NOT LISTED FOR SALE

Estimated Value: $5,778,000 - $7,084,000

4 Beds
4.5 Baths
5,968 Sq Ft
$1,064/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $3,700,000 $620 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $38,910/month

616 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Bay View
  • South Pointe Elementary School Rated A-
  • Sauna
  • 1-minute walk to Palm Island Park

About This Home

As of July 2021

Modern, fully upgraded, three-story residence on prestigious Palm Island. In addition to the grand living and family room, open kitchen, two master suites, imported Italian finishes, this home has 2,500 SQ FT large sky terrace offering stunning water and sunset views. All impact glass windows, custom closets, cameras, security and sound system, are part of this rarely large home.

Last Agent to Sell the Property

Julian Johnston

The Corcoran Group License #3041178 Listed on: 09/03/2019

The Corcoran Group

Co-Listed By

Jelena Houston

The Corcoran Group License #3254258

Last Buyer's Agent

Nancy Batchelor

Compass Florida, LLC License #0416207

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,843

Year Built

  • Built in 2004

Lot Details

  • 6,000 Sq Ft Lot
  • East Facing Home
  • Property is zoned 0100

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Driveway
  • Open Parking

Property Views

  • Bay
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 5,968 Sq Ft Home
  • Elevator
  • Built-In Features
  • Blinds
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Two Primary Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom Access
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • In Ground Pool
  • Deck
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 02-42-05-002-0310

Community Details

Overview

  • Riviera 1St & 2Nd Addn Am Subdivision
  • Maintained Community

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,843

Year Built

Built in 2004

Lot Details

0

HOA Fees

$42 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Three Or More Stories
  • Co List Office Mls Id: CSMG02
  • Co List Office Phone: 305-395-4982
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: RIVIERA 1ST & 2ND ADDN AM
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Gas Range, Refrigerator, Self Cleaning Oven, Washer, Water Softener Owned
  • Interior Amenities: Second Floor Entry, Bar, Built-in Features, Cooking Island, Fire Sprinklers, Walk-In Closet(s), Den/Library/Office, Family Room, Media Room, Recreation Room, Sauna
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 5968
  • Other Equipment: Elevator, Intercom
  • Possible Use: Primary
  • Window Features: Blinds
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Media Room, Recreation Room, Sauna
  • Master Bathroom Features: 2 Master Bathrooms

Exterior Features

  • Roof: Concrete
  • View: Bay, Pool
  • Exterior Features: Barbeque
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVIERA 1ST & 2ND ADDN AM
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

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

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Maintained Community, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-42-05-002-0310
  • Lot Size Sq Ft: 6000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 40843

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Jun 29, 2021
Sold by
Shabani Jafar
Bought by
Balaz Stephanie and Stephanie Balazs Revocable Tru
Seller's Agent
Julian Johnston
The Corcoran Group
Buyer's Agent
Nancy Batchelor
Compass Florida, LLC
List Price
$3,900,000
Sold Price
$3,700,000
Premium/Discount to List
-$200,000
-5.13%
Current Estimated Value
$6,348,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,648,220
Avg. Annual Appreciation
13.75%
Original Mortgage
$2,590,000
Outstanding Balance
$2,340,699
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,007,521

Purchase Details

Closed on
Aug 14, 2006
Sold by
Jalali Hassan
Bought by
Shabani Jafar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2002
Sold by
Maty Corp C
Bought by
Dotta Llc
Source: Public Records

Range of Values:

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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
Balaz Stephanie $3,700,000 Attorney
Shabani Jafar $1,500,000 Attorney
Dotta Llc $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephanie Balazs Revocable Tru $500,000
Open Balaz Stephanie $2,590,000
Previous Owner Shabani Jafar $650,000
Previous Owner Shabani Jafar $1,075,000
Previous Owner Jalali Hassan $470,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $3,700,000 -5.1% $620 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
03/17/2021 03/17/21 Price Changed $3,900,000 0.0% $653 / Sq Ft
03/17/2021 03/17/21 For Sale $3,900,000 +5.4% $653 / Sq Ft
09/22/2020 09/22/20 Off Market $3,700,000 -- --
09/22/2020 09/22/20 For Sale $3,495,000 -5.5% $586 / Sq Ft
08/06/2020 08/06/20 Off Market $3,700,000 -- --
06/15/2020 06/15/20 Rented $12,000 -14.3% --
05/21/2020 05/21/20 Under Contract -- -- --
04/14/2020 04/14/20 For Rent $14,000 0.0% --
12/05/2019 12/05/19 Price Changed $3,495,000 +2.9% $586 / Sq Ft
12/02/2019 12/02/19 For Sale $3,395,000 -8.2% $569 / Sq Ft
12/01/2019 12/01/19 Off Market $3,700,000 -- --
09/03/2019 09/03/19 For Sale $3,395,000 0.0% $569 / Sq Ft
04/01/2019 04/01/19 Rented $13,000 -7.1% --
02/20/2019 02/20/19 Under Contract -- -- --
12/29/2018 12/29/18 For Rent $14,000 +55.6% --
05/03/2017 05/03/17 Rented $9,000 -9.1% --
04/24/2017 04/24/17 Price Changed $9,900 -23.8% $2 / Sq Ft
01/19/2017 01/19/17 Price Changed $13,000 -7.1% $2 / Sq Ft
03/25/2016 03/25/16 For Rent $14,000 0.0% --
06/01/2015 06/01/15 Rented $14,000 -22.2% --
05/02/2015 05/02/15 Under Contract -- -- --
12/04/2014 12/04/14 For Rent $18,000 +51.3% --
04/26/2012 04/26/12 Rented $11,900 0.0% --
03/27/2012 03/27/12 Under Contract -- -- --
03/19/2012 03/19/12 For Rent $11,900 -- --
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 $54,548 $2,877,336 -- --
2024 $53,304 $2,788,409 -- --
2023 $53,304 $2,707,194 $0 $0
2022 $51,534 $2,628,344 $0 $0
2021 $41,262 $2,013,205 $989,982 $1,023,223
2020 $41,602 $2,025,370 $989,982 $1,035,388
2019 $41,876 $2,037,534 $989,982 $1,047,552
2018 $40,843 $2,049,700 $989,982 $1,059,718
2017 $39,247 $1,923,840 $0 $0
2016 $28,768 $1,417,143 $0 $0
2015 $28,372 $1,407,292 $0 $0
2014 $28,372 $1,396,124 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10732847

MIAMI REALTORS® MLS

APN: 02-4205-002-0310