NOT LISTED FOR SALE

Estimated Value: $2,874,314

Studio
-- Bath
7,500 Sq Ft
$383/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Home Security System
  • 1-minute walk to Belle Meade Park
  • No HOA
  • 1-Story Property

About This Home

As of September 2014

Move-In turn key condition. Presently Printing company. Wood Floors, lighting, new bathroom and central a/c. Located on Busy NE 79th Street. Great for office, retail, showoroom. Great visibility and exposure. Very clean and newly renovated building w ith all impact glass storefronts. @ 18'' Wide by 46' Deep. Available 7/31/2014

Last Agent to Rent the Property

Jonathan Eismann, PA

Gridline Properties License #3243175 Listed on: 05/12/2014

Last Renter's Agent

Jonathan Eismann, PA

Gridline Properties License #3243175 Listed on: 05/12/2014

Property Details

Property Type

  • Other

Year Built

  • Built in 1949

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned 61/COMME

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Home Security System

Parking

  • On-Street Parking
  • Open Parking
  • Off-Site Parking

Additional Features

  • City Lot
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • 3 Units
  • 859 863 Ne 79Th Street Condos

Listing and Financial Details

  • 1 To 3 Year Lease Lease Term
  • Assessor Parcel Number 01-32-07-016-3150

Property Details

Property Type

Other

Year Built

Built in 1949

Lot Details

7,500 Sq Ft Lot

Rental Info

  • Lease Term: 1 To 3 Year Lease

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1949
  • Property Sub Type: Lease
  • Business Type: Office Space, Retail Space
  • Directions: EAST OF BISCAYNE BLVD, NORTH SIDE OF STREET
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Lease
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Other
  • Lot Features: Central Business District, City Location
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 859-863 NE 79th Street
  • Open Parking: Yes
  • Parking Features: Off Site, On Street

Utilities

  • Green Building Features: Heavy Traffic
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Security: Security System

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-07-016-3150
  • Current Use: Commercial Lease
  • Land Lease: No
  • Lot Size Sq Ft: 7500
  • Zoning: 61/COMME
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2020
Sold by
Moreco Corp
Bought by
Epic 30 Llc
Current Estimated Value
$2,874,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,061,035
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$1,813,279

Purchase Details

Closed on
May 15, 2015
Sold by
Lad Industries Inc
Bought by
Moreco Corp

Purchase Details

Closed on
Apr 7, 2015
Sold by
859 & 63 Ne 79 St Llc
Bought by
Moreco Corp

Purchase Details

Closed on
Mar 13, 2008
Sold by
Morland International Llc
Bought by
859 & 63 Ne 79Th Street Llc

Purchase Details

Closed on
Aug 7, 2006
Sold by
Schneider Michael and Grenald Douglas L
Bought by
Morland International Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 18, 2003
Sold by
Haziza Guy B
Bought by
Lad Industries Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.93%

Purchase Details

Closed on
Sep 11, 1999
Sold by
Grenald Ben Z and Grenald Selma M
Bought by
Grenald Douglas L
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Epic 30 Llc $1,500,000 Attorney
Moreco Corp $475,000 Pinnacle Title Group Llc
Moreco Corp $950,000 Pinnacle Title Group Llc
859 & 63 Ne 79Th Street Llc $684,000 Attorney
Morland International Llc $799,000 Attorney
Lad Industries Inc $90,000 --
Grenald Douglas L $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Epic 30 Llc $1,200,000
Previous Owner Morland International Llc $300,000
Previous Owner Lad Industries Inc $54,000
Previous Owner Grenald Douglas L $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2014 09/02/14 Rented $1,500 0.0% --
09/01/2014 09/01/14 Under Contract -- -- --
05/09/2014 05/09/14 For Rent $1,500 -- --
Source: MIAMI REALTORS® MLS

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 $33,279 $1,745,606 -- --
2024 $34,419 $1,586,915 -- --
2023 $34,419 $1,442,650 $0 $0
2022 $27,037 $1,311,500 $1,128,000 $183,500
2021 $25,901 $1,219,074 $1,057,500 $161,574
2020 $25,446 $1,219,538 $1,057,500 $162,038
2019 $23,932 $1,213,129 $1,057,500 $155,629
2018 $22,062 $1,214,229 $1,057,500 $156,729
2017 $21,104 $888,250 $0 $0
2016 $26,382 $1,208,751 $0 $0
2015 $7,911 $312,637 $0 $0
2014 $6,446 $284,216 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1948732

MIAMI REALTORS® MLS

APN: 01-3207-016-3150

Your Personal Tour Guide

Ask me questions while you tour the home.