NOT LISTED FOR SALE

Estimated Value: $9,015,000 - $21,841,458

7 Beds
8.5 Baths
7,725 Sq Ft
$1,997/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $17,250,000 $2,233 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $103,898/month

121 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • 1 Bedroom Guest House
  • North Beach Elementary School Rated A-
  • Guest House
  • Boat Lift

About This Home

As of April 2022

FULLY RENOVATED, 2-STORY WATERFRONT HOME ON A PRIVATE AND GATED COMPOUND LOCATED ON SUNSET ISLAND. 7,725 SF INTERIOR ON A 20,000 SF LOT WITH 100 FEET ON THE WATER. HOME FEATURES 7 BEDROOMS, 8.5 BATHROOMS, IMPACT WINDOWS & DOORS, GUEST HOUSE, MEDIA ROOM, COVERED PATIO, BALCONIES, MOTORCOURT WITH AMPLE PARKING, 2-CAR GARAGE, LUSH LANDSCAPING, GOURMET KITCHEN, HEATED SWIMMING POOL, OUTDOOR KITCHEN + BBQ, OUTDOOR SHOWER, PRIVATE DOCK WITH BOAT LIFT.
WALKING DISTANCE TO SUNSET HARBOUR, CLOSE PROXIMITY TO LINCOLN ROAD, I-95, HOSPITALS, SCHOOLS, AND PARKS.

Last Agent to Sell the Property

David Solomon

Coldwell Banker Realty License #3185025 Listed on: 10/26/2021

Coldwell Banker Realty

Co-Listed By

Jacqueline Oliva

Coldwell Banker Realty License #3429202

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $118,333

Year Built

  • Built in 1937

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Waterfront
  • North Facing Home
  • Property is zoned 2100

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,725 Sq Ft Home
  • 2-Story Property
  • Furniture for Sale
  • French Doors
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Media Room
  • Sun or Florida Room
  • Property Views

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Boat Lift
  • Private Dock
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • Guest House
  • 1 Bedroom Guest House
  • One Bathroom Guest House

Schools

  • North Beach Elementary School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-28-001-0010

Community Details

Overview

  • Club Membership Required
  • Sunset Islands Island No Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$118,333

Year Built

Built in 1937

Lot Details

0.46 Acres

HOA Fees

$208 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Mediterranean
  • Co List Office Mls Id: EWM 04
  • Co List Office Phone: 305-674-4000
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Other,Private Dock
  • Lot Size: 100x200
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SUNSET ISLANDS-ISLAND NO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, French Doors, Walk-In Closet(s), Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: High Impact Doors, French Doors
  • Flooring: Marble, Other, Wood
  • Furnished: Furniture For Sale
  • Living Area: 7725
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, High Impact Windows, Impact Glass, Other Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Kitchen Dining, Other
  • Living Room Features: Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Guest House, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Other
  • View: Other
  • Exterior Features: Barbeque, Lighting, Outdoor Shower
  • Construction Type: CBS Construction, Other
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, 3/4 To Less Than 1 Acre Lot, Other Lot Description
  • Other Structures: Guest House
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SUNSET ISLANDS-ISLAND NO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Other

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: 2500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Mandatory Hoa, Other
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: North Beach

Lot Info

  • Parcel Number: 02-32-28-001-0010
  • Lot Size Sq Ft: 20000
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 118333

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Apr 25, 2022
Sold by
Andrew Sasson Revocable Trust
Bought by
Karides Constantine and Karides Angela
Seller's Agent
David Solomon
Coldwell Banker Realty
List Price
$19,250,000
Sold Price
$17,250,000
Premium/Discount to List
-$2,000,000
-10.39%
Current Estimated Value
$15,428,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,821,771
Avg. Annual Appreciation
-2.83%
Original Mortgage
$12,075,000
Outstanding Balance
$11,331,501
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$4,096,728

Purchase Details

Closed on
May 31, 2017
Sold by
Muench Michhelle
Bought by
Sasson Andrew

Purchase Details

Closed on
May 3, 2016
Sold by
Sasson Andrew
Bought by
Sasson Andrew

Purchase Details

Listed on
Sep 8, 2014
Closed on
Jan 9, 2015
Sold by
Montejo Wilfredo J and Montejo Barbara
Bought by
Sasson Andrew
Seller's Agent
Jeri Jenkins
Coldwell Banker Realty
Buyer's Agent
David Lombardi
Lombardi Properties
List Price
$8,500,000
Sold Price
$8,340,000
Premium/Discount to List
-$160,000
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
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

Date Buyer Sale Price Title Company
Karides Constantine $17,250,000 Clear Title
Sasson Andrew $2,325,000 None Available
Sasson Andrew -- Attorney
Sasson Andrew $8,340,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karides Constantine $12,075,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2022 04/25/22 Sold $17,250,000 -10.4% $2,233 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
10/26/2021 10/26/21 For Sale $19,250,000 0.0% $2,492 / Sq Ft
07/08/2019 07/08/19 Rented $38,000 -15.4% --
07/01/2019 07/01/19 Under Contract -- -- --
01/30/2019 01/30/19 For Rent $44,900 +23.0% --
05/10/2018 05/10/18 Rented $36,500 -18.9% --
04/23/2018 04/23/18 Under Contract -- -- --
03/06/2018 03/06/18 For Rent $45,000 -10.0% --
11/03/2017 11/03/17 Rented $50,000 +11.4% --
11/02/2017 11/02/17 Under Contract -- -- --
08/09/2017 08/09/17 For Rent $44,900 0.0% --
01/20/2015 01/20/15 Sold $8,340,000 -1.9% $1,160 / Sq Ft View Prior Sale
12/16/2014 12/16/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $8,500,000 -- $1,182 / 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 $280,978 $15,179,171 -- --
2024 $274,189 $14,993,786 -- --
2023 $274,189 $14,509,872 $12,540,000 $1,969,872
2022 $149,962 $7,299,992 $0 $0
2021 $128,135 $6,636,357 $5,386,500 $1,249,857
2020 $121,992 $6,301,362 $5,040,000 $1,261,362
2019 $122,334 $6,312,868 $5,040,000 $1,272,868
2018 $120,022 $6,382,697 $5,392,800 $989,897
2017 $121,712 $6,391,419 $0 $0
2016 $117,466 $6,047,340 $0 $0
2015 $17,975 $947,654 $0 $0
2014 $18,284 $940,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11116502

MIAMI REALTORS® MLS

APN: 02-3228-001-0010

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