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Resolution· H.-6.· City Commission· Tue, Jun 2, 2026

granting the City Manager to negotiate purchase terms for the purchase of 475 Biltmore Way

Status
adopted
Relevance
62/100

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Lifecycle

IntroducedMay 26, 2026
AdoptedJun 2, 2026
EffectiveJun 2, 2026

Vote

Pass

Item text

Generated On: 09/30/2025 PROPERTY APPRAISER OF MIAMI-DADE COUNTY Summary Report Property Information Folio 03-4117-008-0930 Property Address 475 BILTMORE WAY CORAL GABLES, FL 33134-0000 Owner 475 BILTMORE MOB LLC Mailing Address 499 N EL CAMINO REAL 292 ENCINITAS, CA 92024 Primary Zone 5005 MIXED-USE 3 Primary Land Use 1813 OFFICE BUILDING - MULTISTORY : OFFICE BUILDING Beds / Baths /Half 0 / 0 / 0 Floors 3 Living Units 0 Actual Area Living Area Adjusted Area 33,126 Sq.Ft Lot Size 12,604 Sq.Ft Year Built Multiple (See Building Info.) Assessment Information Year 2025 2024 2023 Land Value $5,041,600 $5,041,600 $5,041,600 Building Value $2,958,400 $2,958,400 $2,758,400 Extra Feature Value $0 $0 $0 Market Value $8,000,000 $8,000,000 $7,800,000 Assessed Value $8,000,000 $8,000,000 $7,800,000 Benefits Information Benefit Type 2025 2024 2023 Note: Not all benefits are applicable to all Taxable Values (i.e. County, School Board, City, Regional). Short Legal Description PB 20-28 CORAL GABLES BILTMORE SEC LOTS 20 TO 24 INC BLK 4 LOT SIZE 12604 SQUARE FEET COC 24762-2061 07 2006 2 Taxable Value Information Year 2025 2024 2023 COUNTY Exemption Value $0 $0 $0 Taxable Value $8,000,000 $8,000,000 $7,800,000 SCHOOL BOARD Exemption Value $0 $0 $0 Taxable Value $8,000,000 $8,000,000 $7,800,000 CITY Exemption Value $0 $0 $0 Taxable Value $8,000,000 $8,000,000 $7,800,000 REGIONAL Exemption Value $0 $0 $0 Taxable Value $8,000,000 $8,000,000 $7,800,000 Sales Information Previous Sale Price OR Book- Page Qualification Description 10/31/2019 $14,602,500 31708- 0606 Qual on DOS, multi-parcel sale 11/03/2011 $5,900,000 27895- 4474 Qual on DOS, multi-parcel sale 07/01/2006 $8,000,000 24762- 2061 Deeds that include more than one parcel 09/01/2003 $0 22087- 0307 Sales which are disqualified as a result of examination of the deed The information contained herein is for ad valorem tax assessment purposes only. The Property Appraiser of Miami-Dade County is continually editing and updating the tax roll. This website may not reflect the most current information on record. The Property Appraiser of Miami-Dade County and Miami-Dade County assumes no liability, see full disclaimer and User Agreement at https://www.miamidadepa.gov/pa/disclaimer.page 2025 Aerial Photography 200 ft EXHIBIT A

Official documents

Attachment 1Attachment 2Attachment 3Attachment 4View on the city Legistar record ↗

City legislative record from the City Commission Legistar feed. The Ask-Statura brief is an AI interpretation grounded in this item's metadata, not legal advice.