NOT LISTED FOR SALE

Estimated Value: $3,808,054 - $6,839,000

4 Beds
4.5 Baths
3,612 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold March 25, 2014

Last sale price $1,340,000 $371 Per Sq Ft

Est. 250% increase in value since last sale

Current estimated payment $28,694/month

Highlights

  • Gated with Attendant
  • Outdoor Pool
  • 1 Car Garage
  • South Pointe Elementary School Rated 9+
  • No HOA
  • 1-minute walk to Palm Island Park

About This Home

As of August 2019

Completely renovated 4 bedroom, 4.5 bathroom home located on guard-gated Palm Island. The home features spacious living areas, modern finishes and terraces off the upstairs bedrooms. Driveway parking and access from the south side, and one-car garage access from the north side. The island amenities include basketball and tennis courts, and is conveniently located between Miami Beach and Downtown Miami

Last Agent to Rent the Property

Julian Johnston

The Corcoran Group License #3041178 Listed on: 05/06/2019

The Corcoran Group

Last Renter's Agent

Julian Johnston

The Corcoran Group License #3041178 Listed on: 05/06/2019

The Corcoran Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 6,000 Sq Ft Lot
  • South Facing Home
  • Property is zoned 0100

Parking

  • 1 Car Garage

Home Design

  • 3,612 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Outdoor Pool

Listing and Financial Details

  • Property Available on 5/6/19
  • Assessor Parcel Number 02-42-05-002-0351

Community Details

Overview

  • No Home Owners Association
  • Riviera 1St & 2Nd Addn Am Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2019-05-06

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1991
  • Property Sub Type: Single Family Residence
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: RIVIERA 1ST & 2ND ADDN AM
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Furnished: Unfurnished
  • Living Area: 3612

Exterior Features

  • Direction Faces: South
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Security: Gated with Guard

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-42-05-002-0351
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2022
Sold by
Connell Michael Lansfield and Connell Gwen Patrici
Bought by
Jamexican Revocable Trust
Current Estimated Value
$4,693,276

Purchase Details

Closed on
Sep 8, 2021
Sold by
Bidgoli Hossein Jalali and Bidgoli Fatemeh Ghaemi
Bought by
Connell Michael Lansfield and Connell Gwen Particia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,955,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2014
Closed on
Mar 24, 2014
Sold by
South Florida Heritage Trust Llc
Bought by
Bidgoli Hossein Jalali and Bidgoli Fatemeh Ghaemi
Seller's Agent
Paul Silverstein
RE/MAX Advance Realty
Buyer's Agent
Reza Shabani
Ava Realty Group LLC
List Price
$1,495,000
Sold Price
$1,340,000
Premium/Discount to List
-$155,000
-10.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%

Purchase Details

Listed on
Jan 22, 2013
Closed on
Aug 16, 2013
Sold by
Nero Frank R and Nero Geraldine A
Bought by
South Florida Heritage Trust Llc
Seller's Agent
Eric Seder
Envision Realty Group
Buyer's Agent
Eric Seder
Envision Realty Group
List Price
$1,650,000
Sold Price
$1,290,000
Premium/Discount to List
-$360,000
-21.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$400,000
Interest Rate
4.39%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 21, 2005
Sold by
Nero Frank R and Nero Geraldine A
Bought by
Nero Frank R and Nero Geraldine A

Purchase Details

Closed on
Mar 28, 1997
Sold by
Adrian Alvaro L and Adrian Vivian
Bought by
Nero Frank and Nero Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.69%
Mortgage Type
New Conventional
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jamexican Revocable Trust -- --
Connell Michael Lansfield $2,300,000 A & A Title
Bidgoli Hossein Jalali $1,340,000 Attorney
South Florida Heritage Trust Llc $1,285,000 Attorney
Nero Frank R -- --
Nero Frank $407,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Connell Michael Lansfield $1,955,000
Previous Owner South Florida Heritage Trust Llc $400,000
Previous Owner Nero Frank $50,000
Previous Owner Nero Frank $338,000
Previous Owner Nero Frank $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2019 08/23/19 Rented $8,500 -10.5% --
07/26/2019 07/26/19 Price Changed $9,500 -13.6% $3 / Sq Ft
05/06/2019 05/06/19 Price Changed $11,000 +4.8% $3 / Sq Ft
05/06/2019 05/06/19 For Rent $10,500 +27.3% --
06/01/2018 06/01/18 Rented $8,250 -16.7% --
02/22/2018 02/22/18 Price Changed $9,900 -9.2% $3 / Sq Ft
01/31/2018 01/31/18 Price Changed $10,900 -8.4% $3 / Sq Ft
01/29/2018 01/29/18 Price Changed $11,900 +1.3% $3 / Sq Ft
10/10/2017 10/10/17 For Rent $11,750 0.0% --
03/25/2014 03/25/14 Sold $1,340,000 -10.4% $381 / Sq Ft View Prior Sale
03/04/2014 03/04/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $1,495,000 +15.9% $425 / Sq Ft
08/16/2013 08/16/13 Sold $1,290,000 -13.9% $365 / Sq Ft View Prior Sale
05/01/2013 05/01/13 Pending -- -- --
03/26/2013 03/26/13 Price Changed $1,499,000 -3.3% $424 / Sq Ft
03/03/2013 03/03/13 Price Changed $1,550,000 -6.1% $439 / Sq Ft
01/24/2013 01/24/13 For Sale $1,650,000 -- $467 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $51,858 $2,591,964 $1,680,000 $911,964
2024 $49,521 $2,604,062 $1,680,102 $923,960
2023 $49,521 $2,465,884 $1,529,928 $935,956
2022 $41,702 $2,063,807 $1,115,856 $947,951
2021 $31,077 $1,485,686 $989,982 $495,704
2020 $29,578 $1,491,879 $989,982 $501,897
2019 $28,146 $1,498,052 $989,982 $508,070
2018 $25,929 $1,504,224 $989,982 $514,242
2017 $21,938 $1,014,896 $0 $0
2016 $20,997 $1,017,068 $0 $0
2015 $20,892 $977,092 $0 $0
2014 $21,614 $983,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10668961

MIAMI REALTORS® MLS

APN: 02-4205-002-0351