NOT LISTED FOR SALE

3193 Royal Palm Ave Miami Beach, FL 33140

Bayshore Neighborhood

Estimated Value: $2,489,000 - $3,967,000

3 Beds
4 Baths
2,696 Sq Ft
$1,128/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $2,375,000 $881 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $19,295/month

53 Days on Market

Highlights

  • Heated In Ground Pool
  • Marble Flooring
  • No HOA
  • North Beach Elementary School Rated A-
  • Main Floor Bedroom
  • Den

About This Home

As of May 2021

Restored Art Deco masterpiece by renowned architect Murray Dixon. Ideally positioned on a corner lot with lush landscaping and stunning saltwater pool, this home possesses many unique qualities from terrazzo floors, architectural windows to a 1,000 SF roof deck. Located south of 41st st within walking distance to the ocean, Lincoln Road, Miami Beach Golf Course and numerous restaurants, this is the most pedestrian-friendly neighborhood in Miami Beach.

Last Agent to Sell the Property

Bryan Sereny

Douglas Elliman License #3074829 Listed on: 01/21/2021

Douglas Elliman

Co-Listed By

Billy Hernandez

Douglas Elliman License #3125385

Last Buyer's Agent

Daniel Lombardi

Lombardi Properties License #3269287

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,558

Year Built

  • Built in 1930

Lot Details

  • 7,500 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Substantially Remodeled
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,696 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Blinds
  • French Doors
  • Den
  • Dryer

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island

Flooring

  • Marble
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Parking

  • Driveway
  • Guest Parking
  • Open Parking

Outdoor Features

  • Heated In Ground Pool
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Orchard Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-27-001-0590

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,558

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1930
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: ORCHARD SUB NO 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry, Cooking Island, French Doors, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Terrazzo
  • Furnished: Unfurnished
  • Living Area: 2696
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Den/Library/Office

Exterior Features

  • Roof: Concrete, Other
  • View: None
  • Exterior Features: Barbeque, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ORCHARD SUB NO 1
  • Open Parking: Yes
  • Parking Features: 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: 02-32-27-001-0590
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 18558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Apr 29, 2021
Sold by
Koshkin Yuri A and Koshkin Leila
Bought by
Stern Alex and Criden Austin
Seller's Agent
Bryan Sereny
Douglas Elliman
Buyer's Agent
Daniel Lombardi
Lombardi Properties
List Price
$2,495,000
Sold Price
$2,375,000
Premium/Discount to List
-$120,000
-4.81%
Current Estimated Value
$3,042,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$667,245
Avg. Annual Appreciation
5.67%
Original Mortgage
$1,900,000
Outstanding Balance
$1,714,535
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,327,710

Purchase Details

Closed on
Dec 11, 2019
Sold by
Koshkin Yuri A and Koshkin Leila
Bought by
Koshkin Leila and Koshkin Yuri A

Purchase Details

Closed on
Apr 13, 2016
Sold by
Greenberg Adam
Bought by
Koshkin Yuri A and Koshkin Leila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2011
Closed on
May 2, 2012
Sold by
3193 Royal Palm Avenue Llc
Bought by
Greenberg Adam
Seller's Agent
Krystelle Lay
P.U.R.E. Investments, Inc.
Buyer's Agent
Krystelle Lay
P.U.R.E. Investments, Inc.
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$760,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2010
Sold by
Novak Robert David and Novak Evelyn
Bought by
3193 Royal Palm Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,750
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1997
Sold by
Novak Enid L
Bought by
Novak Enid L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stern Alex $2,375,000 Attorney
Koshkin Leila -- Attorney
Koshkin Yuri A $1,530,000 Attorney
Greenberg Adam $950,000 Attorney
3193 Royal Palm Avenue Llc $455,000 Attorney
Novak Enid L $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stern Alex $1,900,000
Previous Owner Koshkin Yuri A $997,000
Previous Owner Greenberg Adam $760,000
Previous Owner 3193 Royal Palm Avenue Llc $295,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2021 05/03/21 Sold $2,375,000 -4.8% $881 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $2,495,000 +162.6% $925 / Sq Ft
05/02/2012 05/02/12 Sold $950,000 0.0% $397 / Sq Ft View Prior Sale
12/21/2011 12/21/11 Pending -- -- --
08/05/2011 08/05/11 For Sale $950,000 -- $397 / 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 $40,448 $2,257,343 -- --
2024 $39,469 $2,193,725 -- --
2023 $39,469 $2,129,831 $1,237,747 $892,084
2022 $29,616 $1,689,678 $787,465 $902,213
2021 $17,576 $1,060,629 $540,127 $520,502
2020 $18,559 $1,067,084 $540,127 $526,957
2019 $18,704 $1,073,540 $540,127 $533,413
2018 $20,037 $1,177,240 $637,371 $539,869
2017 $21,500 $1,239,188 $0 $0
2016 $20,666 $1,171,653 $0 $0
2015 $13,889 $847,031 $0 $0
2014 $14,133 $840,309 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bryan Sereny

    Douglas Elliman

    (305) 695-6300

    8 in this area

    127 Total Sales

    Bryan Sereny
    Section Image
  • Billy Hernandez

    Seller Co-Listing Agent in 2021

    Billy Hernandez

    Douglas Elliman

    (904) 755-4861

    9 in this area

    129 Total Sales

    Billy Hernandez
    Section Image
  • Daniel Lombardi

    Buyer's Agent in 2021

    Daniel Lombardi

    Lombardi Properties

    (786) 512-9225

    3 in this area

    12 Total Sales

    Daniel Lombardi
    Section Image

  • K

    Seller's Agent in 2012

    Krystelle Lay

    P.U.R.E. Investments, Inc.

  • A

    Seller Co-Listing Agent in 2012

    Adam Greenberg

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10982874

MIAMI REALTORS® MLS

APN: 02-3227-001-0590

Florida Miami/Dade County Miami Beach 33140 Bayshore

3193 Royal Palm Ave, Miami Beach, FL

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