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500 South Pointe Drive

500 South Pointe Drive, Miami Beach, FL 33139
500 South Pointe Drive in Miami Beach, FL was first built in 2001 and is 23 years old. This has been categorized as a commercial property type. It is a single story home. 500 South Pointe Drive has 30,016 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 17,511 square feet.

Learn more about the property and building on this page. The home has a prestress concrete style roof made of tile. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The exterior walls of the home are made of concrete block. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Jan 15, 2015 for $18,180,000. That's $605.68 per sqft. Prior to that sales transaction, the property was also sold in Dec 13, 2006 for $5,812,500. 500 South Pointe Drive was last assessed in 2023. The total value of the property was assessed at $11,939,202. Specifically, the land the property is located on was valued at $7,354,620. While improvements on the property were assessed at a total of $4,584,582. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $249,516. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220216
02/16/2022
Loft
-
30016 ft²
$150,000
bedrooms
Loft
bathrooms
-
square feet
30016 ft²
-
-
-
Claudia Lorenzi
Orange Realty Miami

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Prestress concrete
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Business/Commerical Units Count: 120
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,511
  • Total Building Area: 30,016
  • Gross Building Area: 30,016
  • Building Area: 30,016
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 30,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: SOUTH BEACH PARK
  • Land Acres: 0.402
  • Standard Land Use Code: Store (multi-story)
  • County Land Use Code: Fraternity or sorority house
  • State Land Use Code: Pipeline or right-of-way
  • Legal Description 1: 10 54 42 BEG 6.16FT SLY OF SE COR OF WASHINGTON AVE & BISCAYNE ST TH N 87 DEG E 291.65FT S 10 DEG W 63.11FT N 79 DEG W 6.4FT S 87 DEG W 283.58FT N 10 DEG E 1.75FT S 87 DEG W 1.5FTN 10 DEG E 59.90FT TO POB LOT SIZE 17511 SQ FT OR 18975-4730 012000 1 C

Ownership

  • Current Owner : 500 SOUTH POINTE INVESTMENTS LLC
  • Previous Owner : DG SOUTH POINTE SHOPS LLC
  • Owner Before Previous Owner: MARQUESA INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004500

Zoning

  • Zoning: 6504

Geography

  • Assessors Map Reference: 265
  • District: 02
  • Parcel: 02-4210-000-0060
  • Lot: 1504
  • Meridian: SEC 10 TWN 54S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7681
  • Longitude: -80.1349

    Address

  • Full Address: 500 S Pointe Dr
  • Address - House Number: 500
  • Street Direction: S
  • Address - Street Name: Pointe
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 7302
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 30,016
  • Tax Year: 2023
  • Tax Amount: $249,516
  • Tax Rate Code Area: 200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $9,000,000
  • First Open Lien Mortgage Lender: BANKUNITED NA
  • First Open Lien Mortgage Recording Date: Jul 06, 2015
  • First Open Lien Mortgage Loan Amount: $9,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $11,939,202
  • Market Land Value: $7,354,620
  • Market Improvement Value: $4,584,582

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,939,202
  • Assessed Land Value: $7,354,620
  • Assessed Improvements Value: $4,584,582

    Sales

  • Current Sale Contract Date: Jan 15, 2015
  • Current Sale Recording Date: Jan 22, 2015
  • Current Sale Transaction ID: 11458470610
  • Current Sale Price: $18,180,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2015R0041329
  • Previous Sale Recording Date: Dec 15, 2006
  • Previous Sale Contract Date: Dec 13, 2006
  • Previous Sale Amount: $5,812,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DG SOUTH POINTE SHOPS LLC
  • First Mortgage Transaction Date: Jan 22, 2015
  • First Mortgage Loan Amount: $10,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About South Pointe



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Nearby Rentals

Unit for rent at

$900 /mo

  • Studio
Listing by Michael Duris

Frequently Asked Questions

What neighborhood is 500 South Pointe Drive located in?
The 500 South Pointe Drive is a commercial located in the neighborhood of South Pointe Towers Condominiums in South Pointe, Miami Beach.
What is the average sales price for listings in 500 South Pointe Drive?
The average sales price for units in 500 South Pointe Drive is $0 currently.

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