Home » Miami » 120 NE 25th St, Miami, FL 33137 | A11667451

For Sale 120 NE 25th St, Miami, FL 33137

$3,000,000
Price has decreased by $500,000

Property Highlights

Listing ID A11667451 Status of this Listing: Active For Sale Property Type Residential Single Family House 4 Bedrooms 4 Bathrooms Total 3 Full Bath 1 Half Bath Living Space 2,687 Sqft/249.63 m2 approx. Building Area 2,687 Sqft/249.63 m2 approx. Lot area 7,025 Sqft/652.64 m2 approx. Year Built 1920 Time of this property on Rebonus 64 Day(s)

120 NE 25th St, Miami, FL 33137

Property Description: The best of both worlds - a premier development opportunity in the epicenter of Miami 's best areas, perfect for immediate development or an investor to occupy or carry via tenancy. This 7,668 ft lot has T-6-O zoning with a further density upside via TOD zone and Live Local variances, and will one day certainly be home to a tower or high density site. The price per foot on this street is set to skyrocket, with Miami 's prestigious new Soho House location just over 100 ft away on this low-traffic cul-de-sac. The entire block has been recently approved by city council for up-zoning. Buy to build or buy to hold, as it is currently home to a luxury 3-bedrooms and 2.5 luxurious baths main house and 1/1 guest house. Don’t miss this chance to lock in your piece of the future Miami skyline!

Useful Info

Previous Asking Price:$3,500,000
Original List Price:$3,500,000

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Unknown
Architectural
Style:
  • Detached
  • One Story
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:1

Property Features

View from the Property:
  • Other
Waterfront:No
Appliances:
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Living/dining Room
  • First Floor Entry
  • Bedroom On Main Level
Exterior Features:
  • Patio
  • Other
Patio and Porch Features:
  • Patio
Roof:
  • Other
Other Structures:
  • Guest House
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • Northeast

Taxes and Expenses

Tax Annual Amount:$31,829

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:PARK PLACE
Community Features:
  • Other
Senior Community:No
Restrictions:Ok To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Driveway
  • Other

Utilities

Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Tax InformationTax Reflects City & County Tax
Housing Older Persons ActNo HOPA
Flood ZoneX
Type of AssociationNone
Rooms DescriptionDen/Library/Office,Guest House
StyleR30-No Pool/No Water
FEMA Flood Zone DesignationsX
Municipal Code1
Ref1089639481
Subdivision Number9

Zoning and Legal

Tax Legal Description:PARK PLACE PB 2-30 LOT 9 BLK 2 & N1/2 OF ALLEY LYG S & ADJ CLOSED PER ORD 13492 OR 29778-3598 LOT SIZE 7025 SQ FT M/L
Real Estate Folio Number (Parcel Number):01-31-25-009-0230
Zoning Description:6100
Public Survey Township:1
Public Survey Range:31
Public Survey Section:25

Listing History

Update/EventDate/Days
Published Date:October 4, 2024 5:02 pm
On Market Date:October 4, 2024
Price Change Date Time:November 20, 2024 10:42 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:November 20, 2024 10:42 am
Status Last Changed:October 4, 2024 5:02 pm
Photos Last Modified:October 4, 2024 9:18 pm
Last Modified:November 20, 2024 3:42 pm
Days on the Market Reference Date:November 20, 2024
Days on the Market (updated on Last Modified*):47
Cumulative Days on the Market (updated on Last Modified**):47

Additional Information

Guest House Description:1 Bedroom
Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:48
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:31
Courtesy of:One Sotheby's International Re
Universal Property Id:US-12025-N-0131250090230-R-N

Location

Show Property Address:Yes
Street Name:25th St
Street Number:120
Street Direction Prefix:NE
Street Address:120 NE 25th St
City : Miami
State : Florida
Zip Code : 33137
County : Miami-Dade
Full Address:120 NE 25th St, Miami, FL 33137
Latitude:N25° 48' 1.9''
Longitude:W81° 48' 27.7''

Neighborhood

Postal City:Miami

Property Map

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