by RH Advisors

Check Availability
$399,000
↓ $100K (20%)
Land - For Sale

7831 NW Miami Pl

Miami, FL 33150
bedrooms
Studio
bathrooms
0 Bath
$2,387
Estimated Monthly
$0
HOA / Fees
2.85%
Cap Rate

About This Property

Welcome to this expansive 3,708 square foot vacant lot, offering endless possibilities. Situated within the T6-8-O zoning, it permits a variety of potential uses including lodging, office space, multifamily residences, entertainment venues, or food establishments. Notably, this lot falls within the opportunity zone, presenting advantageous investment potential. Furthermore, the absence of parking requirements adds to the appeal. With zoning density allowing for up to 12 units, this property presents a remarkable opportunity for development in a thriving area.
Unit Size
-
Days on Market
50 days
Land Size
0.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$427
HOA Dues
-
Year Built
1926
Listed By
Triin Hawkins
Calibre International Realty
Last updated: 2 months ago (Miami MLS #A11544251)

Price History

Date / Event Date Event Price
Mar 25, 2024 Price Decreased $399,000
↓ $100K (20%)
Price Decreased
Mar 8, 2024 Listed by The Agency Florida LLC $499,000
Listed by The Agency Florida LLC
Feb 1, 2024 No longer available -
No longer available
Jan 14, 2024 Price Decreased $300,000
↓ $49K (14%)
Price Decreased
Dec 19, 2023 Price Increased $349,000
↑ $49K (16.3%)
Price Increased
Show More

Property Highlights

Exterior Details

Building Information

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

Lot Information

Lot Features: Less Than 1/4 Acre Lot, Cleared
Lot Size Units: Square Feet
Lot Size Acres: 0.085
Lot Size Square Feet: 3708
Financial Details
Tax Legal Description: CROUSES RESUB PB 21-40 N6FT OF LOT 10 & LOT 11 LOT SIZE 51.500 X 72 OR 15119-559 0791 4
Tax Annual Amount: $5,124
Tax Year: 2023
Parcel Number: 01-31-12-057-0070
Property is Zoned: 6100

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,708
  • Lot Size Depth Feet: 720
  • Lot Size Frontage Feet: 515
  • Total Building Area: 668
  • Gross Building Area: 668
  • Building Area: 640
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 640
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: CROUSES RESUB
  • Land Acres: 0.085
  • Legal Description 1: CROUSES RESUB PB 21-40 N6FT OF LOT 10 & LOT 11 LOT SIZE 51.500 X 72 OR 15119-559 0791 4

Ownership

  • Current Owner : KO-MUNA 55TER LLC
  • Previous Owner : SBHEA LLC
  • Owner Before Previous Owner: 5814 RE VENTURE LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: unknown
  • Vacant Flag Date: Apr 04, 2024

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 001401

Zoning

  • Zoning: 6100

Geography

  • Assessors Map Reference: 139
  • District: 01
  • Parcel: 01-3112-057-0070
  • Lot: 10,11
  • Meridian: SEC 12 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8469
  • Longitude: -80.1983

    Address

  • Full Address: 7831 Nw Miami Pl
  • Address - House Number: 7831
  • Street Direction: NW
  • Address - Street Name: Miami
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Miami
  • Carrier Code: C051
  • 4-Digit Zip Code: 3023
  • Zip Code: 33150

Valuation

    Tax

  • Total Area: 635
  • Tax Year: 2023
  • Tax Amount: $5,124
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 386,658
  • High Value: 422,979
  • Low Value: 350,337

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: MATHON INVESTMENTS CORPORATION
  • First Open Lien Mortgage Recording Date: Oct 26, 2023
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Market Valuation

  • Market Total Value: $300,883
  • Market Land Value: $259,560
  • Market Improvement Value: $41,323

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,881

    Sales

  • Current Sale Contract Date: Sep 20, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Transaction ID: 11914349635
  • Current Sale Price: $167,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 704592
  • Previous Sale Recording Date: May 25, 2016
  • Previous Sale Contract Date: May 20, 2016
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
2,758 ft²
$136/ft²
$375,000 Jun 2, 2023
$375,000 Nov 30, 2023
$876/mo
Multifamily
Stu
-
1,202 ft²
$395/ft²
$475,000 Sep 25, 2023
$475,000 Nov 2, 2023
$474/mo
Multifamily
Stu
-
1,416 ft²
$258/ft²
$365,000 Sep 15, 2023
$365,000 Feb 14, 2024
$298/mo
Multifamily
Stu
-
1,574 ft²
$326/ft²
$513,500 Jan 8, 2024
$513,500 Feb 6, 2024
$349/mo
Multifamily
Stu
-
2,804 ft²
$200/ft²
$560,000 Jul 30, 2023
$560,000 Nov 20, 2023
$326/mo
Multifamily
Stu
-
1,576 ft²
$251/ft²
$395,000 Sep 14, 2023
$395,000 Dec 29, 2023
$518/mo
Other
Loft
-
-
$495,000 Dec 5, 2023
-
$215/mo
Other
Loft
-
-
$489,000 Nov 27, 2023
-
$427/mo
Other
Loft
-
-
$480,000 Feb 5, 2024
-
$433/mo
Other
Loft
-
-
$529,999 Feb 10, 2024
-
$81/mo
Other
Loft
-
-
$450,000 Mar 5, 2024
-
-
Other
Loft
-
-
$558,000 Nov 14, 2023
-
$519/mo

About Northern Miami


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Frequently Asked Questions

When was property at 7831 Northwest Miami Place built and last sold?
The property at 7831 Northwest Miami Place was built in 1926 and last sold on Sep 20, 2023 for $167,000.
How much is this home worth?
The estimated value of the home located at 7831 Northwest Miami Place is $503,990.
What are some comparable homes to 7831 Northwest Miami Place?
Homes that are comparable to 7831 Northwest Miami Place include a other property at 94 Northwest 74th Street, 37 Northwest 76th Street, 752 Northwest 81st Street.

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