$1,050,000
SOLD MAR 13, 2025
-- Bed
-- Bath
2,058 Sq Ft
0.26 Acres

Recently Sold

$510 Per Sq Ft

36% Below List Price

293 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 3-minute walk to Coral Way Community Center Playground
  • Tile Flooring
  • 1-Story Property

About This Home

As of March 2025

Discover this 11,250 sq.ft lot, perfect 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

Co-Listed By

Ashley Alvarez

Sterling One Realty, Inc. License #3307694

Last Buyer's Agent

Miriam Ruiz

Great Properties International LLC License #3255673

Great Properties International LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,561

Year Built

  • Built in 1952

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,058 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

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

Home Type

Multi-Family

Est. Annual Taxes

$6,561

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: STRL01
  • Co List Office Phone: 305-285-2322
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: LAWRENCE EST LAND COS SUB
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2058
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE EST LAND COS SUB
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-11-001-1580
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6561

Map

Range of Values:

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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 -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% --
07/12/2024 07/12/24 Price Changed $1,400,000 0.0% --
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% --
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
Closed $510,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11591856

MIAMI REALTORS® MLS

APN: 01-4111-001-1580