NOT LISTED FOR SALE

8316 NE 4th Place Miami, FL 33138

El Portal Area

Estimated Value: $1,533,000

0.8 Acre
$1,916,250 Price per Acre
34,480 Sq Ft Lot

Sale Details

Date Sold: March 23, 2022

Last sale price $3,950,000 $1,761 Per Sq Ft

Current estimated payment $10,382 / mo

316 Days on Market

Highlights

  • River View
  • 0.8 Acre Lot
  • No HOA

About This Lot

As of March 2022

Amazing Development Opportunity in El Portal. Bordered by the Little Farm Trailer Park to the North, Proposed Pelican Harbor Seabird Station across the river and a new apartment building in process across the street to the east. 300' of frontage on the Little River. Zone 5 (Urban Center Zone) in El Portal Zoning Code. Approximately 120 units Maximum. Uses include Multi-Family, Hotel, Retail, Restaurant or Office. 34,480 Sq ft of land, Existing buildings have no intrinsic value, but can help with expenses during planning process. No infrastructure exists, but costs may be shared with new building across the street. Don't miss this opportunity to be on the ground floor of the next hot area in Miami. This area has more vacant land than any other in the Upper Eastside, prime for development.

Last Agent to Sell the Property

Donald Wilson

Willis Wilson & Associates License #3243197 Listed on: 04/21/2021

Last Buyer's Agent

Ken Barrington

The Barrington Team LLC License #3225246

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,451

Lot Details

  • 34,480 Sq Ft Lot
  • Lot Dimensions are 300x115
  • River Front
  • Street terminates at a dead end
  • Additional Parcels
  • Property is zoned 5000

Additional Features

  • River Views
  • City Lot
  • Septic Tank

Listing and Financial Details

  • Tax Lot 34480
  • Assessor Parcel Number 18-32-07-020-0220

Community Details

Overview

  • No Home Owners Association
  • Tuttles Sub Condos
  • Tuttles Sub Subdivision

Recreation

  • Other Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$8,451

Lot Details

0.79 Acres

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Inclusions: Other, Other Water Access
  • Lot Size Acres: 0.8
  • Lot Size: 300x115
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Road Surface Type: Paved
  • Subdivision Name: Tuttles Sub
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Urban Commercial

Exterior Features

  • View: River View
  • Lot Features: City Location, Dead-End Location, Urban Area Development, Less Than 1 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: River
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Tuttles Sub

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Green Building Features: Light Traffic
  • Utilities: Electricity Connected, Water Connected, Electricity Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 18-32-07-020-0220
  • Additional Parcels: Yes
  • Current Use: Unimproved Business/Commercial, Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 34480
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8451
  • Tax Lot: 34480

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Mar 24, 2022
Sold by
Bought by
Seller's Agent
Donald Wilson
Willis Wilson & Associates
Buyer's Agent
Ken Barrington
The Barrington Team LLC
List Price
$4,400,000
Sold Price
$3,950,000
Premium/Discount to List
-$450,000
-10.23%
Current Estimated Value
$1,533,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,417,000

Purchase Details

Closed on
Feb 21, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2005
Sold by
Bought by

Purchase Details

Closed on
Jan 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.0581%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,950,000 Meland Budwick Pa
$3,000 Attorney
-- --
$240,000 --
-- --
$110,000 Optima Title Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/23/2022 03/23/22 Sold $3,950,000 -10.2% $1,761 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
04/21/2021 04/21/21 For Sale $4,400,000 -- $1,962 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,569 $990,660 $990,660
2024 $23,673 $990,660 $990,660
2023 $23,673 $990,660 $990,660 $0
2022 $9,347 $379,807 $239,844 $139,963
2021 $8,747 $346,162 $239,844 $106,318
2020 $8,451 $346,162 $239,844 $106,318
2019 $7,685 $314,878 $208,560 $106,318
2018 $6,933 $294,022 $187,704 $106,318
2017 $6,587 $248,193 $0 $0
2016 $5,975 $225,630 $0 $0
2015 $5,729 $205,119 $0 $0
2014 $4,532 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11030986

MIAMI REALTORS® MLS

APN: 18-3207-020-0220

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