$4,100,000
SOLD MAY 6, 2013
4 Beds
4.5 Baths
5,000 Sq Ft
0.36 Acres

Recently Sold

$820 Per Sq Ft

6% Below List Price

200 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Property Fronts a Bay or Harbor
  • North Beach Elementary School Rated A-
  • Boat Lift
  • 1-minute walk to Probus Park

About This Home

As of May 2013

Expansive glass and large comfortable spaces are the hallmarks of this island residence. GREAT for entertaining and for those who want to be pampered by their environment. Open floor plan, indoor water feature,built-in bar, huge master, sleek infinity poo l with bronze statue fountain, cozy media room, chef's kitchen with indoor grill, 70ft fully equipped dock and 2 car garage are all immaculate. Located on a prestigious gated island just a stroll away from world renown South Beach.

Last Agent to Sell the Property

Jeri Jenkins

Coldwell Banker Realty License #0315440 Listed on: 08/15/2012

Coldwell Banker Realty

Co-Listed By

Marlyn Liff

MMLS Assoc.-Inactive Member License #0580481

Last Buyer's Agent

Julian Johnston

The Corcoran Group License #3041178

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,701

Year Built

  • Built in 1954

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 90x175
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Property is zoned 8 /S FM

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Formal Dining Room
  • Den
  • Marble Flooring
  • Bay Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Boat Lift
  • Private Dock
  • Deck

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-28-001-1550

Community Details

Overview

  • No Home Owners Association
  • Sunset Islands Island No Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,701

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock
  • Lot Size: 90x175
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SUNSET ISLANDS ISLAND NO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Pantry, Den/Library/Office
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 5000
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Other
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • Roof: Flat Tile
  • View: Bay
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Other Lot Description
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: SUNSET ISLANDS ISLAND NO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-28-001-1550
  • Lot Size Sq Ft: 15750
  • Zoning: 8 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 14701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2012
Closed on
May 6, 2013
Sold by
Hackmeyer Mark and Hackmeyer Sharon
Bought by
239 East Rivo Alto Llc
Seller's Agent
Jeri Jenkins
Coldwell Banker Realty
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$4,350,000
Sold Price
$4,100,000
Premium/Discount to List
-$250,000
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$2,750,000
Interest Rate
4%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,750,000 Seller Take Back
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $38,995,000 0.0% $4,222 / Sq Ft
09/22/2023 09/22/23 Rented $120,000 0.0% --
08/16/2023 08/16/23 Price Changed $120,000 -4.0% $15 / Sq Ft
07/06/2023 07/06/23 Price Changed $125,000 +4.2% $16 / Sq Ft
07/06/2023 07/06/23 For Rent $120,000 0.0% --
05/08/2023 05/08/23 Under Contract -- -- --
04/28/2023 04/28/23 For Rent $120,000 +500.0% --
10/16/2017 10/16/17 Rented $20,000 -9.1% --
09/09/2016 09/09/16 Price Changed $22,000 -12.0% $5 / Sq Ft
09/08/2016 09/08/16 For Rent $25,000 +13.6% --
01/10/2016 01/10/16 Rented $22,000 -8.3% --
12/11/2015 12/11/15 Under Contract -- -- --
06/10/2014 06/10/14 For Rent $24,000 +9.1% --
01/15/2014 01/15/14 Rented $22,000 -8.3% --
12/16/2013 12/16/13 Under Contract -- -- --
12/13/2013 12/13/13 For Rent $24,000 0.0% --
05/06/2013 05/06/13 Sold $4,100,000 -5.7% $820 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
08/15/2012 08/15/12 For Sale $4,350,000 -- $870 / 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 $212,349 $10,609,229 -- --
2024 $139,862 $9,644,754 -- --
2023 $139,862 $5,750,231 $0 $0
2022 $121,347 $5,903,653 $0 $0
2021 $103,626 $5,366,958 $4,713,188 $653,770
2020 $98,199 $5,072,385 $4,410,000 $662,385
2019 $98,213 $5,068,133 $4,410,000 $658,133
2018 $97,993 $5,385,478 $4,718,700 $666,778
2017 $93,743 $4,649,099 $0 $0
2016 $88,449 $4,226,454 $0 $0
2015 $85,587 $3,842,231 $0 $0
2014 $70,967 $3,492,938 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1677176

MIAMI REALTORS® MLS

APN: 02-3228-001-1550