NOT LISTED FOR SALE

Estimated Value: $5,699,000 - $9,678,972

5 Beds
6.5 Baths
6,397 Sq Ft
$1,168/Sq Ft Est. Value

Last Sold December 03, 2014

Last sale price $4,385,000 $685 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $45,475/month

747 Days on Market

Highlights

  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • Gated Community
  • Private Dock
  • In Ground Pool
  • 4-minute walk to Stillwater Park

About This Home

As of December 2014

UNDER CONSTRUCTION! ENJOY THE WATERFRONT LIFESTYLE FROM THIS CUSTOM 5/6/1 BAYFRONT HOME. FIRST LEVEL: 2-STORY LIVING RM W/ FIREPLACE, FORMAL DINING RM, GOURMET KITCHEN, BREAKFAST RM, MEDIA/FAMILY RM & BEDRM/DEN. 2ND LEVEL: MASTER SUITE+3BEDS/3BA & LIVING AREA. 3RD LEVEL: OPEN SITTING AREA. AMENITIES: INFINITY POOL W/ HOT TUB, GAZEBO, 2 GARAGES & CENTRAL VAC. SITUATED ON MIAMI BEACH'S HIDDEN TREASURE AND GUARD GATED BISCAYNE POINT ISLAND! DOCK PERMIT APP IN PROCESS!

Last Agent to Sell the Property

Sandra Edelman

MMLS Assoc.-Inactive Member License #0034997 Listed on: 09/06/2012

Co-Listed By

Melissa Edelman

Douglas Elliman License #3021547

Last Buyer's Agent

Julia Pulles

Coldwell Banker Realty License #0630783

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,138

Year Built

  • Built in 2007

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 7500x150
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Property is zoned 8 /S FM

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 6,397 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Den
  • Sun or Florida Room
  • Bay Views

Kitchen

  • Self-Cleaning Oven
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Washer and Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Private Dock

Location

  • Flood Zone Lot
  • East of U.S. Route 1

Schools

  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-03-001-2350

Community Details

Overview

  • No Home Owners Association
  • Biscayne Point Pb 14 35,Biscayne Point Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,138

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size: 7500x150
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BISCAYNE POINT PB 14-35,BISCAYNE POINT
  • Year Built Details: Unknown
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry, Other, Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 6397
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Other, Utility Room/Laundry

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Water
  • Exterior Features: Other
  • Direction Faces: North
  • Disclosures: Disclosure
  • Lot Features: East Of US 1, Flood Zone Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BISCAYNE POINT PB 14-35
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Covered

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-03-001-2350
  • Lot Size Sq Ft: 11250
  • Zoning: 8 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 12138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2012
Closed on
Nov 28, 2014
Sold by
Biscayne Point Corp
Bought by
The Gregory Butler Living Trust
Seller's Agent
Sandra Edelman
MMLS Assoc.-Inactive Member
Buyer's Agent
Julia Pulles
Coldwell Banker Realty
List Price
$4,900,000
Sold Price
$4,385,000
Premium/Discount to List
-$515,000
-10.51%
Total Days on Market
747
Current Estimated Value
$7,474,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,089,493
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Jul 11, 2008
Sold by
Crouch Ii Jay V
Bought by
Biscayne Point Corp

Purchase Details

Closed on
May 17, 2000
Sold by
Charles and Greenspan Esther
Bought by
Crouch Ii Jay V
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
The Gregory Butler Living Trust $4,385,000 Sunbelt Title Agency
Biscayne Point Corp $1,240,500 Attorney
Crouch Ii Jay V $384,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Gregory $2,927,000
Closed Butler Gregory $3,000,000
Previous Owner Crouch Ii Jay V $200,000
Previous Owner Crouch Ii Jay V $1,200,000
Previous Owner Crouch Ii Jay V $30,400
Previous Owner Crouch Ii Jay V $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2014 12/03/14 Sold $4,385,000 -10.5% $685 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
05/21/2014 05/21/14 Price Changed $4,900,000 0.0% $766 / Sq Ft
05/21/2014 05/21/14 For Sale $4,900,000 +11.7% $766 / Sq Ft
05/18/2014 05/18/14 Off Market $4,385,000 -- --
05/12/2014 05/12/14 For Sale $3,900,000 -11.1% $610 / Sq Ft
11/05/2013 11/05/13 Off Market $4,385,000 -- --
09/09/2013 09/09/13 Price Changed $3,900,000 +11.4% $610 / Sq Ft
09/06/2012 09/06/12 For Sale $3,500,000 -- $547 / 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
2024 $69,691 $3,784,191 -- --
2023 $69,691 $3,673,972 $0 $0
2022 $66,928 $3,566,964 $0 $0
2021 $66,759 $3,463,072 $1,350,053 $2,113,019
2020 $66,276 $3,429,265 $1,293,768 $2,135,497
2019 $66,785 $3,451,740 $1,293,768 $2,157,972
2018 $66,654 $3,544,916 $0 $0
2017 $66,097 $3,472,004 $0 $0
2016 $65,977 $3,400,592 $0 $0
2015 $67,640 $3,376,954 $0 $0
2014 $14,877 $551,342 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1685406

MIAMI REALTORS® MLS

APN: 02-3203-001-2350