NOT LISTED FOR SALE

Estimated Value: $6,495,000 - $25,287,427

9 Beds
12 Baths
11,500 Sq Ft
$1,382/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $27,500,000 $2,391 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $112,086/month

137 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • 2 Bedroom Guest House
  • North Beach Elementary School Rated A-
  • Guest House
  • Property Fronts a Bay or Harbor

About This Home

As of May 2023

This magnificent newly constructed Mizner-inspired villa was tastefully designed as a contemporary redux with an unprecedented level of detail influenced by owner-developer, Oren Alexander. Enter the gated porte-cochère through the coach house featuring a staff quarters & an A/C 2-car garage. The main house features an elegant mixture of travertine flooring, walls adorned with oak, and stones. 30ft. wide living room with tuckaway sliding doors creating a seamless indoor-outdoor living. Elegant formal dining, show kitchen, chef's kitchen, bar with a floating fireplace, media room, and an office make up the 1st floor. The primary suite has a sitting area w/ a bar, and one of grandest bathrooms ever seen. Beyond the overflowing perimeter pool lies the Gazebo with a Gym, BBQ area & Guest Suite

Last Agent to Sell the Property

Oren Alexander

MMLS Assoc.-Inactive Member License #3296414 Listed on: 12/23/2022

Co-Listed By

Isaac Lustgarten

The Corcoran Group License #3332063

Last Buyer's Agent

Nancy Batchelor

Compass Florida, LLC. License #0416207

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $133,916

Year Built

  • Built in 2017

Lot Details

  • 0.57 Acre Lot
  • 100 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned 2100

Parking

  • 2 Car Garage
  • 8 Attached Carport Spaces
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Bay
  • Pool

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 11,500 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Built-In Features
  • Fireplace
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Sun or Florida Room
  • Storage Room
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Deeded Boat Dock
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

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

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Flamingo Terrace Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-002-0290

Home Details

Home Type

Single Family

Est. Annual Taxes

$133,916

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Carport Y N: Yes
  • Co List Office Mls Id: OFFR01
  • Co List Office Phone: 305-539-0071
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: FLAMINGO TERRACE SUB
  • 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: Trash Compactor, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Cooking Island, Entrance Foyer, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Media Room, Storage
  • Full Bathrooms: 10
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Other, Tile
  • Furnished: Furnished
  • Living Area: 11500
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, High Impact Windows, Sliding
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bedroom Upstairs, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Guest House, Media Room, Storage Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Flat Tile
  • View: Bay, Pool, Water
  • Exterior Features: Built-In Grill, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: FLAMINGO TERRACE SUB
  • Carport Spaces: 8
  • Covered Parking Spaces: 10
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, 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, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road, Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-26-002-0290
  • Lot Size Sq Ft: 24750
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 133916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2022
Closed on
May 30, 2023
Sold by
Alexander Oren
Bought by
Flamingo Trust and Gao
Seller's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
Buyer's Agent
Nancy Batchelor
Compass Florida, LLC.
List Price
$31,500,000
Sold Price
$27,500,000
Premium/Discount to List
-$4,000,000
-12.7%
Views
547
Current Estimated Value
$15,891,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,608,786
Avg. Annual Appreciation
-22.15%
Original Mortgage
$17,500,000
Outstanding Balance
$15,977,706
Interest Rate
6.07%
Mortgage Type
New Conventional
Estimated Equity
-$86,492

Purchase Details

Closed on
May 10, 2021
Sold by
Alexander Oren and Alexander Tal
Bought by
Alexander Oren

Purchase Details

Closed on
Nov 24, 2014
Sold by
3541 Flamingo Llc
Bought by
Alexander Oren and Alexander Tal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,394,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 6, 2014
Sold by
Rubinson Jaime Angel
Bought by
3541 Flamingo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 4, 2013
Sold by
Rubinson Jaime Angel
Bought by
Rubinson Jaime Angel

Purchase Details

Closed on
Dec 31, 2012
Sold by
Shashoua Ami
Bought by
Rubinson Jaime Angel

Purchase Details

Closed on
Oct 21, 2011
Sold by
Edenvest Llc
Bought by
My Angels Two Llc

Purchase Details

Closed on
Mar 11, 2004
Sold by
Shammah Rachelle
Bought by
Thilloy Vincent and Ciccone Thilloy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 27, 1998
Sold by
Eduardo and Clavijo Miriam
Bought by
Shammah Rachelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,200
Interest Rate
7.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Flamingo Trust $27,500,000 None Listed On Document
Alexander Oren -- None Available
Alexander Oren -- New Title Company Name
Alexander Oren $3,420,000 Clear Title Group Llc
3541 Flamingo Llc $3,000,000 Attorney
Rubinson Jaime Angel -- Attorney
Rubinson Jaime Angel -- Attorney
Shashoua Ami -- Attorney
My Angels Two Llc $1,595,000 Terra Title Corporation
Edenvest Llc $1,300,000 Terra Title Corporation
Thilloy Vincent $1,510,000 --
Shammah Rachelle $751,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flamingo Trust $17,500,000
Previous Owner Alexander Oren $8,500,000
Previous Owner Alexander Oren $8,500,000
Previous Owner Alexander Oren $5,000,000
Previous Owner Alexander Oren $2,394,000
Previous Owner 3541 Flamingo Llc $1,500,000
Previous Owner Thilloy Vincent $750,000
Previous Owner Thilloy Vincent $1,000,000
Previous Owner Shammah Rachelle $100,000
Previous Owner Shammah Rachelle $601,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $27,500,000 -5.2% $2,391 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/21/2023 04/21/23 Price Changed $29,000,000 -7.9% $2,522 / Sq Ft
12/23/2022 12/23/22 For Sale $31,500,000 -- $2,739 / 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 $300,943 $16,521,852 -- --
2024 $159,758 $16,056,222 $8,168,023 $7,888,199
2023 $159,758 $7,839,982 $0 $0
2022 $133,916 $7,127,257 $4,206,946 $2,920,311
2021 $92,310 $4,780,919 $2,598,299 $2,182,620
2020 $109,759 $5,669,512 $3,464,398 $2,205,114
2019 $105,509 $5,444,652 $3,217,294 $2,227,358
2018 $102,801 $5,466,894 $3,217,294 $2,249,600
2017 $67,367 $3,537,640 $0 $0
2016 $68,732 $3,538,423 $0 $0
2015 $64,304 $3,245,667 $0 $0
2014 $42,400 $2,034,852 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11316173

MIAMI REALTORS® MLS

APN: 02-3226-002-0290