NOT LISTED FOR SALE

1116 88th St Surfside, FL 33154

Estimated Value: $2,776,000 - $17,502,027

6 Beds
6 Baths
4,477 Sq Ft
$2,035/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $2,450,000 $547 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $56,375/month

374 Days on Market

Highlights

  • Property has ocean access
  • Boating
  • Property Fronts a Bay or Harbor
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Guest House
  • 4-minute walk to Hawthorne Tot Lot

About This Home

As of December 2017

Location, Location, Location! NEW PRICE! Premier Corner lot w/ 270 feet water frontage, surrounded by water on two sides. Private Oasis at prestigious Biscaya Island in Surfside. Directly on Open Bay, No Bridges, deep water, dock 110' boat, Ocean access in 10 mins by boat and short walking distance to the sandy Beach and Bal Harbour. Main House 3/BD-3/BA & separate guest house 3BD/3BA. Quiet peaceful property on a no thru street.

Last Agent to Sell the Property

LINDA DEGRAVE

One Sotheby's International Re License #3080297 Listed on: 12/01/2016

One Sotheby's International Re

Last Buyer's Agent

LINDA DEGRAVE

One Sotheby's International Re License #3080297 Listed on: 12/01/2016

One Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,813

Year Built

  • Built in 1935

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 65.50x201
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Fenced
  • Property is zoned RS-1

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,477 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Bay Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 6 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Seawall
  • Boat Hoist or Davit
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Additional Homes

  • Guest House
  • Guest House Includes Living Room
  • Guest House Includes Patio
  • Guest House Includes Kitchen

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 14-22-35-005-3880

Community Details

Overview

  • No Home Owners Association
  • Normany Beach Subdivision

Amenities

  • Courtesy Bus

Recreation

  • Boating
  • Beach Club Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,813

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1935
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Surfside on 88th Street on South side at the Biscaya Island Bridge
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boat Hoists/Davits
  • Lot Size: 65.50x201
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: NORMANY BEACH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: Kitchen, Living Room, Patio
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Entrance Foyer, French Doors, Walk-In Closet(s)
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 4477
  • Possible Use: Primary
  • Window Features: Other Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Guest House
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Other
  • View: Bay
  • Exterior Features: Barbeque, Built-In Grill, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Other Lot Description
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: NORMANY BEACH
  • Open Parking: Yes
  • Parking Features: 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: Beach Club Member Available, Boating, Courtesy Bus

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 14-22-35-005-3880
  • Lot Size Sq Ft: 12161
  • Zoning: RS-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 21813

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2019
Sold by
June Realty Holdings Llc
Bought by
Schott Stephen
Current Estimated Value
$9,110,007

Purchase Details

Listed on
Dec 1, 2016
Closed on
Dec 19, 2017
Sold by
Degrave Daniel and Degrave Linda
Bought by
Scott Stephen
Seller's Agent
LINDA DEGRAVE
One Sotheby's International Re
Buyer's Agent
LINDA DEGRAVE
One Sotheby's International Re
List Price
$2,950,000
Sold Price
$2,450,000
Premium/Discount to List
-$500,000
-16.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.49%

Purchase Details

Closed on
Oct 28, 2016
Sold by
Daniel Degrave Llc
Bought by
Degrave Daniel

Purchase Details

Closed on
Mar 24, 2016
Sold by
Degrave Daniel
Bought by
Daniel Degrave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 18, 2007
Sold by
Degrave Brigitte
Bought by
Degrave Daniel

Purchase Details

Closed on
Apr 12, 1999
Sold by
Sam and Beinhorn Ruth
Bought by
Degrave Brigitte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
6.85%
Mortgage Type
New Conventional
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
Schott Stephen $22,800 Attorney
Scott Stephen $2,450,000 Attorney
Degrave Daniel -- None Available
Daniel Degrave Llc $940,000 Attorney
Degrave Daniel -- Attorney
Degrave Brigitte $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daniel Degrave Llc $340,000
Previous Owner Degrave Daniel $287,808
Previous Owner Degrave Daniel $410,000
Previous Owner Degrave Daniel $30,000
Previous Owner Degrave Daniel $30,000
Previous Owner Degrave Daniel $30,000
Previous Owner Degrave Brigitte $500,000
Previous Owner Degrave Brigitte $251,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $2,450,000 -24.6% $547 / Sq Ft
11/13/2017 11/13/17 Price Changed $3,250,000 +18.2% $726 / Sq Ft
10/18/2017 10/18/17 Price Changed $2,750,000 -6.8% $614 / Sq Ft
10/11/2017 10/11/17 For Sale $2,950,000 +20.4% $659 / Sq Ft
09/13/2017 09/13/17 Off Market $2,450,000 -- --
08/16/2017 08/16/17 Price Changed $2,950,000 -1.5% $659 / Sq Ft
05/30/2017 05/30/17 Price Changed $2,995,000 -3.2% $669 / Sq Ft
03/22/2017 03/22/17 Price Changed $3,095,000 -8.8% $691 / Sq Ft
03/20/2017 03/20/17 Price Changed $3,395,000 -0.9% $758 / Sq Ft
02/16/2017 02/16/17 Price Changed $3,425,000 -0.7% $765 / Sq Ft
12/08/2016 12/08/16 Price Changed $3,450,000 -8.0% $771 / Sq Ft
12/01/2016 12/01/16 For Sale $3,750,000 -- $838 / 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 $94,044 $5,201,210 -- --
2024 $56,351 $5,054,626 -- --
2023 $56,351 $1,908,861 $0 $0
2022 $33,484 $1,798,753 $0 $0
2021 $38,621 $2,012,173 $0 $0
2020 $38,469 $1,984,392 $1,581,114 $403,278
2019 $43,147 $2,168,955 $1,763,037 $405,918
2018 $39,052 $1,997,308 $1,588,752 $408,556
2017 $21,164 $1,092,798 $0 $0
2016 $21,575 $1,070,322 $0 $0
2015 $21,813 $1,062,882 $0 $0
2014 $22,043 $1,054,447 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10186174

MIAMI REALTORS® MLS

APN: 14-2235-005-3880