NOT LISTED FOR SALE

829 SW 2nd St Miami, FL 33130

Riverside Neighborhood

Estimated Value: $519,083

0.17 Acre
$3,053,429 Price per Acre
7,500 Sq Ft Lot

Last Sold March 17, 2023

Last sale price $504,000 $227 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,540/month

140 Days on Market

Highlights

  • No HOA
  • Interior Lot
  • 2-minute walk to Ernesto Lecuona Park

About This Lot

As of March 2023

7,500 Sq. Ft. Multi-Family vacant land site within East Little Havana. Close to many amenities: Riverside Park, Jose Marti, the Miami River and the famous Calle Ocho. Accessibility is clutch, this site is close to employment centers such as Brickell, the Financial District, the Health District and Downtown. Potential to capitalize and develop 6 units, or via City programs for mixed-income projects; it can allow for double density up to 12 units. The surrounding area has seen a huge revitalization with several construction projects to the East completed, and more renovations to come. This is a COVID-19 and inflation proof investment opportunity in Miami’s most iconic neighborhood. Invest in the future now.

Last Agent to Sell the Property

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982 Listed on: 10/27/2022

Last Buyer's Agent

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982 Listed on: 10/27/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,003

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Interior Lot
  • Property is zoned T4-R

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Brickell Riverview Condos
  • Brickell Riverview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-38-003-2810

Property Details

Property Type

Land

Est. Annual Taxes

$8,003

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 0.17
  • Lot Size: 50x150
  • New Construction: No
  • Road Frontage Type: Other Road, Public Road
  • Subdivision Name: BRICKELL RIVERVIEW
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

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

Exterior Features

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

Garage/Parking

  • Park Building Name: BRICKELL RIVERVIEW

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Utilities: Other Utilities Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-38-003-2810
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 7500
  • Zoning: T4-R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Mar 16, 2023
Sold by
829Sw Llc
Bought by
Riverview Villas Llc
Seller's Agent
Mauricio Villasuso
Fausto Commercial Realty Consultants Inc
Buyer's Agent
Mauricio Villasuso
Fausto Commercial Realty Consultants Inc
List Price
$650,000
Sold Price
$504,000
Premium/Discount to List
-$146,000
-22.46%
Views
23
Current Estimated Value
$519,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,083
Avg. Annual Appreciation
1.08%

Purchase Details

Listed on
Jun 21, 2016
Closed on
Oct 14, 2016
Sold by
Casillas Carlos D and Casillas Josephine
Bought by
829Sw Llc
Seller's Agent
Gilbert Green
GG Homes, LLC.
Buyer's Agent
Gilbert Green
GG Homes, LLC.
List Price
$450,000
Sold Price
$350,000
Premium/Discount to List
-$100,000
-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
5.84%

Purchase Details

Closed on
Jun 1, 2007
Sold by
Cantrell Linda
Bought by
Casillas Carlos D and Casillas Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riverview Villas Llc $504,000 Elite World Title
829Sw Llc $350,000 Attorney
Casillas Carlos D $300,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casillas Carlos D $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2023 03/17/23 Sold $504,000 -16.0% $227 / Sq Ft
11/04/2022 11/04/22 Price Changed $600,000 -7.7% $270 / Sq Ft
10/27/2022 10/27/22 For Sale $650,000 +85.7% $293 / Sq Ft
10/14/2016 10/14/16 Sold $350,000 0.0% $158 / Sq Ft View Prior Sale
10/14/2016 10/14/16 Sold $350,000 -22.2% $158 / Sq Ft View Prior Sale
06/21/2016 06/21/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $450,000 0.0% $203 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
03/26/2016 03/26/16 For Sale $450,000 -- $203 / 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 $9,799 $471,240 -- --
2024 $8,767 $428,400 $426,768 $1,632
2023 $8,767 $414,332 $0 $0
2022 $7,765 $376,666 $375,000 $1,666
2021 $8,003 $376,683 $375,000 $1,683
2020 $7,665 $376,700 $375,000 $1,700
2019 $7,229 $376,700 $375,000 $1,700
2018 $7,679 $301,700 $300,000 $1,700
2017 $9,325 $368,454 $0 $0
2016 $5,182 $131,111 $0 $0
2015 $4,647 $119,192 $0 $0
2014 $4,317 $108,357 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mauricio Villasuso

    Seller's Agent in 2023

    Mauricio Villasuso

    Fausto Commercial Realty Consultants Inc

    (305) 961-1179

    35 in this area

    84 Total Sales

    Mauricio Villasuso
    Section Image

  • G

    Seller's Agent in 2016

    Gilbert Green

    GG Homes, LLC.

    (305) 777-3890

    11 Total Sales

    Gilbert Green
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11294769

MIAMI REALTORS® MLS

APN: 01-4138-003-2810

Florida Miami/Dade County Miami 33130 Riverside

829 SW 2nd St, Miami, FL

Not Listed for Sale

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