NOT LISTED FOR SALE

3241 S Lake Dr Miami, FL 33155

Estimated Value: $669,000 - $725,000

3 Beds
3.5 Baths
1,830 Sq Ft
$380/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $165,000 $90 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $4,368/month

Highlights

  • Dock Available
  • Access To Lake
  • Home fronts a canal
  • Emerson Elementary School Rated A-
  • Bay View
  • No HOA

About This Home

As of May 2023

Modern and bright Lake House on the island of Coral Terrace in South Miami. 2016 construction, impact windows and doors throughout, open kitchen with interaction with dining and family room. Master walk-in closet, whirlpool, double sink, huge shower box, separated toilet. Design kitchen with quartzite countertops, and extended island. Covered outside patio overlooking the lake, Ipe wood deck with cabana. Dock your boat or jet ski, kayak, or paddleboard on the lake or canals up to AD Barnes Park, Blue Lagoon, Everglades, etc, great fishing spots. Enclosed front and back patio, 2 car driveway. Centrally located, 10 min to MIA, 826 Palmetto, Coral Gables downtown, 25 min to Brickell. Walk to AD Barnes Park, Tropical Park, Coral Gables, Sunset Area, and East Kendall. Available May 1st

Last Agent to Rent the Property

Micael Machado

Compass Florida, LLC License #3294570 Listed on: 04/14/2023

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,556

Year Built

  • Built in 2016

Lot Details

  • 5,000 Sq Ft Lot
  • 50 Ft Wide Lot
  • Home fronts a canal
  • Property is zoned 0100

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Lake
  • Canal

Home Design

  • Flat Tile Roof

Interior Spaces

  • 1,830 Sq Ft Home
  • Awning
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • High Impact Windows
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Access To Lake
  • Canal Width 1-80 Feet
  • Restricted saltwater access
  • Dock Available

Schools

  • Emerson Elementary School
  • West Miami Middle School
  • South Miami High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Central Miami Part 6 Subdivision

Listing and Financial Details

  • Property Available on 5/1/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 30-40-14-008-0690

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,556

Year Built

Built in 2016

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2023-05-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2016
  • Property Sub Type: Single Family Residence
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Other,Restricted Salt Water Access
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: CENTRAL MIAMI PART 6
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1830
  • Window Features: High Impact Windows
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen

Exterior Features

  • Roof: Flat Tile
  • View: Bay, Canal, Lake
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Canal Width 1-80 Feet, Lake Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CENTRAL MIAMI PART 6
  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Emerson
  • High School: South Miami
  • Middle Or Junior School: West Miami

Lot Info

  • Parcel Number: 30-40-14-008-0690
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 5000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2017
Sold by
Tgcg Holdings Llc
Bought by
Machado Micael and Ballestas Maria Paulina
Current Estimated Value
$694,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Outstanding Balance
$297,797
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$397,025

Purchase Details

Listed on
Nov 25, 2015
Closed on
Jan 29, 2016
Sold by
Fannie Mae
Bought by
Wythe Capital Trust Llc
Seller's Agent
Henry Benito
MMLS Assoc.-Inactive Member
Buyer's Agent
adam cook
Green River Homes LLC
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.85%

Purchase Details

Closed on
Oct 22, 2015
Sold by
Ramon Francisco B
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 16, 2011
Sold by
Ramon Francisco B
Bought by
Federal National Mortgage Association
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
Machado Micael $392,000 Attorney
Wythe Capital Trust Llc $165,000 Couture Title & Escrow Llc
Federal National Mortgage Association $155,800 None Available
Federal National Mortgage Association $104,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machado Micael $352,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Rented $5,850 0.0% --
04/14/2023 04/14/23 For Rent $5,850 +6.4% --
08/10/2022 08/10/22 Rented $5,500 -3.5% --
08/03/2022 08/03/22 Under Contract -- -- --
07/25/2022 07/25/22 Price Changed $5,700 -5.0% $3 / Sq Ft
07/08/2022 07/08/22 For Rent $6,000 0.0% --
01/29/2016 01/29/16 Sold $165,000 +0.1% $90 / Sq Ft View Prior Sale
01/07/2016 01/07/16 Pending -- -- --
12/28/2015 12/28/15 Price Changed $164,900 -5.7% $90 / Sq Ft
11/25/2015 11/25/15 For Sale $174,900 -- $96 / 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 $8,556 $483,807 $270,000 $213,807
2024 $7,845 $462,201 $238,134 $224,067
2023 $7,845 $426,431 $207,036 $219,395
2022 $5,137 $310,344 $0 $0
2021 $5,109 $301,305 $144,840 $156,465
2020 $5,279 $310,020 $0 $0
2019 $5,164 $303,050 $142,710 $160,340
2018 $4,938 $298,172 $135,894 $162,278
2017 $2,888 $137,168 $0 $0
2016 $4,976 $252,263 $0 $0
2015 $4,204 $192,625 $0 $0
2014 -- $175,114 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Micael Machado

    Landlord's Agent in 2023

    Micael Machado

    Compass Florida, LLC

    (305) 851-2820

    44 Total Sales

    Micael Machado
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Maria Ballestas

    Compass Florida, LLC

  • H

    Seller's Agent in 2016

    Henry Benito

    MMLS Assoc.-Inactive Member

    Section Image

  • a

    Buyer's Agent in 2016

    adam cook

    Green River Homes LLC

    (305) 795-0491

    6 Total Sales

    adam cook
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11372109

MIAMI REALTORS® MLS

APN: 30-4014-008-0690

Florida Miami/Dade County Miami 33155

3241 S Lake Dr, Miami, FL

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