$5,950,000
$250K PRICE DROP

Estimated payment $38,874/month

Total Views 10,456
4 Beds
3 Baths
3,934 Sq Ft
$1,512 Price per Sq Ft

Highlights

  • Property has ocean access
  • Boat Lift
  • Above Ground Pool
  • Dock Available
  • Property Fronts a Bay or Harbor
  • 4-minute walk to Stillwater Park

About This Home

Incredible opportunity to acquire this waterfront property priced at lot value on one of Miami Beach’s most exclusive gated islands. This 4BD/3.5BA home, approx. 3,934 SF under AC, sits on an oversized lot with 75 feet of open bay frontage and spectacular views. Ideal for a full remodel or complete redevelopment for the construction of a brand new house (Floor plans of a stunning new contemporary home available upon request) —bring architectural vision to life with your own custom masterpiece in a booming area. Just minutes from Bal Harbour, world-class beaches, dining & shopping. Rare chance to secure prime bay-front real estate at land-only pricing. Easy to show.

Listing Agent

Jim Agard

Vendome Capital LLC License #3270604 Listed on: 06/24/2025

Co-Listing Agent

Christelle Largeais

Vendome Capital LLC License #3312624

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $89,326

Year Built

  • Built in 1951

Lot Details

  • 0.26 Acre Lot
  • 75 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is zoned 0800

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Circular Driveway
  • Open Parking

Interior Spaces

  • 3,934 Sq Ft Home
  • 1-Story Property
  • Bar
  • Bay Views
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Above Ground Pool
  • Property has ocean access
  • Boat Lift
  • Dock Available
  • Deck
  • Porch

Utilities

  • Central Air
  • Heating Available

Community Details

  • Biscayne Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-03-001-2320

Home Details

Home Type

Single Family

Est. Annual Taxes

$89,326

Year Built

Built in 1951

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story, Other
  • Co List Office Mls Id: VDCP01
  • Co List Office Phone: 305-799-9781
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Dock Available,Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BISCAYNE POINT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 5950000
  • InternetRemarks: Waterfront lot priced to sell! 11,250 SF with 75’ open bay views. Renovate or build a dream home. 4BD/3.5BA, 3,934 SF under AC. Rare opportunity!
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Bar, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Other
  • Living Area: 3934
  • Bedroom Features: At Least 1 Bedroom Ground Level, Other
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: Bay, Other
  • Exterior Features: Other
  • Construction Type: Concrete Block Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Porch
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BISCAYNE POINT
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Other Subdivision - See Remarks

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-32-03-001-2320
  • Lot Size Sq Ft: 11250
  • Zoning: 0800

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 89326

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $89,326 $5,022,974 $3,937,500 $1,085,474
2024 $66,343 $4,695,873 $3,599,878 $1,095,995
2023 $66,343 $2,963,624 $0 $0
2022 $51,304 $2,694,204 $1,856,224 $837,980
2021 $11,257 $588,532 $0 $0
2020 $11,124 $580,407 $0 $0
2019 $10,890 $567,358 $0 $0
2018 $0 $556,780 $0 $0
2017 $10,364 $545,329 $0 $0
2016 $10,298 $534,113 $0 $0
2015 $10,544 $530,401 $0 $0
2014 $10,544 $526,192 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 For Rent $12,500 0.0% --
10/09/2025 10/09/25 Price Changed $5,950,000 -4.0% $1,512 / Sq Ft
06/24/2025 06/24/25 For Sale $6,200,000 0.0% $1,576 / Sq Ft
01/19/2023 01/19/23 Rented $11,000 -26.7% --
01/17/2023 01/17/23 For Rent $15,000 0.0% --
01/03/2023 01/03/23 Sold $5,550,000 0.0% $1,411 / Sq Ft View Prior Sale
01/03/2023 01/03/23 For Sale $5,550,000 -- $1,411 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,550,000 --
Warranty Deed $3,286,000 Attorney
Warranty Deed $3,286,000 None Listed On Document
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $100 --
Warranty Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,350,000 Purchase Money Mortgage
Previous Owner $673,500 New Conventional
Previous Owner $665,000 New Conventional
Previous Owner $536,250 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11827971

MIAMI REALTORS® MLS

APN: 02-3203-001-2320