Nancy Batchelor
Compass Florida, LLC
(786) 685-4740
388 Total Sales
1 in Star, Palm and Hibiscus Islands
$4,250,000 Price
Estimated Value: $43,518,868
8
Beds
13
Baths
14,930
Sq Ft
$2,915/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- Ocean View
- In Ground Pool
- South Pointe Elementary School Rated 9+
- New Construction
- 4-minute walk to Central Park
About This Home
As of May 2024Discover this exquisite waterfront new construction masterpiece, designed by renowned Tropical Modern architect, Cesar Molina. The interior features are truly exceptional, with Mia Cucina cabinetry, Wolf + Subzero appliances, state-of-the-art home theatre, gym with steam & sauna. The primary bedroom has a private patio with pool, and an incredibly large closet incl. wet bar. A rare full size rooftop terrace with elevator access is perfect for unforgettable day and nighttime gatherings overlooking the beautiful Miami Skyline. 4 car electric garage with detached upstairs guest house. A private boat dock with 100 ft of water frontage provides a gateway to the open ocean. With its flawless craftsmanship, unrivaled amenities, & idyllic setting, this waterfront estate transcends the ordinary.
Last Agent to Sell the Property
Compass Florida, LLC License #3045004 Listed on: 11/27/2023
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $164,952
Year Built
- Built in 2023 | New Construction
Lot Details
- 32,000 Sq Ft Lot
- 100 Feet of Waterfront
- Home fronts navigable water
- Property fronts an intracoastal waterway
- Property Fronts a Bay or Harbor
- Northeast Facing Home
- Gated Home
- Property is zoned 2200
Parking
- 4 Car Detached Garage
- Driveway
Property Views
- Ocean
- Intracoastal
- Bay
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Concrete Roof
Interior Spaces
- 14,930 Sq Ft Home
- 2-Story Property
- Elevator
- Wet Bar
- Furnished or left unfurnished upon request
- Built-In Features
- Bar
- High Ceiling
- Fireplace
- Formal Dining Room
Kitchen
- Eat-In Kitchen
- Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary Bedroom on Main
- Closet Cabinetry
- Walk-In Closet
- Bidet
- Dual Sinks
- Separate Shower in Primary Bathroom
- Soaking Tub
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Balcony
- Deck
- Open Patio
- Outdoor Living Area
- Exterior Lighting
- Built-In Barbecue
Schools
- Miami Beach South Pointe Elementary School
- Miami Beach Nautilus Middle School
- Miami Beach High School
Utilities
- Central Heating and Cooling System
- Well
Listing and Financial Details
- Assessor Parcel Number 0242050010270
Community Details
Overview
- Property has a Home Owners Association
- Palm Island Subdivision
- Electric Vehicle Charging Station
Building Details
- Security
Security
- Security Guard
- 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
Closed on
Feb 25, 2025
Sold by
Mi 8787 Llc
Bought by
Current Estimated Value
Purchase Details
Listed on
Nov 27, 2023
Closed on
May 8, 2024
Sold by
Fk Florida Investments Llc
Bought by
Mi 8787 Llc
Seller's Agent
Liz Hogan
Compass Florida, LLC
Buyer's Agent
Matthew Dugow
Compass Florida, LLC
List Price
$48,500,000
Sold Price
$40,000,000
Premium/Discount to List
-$8,500,000
-17.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%
Purchase Details
Listed on
Sep 21, 2012
Closed on
Dec 28, 2012
Sold by
40 Palm Ave Llc
Bought by
Fk Florida Investments Llc
Seller's Agent
Irving Padron
Engel & Voelkers
Buyer's Agent
Dora Puig
MMLS Assoc.-Inactive Member
List Price
$5,900,000
Sold Price
$5,400,000
Premium/Discount to List
-$500,000
-8.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.28%
Purchase Details
Closed on
May 25, 2007
Sold by
Dunmore Jeremy and Dunmore Sidney
Bought by
40 Palm Avenue Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,515,644
Interest Rate
6.1%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 5, 2004
Sold by
Esi S A
Bought by
Dunmore Sidney and Dunmore Jeremy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 20, 1994
Sold by
Solomon Max and Solomon Judith F
Bought by
E S I
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Star, Palm and Hibiscus Islands, FL
-
Nancy Batchelor
-
Cyril Bijaoui
Cyril Bijaoui
The Corcoran Group
(786) 485-1158
52 Total Sales
1 in Star, Palm and Hibiscus Islands
$7,550,000 Price
-
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
-
Kimberly Rodstein
Kimberly Rodstein
Responds QuicklyDouglas Elliman
(888) 589-5234
81 Total Sales
1 in Star, Palm and Hibiscus Islands
$12,250,000 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
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 |
|---|---|---|---|
| $45,000,000 | None Listed On Document | ||
| Mi 8787 Llc | $37,960,000 | None Listed On Document | |
| Fk Florida Investments Llc | $5,400,000 | Attorney | |
| 40 Palm Avenue Llc | $4,000,000 | Attorney | |
| Dunmore Sidney | $3,650,000 | -- | |
| E S I | $850,000 | -- |
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 | $7,600,000 | ||
| Previous Owner | 30 Palm Avenue Llc | $6,400,000 | |
| Previous Owner | Dunmore Sidney D | $8,515,644 | |
| Previous Owner | Dunmore Sidney | $2,000,000 |
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 |
|---|---|---|---|---|
| 05/08/2024 05/08/24 | Sold | $40,000,000 | -17.5% | $2,679 / Sq Ft |
| 04/22/2024 04/22/24 | Pending | -- | -- | -- |
| 11/27/2023 11/27/23 | For Sale | $48,500,000 | -- | $3,248 / 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 | $303,585 | $28,955,560 | $19,200,000 | $9,755,560 |
| 2024 | $186,581 | $16,757,820 | ||
| 2023 | $186,581 | $8,905,600 | $0 | $0 |
| 2022 | $164,952 | $8,096,000 | $0 | $0 |
| 2021 | $144,499 | $7,360,000 | $7,360,000 | $0 |
| 2020 | $144,878 | $7,360,000 | $7,360,000 | $0 |
| 2019 | $145,017 | $7,360,000 | $7,360,000 | $0 |
| 2018 | $134,284 | $7,360,000 | $7,360,000 | $0 |
| 2017 | $128,885 | $6,207,784 | $0 | $0 |
| 2016 | $124,218 | $5,643,440 | $0 | $0 |
| 2015 | $112,843 | $5,130,400 | $0 | $0 |
| 2014 | $100,531 | $4,664,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Liz Hogan
Seller's Agent in 2024
Liz Hogan
Compass Florida, LLC
(305) 804-9700
6 in this area
311 Total Sales
-
Matthew Dugow
Buyer's Agent in 2024
Matthew Dugow
Compass Florida, LLC
(305) 400-9507
1 in this area
61 Total Sales
-
Irving Padron
Seller's Agent in 2012
Irving Padron
Engel & Voelkers
(305) 444-9500
3 Total Sales
-
MW
Seller Co-Listing Agent in 2012
Marnette Wegmann
Wegmann Real Estate LLC
-
DP
Buyer's Agent in 2012
Dora Puig
MMLS Assoc.-Inactive Member
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A11476859
APN: 02-4205-001-0270
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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