NOT LISTED FOR SALE

888 NE 71st St Miami, FL 33138

Upper East Side North Neighborhood

Estimated Value: $1,170,000 - $1,531,000

2 Beds
1 Bath
1,244 Sq Ft
$1,112/Sq Ft Est. Value

Last Sold February 13, 2019

Last sale price $385,000 $309 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $8,696/month

47 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Tile Flooring
  • Morningside K-8 Academy Rated 9+
  • Cooling Available
  • 4-minute walk to Baywood Park

About This Home

As of February 2019

This is the ideal property for someone looking for a blank canvas east of US-1. Restricted access makes this 12,500 sf lot very attractive for new home builders. Lot has been subdivided by splitting the folio which you can build 2 2100 sqft homes worth 800k+. Walking distance to the bay and Briarwood Park. Drive around the neighborhood to see other masterpieces created by visionaries who also wanted to craft their dreams. The interior of the home has been demoed, just needs exterior structure demoed and ready to build.

Last Agent to Sell the Property

Michael Venereo

Barcelo Realty Corp License #3121039 Listed on: 12/05/2018

Last Buyer's Agent

Michael Venereo

Barcelo Realty Corp License #3121039 Listed on: 12/05/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952 | Under Construction

Lot Details

  • 0.29 Acre Lot
  • North Facing Home
  • Property is zoned 0104

Property Views

  • Ocean
  • Bay

Interior Spaces

  • 1,244 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Baywood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-004-0320

Home Details

Home Type

Single Family

Year Built

Built in 1952 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: BAYWOOD
  • Year Built Details: Under Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1244
  • Possible Use: Investment
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Other
  • View: Bay, Ocean
  • Exterior Features: Other
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • Property Condition: Under Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAYWOOD
  • Parking Features: None

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-18-004-0320
  • Lot Size Sq Ft: 12500
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 13249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
Feb 7, 2019
Sold by
Rockwood Investments Inc
Bought by
Florida Sdi Development Corp Inc
Seller's Agent
Michael Venereo
Barcelo Realty Corp
Buyer's Agent
Michael Venereo
Barcelo Realty Corp
List Price
$499,900
Sold Price
$385,000
Premium/Discount to List
-$114,900
-22.98%
Current Estimated Value
$1,383,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$998,835
Avg. Annual Appreciation
21.01%

Purchase Details

Listed on
May 4, 2017
Closed on
Jun 28, 2018
Sold by
Garner Honorea and Garner Honorea
Bought by
Rockwood Investments Inc
Seller's Agent
Stacey Fiore
MMLS Assoc.-Inactive Member
Buyer's Agent
Adonis Duarte
Odanis Realty Advisors LLC
List Price
$700,000
Sold Price
$335,000
Premium/Discount to List
-$365,000
-52.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.71%
Original Mortgage
$421,500
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Florida Sdi Development Corp Inc $380,000 Miami Title Group Inc
Rockwood Investments Inc $335,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rockwood Investments Inc $421,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2019 02/13/19 Sold $385,000 -6.1% $309 / Sq Ft
01/04/2019 01/04/19 Price Changed $410,000 -4.6% $330 / Sq Ft
12/26/2018 12/26/18 Price Changed $429,900 -6.5% $346 / Sq Ft
12/10/2018 12/10/18 Price Changed $459,900 -8.0% $370 / Sq Ft
12/05/2018 12/05/18 For Sale $499,900 +49.2% $402 / Sq Ft
06/28/2018 06/28/18 Sold $335,000 -48.5% $269 / Sq Ft View Prior Sale
05/29/2018 05/29/18 Pending -- -- --
05/21/2018 05/21/18 Price Changed $650,000 -7.1% $523 / Sq Ft
05/04/2017 05/04/17 For Sale $700,000 -- $563 / 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 $17,008 $913,000 -- --
2024 $21,307 $968,416 -- --
2023 $21,307 $880,379 $0 $0
2022 $17,304 $800,345 $0 $0
2021 $15,901 $727,587 $0 $0
2020 $14,467 $661,443 $575,000 $86,443
2019 $14,502 $661,582 $575,000 $86,582
2018 $13,249 $701,582 $615,000 $86,582
2017 $11,967 $521,004 $0 $0
2016 $11,405 $473,640 $0 $0
2015 $9,954 $430,582 $0 $0
2014 $1,803 $104,434 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Venereo

    Seller's Agent in 2019

    Michael Venereo

    Barcelo Realty Corp

    (786) 426-2792

    1 in this area

    36 Total Sales

    Michael Venereo
    Section Image

  • S

    Seller's Agent in 2018

    Stacey Fiore

    MMLS Assoc.-Inactive Member

    Section Image
  • Adonis Duarte

    Buyer's Agent in 2018

    Adonis Duarte

    Odanis Realty Advisors LLC

    (786) 288-1157

    2 Total Sales

    Adonis Duarte
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10581695

MIAMI REALTORS® MLS

APN: 01-3218-004-0320

Florida Miami/Dade County Miami 33138 Upper East Side North

888 NE 71st St, Miami, FL

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