NOT LISTED FOR SALE

1233 NE 81st Terrace Miami, FL 33138

Upper East Side North Neighborhood

Estimated Value: $2,023,000 - $2,341,000

4 Beds
2 Baths
2,554 Sq Ft
$861/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $1,300,000 $509 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $14,015/month

76 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Marble Flooring
  • Private Dock
  • Canal View
  • No HOA

About This Home

As of August 2021

Spacious updated waterfront 4/2 Key Largo-style home w/11-ft elevation two lots off Biscayne Bay in hot Shorecrest location. 70ft deep water, no fixed bridges. New construction of multimillion-dollar waterfront estates happening in area. Foundation will support additional construction of 2nd story. Interior significantly remodeled, marble floors, wood cabinetry in large open kitchen, large master suite, designer baths w/high-end fixtures, large and distinct living spaces. Tiki hut to enjoy the bay breezes.

Last Agent to Sell the Property

Kimberly O'Mahony

BHHS EWM Realty License #0689746 Listed on: 03/05/2021

BHHS EWM Realty

Last Buyer's Agent

Sam Gaita

The Corcoran Group License #3254175

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,887

Year Built

  • Built in 1975

Lot Details

  • 6,930 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,554 Sq Ft Home
  • 1-Story Property
  • Sliding Windows
  • Storage Room
  • Marble Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Open Parking

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bay Crest Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-08-019-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,887

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: NE 10TH AVENUE TO 83RD STREET, EAST ON 83RD STREET TO 12TH AVENUE, RIGHT ON 12TH AVENUE TO 81ST TERRACE, LEFT ON 81ST TERRACE. HOUSE IS ON THE LEFT.
  • Garage Yn: No
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BAY CREST SEC 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Split Bedroom, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2554
  • Possible Use: Unknown/Withheld
  • Window Features: Impact Glass, Sliding
  • Bedroom Features: Master Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen
  • Living Room Features: Storage Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: Canal, Water
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Front, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BAY CREST SEC 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-08-019-0050
  • Lot Size Sq Ft: 6930
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Fredericks Ruth May and Ruth May Fredericks Revocable Trust
Bought by
Fredericks Ruth May
Current Estimated Value
$2,197,830

Purchase Details

Listed on
Mar 5, 2021
Closed on
Aug 18, 2021
Sold by
Garcia Lazaro
Bought by
Fredericks Ruth May
Seller's Agent
Kimberly O'Mahony
BHHS EWM Realty
Buyer's Agent
Sam Gaita
The Corcoran Group
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.63%

Purchase Details

Closed on
Oct 13, 1998
Sold by
Garcia Lazaro and Garcia Maria E
Bought by
Garcia Lazaro

Purchase Details

Closed on
Dec 19, 1997
Sold by
Ferdinand and Ferro Gladys
Bought by
Garcia Lazaro and Garcia Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,650
Interest Rate
7.26%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Fredericks Ruth May -- None Listed On Document
Fredericks Ruth May -- None Listed On Document
Fredericks Ruth May $1,300,000 Attorney
Garcia Lazaro $79,000 --
Garcia Lazaro $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Lazaro $310,000
Previous Owner Garcia Lazaro $499,999
Previous Owner Garcia Lazaro $310,000
Previous Owner Garcia Lazaro $143,800
Previous Owner Garcia Lazaro $360,000
Previous Owner Garcia Lazaro $140,000
Previous Owner Garcia Lazaro $158,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $1,300,000 -6.8% $509 / Sq Ft
03/05/2021 03/05/21 For Sale $1,395,000 -- $546 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $24,479 $1,280,828 -- --
2024 $24,362 $1,244,731 -- --
2023 $24,362 $1,208,477 $0 $0
2022 $23,701 $1,173,279 $568,243 $605,036
2021 $3,938 $209,195 $0 $0
2020 $3,887 $206,307 $0 $0
2019 $3,796 $201,669 $0 $0
2018 $3,631 $197,172 $0 $0
2017 $3,587 $193,117 $0 $0
2016 $3,600 $189,145 $0 $0
2015 $3,635 $187,831 $0 $0
2014 $3,671 $186,341 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly O'Mahony

    Seller's Agent in 2021

    Kimberly O'Mahony

    BHHS EWM Realty

    (305) 674-4000

    5 in this area

    21 Total Sales

    Section Image
  • Sam Gaita

    Buyer's Agent in 2021

    Sam Gaita

    The Corcoran Group

    (786) 668-2599

    1 in this area

    8 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11009031

MIAMI REALTORS® MLS

APN: 01-3208-019-0050

Florida Miami/Dade County Miami 33138 Upper East Side North

1233 NE 81st Terrace, Miami, FL

This home is located at 1233 NE 81st Terrace, Miami, FL 33138 since 05 March 2021 and is currently estimated at $2,197,830, approximately $860 per square foot. This property was built in 1975. 1233 NE 81st Terrace is a home located in Miami-Dade County with nearby schools including Jesse J. McCrary Jr. Elementary School, Horace Mann Middle School, and Miami Edison Senior High School.

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.

MIAMI REALTORS® MLS 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.

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