Vanessa Gomez
Engel & Völkers Miami
(786) 321-8978
125 Total Sales
1 in Nautilus
$2,450,000 Price
1221 W 48th St Miami Beach, FL 33140
Nautilus NeighborhoodEstimated Value: $8,379,000 - $11,389,025
5
Beds
5.5
Baths
5,863
Sq Ft
$1,661/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- Property has ocean access
- Bay View
- North Beach Elementary School Rated A-
- Heated Pool
- 4-minute walk to Fisher Park
About This Home
As of September 2024Dive into bliss at 1221 W 48th Street nestled on 100 FT of waterfront! Fully-renovated, $350k+ in upgrades, move-in ready & can be fully turnkey. Modern Mediterranean villa boasts 5 beds/5.5 baths + an office. Oak floors, arched doorways & windows unveil water views. Gather by the fireplace or entertain in the TV lounge w/ a built-in bar, ice maker, fridge & sink. Chef's kitchen features Miele appliances & marble countertops. Primary suite includes dual walk-in closets, reading nook, dual vanities & oversized soaking tub. French doors blur the lines between interior & exterior spaces. Auto-blinds offer privacy & light control. Fire up the cabana BBQ w/ ice maker or play on the pro putting green. Outdoor cabana w/ shower. 2-car garage. New dock w/ shore power can accommodate a 70 FT yacht.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $153,627
Year Built
- Built in 1929 | Remodeled
Lot Details
- 16,000 Sq Ft Lot
- 100 Feet of Waterfront
- Property Fronts a Bay or Harbor
- Home fronts a canal
- South Facing Home
- Corner Lot
- Paved or Partially Paved Lot
- Sprinkler System
- Property is zoned 0100
Parking
- 2 Car Attached Garage
- Driveway
Property Views
- Bay
- Canal
- Pool
Home Design
- Entry on the 1st floor
- Spanish Tile Roof
Interior Spaces
- 5,863 Sq Ft Home
- 2-Story Property
- Built-In Features
- Bar
- Decorative Fireplace
- Drapes & Rods
- Blinds
- Arched Windows
- French Doors
- Formal Dining Room
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom on Main
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
- Soaking Tub
Laundry
- Dryer
- Washer
Outdoor Features
- Heated Pool
- Property has ocean access
- Deck
- Patio
- Outdoor Living Area
- Exterior Lighting
- Built-In Barbecue
- Awning
Schools
- North Beach Elementary School
- Miami Beach Nautilus Middle School
- Miami Beach High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Nautilus Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 0232220110510
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2024
Closed on
Sep 10, 2024
Sold by
Kluger Adam R and Ak 4800 Trust
Bought by
Buyer's Agent
Alyssa Brinegar Morgan
The Inside Network
List Price
$12,500,000
Sold Price
$10,300,000
Premium/Discount to List
-$2,200,000
-17.6%
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
-$517,520
Avg. Annual Appreciation
-2.78%
Original Mortgage
$6,695,000
Outstanding Balance
$6,537,578
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$3,201,430
Purchase Details
Closed on
Aug 29, 2022
Sold by
Ak 4800 Trust
Bought by
Ak 4800 Trust and Kluger
Purchase Details
Closed on
May 17, 2022
Sold by
Kluger Adam R
Bought by
Ak 4800 Trust and Kluger
Purchase Details
Closed on
Oct 25, 2021
Sold by
Global One Investment Group Ll
Bought by
Kluger Adam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,175,000
Interest Rate
2.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 6, 2019
Sold by
Cnb Re1 Holdings Llc
Bought by
Global One Investment Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.2%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 28, 2018
Sold by
Figuereo Santiago
Bought by
City National Bank Of Florida
Purchase Details
Closed on
May 30, 2014
Sold by
Macgarmen Holdings At 4800 Llc
Bought by
Figuereo Santiago and Figuereo Rosanna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 25, 2005
Sold by
Malinovsky Nicholas and Malinovsky Lydia
Bought by
Macgarmen Holdings At 4800 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
5.62%
Mortgage Type
Unknown
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Nautilus, FL
-
Vanessa Gomez
-
Michelle Kauffmann
Michelle Kauffmann
Miami Portfolio Collection
(786) 460-5090
40 Total Sales
1 in Nautilus
$1,975,000 Price
-
Nancy Batchelor
Nancy Batchelor
Compass Florida, LLC
(786) 685-4740
385 Total Sales
16 in Nautilus
$230K - $17.3M Price Range
-
Alexandra Sierra
Alexandra Sierra
Compass Florida, LLC
(786) 418-3917
122 Total Sales
1 in Nautilus
$1,550,000 Price
-
Tammy Stern
Tammy Stern
Synergy Realty of South Fl Inc
(877) 719-1302
75 Total Sales
1 in Nautilus
$299,900 Price
-
Jelena Khurana
Jelena Khurana
The Corcoran Group
(786) 767-6989
38 Total Sales
2 in Nautilus
$4,290,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $10,300,000 | None Listed On Document | ||
| Ak 4800 Trust | -- | None Listed On Document | |
| Ak 4800 Trust | -- | None Listed On Document | |
| Kluger Adam | $9,500,000 | None Listed On Document | |
| Global One Investment Group Llc | $3,450,000 | Attorney | |
| City National Bank Of Florida | $503,100 | None Available | |
| Figuereo Santiago | $3,500,000 | Attorney | |
| Macgarmen Holdings At 4800 Llc | $1,700,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $6,695,000 | ||
| Previous Owner | Kluger Adam | $6,175,000 | |
| Previous Owner | Global One Investment Group Llc | $3,000,000 | |
| Previous Owner | Figuereo Santiago | $350,000 | |
| Previous Owner | Figuereo Santiago | $2,800,000 | |
| Previous Owner | Macgarmen Holdings At 4800 Llc | $1,920,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/18/2024 09/18/24 | Sold | $10,300,000 | -17.6% | $1,757 / Sq Ft |
| 07/13/2024 07/13/24 | Pending | -- | -- | -- |
| 02/22/2024 02/22/24 | For Sale | $12,500,000 | -- | $2,132 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $157,376 | $9,571,193 | $7,660,800 | $1,910,393 |
| 2024 | $153,628 | $8,416,144 | ||
| 2023 | $153,628 | $8,171,014 | $0 | $0 |
| 2022 | $148,281 | $7,933,024 | $4,531,277 | $3,401,747 |
| 2021 | $71,191 | $3,687,101 | $3,025,213 | $661,888 |
| 2020 | $71,465 | $3,691,441 | $3,025,213 | $666,228 |
| 2019 | $71,619 | $3,695,782 | $3,025,213 | $670,569 |
| 2018 | $60,040 | $3,233,945 | $0 | $0 |
| 2017 | $59,540 | $3,167,429 | $0 | $0 |
| 2016 | $59,472 | $3,102,282 | $0 | $0 |
| 2015 | $60,236 | $3,080,717 | $0 | $0 |
| 2014 | $54,817 | $2,330,983 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Brandt
Seller Co-Listing Agent in 2024
Marc Brandt
Douglas Elliman
(954) 445-3033
1 in this area
51 Total Sales
-
Alyssa Brinegar Morgan
Buyer's Agent in 2024
Alyssa Brinegar Morgan
The Inside Network
(305) 804-2921
6 in this area
50 Total Sales
-
AE
Buyer's Agent in 2024
Alyssa Morgan Ende
The Inside Network
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A11532892
APN: 02-3222-011-0510
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.
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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