NOT LISTED FOR SALE

2850 Flamingo Dr Miami Beach, FL 33140

Bayshore Neighborhood

Estimated Value: $4,621,000 - $5,640,000

4 Beds
4 Baths
3,643 Sq Ft
$1,373/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $4,700,000 $1,290 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $31,649/month

17 Days on Market

Highlights

  • Marble Flooring
  • Main Floor Bedroom
  • Mediterranean Architecture
  • North Beach Elementary School Rated A-
  • Garden View
  • No HOA

About This Home

As of May 2022

Architectural jewel built in 1935. Mediterranean Revival/Art Deco, Iconic "Med-Deco Style" in superb neighborhood with a 7 minute walk to beach. Great floor plan, impeccably maintained, beautiful stone floors, charming Art Deco features throughout residence, coral rock terraces and walkways, clay barrel tile roof. First floor has formal living room w/ decorative stone fireplace & hurricane impact French doors plus a bright den/library & formal dining room. A large modern kitchen and spacious family room open up to lush gardens. First floor also has 2 bedroom and 2 baths. Up the gorgeous stone staircase is the main bedroom with updated main bath + spacious childrens's/guest room with private bath. Room for a pool. Beach access over footbridge, immediately in front of home.

Last Agent to Sell the Property

Rita Herrera

London Foster Realty License #0422952 Listed on: 03/15/2022

London Foster Realty

Last Buyer's Agent

Adam Freeman

PMG Residential LLC License #3261408

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,432

Year Built

  • Built in 1935

Lot Details

  • 0.3 Acre Lot
  • East Facing Home
  • Property is zoned 0800

Parking

  • 6 Car Garage
  • Attached Carport
  • Driveway
  • Guest Parking
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,643 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Decorative Fireplace
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room
  • Den
  • Garden Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Studio bedroom
  • Closet Cabinetry
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Clear Impact Glass
  • High Impact Door

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Flamingo Terrace Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-002-0980

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,432

Year Built

Built in 1935

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 1935
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: FLAMINGO TERRACE SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Entrance Foyer, French Doors, Den/Library/Office, Family Room
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace, Decorative
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 3643
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs, Studio
  • Living Room Features: Den/Library/Office, Family Room

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: FLAMINGO TERRACE SUB
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-26-002-0980
  • Lot Size Sq Ft: 13263
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 30432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
May 3, 2022
Sold by
Regia Concordia Llc
Bought by
Freeman Adam
Seller's Agent
Rita Herrera
London Foster Realty
Buyer's Agent
Adam Freeman
PMG Residential LLC
List Price
$4,500,000
Sold Price
$4,700,000
Premium/Discount to List
$200,000
4.44%
Current Estimated Value
$5,000,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,247
Avg. Annual Appreciation
1.80%
Original Mortgage
$3,000,000
Outstanding Balance
$2,810,436
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$2,189,811

Purchase Details

Listed on
Jan 19, 2012
Closed on
Mar 1, 2012
Sold by
Simon Russell and Russell Leslie S
Bought by
Regia Cokncordia Llc
Seller's Agent
Nancy Batchelor
Compass Florida, LLC
Buyer's Agent
Ralph De Martino
Ocean International Realty
List Price
$1,420,000
Sold Price
$1,420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%

Purchase Details

Closed on
May 10, 1995
Sold by
Belcher Blanton T and Shockey Donald P
Bought by
Russell Simon and Russell Leslie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
8.38%
Source: Public Records

Range of Values:

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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
Freeman Adam $4,700,000 Adams Gallinar Pa
Regia Cokncordia Llc $1,420,000 Attorney
Russell Simon $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Adam $3,000,000
Previous Owner Russell Simon $414,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2022 05/10/22 Sold $4,700,000 +4.4% $1,290 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $4,500,000 +216.9% $1,235 / Sq Ft
03/01/2012 03/01/12 Sold $1,420,000 0.0% $407 / Sq Ft View Prior Sale
02/15/2012 02/15/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $1,420,000 -- $407 / 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 $65,719 $3,641,152 -- --
2024 $71,659 $3,538,535 -- --
2023 $71,659 $3,435,471 $2,917,860 $517,611
2022 $38,354 $1,733,735 $0 $0
2021 $30,432 $1,576,123 $1,193,749 $382,374
2020 $38,531 $2,043,392 $1,658,095 $385,297
2019 $36,412 $2,046,314 $1,658,095 $388,219
2018 $33,344 $2,049,236 $1,658,095 $391,141
2017 $32,090 $1,472,067 $0 $0
2016 $28,815 $1,338,243 $0 $0
2015 $26,160 $1,216,585 $0 $0
2014 $23,498 $1,105,987 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rita Herrera

    Seller's Agent in 2022

    Rita Herrera

    London Foster Realty

    (305) 300-4760

    1 in this area

    8 Total Sales

    Rita Herrera
    Section Image
  • Adam Freeman

    Buyer's Agent in 2022

    Adam Freeman

    PMG Residential LLC

    (305) 962-6900

    3 in this area

    25 Total Sales

    Adam Freeman
    Section Image
  • Nancy Batchelor

    Seller's Agent in 2012

    Nancy Batchelor

    Compass Florida, LLC

    (786) 578-4122

    17 in this area

    404 Total Sales

    Nancy Batchelor
    Section Image
  • Ralph De Martino

    Buyer's Agent in 2012

    Ralph De Martino

    Ocean International Realty

    (305) 850-7769

    44 Total Sales

    Ralph De Martino
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11174342

MIAMI REALTORS® MLS

APN: 02-3226-002-0980

Florida Miami/Dade County Miami Beach 33140 Bayshore

2850 Flamingo Dr, Miami Beach, FL

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