$1,050,000
SOLD MAR 13, 2025
11,250 Acres
$93 Price per Acre
490,050,000 Sq Ft Lot

Recently Sold

$528 Per Sq Ft

36% Below List Price

293 Days on Market

Highlights

  • 11,250 Acre Lot
  • Landscaped with Trees
  • 3-minute walk to Coral Way Community Center Playground
  • No HOA

About This Lot

As of March 2025

Discover this 11,250 sq.ft lot a perfect canvas for your next development project at 1225 SW 11th Ave, Miami, FL. Currently a duplex generating great income, this exceptional lot offers a unique opportunity to build a stunning townhome in one of Miami’s most sought-after locations. Nestled in a vibrant neighborhood, it provides unparalleled convenience to downtown Miami, Brickell, Coral Gables, and Miami Beach, ensuring easy access to dining, shopping, and entertainment options.With proximity to parks, schools, and cultural attractions, this lot is ideal for families and professionals alike.Zoned for residential use, it offers flexibility in design, making it a fantastic investment with potential for significant returns.Don’t miss this rare opportunity to develop in a prime Miami location.

Last Agent to Sell the Property

William Alvarez

Sterling One Realty, Inc. License #3267685

Last Buyer's Agent

Miriam Ruiz

Great Properties International LLC License #3255673

Great Properties International LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,561

Year Built

  • 1952

Lot Details

  • 11,250 Acre Lot
  • West Facing Home
  • Landscaped with Trees
  • Property is zoned 5700

Community Details

  • No Home Owners Association
  • Lawrence Est Land Cos Sub Condos
  • Lawrence Est Land Cos Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-11-001-1580

Property Details

Property Type

Land

Est. Annual Taxes

$6,561

Year Built

1952

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Phone: 305-285-2322
  • Horses: No
  • Lot Size Acres: 11250
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: LAWRENCE EST LAND COS SUB
  • Special Features: VirtualTour
  • Year Built: 1952

Interior Features

  • Possible Use: Primary

Exterior Features

  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot, No Misc/Improvements
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE EST LAND COS SUB

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-11-001-1580
  • Additional Parcels: No
  • Current Use: Zoned Duplex, Other Usage
  • Development Status: Other
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6561

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Sold $1,050,000 0.0% $528 / Sq Ft
03/13/2025 03/13/25 Sold $1,050,000 -16.0% $510 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
03/10/2025 03/10/25 Pending -- -- --
11/07/2024 11/07/24 Price Changed $1,250,000 0.0% $607 / Sq Ft
11/07/2024 11/07/24 Price Changed $1,250,000 -10.7% $628 / Sq Ft
07/12/2024 07/12/24 Price Changed $1,400,000 0.0% $704 / Sq Ft
07/08/2024 07/08/24 Price Changed $1,400,000 -15.2% $680 / Sq Ft
05/21/2024 05/21/24 For Sale $1,650,000 0.0% $829 / Sq Ft
05/21/2024 05/21/24 For Sale $1,650,000 -- $802 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2024 $6,561 $317,437 -- --
2023 $6,561 $293,523 $0 $0
2022 $5,996 $272,287 $0 $0
2021 $5,369 $252,822 $0 $0
2020 $3,313 $330,936 $0 $0
2019 $3,193 $329,094 $0 $0
2018 $2,828 $309,774 $0 $0
2017 $2,529 $192,925 $0 $0
2016 $3,526 $180,804 $0 $0
2015 $3,187 $170,700 $0 $0
2014 $2,135 $161,397 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $945,000 New Conventional
Previous Owner $510,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,050,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11591880

MIAMI REALTORS® MLS

APN: 01-4111-001-1580