NOT LISTED FOR SALE

9245 SW 157th St Unit 203 Palmetto Bay, FL 33157

-- Bed
-- Bath
22,026 Sq Ft
0.51 Acres

Highlights

  • No HOA
  • Cooling Available
  • Central Heating
  • Coral Reef Elementary School Rated A
  • Home Security System
  • Carpet

About This Home

As of October 2016

For Lease. Office located on second floor. Two Story Professional building in the Palmetto Bay area with stable long term tenants. Plenty of natural light from larger windows. Suite has four private offices (that can also be used as conference rooms or bullpen) plus open work area. Lease includes: electricity, water/sewer, janitorial service, break room/kitchen, elevator and free ample parking available. Property located on U.S.1 and 157 St.

Last Agent to Rent the Property

Olga Suarez

Davide Realty Inc License #0522901 Listed on: 07/07/2016

Last Renter's Agent

Olga Suarez

Davide Realty Inc License #0522901 Listed on: 07/07/2016

Property Details

Property Type

  • Other

Year Built

  • Built in 1981

Lot Details

  • 0.51 Acre Lot
  • Property is zoned BU-1A

Home Design

  • Built-Up Roof

Interior Spaces

  • 2-Story Property
  • Carpet

Home Security

  • Home Security System
  • Security Lights
  • Fire and Smoke Detector

Parking

  • 20 Parking Spaces
  • Free Parking

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Palmetto Bay Condos

Listing and Financial Details

  • Assessor Parcel Number 33-50-28-047-0020

Property Details

Property Type

Other

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1981
  • Ownership: Limited Partnership
  • Property Sub Type: Lease
  • Business Type: Office Space
  • Directions: U.S.1 TO SW 157 STREET, EAST ON SW 157 STREET. TO BUILDING ON THE LEFT, NUMBER 9245 ON TOP OF BUILDING, In the City of Palmetto Bay.
  • Horses: No
  • Inclusions: Signs
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Lease
  • Year Built Details: Unknown
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Built-Up
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Palmetto Bay
  • Parking Features: Free Parking
  • Total Parking Spaces: 20

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Building A/C, Central Individual A/C
  • Cooling Y N: Yes
  • Electric: Other Electric
  • Electricity On Property: Yes
  • Heating: Central Electric, Central Gas
  • Heating Yn: Yes
  • Security: Smoke Alarm, Smoke Detector(s), Security Lights, Security System

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 33-50-28-047-0020
  • Current Use: Commercial Lease
  • Land Lease: No
  • Lot Size Sq Ft: 22026
  • Zoning: BU-1A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 21968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2011
Sold by
City National Bank Of Florida
Bought by
Ksy 157 Llc

Purchase Details

Closed on
Jul 20, 2011
Sold by
Stoker Building Llp
Bought by
City Natl Bank Of Florida

Purchase Details

Closed on
Feb 21, 2008
Sold by
9245 Sw 157 St Llc
Bought by
Stoker Building Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2007
Sold by
Ivarsa Inc
Bought by
9245 Sw 157 St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2000
Sold by
Stoker James R and Stoker Charles A
Bought by
Ivarsa 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
Ksy 157 Llc $1,250,000 Attorney
City Natl Bank Of Florida $200 --
Stoker Building Llp $2,315,000 Attorney
9245 Sw 157 St Llc $1,770,000 Attorney
Ivarsa Inc $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stoker Building Llp $1,750,000
Previous Owner 9245 Sw 157 St Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2016 10/01/16 Rented $900 0.0% --
09/15/2016 09/15/16 Under Contract -- -- --
07/01/2016 07/01/16 For Rent $900 -- --
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 $31,128 $1,835,000 $1,211,430 $623,570
2024 $29,202 $1,815,000 -- --
2023 $29,202 $1,650,000 $0 $0
2022 $26,226 $1,500,000 $991,170 $508,830
2021 $26,935 $1,490,000 $881,040 $608,960
2020 $25,419 $1,415,000 $881,040 $533,960
2019 $25,438 $1,415,000 $881,040 $533,960
2018 $24,868 $1,415,000 $506,598 $908,402
2017 $25,345 $1,415,000 $0 $0
2016 $23,931 $1,287,000 $0 $0
2015 $21,968 $1,170,000 $0 $0
2014 $21,514 $1,122,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10108037

MIAMI REALTORS® MLS

APN: 33-5028-047-0020