NOT LISTED FOR SALE

Estimated Value: $1,620,311

1 Acre
$1,620,311 Price per Acre
43,560 Sq Ft Lot

Last Sold May 20, 2016

Last sale price $720,000

Est. 125% increase in value since last sale

Current estimated payment $9,861/month

86 Days on Market

About This Lot

As of May 2016

Amazing Free standing building on the 8th Street CALLE OCHO!!!! Do not miss this opportunity to own three retail bays on the first floor and two residential apartments on the second floor. Lots of potential!!!!!

Last Agent to Sell the Property

Ana Londono

Eagle Realty of South Florida License #3268888 Listed on: 02/08/2016

Last Buyer's Agent

Ana Londono

Eagle Realty of South Florida License #3268888 Listed on: 02/08/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,445

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 69x106
  • Property is zoned C-1

Additional Features

  • City Lot
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Gray Park Condos
  • Gray Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-40-01-010-0360

Property Details

Property Type

Land

Est. Annual Taxes

$9,445

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Corporation
  • Property Sub Type: Commercial
  • Horses: No
  • Lot Size Acres: 1
  • Lot Size: 69x106
  • New Construction: No
  • Road Frontage Type: Legal Access Road
  • Structure Type: Commercial
  • Subdivision Name: Gray Park
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment, Urban Commercial

Exterior Features

  • Lot Features: City Location, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Gray Park

Utilities

  • Sewer: None
  • Water Source: Other
  • Utilities: Other Utilities Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-40-01-010-0360
  • Current Use: Unimproved Business/Commercial
  • Lot Size Sq Ft: 8050
  • Zoning: C-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 9445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2016
Closed on
May 20, 2016
Sold by
L R Entperprises Usa Inc
Bought by
Ananda Entities Llc
Seller's Agent
Ana Londono
Eagle Realty of South Florida
Buyer's Agent
Ana Londono
Eagle Realty of South Florida
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Current Estimated Value
$1,620,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$900,311
Avg. Annual Appreciation
8.78%

Purchase Details

Closed on
Oct 13, 2011
Sold by
On Joe Mon and Mon On Joe
Bought by
Lr Enterprises Usa Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,132
Interest Rate
4.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 10, 2011
Sold by
American Svc Trading Inc
Bought by
Mee On Joe Mon and Mee On Toy

Purchase Details

Closed on
Nov 5, 2004
Sold by
Mon On Joe and Mee On Toy
Bought by
American Service Trading Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ananda Entities Llc $720,000 Appletower Title & Escrow Ll
Lr Enterprises Usa Inc $410,200 Attorney
Mee On Joe Mon $200 None Available
American Service Trading Inc $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lr Enterprises Usa Inc $210,132
Previous Owner American Service Trading Inc $365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $720,000 -4.0% --
05/01/2016 05/01/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $750,000 -- --
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 $16,652 $906,865 -- --
2024 $15,748 $824,423 -- --
2023 $15,748 $749,476 $0 $0
2022 $14,831 $681,342 $0 $0
2021 $14,569 $660,000 $0 $0
2020 $15,720 $738,082 $563,500 $174,582
2019 $15,598 $730,718 $563,500 $167,218
2018 $15,100 $731,343 $563,500 $167,843
2017 $13,789 $615,000 $0 $0
2016 $9,754 $446,898 $0 $0
2015 $9,445 $415,233 $0 $0
2014 $8,561 $377,485 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10030330

MIAMI REALTORS® MLS

APN: 01-4001-010-0360