$7,250,000
$2M PRICE DROP

Estimated payment $43,790/month

Total Views 3,147
0.89 Acre
$8,136,925 Price per Acre
38,812 Sq Ft Lot

Highlights

  • 0.89 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

Discover a rare gem on Miami's prestigious Biscayne Boulevard – over 38,000 square feet of prime investment land. This trophy location offers limitless possibilities, from commercial ventures to upscale residential developments. With its coveted address and unbeatable visibility, seize the opportunity to shape the future of Miami's skyline and leave an enduring mark on this dynamic city. 5501-5445 Biscayne Blvd is zoned T4-O, Retail, Residential, Short-term rental, office, or other mixed uses in the MIMO District of Miami's Upper East Side.

Listing Agent

Alan Chocron

Compass Florida, LLC License #3308144

Compass Florida, LLC

Co-Listing Agent

Sadia Chocron

Optimar International Realty License #0698673

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $39,889

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 360x170
  • Corner Lot
  • Oversized Lot
  • Additional Parcels
  • Property is zoned 4801

Additional Features

  • City Lot
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Bayshore Plaza Condos
  • Bayshore Plaza Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-028-0010

Property Details

Property Type

Land

Est. Annual Taxes

$39,889

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Co List Office Mls Id: OPTI01
  • Co List Office Phone: 305-947-0477
  • Horses: No
  • Lot Size Acres: 0.891
  • Lot Size: 360x170
  • New Construction: No
  • Road Frontage Type: Public Road
  • Subdivision Name: BAYSHORE PLAZA
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other Plan Use, Urban Commercial

Exterior Features

  • Lot Features: City Location, Corner Location, Other Location, Less Than 1 Acre, Oversized Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAYSHORE PLAZA

Utilities

  • Sewer: None
  • Water Source: Municipal Water
  • Utilities: No Utilities, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-18-028-0010
  • Additional Parcels: Yes
  • Current Use: Unimproved Business/Commercial, Unimproved Hotel/Motel, Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 38800
  • Zoning: 4801
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 39889

Map

Range of Values:

Collateral Analytics

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ICE

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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

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 $39,889 $1,996,500 -- --
2023 $39,889 $1,815,000 $0 $0
2022 $34,015 $1,650,000 $1,650,000 $0
2021 $35,057 $1,650,000 $1,650,000 $0
2020 $35,142 $1,650,000 $1,650,000 $0
2019 $35,222 $1,650,000 $1,650,000 $0
2018 $0 $1,650,000 $1,650,000 $0
2017 $34,954 $1,540,000 $0 $0
2016 $36,012 $1,650,000 $0 $0
2015 $15,520 $585,640 $0 $0
2014 $15,520 $532,400 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Price Changed $7,250,000 -14.7% --
06/06/2024 06/06/24 Price Changed $8,500,000 -10.5% --
05/13/2024 05/13/24 For Sale $9,500,000 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Warranty Deed $1,200,000 Attorney
Warranty Deed $1,200,000 Attorney
Warranty Deed $1,000,000 Attorney
Deed $100 --
Warranty Deed $1,368,800 --
Deed $280,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 No Value Available
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11585333

MIAMI REALTORS® MLS

APN: 01-3218-028-0010