NOT LISTED FOR SALE

3031 Brickell Ave Miami, FL 33129

Northeast Coconut Grove Neighborhood

Estimated Value: $6,219,000 - $122,069,192

12 Beds
21 Baths
19,919 Sq Ft
$3,220/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $106,875,000 $5,365 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $499,575/month

216 Days on Market

Highlights

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

About This Home

As of September 2022

Miami’s Arsht Estate: a magnificent 4+ acre parcel directly on Biscayne Bay that is comprised of 2 homes, each w/ sweeping views of Key Biscayne, Downtown Miami, & 400’ of water. The main residence, Indian Spring, was built in 1999 & designed for entertaining w/formal living room, Grand Salon, dining room, & Garden Room overlooking the terrace, pool, & bay. It includes a gourmet kitchen, office, 5BR/5BA/4 ½ BA, + 2 BR/2 BA guest suite, 6-car gar & tennis court. Villa Serena was built by W J Bryan in 1913 & has been expertly restored. Astonishing views are captured from the living room, dining room, sitting rooms, primary BR, office, & 2nd floor BRs. Across the lush grounds find a 2-BR guesthouse atop a 3-car gar. This is a once in a lifetime opportunity in the heart of Miami.

Last Agent to Sell the Property

Ashley Cusack

BHHS EWM Realty License #0578555 Listed on: 01/28/2022

BHHS EWM Realty

Last Buyer's Agent

Jill Hertzberg

Coldwell Banker Realty License #0551544

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $530,922

Year Built

  • Built in 1913

Lot Details

  • 4.19 Acre Lot
  • 405 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned 0100

Parking

  • 9 Car Garage
  • Circular Driveway
  • Guest Parking
  • Open Parking

Property Views

  • Bay
  • Garden

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 19,919 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • <<selfCleaningOvenToken>>
  • Gas Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Tennis Courts
  • Balcony
  • Patio
  • Exterior Lighting
  • Porch

Additional Homes

  • Guest House
  • 2 Bedroom Guest House
  • Guest House Includes Kitchen

Schools

  • Coconut Grove Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Community Details

  • No Home Owners Association
  • Brickells Flagler,Brickell Flagler Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-39-001-2700

Home Details

Home Type

Single Family

Est. Annual Taxes

$530,922

Year Built

Built in 1913

Lot Details

0

Parking

9

Listing Details

  • Property Type: Residential
  • Year Built: 1913
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BRICKELLS FLAGLER,BRICKELL FLAGLER
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 2 Bedrooms, Kitchen
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Entrance Foyer, French Doors, Pantry, Den/Library/Office, Family Room
  • Full Bathrooms: 13
  • Half Bathrooms: 8
  • Total Bedrooms: 12
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 19919
  • Other Equipment: Whole House Permanent Generator, Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, High Impact Windows
  • Bedroom Features: Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Guest House
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Garden
  • Exterior Features: Lighting, Open Balcony, Tennis Court(s)
  • Direction Faces: West
  • Lot Features: 4 To Less Than 5 Acre Lot, East Of US 1
  • Other Structures: Guest House
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: BRICKELLS FLAGLER
  • Covered Parking Spaces: 9
  • Garage Spaces: 9
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Guest

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Coconut Grove
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-39-001-2700
  • Lot Size Sq Ft: 182400
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 530922

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Sep 2, 2022
Sold by
Adrienne Arsht Revocable Trust
Bought by
3031 Brickell Llc
Seller's Agent
Ashley Cusack
BHHS EWM Realty
Buyer's Agent
Jill Hertzberg
Coldwell Banker Realty
List Price
$150,000,000
Sold Price
$106,875,000
Premium/Discount to List
-$43,125,000
-28.75%
Views
102
Current Estimated Value
$64,144,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,730,904
Avg. Annual Appreciation
-16.37%

Purchase Details

Closed on
Mar 20, 2015
Sold by
Arsht Adrienne
Bought by
Adrienne Arsht Revocable Trust

Purchase Details

Closed on
Jun 24, 1996
Sold by
Najual Brothers Inc
Bought by
Feldman Meyer and Arsht Adrienne

Purchase Details

Closed on
Apr 25, 1996
Sold by
Clerk Of The Court
Bought by
Majual Brothers Inc
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
3031 Brickell Llc -- --
3031 Brickell Llc $106,875,000 --
Adrienne Arsht Revocable Trust -- None Available
Adrienne Arsht Revocable Trust -- None Available
Feldman Meyer $400,000 --
Majual Brothers Inc $156,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arsht Adrienne $6,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $106,875,000 -28.8% $5,365 / Sq Ft
01/28/2022 01/28/22 For Sale $150,000,000 -- $7,530 / 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
2024 $1,731,539 $90,967,203 $86,337,900 $4,629,303
2023 $1,731,539 $83,758,914 $67,716,000 $16,042,914
2022 $728,792 $27,041,821 $0 $0
2021 $530,922 $24,583,474 $20,484,090 $4,099,384
2020 $533,048 $24,635,307 $20,484,090 $4,151,217
2019 $537,505 $26,273,452 $22,070,400 $4,203,052
2018 $558,685 $26,325,285 $22,070,400 $4,254,885
2017 $565,981 $26,377,118 $0 $0
2016 $555,246 $24,478,775 $0 $0
2015 $510,261 $22,253,432 $0 $0
2014 $475,652 $20,230,393 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashley Cusack

    Seller's Agent in 2022

    Ashley Cusack

    BHHS EWM Realty

    (305) 798-8685

    10 in this area

    205 Total Sales

    Ashley Cusack
    Section Image
  • Jill Hertzberg

    Buyer's Agent in 2022

    Jill Hertzberg

    Coldwell Banker Realty

    (305) 788-5455

    6 in this area

    187 Total Sales

    Jill Hertzberg
    Section Image
  • Jill Eber

    Buyer Co-Listing Agent in 2022

    Jill Eber

    Coldwell Banker Realty

    (305) 915-2556

    5 in this area

    144 Total Sales

    Jill Eber
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11152827

MIAMI REALTORS® MLS

APN: 01-4139-001-2700

Florida Miami/Dade County Miami 33129 Northeast Coconut Grove

3031 Brickell Ave, Miami, FL

This home is located at 3031 Brickell Ave, Miami, FL 33129 since 28 January 2022 and is currently estimated at $64,144,096, approximately $3,220 per square foot. This property was built in 1913. 3031 Brickell Ave is a home located in Miami-Dade County with nearby schools including Coconut Grove Elementary School, Ponce de Leon Middle School, and Coral Gables 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.

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