NOT LISTED FOR SALE

1615 W 27th St Miami Beach, FL 33140

Bayshore Neighborhood

Estimated Value: $5,219,000 - $20,753,719

0.6 Acre
$21,643,933 Price per Acre
26,136 Sq Ft Lot

Last Sold January 05, 2015

Last sale price $8,500,000 $324 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $94,256/month

70 Days on Market

Highlights

  • Private Dock
  • 0.6 Acre Lot
  • No HOA
  • North Beach Elementary School Rated A-
  • Home fronts a canal
  • Interior Lot

About This Lot

As of January 2015

Beautiful oversized waterfront lot on highly desirable Sunset Island 2 with no fixed bridges to bay. 130' of water frontage with views North across wide canal to Sunset Island 1 homes.

Last Agent to Sell the Property

David Lombardi

Lombardi Properties License #0602540 Listed on: 10/14/2014

Last Buyer's Agent

David Lombardi

Lombardi Properties License #0602540 Listed on: 10/14/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $87,019

Year Built

  • Built in 1956

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 130x200'
  • Home fronts a canal
  • North Facing Home
  • Fenced
  • Interior Lot
  • Cleared Lot
  • Property is zoned 21/EST 1

Interior Spaces

  • 26,200 Sq Ft Home
  • Canal Views

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 02-32-28-001-0790

Community Details

Overview

  • No Home Owners Association
  • Sunset Island Island No Condos
  • Sunset Island Island No Subdivision

Recreation

  • No Fixed Bridges
  • Canal Width is 121 Feet or More
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$87,019

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Year Built: 1956
  • Property Sub Type: Residential
  • Directions: ALTON ROAD TO 29TH STREET; GO WEST TO GUARD GATE ENTER THEN MAKE 3RD LEFT ON SUNSET DRIVE GO OVER NEXT BRIDGE AND MAKE IMMEDIATE LEFT ON 27TH STREET AND LOT IS 3RD PROPERTY DOWN ON THE LEFT.
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size Acres: 0.6
  • Lot Size: 130x200'
  • New Construction: No
  • Road Frontage Type: Paved Road, Public Road
  • Road Surface Type: Paved Road
  • Structure Type: Residential
  • Subdivision Name: SUNSET ISLAND - ISLAND NO
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • View: Canal View
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Inside Location, 1/2 To Less Than 3/4 Acre Lot, Cleared, Fenced
  • Other Structures: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Canal Width 121 Feet Or More, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SUNSET ISLAND - ISLAND NO

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Sewer Connected, Electricity Available, Sewer Available, Trash Removal, Underground Utilities, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-28-001-0790
  • Additional Parcels: No
  • Current Use: Residential, Unused
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 26200
  • Zoning: 21/EST 1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 87019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
Dec 22, 2014
Sold by
1615 West 27Th Street Llc
Bought by
Ansin Andrew
Seller's Agent
David Lombardi
Lombardi Properties
Buyer's Agent
David Lombardi
Lombardi Properties
List Price
$8,900,000
Sold Price
$8,500,000
Premium/Discount to List
-$400,000
-4.49%
Current Estimated Value
$13,317,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,817,582
Avg. Annual Appreciation
-0.20%

Purchase Details

Listed on
Apr 10, 2013
Closed on
May 8, 2013
Sold by
Quantum Equity One Llc
Bought by
1615 West 27Th Street Llc
Seller's Agent
Nelson Gonzalez
BHHS EWM Realty
Buyer's Agent
Nelson Gonzalez
BHHS EWM Realty
List Price
$6,400,000
Sold Price
$5,900,000
Premium/Discount to List
-$500,000
-7.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.60%

Purchase Details

Listed on
Mar 9, 2007
Closed on
Dec 26, 2012
Sold by
Alarcon Raul
Bought by
Quantum Equity One Llc
Seller's Agent
Rafael Arias
One Sotheby's International Re
Buyer's Agent
Nelson Gonzalez
BHHS EWM Realty
List Price
$8,900,000
Sold Price
$4,645,000
Premium/Discount to List
-$4,255,000
-47.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.86%
Original Mortgage
$1,200,000
Interest Rate
3.38%
Mortgage Type
Balloon

Purchase Details

Listed on
Mar 9, 2007
Closed on
Dec 6, 2012
Sold by
Alarcon Alma
Bought by
Alarcon Raul
Seller's Agent
Rafael Arias
One Sotheby's International Re
Buyer's Agent
Nelson Gonzalez
BHHS EWM Realty
List Price
$8,900,000
Sold Price
$4,645,000
Premium/Discount to List
-$4,255,000
-47.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.38%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ansin Andrew $8,500,000 Attorney
1615 West 27Th Street Llc $5,900,000 Attorney
Quantum Equity One Llc $46,450 Attorney
Alarcon Raul -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quantum Equity One Llc $1,200,000
Previous Owner Alarcon Alma $425,000
Previous Owner Alarcon Raul $913,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2015 01/05/15 Sold $8,500,000 -4.5% $324 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $8,900,000 +50.8% $340 / Sq Ft
05/10/2013 05/10/13 Sold $5,900,000 -7.8% $823 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $6,400,000 +37.8% $892 / Sq Ft
12/26/2012 12/26/12 Sold $4,645,000 -47.8% $648 / Sq Ft
08/20/2012 08/20/12 Pending -- -- --
03/08/2007 03/08/07 For Sale $8,900,000 -- $1,241 / 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 $248,461 $11,490,648 -- --
2024 $231,725 $10,446,044 -- --
2023 $231,725 $9,496,404 $0 $0
2022 $177,883 $8,633,095 $0 $0
2021 $151,535 $7,848,269 $7,840,350 $7,919
2020 $142,177 $7,344,025 $7,336,000 $8,025
2019 $142,318 $7,344,131 $7,336,000 $8,131
2018 $147,759 $7,857,757 $7,849,520 $8,237
2017 $149,637 $7,857,864 $0 $0
2016 $142,662 $7,344,450 $0 $0
2015 $145,506 $7,344,236 $0 $0
2014 $95,986 $4,724,338 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Lombardi

    Seller's Agent in 2015

    David Lombardi

    Lombardi Properties

    (305) 490-5767

    1 in this area

    2 Total Sales

    Section Image
  • Nelson Gonzalez

    Seller's Agent in 2013

    Nelson Gonzalez

    BHHS EWM Realty

    (305) 674-4040

    20 in this area

    108 Total Sales

    Section Image

  • R

    Seller's Agent in 2012

    Rafael Arias

    One Sotheby's International Re

    (786) 543-7873

    10 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2019460

MIAMI REALTORS® MLS

APN: 02-3228-001-0790

Florida Miami/Dade County Miami Beach 33140 Bayshore

1615 W 27th St, Miami Beach, FL

This home is located at 1615 W 27th St, Miami Beach, FL 33140 since 14 October 2014 and is currently estimated at $12,986,360, approximately $495 per square foot. This property was built in 1956. 1615 W 27th St is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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