NOT LISTED FOR SALE

Estimated Value: $8,121,000 - $40,451,208

7 Beds
10 Baths
10,780 Sq Ft
$2,253/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2024

Last sale price $40,250,000 $3,734 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $164,195 / mo

5 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Home fronts navigable water
  • South Pointe Elementary School Rated 9+
  • Water Views
  • Boat Lift

About This Home

As of August 2024

Experience the pinnacle of elegance and design on exclusive, guard-gated Hibiscus Island. This 12,322 SF masterpiece, set on a 21,000 SF lot with 120 feet of waterfront, is a contemporary homage to the French urban palace, Hotel Particulier, blending elegance and modernity seamlessly. Designed by award-winning Touzet Studio, with interiors by Linda Zarifi and landscaping by Enea Garden Design, this smart home unites international French design with sleek Miami style. Luxurious features include Blue de Savoie marble, a gym with a steam room & yoga terrace, a custom Swiss kitchen, service wing with a staff apartment, a 50-foot heated pool, private dock, and a rooftop oasis complete with a spa & outdoor shower. This exquisite estate offers unmatched sophistication and comfort.

Last Agent to Sell the Property

Jill Hertzberg

Coldwell Banker Realty License #0551544 Listed on: 07/26/2024

Coldwell Banker Realty

Co-Listed By

Daniel Hertzberg

Coldwell Banker Realty License #3212309

Last Buyer's Agent

Isaac Malagon

One Sotheby's International Realty License #3431672

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $343,806

Year Built

  • Built in 2016

Lot Details

  • 21,000 Sq Ft Lot
  • 120 Ft Wide Lot
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is zoned 0800

Parking

  • 2 Car Attached Garage
  • 4 Detached Carport Spaces
  • Driveway
  • Open Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 10,780 Sq Ft Home
  • Partially Furnished
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Skylights
  • Blinds
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Open Floorplan
  • Media Room
  • Den
  • Recreation Room
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Boat Lift
  • Private Dock
  • Balcony
  • Deck
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-32-006-0550

Community Details

Overview

  • Property has a Home Owners Association
  • Voluntary home owners association
  • Hibiscus Island Subdivision
  • Maintained Community

Recreation

  • Tennis Courts

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$343,806

Year Built

Built in 2016

Lot Details

0.48 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Carport Y N: Yes
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock, Lift,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: HIBISCUS ISLAND
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Pantry, Skylight, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters, Media Room, Recreation Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Partially Furnished
  • Living Area: 10780
  • Other Equipment: Whole House Permanent Generator
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Skylight, Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen, Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters, Media Room, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: Water
  • Exterior Features: Built-In Grill, Open Balcony, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Navigable Water
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: HIBISCUS ISLAND
  • Carport Spaces: 4
  • Covered Parking Spaces: 6
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Detached Carport, Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated, Tennis Court(s), Gated Community, Maintained Community, Security Patrol, Voluntary Hoa
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 02-32-32-006-0550
  • Lot Size Sq Ft: 21000
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 343806

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Aug 27, 2024
Sold by
Bought by
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Isaac Malagon
One Sotheby's International Realty
List Price
$45,000,000
Sold Price
$40,250,000
Premium/Discount to List
-$4,750,000
-10.56%
Views
28
Current Estimated Value
$24,286,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,963,896
Avg. Annual Appreciation
-23.14%

Purchase Details

Closed on
Feb 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 23, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,496,000
Interest Rate
0.0525%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 20, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
0.065%

Purchase Details

Closed on
Apr 4, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$39,003,800 None Listed On Document
$3,750,000 Attorney
$3,425,000 --
$2,700,000 --
$2,200,000 --
$1,010,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,920,000
Previous Owner $2,496,000
Previous Owner $1,800,000
Previous Owner $500,000
Previous Owner $900,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $40,250,000 -10.6% $3,734 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $45,000,000 -- $4,174 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $370,078 $30,968,624 $14,070,000 $16,898,624
2024 $343,806 $19,058,424
2023 $343,806 $17,325,840 $0 $0
2022 $300,818 $15,750,764 $0 $0
2021 $278,862 $14,318,877 $7,770,000 $6,548,877
2020 $268,723 $13,757,075 $7,140,000 $6,617,075
2019 $270,304 $13,825,273 $7,140,000 $6,685,273
2018 $255,461 $13,472,564 $6,720,000 $6,752,564
2017 $257,387 $12,234,222 $0 $0
2016 $56,817 $2,462,465 $0 $0
2015 $53,622 $2,238,605 $0 $0
2014 $43,770 $2,035,096 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11620879

MIAMI REALTORS® MLS

APN: 02-3232-006-0550

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