by RH Advisors

Check Availability
$1,990,000
Land - For Sale

1646 S Bayshore Dr

Miami, FL 33133
bedrooms
Studio
bathrooms
0 Bath
$11,859
Estimated Monthly
$0
HOA / Fees
-0.47%
Cap Rate

About This Property

Calling all new construction developers or end users. The ideal lot to maximize gains or build the most equity, this elevated 3 sided lot on prestigious South Bayshore Drive in North East Coconut Grove. Lot is unique being the only lot that is 3 sided and is elevated 8 feet allowing for a partial water view from a rooftop balcony. Lot is in flood zone X allowing for 3 story home with less lot coverage than a comparably sized 2 story. New construction in the area starts at $1800 psf. New construction in flood zone X is subject to extremely low cost flood insurance. Ideal location; walking distance to Kennedy Park and Ransom Everglades Middle School.
Unit Size
-
Days on Market
25 days
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2,087
HOA Dues
-
Year Built
1973
Listed By
Barbara Elmir
One Sotheby's International Realty
Last updated: 24 days ago (Miami MLS #A11560691)

Price History

Date / Event Date Event Price
Apr 2, 2024 Listed by One Sothebys International Realty $1,990,000
Listed by One Sothebys International Realty
Calling all new construction developers or end users. The ideal lot to maximize gains or build the most equity, this elevated 3 sided lot on prestigious South Bayshore Drive in North East Coconut Grove. Lot is unique being the only lot that is 3 sided and is elevated 8 feet allowing for a partial water view from a rooftop balcony. Lot is in flood zone X allowing for 3 story home with less lot coverage than a comparably sized 2 story. New construction in the area starts at $1800 psf. New…
Apr 2, 2024 No longer available -
No longer available
Mar 4, 2024 Listed by One Sotheby's International Realty $2,250,000
Listed by One Sotheby's International Realty
Exciting opportunity awaits on the prestigious South Bayshore Dr. in prime North Coconut Grove! This expansive vacant Island lot spans over 8,500 square feet, boasting a unique three-sided corner position with no neighboring properties. Build a beautiful home with a rooftop terrace, perfect for enjoying the stunning Miami sunset and offering a glimpse of the water. This is your chance to craft a luxurious retreat that embraces the vibrant energy of South Florida living. Just minutes away…
Oct 16, 2021 No longer available -
No longer available
Dec 13, 2020 Listed by Berkshire Hathaway HomeServices Florida Realty $1,250,000
Listed by Berkshire Hathaway HomeServices Florida Realty
Prime North Coconut Grove single family development opportunity on iconic South Bayshore Dr. Over 8500 square foot situated on three sided corner lot. Just south of historic Coconut Grove which is currently going through gentrification with spectacular shops and dining opening soon. Less than 1.5 miles to Dinner Key Marina, a short 10 minute drive to downtown Miami. Close proximity to Coral Reef Yacht Club, Coconut Sailing Club and lots of parks. Farivew Dr. Flood mitigation has just been…

Property Highlights

Exterior Details

Building Information

Building Name: FAIRVIEW
Other Structures: None
Building Area Units: Square Feet

Lot Information

Lot Features: Build To Suit
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 8545
Financial Details
Tax Legal Description: FAIRVIEW PB 4-176 LOT 6 BLK 1 LOT SIZE 68.360 X 125 OR 11594-1287 1082 6
Tax Annual Amount: $25,048
Tax Year: 2023
Parcel Number: 01-41-14-001-0040
Property is Zoned: 0100

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,545
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 684
  • Total Building Area: 4,466
  • Gross Building Area: 4,466
  • Building Area: 2,706
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,706
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: FAIRVIEW
  • Land Acres: 0.196
  • Legal Description 1: FAIRVIEW PB 4-176 LOT 6 BLK 1 LOT SIZE 68.360 X 125 OR 11594-1287 1082 6

Ownership

  • Current Owner : BAYSHORE AND FAIRVIEW LLC
  • Previous Owner : GROSSMAN MICHAEL S
  • Previous Owner 2: GROSSMAN MICHAEL S
  • 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: 006802

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 250
  • District: 01
  • Parcel: 01-4114-001-0040
  • Block: 1
  • Lot: 6
  • Meridian: SEC 14 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7406
  • Longitude: -80.22

    Address

  • Full Address: 1646 S Bayshore Dr
  • Address - House Number: 1646
  • Street Direction: S
  • Address - Street Name: Bayshore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami
  • Carrier Code: C023
  • 4-Digit Zip Code: 4211
  • Zip Code: 33133

Valuation

    Tax

  • Total Area: 2,815
  • Tax Year: 2023
  • Tax Amount: $25,048
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 2,133,727
  • High Value: 2,334,159
  • Low Value: 1,933,295

    Market Valuation

  • Market Total Value: $1,543,955
  • Market Land Value: $1,367,200
  • Market Improvement Value: $176,755

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,061,198

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Transaction ID: 11875452526
  • Current Sale Price: $1,125,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2021R0918258

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
-
3,704 ft²
$405/ft²
$1,500,000 Jun 12, 2023
$1,500,000 Nov 8, 2023
$1,110/mo
House
4 Beds
3 Baths
2,256 ft²
$887/ft²
$2,000,000 Aug 26, 2023
$2,000,000 Feb 28, 2024
$1,725/mo
House
3 Beds
3 Baths
1,400 ft²
$1,239/ft²
$1,735,000 Mar 11, 2023
$1,735,000 Nov 20, 2023
$1,903/mo
House
3 Beds
4 Baths
2,298 ft²
$777/ft²
$1,785,000 Oct 5, 2023
$1,785,000 Dec 18, 2023
$1,142/mo
House
4 Beds
3 Baths
2,092 ft²
$1,004/ft²
$2,100,000 Mar 12, 2024
$2,100,000 Mar 29, 2024
$693/mo
Condo
3 Beds
2 Baths
2,398 ft²
$813/ft²
$1,949,000 Sep 18, 2023
$1,949,000 Oct 31, 2023
$1,331/mo
Land
Loft
-
-
$2,300,000 May 1, 2023
-
$1,248/mo
Other
Loft
-
2,752 ft²
$727/ft²
$2,000,000 Oct 25, 2023
-
$1,272/mo
Other
Loft
-
3,066 ft²
$554/ft²
$1,700,000 Apr 5, 2023
-
$1,009/mo
House
4 Beds
4 Baths
2,224 ft²
$877/ft²
$1,950,000 Sep 12, 2023
-
$1,026/mo
House
3 Beds
2 Baths
1,692 ft²
$1,241/ft²
$2,099,000 Dec 1, 2023
-
$827/mo
House
3 Beds
2 Baths
1,646 ft²
$1,275/ft²
$2,099,000 Dec 7, 2023
-
$1,113/mo

About Northeast Coconut Grove


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Frequently Asked Questions

When was property at 1646 South Bayshore Drive built and last sold?
The property at 1646 South Bayshore Drive was built in 1973 and last sold on Nov 23, 2021 for $1,125,000.
How much is this home worth?
The estimated value of the home located at 1646 South Bayshore Drive is $2,009,900.
What are some comparable homes to 1646 South Bayshore Drive?
Homes that are comparable to 1646 South Bayshore Drive include a land property at 3141 Jefferson Street, a other property at 2655 Southwest 24th Avenue, a house property at 2298 Southwest 16th Avenue.

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