NOT LISTED FOR SALE

7901 SW 120th St Miami, FL 33156

Estimated Value: $1,929,744 - $5,504,000

0.87 Acre
$4,003,949 Price per Acre
37,897 Sq Ft Lot

Last Sold January 19, 2024

Last sale price $1,800,000 $1,039 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $20,922/month

227 Days on Market

Highlights

  • No HOA
  • Palmetto Elementary School Rated A
  • Landscaped with Trees

About This Lot

As of January 2024

Calling all Developers! Builders! Investors! or Homeowners that want to build their own custom dream home on a spacious 38,000 SQFT lot on a quiet street in South Pinecrest with A+ Schools (Palmetto Senior High). One of the only neighborhoods within Pinecrest that are highly walkable to nearby Suniland Park (2 blocks away), Retail Shops (2 blocks away), Restaurants (2 blocks away) and Milam's Market. Enjoy nearby movies at The Falls Shopping Center or workout at LifeTime in The Falls. Don't spend more money on someone else's house when you can build your customized home at a much lower price. Seller is architect and shell contractor. Let's partner up! **SEE BROKER'S REMARKS**

Last Agent to Sell the Property

Denise Erickson

BHHS EWM Realty License #3353307 Listed on: 05/26/2023

BHHS EWM Realty

Co-Listed By

Enrique Montoya

Engel & Völkers Miami License #3425814

Last Buyer's Agent

C. Francisco Otalvaro

Keller Williams Capital Realty License #3249432

Keller Williams Capital Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,943

Lot Details

  • 0.87 Acre Lot
  • South Facing Home
  • Landscaped with Trees
  • Property is zoned 2300

Community Details

  • No Home Owners Association
  • Suniland Estates 1St Addn Condos
  • Suniland Estates 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-50-10-002-0140

Property Details

Property Type

Land

Est. Annual Taxes

$14,943

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: EVCG01
  • Co List Office Phone: 305-913-5499
  • Horses: No
  • Lot Size Acres: 0.87
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: SUNILAND ESTATES 1ST ADDN
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: South
  • Lot Features: Other
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SUNILAND ESTATES 1ST ADDN

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 20-50-10-002-0140
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Other
  • Lot Size Sq Ft: 37853
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 14943

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jan 18, 2024
Sold by
Mdce Llc
Bought by
7901 Sw 120Th St Llc
Seller's Agent
Denise Erickson
BHHS EWM Realty
Buyer's Agent
C. Francisco Otalvaro
Keller Williams Capital Realty
List Price
$1,999,990
Sold Price
$1,800,000
Premium/Discount to List
-$199,990
-10%
Views
225
Current Estimated Value
$3,483,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,683,436
Avg. Annual Appreciation
52.03%

Purchase Details

Closed on
Nov 5, 2019
Sold by
Delopez Cirabel Hernandez and Montenegro Milciades Javier Lopez
Bought by
Mdce Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 2011
Sold by
Massin Samuel Bernard and Massin Frances Menefee
Bought by
Delopez Cirabel Hernandez and Montenegro Milciades Javier Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2006
Sold by
Massin Samuel B and Massin Frances M
Bought by
Massin Samuel Bernard and Massin Frances Menefee
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
7901 Sw 120Th St Llc $1,800,000 Real Property Title Group
Mdce Llc $350,000 Attorney
Delopez Cirabel Hernandez $375,000 Attorney
Massin Samuel Bernard -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7901 Sw 120Th St Llc $3,510,000
Previous Owner Mdce Llc $731,000
Previous Owner Mdce Llc $475,000
Previous Owner Montenegro Milciades Lopez $350,000
Previous Owner Delopez Cirabel Hernandez $225,000
Previous Owner Massin Samuel Bernard $250,000
Previous Owner Massin Samuel B $275,000
Previous Owner Massin Samuel B $35,000
Previous Owner Massin Samuel B $148,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $1,800,000 -10.0% $1,039 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
11/28/2023 11/28/23 Price Changed $1,999,990 0.0% $1,154 / Sq Ft
11/28/2023 11/28/23 For Sale $1,999,990 +11.1% $1,154 / Sq Ft
07/20/2023 07/20/23 Off Market $1,800,000 -- --
06/29/2023 06/29/23 For Sale $1,999,999 +11.1% $1,154 / Sq Ft
06/22/2023 06/22/23 Off Market $1,800,000 -- --
06/01/2023 06/01/23 Price Changed $1,999,999 0.0% $1,154 / Sq Ft
06/01/2023 06/01/23 For Sale $1,999,999 -9.1% $1,154 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $2,200,000 -- $1,269 / 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 $20,203 $1,589,826 $1,589,826 --
2024 $18,314 $843,628 -- --
2023 $18,314 $766,935 $0 $0
2022 $14,943 $697,214 $0 $0
2021 $12,427 $633,831 $0 $0
2020 $11,024 $576,210 $492,089 $84,121
2019 $12,413 $689,769 $605,648 $84,121
2018 $11,918 $679,583 $0 $0
2017 $11,647 $665,606 $0 $0
2016 $11,615 $651,916 $0 $0
2015 $9,644 $464,344 $0 $0
2014 $8,617 $422,131 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Denise Erickson

    Seller's Agent in 2024

    Denise Erickson

    BHHS EWM Realty

    (305) 323-8918

    1 in this area

    21 Total Sales

    Section Image
  • Enrique Montoya

    Seller Co-Listing Agent in 2024

    Enrique Montoya

    Engel & Völkers Miami

    (305) 753-9826

    4 in this area

    66 Total Sales

    Section Image

  • C

    Buyer's Agent in 2024

    C. Francisco Otalvaro

    Keller Williams Capital Realty

    (305) 662-7325

    2 in this area

    17 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11393897

MIAMI REALTORS® MLS

APN: 20-5010-002-0140

Florida Miami/Dade County Miami 33156

7901 SW 120th St, Miami, FL

This home is located at 7901 SW 120th St, Miami, FL 33156 since 26 May 2023 and is currently estimated at $3,483,436, approximately $2,010 per square foot. 7901 SW 120th St is a home located in Miami-Dade County with nearby schools including Palmetto Elementary School, Palmetto Middle School, and Miami Palmetto 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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