NOT LISTED FOR SALE

Estimated Value: $1,789,000 - $2,585,000

3 Beds
2 Baths
1,592 Sq Ft
$1,429/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2022

Last sale price $2,260,000 $1,420 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $14,947 / mo

Highlights

  • Above Ground Pool
  • Furnished
  • No HOA

About This Home

As of December 2024

This is your opportunity to experience the PINNACLE of Miami Beach rental living - bar none. electronically-gated lot, this 3 bedroom, 2 bathroom home is equipped with a truly exceptional backyard: a sizable pool, outdoor shower, wood deck and patio where your greatest memories are yet to be made. Equipped with a backyard entrance for use by friends and family, this house is designed for those who have a knack to entertain and seek to maximize the art of indoor/outdoor living. This special property is located just steps from Lincoln Road and the quiet Flamingo/Lummus neighborhood of Miami Beach. Providing peace and quiet, yet proximity to all of the top Miami Beach restaurants, nightlife and shops, this rental simply offers it all.
Driving Directions:

Last Agent to Rent the Property

Ben Jacobs

Douglas Elliman License #3337671 Listed on: 12/04/2024

Douglas Elliman

Co-Listed By

Nathan Shore

Douglas Elliman License #3502336

Last Renter's Agent

Natalia Figueroa

Compass Florida, LLC License #3504006

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned 0100

Interior Spaces

  • 1,592 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • Above Ground Pool

Schools

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

Community Details

  • No Home Owners Association
  • Ocean Beach Addn No 3 Subdivision

Listing and Financial Details

  • Property Available on 12/15/24
  • Assessor Parcel Number 02-42-03-009-7200

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

7,500 Sq Ft Lot

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-12-15

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1947
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: DEOM10
  • Co List Office Phone: 305-677-5000
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: OCEAN BEACH ADDN NO 3
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Furnished
  • Living Area: 1592

Exterior Features

  • Pool Features: Above Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN BEACH ADDN NO 3

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel Number: 02-42-03-009-7200
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Jun 3, 2022
Sold by
Michael Krause
Bought by
Mehta Sahil and Mehta Suyash
Seller's Agent
Kevin Crego
MMLS Assoc.-Inactive Member
Buyer's Agent
Kevin Crego
MMLS Assoc.-Inactive Member
List Price
$2,250,000
Sold Price
$2,260,000
Premium/Discount to List
$10,000
0.44%
Current Estimated Value
$2,275,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,161
Avg. Annual Appreciation
0.17%
Original Mortgage
$1,808,000
Outstanding Balance
$1,709,623
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$565,538

Purchase Details

Listed on
Sep 11, 2018
Closed on
Apr 16, 2019
Sold by
Hankins Timothy Francis
Bought by
Krause Michael
Seller's Agent
Kevin Crego
MMLS Assoc.-Inactive Member
Buyer's Agent
Kevin Crego
MMLS Assoc.-Inactive Member
List Price
$1,590,000
Sold Price
$1,340,000
Premium/Discount to List
-$250,000
-15.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.17%
Original Mortgage
$750,000
Interest Rate
2.85%
Mortgage Type
Unknown

Purchase Details

Listed on
Jun 12, 2014
Closed on
Sep 2, 2014
Sold by
Snyder Eric B
Bought by
Hankins Timothy Francis
Seller's Agent
Joseph Schafer
Douglas Elliman
Buyer's Agent
Scott Klein
MMLS Assoc.-Inactive Member
List Price
$1,069,000
Sold Price
$1,069,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$855,200
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 15, 2011
Sold by
Chapel Ann Michele
Bought by
Snyder Eric B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
Sold by
Fereira Jose A and Fereira Hilda
Bought by
Chapel Ann Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
1.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mehta Sahil $2,260,000 Kellermann Varela Pl
Krause Michael $1,340,000 Attorney
Hankins Timothy Francis $1,069,000 Attorney
Snyder Eric B $645,000 Attorney
Chapel Ann Michelle $690,000 Acclaim Title & Services Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Mehta Sahil $1,808,000
Previous Owner Krause Michael $750,000
Previous Owner Hankins Timothy Francis $855,200
Previous Owner Snyder Eric B $516,000
Previous Owner Chapel Ann Michelle $517,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2024 11/29/24 Off Market $12,500 -- --
10/25/2024 10/25/24 For Rent $12,500 0.0% --
06/03/2022 06/03/22 Sold $2,260,000 +0.4% $1,474 / Sq Ft View Prior Sale
04/11/2022 04/11/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $2,250,000 +67.9% $1,468 / Sq Ft
04/16/2019 04/16/19 Sold $1,340,000 -3.9% $842 / Sq Ft View Prior Sale
03/20/2019 03/20/19 Pending -- -- --
01/28/2019 01/28/19 Price Changed $1,395,000 -12.3% $876 / Sq Ft
09/11/2018 09/11/18 For Sale $1,590,000 +48.7% $999 / Sq Ft
09/02/2014 09/02/14 Sold $1,069,000 0.0% $674 / Sq Ft View Prior Sale
06/19/2014 06/19/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $1,069,000 -- $674 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $31,623 $1,851,110 -- --
2024 $31,697 $1,682,828 $1,125,000 $557,828
2023 $31,697 $1,677,380 $1,113,750 $563,630
2022 $21,513 $1,072,526 $0 $0
2021 $18,826 $975,024 $712,500 $262,524
2020 $20,391 $1,053,275 $787,500 $265,775
2019 $13,491 $736,967 $600,000 $136,967
2018 $13,093 $737,307 $600,000 $137,307
2017 $15,412 $850,147 $0 $0
2016 $15,636 $845,524 $0 $0
2015 $15,835 $839,647 $0 $0
2014 $13,026 $681,336 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11703473

MIAMI REALTORS® MLS

APN: 02-4203-009-7200

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