NOT LISTED FOR SALE

3901 Island Estates Dr Miami, FL 33160

Estimated Value: $6,524,000 - $8,976,014

6 Beds
8.5 Baths
7,330 Sq Ft
$1,083/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $4,700,000 $641 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $54,070/month

576 Days on Market

Highlights

  • Marina
  • Property has ocean access
  • Home fronts navigable water
  • Aventura Waterways K-8 Center Rated A-
  • Deeded Boat Dock
  • Fitness Center

About This Home

As of April 2021

AVENTURA MOST EXCLUSIVE WATERFRONT VILLA IN THE PRESTIGIOUS, PRIVATE GATED COMMUNITY OF ISLAND ESTATES. CELEBRATED OPULENCE & TIMELESS LUXURY IN THIS MEDITERRANEAN MANSION WITH 6 BR/8.5 BA, OVER 7,300SQFT WATER VIEWS, PRIVATE MARINA. GREAT FOR ENTERTAINMENT OPEN FLOOR PLAN, HIGH CEILINGS, ELEVATOR, DUAL HUGE MASTER BEDROOMS, WINE ROOM, WET BAR, FIREPLACE, STEAM SHOWER, HEATED POOL/SPA, GOURMET & OUTDOOR KITCHEN, 2 STORY FOYER, OUTDOOR TERRACE, 50' BOAT SLIP INCLUDED DEEDED DOCK. A TRUE OASIS, LIVE ON YOUR OWN PRIVATE ISLAND . ENJOY THE AMENITIES OF PRIVE FIVE START RESORT, TENNIS COURTS, SPA, INDOOR LAP POOL, HAIR SALON, 3 RESTAURANTS, CIGAR LOUNGE, MARINA FOR YACHTS, KIDS PLAYGROUND, DOGGIES HILL PLAY AREA, WALKING/RUNNING TRAIL & MUCH MORE!!

Last Agent to Sell the Property

Ysabel Sanabria

Florida Capital Realty License #3036147 Listed on: 08/21/2019

Florida Capital Realty

Last Buyer's Agent

Suzanna Mishiev

Million Realty LLC License #3118897

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,351

Year Built

  • Built in 2009

Lot Details

  • 0.3 Acre Lot
  • 75 Ft Wide Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Home fronts a canal
  • East Facing Home
  • Fenced
  • Property is zoned 0600

HOA Fees

  • $2,635 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,330 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Intracoastal Views
  • High Impact Door
  • Attic

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Property is near a marina
  • Deeded Boat Dock

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-22-10-085-0010

Community Details

Overview

  • Island Estates Subdivision

Recreation

  • Marina
  • Fitness Center

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,351

Year Built

Built in 2009

Lot Details

0

HOA Fees

$2,635 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2009
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Mediterranean
  • Directions: Biscayne Boulevard to NE 183rd Street - East - go thru first guard house of Williams Island - turn left to Entrance of Island Estates
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Dock Available, Dock Available,Dock Owned/Included,Electric Available,Marina
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: ISLAND ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Washer
  • Interior Amenities: Closet Cabinetry, Elevator, Volume Ceilings, Walk-In Closet(s), Attic, Family Room, Other, Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 7330
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Bedroom Features: Master Bedroom Upstairs
  • Living Room Features: Attic, Family Room, Other, Utility Room/Laundry

Exterior Features

  • Roof: Other
  • View: Intracoastal View, Water
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: Other
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Intracoastal Front, Navigable Water
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ISLAND ESTATES
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 2635
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Exercise Room, Gated Community, Security Patrol
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 28-22-10-085-0010
  • Lot Size Sq Ft: 13020
  • Zoning: 0600
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 60351

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Shalev Development Group Llc
Bought by
Karnaby Aventura Holdings Llc
Current Estimated Value
$7,937,754

Purchase Details

Listed on
Aug 21, 2019
Closed on
Apr 29, 2021
Sold by
Sabana Island Estates Investment Llc
Bought by
Karnaby Mazen and Karnaby Elena
Seller's Agent
Ysabel Sanabria
Florida Capital Realty
Buyer's Agent
Suzanna Mishiev
Million Realty LLC
List Price
$6,999,000
Sold Price
$4,700,000
Premium/Discount to List
-$2,299,000
-32.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$3,525,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2011
Closed on
Jun 20, 2012
Sold by
Grand Estate Developers Llc
Bought by
Co Sabana Island Estates Investment Ll
Seller's Agent
Scott Patterson
BHHS EWM Realty
Buyer's Agent
Scott Patterson
BHHS EWM Realty
List Price
$3,850,000
Sold Price
$3,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%

Purchase Details

Closed on
Aug 21, 2006
Sold by
Two Islands Development Corp
Bought by
Grand Estate Developers Llc

Purchase Details

Closed on
Dec 5, 2003
Sold by
Cohen Gary
Bought by
Two Islands Development Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Karnaby Aventura Holdings Llc $529,500 Attorney
Karnaby Aventura Holdings Llc $529,500 None Listed On Document
Karnaby Mazen $4,700,000 Attorney
Co Sabana Island Estates Investment Ll $3,850,000 Attorney
Grand Estate Developers Llc -- Attorney
Two Islands Development Corp $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karnaby Mazen $3,525,000
Previous Owner Grand Estate Developers Llc $4,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $4,700,000 -6.0% $641 / Sq Ft
09/24/2020 09/24/20 Price Changed $4,999,000 -9.1% $682 / Sq Ft
07/23/2020 07/23/20 Price Changed $5,499,000 -12.7% $750 / Sq Ft
07/06/2020 07/06/20 Price Changed $6,299,000 -1.6% $859 / Sq Ft
04/29/2020 04/29/20 Price Changed $6,399,000 -1.1% $873 / Sq Ft
02/07/2020 02/07/20 Price Changed $6,469,000 -0.5% $883 / Sq Ft
11/21/2019 11/21/19 Price Changed $6,499,000 -3.0% $887 / Sq Ft
11/20/2019 11/20/19 Price Changed $6,699,000 -2.9% $914 / Sq Ft
11/12/2019 11/12/19 Price Changed $6,899,000 -1.4% $941 / Sq Ft
08/21/2019 08/21/19 For Sale $6,999,000 +81.8% $955 / Sq Ft
06/26/2012 06/26/12 Sold $3,850,000 0.0% $550 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
01/18/2011 01/18/11 For Sale $3,850,000 -- $550 / 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 $98,219 $6,026,736 -- --
2024 $95,806 $5,856,887 -- --
2023 $95,806 $5,686,299 $3,724,553 $1,961,746
2022 $67,547 $3,976,054 $1,991,765 $1,984,289
2021 $58,208 $3,316,837 $1,762,928 $1,553,909
2020 $55,886 $3,174,027 $1,602,664 $1,571,363
2019 $61,556 $3,489,187 $1,602,664 $1,886,523
2018 $60,351 $3,509,912 $1,602,664 $1,907,248
2017 $63,329 $3,632,039 $0 $0
2016 $63,621 $3,571,618 $0 $0
2015 $64,939 $3,572,318 $0 $0
2014 -- $3,280,733 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ysabel Sanabria

    Seller's Agent in 2021

    Ysabel Sanabria

    Florida Capital Realty

    (786) 356-4400

    4 in this area

    44 Total Sales

    Ysabel Sanabria
    Section Image
  • Suzanna Mishiev

    Buyer's Agent in 2021

    Suzanna Mishiev

    Million Realty LLC

    (917) 501-7571

    2 in this area

    25 Total Sales

    Suzanna Mishiev
    Section Image
  • Scott Patterson

    Seller's Agent in 2012

    Scott Patterson

    BHHS EWM Realty

    (954) 661-8871

    4 in this area

    84 Total Sales

    Scott Patterson
    Section Image
  • Zoila Patterson

    Seller Co-Listing Agent in 2012

    Zoila Patterson

    BHHS EWM Realty

    (305) 323-3193

    3 in this area

    62 Total Sales

    Zoila Patterson
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10727760

MIAMI REALTORS® MLS

APN: 28-2210-085-0010

Florida Miami/Dade County Miami 33160

3901 Island Estates Dr, Miami, FL

This home is located at 3901 Island Estates Dr, Miami, FL 33160 since 21 August 2019 and is currently estimated at $7,937,754, approximately $1,082 per square foot. This property was built in 2009. 3901 Island Estates Dr is a home located in Miami-Dade County with nearby schools including Aventura Waterways K-8 Center, Highland Oaks Middle School, and Dr Michael M. Krop Senior High School.

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.

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