NOT LISTED FOR SALE
6,500 Acres
-- Price per Acre
283,140,000 Sq Ft Lot

Sale Details

Date Sold: September 29, 2022

Last sale price $1,800,000 $3,000 Per Sq Ft

26 Days on Market

About This Lot

As of September 2022

PRIME REDEVELOPMENT OPPORTUNITY UNRIVALED MIAMI BEACH LOCATION. ARCHITECTURAL PLANS AND PERMITS FOR A NEW GROUND-UP CONSTRUCTION OF A 4 STORY 16 ROOM BOUTIQUE APARTMENT HOTEL TO REPLACE EXISTING 2 STORY APARTMENT BUILDING.

Last Agent to Sell the Property

Joseph Torregrossa

Rich Homes of Florida License #0561175 Listed on: 08/25/2022

Last Buyer's Agent

Brigitte Benichay

Rich Homes of Florida License #3005825

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,121

Lot Details

  • 6,500 Acre Lot
  • Property is zoned 3900

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Normandy Beach South Condos
  • Normandy Beach South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-002-0130

Property Details

Property Type

Land

Est. Annual Taxes

$25,121

Lot Details

6,500 Acres

Listing Details

  • Property Type: Commercial Land
  • Horses: No
  • Lot Size Acres: 6500
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Road Surface Type: Paved
  • Subdivision Name: NORMANDY BEACH SOUTH
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Investment, Central Urban

Exterior Features

  • Lot Features: City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORMANDY BEACH SOUTH

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-11-002-0130
  • Current Use: Unimproved Hotel/Motel
  • Lot Size Sq Ft: 6500
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 25121

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Sep 26, 2022
Sold by
Bought by
Seller's Agent
Joseph Torregrossa
Rich Homes of Florida
Buyer's Agent
Brigitte Benichay
Rich Homes of Florida
List Price
$2,200,000
Sold Price
$1,800,000
Premium/Discount to List
-$400,000
-18.18%
Views
28

Purchase Details

Closed on
Apr 27, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
0.0577%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,800,000 --
$1,417,500 Attorney
$450,200 None Available
$1,100,000 M G Title Services Inc
$393,000 --
$240,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $185,000
Closed $60,000
Closed $60,000
Closed $825,000
Closed $100,000
Closed $78,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2022 09/29/22 Sold $1,800,000 0.0% $3,000 / Sq Ft
09/29/2022 09/29/22 Sold $1,800,000 -18.2% $407 / Sq Ft View Prior Sale
09/21/2022 09/21/22 Pending -- -- --
09/21/2022 09/21/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $2,200,000 0.0% $3,667 / Sq Ft
07/18/2022 07/18/22 Price Changed $2,200,000 -4.3% $498 / Sq Ft
04/11/2022 04/11/22 For Sale $2,300,000 -- $520 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $26,132 $1,392,961 $1,105,000 $287,961
2024 $25,982 $1,392,961 $1,105,000 $287,961
2023 $25,982 $1,374,963 $1,105,000 $269,963
2022 $24,817 $1,291,530 $0 $0
2021 $25,121 $1,262,265 $0 $0
2020 $22,215 $1,342,514 $1,105,000 $237,514
2019 $22,028 $1,136,718 $910,000 $226,718
2018 $21,375 $1,136,718 $910,000 $226,718
2017 $15,903 $735,537 $0 $0
2016 $15,385 $668,670 $0 $0
2015 $12,606 $607,882 $0 $0
2014 $12,201 $552,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11261260

MIAMI REALTORS® MLS
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