NOT LISTED FOR SALE

1000 88th St Surfside, FL 33154

Estimated Value: $4,540,000

4 Beds
4 Baths
3,376 Sq Ft
$1,345/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $1,845,000 $547 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $35,080/month

112 Days on Market

Highlights

  • Property has ocean access
  • Dock Available
  • In Ground Pool
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Property Fronts a Bay or Harbor
  • 4-minute walk to Hawthorne Tot Lot

About This Home

As of March 2014

WATERFRONT, POOL, DOCK , VERY OPEN AND SPACIOUS FLOOR PLAN. GRANITE COUNTERS WITH STAINLESS STEEL APPLIANCES , TWO CAR GARAGE WITH ADJOINING STORATE AND SHOP. FIREPLACE, LARGE DOCK AND OUT PILINGS FOR YACHT, DAVITS AND CONCRETE PAD FOR OUTBOARD BOAT. O CEAN ACCESS , NO FIXED BRIDGES, LUSH TROPICAL FOLIAGE AND SPRINGLER SYSTEM. HOUSE IS PRESENTLY RENTED MONTH TO MONTH.

Last Agent to Sell the Property

Maria Perez

Casa De Maria, Inc. License #0693281 Listed on: 11/02/2013

Last Buyer's Agent

Maria Perez

Casa De Maria, Inc. License #0693281 Listed on: 11/02/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,143

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Property is zoned 11/S FM

Parking

  • 2 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,376 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Ceramic Tile Flooring
  • Bay Views

Kitchen

  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Dock Available
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Normandy Beach 2Nd Amd Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-22-35-005-3930

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,143

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: NORMANDY BEACH 2ND AMD PL
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: Cooking Island, Family Room
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 3376
  • Possible Use: Secondary
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Barrel Roof
  • View: Bay
  • Exterior Features: Barbeque
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: NORMANDY BEACH 2ND AMD PL
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 14-22-35-005-3930
  • Lot Size Sq Ft: 15000
  • Zoning: 11/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 28143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2013
Closed on
Mar 10, 2014
Sold by
Tromberg Stuart
Bought by
Margolis Jared and Margolis Allison
Seller's Agent
Maria Perez
Casa De Maria, Inc.
Buyer's Agent
Maria Perez
Casa De Maria, Inc.
List Price
$1,999,999
Sold Price
$1,845,000
Premium/Discount to List
-$154,999
-7.75%
Current Estimated Value
$4,540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,695,000
Avg. Annual Appreciation
8.17%
Original Mortgage
$1,350,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 2005
Sold by
Tarr Bernard and Tarr Patricia
Bought by
Tromberg Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,452,500
Interest Rate
1.25%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Margolis Jared $1,800,000 Attorney
Tromberg Stuart $2,075,000 Legacy Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margolis Jared $3,990,000
Closed Margolis Jared $3,270,000
Closed Margolis Jared $1,350,000
Previous Owner Tromberg Stuart $1,452,500
Previous Owner Tarr Bernard $662,900
Previous Owner Tarr Bernard $443,000
Previous Owner Tarr Bernard $427,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2014 03/14/14 Sold $1,845,000 -7.7% $547 / Sq Ft
02/23/2014 02/23/14 Pending -- -- --
11/02/2013 11/02/13 For Sale $1,999,999 -- $592 / 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
2025 $124,693 $6,864,274 -- --
2024 $122,371 $6,670,821 -- --
2023 $122,371 $6,476,526 $0 $0
2022 $128,484 $6,767,428 $0 $0
2021 $78,858 $4,065,808 $0 $0
2020 $78,559 $4,009,673 $0 $0
2019 $34,355 $1,768,019 $0 $0
2018 $38,498 $1,969,017 $1,958,964 $10,053
2017 $39,318 $1,983,811 $0 $0
2016 $33,968 $1,628,041 $0 $0
2015 $32,770 $1,541,795 $0 $0
2014 $31,903 $1,324,353 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1864338

MIAMI REALTORS® MLS

APN: 14-2235-005-3930