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143 Southwest 9th Street

143 Southwest 9th Street, Miami, FL 33130
Commercial in Downtown Miami
2 Units For Sale
Unit for sale at 143 SW 9th St, Miami, FL 33130

$37,750,000

  • Commercial
143 SW 9th St, Miami, FL 33130 Listing by Joel Rodriguez

Unit for sale at 143 SW 9th St, Miami, FL 33130

$37,750,000

  • Commercial
143 SW 9th St, Miami, FL 33130 Listing by Joel Rodriguez

Local assessors in Miami, FL have categorized 143 Southwest 9th Street as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 30,000 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 2,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 39 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 39 full bathrooms. There are also 39 partial bathrooms. This is a 5 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 143 Southwest 9th Street has a total of 31,750 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Lots of concrete block were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 143 Southwest 9th Street sold most recently in Jul 6, 2022 for a total of $23,500,000. If you work out the math, that's approximately a cost of $740.16 per sqft. Before that, the property was also sold for $14,500,000 in Sep 20, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $354,618 in taxes each year. 143 Southwest 9th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $17,251,000. If we break it down further, the land itself was valued at $17,250,000. Improvements to the property, however, were assessed at a total of $1,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

Building Features

Exterior

Block Exterior

Parking

Assigned Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210210
02/10/2021
Loft
-
-
$21,877,000
bedrooms
Loft
bathrooms
-
-
-
-
Javier Motta
Habitat Realty LLC

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 39
  • Bathroom Count: 39
  • Full Bathrooms: 39
  • Partial Bathrooms: 39
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Floor Count: 5
  • Living Units: 39
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 31,750
  • Gross Building Area: 31,750
  • Building Area: 31,750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 31,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF MIAMI SOUTH
  • Land Acres: 0.689
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: CITY OF MIAMI SOUTH PB B-41 LOTS 14 THRU 17 BLK 57 LOT SIZE 200.000 X 150 OR 17824-2543 1097 1

Ownership

  • Current Owner : MENESSE BRICKELL LLC
  • Previous Owner : BRICKELL CITY VIEW LLC
  • Owner Before Previous Owner: W G R INVESTMENT INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 006603

Zoning

  • Zoning: 6402

Geography

  • Assessors Map Reference: 237
  • District: 01
  • Parcel: 01-0205-070-1130
  • Block: 57
  • Lot: 14-17
  • Meridian: SEC 05 TWN 50S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.7655
  • Longitude: -80.1966

    Address

  • Full Address: 143 Sw 9th St
  • Address - House Number: 143
  • Street Direction: SW
  • Address - Street Name: 9th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C081
  • 4-Digit Zip Code: 3570
  • Zip Code: 33130

Valuation

    Tax

  • Total Area: 30,181
  • Tax Year: 2023
  • Tax Amount: $354,618
  • Tax Rate Code Area: 100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $14,000,000
  • First Open Lien Mortgage Lender: EMERALD CREEK CAPITAL 3 LLC
  • First Open Lien Mortgage Recording Date: Jul 11, 2022
  • First Open Lien Mortgage Loan Amount: $14,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $17,251,000
  • Market Land Value: $17,250,000
  • Market Improvement Value: $1,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,251,000
  • Assessed Land Value: $17,250,000
  • Assessed Improvements Value: $1,000

    Sales

  • Current Sale Contract Date: Jul 06, 2022
  • Current Sale Recording Date: Jul 11, 2022
  • Current Sale Transaction ID: 11892613902
  • Current Sale Price: $23,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 553131
  • Previous Sale Recording Date: Sep 24, 2018
  • Previous Sale Contract Date: Sep 20, 2018
  • Previous Sale Amount: $14,500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMERALD CREEK CAPITAL 3 LLC
  • First Mortgage Transaction Date: Jul 11, 2022
  • First Mortgage Loan Amount: $14,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • Previous Mortgage Transaction Date: Sep 24, 2018
  • Previous Mortgage Loan Amount: $6,750,000
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Downtown Miami



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Frequently Asked Questions

What neighborhood is 143 Southwest 9th Street located in?
The 143 Southwest 9th Street is a commercial located in the neighborhood of Downtown Miami in Downtown Miami, Miami.
How many listings are currently for sale in 143 Southwest 9th Street?
143 Southwest 9th Street has a total of zero units in the building. There are two units for sale right now.
What is the average sales price for listings in 143 Southwest 9th Street?
The average sales price for units in 143 Southwest 9th Street is $37,750,000 currently.

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