Seller's Agent in 2021
Jill Eber
Coldwell Banker Realty
(305) 915-2556
5 in this area
105 Total Sales
Estimated Value: $3,995,000
6
Beds
5
Baths
8,056
Sq Ft
$496/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Private Dock
- Property Fronts a Bay or Harbor
- South Pointe Elementary School Rated 9+
- 2 Bedroom Guest House
- 4-minute walk to Central Park
About This Home
As of August 2021A rare opportunity on the Estate section of guard-gated Palm Island with 150’ linear wide Biscayne Bay waterfront. The unique 45,000 SF waterfront property ready to build up to 22,500 SF home, with plenty of privacy. Existing dockage capable of accommodating large vessels. A true gem waiting to be rediscovered, with hard to find lighted Tennis Court & separate Guest House. Views facing North towards Star Island & Miami Beach. Enjoy all of Palm Island's amenities including tennis & basketball courts, playground and 24 hour police security, centrally located with easy access to all of Greater Miami’s main attractions. Owner willing to Develop & deliver a finished new construction home for an asking price of $34M.
Last Agent to Sell the Property
Coldwell Banker Realty License #0333469 Listed on: 03/02/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $220,428
Year Built
- Built in 1957
Lot Details
- 1.03 Acre Lot
- 150 Ft Wide Lot
- Property Fronts a Bay or Harbor
- East Facing Home
- Fenced
- Property is zoned 2200
Home Design
- Flat Tile Roof
Interior Spaces
- 8,056 Sq Ft Home
- 2-Story Property
- Custom Mirrors
- Built-In Features
- Bar
- Bay Window
- Sliding Windows
- French Doors
- Formal Dining Room
- Media Room
- Den
- Loft
- Atrium Room
- Marble Flooring
- Bay Views
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Gas Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom Upstairs
- Closet Cabinetry
- 5 Full Bathrooms
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Parking
- Driveway
- Open Parking
Outdoor Features
- In Ground Pool
- Property has ocean access
- No Fixed Bridges
- Private Dock
- Tennis Courts
- Balcony
- Exterior Lighting
- Enclosed Glass Porch
- Awning
Additional Homes
- 2 Bedroom Guest House
- One Bathroom Guest House
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 02-42-05-001-0150
Community Details
Overview
- No Home Owners Association
- Palm Island Subdivision
Recreation
- Tennis Courts
Security
- Gated Community
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2021
Closed on
Aug 9, 2021
Sold by
Bought by
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Jill Eber
Coldwell Banker Realty
List Price
$25,000,000
Sold Price
$20,250,000
Premium/Discount to List
-$4,750,000
-19%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,255,000
Avg. Annual Appreciation
-28.49%
Purchase Details
Closed on
May 29, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,300,000
Interest Rate
4.1%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 12, 2005
Sold by
Bought by
Purchase Details
Closed on
Sep 4, 2001
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $20,250,000 | Attorney | ||
| -- | Rtc Title Inc | ||
| -- | Weston Title & Escrow Inc | ||
| $100 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $8,300,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/09/2021 08/09/21 | Sold | $20,250,000 | -30.2% | $2,514 / Sq Ft |
| 04/26/2021 04/26/21 | Price Changed | $29,000,000 | +16.0% | $3,600 / Sq Ft |
| 03/01/2021 03/01/21 | For Sale | $25,000,000 | -- | $3,103 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $412,427 | $19,272,073 | -- | -- |
| 2024 | $347,164 | $19,813,487 | -- | -- |
| 2023 | $347,164 | $18,012,261 | $0 | $0 |
| 2022 | $310,595 | $16,374,783 | $13,500,000 | $2,874,783 |
| 2021 | $219,710 | $11,255,339 | $10,350,000 | $905,339 |
| 2020 | $220,428 | $11,262,464 | $10,350,000 | $912,464 |
| 2019 | $116,251 | $5,916,333 | $0 | $0 |
| 2018 | $110,706 | $5,806,019 | $0 | $0 |
| 2017 | $110,124 | $5,686,601 | $0 | $0 |
| 2016 | $109,428 | $5,569,639 | $0 | $0 |
| 2015 | $110,314 | $5,530,923 | $0 | $0 |
| 2014 | $112,290 | $5,487,027 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jill Eber
-
Jill Hertzberg
Seller Co-Listing Agent in 2021
Jill Hertzberg
Coldwell Banker Realty
(305) 788-5455
7 in this area
173 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11006431
APN: 02-4205-001-0150
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.
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.
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