1420 NW 1st Place
Miami, FL 33136-1908

This vacant lot located at 1420 NW 1st Place and is zoned R-3, multi-family lot. The land is tax assessed by Miami-Dade County at $21,213 (please confirm with county).

NO RESERVE! NO BUYER'S PREMIUM!

The property is in a residential neighborhood, approximately 5 miles from Ocean Drive/South Beach, Miami. The property previously sold in July of 2005 for $265,000 with a $212,000 mortgage (there was a small home on the property at this time).

The following info was provided by Miami-Dade County and should be verified prior to purchase.

Address:	1420 NW 1st Place, Miami, FL 33136-1908
Parcel #:	01-3125-048-1900
Lot Size:	30 x 45 or 1350 square feet.
Annual Taxes:	~$480.19
Assessed Value	$21,213 (2008)

Grocery stores and dining with half a mile of property (source: Walkscore.com):

Comparable sales:

Address	Purchase Price	Sale Date	Type
929 NW 8th Street Rd.	$80,000	7/15/09	R-3 Lot
1329 NW 37th St.	$100,000	1/6/10	R-2 Lot

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Auction Disclaimer

The Seller offers these assets for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of these assets. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone. Seller has not occupied this property and has only limited knowledge of the condition of the property. Seller has not performed a title examination and makes no warranty as to the state of the title. All information derived from third party sources, including but not limited to appraisals, description of property and photographs, is not guaranteed. It is the duty of prospective buyers to research properties to their satisfaction prior to bidding, and a bid shall constitute a binding contract, in which the buyer is agreeing to abide by the Terms of the Auction. Please note that there may be back taxes and/or city liens on this property (amounts are unknown).

Terms of Auction / Settlement Terms

This is a cash sale, you are bidding on the full purchase price. No seller financing is available on this property. Buyer must have cash or ready at auctions close. Winning bidder agrees to pay $500 non-refundable deposit via certified check or PayPal within 48 hours of the offer being accepted, no exceptions. The remaining balance is due within 10 calendar days. Closing costs are $250 and include all fees related to transfering the quitclaim deed.

Thanks for looking and good luck with your investments!