Cyril Bijaoui
The Corcoran Group
(786) 485-1158
52 Total Sales
1 in Star, Palm and Hibiscus Islands
$7,550,000 Price
Estimated Value: $4,719,000
6
Beds
5
Baths
8,056
Sq Ft
$586/Sq Ft
Est. Value
Highlights
- 150 Feet of Waterfront
- Tennis Courts
- Active Adult
- Property has ocean access
- In Ground Pool
- 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
Jill Eber
Coldwell Banker Realty License #0333469 Listed on: 03/01/2021
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $220,428
Year Built
- Built in 1957
Lot Details
- 1.03 Acre Lot
- 150 Feet of Waterfront
- Property Fronts a Bay or Harbor
- East Facing Home
- Gated Home
- Property is zoned 2200
Parking
- Driveway
Home Design
- Entry on the 1st floor
- Flat Roof Shape
- 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
- 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
- Closet Cabinetry
- 5 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Property has ocean access
- No Fixed Bridges
- Tennis Courts
- Balcony
- Open Patio
- Outdoor Living Area
- Exterior Lighting
- Awning
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 0242050010150
Community Details
Overview
- Active Adult
- 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 1, 2021
Closed on
Aug 9, 2021
Sold by
Nestor Brenda Diana and Nestor Brenda Dian
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
-$15,531,000
Avg. Annual Appreciation
-24.97%
Purchase Details
Closed on
May 29, 2019
Sold by
Nestor Brenda and Castellano Robert S
Bought by
Rlt Nestor Brenda Diana and Brenda Diana Nestor Rlt
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
Palm Island One Llc
Bought by
Nestor Brenda
Purchase Details
Closed on
Sep 4, 2001
Sold by
Victor Posner I
Bought by
Palm Island One
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Star, Palm and Hibiscus Islands, FL
-
Cyril Bijaoui
-
Santiago Ferreira
Santiago Ferreira
One Sotheby's International Realty
(866) 505-1945
1 Total Sale
1 in Star, Palm and Hibiscus Islands
$3,350,000 Price
-
Nancy Batchelor
Nancy Batchelor
Compass Florida, LLC
(786) 685-4740
388 Total Sales
1 in Star, Palm and Hibiscus Islands
$4,250,000 Price
-
May Shekouri
MS
May Shekouri
Responds QuicklyBespoke Realty Group Miami, LLC
(786) 977-9190
26 Total Sales
2 in Star, Palm and Hibiscus Islands
$15,000,000 Price Range
-
Bryan Sereny
BS
Bryan Sereny
Responds QuicklyDouglas Elliman
(888) 612-4556
127 Total Sales
2 in Star, Palm and Hibiscus Islands
$13,750,000 Price Range
-
Kimberly Rodstein
Kimberly Rodstein
Responds QuicklyDouglas Elliman
(888) 589-5234
81 Total Sales
1 in Star, Palm and Hibiscus Islands
$12,250,000 Price
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 | ||
| Rlt Nestor Brenda Diana | -- | Rtc Title Inc | |
| Nestor Brenda | -- | Weston Title & Escrow Inc | |
| Palm Island One | $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 | ||
| Previous Owner | Nestor Brenda | $2,500,000 |
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 | -19.0% | $2,514 / Sq Ft |
| 06/27/2021 06/27/21 | Pending | -- | -- | -- |
| 03/01/2021 03/01/21 | For Sale | $25,000,000 | -- | $3,103 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
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
-
JE
Seller's Agent in 2021
Jill Eber
Coldwell Banker Realty
-
Jill Hertzberg
Seller Co-Listing Agent in 2021
Jill Hertzberg
Coldwell Banker Realty
(305) 788-5455
5 in this area
181 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
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.
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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