2821 SW 27th Terrace Miami, FL 33133
Northeast Coconut Grove NeighborhoodEstimated payment $19,791/month
Total Views
1,587
0.23
Acre
$14,808,362
Price per Acre
10,000
Sq Ft Lot
Highlights
- No HOA
- 2-minute walk to Coconut Grove
- Landscaped with Trees
- Coral Gables Senior High School Rated A-
About This Lot
The offering is comprised of (2) contiguous investment properties totaling +/-10,000 feet of land. The lot(s) assemblage allows (73) units via Live Local on (8) floors eliminating parking. This development could deliver the Highest & Best Use as a boutique condo building or a more traditional rental building. The lots benefit from favorable T5-O zoning. The property sits in the TOD (transit orient development boundary) allowing for even greater density and intensity and a complete elimination of parking requirements. The property abuts the underline directly to the South. In our analysis, the highest and best use is as redevelopment for a mixed-use project with up to 100 units.
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,771
Year Built
- 1953
Lot Details
- 10,000 Sq Ft Lot
- Lot Dimensions are 97x105
- Landscaped with Trees
- Additional Parcels
- Property is zoned 6101
Additional Features
- City Lot
- Cable TV Available
Community Details
- No Home Owners Association
- Com Silver Bluff Condos
- Com Silver Bluff Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-41-16-035-0240
Map
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Home Values in the Area
Average Home Value in this Area
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 | $8,539 | $412,396 | -- | -- |
| 2023 | $8,539 | $376,929 | $0 | $0 |
| 2022 | $8,081 | $342,663 | $0 | $0 |
| 2021 | $7,629 | $311,512 | $0 | $0 |
| 2020 | $7,356 | $362,412 | $300,000 | $62,412 |
| 2019 | $6,471 | $287,532 | $225,000 | $62,532 |
| 2018 | $6,023 | $287,650 | $225,000 | $62,650 |
| 2017 | $5,267 | $212,769 | $0 | $0 |
| 2016 | $5,406 | $212,889 | $0 | $0 |
| 2015 | $5,487 | $212,590 | $0 | $0 |
| 2014 | $3,781 | $96,030 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | For Sale | $3,400,000 | 0.0% | -- |
| 03/24/2025 03/24/25 | For Sale | $3,400,000 | -- | -- |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $115,000 | Peninsula Title Corp | |
| Warranty Deed | $445,000 | Titlemax Corp | |
| Special Warranty Deed | $142,000 | -- | |
| Deed | -- | -- | |
| Warranty Deed | $153,000 | -- | |
| Warranty Deed | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,350,000 | Construction | |
| Closed | $2,350,000 | Construction | |
| Previous Owner | $400,500 | Unknown | |
| Previous Owner | $137,000 | New Conventional | |
| Previous Owner | $70,000 | New Conventional |
Source: Public Records
Similar Properties in the area
Source: MIAMI REALTORS® MLS
MLS Number: A11777428
APN: 01-4116-035-0240
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