julia
Bought by
776Sw Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gaga 770 Sw 5 St Llc $10,000 None Listed On Document
Gaga 770 Sw 5 St Llc $10,000 None Listed On Document
Gaga 776 Sw 5 St Llc $500,000 None Listed On Document
Gaga 776 Sw 5 St Llc $500,000 None Listed On Document
776Sw Llc $520,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $1,000,000 0.0% $1,100 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
05/25/2024 05/25/24 For Sale $1,000,000 -- $1,100 / 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 $7,729 $410,204 $375,000 $35,204
2024 $7,312 $341,803 -- --
2023 $7,312 $310,730 $0 $0
2022 $6,583 $282,482 $250,000 $32,482
2021 $6,699 $279,523 $250,000 $29,523
2020 $4,532 $279,528 $250,000 $29,528
2019 $4,379 $279,532 $250,000 $29,532
2018 $3,781 $229,537 $200,000 $29,537
2017 $3,704 $94,360 $0 $0
2016 $3,319 $85,782 $0 $0
2015 $2,795 $77,984 $0 $0
2014 $2,539 $70,895 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11594347

MIAMI REALTORS® MLS

APN: 01-0203-030-1030