NOT LISTED FOR SALE

247 Palm Ave Miami Beach, FL 33139

Star, Palm and Hibiscus Islands Neighborhood

Estimated Value: $4,418,000 - $6,029,000

4 Beds
4.5 Baths
3,397 Sq Ft
$1,579/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Furnished
  • Security Service
  • South Pointe Elementary School Rated A-
  • No HOA
  • 1-minute walk to Palm Island Park

About This Home

As of June 2024

Contemporary 4 bedroom / 4.5 bathroom home featuring an abundance of natural light. Boasting floating oakwood stairs, open entertaining floor plan, Veneta designer kitchen cabinets, surround sound and smart hometechnology with a beautiful landscaped pool. This impeccable home is located on the gated and highly sought afterPalm Island with security, tennis courts, parks and only a few minutes drive to Downtown Miami and Miami Beach.

Last Agent to Rent the Property

Julian Johnston

The Corcoran Group License #3041178 Listed on: 04/05/2023

The Corcoran Group

Last Renter's Agent

Diana Garchitorena

Douglas Elliman License #3040036

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,341

Year Built

  • Built in 2017

Lot Details

  • 6,000 Sq Ft Lot
  • Property is zoned 0100

Parking

  • 2 Car Garage

Interior Spaces

  • 3,397 Sq Ft Home
  • Furnished
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • In Ground Pool
  • Outdoor Pool

Listing and Financial Details

  • Property Available on 4/1/24
  • Assessor Parcel Number 02-42-05-002-0360

Community Details

Overview

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

Recreation

  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,341

Year Built

Built in 2017

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-04-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2017
  • 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: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor, Other
  • Furnished: Furnished
  • Living Area: 3397

Exterior Features

  • Roof: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

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

Condo/Co-op/Association

  • Amenities: Security Patrol
  • Association: No

Lot Info

  • Parcel Number: 02-42-05-002-0360
  • 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
Jul 6, 2018
Sold by
Venstyle2 Llc
Bought by
Buccellati Maria and Buccellati Lucrezia
Current Estimated Value
$5,365,354

Purchase Details

Closed on
Oct 17, 2012
Sold by
Arrogante Rachel F
Bought by
Venstyle2 Llc

Purchase Details

Closed on
Apr 5, 2004
Sold by
Arrogante Carlito B and Arrogante Rachel F
Bought by
Arrogante Rachel F

Purchase Details

Closed on
Nov 6, 1997
Sold by
Arrogante Rachel F and Arrogante Carlito B
Bought by
Arrogante Carlito B and Arrogante Rachel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 1997
Sold by
Arrogante Carlito B and Arrogante Rachel F
Bought by
Arrogante Rachel F

Purchase Details

Closed on
Feb 7, 1997
Sold by
Ramani George
Bought by
Arrogante Carlito B and Arrogante Rachel F

Purchase Details

Closed on
May 5, 1994
Sold by
Comesana Joe and Comesana Mercy
Bought by
Ramani George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.48%
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
Buccellati Maria $2,900,000 Attorney
Venstyle2 Llc $649,000 Attorney
Arrogante Rachel F -- --
Arrogante Carlito B $100 --
Arrogante Rachel F $100 --
Arrogante Carlito B $290,000 --
Ramani George $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venstyle2 Llc $1,530,000
Previous Owner Arrogante Carlito B $320,560
Previous Owner Arrogante Carlito B $258,750
Previous Owner Arrogante Carlito B $210,000
Previous Owner Ramani George $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Rented $27,500 -5.2% --
06/04/2024 06/04/24 Under Contract -- -- --
05/14/2024 05/14/24 Price Changed $29,000 -9.4% $9 / Sq Ft
08/15/2023 08/15/23 Price Changed $32,000 -8.6% $9 / Sq Ft
04/05/2023 04/05/23 For Rent $35,000 +9.4% --
08/30/2022 08/30/22 Rented $32,000 -8.6% --
08/15/2022 08/15/22 Price Changed $35,000 +40.0% $10 / Sq Ft
07/07/2022 07/07/22 Price Changed $25,000 +25.0% $7 / Sq Ft
01/06/2022 01/06/22 For Rent $20,000 -55.6% --
11/01/2021 11/01/21 Rented -- -- --
10/05/2021 10/05/21 Under Contract -- -- --
08/23/2021 08/23/21 Price Changed $45,000 -6.3% $13 / Sq Ft
04/06/2021 04/06/21 Price Changed $48,000 -20.0% $14 / Sq Ft
03/24/2021 03/24/21 Price Changed $60,000 +50.0% $18 / Sq Ft
03/16/2021 03/16/21 For Rent $40,000 -- --
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 $59,341 $2,988,133 $1,680,000 $1,308,133
2024 $56,856 $3,002,304 $1,680,102 $1,322,202
2023 $56,856 $2,802,864 $0 $0
2022 $50,801 $2,548,059 $1,115,856 $1,432,203
2021 $49,447 $2,437,107 $989,982 $1,447,125
2020 $49,831 $2,450,445 $989,982 $1,460,463
2019 $50,166 $2,465,350 $989,982 $1,475,368
2018 $29,592 $1,593,395 $989,982 $603,413
2017 $19,321 $812,132 $0 $0
2016 $18,217 $738,302 $0 $0
2015 $16,947 $671,184 $0 $0
2014 $14,630 $610,168 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julian Johnston

    Landlord's Agent in 2024

    Julian Johnston

    The Corcoran Group

    (305) 332-2346

    15 in this area

    229 Total Sales

    Julian Johnston
    Section Image
  • Diana Garchitorena

    Tenant's Agent in 2024

    Diana Garchitorena

    Douglas Elliman

    (305) 695-6300

    17 Total Sales

    Diana Garchitorena
    Section Image
  • David Pullman

    Buyer's Agent in 2022

    David Pullman

    One Sotheby's International Re

    (914) 906-9208

    2 in this area

    41 Total Sales

    David Pullman
    Section Image

  • N

    Buyer's Agent in 2021

    Nicole Holtzheuser

    Bass Realty and Investments

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11367919

MIAMI REALTORS® MLS

APN: 02-4205-002-0360

Florida Miami/Dade County Miami Beach 33139 Star, Palm and Hibiscus Islands

247 Palm Ave, Miami Beach, FL

This home is located at 247 Palm Ave, Miami Beach, FL 33139 since 05 April 2023 and is currently priced at $5,365,354. This property was built in 2017. 247 Palm Ave is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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