NOT LISTED FOR SALE

Estimated Value: $1,154,000

0.17 Acre
$6,993,939 Price per Acre
7,200 Sq Ft Lot

Last Sold June 14, 2019

Last sale price $1,225,000 $767 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,288/month

348 Days on Market

About This Lot

As of June 2019

DEVELOPERS OPPORTUNITY! This is a wonderful location on front of Biscayne Park at Edgewater. Desire 7,250 or 14,450 land of T6-8-O zoned commercial multi-family, office or retail, build up to 8 stories up to 12 stories with bonuses. In the middle of Edgewater within walking distance to Wynwood, and the Entertainment District.
The Property presents one of the best opportunities to capitalize on the lack of supply of central and affordable livingopportunities for Millennials looking to live within the Urban Core of Miami.
One block from Wynwood: warehouses and industrial buildings is now taking shape as one of Miami' s
hottest areas blending commerce, the arts, fashion, dining, and nightlife.

Last Agent to Sell the Property

Alejandra Negrete

The Keyes Company License #3304015 Listed on: 04/19/2018

The Keyes Company

Co-Listed By

Rossana Siccardi

The Keyes Company License #0314052

Last Buyer's Agent

Rena Kliot

Pulse Int'l Realty FL Inc License #3381481

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,900

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 100x72
  • Property is zoned T6-8 O

Location

  • City Lot

Community Details

  • No Home Owners Association
  • San Jose Sub Condos
  • San Jose Sub Subdivision

Listing and Financial Details

  • Tax Lot 0290
  • Assessor Parcel Number 01-31-36-002-0270

Property Details

Property Type

Land

Est. Annual Taxes

$3,900

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Commercial
  • Co List Office Mls Id: KEYE01
  • Co List Office Phone: 305-371-3592
  • Directions: Access fron NE 2nd AVE .One block from Wynwood. Midtown/Design District: Walking distance north. Arts & Entertainment District/Downtown / Brickell: 5 minutes to south . Miami Beach: 7 minutes via I-395 or I-195
  • Horses: No
  • Lot Size Acres: 0.165
  • Lot Size: 100x72
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road
  • Structure Type: Commercial
  • Subdivision Name: SAN JOSE SUB
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld, Intensive Development, Open Land, Urban Commercial

Exterior Features

  • Lot Features: Central Business District, City Location, Urban Area Development, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SAN JOSE SUB

Utilities

  • Sewer: Public Sanitation
  • Water Source: Other
  • Utilities: No Utilities, Sewer Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-36-002-0270
  • Current Use: Unimproved Business/Commercial, Unimproved Hotel/Motel, Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 7200
  • Zoning: T6-8 O
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3900
  • Tax Lot: 0290

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jun 6, 2019
Sold by
Brothers William Kameron and Brothers Santina
Bought by
Edgewater 19 Llc
Seller's Agent
Alejandra Negrete
The Keyes Company
Buyer's Agent
Rena Kliot
Pulse Int'l Realty FL Inc
List Price
$1,684,800
Sold Price
$1,225,000
Premium/Discount to List
-$459,800
-27.29%
Current Estimated Value
$1,154,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,000
Avg. Annual Appreciation
31.83%

Purchase Details

Listed on
May 15, 2014
Closed on
Jul 16, 2014
Sold by
Levy Seth
Bought by
Brothers William Kameron
Seller's Agent
Peter Orenchuk
Team Effort Real Estate Inc
List Price
$300,000
Sold Price
$265,000
Premium/Discount to List
-$35,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.50%

Purchase Details

Closed on
Feb 4, 2010
Sold by
Wells Fargo Bank National Association
Bought by
Levy Seth

Purchase Details

Closed on
Jan 2, 2008
Sold by
Mesa Luis
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 22, 2005
Sold by
Ramos Angel
Bought by
Mesa Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
9.15%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2004
Sold by
Sporad Builders Llc
Bought by
E V Investors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 20, 2004
Sold by
Household Finance Corp Iii
Bought by
Sporad Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 9, 2004
Sold by
Paula Elizabeth
Bought by
Household Finance Corp Iii

Purchase Details

Closed on
Dec 29, 2003
Sold by
Paula Elizabeth
Bought by
Paula Elizabeth

Purchase Details

Closed on
Dec 11, 2002
Sold by
Membreno Antonia
Bought by
Paula Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
9.29%

Purchase Details

Closed on
Dec 11, 2001
Sold by
Denys Construction Services C
Bought by
Membreno Antonia

Purchase Details

Closed on
Mar 27, 2001
Sold by
Teresa Iglesias I
Bought by
Denys Construction Services
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
Edgewater 19 Llc $1,212,800 Attorney
Brothers William Kameron $132,500 Miami Title Group Inc
Levy Seth $70,000 Attorney
Wells Fargo Bank Na -- None Available
Mesa Luis $360,000 Attorney
E V Investors Inc $179,000 --
Sporad Builders Llc $119,000 --
Household Finance Corp Iii $50,100 --
Paula Elizabeth -- --
Paula Elizabeth $130,000 --
Membreno Antonia $106,000 --
Denys Construction Services $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mesa Luis $324,000
Previous Owner E V Investors Inc $130,000
Previous Owner Paula Elizabeth $130,000
Closed E V Investors Inc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $1,225,000 -27.3% $767 / Sq Ft
04/18/2018 04/18/18 For Sale $1,684,800 +535.8% $1,054 / Sq Ft
07/16/2014 07/16/14 Sold $265,000 -11.7% $37 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $300,000 -- $42 / 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 -- $718,740 -- --
2024 -- $653,400 -- --
2023 $0 $594,000 $0 $0
2022 $0 $540,000 $540,000 $0
2021 $10,708 $540,000 $540,000 $0
2020 $11,501 $540,000 $540,000 $0
2019 $6,105 $540,000 $540,000 $0
2018 $5,679 $540,000 $540,000 $0
2017 $4,120 $130,680 $0 $0
2016 $3,568 $118,800 $0 $0
2015 $2,401 $108,000 $0 $0
2014 $1,195 $16,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10454654

MIAMI REALTORS® MLS

APN: 01-3136-002-0270