NOT LISTED FOR SALE

Estimated Value: $4,625,000 - $29,186,627

5 Beds
8 Baths
4,256 Sq Ft
$3,180/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $28,300,000 $6,649 Per Sq Ft

Current estimated payment $99,111/month

21 Days on Market

Highlights

  • Lake Front
  • Property has ocean access
  • 24,670 Sq Ft lot
  • North Beach Elementary School Rated A-
  • In Ground Pool
  • No HOA

About This Home

As of May 2022

Live on prestigious lower North Bay Rd and build your dream home on one of the most desirable addresses in all of Miami Beach. This 24,670 square foot lot offers serene water views and breathtaking sunsets while boasting 123 feet on the water. Live in close proximity to all that Miami Beach has to offer including world class beaches, shopping and dining, Sunset Harbor, Lincoln Road and sitting directly across from the Miami Beach golf club.

Last Agent to Sell the Property

Daniel Hertzberg

Coldwell Banker Realty License #3212309 Listed on: 03/22/2022

Coldwell Banker Realty

Co-Listed By

Jill Hertzberg

Coldwell Banker Realty License #0551544

Last Buyer's Agent

Jeffrey Fields

One Sotheby's International Re License #3271043

One Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $153,791

Year Built

  • Built in 1937

Lot Details

  • 0.57 Acre Lot
  • 123 Ft Wide Lot
  • Lake Front
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned 2100

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 4,256 Sq Ft Home
  • 2-Story Property
  • Lake Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Circular Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sunset Lake Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-27-008-1290

Home Details

Home Type

Single Family

Est. Annual Taxes

$153,791

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SUNSET LAKE AMD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 4256
  • Possible Use: Unknown/Withheld
  • Bedroom Features: None
  • Living Room Features: Other

Exterior Features

  • Roof: Barrel Roof
  • View: Lake
  • Direction Faces: West
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SUNSET LAKE AMD
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-27-008-1290
  • Lot Size Sq Ft: 24670
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 153791

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 27, 2022
Sold by
Bindery Holdings Llc
Bought by
Sunset Lake 4744 Llc
Seller's Agent
Daniel Hertzberg
Coldwell Banker Realty
Buyer's Agent
Jeffrey Fields
One Sotheby's International Re
List Price
$25,000,000
Sold Price
$28,300,000
Premium/Discount to List
$3,300,000
13.2%
Current Estimated Value
$13,535,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,764,458
Avg. Annual Appreciation
-18.64%
Original Mortgage
$11,875,500
Outstanding Balance
$11,175,085
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$3,237,671

Purchase Details

Closed on
Dec 15, 2020
Sold by
Pizzorni Sharon
Bought by
Bindery Holdings Llc

Purchase Details

Closed on
Mar 12, 1999
Sold by
Granado Juan C and Granado Rebeca
Bought by
Pizzorni Franco
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sunset Lake 4744 Llc $28,300,000 Bilzin Sumberg Baena Price & A
Bindery Holdings Llc $12,000,000 Attorney
Pizzorni Franco $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunset Lake 4744 Llc $11,875,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $28,300,000 +13.2% $6,649 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $25,000,000 -- $5,874 / 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 $306,040 $17,273,003 $17,269,000 $4,003
2024 $331,272 $16,286,256 $16,282,200 $4,056
2023 $331,272 $17,530,666 $16,282,200 $1,248,466
2022 $173,314 $8,761,604 $0 $0
2021 $153,791 $7,965,095 $7,154,300 $810,795
2020 $78,607 $4,101,146 $0 $0
2019 $76,897 $4,008,941 $0 $0
2018 $73,207 $3,934,192 $0 $0
2017 $72,601 $3,853,274 $0 $0
2016 $72,520 $3,774,020 $0 $0
2015 $73,452 $3,747,786 $0 $0
2014 $74,724 $3,718,042 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11178650

MIAMI REALTORS® MLS

APN: 02-3227-008-1290