$4,850,000
$940K PRICE DROP

Estimated payment $27,928/month

Total Views 2,786
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • No HOA
  • 1-minute walk to Spring Garden Point Park

About This Home

Seller Financing Available for Miami, FL development site, Vacant Land, Develop 91 Apts & One Retail Bay one to three blocks to Publix, Target, Aldi, Starbucks & many quick service eateries in Downtown Miami. Develop by-right via Live Local Act allowing for 100% parking reduction. Site In a Transit Oriented Development (“TOD”) & Opportunity Zoned (“OZ”). Near hot spots Kaseya Center, Frost Museum, PAMM, E11even, Club Space as well as dining at Habibi | Moroccan, SeaSpice, Casablanca, Kiki’s & Garcias on the River, & the future Riverside Wharf. Seller open to negotiating a seller’s note for 50% of purchase price at 6.5% simple annual interest paid monthly for the sooner of 24 months or pay-off at construction loan.

Listing Agent

Brian Carter, MBA, CCIM

Douglas Elliman License #3022095

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,904

Lot Details

  • 9,769 Sq Ft Lot
  • Lot Dimensions are 83.81x138
  • Corner Lot
  • Additional Parcels

Home Design

Location

  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cutler & Frissell Sub Condos
  • Cutler & Frissell Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-01-05-040-2010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,904

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Partnership
  • Property Sub Type: Income/MultiFamily
  • Directions: Please see attached Offering Memorandum ("OM") for details
  • Horses: No
  • Lot Size Acres: 0.22
  • Lot Size: 83.81x138
  • New Construction: No
  • Road Frontage Type: Legal Access Road, City/County Maintained, Public Road
  • Road Surface Type: Paved
  • Subdivision Name: CUTLER & FRISSELL SUB
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Central Urban, Urban Commercial

Exterior Features

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

Garage/Parking

  • Park Building Name: CUTLER & FRISSELL SUB

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: No Utilities, Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-01-05-040-2010
  • Additional Parcels: Yes
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 9769
  • Zoning: 6106
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10904

Map

Range of Values:

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Average Value
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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

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 $10,904 $530,420 $530,420 --
2023 $10,904 $530,420 $530,420 $0
2022 $5,666 $256,722 $0 $0
2021 $5,351 $233,384 $0 $0
2020 $5,069 $289,320 $289,320 $0
2019 $4,117 $192,880 $192,880 $0
2018 $2,961 $168,770 $168,770 $0
2017 $2,836 $116,692 $0 $0
2016 $2,421 $106,084 $0 $0
2015 $2,144 $96,440 $0 $0
2014 $1,503 $57,761 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Price Changed $4,850,000 -16.2% --
10/29/2024 10/29/24 For Sale $5,790,000 +345.4% --
05/06/2022 05/06/22 Sold $1,300,000 0.0% --
11/27/2021 11/27/21 For Sale $1,300,000 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $1,250,000 --
Special Warranty Deed $525,000 Attorney
Warranty Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $10,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $625,000 Construction
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11684468

MIAMI REALTORS® MLS

APN: 01-0105-040-2010