NOT LISTED FOR SALE

Estimated Value: $5,997,000 - $7,965,000

7 Beds
5 Baths
3,795 Sq Ft
$1,936/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 $46,850 / mo

202 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Boat Lift
  • South Pointe Elementary School Rated 9+
  • Up to 80-Foot Boat
  • 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 Agent to Sell the Property

Henry Camino

Florida Capital Realty License #3232160 Listed on: 07/27/2023

Florida Capital Realty

Last Buyer's Agent

Joanna Jimenez

Compass Florida, LLC License #3224030

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,917

Year Built

  • Built in 1924

Lot Details

  • 7,000 Sq Ft Lot
  • 50 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • On-Street Parking
  • Open Parking

Property Views

  • Intracoastal
  • Bay

Home Design

  • Substantially Remodeled
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,795 Sq Ft Home
  • Skylights
  • Blinds
  • Sliding Windows
  • Family Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Studio bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • 5 Full Bathrooms
  • Dual Sinks
  • Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom Access
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • No Wake Zone
  • Boat Lift
  • Up to 80-Foot Boat
  • Private Dock
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-42-05-002-0240

Community Details

Overview

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

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,917

Year Built

Built in 1924

Lot Details

7,000 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Directions: please use GPS or Google Map
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock, Electric Available,Lift,No Wake Zone,Private Dock,Up to 80 Ft Boat
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: RIVIERA 1ST & 2ND ADDN AM
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Skylight, Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Maid/In-Law Quarters, Storage
  • Spa Yn: No
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 3795
  • Other Equipment: Satellite Dish, Automatic Garage Door Opener, Intercom
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Complete Impact Glass, Skylight, Blinds, High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Studio
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Maid/In-Law Quarters, Storage Room
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • Roof: Flat Roof With Facade Front
  • View: Bay, Intracoastal View
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: RIVIERA 1ST & 2ND ADDN AM
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Other, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Other
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Other Membership Available, Paved Road, Security Patrol
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other, Voluntary

Lot Info

  • Parcel Number: 02-42-05-002-0240
  • Lot Size Sq Ft: 7000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC, Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 70917

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
Bought by
Seller's Agent
Henry Camino
Florida Capital Realty
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%
Views
409
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
2.58%

Purchase Details

Listed on
May 12, 2014
Closed on
Aug 18, 2014
Sold by
Bought by
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
Bought by
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
0.044%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2012
Closed on
Mar 13, 2013
Sold by
Bought by
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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$6,320,000 Attorney
$4,500,000 Attorney
$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
Closed $2,000,000
Closed $2,137,500
Closed $750,000
Closed $250,000
Closed $1,430,000
Closed $250,000
Closed $994,500
Closed $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 Prior Sale
03/06/2024 03/06/24 Sold $6,920,000 -16.6% $1,823 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
10/19/2023 10/19/23 Price Changed $8,300,000 -5.7% $2,187 / Sq Ft
08/10/2023 08/10/23 Price Changed $8,800,000 -7.4% $2,319 / Sq Ft
07/27/2023 07/27/23 For Sale $9,500,000 +50.3% $2,503 / Sq Ft
08/25/2014 08/25/14 Sold $6,320,000 -8.4% $1,383 / Sq Ft View Prior Sale
05/12/2014 05/12/14 For Sale $6,900,000 +53.3% $1,510 / Sq Ft
02/19/2014 02/19/14 Sold $4,500,000 -14.3% $984 / Sq Ft View Prior Sale
02/06/2014 02/06/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $5,250,000 +118.8% $1,149 / Sq Ft
03/13/2013 03/13/13 Sold $2,400,000 -17.2% $525 / Sq Ft View Prior Sale
01/10/2013 01/10/13 Pending -- -- --
01/18/2012 01/18/12 For Sale $2,899,000 -- $634 / Sq Ft
Source: MIAMI REALTORS® MLS

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

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11426013

MIAMI REALTORS® MLS

APN: 02-4205-002-0240

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