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159 NE 64th St, Miami, FL 33138
$1,750,000
159 NE 64th St, Miami, FL 33138View this property at 159 NE 64th St, Miami, FL 33138
159 NE 64th StMiamiFL33138
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Property Description
Opportunity to purchase a prime development lot in a rapidly emerging neighborhood. 159 NE 64 Street is located between the Magic City Innovation District and the red hot Little River market, locations tapped by pioneering investors to undergo a Wynwood like transformation. The lot allows development up to 5 stories and 29 residential units as well as office, hotel, and certain retail uses. The immediate neighborhood has seen the introduction of a variety of neighborhood changing occupants such as trendy entertainment venues, fitness facilities, a local favorite steak house, a popular Padel Ball club, and even a Michelin Star restaurant. This boutique development site offers a developer or investor the chance to bank in on the future appreciation of Miami's fastest growing neighborhood.
Full Property Details
Full Property Details for 159 NE 64th St
General
- Price: $1,750,000
- Taxes: $13,805 (2023)
- Status: Active
- Type: Commercial Land
- MLS ID: A11512067
- Updated: 4/1/2024
- Added to Site: 118 day(s) ago
Location
- Area: Emerald Ct 1st Addn
- County: Miami-Dade County
- Subdivision: EMERALD CT 1ST ADDN
- Building Name: EMERALD CT 1ST ADDN
Community
- Community Name: Emerald Ct 1st Addn
Utilities
- Sewer: None
- Water: Municipal Water
- Utility Description: No Utilities, None
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Business/Commercial
Lot Features
- Lot Size (Acres): 0.44
- Lot Size (Sq. Ft.): 19,158
- Lot Dimensions: 136 x 141
- Frontage Feet: 136
- Lot Features: Central Business District, City Location, Corner Location, Urban Area Development, 1-2.5 Acres
- Potential Use: Central Urban, Urban Commercial
- Zoning: 6107
Financial Considerations
- Tax Amount: $13,805
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Legal Description: EMERALD COURT 1ST ADD LOTS 77 & 78 PER PB 7-85 & LOT 79 & 80 PER PB 48-78 LOT SIZE IRREGULAR OR 20627-0488 0802 4 COC 21609-0051 08 2003 1
- Property ID: 01-31-13-021-0270
Listed by STL Advisors, LLC
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Schools
Schools serving 159 NE 64th St
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
500 Nw 67th St, Miami, FL 33150 | PK-8 | 0.7 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 25.5 mi | |
8950 Nw 2nd Ave, El Portal, FL 33150 | 6-8 | 1.6 mi | |
6161 Nw 5th Ct, Miami, FL 33127 | 9-12 | 0.8 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 20.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 159 NE 64th St
Date
Details
Price
Change
Source
4/01/2024
Price Reduced
$1,750,000
-16.67%
MLS
1/09/2024
Listed
$2,100,000
950%
MLS
7/20/2020
Sold
$200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 159 NE 64th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,805
23%
$957,900
43%
2022
$11,217
20%
$670,530
40%
2021
$9,362
50%
$478,950
94%
2019
$6,243
32%
$246,831
10%
2018
$4,737
5%
$224,392
-2%
2017
$4,503
10%
$229,896
24%
2016
$4,092
4%
$185,449
10%
2015
$3,924
13%
$168,590
10%
2014
$3,476
77%
$153,264
205%
2013
$1,961
—
$50,328
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 159 NE 64th St
159 NE 64th St, Miami, FL 33138 (MLS# A11512067) is a Commercial Land property with a lot size of 0.44 acres. 159 NE 64th St is currently listed for $1,750,000 and was received on January 09, 2024. Want to learn more about 159 NE 64th St? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.