$12,750,000
SOLD APR 16, 2021
6 Beds
8.5 Baths
13,930 Sq Ft
0.45 Acres

Recently Sold

$915 Per Sq Ft

15% Below List Price

67 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • 1 Bedroom Guest House
  • Coconut Grove Elementary School Rated A
  • Guest House
  • Property Fronts a Bay or Harbor

About This Home

As of November 2023

Unobstructed open bay views from this 3-floor contemporary compound featuring 6 bedrooms 8.5 baths 12,178 sqft 1st floor with over 4,000 sqft under AC not included in Living area where you can enjoy a full gym and playroom 2nd floor has a gourmet kitchen, custom theater, wine cellar, office, living room w/bar and maids quarters 3rd floor has the master bedroom with his and hers closets/baths, huge balcony with stairs to a roof top sun deck and 3 bedrooms Detached guesthouse 1 bedroom 1 bath Savant system throughout the house & state of the art security system Exterior: infinity pool, swim up bar custom island bar and bbq natural gas generator and a concrete dock for two 60 ft yachts Renderings show approved street closure for the property which is in the process of permitting with the city

Last Agent to Sell the Property

Lino Morejon

Mayfair Real Estate Advisors License #3237430 Listed on: 01/28/2021

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $207,836

Year Built

  • Built in 2010

Lot Details

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

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 13,930 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Family Room
  • Home Theater
  • Sun or Florida Room
  • Bay Views

Kitchen

  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Impact Glass

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Seawall
  • Private Dock
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Additional Homes

  • Guest House
  • 1 Bedroom Guest House
  • One Bathroom Guest House

Schools

  • Coconut Grove Elementary School
  • Ponce De Leon Middle School

Utilities

  • Central Heating and Cooling System
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Crystal View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-15-025-0230

Home Details

Home Type

Single Family

Est. Annual Taxes

$207,836

Year Built

Built in 2010

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock,Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CRYSTAL VIEW
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Free-Standing Freezer, Gas Water Heater, Ice Maker, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Bar, Cooking Island, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s), Family Room, Florida Room, Media Room, Other
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Furnished
  • Living Area: 13930
  • Other Equipment: Automatic Garage Door Opener, Elevator, Natural Gas
  • Possible Use: Primary
  • Window Features: Impact Glass
  • Bedroom Features: Master Bedroom Upstairs
  • Living Room Features: Family Room, Florida Room, Guest House, Media Room, Other

Exterior Features

  • Roof: Barrel Roof
  • View: Bay
  • Exterior Features: Built-In Grill, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Open Balcony, Open Porch, Patio
  • Pool Features: In Ground, Heated, Other
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CRYSTAL VIEW
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water, Well
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 01-41-15-025-0230
  • Lot Size Sq Ft: 19515
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 207836

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Nov 10, 2023
Sold by
Conry Jeff and Sherianne Elmore
Bought by
Lie-Nielsen John M and Lie-Nielsen Darling J
Seller's Agent
Esther Percal
BHHS EWM Realty
Buyer's Agent
Christina Cuervo
C Realty Group, LLC.
List Price
$20,500,000
Sold Price
$18,500,000
Premium/Discount to List
-$2,000,000
-9.76%
Views
131
Current Estimated Value
$12,094,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,405,560
Avg. Annual Appreciation
-21.14%
Original Mortgage
$12,950,000
Outstanding Balance
$12,070,867
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$23,573

Purchase Details

Listed on
Jan 28, 2021
Closed on
Apr 12, 2021
Sold by
Kipp Timo
Bought by
Conry Jeff
Seller's Agent
Lino Morejon
Mayfair Real Estate Advisors
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$14,950,000
Sold Price
$12,750,000
Premium/Discount to List
-$2,200,000
-14.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.52%

Purchase Details

Closed on
Mar 15, 2018
Sold by
Kipp Timo and Kipp Nathalia
Bought by
Kipp Timo

Purchase Details

Closed on
Dec 28, 2015
Sold by
Panda Home Llc
Bought by
Kipp Timo and Kipp Nathalia

Purchase Details

Listed on
Oct 3, 2014
Closed on
Aug 25, 2015
Sold by
Suite 823 Investments Florida Llc
Bought by
Panda Home Llc
Seller's Agent
Tomi Rose
Aston Rose Sports And Entertai
Buyer's Agent
Nathalia Kipp
MMLS Assoc.-Inactive Member
List Price
$17,000,000
Sold Price
$13,400,000
Premium/Discount to List
-$3,600,000
-21.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.02%
Original Mortgage
$9,000,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2010
Sold by
Fernandez Daniel J and Fernandez Magaly M
Bought by
Suite 823 Investments Florida Llc

Purchase Details

Closed on
Dec 1, 2005
Sold by
Murphy Brian J
Bought by
Fernandez Jose D and Suarez Magaly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
6.23%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $18,500,000 None Listed On Document
Warranty Deed $12,750,000 Attorney
Interfamily Deed Transfer -- None Available
Special Warranty Deed $8,942,500 Attorney
Warranty Deed $13,400,000 Attorney
Warranty Deed $9,000,000 Attorney
Warranty Deed $3,500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,950,000 New Conventional
Previous Owner $9,000,000 New Conventional
Previous Owner $2,450,000 New Conventional
Previous Owner $650,000 Fannie Mae Freddie Mac
Previous Owner $1,750 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $812,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $18,500,000 -9.8% $1,328 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $20,500,000 +60.8% $1,472 / Sq Ft
04/16/2021 04/16/21 Sold $12,750,000 -14.7% $915 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $14,950,000 0.0% $1,073 / Sq Ft
04/25/2020 04/25/20 Off Market $35,000 -- --
04/24/2020 04/24/20 Rented $30,000 -14.3% --
02/18/2020 02/18/20 Price Changed $35,000 -30.0% $3 / Sq Ft
06/26/2019 06/26/19 For Rent $50,000 0.0% --
08/25/2015 08/25/15 Sold $13,400,000 -10.7% $1,100 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
03/17/2015 03/17/15 Price Changed $15,000,000 -11.8% $1,232 / Sq Ft
10/03/2014 10/03/14 For Sale $17,000,000 -- $1,396 / 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 $257,536 $13,251,713 -- --
2024 $248,608 $12,878,244 -- --
2023 $248,608 $11,660,019 $0 $0
2022 $218,521 $10,600,018 $6,342,375 $4,257,643
2021 $185,548 $8,733,046 $3,903,000 $4,830,046
2020 $212,078 $9,957,615 $5,073,900 $4,883,715
2019 $213,705 $10,011,281 $5,073,900 $4,937,381
2018 $213,686 $11,420,075 $5,073,900 $6,346,175
2017 $232,622 $8,750,000 $0 $0
2016 $241,155 $11,049,162 $0 $0
2015 $203,862 $9,168,466 $0 $0
2014 $195,918 $8,638,883 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10990227

MIAMI REALTORS® MLS

APN: 01-4115-025-0230