Seller's Agent in 2025
Francisco Neri
The Corcoran Group
(772) 913-5401
1 in this area
12 Total Sales
917 E Oak St Arcadia, FL 34266
0.79
Acre
$1,491,117
Price per Acre
34,325
Sq Ft Lot
About This Lot
As of July 2025OPPORTUNITY ZONE 8.4% CAP RATE. High-visibility, income-generating retail & commercial plaza, fully renovated and 100% leased! Avila Mall sits on East Oak Street/SR 70, a high-traffic corridor with excellent drive-by visibility. This 7,674 SF property on 0.788 acres features national and local tenants, ensuring strong rental income and long term appreciation. Recent upgrades include a new roof, modern exterior paint, and a striking monument sign, making it a turnkey investment. With ample parking, stable tenants, and a thriving location, Avila Mall is a rare opportunity in a growing market. Positioned in a prime commercial district, this property is ideal for investors seeking immediate cash flow and future growth. Contact us today for details!
Last Agent to Sell the Property
The Corcoran Group License #3529225 Listed on: 02/26/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,224
Lot Details
- 0.79 Acre Lot
- Lot Dimensions are 162x258
- Additional Parcels
- Property is zoned B-3
Location
- City Lot
Utilities
- Phone Connected
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 31-37-25-0016-2080-0050
Community Details
Overview
- No Home Owners Association
Building Details
- Insurance Expense $6,468
- Other Expense $25,740
- New Taxes Expense $6,224
- Operating Expense $38,445
- Gross Income $139,200
- Net Operating Income $100,754
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2025
Closed on
Jun 30, 2025
Sold by
Arcadia Plaza Llc
Bought by
Avila Mall Llc
Seller's Agent
Francisco Neri
The Corcoran Group
Buyer's Agent
Francisco Neri
The Corcoran Group
List Price
$1,600,000
Sold Price
$1,175,000
Premium/Discount to List
-$425,000
-26.56%
Views
63
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$946,771
Interest Rate
6.86%
Mortgage Type
Balloon
Purchase Details
Closed on
Oct 11, 2021
Sold by
Yesler Boyd
Bought by
Arcadia Plaza Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,625
Interest Rate
2.88%
Mortgage Type
Seller Take Back
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Go Go Titles Llc | |
| Warranty Deed | -- | Go Go Titles Llc | |
| Special Warranty Deed | $591,500 | Attorney | |
| Special Warranty Deed | $591,500 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $950,000 | Balloon | |
| Previous Owner | $443,625 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $1,175,000 | -2.1% | -- |
| 05/07/2025 05/07/25 | Price Changed | $1,200,000 | -4.0% | -- |
| 03/31/2025 03/31/25 | Price Changed | $1,250,000 | -12.0% | -- |
| 02/27/2025 02/27/25 | Price Changed | $1,420,000 | -11.3% | -- |
| 02/26/2025 02/26/25 | For Sale | $1,600,000 | -- | -- |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,268 | $225,000 | -- | $225,000 |
| 2023 | $5,334 | $225,000 | $0 | $225,000 |
| 2022 | $5,368 | $225,000 | $0 | $225,000 |
| 2021 | $5,679 | $225,000 | $0 | $225,000 |
| 2020 | $5,780 | $225,000 | $0 | $225,000 |
| 2019 | $5,854 | $225,000 | $0 | $225,000 |
| 2018 | $5,903 | $225,000 | $0 | $225,000 |
| 2017 | $5,440 | $225,000 | $0 | $225,000 |
| 2016 | $6,042 | $225,000 | $0 | $225,000 |
| 2015 | $6,065 | $223,000 | $0 | $223,000 |
| 2014 | $6,037 | $223,000 | $0 | $223,000 |
Source: Public Records
Agents Affiliated with this Home
-
Francisco Neri
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11752486
APN: 31-37-25-0016-2080-0050
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