NOT LISTED FOR SALE

Estimated Value: $5,310,000 - $19,513,414

8 Beds
9.5 Baths
9,438 Sq Ft
$1,315/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $15,000,000 $1,589 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $92,736/month

1,210 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Property Fronts a Bay or Harbor
  • North Beach Elementary School Rated A-
  • 2 Bedroom Guest House
  • Home Theater

About This Home

As of April 2021

Reminiscent of an opulent Italian villa, this magnificent Sunset Island estate affords space, privacy, and luxury on an expansive 20,000 SF lot overlooking sparkling Biscayne Bay. A private driveway, stunning lush landscaping and intricately thought-out, custom designed spaces lead to luxury living at its finest. This one-of-a-kind smart residence offers 8BR, 9+1BA & boasts 9,647 SF including a separate 2 bedroom,2 bathroom guest house. Offering 100 ft on deep water w/a dock and boatlift, the outdoors are an entertainers paradise w/a beautiful heated pool w/spa & expansive outdoor patio. Feat include:oversized gourmet kitchen w/top of the line appliances, fine Jerusalem stone floors, elegant crown molding throughout, Crestron controlled, custom built entertainment center and library/office

Last Agent to Sell the Property

Jill Hertzberg

Coldwell Banker Realty License #0551544 Listed on: 12/08/2017

Coldwell Banker Realty

Co-Listed By

Jill Eber

Coldwell Banker Realty License #0333469

Last Buyer's Agent

Daniel Hertzberg

Coldwell Banker Realty License #3212309

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $125,082

Year Built

  • Built in 2001

Lot Details

  • 0.46 Acre Lot
  • 100 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is zoned 2100

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Studio
  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,438 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Fireplace
  • Arched Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Storage Room
  • Wood Flooring
  • Bay Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock
  • Balcony
  • Exterior Lighting

Additional Homes

  • 2 Bedroom Guest House
  • Two Bathroom Guest House
  • Guest House Includes Kitchen

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 02-32-28-001-0860

Community Details

Overview

  • Club Membership Required
  • Sunset Islands Island No Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$125,082

Year Built

Built in 2001

Lot Details

0

HOA Fees

$117 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SUNSET ISLANDS-ISLAND NO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 2 Baths, 2 Bedrooms, Kitchen
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Washer
  • Interior Amenities: Built-in Features, Exclusions, Entrance Foyer, French Doors, Walk-In Closet(s), Wet Bar, Family Room, Media Room, Storage, Studio Apartment, Utility Room/Laundry
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Furnished: Unfurnished
  • Living Area: 9438
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Arched Windows
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Family Room, Media Room, Storage Room, Studio Apartment, Utility Room/Laundry
  • Master Bathroom Features: Whirlpool/Spa

Exterior Features

  • Roof: Other
  • View: Bay
  • Exterior Features: 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
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SUNSET ISLANDS-ISLAND NO
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 1400
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-32-28-001-0860
  • Lot Size Sq Ft: 20000
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 125082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Apr 15, 2021
Sold by
Piazza Michael J and Piazza Michael J
Bought by
Zalaznick Barbara and Jeffrey Zalaznick 1998 Trust
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Daniel Hertzberg
Coldwell Banker Realty
List Price
$14,750,000
Sold Price
$15,000,000
Premium/Discount to List
$250,000
1.69%
Current Estimated Value
$12,411,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,588,293
Avg. Annual Appreciation
-1.54%

Purchase Details

Closed on
Jan 25, 2008
Sold by
Marcovitz Sophia D
Bought by
Piazza Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 1997
Sold by
Palm Bay Bermont Inc
Bought by
Marcovitz Sophia D
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Zalaznick Barbara $15,000,000 Seagull Title Company
Piazza Michael J $10,000,000 Attorney
Marcovitz Sophia D $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zalaznick Barbara $8,250,000
Previous Owner Piazza Michael J $50,000,000
Previous Owner Piazza Michael J $8,000,000
Previous Owner Marcovitz Sophia $2,000,000
Previous Owner Marcovitz Sophia $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $15,000,000 0.0% $1,589 / Sq Ft
07/28/2020 07/28/20 Off Market $15,000,000 -- --
06/29/2020 06/29/20 For Sale $14,750,000 -1.7% $1,563 / Sq Ft
04/01/2020 04/01/20 Off Market $15,000,000 -- --
09/09/2019 09/09/19 Price Changed $14,750,000 -12.7% $1,563 / Sq Ft
10/02/2018 10/02/18 Price Changed $16,900,000 0.0% $1,791 / Sq Ft
10/02/2018 10/02/18 For Sale $16,900,000 +12.7% $1,791 / Sq Ft
07/10/2018 07/10/18 Off Market $15,000,000 -- --
12/08/2017 12/08/17 For Sale $18,500,000 -- $1,960 / 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 $299,889 $16,430,546 -- --
2024 $280,153 $14,936,860 -- --
2023 $280,153 $13,578,964 $0 $0
2022 $231,945 $12,344,513 $8,400,000 $3,944,513
2021 $136,931 $7,132,827 $0 $0
2020 $135,392 $7,034,347 $0 $0
2019 $132,460 $6,876,195 $0 $0
2018 $126,119 $6,747,984 $0 $0
2017 $125,082 $6,609,191 $0 $0
2016 $124,951 $6,473,253 $0 $0
2015 $138,541 $7,033,056 $0 $0
2014 $140,942 $6,977,239 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10377036

MIAMI REALTORS® MLS

APN: 02-3228-001-0860