NOT LISTED FOR SALE

23 Tahiti Beach Island Rd Miami, FL 33143

Cocoplum Neighborhood

Estimated Value: $7,285,000 - $21,926,021

7 Beds
12 Baths
12,862 Sq Ft
$1,136/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $16,000,000 $1,244 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $103,883/month

399 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Home Theater
  • Sunset Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Outdoor Pool

About This Home

As of April 2020

Elegant estate in exclusive, gated Tahiti Beach. Double height ceilings in living room to showcase prized art work, dining room for 12+. Den/Library with built in wood shelves. Chef's kitchen with eat-in countertops, breakfast nook, gas ovens/6 burners, double refrigerator/freezer, full butler's pantry. Movie screening room with built-in bar & beverage center. A 2,500 bottle glass wine cellar with 3 temp. controlled zones, large family room features a saltwater fish tank and backlit onyx full bar. Poker/card room with direct access to incredible covered patio that leads to pool, boat dock, home gym/sauna, health bar.

Last Agent to Sell the Property

Isabel Castro

BHHS EWM Realty License #3410540 Listed on: 01/22/2019

BHHS EWM Realty

Co-Listed By

Maria Bradley

BHHS EWM Realty License #3410153

Last Buyer's Agent

Isabel Castro

BHHS EWM Realty License #3410540 Listed on: 01/22/2019

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $299,000

Year Built

  • Built in 2014

Lot Details

  • 1.04 Acre Lot
  • 145 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned 0100

HOA Fees

  • $2,667 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Tile Roof

Interior Spaces

  • 12,862 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • French Doors
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Sun or Florida Room
  • Storage Room
  • Sauna
  • Marble Flooring
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Home Security

  • Security System Owned
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Outdoor Pool
  • Pool Equipment Stays

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Width is 121 Feet or More
  • Private Dock
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Carver; G.W. Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-41-32-030-0330

Community Details

Overview

  • Club Membership Required
  • Cocoplum Sec 2 Plat E,Tahiti Beach Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$299,000

Year Built

Built in 2014

Lot Details

0

HOA Fees

$2,667 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: EWM 01
  • Co List Office Phone: 305-960-2400
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: COCOPLUM SEC 2 PLAT E,Tahiti Beach
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Bar, Elevator, Exclusions, French Doors, Pantry, Den/Library/Office, Family Room, Florida Room, Maid/In-Law Quarters, Media Room, Sauna, Storage, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 8
  • Half Bathrooms: 4
  • Total Bedrooms: 7
  • Door Features: High Impact Doors, French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 12862
  • Other Equipment: Automatic Garage Door Opener, Elevator, Natural Gas
  • Possible Use: Unknown/Withheld
  • Window Features: High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Maid/In-Law Quarters, Media Room, Sauna, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Master Bathrooms, Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Bay, Water
  • Exterior Features: Barbeque, Lighting, Open Balcony
  • Direction Faces: West
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 121 Feet Or More, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: COCOPLUM SEC 2 PLAT E
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 8000
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Clubhouse, Maintained Community, Private Roads
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Carver; G.W.
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 03-41-32-030-0330
  • Lot Size Sq Ft: 45337
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 299000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Apr 30, 2020
Sold by
Souto Jose E
Bought by
Herrera Ivan A and Herrera Ania
Seller's Agent
Isabel Castro
BHHS EWM Realty
Buyer's Agent
Isabel Castro
BHHS EWM Realty
List Price
$23,990,000
Sold Price
$16,000,000
Premium/Discount to List
-$7,990,000
-33.31%
Current Estimated Value
$14,605,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,394,489
Avg. Annual Appreciation
1.55%
Original Mortgage
$8,000,000
Outstanding Balance
$6,957,938
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$10,394,132

Purchase Details

Closed on
Aug 25, 2011
Sold by
U S Century Bank
Bought by
Souto Jose E

Purchase Details

Closed on
Jun 17, 2011
Sold by
Rodriguez Angelo G
Bought by
U S Century Bank

Purchase Details

Closed on
Mar 10, 2006
Sold by
Albarran Roberto and Albarran Charlene
Bought by
Rodriguez Angelo G and Rodriguez Yamilet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,100,000
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 1999
Sold by
Williams William T and Williams Christine D
Bought by
Albarran Roberto and Albarran Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.27%
Mortgage Type
Credit Line Revolving
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
Herrera Ivan A $16,000,000 M G Title Services Inc
Souto Jose E $5,150,000 Attorney
U S Century Bank $85,100 None Available
Rodriguez Angelo G $6,000,000 Toma Title Group Inc
Albarran Roberto $3,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Ivan A $8,000,000
Previous Owner Souto Jose $7,000,000
Previous Owner Albarran Roberto --
Previous Owner Rodriguez Angelo G $5,200,000
Previous Owner Rodriguez Angelo G $5,100,000
Previous Owner Albarran Roberto $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $16,000,000 -27.2% $1,244 / Sq Ft
01/06/2020 01/06/20 Price Changed $21,990,000 -8.3% $1,710 / Sq Ft
01/22/2019 01/22/19 For Sale $23,990,000 -- $1,865 / 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 $246,625 $13,980,299 -- --
2024 $240,810 $13,586,297 -- --
2023 $240,810 $13,190,580 $0 $0
2022 $234,538 $12,806,389 $0 $0
2021 $233,246 $12,433,388 $7,435,268 $4,998,120
2020 $243,401 $12,890,056 $7,838,767 $5,051,289
2019 $244,129 $12,943,223 $7,838,767 $5,104,456
2018 $239,415 $12,996,391 $7,838,767 $5,157,624
2017 $229,989 $11,831,065 $0 $0
2016 $209,382 $10,755,514 $0 $0
2015 $202,020 $9,777,740 $0 $0
2014 $83,340 $4,114,332 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10596157

MIAMI REALTORS® MLS

APN: 03-4132-030-0330