NOT LISTED FOR SALE

Estimated Value: $6,316,000 - $12,612,764

5 Beds
4.5 Baths
4,952 Sq Ft
$1,864/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $6,300,000 $1,272 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $60,732/month

290 Days on Market

Highlights

  • Property has ocean access
  • Outdoor Pool
  • Gated Community
  • South Pointe Elementary School Rated A-
  • Sauna
  • 1-minute walk to Palm Island Park

About This Home

As of April 2019

This one-of-a-kind tropical modern oasis was masterfully designed to resemble a luxurious yacht. Impeccable finishes and 20 ft glass windows spanning the entire width of the home were made to blur the line between indoors and outdoors. Expanses of glass, rich Rosewood finishes and stunning water views set the tone for a serene living experience offering modern sophistication in one of the city’s most coveted islands. Features include 5 BD, 4 +1 BA, 6,607 adj sf of interior living space, 53’ on the water, polished volcanic stone floors, interior glass and steel stairway, and a 1,500 sf rooftop deck that sports a pool, bbq & sunset views over the Downtown skyline. Caesarstone surfaces in the gourmet open kitchen & floor to ceiling windows in the master suite offering breathtaking bay views.

Last Agent to Sell the Property

Daniel Hertzberg

Coldwell Banker Realty License #3212309 Listed on: 05/15/2018

Coldwell Banker Realty

Co-Listed By

Alyssa Brinegar Morgan

The Inside Network License #3302039

Last Buyer's Agent

Bryan T. Halda, CRS, P.A.

Gray & Associates Prop. Inc. License #3097334

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $127,009

Year Built

  • Built in 2010

Lot Details

  • 7,000 Sq Ft Lot
  • 53 Ft Wide Lot
  • Home fronts a canal
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 4 Car Garage

Home Design

  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,952 Sq Ft Home
  • Family Room
  • Den
  • Storage Room
  • Sauna
  • Canal Views

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Maid or Guest Quarters

Laundry

  • Laundry in Utility Room
  • Dryer

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-05-002-0211

Community Details

Overview

  • Property has a Home Owners Association
  • Riviera 1St & 2Nd Addn Am Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$127,009

Year Built

Built in 2010

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: 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, Microwave, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Den/Library/Office, Family Room, Maid/In-Law Quarters, Sauna, Storage, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 4952
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Sauna, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Flat Roof With Facade Front
  • View: Canal
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Other
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

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

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated Community, Security Patrol, Street Lights
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-42-05-002-0211
  • Lot Size Sq Ft: 7000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 127009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Apr 8, 2019
Sold by
Sarnicola Nicklas C and Sarnicola Ashley R
Bought by
Beale Christopher W
Seller's Agent
Daniel Hertzberg
Coldwell Banker Realty
Buyer's Agent
Bryan T. Halda, CRS, P.A.
Gray & Associates Prop. Inc.
List Price
$6,999,000
Sold Price
$6,300,000
Premium/Discount to List
-$699,000
-9.99%
Current Estimated Value
$9,231,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,931,921
Avg. Annual Appreciation
6.46%

Purchase Details

Listed on
Nov 2, 2012
Closed on
May 17, 2013
Sold by
Bigdoli Hassan Jalali and Vargas Jalali Viviana
Bought by
Sarnicola Nicklas C and Sarnicola Ashley R
Seller's Agent
Julian Johnston
The Corcoran Group
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$7,950,000
Sold Price
$6,500,000
Premium/Discount to List
-$1,450,000
-18.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.53%
Original Mortgage
$4,550,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2009
Sold by
Weisgal Solomon
Bought by
Malo Andres F

Purchase Details

Closed on
Oct 18, 2006
Sold by
Jonas Gerald R
Bought by
Jalali Bidgoli Hassan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,780,000
Interest Rate
6.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 15, 2004
Sold by
Craven James Stanton and Craven Virginia S
Bought by
Jonas Gerald
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
Beale Christopher W $6,250,000 Attorney
Sarnicola Nicklas C $6,499,999 Clear Title Group Llc
Malo Andres F $1,200,000 Attorney
Jalali Bidgoli Hassan -- Attorney
Jonas Gerald $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarnicola Nicklas C $4,550,000
Previous Owner Jalali Bidgoli Hassan $3,480,000
Previous Owner Jalali Bidgoli Hassan $1,780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2019 04/09/19 Sold $6,300,000 -3.1% $1,272 / Sq Ft
01/23/2019 01/23/19 Price Changed $6,499,999 -3.0% $1,313 / Sq Ft
11/05/2018 11/05/18 Price Changed $6,700,000 -4.3% $1,353 / Sq Ft
05/15/2018 05/15/18 For Sale $6,999,000 +7.7% $1,413 / Sq Ft
05/21/2013 05/21/13 Sold $6,500,000 -3.7% $984 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
01/31/2013 01/31/13 Price Changed $6,750,000 -2.2% $1,022 / Sq Ft
01/22/2013 01/22/13 Price Changed $6,900,000 -7.4% $1,044 / Sq Ft
01/16/2013 01/16/13 Price Changed $7,450,000 +7.2% $1,128 / Sq Ft
12/27/2012 12/27/12 Price Changed $6,950,000 -4.8% $1,052 / Sq Ft
12/12/2012 12/12/12 Price Changed $7,299,000 -8.2% $1,105 / Sq Ft
11/02/2012 11/02/12 For Sale $7,950,000 -- $1,203 / 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 $126,332 $6,797,106 -- --
2024 $123,389 $6,608,519 -- --
2023 $123,389 $6,416,038 $4,340,000 $2,076,038
2022 $100,508 $5,106,610 $0 $0
2021 $92,027 $4,642,373 $2,520,000 $2,122,373
2020 $92,722 $4,665,953 $2,520,000 $2,145,953
2019 $118,836 $6,049,729 $2,520,000 $3,529,729
2018 $116,782 $6,088,093 $2,520,000 $3,568,093
2017 $127,009 $6,532,458 $0 $0
2016 $124,496 $6,304,822 $0 $0
2015 $118,932 $5,806,792 $0 $0
2014 $108,878 $5,278,902 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10469653

MIAMI REALTORS® MLS

APN: 02-4205-002-0211