$9,850,000
SOLD NOV 21, 2024
-- Bed
-- Bath
3,390 Sq Ft
0.31 Acres

Recently Sold

$2,906 Per Sq Ft

18% Below List Price

283 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • North Beach Elementary School Rated A-
  • Dock Available
  • No HOA

About This Home

As of November 2024

Don’t miss the opportunity to build your dream home in one of the most coveted neighborhoods in Miami, the
Venetian islands. Located on the southern side of San Marco Island, this highly sought-after waterfront lot,
features breathtaking skyline views of downtown Miami and over 90 feet of water frontage perfect for parking your
yacht. This 13,380 sq foot lot also sits on a quiet cul-de-sac street away from the main causeway for an added feel
of privacy. This property will not last! the structure has been demolished so the property is being sold for lot value. For additional information please contact listing broker directly.

Last Agent to Sell the Property

Javier Portal

Green Group Realty, LLC. License #3386051 Listed on: 01/16/2024

Last Buyer's Agent

Dina Goldentayer

Douglas Elliman License #3116846

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $237,911

Year Built

  • Built in 1941

Lot Details

  • 0.31 Acre Lot
  • 92 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Property is zoned 0100

Property Views

  • Ocean
  • Bay

Home Design

  • 3,390 Sq Ft Home

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Property has ocean access
  • Dock Available

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • San Marco Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-32-001-0240

Home Details

Home Type

Single Family

Est. Annual Taxes

$237,911

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Dock Available,Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SAN MARCO
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Interior Amenities: First Floor Entry, No Additional Rooms
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 3390
  • Other Equipment: No Equipment
  • Possible Use: Unknown/Withheld
  • Bedroom Features: None
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Other
  • View: Bay, Ocean
  • Exterior Features: None
  • Construction Type: Other
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SAN MARCO
  • Open Parking: Yes
  • Parking Features: Other, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-32-001-0240
  • Lot Size Sq Ft: 13380
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 237911

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Nov 21, 2024
Sold by
Venetian Five Star Investments Llc
Bought by
Venetian View Llc
Seller's Agent
Javier Portal
Green Group Realty, LLC.
Buyer's Agent
Dina Goldentayer
Douglas Elliman
List Price
$12,000,000
Sold Price
$9,850,000
Premium/Discount to List
-$2,150,000
-17.92%
Views
355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.42%

Purchase Details

Listed on
Jan 16, 2024
Closed on
Nov 19, 2024
Sold by
Bank Of New York and Cwalt Inc Alternative Loan Trust
Bought by
Venetian View Llc
Seller's Agent
Javier Portal
Green Group Realty, LLC.
Buyer's Agent
Dina Goldentayer
Douglas Elliman
List Price
$12,000,000
Sold Price
$9,850,000
Premium/Discount to List
-$2,150,000
-17.92%
Views
355

Purchase Details

Closed on
Jan 25, 2024
Sold by
Rose Ivor H
Bought by
Cwalt Inc Alternative Loan Tr and Bank Of New York

Purchase Details

Closed on
May 10, 2023
Sold by
Stern Layne Harris
Bought by
Depau Vincenzo

Purchase Details

Closed on
Mar 1, 2021
Sold by
Rose Ivor H
Bought by
Venetian Five Star Investments Llc

Purchase Details

Closed on
Jan 25, 2007
Sold by
Venetian Estates Lc
Bought by
Rose Ivor H and Stern Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,545
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 22, 2006
Sold by
Miller Duane F and Miller Mary Ellen
Bought by
Venetian Estates Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,520,000
Interest Rate
6.67%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Certificate Of Transfer $3,500,100 --
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- Attorney
Warranty Deed $3,920,000 Attorney
Warranty Deed $3,500,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,400,000 Balloon
Previous Owner $462,545 Credit Line Revolving
Previous Owner $2,500,000 Negative Amortization
Previous Owner $2,520,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 For Sale $13,500,000 +37.1% --
11/21/2024 11/21/24 Sold $9,850,000 -3.9% $2,906 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
06/29/2024 06/29/24 Price Changed $10,250,000 -14.6% $3,024 / Sq Ft
02/09/2024 02/09/24 For Sale $12,000,000 -- $3,540 / 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 $237,911 $11,105,400 $11,105,400 --
2023 $237,911 $11,555,065 $11,105,400 $449,665
2022 $147,566 $7,139,665 $6,690,000 $449,665
2021 $105,078 $4,887,315 $0 $0
2020 $96,187 $4,608,491 $4,281,600 $326,891
2019 $95,452 $5,277,502 $4,950,600 $326,902
2018 $77,290 $3,671,913 $3,345,000 $326,913
2017 $88,558 $3,579,881 $0 $0
2016 $86,713 $3,254,438 $0 $0
2015 $70,777 $2,958,580 $0 $0
2014 $64,495 $2,689,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11515348

MIAMI REALTORS® MLS

APN: 01-3232-001-0240