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5101 Biscayne Boulevard

5101 Biscayne Boulevard, Miami, FL 33137
Property in Bayshore Plaza
1 Units For Sale
Unit for sale at 5101 Biscayne Blvd, Miami, FL 33137

$6,300,000

  • Commercial
5101 Biscayne Blvd, Miami, FL 33137 Listing by Alfredo Riascos

Local assessors in Miami, FL have categorized 5101 Biscayne Boulevard as a commercial type of property. The home was built in 1952 and is 72 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 14,580 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 1,080 ft. 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, 18 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 18 full bathrooms. There are also 18 partial bathrooms. This is a 2 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 5101 Biscayne Boulevard has a total of 6,345 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. The property was last sold in Jun 9, 2016 for $4,050,000. That's $638.30 per sqft. Prior to that sales transaction, the property was also sold in Nov 12, 2013 for $2,100,000. 5101 Biscayne Boulevard was last assessed in 2023. The total value of the property was assessed at $1,461,861. Specifically, the land the property is located on was valued at $1,458,000. While improvements on the property were assessed at a total of $3,861. 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 $30,051. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230525
05/25/2023
Loft
-
-
$6,300,000
bedrooms
Loft
bathrooms
-
-
-
-
Alfredo Riascos
Gridline Properties

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 18
  • Bathroom Count: 18
  • Full Bathrooms: 18
  • Partial Bathrooms: 18
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 18
  • Business/Commerical Units Count: 18
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,580
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 6,345
  • Gross Building Area: 6,345
  • Building Area: 6,345
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,345
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: BAYSHORE PLAZA UNIT NO 4
  • Land Acres: 0.335
  • Standard Land Use Code: Motel
  • Legal Description 1: 19 53 42 BAYSHORE PLAZA UNIT NO 4 PB 42-2 LOT 17 BLK 5 LOT SIZE 108.000 X 135 OR 18269-4756/18430-3502 0998 3

Ownership

  • Current Owner : 5101 RE CO LLC
  • Previous Owner : BAYSIDE 5101 LLC
  • Owner Before Previous Owner: CHETBRO INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Apr 04, 2024

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002100

Zoning

  • Zoning: 4801

Geography

  • Assessors Map Reference: 175
  • District: 01
  • Parcel: 01-3219-018-0070
  • Block: 5
  • Lot: 17
  • Meridian: SEC 19 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8232
  • Longitude: -80.1867

    Address

  • Full Address: 5101 Biscayne Blvd
  • Legal Unit: 4
  • Address - House Number: 5101
  • Address - Street Name: Biscayne
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Miami
  • Carrier Code: C066
  • 4-Digit Zip Code: 3219
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 6,345
  • Tax Year: 2023
  • Tax Amount: $30,051
  • Tax Rate Code Area: 100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,800,000
  • First Open Lien Mortgage Lender: JDV BAYSIDE LLC
  • First Open Lien Mortgage Recording Date: Nov 14, 2013
  • First Open Lien Mortgage Loan Amount: $1,800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $1,461,861
  • Market Land Value: $1,458,000
  • Market Improvement Value: $3,861

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,461,861
  • Assessed Land Value: $1,458,000
  • Assessed Improvements Value: $3,861

    Sales

  • Current Sale Contract Date: Jun 09, 2016
  • Current Sale Recording Date: Jun 20, 2016
  • Current Sale Transaction ID: 1627568448
  • Current Sale Price: $4,050,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2016R0356402
  • Previous Sale Recording Date: Nov 14, 2013
  • Previous Sale Contract Date: Nov 12, 2013
  • Previous Sale Amount: $2,100,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: JDV BAYSIDE LLC
  • Previous Mortgage Transaction Date: Nov 14, 2013
  • Previous Mortgage Loan Amount: $1,800,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 5101 Biscayne Boulevard located in?
The 5101 Biscayne Boulevard is a located in the neighborhood of Bayshore Plaza in Northern Miami, Miami.
How many listings are currently for sale in 5101 Biscayne Boulevard?
There is one unit for sale right now.
What is the average sales price for listings in 5101 Biscayne Boulevard?
The average sales price for units in 5101 Biscayne Boulevard is $6,300,000 currently.

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