NOT LISTED FOR SALE

28 Star Island Dr Miami Beach, FL 33139

Star, Palm and Hibiscus Islands Neighborhood

Estimated Value: $7,591,000 - $18,849,084

0.92 Acre
$14,396,213 Price per Acre
40,001 Sq Ft Lot

Last Sold December 15, 2020

Last sale price $13,300,000

Est. 1% decrease in value since last sale

Current estimated payment $101,302/month

410 Days on Market

Highlights

  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • No HOA
  • South Pointe Elementary School Rated A-
  • 0.92 Acre Lot
  • Landscaped with Trees

About This Lot

As of December 2020

A rare opportunity to own this land on prestigious Star Island and build your dream home. This 40,000 square foot lot offers 100 ft of sparkling waterfront and breathtaking views of the wide bay and Miami Beach. Enjoy living in one of 34 homes on this elite and exclusive island paradise.

Last Agent to Sell the Property

Jill Hertzberg

Coldwell Banker Realty License #0551544 Listed on: 07/31/2019

Coldwell Banker Realty

Co-Listed By

Jill Eber

Coldwell Banker Realty License #0333469

Last Buyer's Agent

Bento Queiroz

Compass Florida, LLC License #3242275

Compass Florida, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $210,853

Lot Details

  • 0.92 Acre Lot
  • 100 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Fenced
  • Landscaped with Trees
  • Property is zoned 2200

Property Views

  • Bay Views

Listing and Financial Details

  • Assessor Parcel Number 02-42-04-001-0235

Community Details

Overview

  • No Home Owners Association
  • Corrected Pl Of Star Isla Condos
  • Corrected Pl Of Star Isla Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges

Property Details

Property Type

Land

Est. Annual Taxes

$210,853

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Other
  • Lot Size Acres: 0.9183
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: CORRECTED PL OF STAR ISLA
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • View: Bay View
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Fenced
  • Other Structures: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CORRECTED PL OF STAR ISLA

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-42-04-001-0235
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 40000
  • Zoning: 2200
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 210853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Dec 15, 2020
Sold by
Mip 28 Star Island Llc
Bought by
Qriar Island Corp
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Bento Queiroz
Compass Florida, LLC
List Price
$15,900,000
Sold Price
$13,300,000
Premium/Discount to List
-$2,600,000
-16.35%
Current Estimated Value
$13,220,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,958
Avg. Annual Appreciation
-0.42%
Original Mortgage
$6,650,000
Outstanding Balance
$5,957,917
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$7,082,261

Purchase Details

Listed on
Jul 9, 2012
Closed on
May 23, 2014
Sold by
Villa Maria Helena Holdings Llc
Bought by
Mip 28 Star Island Llc
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$10,500,000
Sold Price
$10,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%

Purchase Details

Closed on
Jun 7, 2005
Sold by
Varela Jeannette
Bought by
Villa Maria Helena Holdings Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Qriar Island Corp $13,300,000 Attorney
Mip 28 Star Island Llc $7,875,000 None Available
Mip 28 Star Island Llc $10,500,000 Attorney
Villa Maria Helena Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qriar Island Corp $6,650,000
Previous Owner Villa Maria Helena Holdings Llc $4,650,000
Previous Owner Villa Maria Helena Holdings Llc $3,580,070
Previous Owner Villa Maria Helena Holdings Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $13,300,000 -1.5% --
05/07/2020 05/07/20 Price Changed $13,500,000 -9.4% --
01/27/2020 01/27/20 Price Changed $14,900,000 -1.3% --
12/18/2019 12/18/19 Price Changed $15,100,000 -1.3% --
10/25/2019 10/25/19 Price Changed $15,300,000 -3.8% --
07/12/2019 07/12/19 For Sale $15,900,000 +51.4% --
05/22/2014 05/22/14 Sold $10,500,000 0.0% $263 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
07/05/2012 07/05/12 For Sale $10,500,000 -- $263 / 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 $352,905 $16,397,920 -- --
2024 $303,433 $14,907,200 -- --
2023 $303,433 $13,552,000 $0 $0
2022 $266,471 $12,320,000 $0 $0
2021 $220,401 $11,200,000 $11,200,000 $0
2020 $205,347 $10,400,000 $10,400,000 $0
2019 $217,170 $11,000,000 $11,000,000 $0
2018 $210,853 $11,000,000 $11,000,000 $0
2017 $212,794 $10,890,000 $0 $0
2016 $205,667 $9,900,000 $0 $0
2015 $187,115 $9,000,000 $0 $0
2014 $123,043 $4,924,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill Hertzberg

    Seller's Agent in 2020

    Jill Hertzberg

    Coldwell Banker Realty

    (305) 788-5455

    9 in this area

    181 Total Sales

    Jill Hertzberg
    Section Image
  • Jill Eber

    Seller Co-Listing Agent in 2020

    Jill Eber

    Coldwell Banker Realty

    (305) 915-2556

    7 in this area

    139 Total Sales

    Jill Eber
    Section Image
  • Bento Queiroz

    Buyer's Agent in 2020

    Bento Queiroz

    Compass Florida, LLC

    (786) 838-6587

    1 in this area

    75 Total Sales

    Bento Queiroz
    Section Image

  • N

    Buyer's Agent in 2014

    NON-MLS MEMBER

    MAR NON MLS MEMBER

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10712332

MIAMI REALTORS® MLS

APN: 02-4204-001-0235

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

28 Star Island Dr, Miami Beach, FL

This home is located at 28 Star Island Dr, Miami Beach, FL 33139 since 31 July 2019 and is currently estimated at $13,220,042. 28 Star Island Dr 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.

Nearby Homes