NOT LISTED FOR SALE

Estimated Value: $3,480,000 - $5,982,000

5 Beds
4 Baths
3,547 Sq Ft
$1,285/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2012

Last sale price $926,000 $261 Per Sq Ft

Est. 392% increase in value since last sale

Current estimated payment $27,785 / mo

Highlights

  • Gated with Attendant
  • Heated Pool
  • Deck
  • South Pointe Elementary School Rated 9+
  • Bay View
  • 1-minute walk to Palm Island Park

About This Home

As of August 2023

Beautifully renovated mid-century villa on Palm Island, fully furnished and adorned with world-class art. Located on an exclusive gated island with 24/7 police security, minutes from Miami and South Beach. This home is a perfect retreat for anyone looking for quality of life, security, peace and privacy. Enjoy the lush gardens, new heated pool, play your favorite tune on the piano or admire the sunset from the rooftop terrace. This home will spoil you. Full automation in security, sound, light and temperature control systems. With the Tesla wall connector this home is also electric-car friendly.

Last Renter's Agent

Jasmin Brackett

Luxe Living Realty License #3521016

Luxe Living Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 6,000 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Rectangular Lot
  • Paved or Partially Paved Lot

Property Views

  • Bay
  • Garden

Home Design

  • Entry on the 1st floor
  • Barrel Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,547 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-In Features
  • Bar
  • Fireplace
  • Blinds
  • Formal Dining Room
  • Open Floorplan
  • Wood Flooring
  • Home Security System

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • 2 Attached Carport Spaces
  • Garage Door Opener
  • On-Street Parking

Pool

  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Outdoor Living Area
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Miami Beach South Pointe Elementary School
  • Miami Beach Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 4/15/23
  • The owner pays for association fees
  • Assessor Parcel Number 0242050020380

Community Details

Recreation

  • Tennis Courts

Security

  • Gated with Attendant
  • Card or Code Access

Additional Features

  • Riviera 1St & 2Nd Addn Am Subdivision
  • Picnic Area

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

6,000 Sq Ft Lot

Rental Info

  • Owner Pays: Association Fees
  • Available Date: 2023-04-15

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Access property through to Palm Island and go through the security gate - visitors lane.
  • Year Built: 1938
  • Carport Y N: Yes
  • Entry Level: 1
  • Unit Levels: Multi/Split
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, Family/Dining Room, Kitchen Island, Kitchen/Dining Combo, Pantry, Walk-In Closet(s), Bar
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Living Area: 3547.0
  • Stories: 3
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Barbecue, Lighting, Outdoor Living Area, Outdoor Shower
  • View: Bay, Garden
  • Fencing: Fenced
  • Lot Features: Rectangular Lot
  • Pool Features: Heated, Private
  • Pool Private: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Frame, Other, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Deck, Open, Patio, Balcony
  • Roof: Barrel

Garage/Parking

  • Carport Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Carport, Garage, Garage Door Opener, On Street

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Gated with Guard, Key Card Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer Available

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Street Lights
  • Senior Community: No
  • Amenities: Other, Picnic Area, Sidewalks, Tennis Court(s)
  • Pets Allowed: No Pet Restrictions, Yes

Schools

  • Elementary School: Miami Beach South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Miami Beach Nautilus

Lot Info

  • Parcel #: 0242050020380
  • Land Lease Amount Frequency: Monthly
  • Lot Size Acres: 0.14
  • Mobile Dim Units: Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2011
Closed on
Feb 28, 2012
Sold by
Bought by
Seller's Agent
Marisela Cisneros
One Sotheby's International Realty
Buyer's Agent
Keith Marks
Brown Harris Stevens
List Price
$926,000
Sold Price
$926,000
Current Estimated Value
$4,556,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,630,853
Avg. Annual Appreciation
11.74%
Original Mortgage
$601,900
Outstanding Balance
$439,626
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,117,227

Purchase Details

Closed on
Feb 4, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,724
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$926,000 Attorney
$455,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $601,900
Previous Owner $160,000
Previous Owner $516,724
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Rented $21,000 -30.0% --
07/28/2023 07/28/23 Under Contract -- -- --
07/29/2022 07/29/22 For Rent $30,000 +17.6% --
07/28/2021 07/28/21 Rented $25,500 -12.1% --
07/22/2021 07/22/21 Under Contract -- -- --
06/16/2021 06/16/21 Price Changed $29,000 -17.1% $8 / Sq Ft
05/05/2021 05/05/21 For Rent $35,000 0.0% --
11/03/2020 11/03/20 Rented $35,000 +34.6% --
11/02/2020 11/02/20 Under Contract -- -- --
10/27/2020 10/27/20 Price Changed $26,000 +20.9% $7 / Sq Ft
10/08/2020 10/08/20 Price Changed $21,500 +10.3% $6 / Sq Ft
07/20/2020 07/20/20 For Rent $19,500 +5.4% --
03/20/2020 03/20/20 Rented $18,500 +12.1% --
03/10/2020 03/10/20 For Rent $16,500 +51.4% --
03/25/2017 03/25/17 Rented $10,900 -15.5% --
02/23/2017 02/23/17 For Rent $12,900 +17.4% --
03/01/2016 03/01/16 Rented $10,990 -26.2% --
02/02/2016 02/02/16 Under Contract -- -- --
09/21/2015 09/21/15 For Rent $14,900 0.0% --
02/28/2012 02/28/12 Sold $926,000 0.0% $321 / Sq Ft View Prior Sale
01/06/2012 01/06/12 Pending -- -- --
12/21/2011 12/21/11 For Sale $926,000 -- $321 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $39,794 $2,019,164 -- --
2024 $37,002 $1,835,604 -- --
2023 $37,002 $1,668,731 $0 $0
2022 $32,223 $1,517,029 $0 $0
2021 $29,019 $1,379,118 $989,982 $389,136
2020 $29,136 $1,381,487 $989,982 $391,505
2019 $27,726 $1,307,356 $989,982 $317,374
2018 $25,504 $1,310,526 $989,982 $320,544
2017 $23,882 $1,082,930 $0 $0
2016 $22,575 $984,482 $0 $0
2015 $21,129 $894,984 $0 $0
2014 $18,596 $813,622 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11248476

BeachesMLS (Greater Fort Lauderdale)

APN: 02-4205-002-0380

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