NOT LISTED FOR SALE

9800 NW 87th Ave Medley, FL 33178

Estimated Value: $5,753,258

1.1 Acres
$5,230,235 Price per Acre
47,916 Sq Ft Lot

Last Sold June 01, 2019

Last sale price $12,000 $6 Per Sq Ft

Est. 47,844% increase in value since last sale

Current estimated payment $37,405/month

19 Days on Market

Highlights

  • Up to 100-Foot Boat
  • 1.1 Acre Lot
  • No HOA

About This Lot

As of June 2019

1.1 Acres (approximately 48,000 sq ft) of Vacant Industrial Land completely paved with concrete, with a 1,000 sq ft air-conditioned Office FOR LEASE in the heart of Medley, Prime location just off S River Dr & NW 87th Avenue. Approved for Trucks, Auto-related, auto salvage and recycling, salvage yard, junk-yard, commercial, parking, manufacturing, and/or Storage Uses. Easy access to Palmetto 826, US-27 okeechobee rd, S River Dr, and 87th Avenue. Available June 2019 with a minimum lease of 3-years. Asking $12,000/mo + $100k Key Money (non-refundable move-in fee). Landlord will be responsible for property taxes. We are offering a 3% Co-Broker fee of gross lease value & key money for an agent who brings a tenant. Agents, please contact the owner/agent for a private tour.

Last Agent to Sell the Property

Kristopher Rodriguez

Sigma Real Estate & Investment License #3323837 Listed on: 05/13/2019

Last Buyer's Agent

Kristopher Rodriguez

Sigma Real Estate & Investment License #3323837 Listed on: 05/13/2019

Property Details

Property Type

  • Land

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 25x200
  • Cleared Lot
  • Property is zoned 7100

Interior Spaces

  • 2,025 Sq Ft Home

Utilities

  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 22-30-03-001-0611

Community Details

Overview

  • No Home Owners Association
  • Fla Fruit Land Co Sub Condos
  • Fla Fruit Land Co Sub Subdivision

Recreation

  • Up to 100-Foot Boat
  • Utility Building

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Industrial
  • Horses: No
  • Inclusions: Up to 100 Ft Boat
  • Lot Size Acres: 1.1
  • Lot Size: 25x200
  • New Construction: No
  • Road Frontage Type: Legal Access Road, Main Thoroughfare, Public Road
  • Road Surface Type: Paved
  • Structure Type: Industrial
  • Subdivision Name: FLA FRUIT LAND CO SUB
  • Special Features: VirtualTour

Interior Features

  • Living Area: 2025
  • Possible Use: Investment, Industrial, Urban Commercial

Exterior Features

  • Lot Features: Central Business District, 1-2.5 Acres, Cleared Land
  • Other Structures: Utility Building/Barn
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FLA FRUIT LAND CO SUB

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Removal

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 22-30-03-001-0611
  • Current Use: Unimproved Business/Commercial, Unimproved Industrial/Mfg/Warehouse
  • Lot Size Sq Ft: 48000
  • Zoning: 7100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 28226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2023
Sold by
Town Of Medley
Bought by
State Of Florida Department Of Transportation
Current Estimated Value
$5,753,258

Purchase Details

Closed on
Dec 12, 2019
Sold by
Fordome Inc
Bought by
Gpt Nw 87Th Avenue Owner Llc

Purchase Details

Closed on
Jun 26, 2001
Sold by
Howard Beck I
Bought by
Fordome Inc
Source: Public Records

Range of Values:

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Average Value
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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
State Of Florida Department Of Transportation -- None Listed On Document
Gpt Nw 87Th Avenue Owner Llc $3,300,000 First Natl Fincl Ttl Svcs Ll
Fordome Inc $675,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2019 06/01/19 Sold $12,000 0.0% $6 / Sq Ft
05/13/2019 05/13/19 For Sale $12,000 -- $6 / Sq Ft
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 $73,420 $158,654 -- --
2024 $69,831 $3,281,159 -- --
2023 $69,831 $2,982,872 $0 $0
2022 $57,533 $2,711,702 $0 $0
2021 $51,355 $2,712,829 $0 $0
2020 $53,722 $2,466,209 $2,395,800 $70,409
2019 $33,777 $2,081,825 $2,012,472 $69,353
2018 $28,226 $1,316,341 $1,245,816 $70,525
2017 $25,067 $1,181,178 $0 $0
2016 $24,123 $1,073,799 $0 $0
2015 $23,223 $976,181 $0 $0
2014 $23,131 $887,438 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10672510

MIAMI REALTORS® MLS

APN: 22-3003-001-0611