NOT LISTED FOR SALE

Estimated Value: $7,168,000 - $17,825,012

5 Beds
4 Baths
5,157 Sq Ft
$2,423/Sq Ft Est. Value

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • South Pointe Elementary School Rated 9+
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Palm Island Park

About This Home

As of January 2023

A magnificent estate within the prestigious police patrolled, gated Palm Island. Beautiful contemporary renovation home boasts 5 bedrooms plus den, 4 bathrooms, 6,175 sq ft on a 30,000 sq ft lot with 110 ft boat dock + second lift for boat + Jetski. The residence features Viking appliances, Italian furniture & imported fixtures, a high-tech security system, upgraded hurricane-proof doors and windows. Beautiful home that is partially furnished.

Last Agent to Rent the Property

Julian Johnston

The Corcoran Group License #3041178 Listed on: 04/05/2022

The Corcoran Group

Last Renter's Agent

Julian Johnston

The Corcoran Group License #3041178 Listed on: 04/05/2022

The Corcoran Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 30,000 Sq Ft Lot
  • 100 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is zoned 2200

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 5,157 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock

Community Details

  • No Home Owners Association
  • Palm Island Subdivision

Listing and Financial Details

  • Property Available on 11/22/22
  • Assessor Parcel Number 02-42-05-001-0350

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0.69 Acres

Parking

4

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2022-11-22

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1958
  • Property Sub Type: Single Family Residence
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: PALM ISLAND
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Furnished: Furnished
  • Living Area: 5157

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PALM ISLAND
  • Covered Parking Spaces: 4
  • Garage Spaces: 4

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-42-05-001-0350
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 30000
  • Zoning: 2200
  • ResoLotSizeUnits: SquareFeet

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

Closed on
Sep 17, 2025
Sold by
Bought by
Current Estimated Value
$12,496,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,250,000
Outstanding Balance
$8,241,189
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$4,255,317

Purchase Details

Closed on
Feb 13, 2015
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2007
Sold by
Bought by

Purchase Details

Closed on
May 8, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 25, 2005
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
$5,200,000
Interest Rate
5.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 2005
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
$5,200,000
Interest Rate
5.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 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
$2,555,000
Interest Rate
6.16%

Purchase Details

Closed on
Mar 11, 1994
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
$562,500
Interest Rate
7.1%
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
$14,995,000 Imperial Title
$8,550,000 Attorney
$200 None Available
-- None Available
-- None Available
-- --
$5,575,000 --
-- --
$3,650,000 --
$750,000 --
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
Open $8,250,000
Previous Owner $5,200,000
Previous Owner $2,555,000
Previous Owner $562,500
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
01/15/2023 01/15/23 Rented $44,000 -20.0% --
01/03/2023 01/03/23 Under Contract -- -- --
11/15/2022 11/15/22 Price Changed $55,000 -8.3% $11 / Sq Ft
04/05/2022 04/05/22 For Rent $60,000 +9.1% --
12/01/2021 12/01/21 Rented -- -- --
07/07/2021 07/07/21 Price Changed $55,000 -8.3% $11 / Sq Ft
06/04/2021 06/04/21 For Rent $60,000 -- --
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 $231,903 $11,159,944 -- --
2024 $192,209 $10,145,404 -- --
2023 $192,209 $9,223,095 $0 $0
2022 $170,926 $8,384,632 $0 $0
2021 $149,565 $7,622,393 $6,900,000 $722,393
2020 $150,104 $7,629,938 $6,900,000 $729,938
2019 $150,394 $7,637,483 $6,900,000 $737,483
2018 $146,059 $7,645,028 $6,900,000 $745,028
2017 $148,339 $7,652,573 $0 $0
2016 $150,825 $7,660,275 $0 $0
2015 $111,015 $4,758,325 $0 $0
2014 $99,487 $4,325,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11179196

MIAMI REALTORS® MLS

APN: 02-4205-001-0350

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