NOT LISTED FOR SALE

9701 Wayne Ave Palmetto Bay, FL 33157

0.93 Acre
-- Price per Acre
40,511 Sq Ft Lot

Last Sold May 20, 2016

Last sale price $1,100,000

Highlights

  • 0.93 Acre Lot
  • Corner Lot
  • Landscaped with Trees
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • No HOA

About This Lot

As of May 2016

Great development opportunity! Mixed-use zoning one block east of US 1 on Franjo Road. Three contig.lots (40,365 sf +/-). Can build over 50,000 sf bldg. in the heart of Palmetto Bay business district. Located proximate to Miami Childrens Hospital and one block South of Palmetto Bay & City Hall.

Last Agent to Sell the Property

Maria Dominguez

MMLS Assoc.-Inactive Member License #3308203 Listed on: 02/08/2016

MMLS Assoc.-Inactive Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,930

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 445x135
  • Corner Lot
  • Cleared Lot
  • Landscaped with Trees
  • Additional Parcels
  • Property is zoned 68/COMM

Location

  • City Lot

Community Details

  • No Home Owners Association
  • 32 55 40 Morningside Acre Condos
  • 32 55 40 Morningside Acre Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-32-007-0180

Property Details

Property Type

Land

Est. Annual Taxes

$13,930

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Corporation
  • Property Sub Type: Commercial
  • Directions: US 1 SOUTH TO FRANJO ROAD, CORNER OF FRANJO ROAD & WAYNE AVE.
  • Horses: No
  • Lot Size Acres: 0.93
  • Lot Size: 445x135
  • New Construction: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Structure Type: Commercial
  • Subdivision Name: 32 55 40 MORNINGSIDE ACRE
  • Special Features: None

Interior Features

  • Possible Use: Unknown/Withheld, Other Plan Use

Exterior Features

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

Garage/Parking

  • Park Building Name: 32 55 40 MORNINGSIDE ACRE

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Green Building Features: Sidewalk
  • Utilities: Electricity Connected, Electricity Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 33-50-32-007-0180
  • Additional Parcels: Yes
  • Current Use: Other Usage, Unimproved Business/Commercial
  • Lot Size Sq Ft: 40365
  • Zoning: 68/COMM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 13930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2017
Sold by
Indigo Gardens Developers Llc
Bought by
Indigo At Palmetto Bay Llc

Purchase Details

Listed on
Feb 8, 2016
Closed on
May 20, 2016
Sold by
Palmetto Bay Plaza Llc
Bought by
Indigo Gardens Developers Llc
Seller's Agent
Maria Dominguez
MMLS Assoc.-Inactive Member
List Price
$1,100,000
Sold Price
$1,100,000

Purchase Details

Closed on
Mar 5, 2009
Sold by
9701 Wayne Llc
Bought by
Palmetto Bay Plaza Llc

Purchase Details

Closed on
Feb 3, 2006
Sold by
V & N Holdings Llc
Bought by
9701 Wayne Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2004
Sold by
9701 Wayne Avenue Llc
Bought by
V & N Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 10, 2003
Sold by
Kaplan A N and Kaplan Merilyn A
Bought by
9701 Wayne Avenue Llc
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
Indigo At Palmetto Bay Llc $2,800,000 Attorney
Indigo Gardens Developers Llc $1,100,000 Attorney
Palmetto Bay Plaza Llc -- Attorney
9701 Wayne Llc $342,400 None Available
V & N Holdings Llc $150,000 --
9701 Wayne Avenue Llc $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 9701 Wayne Llc $241,500
Previous Owner V & N Holdings Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $1,100,000 0.0% --
01/29/2016 01/29/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $1,100,000 -- --
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
2020 $9,073 $515,025 $515,025 $0
2019 -- $515,025 $515,025 $0
2018 -- $412,020 $412,020 $0
2017 -- $338,445 $0 $0
2016 -- $264,870 $0 $0
2015 -- $264,870 $0 $0
2014 -- $264,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Maria Dominguez

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10030298

MIAMI REALTORS® MLS

APN: 33-5032-007-0180

Florida Miami/Dade County Palmetto Bay 33157

9701 Wayne Ave, Palmetto Bay, FL

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