728 NW 47th Terrace Miami, FL 33127
Liberty City Neighborhood
0.11
Acre
$2,045,455
Price per Acre
5,000
Sq Ft Lot
Highlights
- Corner Lot
- Landscaped with Trees
- 2-minute walk to Miller J. Dawkins Mini Park
- No HOA
- Fenced
About This Lot
As of March 2025THE LOT IS LOCATED NEXT TO THE ADDRESS LISTED. PLEASE LOOK UP THE FOLIO # 01-31-24-001-2480 Unveil the urban allure of this exceptional location, situated in an up-and-coming neighborhood! Just a stone's throw away from Downtown Miami, Wynwood, The Design District, Midtown, and I-95, this property presents a prime opportunity for developers to capitalize on the burgeoning market. With promising comparables in the vicinity, developers have the potential to construct a bespoke residence and yield substantial returns. Ideally located a mile from the Civic Center metro station and the Health District, this vacant land awaits an investor seeking significant financial prospects.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,808
Year Built
- 1926
Lot Details
- 5,000 Sq Ft Lot
- North Facing Home
- Fenced
- Corner Lot
- Landscaped with Trees
- Property is zoned 0100
Location
- City Lot
Community Details
- No Home Owners Association
- Bay Vista Park Amd Condos
- Bay Vista Park Amd Subdivision
Listing and Financial Details
- Tax Lot 5,000
- Assessor Parcel Number 01-31-24-001-2480
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $225,000 | -15.1% | $105 / Sq Ft |
| 02/06/2025 02/06/25 | For Sale | $265,000 | -- | $123 / 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 | $7,792 | $99,215 | -- | -- |
| 2023 | $7,792 | $360,558 | $280,308 | $80,250 |
| 2022 | $7,181 | $329,911 | $249,636 | $80,275 |
| 2021 | $6,174 | $261,739 | $0 | $0 |
| 2020 | $5,448 | $237,945 | $157,620 | $80,325 |
| 2019 | $4,493 | $230,301 | $149,952 | $80,349 |
| 2018 | $4,175 | $230,326 | $149,952 | $80,374 |
| 2017 | $3,504 | $143,573 | $0 | $0 |
| 2016 | $3,229 | $130,521 | $0 | $0 |
| 2015 | $1,252 | $80,675 | $0 | $0 |
| 2014 | $1,261 | $80,035 | $0 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $244,000 | Purchase Money Mortgage | |
| Previous Owner | $262,500 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | Attorney | |
| Trustee Deed | $179,100 | None Available |
Source: Public Records
Similar Properties in Miami, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11739947
APN: 01-3124-001-2490
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