NOT LISTED FOR SALE

Estimated Value: $4,770,000 - $73,790,392

6 Beds
3 Baths
7,273 Sq Ft
$5,401/Sq Ft Est. Value

Last Sold February 15, 2012

Last sale price $7,500,000 $1,031 Per Sq Ft

Est. 424% increase in value since last sale

Current estimated payment $304,663/month

Highlights

  • Ocean View
  • Property has ocean access
  • Boating
  • South Pointe Elementary School Rated A-
  • Private Dock
  • Property Fronts a Bay or Harbor

About This Home

As of February 2012

PRESTIGIOUS STAR ISLAND HOME ON 58,906 SQ. FT. LOT WITH MAGNIFICENT PANORAMIC OCEAN VIEWS. THIS 2 STORY 1931 ARCHITECTURAL BEAUTY NEEDS TLC. SOLD FOR LAND VALUE.

Last Agent to Sell the Property

Rosa Sklavounos

Douglas Elliman License #3063328 Listed on: 12/23/2011

Douglas Elliman

Last Buyer's Agent

Rosa Sklavounos

Douglas Elliman License #3063328 Listed on: 12/23/2011

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $172,936

Year Built

  • Built in 1931

Lot Details

  • 1.35 Acre Lot
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Fenced
  • Property is zoned 22/EST 2

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Old Spanish Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,273 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Awning
  • Bay Window
  • Great Room
  • Formal Dining Room
  • Storage Room
  • Ocean Views

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Soaking Tub in Primary Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • Private Dock
  • Balcony
  • Exterior Lighting
  • Porch

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-42-04-001-0191

Community Details

Overview

  • No Home Owners Association
  • Star Island Corrected Subdivision

Recreation

  • Boating

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$172,936

Year Built

Built in 1931

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1931
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Old Spanish
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: STAR ISLAND CORRECTED
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Built-in Features, Elevator, Walk-In Closet(s), Great Room, Storage
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Terrazzo, Wood
  • Furnished: Unfurnished
  • Living Area: 7273
  • Window Features: Awning, Bay Window(s)
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Great Room, Storage Room
  • Master Bathroom Features: Tub Only

Exterior Features

  • Roof: Barrel Roof
  • View: Ocean
  • Exterior Features: Fruit Trees, Lighting, Open Balcony, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: STAR ISLAND CORRECTED
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating, Gated, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-42-04-001-0191
  • Lot Size Sq Ft: 58906
  • Zoning: 22/EST 2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 172936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2020
Sold by
Twenty Two Star Island Llc
Bought by
Forlizzi Donna and Hopadrepo Trust
Current Estimated Value
$39,280,196

Purchase Details

Listed on
Dec 23, 2011
Closed on
Feb 15, 2012
Sold by
Hallbauer Rosalie Carlotta
Bought by
Twenty & Two Star Island Llc
Seller's Agent
Rosa Sklavounos
Douglas Elliman
Buyer's Agent
Rosa Sklavounos
Douglas Elliman
List Price
$7,500,000
Sold Price
$7,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%

Purchase Details

Closed on
May 25, 1994
Sold by
Hallbauer Rosalie Carlotta and Hallbauer Kathryn M
Bought by
Hallbauer Kathrun M and Ramm Kathryn M
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
Forlizzi Donna $49,456,300 Attorney
Twenty & Two Star Island Llc $7,500,000 Attorney
Hallbauer Kathrun M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopadrepo Trust $10,000,000
Previous Owner Twenty-Two Star Island Llc $40,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2012 02/15/12 Sold $7,500,000 0.0% $1,031 / Sq Ft
12/23/2011 12/23/11 Pending -- -- --
12/23/2011 12/23/11 For Sale $7,500,000 -- $1,031 / 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 $1,092,615 $61,052,239 $37,110,780 $23,941,459
2024 $989,164 $55,640,211 -- --
2023 $989,164 $50,582,010 $0 $0
2022 $899,814 $45,983,646 $0 $0
2021 $815,443 $41,803,315 $16,493,680 $25,309,635
2020 $824,311 $42,165,010 $15,315,560 $26,849,450
2019 $325,983 $16,408,375 $16,199,150 $209,225
2018 $316,561 $16,408,415 $16,199,150 $209,265
2017 $306,882 $15,173,767 $0 $0
2016 $292,399 $13,794,334 $0 $0
2015 $264,278 $12,540,304 $0 $0
2014 $233,534 $11,400,277 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1586984

MIAMI REALTORS® MLS

APN: 02-4204-001-0191