NOT LISTED FOR SALE

1270 NE 87th St Miami, FL 33138

Upper East Side North Neighborhood

Estimated Value: $4,358,000 - $6,074,000

6 Beds
4.5 Baths
3,067 Sq Ft
$1,714/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $2,650,000 $864 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $34,392/month

47 Days on Market

Highlights

  • Private Dock
  • Up to 100-Foot Boat
  • 1 Bedroom Guest House
  • Phyllis R. Miller Elementary School Rated 9+
  • Guest House
  • Boat Lift

About This Home

As of September 2020

Boater’s dream home in Miami's chic Upper East Side & MIMO District. Enormous prime corner lot with 240 ft of waterfront, 100 ft of dockage that can accommodate a yacht and two additional vessels. Enjoy amazing water and city views of Miami Beach from every window in this two story fully updated home featuring 5 bedrooms and 3.5 baths, plus a 1/1 separate guest quarters, open eat-in gourmet kitchen, formal dining, impressive fireplace, cabana bath, travertine & hardwood style floors throughout. Indulge in a fabulous pool with slide, waterfall and outdoor kitchen. Drive to enjoy the MIMO district fine restaurants, art galleries, and shopping or boat to dinner at restaurants on Normandy and Treasure Islands.

Last Agent to Sell the Property

Mirlan Saad

LoKation License #3181488 Listed on: 07/25/2020

LoKation

Last Buyer's Agent

Joseph Marocoo

London Foster Realty License #3327439

London Foster Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,351

Year Built

  • Built in 1949

Lot Details

  • 0.33 Acre Lot
  • 240 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Property Views

  • Bay
  • Canal

Home Design

  • Studio
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,067 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Combination Dining and Living Room
  • Den
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • In-Law or Guest Suite

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Boat Lock
  • Boat Lift
  • Up to 100-Foot Boat
  • Private Dock
  • Outdoor Grill

Additional Homes

  • Guest House
  • 1 Bedroom Guest House
  • One Bathroom Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bay Canal Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-08-023-0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,351

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Boatlock,Private Dock, Up to 100 Ft Boat
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BAY CANAL
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Pantry, Den/Library/Office, Separate Guest/In-Law Quarters, Studio Apartment, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3067
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs, Other
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Separate Guest/In-Law Quarters, Guest House, Studio Apartment, Utility Room/Laundry

Exterior Features

  • Roof: Other
  • View: Bay, Canal
  • Exterior Features: Barbeque
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Guest House
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BAY CANAL
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road, Sidewalks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-08-023-0020
  • Lot Size Sq Ft: 14416
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9351

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Oct 16, 2020
Sold by
Fortezza Family Properties Llc
Bought by
1270 Ne 87Th Street Llc
Seller's Agent
Mirlan Saad
LoKation
Buyer's Agent
Joseph Marocoo
London Foster Realty
List Price
$2,750,000
Sold Price
$2,650,000
Premium/Discount to List
-$100,000
-3.64%
Current Estimated Value
$5,256,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,606,288
Avg. Annual Appreciation
14.76%

Purchase Details

Listed on
Jul 25, 2020
Closed on
Sep 21, 2020
Sold by
Diaz Veronica M and Diaz Veronica M
Bought by
Fortezza Family Properties Llc
Seller's Agent
Mirlan Saad
LoKation
Buyer's Agent
Joseph Marocoo
London Foster Realty
List Price
$2,750,000
Sold Price
$2,650,000
Premium/Discount to List
-$100,000
-3.64%

Purchase Details

Closed on
Mar 8, 2004
Sold by
Diaz Veronica M and Martinez Jessica M
Bought by
The Veronica M Diaz Revocable Living Tr

Purchase Details

Closed on
Dec 28, 2001
Sold by
Veronica M Diaz I
Bought by
Diaz Veronica M

Purchase Details

Closed on
Dec 27, 1999
Sold by
Neal and Lechtner Katherine C
Bought by
Diaz Veronica M
Source: Public Records

Range of Values:

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Average Value
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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
1270 Ne 87Th Street Llc -- Attorney
Fortezza Family Properties Llc $2,650,000 Attorney
The Veronica M Diaz Revocable Living Tr -- --
Diaz Veronica M $100 --
Diaz Veronica M $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1270 Ne 87Th Street Llc $1,850,000
Previous Owner Diaz Veronica M $750,000
Previous Owner Diaz Veronica M $250,000
Previous Owner Diaz Veronica M $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $2,650,000 -3.6% $864 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $2,750,000 -- $897 / 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 $67,355 $3,068,107 -- --
2024 $63,098 $2,789,189 -- --
2023 $63,098 $2,535,627 $0 $0
2022 $48,975 $2,305,116 $0 $0
2021 $44,904 $2,095,560 $1,586,140 $509,420
2020 $9,557 $472,522 $0 $0
2019 $9,351 $461,899 $0 $0
2018 $8,523 $430,715 $0 $0
2017 $8,432 $421,857 $0 $0
2016 $8,490 $413,181 $0 $0
2015 $8,582 $410,309 $0 $0
2014 $8,677 $407,053 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mirlan Saad

    Seller's Agent in 2020

    Mirlan Saad

    LoKation Real Estate

    (305) 812-0532

    2 in this area

    41 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    Joseph Marocoo

    London Foster Realty

    (305) 588-6489

    1 in this area

    1 Total Sale

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10894105

MIAMI REALTORS® MLS

APN: 01-3208-023-0020

Florida Miami/Dade County Miami 33138 Upper East Side North

1270 NE 87th St, Miami, FL

This home is located at 1270 NE 87th St, Miami, FL 33138 since 25 July 2020 and is currently estimated at $5,256,288, approximately $1,713 per square foot. This property was built in 1949. 1270 NE 87th St is a home located in Miami-Dade County with nearby schools including Phyllis R. Miller 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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