Seller's Agent in 2023
Bohdan Mastykaz
Douglas Elliman
(305) 915-5933
2 in this area
230 Total Sales
1510 Bay Dr Miami Beach, FL 33141
Normandy Isle NeighborhoodEstimated Value: $6,920,000 - $8,378,306
5
Beds
7
Baths
5,165
Sq Ft
$1,463/Sq Ft
Est. Value
Highlights
- Direct Ocean View
- Deeded Boat Dock
- Newly Remodeled
- Property has ocean access
- Property fronts an intracoastal waterway
- Heated In Ground Pool
About This Home
As of August 2023Exceptional opportunity to own a breath taking, pristine Ultra-Modern waterfront masterpiece! This 5 bedroom luxury home boasts over 5000 Sq ft of living area and 53 ft of open water frontage. The exceptionally designed luxurious living space flawlessly connects interior with the exterior. Inside, an incredible living room with striking 20+ ft ceilings, featuring a gourmet kitchen. Italian cabinetry throughout all bathrooms and closets. Amazing open water views. Prominent size pool, spa and deck. LED exterior lighting for the lush landscaping. Adore the sunset from your exclusive third floor terrace or master spa bath. This home has it all. Remarkable for entertaining.
Last Agent to Sell the Property
Douglas Elliman License #3273519 Listed on: 01/23/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $71,548
Year Built
- Built in 2017 | Newly Remodeled
Lot Details
- 8,770 Sq Ft Lot
- Property fronts an intracoastal waterway
- Property Fronts a Bay or Harbor
- North Facing Home
- Property is zoned 0100
Property Views
- Direct Ocean
- Intracoastal
Home Design
- Split Level Home
- Flat Roof with Façade front
Interior Spaces
- 5,165 Sq Ft Home
- Wet Bar
- Vaulted Ceiling
- Skylights
- Fireplace
- Formal Dining Room
- Den
- Tile Flooring
Kitchen
- Built-In Oven
- Dishwasher
- Cooking Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- Maid or Guest Quarters
- 7 Full Bathrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
Home Security
- Complete Impact Glass
- High Impact Door
Parking
- 2 Attached Carport Spaces
- Driveway
- Paver Block
- Open Parking
Pool
- Heated In Ground Pool
- Pool Bathroom
Outdoor Features
- Property has ocean access
- No Fixed Bridges
- Deeded Boat Dock
- Balcony
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Community Details
- No Home Owners Association
- Island Of Normandy Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-32-10-001-1120
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2023
Closed on
Aug 2, 2023
Sold by
Garcia Gazzy
Bought by
Jones Aaron Larae
Seller's Agent
Bohdan Mastykaz
Douglas Elliman
Buyer's Agent
Jennifer Thomson
Coldwell Banker Realty
List Price
$9,499,500
Sold Price
$7,000,000
Premium/Discount to List
-$2,499,500
-26.31%
Views
365
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,327
Avg. Annual Appreciation
3.87%
Original Mortgage
$5,600,000
Outstanding Balance
$5,477,169
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$2,078,158
Purchase Details
Listed on
Apr 11, 2018
Closed on
Jul 3, 2019
Sold by
1510 Bay Dr Partners Llc
Bought by
Garcia Gazzy
Seller's Agent
Luis Dominguez
The Lab Realty Group, LLC
Buyer's Agent
Luisa Taylor
Globu Real Estate LLC
List Price
$4,890,000
Sold Price
$4,650,000
Premium/Discount to List
-$240,000
-4.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$3,255,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 24, 2005
Closed on
Apr 16, 2013
Sold by
Mason Daniel V and Mason Andrea G
Bought by
1510 Bay Dr Partners Llc
Seller's Agent
Fabian Garcia-Diaz
One Sotheby's International Re
Buyer's Agent
Christina Sosa
Compass Florida, LLC
List Price
$2,490,000
Sold Price
$1,100,000
Premium/Discount to List
-$1,390,000
-55.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.08%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jones Aaron Larae | $7,000,000 | Sunbelt Title Agency | |
| Garcia Gazzy | $4,650,000 | Attorney | |
| 1510 Bay Dr Partners Llc | $1,100,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jones Aaron Larae | $5,600,000 | |
| Previous Owner | Garcia Gazzy | $975,000 | |
| Previous Owner | Garcia Gazzy | $3,255,000 | |
| Previous Owner | 1510 Bay Dr Partners Llc | $2,500,000 | |
| Previous Owner | 1510 Bay Dr Partners Llc | $2,500,000 | |
| Previous Owner | Mw Investors Inc | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2023 08/18/23 | Sold | $7,000,000 | -3.4% | $1,355 / Sq Ft |
| 06/29/2023 06/29/23 | Pending | -- | -- | -- |
| 05/17/2023 05/17/23 | Price Changed | $7,249,500 | -3.3% | $1,404 / Sq Ft |
| 03/15/2023 03/15/23 | Price Changed | $7,500,000 | -13.8% | $1,452 / Sq Ft |
| 02/28/2023 02/28/23 | Price Changed | $8,700,000 | -8.4% | $1,684 / Sq Ft |
| 01/23/2023 01/23/23 | For Sale | $9,499,500 | +104.3% | $1,839 / Sq Ft |
| 07/03/2019 07/03/19 | Sold | $4,650,000 | 0.0% | $966 / Sq Ft |
| 10/01/2018 10/01/18 | Rented | $16,000 | -5.9% | -- |
| 09/18/2018 09/18/18 | Under Contract | -- | -- | -- |
| 08/09/2018 08/09/18 | For Rent | $17,000 | 0.0% | -- |
| 04/10/2018 04/10/18 | For Sale | $4,890,000 | +344.5% | $1,016 / Sq Ft |
| 04/16/2013 04/16/13 | Sold | $1,100,000 | -55.8% | $289 / Sq Ft |
| 03/08/2013 03/08/13 | Pending | -- | -- | -- |
| 08/24/2005 08/24/05 | For Sale | $2,490,000 | -- | $653 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $99,780 | $5,424,814 | $3,069,605 | $2,355,209 |
| 2024 | $85,230 | $5,309,911 | $2,929,383 | $2,380,528 |
| 2023 | $85,230 | $4,164,992 | $0 | $0 |
| 2022 | $71,548 | $3,786,357 | $0 | $0 |
| 2021 | $66,461 | $3,442,143 | $1,105,329 | $2,336,814 |
| 2020 | $71,171 | $3,676,272 | $1,315,442 | $2,360,830 |
| 2019 | $38,567 | $1,990,177 | $1,315,442 | $674,735 |
| 2018 | $34,940 | $1,858,105 | $1,183,784 | $674,321 |
| 2017 | $22,609 | $1,116,508 | $0 | $0 |
| 2016 | $25,253 | $1,235,917 | $0 | $0 |
| 2015 | $22,260 | $1,123,561 | $0 | $0 |
| 2014 | $20,867 | $1,027,077 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bohdan Mastykaz
-
Vanesa Carpignano
V
Seller Co-Listing Agent in 2023
Vanesa Carpignano
Douglas Elliman
(305) 790-1249
25 in this area
53 Total Sales
-
Jennifer Thomson
Buyer's Agent in 2023
Jennifer Thomson
Coldwell Banker Realty
(305) 846-1555
2 in this area
69 Total Sales
-
Luis Dominguez
Seller's Agent in 2019
Luis Dominguez
The Lab Realty Group, LLC
(305) 962-9592
1 in this area
47 Total Sales
-
Karl Hueck
Seller Co-Listing Agent in 2019
Karl Hueck
The Lab Realty Group, LLC
1 in this area
46 Total Sales
-
Luisa Taylor
Buyer's Agent in 2019
Luisa Taylor
Globu Real Estate LLC
(786) 214-0162
9 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11331462
APN: 02-3210-001-1120
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