NOT LISTED FOR SALE

Estimated Value: $6,807,000 - $15,546,788

4 Beds
5 Baths
6,175 Sq Ft
$1,810/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2015

Last sale price $8,550,000 $1,385 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $78,459 / mo

Highlights

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

About This Home

As of June 2016

Enjoy 100' of water frontage and spectacular views of Biscayne Bay from this exceptional contemporary and renovated home on an oversized private lot in guard-gated Palm Island. A boater's dream home featuring a boat lift and full length dock, the 4 bedroo m plus den, separate office and 3 full & 2 half bath residence spared no expense during its recent renovation. Island kitchen w/professional stainless steel appliances, high-tech security system, upgraded doors & windows, patio w/summer kitchen & more!

Last Agent to Rent the Property

Jill Eber

Coldwell Banker Realty License #0333469 Listed on: 10/02/2015

Coldwell Banker Realty

Co-Listed By

Jill Hertzberg

Coldwell Banker Realty License #0551544

Last Renter's Agent

Jill Eber

Coldwell Banker Realty License #0333469 Listed on: 10/02/2015

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 30,000 Sq Ft Lot
  • Lot Dimensions are 100x300
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Fenced
  • Property is zoned 22/EST 2

Parking

  • 4 Car Attached Garage
  • Secure Parking

Property Views

  • Bay
  • Garden
  • Pool

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,175 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • Awning
  • Family Room
  • Den
  • Sun or Florida Room
  • Marble Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Door Monitored By TV
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Private Dock
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 10/5/15
  • 1 Year With Renewal Option,12 Months Lease Term
  • Assessor Parcel Number 02-42-05-001-0350

Community Details

Overview

  • No Home Owners Association
  • 32 53 42 4 5 54 42 Palm I,Palm Island Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0.69 Acres

Parking

4

Rental Info

  • Pets Allowed: No
  • Available Date: 2015-10-05
  • Lease Term: 1 Year With Renewal Option,12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1958
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lease Assignable: No
  • Unit Levels: 0
  • Lot Size: 100x300
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: 32 53 42 4-5 54 42 PALM I,Palm Island
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Florida Room
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 6175
  • Stories: 2
  • Living Room Features: Den/Library/Office, Family Room, Florida Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Bay, Garden, Pool
  • Exterior Features: Barbeque, Built-In Grill
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Patio And Porch Features: Awning(s), Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 32 53 42 4-5 54 42 PALM I
  • Covered Parking Spaces: 4
  • Garage Spaces: 4

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Gated with Guard, Key/Card Entry Parking, TV Monitor

Condo/Co-op/Association

  • Amenities: Guard At Gate
  • Association: No

Lot Info

  • Parcel Number: 02-42-05-001-0350
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 30000
  • Zoning: 22/EST 2
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2025
Sold by
Pl Holdings Llc
Bought by
Rubenstein Ari M
Current Estimated Value
$11,077,295

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
$2,935,705

Purchase Details

Listed on
Nov 20, 2014
Closed on
Feb 13, 2015
Sold by
Magi Henderson Llc
Bought by
Pl Holdings Llc
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Jill Eber
Coldwell Banker Realty
List Price
$9,200,000
Sold Price
$8,550,000
Premium/Discount to List
-$650,000
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%

Purchase Details

Closed on
Jul 6, 2011
Sold by
Rojas Michael
Bought by
Magi Henderson Llc

Purchase Details

Closed on
Aug 29, 2007
Sold by
Rojas Michael A
Bought by
Brito Adriana

Purchase Details

Closed on
May 8, 2007
Sold by
1633 North View Drive Llc
Bought by
Rojas Michael

Purchase Details

Closed on
Jul 25, 2005
Sold by
Prado Gloria Maria and Rico Manuel Ignacio
Bought by
1633 North View Drive Llc

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
Carr Joy and Rico Perez Andres Manuel
Bought by
1633 North View Drive Llc

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
Adrian Pedro J and Adrian Olga
Bought by
Perez Manuel Rico

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
Hormazabal Hugo and Hormazabal Gladys Calderon
Bought by
Adrian Pedro T and Adrian Olga M

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

Date Buyer Sale Price Title Company
Rubenstein Ari M $14,995,000 Imperial Title
Pl Holdings Llc $8,550,000 Attorney
Magi Henderson Llc $200 None Available
Brito Adriana -- None Available
Rojas Michael -- None Available
1633 North View Drive Llc -- --
1633 North View Drive Llc $5,575,000 --
1633 North View Drive Llc -- --
Perez Manuel Rico $3,650,000 --
Adrian Pedro T $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubenstein Ari M $8,250,000
Previous Owner 1633 North View Drive Llc $5,200,000
Previous Owner Perez Manuel Rico $2,555,000
Previous Owner Adrian Pedro T $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2016 06/24/16 Under Contract -- -- --
06/21/2016 06/21/16 Rented $22,916 -49.1% --
04/19/2016 04/19/16 For Rent $45,000 0.0% --
02/25/2015 02/25/15 Sold $8,550,000 -7.1% $1,385 / Sq Ft View Prior Sale
12/12/2014 12/12/14 Pending -- -- --
11/20/2014 11/20/14 For Sale $9,200,000 -- $1,490 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $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: A2183307

MIAMI REALTORS® MLS

APN: 02-4205-001-0350

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