NOT LISTED FOR SALE

Miami Beach, FL 33141

Biscayne Point Neighborhood

Estimated Value: $4,838,000 - $10,182,843

3 Beds
2 Baths
2,321 Sq Ft
$3,262/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $1,850,000 $797 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $47,004/month

288 Days on Market

Highlights

  • Deeded Boat Dock
  • Built in 1950 | Newly Remodeled
  • Sitting Area In Primary Bedroom
  • Property Fronts a Bay or Harbor
  • Garage Apartment
  • Room in yard for a pool

About This Home

As of April 2016

Best Bay Front house for sale in the Island. Incredible Sun Sets and panoramic City views. Mango tree with literally thousands of fruit year after year. Wood deck off of Master Suite. Wood Dock on Bay to relax. The house is larger than County Tax rolls. G reat potential for remodeling or reconstructions a most see home. Please show proof of Funds or Approval letter from Bank before setting apt. Walking distance to the Beach easy access to shops & major roads.

Last Agent to Sell the Property

Benjamin Ergas

United Realty Group Inc License #3193528 Listed on: 06/09/2015

United Realty Group Inc

Last Buyer's Agent

Adam Redolfi

Adam Redolfi PA License #3268613

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,330

Year Built

  • Built in 1950 | Newly Remodeled

Lot Details

  • 75 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is zoned 80/PUBLI

Home Design

  • Shingle Roof

Interior Spaces

  • 2,321 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Bay Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Studio bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • Garage Apartment
  • Converted Garage
  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Deeded Boat Dock
  • Deck

Schools

  • Biscayne Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Biscayne Point Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-32-03-001-2440

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,330

Year Built

Built in 1950 | Newly Remodeled

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: 77TH ST WEST TO GUARD HOUSE OF BISCAYNE POINTE ISLAND. MAKE A RIGHT ALL THE WAY TO THE END HOUSE IN FRONT OF YOU.
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Dock,Dock Available
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BISCAYNE POINT
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Family Room, Florida Room, Garage Apartment, Garage Converted
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2321
  • Other Equipment: Natural Gas
  • Possible Use: Investment
  • Bedroom Features: Sitting Area - Primary Bedroom, Studio
  • Living Room Features: Family Room, Florida Room, Garage Apartment, Garage Converted

Exterior Features

  • Roof: Shingle
  • View: Bay
  • Exterior Features: Fruit Trees, Room For Pool
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: WF/Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BISCAYNE POINT
  • 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
  • Security: Fire Alarm, Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No
  • Community Features: Mandatory Hoa
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Biscayne
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-03-001-2440
  • Zoning: 80/PUBLI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 8330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2024
Sold by
1165 Biscayne Llc
Bought by
1165 Biscayne Land Trust and Zagury Scott Pa
Current Estimated Value
$7,571,614

Purchase Details

Listed on
Jun 9, 2015
Closed on
Apr 5, 2016
Sold by
Ergas Elias
Bought by
1165 Biscayne Llc
Seller's Agent
Benjamin Ergas
United Realty Group Inc
Buyer's Agent
Adam Redolfi
Adam Redolfi PA
List Price
$2,899,999
Sold Price
$1,850,000
Premium/Discount to List
-$1,049,999
-36.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.22%
Original Mortgage
$3,300,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 1994
Sold by
Alper Anne
Bought by
Ergas Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
8.46%
Mortgage Type
Purchase Money Mortgage
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
1165 Biscayne Land Trust -- None Listed On Document
1165 Biscayne Llc $1,850,000 Attorney
Ergas Elias $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1165 Biscayne Llc $3,300,000
Previous Owner Ergas Elias $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2016 04/05/16 Sold $1,850,000 -19.6% $797 / Sq Ft
12/03/2015 12/03/15 Price Changed $2,299,999 -4.2% $991 / Sq Ft
10/29/2015 10/29/15 Price Changed $2,399,999 -7.7% $1,034 / Sq Ft
09/12/2015 09/12/15 Price Changed $2,599,999 -10.3% $1,120 / Sq Ft
06/09/2015 06/09/15 For Sale $2,899,999 -- $1,249 / 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 $91,291 $6,125,420 $3,937,500 $2,187,920
2024 $84,270 $4,253,626 -- --
2023 $84,270 $3,866,933 $0 $0
2022 $30,743 $1,487,962 $0 $0
2021 $26,460 $1,352,693 $1,350,053 $2,640
2020 $25,436 $1,296,408 $1,293,768 $2,640
2019 $25,122 $1,296,408 $1,293,768 $2,640
2018 $27,261 $1,408,978 $1,406,338 $2,640
2017 $30,515 $1,562,682 $0 $0
2016 $8,150 $423,554 $0 $0
2015 $8,267 $420,610 $0 $0
2014 $8,331 $417,272 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Benjamin Ergas

    Seller's Agent in 2016

    Benjamin Ergas

    United Realty Group Inc

    (954) 615-2180

    9 Total Sales

    Benjamin Ergas
    Section Image
  • Adam Redolfi

    Buyer's Agent in 2016

    Adam Redolfi

    Adam Redolfi PA

    (786) 328-9237

    61 Total Sales

    Adam Redolfi
    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A2128431

MIAMI REALTORS® MLS

APN: 02-3203-001-2440

Florida Miami/Dade County Miami Beach 33141

Biscayne Point

Not Listed for Sale

Detached

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