NOT LISTED FOR SALE

118 W 3rd Ct Miami Beach, FL 33139

Star, Palm and Hibiscus Islands Neighborhood

Estimated Value: $2,599,000 - $7,029,000

3 Beds
2 Baths
2,048 Sq Ft
$2,011/Sq Ft Est. Value

Sale Details

Date Sold: July 22, 2020

Last sale price $1,180,000 $576 Per Sq Ft

Est. 299% increase in value since last sale

Current estimated payment $28,447 / mo

134 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Gated Community
  • Wood Flooring
  • South Pointe Elementary School Rated 9+
  • Room in yard for a pool
  • Garden View

About This Home

As of July 2020

Prestigious Hibiscus Island Home, best value and won't last. Elegant entrance with oversized double doors lead to large living and dining room with high vaulted wood ceilings. Lots of natural light flows from the large windows on the East and West of the Living Room. Well maintained home. Room for Pool. Hibiscus Island is a guard gated community featuring Tennis courts and located in Miami Beach. The location is impossible to beat as you are minutes from Miami Beach, Brickell, and the Arts District!

Last Agent to Sell the Property

Ida Schwartz

Compass Florida, LLC License #3027529 Listed on: 01/30/2020

Compass Florida, LLC

Co-Listed By

Minette Schwartz

Compass Florida, LLC License #3313904

Last Buyer's Agent

Joanna Jimenez

Compass Florida, LLC License #3224030

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,248

Year Built

  • Built in 1953

Lot Details

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

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,048 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Awning
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room
  • Garden Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Exterior Lighting
  • 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 02-32-32-005-0490

Community Details

Overview

  • Hibiscus Island Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,248

Year Built

Built in 1953

Lot Details

9,750 Sq Ft Lot

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: HIBISCUS ISLAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Den/Library/Office, Family Room, Florida Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 2048
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Utility Room/Laundry

Exterior Features

  • Roof: Barrel Roof
  • View: Garden, Other
  • Exterior Features: Lighting, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Awning(s), 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
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Additional Amenities, Tennis Court(s), Gated Community, Picnic Area, Security Patrol, Sidewalks
  • 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: 02-32-32-005-0490
  • Lot Size Sq Ft: 9750
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10248

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Jul 21, 2020
Sold by
Rubinstein Ruth and Chiz Milton
Bought by
Valdes Alejandro and Valdes Isaura
Seller's Agent
Ida Schwartz
Compass Florida, LLC
Buyer's Agent
Joanna Jimenez
Compass Florida, LLC
List Price
$1,400,000
Sold Price
$1,180,000
Premium/Discount to List
-$220,000
-15.71%
Current Estimated Value
$4,704,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,524,333
Avg. Annual Appreciation
24.42%
Original Mortgage
$510,400
Outstanding Balance
$453,429
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$3,664,238
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Valdes Alejandro $1,180,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdes Alejandro $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2020 07/22/20 Sold $1,180,000 -9.2% $576 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
03/06/2020 03/06/20 Price Changed $1,299,000 -7.2% $634 / Sq Ft
01/30/2020 01/30/20 For Sale $1,400,000 -- $684 / 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 $36,827 $1,491,122 -- --
2024 $33,764 $1,355,566 -- --
2023 $33,764 $1,328,035 $0 $0
2022 $28,208 $1,207,305 $0 $0
2021 $23,583 $1,097,550 $975,000 $122,550
2020 $25,479 $1,192,564 $975,000 $217,564
2019 $10,458 $382,005 $0 $0
2018 $10,032 $374,883 $0 $0
2017 $10,281 $367,173 $0 $0
2016 $9,681 $359,621 $0 $0
2015 $9,263 $357,122 $0 $0
2014 $9,461 $354,288 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ida Schwartz

    Seller's Agent in 2020

    Ida Schwartz

    Compass Florida, LLC

    (305) 632-7386

    1 in this area

    73 Total Sales

    Ida Schwartz
    Section Image
  • Minette Schwartz

    Seller Co-Listing Agent in 2020

    Minette Schwartz

    Compass Florida, LLC

    (305) 439-6628

    2 in this area

    91 Total Sales

    Minette Schwartz
    Section Image
  • Joanna Jimenez

    Buyer's Agent in 2020

    Joanna Jimenez

    Compass Florida, LLC

    (305) 302-6384

    1 in this area

    330 Total Sales

    Joanna Jimenez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10809555

MIAMI REALTORS® MLS

APN: 02-3232-005-0490

Florida Miami/Dade County Miami Beach 33139 Star, Palm and Hibiscus Islands

118 W 3rd Ct, Miami Beach, FL

Not Listed for Sale

Detached

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