NOT LISTED FOR SALE

3701 Royal Palm Ave Miami Beach, FL 33140

Bayshore Neighborhood

Estimated Value: $2,323,000 - $3,088,000

3 Beds
5 Baths
2,717 Sq Ft
$991/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $1,500,000 $552 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $17,230/month

104 Days on Market

Highlights

  • Vaulted Ceiling
  • Main Floor Bedroom
  • High Impact Door
  • North Beach Elementary School Rated A-
  • Porch
  • Bar

About This Home

As of November 2020

Welcome to 3701 Royal Palm, a Mediterranean oasis in Miami Beach s most prime location. This beautifully landscaped, private property sits on a jaw dropping corner lot. An 11,000 square foot gated property complete with a large outdoor patio, heated saltwater pool, and grand circular driveway which makes for an entertainer s paradise.

The newly renovated home boasts a 2 story, 3000 square foot, move in ready home with 3 bedrooms and 4 and half bathrooms. Marble flooring, vaulted wood ceilings, calypso pool, and a chef s kitchen with top of the line appliances makes this property worthy of of the most discerning buyer.

Steps from 41st Street and many houses of worship.

Best priced home on a lot this size in all of Miami Beach!

Last Agent to Sell the Property

Mushka Jacobson

Douglas Elliman License #3375453 Listed on: 01/29/2020

Douglas Elliman

Last Buyer's Agent

Claudio Console

Fortune International Realty License #3459082

Fortune International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,680

Year Built

  • Built in 2006

Lot Details

  • Fenced

Interior Spaces

  • 2,717 Sq Ft Home
  • 2-Story Property
  • Bar
  • Vaulted Ceiling
  • French Doors
  • Entrance Foyer
  • High Impact Door

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bedroom Upstairs

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Listing and Financial Details

  • Assessor Parcel Number 02-32-27-017-0900

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,680

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Blogging: Yes
  • Internet Remarks: Move in ready home on an oversized 11,000 sf corner lot. 3 bed 4.5 bath. Pool. Best priced home on a lot this size in all of Miami Beach! Must see!
  • Municipal Code: 2
  • Property Type: Single Family
  • Section: 27
  • Year Built: 2006
  • Property Sq Ft: 10800
  • Year Built Description: Resale
  • Zoning Information: 0100
  • Flood Zone: AE
  • Furnished Info Sold: Unfurnished
  • Intended Use: Unknown/Withheld
  • Lp Amt Sq Ft: 571.4798
  • Ratio Close Price By List Price: 0.94044
  • Style: Pool Only
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Front Exposure: South
  • Bedroom Description: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Description: Breakfast Area, Dining/Living Room, Formal Dining, Kitchen Dining
  • Interior Amenities: First Floor Entry, Bar, Foyer Entry, French Doors, Pantry, Vaulted Ceilings, Volume Ceilings
  • Design: Detached
  • Adjusted Area Sq Ft: 2446
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Design Description: Two Story
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Smoke Detector, Washer
  • Pool: Yes
  • Sq Ft Liv Area: 2717
  • Total Sq Ft: 2717

Exterior Features

  • Pool: Below Ground Pool, Heated
  • Construction Type: Cbs Construction
  • Exterior Features: Fence, High Impact Doors, Exterior Lighting, Open Porch, Patio

Garage/Parking

  • Parking Description: Circular Drive

Utilities

  • Sewer Description: Municipal Sewer
  • Cooling Description: Central Cooling, Electric Cooling
  • Heating Description: Central Heat, Electric Heat
  • Water Description: Municipal Water

Condo/Co-op/Association

  • Floor Description: Marble Floors, Wood Floors
  • Subdivision Complex Bldg: ORCHARD SUB 2 & 3
  • Housing Older Persons Act: No Hopa

Lot Info

  • Lot Description: Less Than 1/4 Acre Lot, Corner Lot
  • Parcel Number: 02-32-27-017-0900
  • Lot Sq Footage: 10800
  • Parcel Number Mlx: 0900

Tax Info

  • Tax Information: Tax Reflects No Homestead Tax
  • Tax Amount: 20436
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Nov 25, 2020
Sold by
Ainsworth Shmuel and Ainsworth Aleza
Bought by
Delgovernatore Francesco Del and Ciapparelli Annalisa
Seller's Agent
Mushka Jacobson
Douglas Elliman
Buyer's Agent
Claudio Console
Fortune International Realty
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%
Current Estimated Value
$2,691,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,191,927
Avg. Annual Appreciation
12.54%

Purchase Details

Listed on
Jan 12, 2017
Closed on
Jul 13, 2017
Sold by
Vastine Robert J and Gifford Jonathan L
Bought by
Ainsworth Shmuel and Ainsworth Alcza
Seller's Agent
Ines Flax
One Sotheby's International Re
Buyer's Agent
Adina Bistritzky
Valor International Realty Inc
List Price
$1,750,000
Sold Price
$1,500,000
Premium/Discount to List
-$250,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$1,350,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2004
Sold by
Ferree J Craig
Bought by
Vastine J Robert

Purchase Details

Closed on
Aug 28, 2003
Sold by
Alacan Isaias A and Alacan Martha
Bought by
Ferree J Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Delgovernatore Francesco Del $1,500,000 Attorney
Ainsworth Shmuel $1,500,000 Attorney
Vastine J Robert $589,000 --
Ferree J Craig $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ainsworth Shmuel $1,350,000
Previous Owner Ferree J Craig $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2020 11/25/20 Sold $1,500,000 0.0% $552 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
03/03/2020 03/03/20 Off Market $1,500,000 -- --
01/29/2020 01/29/20 For Sale $1,595,000 +6.3% $587 / Sq Ft
07/13/2017 07/13/17 Sold $1,500,000 -11.8% $537 / Sq Ft View Prior Sale
03/27/2017 03/27/17 Price Changed $1,700,000 -2.9% $609 / Sq Ft
01/12/2017 01/12/17 For Sale $1,750,000 0.0% $627 / Sq Ft
03/01/2016 03/01/16 Rented $8,500 0.0% --
01/31/2016 01/31/16 Under Contract -- -- --
12/25/2015 12/25/15 For Rent $8,500 -- --
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 $37,680 $2,563,548 $2,106,000 $457,548
2024 $31,452 $1,515,495 -- --
2023 $31,452 $1,355,205 $0 $0
2022 $25,475 $1,232,005 $0 $0
2021 $21,625 $1,120,005 $777,783 $342,222
2020 $20,264 $1,087,511 $777,783 $309,728
2019 $20,436 $1,095,364 $777,783 $317,581
2018 $22,535 $1,239,442 $917,814 $321,628
2017 $22,030 $1,060,192 $0 $0
2016 $20,604 $963,811 $0 $0
2015 $13,529 $876,192 $0 $0
2014 $13,529 $796,539 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mushka Jacobson

    Douglas Elliman

    (305) 400-9507

    5 in this area

    24 Total Sales

    Mushka Jacobson
    Section Image
  • Claudio Console

    Buyer's Agent in 2020

    Claudio Console

    Fortune International Realty

    (305) 414-9368

    3 in this area

    14 Total Sales

    Claudio Console
    Section Image
  • Ines Flax

    Seller's Agent in 2017

    Ines Flax

    One Sotheby's International Re

    (786) 218-7600

    2 in this area

    60 Total Sales

    Ines Flax
    Section Image

  • A

    Buyer's Agent in 2017

    Adina Bistritzky

    Valor International Realty Inc

    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10806241

MIAMI REALTORS® MLS

APN: 02-3227-017-0900

Florida Miami/Dade County Miami Beach 33140 Bayshore

3701 Royal Palm Ave, Miami Beach, FL

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.

Nearby Homes