NOT LISTED FOR SALE

900 SW 87th Ave Miami, FL 33174

Estimated Value: $1,534,304

0.2 Acre
$7,535,874 Price per Acre
8,871 Sq Ft Lot

Last Sold March 08, 2019

Last sale price $950,000

Est. 62% increase in value since last sale

Current estimated payment $9,571/month

149 Days on Market

About This Lot

As of March 2019

Don't miss out on this amazing opportunity to take advantage of the wealth that this commercial building has to offer. It is centrally located in Westchester the epicenter of Miami, surrounded by West Mami, Doral, and Sweetwater. This location offers both Miami charm and a rustic character that can be used in a variety of different business ventures, located in Westchester with an estimated population of 28,231 (1 mile). This commercial building has an average of 52,000 passer-bys on a daily basis making it very appealing to any business. This unique spot has a diverse cultural demographic catering to a large variety of cliental. Its tall ceilings and wide open spaces serve as the canvas to unless possibilities. Currently zone BU-1A Business Districts, Limited. 1111 STORE : RETAIL OUTLET.

Last Agent to Sell the Property

Gustavo Pacheco

EXP Realty LLC License #3187382 Listed on: 07/16/2018

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,087

Lot Details

  • 8,871 Sq Ft Lot
  • Lot Dimensions are 79x112
  • Corner Lot
  • Property is zoned 6400

Community Details

  • No Home Owners Association
  • Ideal Villa Home Tract Condos
  • Ideal Villa Home Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-09-004-0160

Property Details

Property Type

Land

Est. Annual Taxes

$8,087

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Directions: WAZE
  • Horses: No
  • Lot Size Acres: 0.2036
  • Lot Size: 79x112
  • New Construction: No
  • Road Frontage Type: Legal Access Road, County Road, Public Road
  • Subdivision Name: IDEAL VILLA HOME TRACT
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Other Plan Use, Professional, Urban Commercial

Exterior Features

  • Lot Features: Central Business District, Corner Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: IDEAL VILLA HOME TRACT

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 30-40-09-004-0160
  • Current Use: Income (Recreational), Other Style
  • Lot Size Sq Ft: 8871
  • Zoning: 6400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 8087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Feb 28, 2019
Sold by
Carballo Real Estate Holdings Llc
Bought by
900 Sw 87 Ave Llc
Seller's Agent
Gustavo Pacheco
EXP Realty LLC
List Price
$1,081,000
Sold Price
$950,000
Premium/Discount to List
-$131,000
-12.12%
Current Estimated Value
$1,534,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,304
Avg. Annual Appreciation
8.10%
Original Mortgage
$418,800
Outstanding Balance
$369,683
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,210,465

Purchase Details

Closed on
Aug 30, 2017
Sold by
A & A Lawnmower Service Inc
Bought by
Carballo Real Estate Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 24, 2009
Sold by
Dual Dreams Investments Inc
Bought by
Castilla Market Corporation

Purchase Details

Closed on
Jul 17, 1997
Sold by
Hames Nancye K
Bought by
A & A Lawnmower Service Inc
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
900 Sw 87 Ave Llc $950,000 Enterprise Title Inc
Carballo Real Estate Holding Llc $875,000 Attorney
Castilla Market Corporation -- None Available
A & A Lawnmower Service Inc $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 900 Sw 87 Ave Llc $418,800
Closed 900 Sw 87 Ave Llc $523,500
Previous Owner Carballo Real Estate Holding Llc $910,000
Previous Owner A & A Lawnmower Service Inc $245,000
Previous Owner A & A Lawnmower Service Inc $290,000
Previous Owner A & A Lawnmower Service Inc $100,000
Previous Owner A & A Lawnmower Services Inc $105,000
Previous Owner A & A Lawnmower Service Inc $175,000
Previous Owner A & L Lawnmower Service Inc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $950,000 -3.1% --
12/11/2018 12/11/18 Pending -- -- --
12/05/2018 12/05/18 Price Changed $980,000 -1.5% --
09/04/2018 09/04/18 Price Changed $995,000 -8.0% --
07/15/2018 07/15/18 For Sale $1,081,000 -- --
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 $16,746 $1,031,525 -- --
2024 $15,991 $937,750 -- --
2023 $15,991 $852,500 $0 $0
2022 $13,320 $775,000 $532,260 $242,740
2021 $13,756 $775,000 $487,905 $287,095
2020 $13,796 $775,000 $487,905 $287,095
2019 $10,281 $574,402 $487,905 $86,497
2018 $10,794 $618,757 $532,260 $86,497
2017 $8,087 $459,079 $0 $0
2016 $8,216 $455,136 $0 $0
2015 $8,229 $447,252 $0 $0
2014 -- $444,624 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gustavo Pacheco

    Seller's Agent in 2019

    Gustavo Pacheco

    EXP Realty LLC

    (305) 492-9705

    2 in this area

    125 Total Sales

    Gustavo Pacheco
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10504372

MIAMI REALTORS® MLS

APN: 30-4009-004-0160

Florida Miami/Dade County Miami 33144

900 SW 87th Ave, Miami, FL

This home is located at 900 SW 87th Ave, Miami, FL 33174 since 16 July 2018 and is currently estimated at $1,534,304. 900 SW 87th Ave is a home located in Miami-Dade County with nearby schools including Everglades K-8 Center, Rockway Middle School, and Miami Coral Park 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.

MIAMI REALTORS® MLS 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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