NOT LISTED FOR SALE

Estimated Value: $8,038,000 - $23,799,664

8 Beds
9.5 Baths
9,984 Sq Ft
$1,594/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $26,477,100 $2,652 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $117,202/month

74 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • 1 Bedroom Guest House
  • North Beach Elementary School Rated A-
  • Guest House
  • Property fronts an intracoastal waterway

About This Home

As of May 2024

Experience sheer luxury at this magnificent estate situated on serene Sunset Island II. Enter through private gates, step over a tranquil koi pond as you enter this contemporary 9,984 SF residence boasting 154’ on the wide-open bay. Bask in a meticulously designed pool area and private dock. Open floorplan layout with breathtaking panoramic view, ideal for entertaining with an indoor/outdoor experience. The spacious 2-tiered principal suite features its own private rooftop area, bathroom boasts steam shower, private patio & his and hers walk-in closets. Luxurious features include audio system, 3 jet ski lift, office, chef’s kitchen with top-of-the-line appliances & sauna room, gym overlooking the open bay views. Architectural details seamlessly merge with the stunning vistas throughout.

Last Agent to Sell the Property

Jill Hertzberg

Coldwell Banker Realty License #0551544 Listed on: 01/26/2024

Coldwell Banker Realty

Co-Listed By

Jill Eber

Coldwell Banker Realty License #0333469

Last Buyer's Agent

Julian Johnston

The Corcoran Group License #3041178

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $318,340

Year Built

  • Built in 2010

Lot Details

  • 0.51 Acre Lot
  • 154 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Property is zoned 2100

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Intracoastal
  • Bay

Home Design

  • Studio
  • Aluminum Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,984 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Entrance Foyer
  • Formal Dining Room
  • Home Theater

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Boat Lift
  • Private Dock
  • Balcony
  • Deck
  • 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 02-32-28-001-1230

Community Details

Overview

  • Club Membership Required
  • Sunset Islands Island No Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$318,340

Year Built

Built in 2010

Lot Details

0

HOA Fees

$208 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock, Lift,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SUNSET ISLANDS-ISLAND NO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island, Entrance Foyer, Pantry, Walk-In Closet(s), Wet Bar, Maid/In-Law Quarters, Media Room, Studio Apartment, Utility Room/Laundry
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 9984
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Guest House, Maid/In-Law Quarters, Media Room, Studio Apartment, Utility Room/Laundry

Exterior Features

  • Roof: Aluminum
  • View: Bay, Intracoastal View
  • Exterior Features: Barbeque, Lighting, Open Balcony, Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Features: Other
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • 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
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 2500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-32-28-001-1230
  • Lot Size Sq Ft: 22192
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 318340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
May 10, 2024
Sold by
Wpme Miami Llc
Bought by
Abode 18 Llc
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$29,750,000
Sold Price
$26,477,100
Premium/Discount to List
-$3,272,900
-11%
Total Days on Market
74
Views
271
Current Estimated Value
$15,918,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,558,268
Avg. Annual Appreciation
-38.12%

Purchase Details

Listed on
Oct 4, 2019
Closed on
Dec 17, 2020
Sold by
Miami Islands Property Llc
Bought by
Wpme Miami Llc
Seller's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
Buyer's Agent
Jill Hertzberg
Coldwell Banker Realty
List Price
$16,900,000
Sold Price
$17,375,000
Premium/Discount to List
$475,000
2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%

Purchase Details

Listed on
Sep 8, 2010
Closed on
Dec 5, 2012
Sold by
G2 Residences Llc
Bought by
Miami Islands Property Llc
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Wanda Shortt
Yaffe International Realty
List Price
$14,500,000
Sold Price
$12,900,000
Premium/Discount to List
-$1,600,000
-11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Jun 22, 2004
Sold by
Gibb Yvonne and Gibb Samantha
Bought by
G2 Residences Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 12, 1996
Sold by
Allen Abigail A Macbride and Allen Wayne
Bought by
Gibb Maurice and Gibb Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1993
Sold by
White Brown
Bought by
Macbride Roger Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
6.9%

Purchase Details

Closed on
Oct 13, 1993
Sold by
Feingold Laurence
Bought by
White Brown

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
6.9%
Source: Public Records

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Range of Values:

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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
Abode 18 Llc $26,477,100 None Listed On Document
Wpme Miami Llc $17,375,000 Attorney
Miami Islands Property Llc $12,900,000 Attorney
G2 Residences Llc $4,500,000 Ponce De Leon Title Svcs Inc
Gibb Yvonne -- --
Gibb Maurice $100 --
Gibb Maurice $1,645,000 --
Macbride Roger Lea $2,200,000 --
White Brown -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miami Islands Property Llc $6,915,000
Previous Owner Miami Islands Property Llc $1,500,000
Previous Owner Miami Islands Property Llc $9,250,000
Previous Owner G2 Residences Llc $5,200,000
Previous Owner G2 Residences Llc $2,700,000
Previous Owner Gibb Maurice $1,000,000
Previous Owner Macbride Roger Lea $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $26,477,100 -11.0% $2,652 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $29,750,000 0.0% $2,980 / Sq Ft
10/02/2023 10/02/23 Rented $85,000 -32.0% --
08/12/2023 08/12/23 For Rent $125,000 0.0% --
12/29/2020 12/29/20 Sold $17,375,000 +2.8% $1,730 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $16,900,000 -2.7% $1,682 / Sq Ft
09/24/2020 09/24/20 Off Market $17,375,000 -- --
06/01/2020 06/01/20 Rented $75,000 0.0% --
05/01/2020 05/01/20 Under Contract -- -- --
10/04/2019 10/04/19 For Rent $75,000 0.0% --
10/04/2019 10/04/19 For Sale $16,900,000 +31.0% $1,682 / Sq Ft
12/14/2012 12/14/12 Sold $12,900,000 -11.0% $1,290 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
09/08/2010 09/08/10 For Sale $14,500,000 -- $1,450 / 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
2024 $331,605 $18,176,928 -- --
2023 $331,605 $16,524,480 $0 $0
2022 $282,258 $15,022,255 $11,096,000 $3,926,255
2021 $271,184 $14,045,105 $10,485,720 $3,559,385
2020 $263,082 $13,589,213 $9,986,400 $3,602,813
2019 $264,180 $13,632,639 $9,986,400 $3,646,239
2018 $263,652 $14,020,914 $9,986,400 $4,034,514
2017 $267,911 $13,864,642 $0 $0
2016 $271,512 $13,893,959 $0 $0
2015 $261,572 $12,630,872 $0 $0
2014 $239,635 $11,482,611 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11519687

MIAMI REALTORS® MLS

APN: 02-3228-001-1230