$1,700,000
SOLD OCT 4, 2016
0.8 Acre
$2,125,000 Price per Acre
34,848 Sq Ft Lot

Recently Sold

$365 Per Sq Ft

14% Below List Price

56 Days on Market

Highlights

  • Private Dock
  • 0.8 Acre Lot
  • No HOA
  • North Beach Elementary School Rated A-
  • Home fronts a canal
  • 5-minute walk to Polo Park & Tennis Courts

About This Lot

As of March 2021

WATERFRONT RESIDENTIAL DEVELOPMENT OPPORTUNITY !!! Great waterfront lot - ready to build your dream home, or a great opportunity for a Developer to build Spec Home on Miami Beach. Next to new Ritz Carlton Residences. Easy access to I-95, Airport, Downtown, Schools, Hospital, Beaches and more. Walk to dining and shopping. Four brand new homes under-construction on same block. Existing structure ready for demo. Owner financing available.

Last Agent to Sell the Property

Lyle Chariff

MMLS Assoc.-Inactive Member License #0598708 Listed on: 06/29/2016

Last Buyer's Agent

Kenny Raymond

BHHS EWM Realty License #0613345

BHHS EWM Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,959

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 62.3x154
  • Home fronts a canal
  • West Facing Home
  • Landscaped with Trees
  • Property is zoned RS-4

Property Views

  • Canal Views

Location

  • Flood Zone Lot
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 02-32-22-014-0350

Community Details

Overview

  • No Home Owners Association
  • Nautilus Add Condos
  • Nautilus Add Subdivision

Recreation

  • Canal Width is 81-120 Feet
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$25,959

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size Acres: 0.8
  • Lot Size: 62.3x154
  • New Construction: No
  • Road Surface Type: Paved
  • Structure Type: Residential
  • Subdivision Name: Nautilus Add
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • View: Canal View
  • Direction Faces: West
  • Waterfront Elevation: 5
  • Lot Features: City Location, Lot Located In A Flood Zone, Near School, Other Soil Type, 1/4 To Less Than 1/2 Acre Lot, Curb
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Canal Width 81-120 Feet
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Nautilus Add

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-22-014-0350
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 9594
  • Zoning: RS-4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 25959

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Mar 11, 2021
Sold by
Garcia Jose M and 4225 North Meridian
Bought by
Yitzchakov Gavriel M
Seller's Agent
Nelson Gonzalez
BHHS EWM Realty
Buyer's Agent
Menachem Fellig
Compass Florida, LLC.
List Price
$5,950,000
Sold Price
$5,300,000
Premium/Discount to List
-$650,000
-10.92%
Current Estimated Value
$7,407,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,107,853
Avg. Annual Appreciation
6.49%
Original Mortgage
$3,710,000
Outstanding Balance
$3,346,252
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,641,683

Purchase Details

Listed on
Aug 15, 2016
Closed on
Oct 12, 2016
Sold by
Chariff Clara I and Chariff Lyle Chariff
Bought by
4225 North Meridian Avenu E Land Trust
Seller's Agent
Lyle Chariff
MMLS Assoc.-Inactive Member
Buyer's Agent
Kenny Raymond
BHHS EWM Realty
List Price
$1,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$100,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.04%
Original Mortgage
$2,550,000
Interest Rate
3.42%

Purchase Details

Listed on
Sep 28, 2015
Closed on
Jun 14, 2016
Sold by
Aparna Rajadhyaksha Chetan and Aparna Rajadyaksha
Bought by
Chariff Lyle and Chariff Clara I
Seller's Agent
Roger Shields
Douglas Elliman
Buyer's Agent
Roger Shields
Douglas Elliman
List Price
$2,650,000
Sold Price
$1,648,000
Premium/Discount to List
-$1,002,000
-37.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%

Purchase Details

Listed on
Jan 28, 2014
Closed on
Jul 11, 2014
Sold by
Josub Isabel Aron and Olczyk Bernardo
Bought by
Rajadhyaksha Chetah and Rajadhyaksha Aparna
Seller's Agent
Jeri Jenkins
Coldwell Banker Realty
Buyer's Agent
Jeri Jenkins
Coldwell Banker Realty
List Price
$1,795,000
Sold Price
$1,430,000
Premium/Discount to List
-$365,000
-20.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$1,215,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $3,975,000 Straight Line Title Svcs Llc
Deed -- --
Warranty Deed $1,600,000 Attorney
Warranty Deed $1,430,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,710,000 New Conventional
Previous Owner $2,550,000 No Value Available
Previous Owner $94,000 No Value Available
Previous Owner $1,215,500 Adjustable Rate Mortgage/ARM
Previous Owner $235,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $5,300,000 -10.9% $1,149 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $5,950,000 +250.0% $1,290 / Sq Ft
10/04/2016 10/04/16 Sold $1,700,000 0.0% $365 / Sq Ft
10/04/2016 10/04/16 Sold $1,700,000 -5.6% $418 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $1,800,000 -8.9% $443 / Sq Ft
06/29/2016 06/29/16 For Sale $1,975,000 +19.8% $424 / Sq Ft
06/14/2016 06/14/16 Sold $1,648,000 -37.8% $172 / Sq Ft
05/22/2016 05/22/16 Pending -- -- --
09/24/2015 09/24/15 For Sale $2,650,000 +85.3% $276 / Sq Ft
07/15/2014 07/15/14 Sold $1,430,000 -10.3% $352 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
04/14/2014 04/14/14 Price Changed $1,595,000 -11.1% $393 / Sq Ft
01/28/2014 01/28/14 For Sale $1,795,000 -- $442 / 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 $100,680 $5,438,065 $2,772,666 $2,665,399
2024 $93,379 $5,299,207 -- --
2023 $93,379 $4,817,461 $0 $0
2022 $82,288 $4,379,510 $1,631,046 $2,748,464
2021 $58,006 $3,004,216 $1,088,681 $1,915,535
2020 $19,733 $1,019,263 $1,019,263 $0
2019 $19,752 $1,019,263 $1,019,263 $0
2018 $19,166 $1,019,263 $1,019,263 $0
2017 $18,481 $970,472 $0 $0
2016 $26,842 $1,381,873 $0 $0
2015 $25,959 $1,310,256 $0 $0
2014 $7,504 $409,527 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10108038

MIAMI REALTORS® MLS

APN: 02-3222-014-0350