NOT LISTED FOR SALE

888 W 47th St Miami Beach, FL 33140

Nautilus Neighborhood

Estimated Value: $1,939,367 - $3,118,000

0.17 Acre
$14,484,365 Price per Acre
7,500 Sq Ft Lot

Last Sold January 08, 2020

Last sale price $610,000 $227 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $15,369/month

291 Days on Market

Highlights

  • Water Views
  • North Beach Elementary School Rated A-
  • Paved or Partially Paved Lot

About This Lot

As of January 2020

South Beach lifestyle in a quiet Miami Beach neighborhood, This property has a 1928 built 3 bed/2.5 bath main home with an attached 1 bed/ 1 bath in-law suite, with separate entrance! Live-in and/or rent out for income as you finalize your plans to build your Miami Beach dream home. Lovely walk-able neighborhood, minutes from South Beach. I95, downtown Miami and Ritz Carlton Residences Miami Beach.

Last Agent to Sell the Property

Angela Reinhardt

South Palm Realty License #708084 Listed on: 02/20/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,308

Lot Details

  • 7,500 Sq Ft Lot
  • North Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned 0100

Property Views

  • Water
  • Garden

Community Details

  • Nautilus Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-22-014-1410

Property Details

Property Type

Land

Est. Annual Taxes

$4,308

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 47th St, between Alton Rd and Meridian Ave
  • Special Features: VirtualTour

Exterior Features

  • View: Garden, Other, Water
  • Lot Features: < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: North

Lot Info

  • Parcel #: 02-32-22-014-1410
  • Development Status: Site Plan Filed
  • Lot Size: 60.0 ft x 125.0 ft
  • Lot Size Sq Ft: 7500.0
  • Zoning Description: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4308.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Jan 8, 2020
Sold by
Okur Lorraine D and Okur Lorraine Reinhardt
Bought by
Wise Realty Investments Llc
Seller's Agent
Angela Reinhardt
South Palm Realty
List Price
$949,000
Sold Price
$610,000
Premium/Discount to List
-$339,000
-35.72%
Total Days on Market
291
Current Estimated Value
$2,462,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,852,342
Avg. Annual Appreciation
28.47%
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
Wise Realty Investments Llc $610,000 First International Ttl Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wise Realty Investments Llc $1,300,000
Closed Wise Realty Investments Llc $357,000
Previous Owner Oxur Lorraine $163,000
Previous Owner Okur Lorraine D $100,000
Previous Owner Okur Lorraine D $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Sold $610,000 -35.7% $227 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $949,000 -- $354 / Sq Ft
Source: BeachesMLS

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 $21,243 $1,070,983 -- --
2024 $19,297 $973,621 -- --
2023 $19,297 $871,962 $0 $0
2022 $16,019 $792,693 $0 $0
2021 $13,914 $720,630 $562,800 $157,830
2020 $4,662 $281,596 $0 $0
2019 $4,544 $275,265 $0 $0
2018 $4,308 $270,133 $0 $0
2017 $4,261 $264,577 $0 $0
2016 $4,245 $259,136 $0 $0
2015 $4,298 $257,335 $0 $0
2014 $4,370 $255,293 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Angela Reinhardt

    South Palm Realty

    3 Total Sales

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Map

Source: BeachesMLS

MLS Number: R10506515

BeachesMLS

APN: 02-3222-014-1410

Florida Miami/Dade County Miami Beach 33140 Nautilus

888 W 47th St, Miami Beach, FL

This home is located at 888 W 47th St, Miami Beach, FL 33140 since 20 February 2019 and is currently estimated at $2,462,342, approximately $917 per square foot. 888 W 47th St is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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