Seller's Agent in 2021
Nelson Gonzalez
BHHS EWM Realty
(305) 674-4040
4 in this area
99 Total Sales
Estimated Value: $6,249,000 - $12,647,479
6
Beds
6.5
Baths
4,452
Sq Ft
$1,899/Sq Ft
Est. Value
Highlights
- New Construction
- In Ground Pool
- Wood Flooring
- South Pointe Elementary School Rated 9+
- Gated Community
- Main Floor Bedroom
About This Home
As of July 2021Spectacular new home located on exclusive Hibiscus Island in South Beach! Designed for modern living while built with meticulous attention to detail, this masterpiece is exuding luxury at every corner! Auto-gates lead into the property where a pivot door welcomes you inside the lavish interiors with perfectly appointed living spaces adjoining a state-of-the-art Italkraft kitchen. Stunning high-end finishes, built-ins accentuated with LED lighting, wallpaper, Crestron system, 10-ft ceilings, & earthy colors will create a warm welcome for the new owner. Upstairs, family room and 4 beds surrounded with an outstanding, 360-degree wraparound terrace. The third layer of luxury is the rooftop deck and the lushly secluded backyard with pool, spa, cabana, summer kitchen. 2-car garage, driveway.
Last Agent to Sell the Property
BHHS EWM Realty License #0449460 Listed on: 06/02/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,287
Year Built
- Built in 2021 | New Construction
Lot Details
- 9,750 Sq Ft Lot
- Lot Dimensions are 78x125
- East Facing Home
- Fenced
- Property is zoned 0100
HOA Fees
- $42 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
- Open Parking
Property Views
- Garden
- Pool
Home Design
- Concrete Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 4,452 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Family Room
- Impact Glass
Kitchen
- Eat-In Kitchen
- Gas Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Upstairs
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Additional Features
- In Ground Pool
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-32-32-005-0550
Community Details
Overview
- Hibiscus Island Subdivision
Recreation
- Tennis Courts
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2021
Closed on
Jul 27, 2021
Sold by
118 W 4Th Ct Llc
Bought by
Palumbo Nicholas A and Sotomayor Marisa A
Seller's Agent
Nelson Gonzalez
BHHS EWM Realty
Buyer's Agent
Minette Schwartz
Compass Florida, LLC
List Price
$5,850,000
Sold Price
$5,750,000
Premium/Discount to List
-$100,000
-1.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,552,550
Avg. Annual Appreciation
8.56%
Original Mortgage
$5,000,000
Outstanding Balance
$4,544,501
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$3,908,869
Purchase Details
Listed on
Feb 5, 2019
Closed on
Feb 21, 2019
Sold by
118 West 4 Llc
Bought by
118 West Llc
Seller's Agent
Karise Claramonte
Beachfront Realty Inc
Buyer's Agent
Karise Claramonte
Beachfront Realty Inc
List Price
$1,278,000
Sold Price
$1,115,000
Premium/Discount to List
-$163,000
-12.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.22%
Purchase Details
Listed on
May 6, 2016
Closed on
Sep 1, 2016
Sold by
W E W Inc
Bought by
118 West 4 Llc
Seller's Agent
Robert Ziehm
Sterling Equity Realty LLC
Buyer's Agent
Shelly Abramowitz
Museum Park Realty, LLC.
List Price
$1,795,000
Sold Price
$1,475,000
Premium/Discount to List
-$320,000
-17.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.79%
Original Mortgage
$1,180,000
Interest Rate
3.46%
Mortgage Type
Future Advance Clause Open End Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palumbo Nicholas A | -- | Attorney | |
| 118 West Llc | $1,115,000 | Americas Title Corporation | |
| 118 West 4 Llc | $1,474,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palumbo Nicholas A | $5,000,000 | |
| Previous Owner | 118 West 4 Llc | $1,180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/27/2021 07/27/21 | Sold | $5,750,000 | -1.7% | $1,292 / Sq Ft | |
| 06/12/2021 06/12/21 | Pending | -- | -- | -- | |
| 06/02/2021 06/02/21 | For Sale | $5,850,000 | +424.7% | $1,314 / Sq Ft | |
| 03/13/2019 03/13/19 | Sold | $1,115,000 | -12.8% | $665 / Sq Ft | View Prior Sale |
| 02/05/2019 02/05/19 | For Sale | $1,278,000 | -13.4% | $763 / Sq Ft | |
| 09/28/2016 09/28/16 | Sold | $1,475,000 | -17.8% | $880 / Sq Ft | View Prior Sale |
| 05/06/2016 05/06/16 | For Sale | $1,795,000 | -- | $1,071 / 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 | $100,571 | $5,240,359 | $2,632,500 | $2,607,859 |
| 2024 | $92,407 | $5,157,975 | -- | -- |
| 2023 | $92,407 | $4,689,069 | $0 | $0 |
| 2022 | $83,019 | $4,262,790 | $1,443,000 | $2,819,790 |
| 2021 | $21,217 | $975,000 | $975,000 | $0 |
| 2020 | $21,287 | $976,052 | $975,000 | $1,052 |
| 2019 | $25,322 | $1,183,309 | $1,063,140 | $120,169 |
| 2018 | $22,894 | $1,095,169 | $975,000 | $120,169 |
| 2017 | $27,327 | $1,252,900 | $0 | $0 |
| 2016 | $20,954 | $789,149 | $0 | $0 |
| 2015 | $18,025 | $717,409 | $0 | $0 |
| 2014 | $16,713 | $652,190 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nelson Gonzalez
-
Minette Schwartz
Buyer's Agent in 2021
Minette Schwartz
Compass Florida, LLC
(305) 439-6628
2 in this area
91 Total Sales
-
Karise Claramonte
Seller's Agent in 2019
Karise Claramonte
Beachfront Realty Inc
(305) 405-0615
-
Robert Ziehm
Seller's Agent in 2016
Robert Ziehm
Sterling Equity Realty LLC
(305) 804-4848
15 Total Sales
-
Shelly Abramowitz
Buyer's Agent in 2016
Shelly Abramowitz
Museum Park Realty, LLC.
(305) 753-4154
17 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11049128
APN: 02-3232-005-0550
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 420 N Hibiscus Dr
- 375 S Hibiscus Dr
- 405 N Hibiscus Dr Unit 110
- 375 N Hibiscus Dr
- 440 S Hibiscus Dr
- 441 N Hibiscus Dr
- 360 S Hibiscus Dr
- 279 N Hibiscus Dr
- 271 N Hibiscus Dr
- 253 N Coconut Ln
- 297 N Coconut Ln
- 291 Palm Ave
- 14 W San Marino Dr
- 185 Palm Ave
- 200 N Hibiscus Dr
- 290 S Coconut Ln
- 29 E San Marino Dr
- 288 S Coconut Ln
- 210 Palm Ave
- 34 W Dilido Dr
- 400 N Hibiscus Dr
- 106 W 4th Ct
- 433 S Hibiscus Dr
- 100 W 4th Ct
- 115 W 4th Ct
- 380 N Hibiscus Dr
- 387 N Hibiscus Dr
- 400 S Hibiscus Dr
- 405 N Hibiscus Dr Unit 108
- 405 N Hibiscus Dr Unit 106
- 405 N Hibiscus Dr Unit 210
- 405 N Hibiscus Dr Unit 109
- 405 N Hibiscus Dr
- 405 N Hibiscus Dr Unit 205
- 405 N Hibiscus Dr Unit 105
- 405 N Hibiscus Dr Unit 201
- 405 N Hibiscus Dr Unit 102
- 405 N Hibiscus Dr Unit 104
- 405 N Hibiscus Dr Unit 101
- 405 N Hibiscus Dr Unit 204
Your Personal Tour Guide
Ask me questions while you tour the home.