NOT LISTED FOR SALE

Estimated Value: $9,603,000 - $10,780,524

5 Beds
4.5 Baths
4,271 Sq Ft
$2,355/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $11,650,000 $2,728 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $72,572/month

185 Days on Market

Highlights

  • Property has ocean access
  • Dock Available
  • Boat Lift
  • North Beach Elementary School Rated A-
  • Guest House
  • Property Fronts a Bay or Harbor

About This Home

As of December 2021

Enchanting Mediterranean estate located in the prestigious Venetian Islands, offering pristine open bay views of the Miami skyline. This 5 bedroom, 4.5 bathroom residence is situated on an impressive 10,500 sf lot with over 60 ft of water frontage. The gorgeous pool leads to a 40 ft dock & electric boat lift with no fixed bridges. Current master bedroom terrace boasts stunning sunset views overlooking the city. Perfect opportunity to renovate or build your dream home in paradise.

Last Agent to Sell the Property

Julian Johnston

The Corcoran Group License #3041178 Listed on: 07/07/2021

The Corcoran Group

Last Buyer's Agent

Julian Johnston

The Corcoran Group License #3041178 Listed on: 07/07/2021

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,328

Year Built

  • Built in 1955

Lot Details

  • 10,500 Sq Ft Lot
  • 60 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Property is zoned 0800

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking

Property Views

  • Intracoastal
  • Bay

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,271 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Awning
  • Drapes & Rods
  • Blinds
  • Bay Window
  • Arched Windows
  • French Doors
  • Den
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Boat Lift
  • Dock Available
  • Balcony

Additional Features

  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-32-003-0110

Community Details

Overview

  • No Home Owners Association
  • San Marino Island Subdivision
  • Maintained Community

Additional Features

  • Picnic Area
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,328

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Dock Available
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SAN MARINO ISLAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, French Doors, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Maid/In-Law Quarters
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 4271
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Arched Windows, Bay Window(s), Blinds, Drapes
  • Bedroom Features: Entry Level, Master Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Guest House, Maid/In-Law Quarters

Exterior Features

  • Roof: Shingle
  • View: Bay, Intracoastal View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Awning(s), Open Balcony
  • Pool Features: Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SAN MARINO ISLAND
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Maintained Community, Picnic Area, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-32-003-0110
  • Lot Size Sq Ft: 10500
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 37328

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2025
Sold by
Sapir Yanina and 126 San Marino Revocable Trust
Bought by
Sunningdale Llc
Current Estimated Value
$10,058,175

Purchase Details

Listed on
Jul 7, 2021
Closed on
Dec 30, 2021
Sold by
Gershenbaum and Andrea
Bought by
126 San Marino Revocable Trust
Seller's Agent
Julian Johnston
The Corcoran Group
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$10,995,000
Sold Price
$11,650,000
Premium/Discount to List
$655,000
5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.00%
Original Mortgage
$7,600,000
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Gil Rafael A
Bought by
Gershenbaum Samuel

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
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 1996
Sold by
Schlesser Marilyn
Bought by
Gil Rafael A
Source: Public Records

Range of Values:

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Average Value
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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
Sunningdale Llc $9,865,000 Pinnacle Title Group
126 San Marino Revocable Trust $11,200,000 New Title Company Name
Gershenbaum Samuel $3,100,000 --
Gil Rafael A $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 126 San Marino Revocable Trust $7,600,000
Previous Owner Gershenbaum Samuel $200,000
Previous Owner Gershenbaum Samuel $2,080,000
Previous Owner Gershenbaum Samuel $1,000,000
Closed Gershenbaum Samuel $1,325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $11,650,000 +6.0% $2,728 / Sq Ft
06/28/2021 06/28/21 For Sale $10,995,000 -- $2,574 / 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 $213,221 $8,556,136 $7,875,000 $681,136
2024 $227,295 $11,346,780 $9,450,000 $1,896,780
2023 $227,295 $11,100,456 $0 $0
2022 $189,609 $10,091,324 $5,775,000 $4,316,324
2021 $37,759 $1,996,512 $0 $0
2020 $37,328 $1,968,947 $0 $0
2019 $36,507 $1,924,680 $0 $0
2018 $34,745 $1,888,793 $0 $0
2017 $34,451 $1,849,945 $0 $0
2016 $34,407 $1,811,896 $0 $0
2015 $34,848 $1,799,301 $0 $0
2014 $35,450 $1,785,021 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11062625

MIAMI REALTORS® MLS

APN: 02-3232-003-0110