NOT LISTED FOR SALE

Estimated Value: $2,998,000

9 Beds
11 Baths
8,699 Sq Ft
$345/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $17,550,000 $2,017 Per Sq Ft

Current estimated payment $19,333/month

570 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • 1 Bedroom Guest House
  • South Pointe Elementary School Rated A-
  • Guest House
  • Property Fronts a Bay or Harbor

About This Home

As of March 2014

Located on exclusive and guard-gated Star Island, this contemporary estate sits on a 40,000 SF lot w/unobstructed downtown Miami skyline & wide bay views. Features 9 BRs/9 full + 2 half BAs incl. 2 sep. guest suites, 2 staff rooms & 2 cabana baths. Uniqu e architectural & design elements such as wood, coffered ceilings, skylights, large windows in most rooms, family room, gym, wood-paneled study, large pool area with gazebo, second level sun/entertainment deck, ample dockage & 100' of water frontage.

Last Agent to Sell the Property

Jill Eber

Coldwell Banker Realty License #0333469 Listed on: 07/16/2012

Coldwell Banker Realty

Co-Listed By

Jill Hertzberg

Coldwell Banker Realty License #0551544

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $182,024

Year Built

  • Built in 1986

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 100x400
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Property is zoned 22/EST 2

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Property Views

  • Bay
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,699 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

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

Additional Homes

  • Guest House
  • 1 Bedroom Guest House
  • One Bathroom Guest House

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-04-001-0140

Community Details

Overview

  • No Home Owners Association
  • Star Island Corrected Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$182,024

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • Lot Size: 100x400
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: STAR ISLAND CORRECTED
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Bar, Built-in Features, Exclusions, Entrance Foyer, French Doors, Split Bedroom, Den/Library/Office, Family Room, Great Room, Media Room, Other
  • Spa Yn: Yes
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 8699
  • Possible Use: Unknown/Withheld
  • Window Features: Impact Glass, Other Windows
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Guest House, Media Room, Other
  • Master Bathroom Features: Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Pool
  • Exterior Features: Built-In Grill, Lighting, Open Balcony, Other
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: STAR ISLAND CORRECTED
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-42-04-001-0140
  • Lot Size Sq Ft: 40000
  • Zoning: 22/EST 2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 182024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2017
Sold by
Star Fifteen Llc
Bought by
Lindemann Frayda E
Current Estimated Value
$2,998,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000,000
Outstanding Balance
$20,910,342
Interest Rate
3.96%
Estimated Equity
-$16,094,342

Purchase Details

Listed on
Jul 16, 2012
Closed on
Mar 20, 2014
Sold by
15 Star Llc
Bought by
Star Fifteen Llc
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$16,900,000
Sold Price
$17,550,000
Premium/Discount to List
$650,000
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.68%
Original Mortgage
$10,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 23, 2011
Sold by
Osorio Claudio and Osorio Amarilis
Bought by
15 Star Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,900,000
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Closed on
May 16, 1997
Sold by
Vinkle Robert M and Vanvinkle Laura Van
Bought by
Osorio Claudio and Osorio Amarilis
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
Lindemann Frayda E -- Attorney
Star Fifteen Llc $17,550,000 Attorney
15 Star Llc $12,720,000 Attorney
Osorio Claudio $2,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osorio Claudio $25,000,000
Closed Lindemann Frayda E $25,000,000
Previous Owner Star Fifteen Llc $10,000,000
Previous Owner 15 Star Llc $5,900,000
Previous Owner Osorio Claudio $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2014 03/21/14 Sold $17,550,000 -7.1% $2,017 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
11/01/2013 11/01/13 Price Changed $18,900,000 +5.6% $2,173 / Sq Ft
03/20/2013 03/20/13 Price Changed $17,900,000 +5.9% $2,058 / Sq Ft
07/16/2012 07/16/12 For Sale $16,900,000 -- $1,943 / 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 $452,686 $24,302,672 -- --
2024 $440,822 $23,617,758 -- --
2023 $440,822 $22,929,863 $0 $0
2022 $425,813 $22,262,003 $0 $0
2021 $424,828 $21,613,596 $0 $0
2020 $419,877 $21,315,184 $10,400,000 $10,915,184
2019 $434,044 $22,025,483 $11,000,000 $11,025,483
2018 $418,786 $21,885,781 $0 $0
2017 $204,451 $9,812,000 $0 $0
2016 $205,667 $9,900,000 $0 $0
2015 $187,115 $9,000,000 $0 $0
2014 $192,698 $9,434,432 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1665283

MIAMI REALTORS® MLS

APN: 02-4204-001-0140