$2,375,000
SOLD NOV 19, 2021
4 Beds
4 Baths
2,517 Sq Ft
9,750 Sq Ft Lot

Recently Sold

$944 Per Sq Ft

5% Below List Price

100 Days on Market

Highlights

  • Gated Community
  • Room in yard for a pool
  • Wood Flooring
  • South Pointe Elementary School Rated A-
  • Deck
  • Garden View

About This Home

As of November 2021

Rare and Charming property located in Exclusive Hibiscus Island!
Clean and well maintained, this opportunity sits on a expansive 9,750 SF lot. Enter a open living area with vaulted ceilings and a beautiful Keystone Fireplace featuring Hardwood floors & tile. 4 oversized suites all have there own full bath! Fantastic layout with a triple-split floor plan and a nanny or maid's quarters with separate entrance. Outdoor oasis is professionally lushly landscaped, resembling a garden from a magazine. Very private, manicured grounds plus an updated covered patio. This property is located in very prime location in Miami Beach, guard gated and just a short drive to downtown, beach's, entertainment, fine dining and more.

Last Agent to Sell the Property

Nicholas Cato

Douglas Elliman License #3422366 Listed on: 08/11/2021

Douglas Elliman

Last Buyer's Agent

Omar Garban

Douglas Elliman License #3046524

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,364

Year Built

  • Built in 1941

Lot Details

  • 9,750 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Flat Tile Roof

Interior Spaces

  • 2,517 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • French Doors
  • Family Room
  • Den
  • Garden Views
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Circular Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Deck
  • Porch

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-32-005-0140

Community Details

Overview

  • Property has a Home Owners Association
  • Hibiscus Island Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,364

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: HIBISCUS ISLAND
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator
  • Interior Amenities: First Floor Entry, French Doors, Den/Library/Office, Family Room
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 2517
  • Possible Use: Primary
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Family Room

Exterior Features

  • Roof: Flat Tile
  • View: Garden
  • Exterior Features: Room For Pool
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: HIBISCUS ISLAND
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Additional Amenities, Tennis Court(s), Gated Community, Picnic Area, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-32-005-0140
  • Lot Size Sq Ft: 9750
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 28364

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Spring Eren
Bought by
Arce Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,960,000
Outstanding Balance
$2,942,097
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$1,120,988

Purchase Details

Listed on
Aug 11, 2021
Closed on
Nov 17, 2021
Sold by
Laramar Holdings Llc
Bought by
Spring Eren
Seller's Agent
Nicholas Cato
Douglas Elliman
Buyer's Agent
Omar Garban
Douglas Elliman
List Price
$2,495,000
Sold Price
$2,375,000
Premium/Discount to List
-$120,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%
Original Mortgage
$1,900,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2021
Sold by
Lara Marcus
Bought by
Laramar Holdings Llc

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 3, 2021
Sold by
Great Water Hibiscus Llc
Bought by
Lara Marcus
Seller's Agent
Ida Schwartz
Compass Florida, LLC
Buyer's Agent
Rafael Rodriguez
BHHS EWM Realty
List Price
$2,295,000
Sold Price
$2,250,000
Premium/Discount to List
-$45,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%

Purchase Details

Listed on
Oct 2, 2014
Closed on
May 29, 2015
Sold by
Broudo Mordechai and Butnis Lana R
Bought by
Great Water Hibiscus Llc
Seller's Agent
Barbara Hagen
MMLS Assoc.-Inactive Member
Buyer's Agent
Irma Larancuente
Coldwell Banker Realty
Sold Price
$5,000

Purchase Details

Closed on
Feb 9, 2005
Sold by
Im Cheun Ho and Im Heacha
Bought by
Broudo Mordechai and Butnis Lana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 16, 1997
Sold by
Blanco Julio S and Blanco Nadina M
Bought by
Im Cheun Ho and Im Heacha
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,700,000 None Listed On Document
Warranty Deed $2,375,000 Clear Title Group
Warranty Deed -- Attorney
Warranty Deed $2,250,000 Attorney
Quit Claim Deed -- None Available
Warranty Deed $900,000 Attorney
Warranty Deed $335,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,960,000 New Conventional
Previous Owner $1,900,000 New Conventional
Previous Owner $720,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $4,195,000 -4.7% $1,667 / Sq Ft
04/15/2025 04/15/25 Price Changed $4,400,000 -8.3% $1,748 / Sq Ft
02/26/2025 02/26/25 For Sale $4,800,000 +102.1% $1,907 / Sq Ft
11/19/2021 11/19/21 Sold $2,375,000 -4.8% $944 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $2,495,000 +10.9% $991 / Sq Ft
06/03/2021 06/03/21 Sold $2,250,000 -2.0% $894 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $2,295,000 0.0% $912 / Sq Ft
10/07/2019 10/07/19 Rented $4,200 -6.7% --
09/10/2019 09/10/19 Price Changed $4,500 -10.0% $2 / Sq Ft
08/13/2019 08/13/19 For Rent $5,000 0.0% --
04/07/2015 04/07/15 Rented $5,000 -41.2% --
03/08/2015 03/08/15 Under Contract -- -- --
10/01/2014 10/01/14 For Rent $8,500 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $57,617 $2,901,951 -- --
2024 $52,142 $2,638,446 -- --
2023 $52,142 $2,398,588 $0 $0
2022 $45,396 $2,180,535 $1,443,000 $737,535
2021 $28,268 $1,262,437 $975,000 $287,437
2020 $28,364 $1,264,048 $975,000 $289,048
2019 $30,127 $1,353,799 $1,063,140 $290,659
2018 $27,632 $1,267,271 $975,000 $292,271
2017 $32,678 $1,500,063 $0 $0
2016 $31,617 $1,445,973 $0 $0
2015 $25,056 $1,066,788 $0 $0
2014 $23,414 $969,808 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11083496

MIAMI REALTORS® MLS

APN: 02-3232-005-0140