NOT LISTED FOR SALE

Estimated Value: $7,357,000 - $13,932,252

5 Beds
6 Baths
8,951 Sq Ft
$1,189/Sq Ft Est. Value

Sale Details

Date Sold: November 2, 2021

Last sale price $10,490,000 $1,172 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $76,675 / mo

372 Days on Market

Highlights

  • Property has ocean access
  • Guest House
  • Media Room
  • South Pointe Elementary School Rated 9+
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Palm Island Park

About This Home

As of November 2021

Live in paradise in this mediterranean-inspired waterfront estate located in exclusive community on Palm Island! Architecturally designed w/ large windows providing natural lighting, this 5 BD/4.2 BA home has open floor plan w/ spacious indoor living & covered outdoor living areas, surrounded by beautiful lush landscaping. 100FT of water frontage. Features include a dramatic foyer w/ soaring high ceilings, a grand living room w/ fireplace & 1800’s chandeliers, dining & breakfast spaces, unique cow-bone kitchen cabinets imported from Colombia, Oak Wood floors, an African Rosewood Media Room, a corner office, a bar w/ built-in aquarium, a master suite w/ 2 balconies, & more! Enjoy stunning views from a comfortable terrace, relax inside pool surrounded by lion-shaped fountains, & private dock

Last Agent to Sell the Property

Julian Johnston

The Corcoran Group License #3041178 Listed on: 10/19/2020

The Corcoran Group

Last Buyer's Agent

Julian Johnston

The Corcoran Group License #3041178 Listed on: 10/19/2020

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,982

Year Built

  • Built in 1996

Lot Details

  • 30,000 Sq Ft Lot
  • 100 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Property is zoned 2200

Parking

  • 3 Car Attached Garage
  • Driveway
  • Guest Parking
  • Open Parking
  • Golf Cart Parking

Home Design

  • Mediterranean Architecture
  • Studio

Interior Spaces

  • 8,951 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Media Room
  • Den
  • Recreation Room
  • Loft
  • Storage Room
  • Wood Flooring
  • Bay Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Cooking Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Additional Features

  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-05-001-0040

Community Details

Overview

  • No Home Owners Association
  • Palm Island Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,982

Year Built

Built in 1996

Lot Details

0.69 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Co List Office Mls Id: FLL404289
  • Co List Office Phone: (561) 655-9081
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: PALM ISLAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Other Equipment/Appliances, Refrigerator
  • Interior Amenities: First Floor Entry, Cooking Island, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Loft, Maid/In-Law Quarters, Media Room, Recreation Room, Storage, Studio Apartment
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 8951
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room, Guest House, Loft, Maid/In-Law Quarters, Media Room, Recreation Room, Storage Room, Studio Apartment
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Other
  • View: Bay, Other
  • Exterior Features: Built-In Grill, Lighting, Open Balcony
  • Direction Faces: East
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PALM ISLAND
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart Parking, Guest

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated, Gated Community

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-42-05-001-0040
  • Lot Size Sq Ft: 30000
  • Zoning: 2200
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 56982

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Nov 2, 2021
Sold by
Diskin Arthur L
Bought by
Shooker Douglas
Seller's Agent
Julian Johnston
The Corcoran Group
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$11,000,000
Sold Price
$10,490,000
Premium/Discount to List
-$510,000
-4.64%
Current Estimated Value
$10,685,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,086
Avg. Annual Appreciation
0.33%

Purchase Details

Closed on
Mar 2, 1994
Sold by
Environments Intl Corp
Bought by
Diskin Arthur L
Source: Public Records
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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
Shooker Douglas $9,297,800 Attorney
Diskin Arthur L -- --
Diskin Arthur L $750,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2021 11/02/21 Sold $10,490,000 -12.6% $1,172 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
12/15/2020 12/15/20 Price Changed $12,000,000 +9.1% $1,341 / Sq Ft
10/01/2020 10/01/20 For Sale $11,000,000 -- $1,229 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $229,561 $12,284,147 -- --
2024 $207,288 $11,642,452 -- --
2023 $207,288 $10,584,048 $10,500,000 $84,048
2022 $184,475 $9,662,450 $9,000,000 $662,450
2021 $58,840 $2,964,520 $0 $0
2020 $58,201 $2,923,590 $0 $0
2019 $56,982 $2,857,860 $0 $0
2018 $54,266 $2,804,574 $0 $0
2017 $54,143 $2,746,890 $0 $0
2016 $53,500 $2,690,392 $0 $0
2015 $53,666 $2,671,691 $0 $0
2014 $54,659 $2,650,488 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10935303

MIAMI REALTORS® MLS

APN: 02-4205-001-0040

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