NOT LISTED FOR SALE

Estimated Value: $6,490,000 - $7,463,000

6 Beds
6 Baths
4,280 Sq Ft
$1,607/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $3,450,000 $806 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $43,947/month

Highlights

  • Property has ocean access
  • 1 Bedroom Guest House
  • Boat Lift
  • Private Dock
  • Property fronts an intracoastal waterway
  • 4-minute walk to Stillwater Park

About This Home

As of April 2021

First time on the market! This tastefully built Italian villa has 73 feet on the water on the North side of the 24 hour guard gated Biscayne Point Island with amazing open water views and the most amazing sunrise and sunsets that will take your breath away. 6 bedrooms, 6 full baths plus den/office. Formal dining room with the view of the courtyard and the fountain. Expansive living room with 20+ foot ceilings and floor to ceiling glass. Master bedroom is the only bedroom on the second floor with ultimate privacy and amazing bay views. 10 foot ceilings on the first and the second floor. Tile floors through out. Two car garage plus three car off street parking. Low maintenance, professionally landscaped grounds. Large pool with hot tub. Outside grill. Large permitted dock and boat lift!

Last Agent to Sell the Property

Berk Boge

Compass Florida, LLC License #0657334 Listed on: 03/03/2021

Compass Florida, LLC

Last Buyer's Agent

Sep Niakan

Blackbook Properties License #3102146

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,009

Year Built

  • Built in 1997

Lot Details

  • 0.25 Acre Lot
  • 73 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • South Facing Home
  • Property is zoned 0800

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Split Level Home
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,280 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Workshop
  • Atrium Room
  • Storage Room
  • Tile Flooring
  • Intracoastal Views
  • Complete Accordion Shutters

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • 6 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Auto Pool Cleaner

Outdoor Features

  • Property has ocean access
  • Boat Lift
  • Boat Hoist or Davit
  • Private Dock
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Includes Kitchen

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-03-001-2310

Community Details

Overview

  • No Home Owners Association
  • Biscayne Point Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,009

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Split Level
  • Directions: House has three zoned A/Cs, three water heaters and accordion hurricane shutters for the openings. One of the bedroom and bath is set up as guest quarter with separate entrance and kitchenette. Also there is a large storage room on the West side
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Boat Hoists/Davits,Private Dock,Unrestricted Salt Water Access, Electric Available
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BISCAYNE POINT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom, Kitchen
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Entrance Foyer, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Atrium, Maid/In-Law Quarters, Storage, Utility Room/Laundry, Workshop
  • Spa Yn: No
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Partially Furnished
  • Living Area: 4280
  • Possible Use: Primary
  • Window Features: Complete Accordian Shutters, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Atrium, Maid/In-Law Quarters, Storage Room, Utility Room/Laundry, Workshop
  • Master Bathroom Features: 2 Master Bathrooms, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof
  • View: Intracoastal View
  • Exterior Features: Built-In Grill, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: Auto Pool Clean, In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BISCAYNE POINT
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-03-001-2310
  • Lot Size Sq Ft: 10982
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 17009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 16, 2021
Sold by
Menendez Richard
Bought by
Gaertner Julien
Seller's Agent
Berk Boge
Compass Florida, LLC
Buyer's Agent
Sep Niakan
Blackbook Properties
List Price
$3,625,000
Sold Price
$3,450,000
Premium/Discount to List
-$175,000
-4.83%
Current Estimated Value
$6,878,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,428,482
Avg. Annual Appreciation
16.54%
Original Mortgage
$2,760,000
Outstanding Balance
$2,482,906
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,230,055

Purchase Details

Closed on
Feb 14, 2011
Sold by
Menendez Richard and Menendez Diane Delgado
Bought by
Menendez Richard

Purchase Details

Closed on
Jul 21, 1994
Sold by
Jonas Ivan and Jonas Teresa
Bought by
Menenedez Richard
Source: Public Records

Range of Values:

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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
Gaertner Julien $3,450,000 Casuso Title Services Llc
Menendez Richard -- Attorney
Menenedez Richard $416,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaertner Julien $2,760,000
Previous Owner Menendez Richard $400,000
Previous Owner Menendez Richard J $200,000
Previous Owner Menendez Richard $635,000
Previous Owner Menendez Richard $150,000
Previous Owner Menendez Richard $673,184
Previous Owner Menendez Richard $563,816
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $3,450,000 -13.8% $806 / Sq Ft
03/04/2021 03/04/21 Price Changed $4,000,000 +10.3% $935 / Sq Ft
03/03/2021 03/03/21 For Sale $3,625,000 -- $847 / 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 $77,623 $4,083,233 -- --
2024 $71,126 $3,713,086 -- --
2023 $71,126 $3,375,533 $0 $0
2022 $58,340 $3,068,667 $1,811,922 $1,256,745
2021 $17,209 $896,770 $0 $0
2020 $17,009 $884,389 $0 $0
2019 $16,649 $864,506 $0 $0
2018 $15,948 $848,387 $0 $0
2017 $15,803 $830,938 $0 $0
2016 $15,731 $813,848 $0 $0
2015 $15,946 $808,191 $0 $0
2014 $16,143 $801,777 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11007705

MIAMI REALTORS® MLS

APN: 02-3203-001-2310