NOT LISTED FOR SALE

Estimated Value: $6,332,000 - $7,719,000

7 Beds
5 Baths
3,795 Sq Ft
$1,912/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2024

Last sale price $6,920,000 $1,823 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $47,694 / mo

194 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Intracoastal View
  • Deck
  • South Pointe Elementary School Rated 9+
  • Heated In Ground Pool
  • 1-minute walk to Palm Island Park

About This Home

As of March 2024

A modern and impressive bay front house in the prestigious Palm Island exclusive community gated and police patrolled. Available, vacant. Four bedrooms ovelooking the bay with ample decks and balconies, plus an office, studio or gym. It has a detached utility bedroom and storage space. Inside the gated driveway can be acomodated 4 cars and 2 more in the garage. Full kitchen with viking appliances, hurricane impact glasses throughout. Shades and curtains with automated system and smart house operation. heated pool, ample deck equiped with a boat or jet sky lift, private dock for up to a 75 yatch, easay to show, please text listing agent.

Last Buyer's Agent

Joanna Jimenez

Compass Florida, LLC License #3224030

Compass Florida, LLC
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,917

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 7,000 Sq Ft Lot
  • 50 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Fenced
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Property is zoned 0100

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Property Views

  • Intracoastal
  • Bay

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Flat Roof Shape

Interior Spaces

  • 3,795 Sq Ft Home
  • Skylights
  • Blinds
  • Sliding Windows
  • Formal Dining Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • 5 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Deck
  • Open Patio
  • Outdoor Living Area
  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0242050020240

Community Details

Overview

  • Property has a Home Owners Association
  • Riviera 1St & 2Nd Addn Am Subdivision

Additional Features

  • Security
  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,917

Year Built

Built in 1924 | Remodeled

Lot Details

7,000 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: please use GPS or Google Map
  • Year Built: 1924
  • Architectural Style: Contemporary
  • Entry Level: 1
  • New Construction: No
  • Efficiency: HVAC, Thermostat
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Main Level Primary, Storage, Separate Shower, Upper Level Primary, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Flooring: Ceramic Tile, Tile, Wood
  • Living Area: 3795.0
  • Window Features: Blinds, Skylight(s), Sliding

Exterior Features

  • Exterior Features: Balcony, Lighting, Outdoor Living Area
  • View: Bay, Intercoastal
  • Fencing: Fenced
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Bayfront
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southwest
  • Patio And Porch Features: Deck, Open, Patio, Balcony
  • Property Condition: Resale, Updated/Remodeled
  • Roof: Flat

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Detached, Garage, Garage Door Opener, On Street

Utilities

  • Other Equipment: Intercom, Satellite Dish
  • Security: Fire Alarm, Smoke Detector(s), Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Security
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes
  • Common Interest: Other

Lot Info

  • Parcel #: 0242050020240
  • Lot Size Acres: 0.16
  • Mobile Dim Units: Feet
  • Zoning: 0100

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 70917.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Mar 6, 2024
Sold by
Hemaca Inc
Bought by
Buyer's Agent
Joanna Jimenez
Compass Florida, LLC
List Price
$9,500,000
Sold Price
$6,920,000
Premium/Discount to List
-$2,580,000
-27.16%
Current Estimated Value
$7,257,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,376
Avg. Annual Appreciation
1.93%

Purchase Details

Listed on
May 12, 2014
Closed on
Aug 18, 2014
Sold by
Raia Steven P
Bought by
Hemaca Inc
Seller's Agent
Cristina Gort
Majestic Properties LLC
Buyer's Agent
Henry Camino
Florida Capital Realty
List Price
$6,900,000
Sold Price
$6,320,000
Premium/Discount to List
-$580,000
-8.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.96%

Purchase Details

Listed on
Jan 22, 2014
Closed on
Feb 19, 2014
Sold by
Jkr Property Associates Llc
Bought by
Raia Steven P and Steven P Raia Living Trust
Seller's Agent
Evelyn Castro-Menin
Luxe Living Realty
Buyer's Agent
Cristina Gort
Majestic Properties LLC
List Price
$5,250,000
Sold Price
$4,500,000
Premium/Discount to List
-$750,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.64%
Original Mortgage
$2,000,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2012
Closed on
Mar 13, 2013
Sold by
Levy Albert and Levy Michelle
Bought by
Jkr Property Associates Llc
Seller's Agent
Jorge Fernandez
Serhant
Buyer's Agent
Evelyn Castro-Menin
Luxe Living Realty
List Price
$2,899,000
Sold Price
$2,400,000
Premium/Discount to List
-$499,000
-17.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.18%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,920,000 None Listed On Document
Hemaca Inc $6,320,000 Attorney
Raia Steven P $4,500,000 Attorney
Jkr Property Associates Llc $2,400,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,000,000
Previous Owner Levy Albert $2,137,500
Previous Owner Levy Albert $750,000
Previous Owner Levy Albert $250,000
Previous Owner Levy Albert $1,430,000
Previous Owner Levy Albert $250,000
Previous Owner Levy Albert $994,500
Previous Owner Levy Albert $600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/06/2024 03/06/24 Sold $6,920,000 -27.2% $1,823 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
07/27/2023 07/27/23 For Sale $9,500,000 -- $2,503 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $91,817 $6,191,053 $5,600,000 $591,053
2024 $82,707 $4,046,825
2023 $82,707 $3,742,291 $0 $0
2022 $70,917 $3,402,083 $0 $0
2021 $62,107 $3,092,803 $2,520,000 $572,803
2020 $62,399 $3,099,631 $2,520,000 $579,631
2019 $62,590 $3,106,458 $2,520,000 $586,458
2018 $60,843 $3,113,287 $2,520,000 $593,287
2017 $69,834 $3,530,036 $0 $0
2016 $65,564 $3,270,908 $0 $0
2015 $62,026 $3,053,292 $0 $0
2014 $41,613 $1,968,187 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11426013

BeachesMLS (Greater Fort Lauderdale)

APN: 02-4205-002-0240

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