NOT LISTED FOR SALE

Estimated Value: $4,780,000 - $6,504,000

5 Beds
6 Baths
5,269 Sq Ft
$1,037/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $2,850,000 $541 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $34,546/month

49 Days on Market

Highlights

  • Home Theater
  • Newly Remodeled
  • Maid or Guest Quarters
  • South Pointe Elementary School Rated A-
  • Heated In Ground Pool
  • 1-minute walk to Palm Island Park

About This Home

As of December 2020

An incredibly designed modern home with an abundance of outdoor living space and natural light ideal for enjoying all Miami offers in our warm winter months! Perfect for entertaining, this home boasts a combo of glass, steel, indoor/outdoor water features, and sleek lines. Offering 5 beds and plenty of open space through the main level w/ an open concept kitchen and spacious seating areas, your home will satisfy the needs of today’s desired lifestyle. The unique, irreplicable 3 floor, indoor water feature makes this home an architectural gem. Enjoy a lower level theater room, formal and casual seating areas on the main level, and a rooftop deck allowing for a kitchen and jacuzzi w/ views to The Magic City sparkling lights, renowned sunsets, and mega yachts that leave a lasting impression.

Last Agent to Sell the Property

Darin Tansey

Douglas Elliman License #3196065 Listed on: 09/25/2020

Douglas Elliman

Last Buyer's Agent

Darin Tansey

Douglas Elliman License #3196065 Listed on: 09/25/2020

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,799

Year Built

  • Built in 2009 | Newly Remodeled

Lot Details

  • 7,000 Sq Ft Lot
  • West Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,269 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Home Theater
  • Den
  • Storage Room
  • Slate Flooring

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Deck
  • Exterior Lighting
  • Enclosed Glass Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Club Membership Available
  • Palm Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-42-05-001-0440

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,799

Year Built

Built in 2009 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2009
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: PALM ISLAND
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Custom Mirrors, Fire Sprinklers, Entrance Foyer, Walk-In Closet(s), Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Slate
  • Furnished: Unfurnished
  • Living Area: 5269
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office, Family Room, Glassed Porch, Maid/In-Law Quarters, Media Room, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Concrete
  • View: Garden, Pool
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Glass Enclosed
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PALM ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • 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
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Other Membership Available

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-42-05-001-0440
  • Lot Size Sq Ft: 7000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 51799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Dec 14, 2020
Sold by
Florida Investments Slr Llc
Bought by
Bahhur Rommey Husam and Bahhur Nabila
Seller's Agent
Darin Tansey
Douglas Elliman
Buyer's Agent
Darin Tansey
Douglas Elliman
List Price
$3,295,000
Sold Price
$2,850,000
Premium/Discount to List
-$445,000
-13.51%
Current Estimated Value
$5,463,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,613,879
Avg. Annual Appreciation
15.94%
Original Mortgage
$1,995,000
Outstanding Balance
$1,781,833
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$3,921,756

Purchase Details

Closed on
Nov 15, 2016
Sold by
Cabeiro Vicente and Tueme Lissa
Bought by
Florida Investments Slr Llc

Purchase Details

Closed on
Dec 26, 2013
Sold by
Cabeiro Vicente and Tueme Lissa
Bought by
San Antonio Dbx Real Estate Inc

Purchase Details

Closed on
Apr 26, 2012
Sold by
Kneidel Kimberly Vernell
Bought by
Cabeiro Vicente and Tueme Liss

Purchase Details

Closed on
Apr 25, 2012
Sold by
Trachter Jason
Bought by
Cabeiro Vicente and Turne Lissa

Purchase Details

Listed on
Oct 13, 2011
Closed on
Feb 24, 2012
Sold by
Fazekas Laszlo
Bought by
Cabeiro Vicente and Tueme Lissa
Seller's Agent
Yvette Valverde
Graber Realty Group LLC
Buyer's Agent
Darin Tansey
Douglas Elliman
List Price
$2,850,000
Sold Price
$2,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Sep 16, 2006
Sold by
Gms Florida Invest Inc
Bought by
Fazekas Laszlo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
6.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 25, 2005
Sold by
Demontemayor Margarita Cantu and Montemayor Alex
Bought by
Gms Florida Invest Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 1, 2004
Sold by
Camar Llc
Bought by
Demontemayor Margarita Cantu and Montemayor Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
9.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 18, 2001
Sold by
Robert C Mateo M and Robert Ines Mateo
Bought by
Camar Llc

Purchase Details

Closed on
Nov 14, 1995
Sold by
Bregman Doris
Bought by
Mateo Robert C and Mateo Ines
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
Bahhur Rommey Husam $2,850,000 All Fl Ttl Co Of Broward Llc
Florida Investments Slr Llc -- Attorney
San Antonio Dbx Real Estate Inc $362,500 Clear Title Group Llc
Cabeiro Vicente -- Attorney
Cabeiro Vicente -- Attorney
Cabeiro Vicente $2,850,000 Attorney
Fazekas Laszlo $940,000 Attorney
Gms Florida Invest Inc $880,000 Corporate Title Inc
Demontemayor Margarita Cantu $725,000 Corporate Title Inc
Camar Llc $530,000 --
Mateo Robert C $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahhur Rommey Husam $1,995,000
Previous Owner Fazekas Laszlo $150,000
Previous Owner Fazekas Laszlo $752,000
Previous Owner Gms Florida Invest Inc $660,000
Previous Owner Demontemayor Margarita Cantu $250,000
Previous Owner Mateo Robert C $100,000
Previous Owner Mateo Robert C $95,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $2,850,000 -13.3% $541 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/06/2020 11/06/20 Price Changed $3,287,500 -0.1% $624 / Sq Ft
10/15/2020 10/15/20 Price Changed $3,290,000 -0.1% $624 / Sq Ft
10/05/2020 10/05/20 Price Changed $3,292,500 -0.1% $625 / Sq Ft
09/25/2020 09/25/20 For Sale $3,295,000 +15.6% $625 / Sq Ft
02/24/2012 02/24/12 Sold $2,850,000 0.0% $438 / Sq Ft
01/21/2012 01/21/12 Pending -- -- --
10/13/2011 10/13/11 For Sale $2,850,000 -- $438 / 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 $60,077 $3,194,286 -- --
2024 $56,133 $2,903,897 -- --
2023 $56,133 $2,639,907 $0 $0
2022 $49,788 $2,399,916 $0 $0
2021 $44,517 $2,181,742 $1,155,060 $1,026,682
2020 $54,520 $2,692,665 $1,155,060 $1,537,605
2019 $54,902 $2,709,750 $1,155,060 $1,554,690
2018 $53,576 $2,726,834 $1,155,060 $1,571,774
2017 $51,799 $2,582,976 $0 $0
2016 $52,534 $2,600,062 $0 $0
2015 $51,378 $2,493,684 $0 $0
2014 $47,684 $2,266,986 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10932328

MIAMI REALTORS® MLS

APN: 02-4205-001-0440