NOT LISTED FOR SALE

Estimated Value: $9,796,163

6 Beds
4.5 Baths
6,193 Sq Ft
$1,582/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $8,000,000 $1,292 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $69,103/month

433 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • North Beach Elementary School Rated A-
  • Property fronts an intracoastal waterway
  • Gated Community

About This Home

As of September 2020

Pristine Sunset Island II is one of the most coveted locations on Miami Beach. Enjoy 120 feet of waterfront and an oversized lot. This estate is in need of major renovation. You can also tear it down and make room for new construction. Great opportunity to create your island idyll in between two $20 million plus new constructions.

Last Agent to Sell the Property

Jeri Jenkins

Coldwell Banker Realty License #0315440 Listed on: 06/14/2019

Coldwell Banker Realty

Co-Listed By

Brian Suarez

Coldwell Banker Realty License #3239628

Last Buyer's Agent

Jill Hertzberg

Coldwell Banker Realty License #0551544

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,505

Year Built

  • Built in 1939

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 120x200
  • Property fronts an intracoastal waterway
  • North Facing Home
  • Fenced
  • Property is zoned 2100

Parking

  • 1 Car Attached Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Intracoastal
  • Pool

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,193 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Utility Room in Garage
  • Laundry in Garage

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks

Home Security

  • Partial Panel Shutters or Awnings
  • Partial Impact Glass

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-28-001-1090

Community Details

Overview

  • No Home Owners Association
  • Club Membership Required
  • Sunset Islands Island No Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,505

Year Built

Built in 1939

Lot Details

0.55 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1939
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Directions: Take I-195. Merge onto Alton Rd/FL-907 S via EXIT 5. Turn Right onto W 29th Street (Gate access required). W 29th Street becomes N View Drive. Turn Left on Sunset Drive. Turn Left onto W 25th Street. Home is on the Right.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size: 120x200
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SUNSET ISLANDS-ISLAND NO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Entrance Foyer, Other, Walk-In Closet(s), Den/Library/Office, Utility/Laundry In Garage
  • Spa Yn: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Other, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 6193
  • Possible Use: Unknown/Withheld
  • Window Features: Partial Impact Glass, Partial Panel Shutters/Awnings, Other Windows
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Other, Utility/Laundry In Garage
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Flat Tile
  • View: Intracoastal View, Pool, Water
  • Exterior Features: Barbeque, Built-In Grill, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SUNSET ISLANDS-ISLAND NO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered, Driveway, No Rv/Boats, No Trucks/Trailers

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No
  • Community Features: Gated Community, Other, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 02-32-28-001-1090
  • Lot Size Sq Ft: 24000
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 26505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Sep 11, 2020
Sold by
Gelman Duff Adam
Bought by
Mt2 Properties Llc
Seller's Agent
Jeri Jenkins
Coldwell Banker Realty
Buyer's Agent
Jill Hertzberg
Coldwell Banker Realty
List Price
$8,900,000
Sold Price
$8,000,000
Premium/Discount to List
-$900,000
-10.11%
Current Estimated Value
$9,796,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,796,163

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 28, 2020
Sold by
Kuse Karen Devra and Gelman Karen
Bought by
Mt2 Properties Llc
Seller's Agent
Jeri Jenkins
Coldwell Banker Realty
Buyer's Agent
Jill Hertzberg
Coldwell Banker Realty
List Price
$8,900,000
Sold Price
$8,000,000
Premium/Discount to List
-$900,000
-10.11%

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 27, 2020
Sold by
Gelman Bonni
Bought by
Mt2 Properties Llc
Seller's Agent
Jeri Jenkins
Coldwell Banker Realty
Buyer's Agent
Jill Hertzberg
Coldwell Banker Realty
List Price
$8,900,000
Sold Price
$8,000,000
Premium/Discount to List
-$900,000
-10.11%

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 26, 2020
Sold by
Gelman Mila and Johnson Mila Gelman
Bought by
Mt2 Properties Llc
Seller's Agent
Jeri Jenkins
Coldwell Banker Realty
Buyer's Agent
Jill Hertzberg
Coldwell Banker Realty
List Price
$8,900,000
Sold Price
$8,000,000
Premium/Discount to List
-$900,000
-10.11%

Purchase Details

Closed on
Feb 4, 1999
Sold by
Gelman Theodore
Bought by
Gelman Theodore and Azcuey Ana
Source: Public Records
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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
Mt2 Properties Llc -- Attorney
Mt2 Properties Llc $8,000,000 Attorney
Mt2 Properties Llc -- Attorney
Mt2 Properties Llc -- Attorney
Mt2 Properties Llc -- Attorney
Gelman Theodore $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $8,000,000 -5.9% $1,292 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/24/2019 07/24/19 Price Changed $8,500,000 -4.5% $1,373 / Sq Ft
06/04/2019 06/04/19 For Sale $8,900,000 -- $1,437 / 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 $217,581 $9,626,026 -- --
2024 $203,150 $8,750,933 -- --
2023 $203,150 $7,955,394 $0 $0
2022 $159,951 $7,480,000 $0 $0
2021 $131,295 $7,439,163 $7,182,000 $257,163
2020 $142,915 $7,382,121 $6,720,000 $662,121
2019 $27,845 $1,478,160 $0 $0
2018 $26,505 $1,450,599 $0 $0
2017 $26,278 $1,420,763 $0 $0
2016 $26,242 $1,391,541 $0 $0
2015 $26,578 $1,381,868 $0 $0
2014 $27,037 $1,370,901 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10690549

MIAMI REALTORS® MLS

APN: 02-3228-001-1090

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