NOT LISTED FOR SALE

Miami, FL 33143

Estimated Value: $1,943,000

0.4 Acre
$4,857,500 Price per Acre
17,424 Sq Ft Lot

Last Sold October 09, 2020

Last sale price $875,000 $722 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $12,163/month

88 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • 4-minute walk to Fuchs Park
  • South Miami Middle School Rated A-

About This Lot

As of October 2020

Dixon Commercial Real Estate is pleased to present a development opportunity in the residential area between the cities of South Miami and Pinecrest.
The property has a tentative plat approval for the development of two duplexes for a total of four units.
With street frontage of 140’ along the east side of SW 65th Avenue and frontage of 104’ along the north side of SW 84th Street there is the potential for a variety of designs.
New single family construction in the area have sold from $1,800,000 to $2,500,000.
Water and Sewer on-site.

Last Agent to Sell the Property

Andrew Dixon

Dwntwn Realty Advisors LLC License #3138883 Listed on: 06/29/2020

Co-Listed By

Roger Lopez

MMLS Assoc.-Inactive Member License #3244475

Last Buyer's Agent

Thomas Dixon

Dixon Commercial Real Estate, Inc. License #0022004

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,172

Lot Details

  • 0.4 Acre Lot
  • East Facing Home
  • Landscaped with Trees
  • Property is zoned 0100

Home Design

  • 1,212 Sq Ft Home

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Groves Extension Condos
  • Groves Extension Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-36-004-0410

Property Details

Property Type

Land

Est. Annual Taxes

$11,172

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: THDX01
  • Co List Office Phone: 305-443-4966
  • Horses: No
  • Lot Size Acres: 0.4
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: GROVES EXTENSION
  • Special Features: VirtualTour

Interior Features

  • Living Area: 1212
  • Possible Use: Investment

Exterior Features

  • Direction Faces: East
  • Lot Features: No Misc/Improvements
  • Other Structures: Run Down
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GROVES EXTENSION

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 30-40-36-004-0410
  • Additional Parcels: No
  • Current Use: Zoned Duplex, Check Land Use Plan, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 14516
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Oct 2, 2020
Sold by
Hwu Jackson
Bought by
Legacy 6495 Llc
Seller's Agent
Andrew Dixon
Dwntwn Realty Advisors LLC
Buyer's Agent
Thomas Dixon
Dixon Commercial Real Estate, Inc.
List Price
$1,200,000
Sold Price
$875,000
Premium/Discount to List
-$325,000
-27.08%
Current Estimated Value
$1,943,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,068,000

Purchase Details

Closed on
Dec 31, 2015
Sold by
6495 Llc
Bought by
Hwu Jackson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 28, 2015
Sold by
Gurri Carlos Ernesto and Garcia Oralis Hernandez
Bought by
Gurri Carlos Ernesto and Garcia Oralis Hernandez

Purchase Details

Closed on
Mar 9, 2004
Sold by
Ng Betty and Ng Allan
Bought by
6495 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
Legacy 6495 Llc $835,000 Attorney
Hwu Jackson $600,000 Attorney
Gurri Carlos Ernesto -- Attorney
6495 Llc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hwu Jackson $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $875,000 -27.1% $722 / Sq Ft
06/29/2020 06/29/20 For Sale $1,200,000 -- $990 / 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
2021 $11,318 $615,345 $490,320 $125,025
2020 $9,627 $517,803 $429,030 $88,773
2019 $11,172 $603,646 $514,836 $88,810
2018 $10,886 $603,683 $514,836 $88,847
2017 $11,036 $603,720 $0 $0
2016 $12,419 $669,561 $0 $0
2015 $7,466 $336,949 $0 $0
2014 $6,674 $306,318 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Dixon

    Seller's Agent in 2020

    Andrew Dixon

    Dwntwn Realty Advisors LLC

    (305) 498-9816

    1 Total Sale

    Andrew Dixon
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Roger Lopez

    MMLS Assoc.-Inactive Member

    Section Image
  • Thomas Dixon

    Buyer's Agent in 2020

    Thomas Dixon

    Dixon Commercial Real Estate, Inc.

    (305) 443-4966

    Thomas Dixon
    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A10884623

MIAMI REALTORS® MLS

APN: 30-4036-004-0410

Florida Miami/Dade County Miami

33143

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