NOT LISTED FOR SALE

Estimated Value: $6,942,000 - $10,858,299

0.03 Acre
$297,203,333 Price per Acre
13,125 Sq Ft Lot

Last Sold April 23, 2012

Last sale price $1,786,000 $136 Per Sq Ft

Est. 399% increase in value since last sale

Current estimated payment $53,140/month

173 Days on Market

Highlights

  • Private Dock
  • Property Fronts a Bay or Harbor
  • Landscaped with Trees
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • No HOA
  • 1-minute walk to Bay Harbor Tot Lot

About This Lot

As of April 2012

If you are looking to build your dream home here is your chance to own one of the few remaining buildable lots on the wide open bay with 75' of bay frontage. Property has amazing views and some of the most beautiful sunsets in your backyard. Located in Ba y Harbor Islands close to some of the best schools in the county, places of worship, Bal Harbor Shops, beaches and great restaurants. Located on quiet street and very close to a park. Boaters you have open water access to Haulover Cut just minutes away.

Last Agent to Sell the Property

Kenny Raymond

BHHS EWM Realty License #0613345 Listed on: 10/13/2011

BHHS EWM Realty

Last Buyer's Agent

Kenny Raymond

BHHS EWM Realty License #0613345 Listed on: 10/13/2011

BHHS EWM Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,741

Lot Details

  • 13,125 Sq Ft Lot
  • Lot Dimensions are 75x175
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Fenced
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned 1 /S FM

Interior Spaces

  • 13,125 Sq Ft Home
  • Bay Views

Location

  • Flood Zone Lot
  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13-22-27-001-4490

Community Details

Overview

  • No Home Owners Association
  • Bay Harbor Island Condos
  • Bay Harbor Island Subdivision

Recreation

  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$28,741

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size Acres: 0.03
  • Lot Size: 75x175
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Structure Type: Residential
  • Subdivision Name: BAY HARBOR ISLAND
  • Special Features: VirtualTour

Exterior Features

  • View: Bay View
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: City Location, Lot Located In A Flood Zone, Near Business Park, Near School, 1/2 To Less Than 3/4 Acre Lot, Cleared, Fenced, Waterfront Bulkhead
  • Other Structures: None
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BAY HARBOR ISLAND

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: No Utilities, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 13-22-27-001-4490
  • Additional Parcels: No
  • Current Use: Residential, Unused
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 13125
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 28741

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2011
Closed on
Apr 23, 2012
Sold by
Carter Arnold P and Carter Sheri
Bought by
Agrawal Sukrt
Seller's Agent
Kenny Raymond
BHHS EWM Realty
Buyer's Agent
Kenny Raymond
BHHS EWM Realty
List Price
$1,990,000
Sold Price
$1,786,000
Premium/Discount to List
-$204,000
-10.25%
Current Estimated Value
$8,916,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,130,100
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
Feb 24, 1993
Sold by
Yager Resort Porp Inc
Bought by
Gator Racquet Club
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
Agrawal Sukrt $1,339,500 Attorney
Gator Racquet Club $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Arnold P $1,820,000
Previous Owner Carter Arnold P $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2012 04/23/12 Sold $1,786,000 -10.3% $136 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
10/12/2011 10/12/11 For Sale $1,990,000 -- $152 / 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 $55,837 $3,196,904 -- --
2024 $54,504 $3,106,807 -- --
2023 $54,504 $3,016,318 $0 $0
2022 $52,861 $2,928,465 $0 $0
2021 $53,992 $2,843,170 $0 $0
2020 $53,476 $2,803,916 $0 $0
2019 $52,386 $2,740,876 $0 $0
2018 $50,472 $2,689,771 $0 $0
2017 $50,783 $2,634,448 $0 $0
2016 $51,709 $2,580,263 $0 $0
2015 $51,932 $2,562,327 $0 $0
2014 $35,097 $1,588,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1561517

MIAMI REALTORS® MLS

APN: 13-2227-001-4490