NOT LISTED FOR SALE

124 11th St Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated Value: $3,295,343

2 Beds
3 Baths
2,458 Sq Ft
$1,341/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $2,400,000 $976 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $20,961/month

196 Days on Market

Highlights

  • Deck
  • Balcony
  • Closet Cabinetry
  • No HOA
  • High Impact Door
  • 2-minute walk to Lummus Park

About This Home

As of April 2021

Step inside this unique opportunity to own a 3-story Ocean Townhouse one block from famous Ocean Drive and steps to the sand. Currently the property has a 2 Beds / 2 Baths on the top two levels while the ground floor space has the ability to be converted into a 2 Bed + 1 bath living space or a 1 car garage as per owner. The unit is offered turn key furnished and has been fully renovated to maintain Art Deco charm while having modern day necessities.

Last Agent to Sell the Property

Mathieu Rochette

Compass Florida, LLC. License #3375498 Listed on: 07/10/2020

Compass Florida, LLC.

Last Buyer's Agent

Jesse Spencer

Compass Florida, LLC. License #3282789

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,979

Year Built

  • Built in 1920

Lot Details

  • 1,300 Sq Ft Lot
  • North Facing Home
  • Property is zoned 6501

Interior Spaces

  • 2,458 Sq Ft Home
  • Family or Dining Combination
  • High Impact Door
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Ocean Beach Addn No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-008-0270

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,979

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1920
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Three Or More Stories
  • Directions: Use GPS
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: OCEAN BEACH ADDN NO 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Second Floor Entry, Third Floor Entry, Closet Cabinetry, Elevator, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2458
  • Possible Use: Primary
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: Other
  • Exterior Features: Lighting, Open Balcony
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN BEACH ADDN NO 2
  • Parking Features: None

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: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-34-008-0270
  • Lot Size Sq Ft: 1300
  • Zoning: 6501
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 16979

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Apr 6, 2021
Sold by
Italian Studios Llc
Bought by
George Austin
Seller's Agent
Mathieu Rochette
Compass Florida, LLC.
Buyer's Agent
Jesse Spencer
Compass Florida, LLC.
List Price
$2,650,000
Sold Price
$2,400,000
Premium/Discount to List
-$250,000
-9.43%
Current Estimated Value
$3,295,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$895,343
Avg. Annual Appreciation
8.05%
Original Mortgage
$1,800,000
Outstanding Balance
$1,633,463
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,714,044

Purchase Details

Closed on
Jul 14, 2009
Sold by
Italian Annex Llc
Bought by
Italian Studios Llc

Purchase Details

Closed on
Jun 17, 2008
Sold by
Schellino Paolo
Bought by
Italian Annex Llc

Purchase Details

Closed on
May 9, 2008
Sold by
Forth Emerson W and Burmeister Samantha S
Bought by
Italian Studios Llc

Purchase Details

Closed on
Aug 31, 2000
Sold by
Volk Ronald M
Bought by
Lava Lounge Inc

Purchase Details

Closed on
May 10, 1996
Sold by
Vilgrain Jean S and Vilgrain Stanislas
Bought by
Volk Ronald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 1994
Sold by
Clapham House Inv Corp
Bought by
Vilgrain Jean S and Vilgrain Stanislas
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
George Austin $2,400,000 Attorney
Italian Studios Llc -- Attorney
Italian Annex Llc -- Sunrise Title Inc
Italian Annex Llc -- Sunrise Title Inc
Italian Annez Llc -- Sunrise Title Inc
Italian Studios Llc $1,380,000 Attorney
Lava Lounge Inc $620,000 --
Volk Ronald M $330,000 --
Vilgrain Jean S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Austin $1,800,000
Previous Owner Volk Ronald M $496,000
Previous Owner Volk Ronald M $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $2,400,000 -9.4% $976 / Sq Ft
07/10/2020 07/10/20 For Sale $2,650,000 -- $1,078 / 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 $32,718 $1,775,282 $650,000 $1,125,282
2024 $37,016 $1,782,351 $650,000 $1,132,351
2023 $37,016 $2,000,000 $650,000 $1,350,000
2022 $36,804 $2,000,000 $650,000 $1,350,000
2021 $16,980 $879,414 $650,000 $229,414
2020 $17,078 $882,161 $650,000 $232,161
2019 $16,979 $876,158 $650,000 $226,158
2018 $16,525 $878,802 $650,000 $228,802
2017 $16,785 $881,443 $0 $0
2016 $16,997 $875,028 $0 $0
2015 $14,996 $756,914 $0 $0
2014 $14,519 $688,755 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mathieu Rochette

    Seller's Agent in 2021

    Mathieu Rochette

    Compass Florida, LLC.

    (305) 343-1438

    1 in this area

    48 Total Sales

    Section Image
  • Jesse Spencer

    Buyer's Agent in 2021

    Jesse Spencer

    Compass Florida, LLC.

    (305) 632-7195

    1 in this area

    28 Total Sales

    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10889664

MIAMI REALTORS® MLS

APN: 02-3234-008-0270

Florida Miami/Dade County Miami Beach 33139 Lummus Park

124 11th St, Miami Beach, FL

This home is located at 124 11th St, Miami Beach, FL 33139 since 10 July 2020 and is currently estimated at $3,295,343, approximately $1,340 per square foot. This property was built in 1920. 124 11th St is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach 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.

Nearby Homes