NOT LISTED FOR SALE

Estimated Value: $2,632,000

9 Beds
8.5 Baths
7,947 Sq Ft
$331/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $29,000,000 $3,649 Per Sq Ft

Current estimated payment $16,326/month

29 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Property Fronts a Bay or Harbor
  • Coconut Grove Elementary School Rated A
  • Guest House
  • 2-minute walk to Alice Wainwright Park

About This Home

As of December 2021

Once in a lifetime opportunity to own a sprawling waterfront estate with a history that no one else can claim. Formerly owned by Madonna, the ultra-private gated residence sits on an oversized 51,000 sq.ft lot with 100 ft of water frontage. Showcasing breathtaking open bay views, this is one of only 6 waterfront homes in the exclusive enclave & the only one for sale with a dock. Interiors span 8,400 sq.ft with 9 beds & 8.5 baths, offering Mediterranean-style architecture with a grand coral staircase, spacious kitchen and great room with intricate millwork. Lush landscaping surrounds the grounds, an ideal setting to restore or build new. Nestled in one of Miami’s most desired locations, this property presents a secluded retreat next to famed Vizcaya, and minutes to Brickell & Miami Beach.

Last Agent to Sell the Property

Ruthie Assouline

Douglas Elliman License #3470533 Listed on: 11/17/2021

Douglas Elliman

Co-Listed By

Ethan Assouline

Douglas Elliman License #3469537

Last Buyer's Agent

Julian Johnston

The Corcoran Group License #3041178

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $191,847

Year Built

  • Built in 1928

Lot Details

  • 1.17 Acre Lot
  • 100 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Southeast Facing Home
  • Property is zoned 0100

Parking

  • 3 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Stone

Interior Spaces

  • 7,947 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Bay Views
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Concrete Pool
  • Property has ocean access
  • Seawall
  • Private Dock
  • Deck
  • Exterior Lighting
  • Shed

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Brickells Flagler Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-39-001-2690

Home Details

Home Type

Single Family

Est. Annual Taxes

$191,847

Year Built

Built in 1928

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1928
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock, Dock Available,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BRICKELLS FLAGLER
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Second Floor Entry, Built-in Features, Cooking Island, Entrance Foyer, Den/Library/Office, Family Room, Great Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 7947
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs, Master Bath Shower, Master Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Separate Guest/In-Law Quarters, Guest House, Maid/In-Law Quarters

Exterior Features

  • Roof: Barrel Roof
  • View: Bay
  • Exterior Features: Lighting
  • Construction Type: Stone
  • Direction Faces: Southeast
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Extra Building/Shed, Guest House
  • Patio And Porch Features: Deck
  • Pool Features: Concrete, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BRICKELLS FLAGLER
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-39-001-2690
  • Lot Size Sq Ft: 51000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 191847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2023
Sold by
3007Miami Llc
Bought by
Brickell Holdings Trust and Morelli
Current Estimated Value
$2,632,000

Purchase Details

Closed on
Jul 31, 2023
Sold by
Brickell Holdings Trust
Bought by
3007Miami Llc

Purchase Details

Listed on
Nov 17, 2021
Closed on
Dec 27, 2021
Sold by
Gunther Corp
Bought by
Brickell Holdings Trust
Seller's Agent
Ruthie Assouline
Douglas Elliman
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$31,750,000
Sold Price
$29,000,000
Premium/Discount to List
-$2,750,000
-8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-44.19%

Purchase Details

Closed on
Jul 17, 2000
Sold by
Madonna Ciccone Tr
Bought by
Gunther Corp

Purchase Details

Closed on
Jul 15, 1999
Sold by
Madonna Ciccone Tr
Bought by
Ciccone Madonna
Source: Public Records
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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
Brickell Holdings Trust $20,300,000 None Listed On Document
Brickell Holdings Trust $20,300,000 None Listed On Document
3007Miami Llc $20,300,000 None Listed On Document
3007Miami Llc $20,300,000 None Listed On Document
Brickell Holdings Trust $29,000,000 Piero Salussolia Pa
Gunther Corp $7,500,000 --
Ciccone Madonna -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $29,000,000 -8.7% $3,649 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $31,750,000 -- $3,995 / 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 $647,991 $32,851,348 -- --
2024 $551,105 $31,900,540 $24,320,000 $7,580,540
2023 $551,105 $25,117,545 $0 $0
2022 $479,411 $22,834,132 $14,280,000 $8,554,132
2021 $191,847 $8,624,449 $6,171,000 $2,453,449
2020 $192,464 $8,644,052 $6,171,000 $2,473,052
2019 $192,684 $8,663,813 $6,171,000 $2,492,813
2018 $189,173 $8,683,578 $6,171,000 $2,512,578
2017 $191,576 $8,703,343 $0 $0
2016 $197,041 $8,719,748 $0 $0
2015 $181,998 $7,927,044 $0 $0
2014 $171,435 $7,226,905 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11125469

MIAMI REALTORS® MLS

APN: 01-4139-001-2690