6
Beds
8.5
Baths
7,940
Sq Ft
0.69
Acres
Highlights
- Ocean View
- Property has ocean access
- Property fronts an intracoastal waterway
- South Pointe Elementary School Rated A-
- Private Dock
- 1-minute walk to Palm Island Park
About This Home
As of July 2015Enjoy spectacular views of the bay and Miami skyline while watching the cruise ships pass by right in front of this exceptional Mediterranean style home.Built in an oversized lot,30,000 sf, in gated Palm Island, with 100 ft on the water,new boat lift for up to 32,000 lbs & modern sensor alarm for boat dock,4 new AC, power generator to run full house, outside lighting timer, gas heated pool with color change feature, high impact windows & doors, elevator,maid's quarter, movie theater,surround sound system.
Last Agent to Sell the Property
Compass Florida, LLC License #0701033 Listed on: 01/20/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $104,979
Year Built
- Built in 1998
Lot Details
- 0.69 Acre Lot
- Lot Dimensions are 100x300
- Property fronts an intracoastal waterway
- Property Fronts a Bay or Harbor
- Southeast Facing Home
- Property is zoned 22/EST 2
Parking
- 4 Car Attached Garage
- Driveway
- Guest Parking
- Open Parking
Property Views
- Ocean
- Intracoastal
Home Design
- Mediterranean Architecture
- Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 7,940 Sq Ft Home
- 2-Story Property
- Furnished
- Built-In Features
- Vaulted Ceiling
- Blinds
- Entrance Foyer
- Family Room
- Formal Dining Room
- Home Theater
Kitchen
- Built-In Oven
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom Upstairs
- Closet Cabinetry
- Walk-In Closet
- Maid or Guest Quarters
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Home Security
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Accessible Home Design
- Accessible Elevator Installed
Pool
- Heated In Ground Pool
- Pool Bathroom
Outdoor Features
- Property has ocean access
- Boat Lift
- Private Dock
- Patio
- Exterior Lighting
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 02-42-05-001-0352
Community Details
Overview
- No Home Owners Association
- Palm Island Subdivision
Recreation
- Tennis Courts
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2014
Closed on
Jul 20, 2015
Sold by
Star Finance Llc
Bought by
177 Realty Corp
Seller's Agent
Luciana Barreto, P.A.
Compass Florida, LLC
Buyer's Agent
Albert Justo
One Sotheby's International Re
List Price
$15,000,000
Sold Price
$8,600,000
Premium/Discount to List
-$6,400,000
-42.67%
Purchase Details
Listed on
Nov 30, 2011
Closed on
Feb 6, 2013
Sold by
Wheeler Daniel A and Wheeler Irena
Bought by
Star Finance Llc
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Brunno Assis
MMLS Assoc.-Inactive Member
List Price
$11,500,000
Sold Price
$10,625,000
Premium/Discount to List
-$875,000
-7.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.27%
Purchase Details
Closed on
Sep 11, 2008
Sold by
Adrian Pedro J and Adrian Olga M
Bought by
Wheeler Daniel M and Daniel M Wheeler Separate Property Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,850,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 20, 2005
Sold by
Herzberg Barbara
Bought by
Adrian Pedro J and Adrian Olga M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,200,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 2004
Sold by
Herzberg Sam and Herzberg Barbara
Bought by
Herzberg Barbara
Purchase Details
Closed on
Dec 29, 1998
Sold by
Schnur Steven A and Schnur Donna
Bought by
Herzberg Sam and Herzberg Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 8, 1995
Sold by
Nesic Eugene M
Bought by
Schnur Steven A and Schnur Donna E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
8.89%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $8,600,000 | Attorney | |
| Warranty Deed | $10,625,000 | Attorney | |
| Warranty Deed | $9,750,000 | Attorney | |
| Quit Claim Deed | $100,000 | -- | |
| Quit Claim Deed | $100,000 | -- | |
| Warranty Deed | $7,750,000 | Lenders Title Services | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $2,130,000 | -- | |
| Warranty Deed | $855,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $5,850,000 | Purchase Money Mortgage | |
| Previous Owner | $6,850,000 | Stand Alone Second | |
| Previous Owner | $6,200,000 | Purchase Money Mortgage | |
| Previous Owner | $2,250,000 | New Conventional | |
| Previous Owner | $2,000,000 | New Conventional | |
| Previous Owner | $555,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2024 11/20/24 | For Sale | $60,000,000 | +597.7% | $3,965 / Sq Ft |
| 07/20/2015 07/20/15 | Sold | $8,600,000 | 0.0% | $1,083 / Sq Ft |
| 04/16/2015 04/16/15 | Off Market | $8,600,000 | -- | -- |
| 03/31/2015 03/31/15 | Price Changed | $10,450,000 | -5.0% | $1,316 / Sq Ft |
| 01/23/2015 01/23/15 | Price Changed | $11,000,000 | -7.6% | $1,385 / Sq Ft |
| 01/16/2015 01/16/15 | Price Changed | $11,900,000 | -7.8% | $1,499 / Sq Ft |
| 06/05/2014 06/05/14 | Price Changed | $12,900,000 | -7.2% | $1,625 / Sq Ft |
| 05/07/2014 05/07/14 | Price Changed | $13,900,000 | -7.3% | $1,751 / Sq Ft |
| 01/20/2014 01/20/14 | For Sale | $15,000,000 | +41.2% | $1,889 / Sq Ft |
| 02/06/2013 02/06/13 | Sold | $10,625,000 | -7.6% | $1,338 / Sq Ft |
| 01/08/2013 01/08/13 | Pending | -- | -- | -- |
| 11/30/2011 11/30/11 | For Sale | $11,500,000 | -- | $1,448 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $213,900 | $10,102,290 | -- | -- |
| 2024 | $175,102 | $9,183,900 | -- | -- |
| 2023 | $175,102 | $8,349,000 | $0 | $0 |
| 2022 | $154,826 | $7,590,000 | $0 | $0 |
| 2021 | $135,617 | $6,900,000 | $6,900,000 | $0 |
| 2020 | $135,972 | $6,900,000 | $6,900,000 | $0 |
| 2019 | $136,103 | $6,900,000 | $6,900,000 | $0 |
| 2018 | $132,049 | $6,900,000 | $6,900,000 | $0 |
| 2017 | $134,008 | $6,900,000 | $0 | $0 |
| 2016 | $136,057 | $6,900,000 | $0 | $0 |
| 2015 | $150,899 | $6,409,614 | $0 | $0 |
| 2014 | $139,324 | $5,826,922 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Albert Justo
Seller's Agent in 2024
Albert Justo
One Sotheby's International Re
(786) 326-9613
7 in this area
38 Total Sales
-
Mirce Curkoski
Seller Co-Listing Agent in 2024
Mirce Curkoski
One Sotheby's International Re
(305) 538-9711
5 in this area
27 Total Sales
-
Luciana Barreto, P.A.
Seller's Agent in 2015
Luciana Barreto, P.A.
Compass Florida, LLC
(305) 322-6268
52 Total Sales
-
Cristiana Machado
C
Seller Co-Listing Agent in 2015
Cristiana Machado
Cervera Real Estate Inc.
(305) 778-5673
6 Total Sales
-
Jill Eber
Seller's Agent in 2013
Jill Eber
Coldwell Banker Realty
(305) 915-2556
6 in this area
137 Total Sales
-
Jill Hertzberg
Seller Co-Listing Agent in 2013
Jill Hertzberg
Coldwell Banker Realty
(305) 788-5455
8 in this area
179 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A1895036
APN: 02-4205-001-0352
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