NOT LISTED FOR SALE

Estimated Value: $4,794,000 - $20,974,617

7 Beds
9 Baths
9,039 Sq Ft
$1,425/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $14,600,000 $1,615 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $89,261/month

149 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Heated In Ground Pool
  • North Beach Elementary School Rated A-
  • Up to 80-Foot Boat
  • Home fronts a canal

About This Home

As of September 2019

Imagine an idyllic sanctuary nestled on a private island enclave on Miami Beach, Florida, where fine living, serenity and nature meet. 1435 West 27th Street on Sunset Island II is the perfect place to call home; a haven of pure beauty, exceptional architecture and design and tranquil water views. Whether walking through the Koi filled Zen Garden, entertaining in the lushly landscaped back yard with summer kitchen, basking in heated salt water pool or relaxing on your boat, 1435 W 27th St. is a haven of pure beauty waiting for you.

Last Agent to Sell the Property

Melissa Rubin

Compass Florida, LLC License #3014580 Listed on: 03/20/2019

Compass Florida, LLC

Co-Listed By

Rachel Kader

Compass Florida, LLC License #3440719

Last Buyer's Agent

Nelson Gonzalez

BHHS EWM Realty License #0449460

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $256,738

Year Built

  • Built in 2013

Lot Details

  • 0.46 Acre Lot
  • 100 Ft Wide Lot
  • Home fronts a canal
  • South Facing Home
  • Fenced
  • Property is zoned 2100

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Electric Vehicle Home Charger
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Elevated Home
  • Barrel Roof Shape

Interior Spaces

  • 9,039 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Wood Flooring
  • Canal Views
  • High Impact Door

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Canal Width is 81-120 Feet
  • Up to 80-Foot Boat
  • Private Dock
  • Balcony
  • Deck
  • Outdoor Grill

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Sunset Islands Island No Subdivision
  • Maintained Community
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Listing and Financial Details

  • Assessor Parcel Number 02-32-28-001-0840

Home Details

Home Type

Single Family

Est. Annual Taxes

$256,738

Year Built

Built in 2013

Lot Details

0

HOA Fees

$208 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2013
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock, Up to 80 Ft Boat
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SUNSET ISLANDS-ISLAND NO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Pantry, Volume Ceilings, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Maid/In-Law Quarters, Storage
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Furnished: Furnished
  • Living Area: 9039
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Storage Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Canal, Water
  • Exterior Features: Built-In Grill, Open Balcony, Outdoor Shower
  • Construction Type: Elevated Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Canal Width 81-120 Feet
  • 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: Covered, Driveway, Electric Vehicle Charging Station(s), No Rv/Boats, No Trucks/Trailers

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Maintained Community, Public Road
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 02-32-28-001-0840
  • Lot Size Sq Ft: 20000
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 256738

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
Sep 11, 2019
Sold by
Aloia G Peter D and Aloia Marguerite D
Bought by
Noble Martin S
Seller's Agent
Melissa Rubin
Compass Florida, LLC
Buyer's Agent
Nelson Gonzalez
BHHS EWM Realty
List Price
$17,900,000
Sold Price
$14,600,000
Premium/Discount to List
-$3,300,000
-18.44%
Current Estimated Value
$12,884,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,715,691
Avg. Annual Appreciation
-0.69%
Original Mortgage
$87,600
Outstanding Balance
$77,004
Interest Rate
3.56%
Estimated Equity
$13,935,092

Purchase Details

Listed on
Mar 1, 2013
Closed on
Jan 15, 2014
Sold by
Palos Sunset 2 Lllp
Bought by
Daloia G Peter
Seller's Agent
Esther Percal
BHHS EWM Realty
Buyer's Agent
Melissa Rubin
Compass Florida, LLC
List Price
$15,900,000
Sold Price
$15,500,000
Premium/Discount to List
-$400,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.05%
Original Mortgage
$7,750,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 20, 2011
Closed on
Aug 20, 2012
Sold by
Sharpstein Richard A and Sharpstein Janice Burton
Bought by
Palos Sunset Island 2 Lllp
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Esther Percal
BHHS EWM Realty
List Price
$4,150,000
Sold Price
$4,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
154.61%

Purchase Details

Closed on
Mar 12, 1997
Sold by
Lie Henry W and Suntrust Bank
Bought by
Sharpstein Richard A and Burton Sharpst Janice
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
Noble Martin S $14,600,000 Attorney
Daloia G Peter $1,550,000 Attorney
Palos Sunset Island 2 Lllp $4,150,000 Attorney
Sharpstein Richard A $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharpstein Richard A $87,600
Previous Owner Daloia Peter $7,750,000
Previous Owner Sharpstein Richard A --
Previous Owner Daloia G Peter $7,750,000
Previous Owner Sharpstein Richard A $972,500
Previous Owner Sharpstein Richard A $500,000
Previous Owner Sharpstein Richard A $970,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $14,600,000 -18.4% $1,615 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $17,900,000 +15.5% $1,980 / Sq Ft
01/15/2014 01/15/14 Sold $15,500,000 -6.1% $1,476 / Sq Ft
01/03/2014 01/03/14 Pending -- -- --
05/29/2013 05/29/13 Price Changed $16,500,000 +3.8% $1,571 / Sq Ft
03/01/2013 03/01/13 For Sale $15,900,000 +283.1% $1,514 / Sq Ft
08/20/2012 08/20/12 Sold $4,150,000 0.0% $946 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
10/20/2011 10/20/11 For Sale $4,150,000 -- $946 / 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 $226,197 $12,428,809 -- --
2024 $220,819 $12,078,532 -- --
2023 $220,819 $11,726,731 $0 $0
2022 $213,145 $11,385,176 $0 $0
2021 $212,633 $11,053,569 $0 $0
2020 $210,248 $10,900,956 $0 $0
2019 $255,433 $13,222,059 $5,600,000 $7,622,059
2018 $256,738 $13,694,279 $5,992,000 $7,702,279
2017 $260,977 $13,745,440 $0 $0
2016 $260,717 $13,462,723 $0 $0
2015 $266,944 $13,514,024 $0 $0
2014 $247,917 $11,998,174 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10640075

MIAMI REALTORS® MLS

APN: 02-3228-001-0840