Seller's Agent in 2025
Darin Tansey
Douglas Elliman
(305) 987-1530
1 in this area
67 Total Sales
112 W Palm Midway Miami Beach, FL 33139
Star, Palm and Hibiscus Islands Neighborhood
5
Beds
7
Baths
4,434
Sq Ft
9,750
Sq Ft Lot
Highlights
- New Construction
- In Ground Pool
- Great Room
- South Pointe Elementary School Rated A-
- Gated Community
- Cooking Island
About This Home
As of April 2022Enjoy being the first to live in this new construction modern oasis, completed in 2021. Located on guard gated Hibiscus Island, this 5BR/5+2BA features direct park views and private 9,750 SF oversized lot. This artfully appointed 4,434 Sf home boasts soaring ceiling heights, open living and chef’s kitchen, top of the line finishes and views of the backyard and sparkling pool throughout. This home epitomizes casual elegance & effortless indoor/outdoor living, w/ glass walls of hurricane impact floor-to-ceiling windows & sliding doors, opening up to a covered outdoor living and dining room. Primary suite w/ large balcony, luxurious bath with soaking tub and oversized shower+ walk-in closet. Multiple balconies & a spiral staircase leading to a rooftop allow for outdoor lounging throughout!
Last Agent to Sell the Property
Coldwell Banker Realty License #3251628 Listed on: 02/10/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,267
Year Built
- Built in 2020 | New Construction
Lot Details
- 9,750 Sq Ft Lot
- East Facing Home
- Property is zoned 0100
Interior Spaces
- 4,434 Sq Ft Home
- 2-Story Property
- Great Room
- Family Room
- Clear Impact Glass
- Property Views
Kitchen
- Gas Range
- Dishwasher
- Cooking Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Upstairs
- Closet Cabinetry
- Walk-In Closet
Parking
- Driveway
- Open Parking
Outdoor Features
- In Ground Pool
- Patio
- Exterior Lighting
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 02-32-32-005-0310
Community Details
Overview
- Property has a Home Owners Association
- Hibiscus Island Subdivision
- Maintained Community
Security
- Gated Community
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
17.17%
Original Mortgage
$2,500,000
Interest Rate
4.11%
Mortgage Type
Balloon
Create a Home Valuation Report for This Property
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
-
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: A10996936
APN: 02-3232-005-0310
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