112 W Palm Midway Miami Beach, FL 33139
Star, Palm and Hibiscus Islands Neighborhood
5
Beds
5.5
Baths
3,358
Sq Ft
9,750
Sq Ft Lot
Highlights
- New Construction
- In Ground Pool
- Main Floor Bedroom
- South Pointe Elementary School Rated A-
- Maid or Guest Quarters
- Pool View
About This Home
As of April 2022New construction modern masterpiece!! Located on prestigious guard gated Hibiscus Island, this 5bed/5.5bath is situated on a private 9,750 SF oversized lot. The homes soaring ceilings combined with open living and kitchen areas will wow you upon arrival. The large sliding glass doors in main living area create an amazing indoor - outdoor entertainment space that lead to a large pool and outdoor lounge and dining area. The main bedroom includes a large bathroom, walk in closet and its own outdoor living space with a spiral staircase leading to a rooftop for you to enjoy all of the incredible views from one of Miami's best islands.
Last Agent to Sell the Property
One Sotheby's International Re License #3449840 Listed on: 03/11/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,217
Year Built
- Built in 2021 | New Construction
Lot Details
- 9,750 Sq Ft Lot
- East Facing Home
- Property is zoned 0100
Interior Spaces
- 2-Story Property
- Built-In Features
- Great Room
- Family Room
- Storage Room
- Tile Flooring
- Pool Views
- High Impact Door
Kitchen
- Gas Range
- Cooking Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Upstairs
- Maid or Guest Quarters
Laundry
- Laundry in Utility Room
- Washer
Parking
- Driveway
- Open Parking
Outdoor Features
- In Ground Pool
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 02-32-32-005-0310
Community Details
Overview
- Property has a Home Owners Association
- Hibiscus Island Subdivision
Recreation
- Tennis Courts
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2015
Closed on
Jul 31, 2015
Sold by
Teitelbaum Gerald and Teitelbaum Sheila
Bought by
112 Palm Midway Llc
Seller's Agent
Daniel Hertzberg
Coldwell Banker Realty
Buyer's Agent
Daniel Hertzberg
Coldwell Banker Realty
List Price
$1,890,000
Sold Price
$1,575,000
Premium/Discount to List
-$315,000
-16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.24%
Original Mortgage
$2,500,000
Interest Rate
4.11%
Mortgage Type
Balloon
Similar Homes in Miami Beach, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,575,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $300,000 | Balloon | |
| Closed | $700,000 | Balloon | |
| Closed | $2,500,000 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $7,295,000 | +14.0% | $1,526 / Sq Ft |
| 04/20/2022 04/20/22 | Sold | $6,400,000 | -5.9% | $1,906 / Sq Ft |
| 04/13/2022 04/13/22 | Pending | -- | -- | -- |
| 03/11/2022 03/11/22 | For Sale | $6,800,000 | +32.7% | $2,025 / Sq Ft |
| 03/07/2022 03/07/22 | Sold | $5,125,000 | -6.8% | $1,156 / Sq Ft |
| 04/08/2021 04/08/21 | Pending | -- | -- | -- |
| 03/31/2021 03/31/21 | For Sale | $5,500,000 | 0.0% | $1,240 / Sq Ft |
| 03/15/2021 03/15/21 | Pending | -- | -- | -- |
| 02/08/2021 02/08/21 | For Sale | $5,500,000 | +249.2% | $1,240 / Sq Ft |
| 07/31/2015 07/31/15 | Sold | $1,575,000 | -12.3% | $469 / Sq Ft |
| 05/21/2015 05/21/15 | Pending | -- | -- | -- |
| 04/21/2015 04/21/15 | Price Changed | $1,795,000 | -5.0% | $535 / Sq Ft |
| 03/26/2015 03/26/15 | For Sale | $1,890,000 | -- | $563 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $112,414 | $5,822,662 | $2,632,500 | $3,190,162 |
| 2024 | $102,755 | $5,811,245 | -- | -- |
| 2023 | $102,755 | $5,282,950 | $2,028,000 | $3,254,950 |
| 2022 | $25,517 | $1,072,500 | $0 | $0 |
| 2021 | $21,217 | $975,000 | $975,000 | $0 |
| 2020 | $21,267 | $975,000 | $975,000 | $0 |
| 2019 | $22,993 | $1,063,140 | $1,063,140 | $0 |
| 2018 | $26,309 | $1,276,752 | $975,000 | $301,752 |
| 2017 | $30,837 | $1,482,207 | $0 | $0 |
| 2016 | $29,784 | $1,428,857 | $0 | $0 |
| 2015 | $10,454 | $490,633 | $0 | $0 |
| 2014 | $10,698 | $486,740 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Darin Tansey
Seller's Agent in 2025
Darin Tansey
Douglas Elliman
(305) 987-1530
1 in this area
68 Total Sales
-
David Pullman
Seller's Agent in 2022
David Pullman
One Sotheby's International Re
(914) 906-9208
2 in this area
41 Total Sales
-
Hillary Hertzberg
Seller's Agent in 2022
Hillary Hertzberg
Coldwell Banker Realty
(305) 341-7489
2 in this area
66 Total Sales
-
Albert Justo
Seller Co-Listing Agent in 2022
Albert Justo
One Sotheby's International Re
(786) 326-9613
7 in this area
38 Total Sales
-
Daniel Hertzberg
Seller Co-Listing Agent in 2022
Daniel Hertzberg
Coldwell Banker Realty
(305) 341-7489
5 in this area
150 Total Sales
-
Katrina Campins
Buyer's Agent in 2022
Katrina Campins
The Campins Company
(786) 493-5652
2 in this area
24 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11172453
APN: 02-3232-005-0310
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