O
Seller's Agent in 2024
Oren Alexander
MMLS Assoc.-Inactive Member
1220 S Biscayne Point Rd Miami Beach, FL 33141
Biscayne Point Neighborhood
5
Beds
6
Baths
5,423
Sq Ft
0.26
Acres
Highlights
- Property has ocean access
- Up to 60-Foot Boat
- Property Fronts a Bay or Harbor
- Private Dock
- Boat Lift
- 3-minute walk to Crespi Park
About This Home
As of May 2024Largest new villa in Biscayne Point in Miami Beach with 7451 sq ft of construction and 5423 under AC.Stunning open bay views from this contemporary villa.New seawall and dock to accommodate a 60Ft yacht, 3K pound double jet ski lift.Sun exposed pool all day.Large manicured garden perfect for entertaining. Smart home controlled from your phone: TV,cameras,alarm,lights,pool,shades,etc.High ceilings.Ground floors and bathrooms in Italian vena grigio marble.Top floors American walnut wood.Italian kitchen Sub Zero appliances outdoor large BBQ, ice maker and refrigerator.Outdoor pool shower Lutron RF system.Service quarters with bedroom/bath. Convertible studio into a 6 bedroom house. Full state of the art gym.House faces South
5 blocks away from the beach, 5 minutes away from Bal Harbor Shops
Last Agent to Sell the Property
Maria Teresa Picon
MMLS Assoc.-Inactive Member License #3275928 Listed on: 11/30/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $56,775
Year Built
- Built in 2015 | Newly Remodeled
Lot Details
- 0.26 Acre Lot
- 75 Ft Wide Lot
- Property Fronts a Bay or Harbor
- Home fronts a canal
- South Facing Home
- Property is zoned 0800
HOA Fees
- $13 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 4 Attached Carport Spaces
- Automatic Garage Door Opener
- Paver Block
Property Views
- Bay
- Canal
Home Design
- Slab Foundation
- Piling Construction
Interior Spaces
- 5,423 Sq Ft Home
- 2-Story Property
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Drapes & Rods
- Blinds
- Family Room
- Open Floorplan
- Den
- Storage Room
Kitchen
- Breakfast Area or Nook
- Self-Cleaning Oven
- Gas Range
- Free-Standing Freezer
- Ice Maker
- Dishwasher
- Cooking Island
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Upstairs
- Studio bedroom
- Closet Cabinetry
- Walk-In Closet
- Maid or Guest Quarters
- 6 Full Bathrooms
- Dual Sinks
- Jettted Tub and Separate Shower in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Home Security
- Intercom Access
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Pool
- Heated In Ground Pool
- Outdoor Shower
- Pool Equipment Stays
Outdoor Features
- Property has ocean access
- No Fixed Bridges
- Canal Width is 121 Feet or More
- Boat Lock
- Boat Lift
- Up to 60-Foot Boat
- Private Dock
- Balcony
- Exterior Lighting
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Generator Hookup
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 02-32-03-001-1430
Community Details
Overview
- Biscayne Point Subdivision
Recreation
- Tennis Courts
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2023
Closed on
May 15, 2024
Sold by
Sbp 1220 Mb Llc
Bought by
1220 S Biscayne Point Rd Llc
Seller's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
Buyer's Agent
Yann Yves Benhamou
Beachfront Realty Inc
List Price
$12,500,000
Sold Price
$10,200,000
Premium/Discount to List
-$2,300,000
-18.4%
Views
220
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
-$1,323,149
Avg. Annual Appreciation
-4.33%
Original Mortgage
$6,630,000
Outstanding Balance
$6,554,678
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$3,061,594
Purchase Details
Listed on
Feb 18, 2021
Closed on
Jul 17, 2021
Sold by
Lloyd Oliver Morris and Lloyd Laurie Nehmen
Bought by
Sbp 1220 Mb Llc
Seller's Agent
Oliver Lloyd
Douglas Elliman
Buyer's Agent
Salesperson Non Member
Non-MLS Member
List Price
$9,750,000
Sold Price
$8,700,000
Premium/Discount to List
-$1,050,000
-10.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Purchase Details
Listed on
Nov 30, 2018
Closed on
Jul 6, 2020
Sold by
Stillwater Real Properties Llc
Bought by
Lloyd Oliver Morris and Lloyd Laurie Nehmen
Seller's Agent
Maria Teresa Picon
MMLS Assoc.-Inactive Member
Buyer's Agent
Oliver Lloyd
Douglas Elliman
List Price
$6,200,000
Sold Price
$5,540,000
Premium/Discount to List
-$660,000
-10.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.34%
Purchase Details
Listed on
Apr 1, 2012
Closed on
Apr 27, 2012
Sold by
Irvin Jayne
Bought by
Stillwater Real Properties Llc
Seller's Agent
Jack Vines
MMLS Assoc.-Inactive Member
Buyer's Agent
Billy Hernandez
Douglas Elliman
List Price
$8,958,000
Sold Price
$835,000
Premium/Discount to List
-$8,123,000
-90.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.89%
Purchase Details
Closed on
Apr 8, 2011
Sold by
Lopez Jose D and Lopez Caridad N
Bought by
Irvin Jayne
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 | $10,200,000 | None Listed On Document | |
| Deed | $8,700,000 | Attorney | |
| Warranty Deed | $5,540,000 | Attorney | |
| Warranty Deed | $835,000 | Attorney | |
| Warranty Deed | $665,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $6,630,000 | New Conventional | |
| Previous Owner | $3,878,000 | New Conventional | |
| Previous Owner | $1,800,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2024 05/15/24 | Sold | $10,200,000 | -11.3% | $1,881 / Sq Ft |
| 02/21/2024 02/21/24 | Pending | -- | -- | -- |
| 11/29/2023 11/29/23 | Price Changed | $11,500,000 | -8.0% | $2,121 / Sq Ft |
| 08/04/2023 08/04/23 | For Sale | $12,500,000 | +43.7% | $2,305 / Sq Ft |
| 07/19/2021 07/19/21 | Sold | $8,700,000 | -11.5% | $1,604 / Sq Ft |
| 06/04/2021 06/04/21 | Pending | -- | -- | -- |
| 04/06/2021 04/06/21 | Price Changed | $9,825,000 | +0.2% | $1,812 / Sq Ft |
| 03/08/2021 03/08/21 | Price Changed | $9,810,000 | -6.1% | $1,809 / Sq Ft |
| 02/27/2021 02/27/21 | Price Changed | $10,450,000 | +7.2% | $1,927 / Sq Ft |
| 02/18/2021 02/18/21 | For Sale | $9,750,000 | +76.0% | $1,798 / Sq Ft |
| 07/15/2020 07/15/20 | Sold | $5,540,000 | -10.6% | $1,022 / Sq Ft |
| 06/14/2020 06/14/20 | Pending | -- | -- | -- |
| 11/30/2018 11/30/18 | For Sale | $6,200,000 | +642.5% | $1,143 / Sq Ft |
| 04/27/2012 04/27/12 | Sold | $835,000 | -90.7% | $74 / Sq Ft |
| 04/09/2012 04/09/12 | Pending | -- | -- | -- |
| 04/01/2012 04/01/12 | For Sale | $8,958,000 | -- | $796 / 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 | $167,230 | $9,182,361 | $3,937,500 | $5,244,861 |
| 2024 | $155,736 | $8,806,509 | -- | -- |
| 2023 | $155,736 | $8,005,918 | $0 | $0 |
| 2022 | $137,433 | $7,278,108 | $1,856,224 | $5,421,884 |
| 2021 | $82,664 | $4,286,825 | $1,350,053 | $2,936,772 |
| 2020 | $55,540 | $2,833,912 | $1,293,768 | $1,540,144 |
| 2019 | $55,914 | $2,849,936 | $1,293,768 | $1,556,168 |
| 2018 | $56,775 | $2,978,528 | $1,406,338 | $1,572,190 |
| 2017 | $54,594 | $2,730,495 | $0 | $0 |
| 2016 | $53,041 | $2,482,269 | $0 | $0 |
| 2015 | $19,275 | $799,995 | $0 | $0 |
| 2014 | $17,048 | $727,269 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Isaac Lustgarten
Seller Co-Listing Agent in 2024
Isaac Lustgarten
The Corcoran Group
(305) 695-6300
1 in this area
32 Total Sales
-
Yann Yves Benhamou
Y
Buyer's Agent in 2024
Yann Yves Benhamou
Beachfront Realty Inc
(786) 222-3338
4 in this area
5 Total Sales
-
Oliver Lloyd
Seller's Agent in 2021
Oliver Lloyd
Douglas Elliman
(305) 677-5000
1 in this area
35 Total Sales
-
Salesperson Non Member
S
Buyer's Agent in 2021
Salesperson Non Member
Non-MLS Member
-
M
Seller's Agent in 2020
Maria Teresa Picon
MMLS Assoc.-Inactive Member
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10578792
APN: 02-3203-001-1430
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