$17,375,000
SOLD DEC 29, 2020
8 Beds
9 Baths
10,046 Sq Ft
0.5 Acres

Recently Sold

$1,730 Per Sq Ft

3% Above List Price

416 Days on Market

Highlights

  • 154 Feet of Waterfront
  • 1 Bedroom Guest House
  • Intracoastal View
  • North Beach Elementary School Rated A-
  • Boat Lift
  • Sitting Area In Primary Bedroom

About This Home

As of May 2024

Entertain on a grand scale at this estate on Miami Beach s idyllic Sunset Island II. Your guests will indulge in sweeping bay views from almost every gallery-like room. Impress them as they overlook your elaborate pool or private dock; perfect for your yacht. Or retreat to your two-level master suite, a personal oasis with its own tower and three private balconies. Eight bedrooms can accommodate a large family and staff, while the pool house, nestled behind the waterfall, is perfect for that honored guest. The home was recently fully renovated, to update it with all the amenities expected of luxurious contemporary life, such as a whole-home automation and audio system, while preserving its architecturally significant features and magnificently dramatic moments.

Last Agent to Sell the Property

Oren Alexander

MMLS Assoc.-Inactive Member License #3296414 Listed on: 10/04/2019

Last Buyer's Agent

Jill Hertzberg

Coldwell Banker Realty License #0551544

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $355,268

Year Built

  • Built in 2010

Lot Details

  • 154 Feet of Waterfront

HOA Fees

  • $117 per month

Parking

  • 2

Property Views

  • Intracoastal
  • Bay
  • Pool

Home Design

  • Property Attached

Interior Spaces

  • 10,046 Sq Ft Home
  • Chandelier To Be Replaced
  • Cooking Island

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry

Outdoor Features

  • Boat Lift
  • Boat Hoist or Davit
  • Deck

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House

Community Details

  • $10,000 Membership Fee

Listing and Financial Details

  • Assessor Parcel Number 02-32-28-001-1230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$355,268

Year Built

Built in 2010

Lot Details

0

HOA Fees

$117 per month

Parking

2

Listing Details

  • Internet Remarks: Entertain on a grand scale at this estate on Miami Beach s idyllic Sunset Island II. Eight bedrooms can accommodate a large family and staff
  • Municipal Code: 2
  • Property Type: Single Family
  • Section: 28
  • Year Built: 2010
  • Property Sq Ft: 22192
  • Year Built Description: Resale
  • Zoning Information: 2100
  • Flood Zone: AE
  • Furnished Info Sold: Unfurnished
  • Guest House Description: 1 Bath, 1 Bedroom
  • Intended Use: Primary
  • Lp Amt Sq Ft: 1543.5200
  • Ratio Close Price By List Price: 1.02811
  • Style: Wf/Pool/Ocean Access
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Front Exposure: South
  • Bedroom Description: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Description: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Pantry, Chandelier To Be Replaced
  • Design: Attached
  • Adjusted Area Sq Ft: 9680
  • Full Bathrooms: 9
  • Total Bathrooms: 9.00
  • Total Bedrooms: 8
  • Design Description: Three Or More Stories
  • Appliances: Automatic Garage Door Opener, Dishwasher, Dryer, Icemaker, Microwave, Electric Range, Refrigerator
  • Pool: Yes
  • Sq Ft Liv Area: 9984
  • Total Sq Ft: 10046

Exterior Features

  • View: Bay, Intracoastal View, Pool Area View
  • Pool: Below Ground Pool
  • Water Access: Boatlift, Boat Hoists/Davits, Private Dock
  • Waterfront Description: Bay Front, Ocean Front
  • Waterfront Frontage: 154
  • Construction Type: Concrete Block Construction, Cbs Construction
  • Roof Description: Aluminum Roof
  • Waterfront Property: Yes
  • Exterior Features: Deck

Garage/Parking

  • Parking Description: Driveway
  • Garage Spaces: 2

Utilities

  • Sewer Description: Municipal Sewer
  • Cooling Description: Central Cooling
  • Heating Description: Central Heat
  • Water Description: Municipal Water

Condo/Co-op/Association

  • Membership Purchase Fee: 10000
  • Floor Description: Marble Floors, Wood Floors
  • Subdivision Complex Bldg: SUNSET ISLANDS-ISLAND NO
  • Housing Older Persons Act: No Hopa
  • Association Fee: 1400
  • Subdivision Information: Maintained Community, Security Patrol
  • Association Fee Paid Per: Yearly
  • Membership Purch Rqd Yn: Yes
  • Type of Association: Homeowners

Lot Info

  • Lot Description: 1/2 To Less Than 3/4 Acre Lot
  • Parcel Number: 02-32-28-001-1230
  • Lot Sq Footage: 22192
  • Parcel Number Mlx: 1230

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Information: Tax Reflects No Exemptions
  • Tax Amount: 263652
  • Tax Year: 2018

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%
Views
271
Current Estimated Value
$15,288,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,189,012
Avg. Annual Appreciation
-33.51%

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $26,477,100 None Listed On Document
Warranty Deed $17,375,000 Attorney
Warranty Deed $12,900,000 Attorney
Warranty Deed $4,500,000 Ponce De Leon Title Svcs Inc
Interfamily Deed Transfer -- --
Deed $100 --
Personal Reps Deed $1,645,000 --
Warranty Deed $2,200,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $6,915,000 New Conventional
Previous Owner $1,500,000 Credit Line Revolving
Previous Owner $9,250,000 New Conventional
Previous Owner $5,200,000 Balloon
Previous Owner $2,700,000 Unknown
Previous Owner $1,000,000 New Conventional
Previous Owner $1,650,000 No Value Available
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
2025 $355,268 $21,536,092 $17,753,600 $3,782,492
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10742740

MIAMI REALTORS® MLS

APN: 02-3228-001-1230