NOT LISTED FOR SALE

Estimated Value: $5,152,000 - $6,738,000

7 Beds
9.5 Baths
10,094 Sq Ft
$589/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $19,550,000 $1,937 Per Sq Ft

Current estimated payment $38,873/month

322 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • 2 Bedroom Guest House
  • North Beach Elementary School Rated A-
  • Guest House
  • 2-minute walk to La Gorce Park

About This Home

As of November 2019

Best price per SF of land on gated island! Tree lined canopied driveway lead you to this premiere La Gorce Island estate showcasing classic & modern design in coveted Miami Beach location. This rare residence has nearly 2 acres of land & 500ft+ of water-frontage & offers easy access to Ocean, Intracoastal & no fixed bridges to the Bay. The 12,687 total sq. ft. residence offers an ideal floorplan for entertaining w/7 bdrms & 9.5 ensuite baths, 950SF custom chefs kitchen & guest wing. Main living area open to covered terrace & enviable outdoor space is highlighted by the gorgeous pool & spacious patios, spa & wading area. Grounds feature separate guest house, gym + pool house w/full kitchen, bath & rooftop deck. Professionally lit Hydro Tennis Crt, 2 boat lifts + newer seawall. 3 car garage.

Last Agent to Sell the Property

Nancy Batchelor

Compass Florida, LLC. License #0416207 Listed on: 11/09/2018

Compass Florida, LLC.

Last Buyer's Agent

Mirce Curkoski

One Sotheby's International Re License #3187828

One Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $281,368

Year Built

  • Built in 1952

Lot Details

  • 1.78 Acre Lot
  • 500 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Fenced
  • Property is zoned 2100

Parking

  • 4 Car Garage
  • Garage Apartment
  • Automatic Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Open Parking

Home Design

  • Substantially Remodeled
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 10,094 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Bay Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Security System Owned
  • High Impact Windows
  • High Impact Door

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Boat Lift
  • Boat Hoist or Davit
  • Private Dock
  • Tennis Courts
  • Patio
  • Exterior Lighting
  • Shed

Additional Homes

  • Guest House
  • 2 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Includes Living Room
  • Guest House Has A Garage

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-006-0040

Community Details

Overview

  • La Gorce Island Subdivision
  • Property has a Home Owners Association

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$281,368

Year Built

Built in 1952

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Expansive 275 degrees view. One of the best lines in the building!
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Boat Hoists/Davits,Private Dock,Unrestricted Salt Water Access, Lift
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: LA GORCE ISLAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 2 Bedrooms, Garage, Living Room
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Bar, Built-in Features, Entrance Foyer, French Doors, Other, Pantry, Wet Bar, Attic, Den/Library/Office, Family Room, Florida Room, Garage Apartment, Great Room, Maid/In-Law Quarters
  • Spa Yn: Yes
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 10094
  • Other Equipment: Automatic Garage Door Opener, Intercom, Natural Gas
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining, Kitchen Dining
  • Living Room Features: Attic, Den/Library/Office, Family Room, Florida Room, Garage Apartment, Great Room, Guest House, Maid/In-Law Quarters
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Water
  • Exterior Features: Fruit Trees, Lighting, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Extra Building/Shed, Guest House
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: LA GORCE ISLAND
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Mandatory Hoa, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-11-006-0040
  • Lot Size Sq Ft: 77748
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 281368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Nov 18, 2019
Sold by
Rapa Holdings Llc
Bought by
Aronson Carolyn
Seller's Agent
Nancy Batchelor
Compass Florida, LLC.
Buyer's Agent
Mirce Curkoski
One Sotheby's International Re
List Price
$29,700,000
Sold Price
$19,550,000
Premium/Discount to List
-$10,150,000
-34.18%
Current Estimated Value
$5,945,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,605,000
Avg. Annual Appreciation
-18.91%

Purchase Details

Listed on
Sep 17, 2011
Closed on
Aug 27, 2012
Sold by
Ossorio Carlos A
Bought by
Rapa Holdings Llc
Seller's Agent
Lina Buitrago
Compass Florida, LLC
Buyer's Agent
Scott Voelker
Compass Florida, LLC.
List Price
$11,000,000
Sold Price
$11,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Jun 17, 1997
Sold by
Smith Margaret D and Hicks Hillard
Bought by
Ossorio Carlos A
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aronson Carolyn $195,500 Attorney
Rapa Holdings Llc $11,000,000 Attorney
Ossorio Carlos A $2,775,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2019 11/18/19 Sold $19,550,000 -13.1% $1,937 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
06/10/2019 06/10/19 Price Changed $22,500,000 -6.2% $2,229 / Sq Ft
04/15/2019 04/15/19 Price Changed $23,999,000 -7.7% $2,378 / Sq Ft
02/06/2019 02/06/19 Price Changed $25,999,999 -12.5% $2,576 / Sq Ft
11/09/2018 11/09/18 For Sale $29,700,000 +170.0% $2,942 / Sq Ft
08/27/2012 08/27/12 Sold $11,000,000 0.0% $1,094 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
09/17/2011 09/17/11 For Sale $11,000,000 -- $1,094 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $396,471 $20,536,120 -- --
2023 $396,471 $18,669,200 $0 $0
2022 $345,380 $16,972,000 $0 $0
2021 $297,906 $15,429,091 $15,429,091 $0
2020 $308,295 $15,924,646 $14,694,372 $1,230,274
2019 $296,707 $15,311,157 $14,694,372 $616,785
2018 $281,369 $15,312,955 $14,694,372 $618,583
2017 $302,886 $13,425,371 $0 $0
2016 $295,460 $12,204,883 $0 $0
2015 $251,336 $10,936,678 $0 $0
2014 $214,319 $9,942,435 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10561804

MIAMI REALTORS® MLS

APN: 02-3211-006-0040