1220 S Biscayne Point Rd Miami Beach, FL 33141
Biscayne Point Neighborhood
6
Beds
6
Baths
5,423
Sq Ft
0.26
Acres
Highlights
- Private Dock
- Boat Lift
- Newly Remodeled
- Boating
- Property Fronts a Bay or Harbor
- 3-minute walk to Crespi Park
About This Home
As of May 2024This stunning modern villa with 7,451 SF of construction and 5,600 SF under AC is Biscayne Point's most desirable listing. The south facing, 11,250 SF lot offers a sun exposed pool all day with 75 FT on Biscayne Bay. Large manicured garden and full outdoor kitchen are perfect for entertaining your friends and family. Fully integrated smart home powered by Savant. Italian kitchen with Sub-Zero/ WOLF appliances. Service quarters with bedroom / bathroom. Five minutes from Bal Harbour Shops and 10 minutes from the heart of South Beach.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $55,540
Year Built
- Built in 2015 | Newly Remodeled
Lot Details
- 0.26 Acre Lot
- 75 Ft Wide Lot
- Property Fronts a Bay or Harbor
- South Facing Home
- Property is zoned 0800
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Driveway
- Paver Block
- Guest Parking
- Open Parking
Home Design
- Shingle Roof
Interior Spaces
- 5,423 Sq Ft Home
- 2-Story Property
- Built-In Features
- Awning
- Family Room
- Den
- Bay Views
- Dryer
Kitchen
- Gas Range
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 6 Bedrooms
- Sitting Area In Primary Bedroom
- Main Floor Bedroom
- Primary Bedroom Upstairs
- 6 Full Bathrooms
Outdoor Features
- Heated In Ground Pool
- No Fixed Bridges
- Seawall
- Boat Lift
- Private Dock
- Deck
- Outdoor Grill
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-32-03-001-1430
Community Details
Overview
- Property has a Home Owners Association
- Biscayne Point Subdivision
Recreation
- Boating
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
-$1,743,789
Avg. Annual Appreciation
-14.58%
Original Mortgage
$6,630,000
Outstanding Balance
$6,554,678
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$1,901,533
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
Similar Homes in the area
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
-
O
Seller's Agent in 2024
Oren Alexander
MMLS Assoc.-Inactive Member
-
Seller Co-Listing Agent in 2024
Isaac Lustgarten
The Corcoran Group
(305) 695-6300
1 in this area
32 Total Sales
-
Y
Buyer's Agent in 2024
Yann Yves Benhamou
Beachfront Realty Inc
(786) 222-3338
4 in this area
5 Total Sales
-
Seller's Agent in 2021
Oliver Lloyd
Douglas Elliman
(305) 677-5000
1 in this area
35 Total Sales
-
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: A10989878
APN: 02-3203-001-1430
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