$275,000
SOLD OCT 10, 2024
0.16 Acre
$1,686,082 Price per Acre
7,150 Sq Ft Lot

Recently Sold

$144 Per Sq Ft

72% Below List Price

272 Days on Market

About This Lot

As of October 2024

$800,000 for 2 lots of land, or 14300 sq ft in a commercial/residential area. Minutes away from the design district, Wynwood, and Edgewater. It is 10-15 minutes away from the beaches. It is centrally located and close to major expressways, and the main thoroughfare. It includes T 4 zoning, for residential and commercial property, which allows for single and multi-family housing. This is also in an opportunity zone, which allows for tax incentives for capital deployment. This land can be financed and/or purchased all cash. A11599049 is also for sale for $400000, adjacent to property.

Last Agent to Sell the Property

Torre Hoye-Atthwood

London Foster Realty License #3159759 Listed on: 11/10/2023

London Foster Realty

Last Buyer's Agent

Torre Hoye-Atthwood

London Foster Realty License #3159759 Listed on: 11/10/2023

London Foster Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,059

Lot Details

  • 7,150 Sq Ft Lot
  • Property is zoned 3901

Additional Features

  • City Lot
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Henry Ford Sub No 2 Condos
  • Henry Ford Sub No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-14-019-0911

Property Details

Property Type

Land

Est. Annual Taxes

$2,059

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Commercial
  • Directions: Get off on 62nd street, make your way to 69th street, and 8th ave.
  • Horses: No
  • Lot Size Acres: 0.1631
  • New Construction: No
  • Road Frontage Type: Public Road
  • Structure Type: Commercial
  • Subdivision Name: HENRY FORD SUB NO 2
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment, Central Urban

Exterior Features

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

Garage/Parking

  • Park Building Name: HENRY FORD SUB NO 2

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-14-019-0911
  • Current Use: Other Usage, Income (Other)
  • Lot Size Sq Ft: 7150
  • Zoning: 3901
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Sep 8, 2024
Sold by
Brooks Leola and Colson Carolyn Loui
Bought by
Rj Vision Three Investments Llc
Seller's Agent
Torre Hoye-Atthwood
London Foster Realty
Buyer's Agent
Torre Hoye-Atthwood
London Foster Realty
List Price
$1,000,000
Sold Price
$275,000
Premium/Discount to List
-$725,000
-72.5%
Views
38
Current Estimated Value
$290,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,779
Avg. Annual Appreciation
7.51%
Original Mortgage
$360,000
Outstanding Balance
$357,617
Interest Rate
6.35%
Mortgage Type
Balloon
Estimated Equity
-$66,838

Purchase Details

Closed on
Jan 22, 2007
Sold by
Betaco Inc
Bought by
Fall Creek Electric Co
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 Type Sale Price Title Company
Warranty Deed $550,000 First Action Title
Quit Claim Deed $10,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $275,000 -31.3% $144 / Sq Ft
08/10/2024 08/10/24 Pending -- -- --
06/01/2024 06/01/24 Price Changed $400,000 -50.0% $210 / Sq Ft
01/11/2024 01/11/24 Price Changed $800,000 -20.0% $420 / Sq Ft
11/11/2023 11/11/23 For Sale $1,000,000 -- $525 / 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 $2,873 $75,996 -- --
2023 $2,873 $69,088 $0 $0
2022 $2,059 $62,808 $0 $0
2021 $1,565 $57,099 $0 $0
2020 $1,143 $57,200 $57,200 $0
2019 $1,079 $57,200 $57,200 $0
2018 $899 $42,900 $42,900 $0
2017 $1,289 $42,900 $0 $0
2016 $2,276 $86,890 $0 $0
2015 $2,486 $94,731 $0 $0
2014 $2,492 $93,109 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11483824

MIAMI REALTORS® MLS

APN: 01-3114-019-0911