$3,500,000
SOLD DEC 28, 2012

4028 Island Estates Dr Miami, FL 33160

5 Beds
6.5 Baths
6,711 Sq Ft
0.31 Acres

Recently Sold

$522 Per Sq Ft

17% Below List Price

42 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Home Theater
  • Aventura Waterways K-8 Center Rated A-
  • Property Fronts a Bay or Harbor
  • Newly Remodeled

About This Home

As of February 2021

BAYFRONT MASTERPIECE ON A PRIVATE, GUARD GATED ISLAND. PRIVATE DOCK & DEEDED DOCK AT MARINA FOR 100'+ BOATS. NO OTHER HOME COMPARES. COMPLETELY CUSTOMIZED BY INTERIOR DESIGNER & FINISHED W/TOP OF THE LINE MATERIALS. BRAZILIAN CHERRY WOOD FLOORS, MARBLE C USTOM KITCHEN, WINE BAR, SPECTACULAR MASTER SUITE, 3000 + SQ FT OUTDOOR TERRACE W/INFINITI POOL,WIDE OPEN BAY VIEWS, ALL WILLIAMS ISLAND AMENITIES INCLUDED. LUXURY LIVING AT ITS BEST. EXTENDED DOCK ON PROPERTY-SEE VIRTUAL TOUR. Seller Financing Available.

Last Agent to Sell the Property

Judah Burstyn

Beachfront Realty Inc License #0011740 Listed on: 11/05/2012

Beachfront Realty Inc

Last Buyer's Agent

Lana Bell

Douglas Elliman License #3084882

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,393

Year Built

  • Built in 2001 | Newly Remodeled

Lot Details

  • 0.31 Acre Lot
  • 60 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned 41/MULTI

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 5 Carport Spaces
  • Automatic Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,711 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Partially Furnished
  • Fireplace
  • Bay Window
  • Home Theater
  • Wood Flooring
  • Bay Views

Kitchen

  • Gas Range
  • Cooking Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry

Home Security

  • Security System Owned
  • High Impact Windows
  • High Impact Door

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Deeded Boat Dock
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 28-22-10-085-0150

Community Details

Overview

  • Island Estates Subdivision

Amenities

  • Courtesy Bus

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,393

Year Built

Built in 2001 | Newly Remodeled

Lot Details

0

HOA Fees

$1,200 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Directions: PRIVATE ISLAND INSIDE WILLIAMS ISLAND- GO TO GUARD GATE FOR ISLAND ESTATES
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: ISLAND ESTATES
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Water Purifier, Gas Range
  • Interior Amenities: Closet Cabinetry, Cooking Island, Elevator, Media Room, Other
  • Spa Yn: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Wood
  • Furnished: Partially Furnished
  • Living Area: 6711
  • Other Equipment: Automatic Garage Door Opener, Central Vacuum, Elevator
  • Possible Use: Secondary
  • Window Features: Bay Window(s), High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Media Room, Other

Exterior Features

  • Roof: Barrel Roof
  • View: Bay
  • Exterior Features: Built-In Grill
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Features: Other
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ISLAND ESTATES
  • Carport Spaces: 5
  • Covered Parking Spaces: 8
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Covered, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm

Condo/Co-op/Association

  • Association Fee: 1200
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Additional Amenities, Courtesy Bus
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 28-22-10-085-0150
  • Lot Size Sq Ft: 13554
  • Zoning: 41/MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 36393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2020
Closed on
Feb 1, 2021
Sold by
Mordell Scott and Trust Seven Hundred Thirty
Bought by
Flsi Llc
Seller's Agent
Cindy Orlinsky
Douglas Elliman
Buyer's Agent
Brandon Kochen
General Cavalier Realty, LLC.
List Price
$5,950,000
Sold Price
$4,950,000
Premium/Discount to List
-$1,000,000
-16.81%
Current Estimated Value
$7,493,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,543,206
Avg. Annual Appreciation
10.04%

Purchase Details

Listed on
Nov 5, 2012
Closed on
Dec 28, 2012
Sold by
Burstyn Juda and Burstyn Eileen
Bought by
Schwartz Todd
Seller's Agent
Judah Burstyn
Beachfront Realty Inc
Buyer's Agent
Lana Bell
Douglas Elliman
List Price
$4,199,000
Sold Price
$3,500,000
Premium/Discount to List
-$699,000
-16.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%

Purchase Details

Closed on
Aug 3, 2011
Sold by
Burstyn Eileen
Bought by
Burstyn Juda and Burstyn Eileen

Purchase Details

Closed on
Jan 6, 2006
Sold by
Snow Arthur and Snow Diane
Bought by
Burstyn Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,141,750
Interest Rate
4.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2001
Sold by
Two Islands Dev Corp C
Bought by
Snow Arthur and Snow Diane
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $4,775,000 Attorney
Warranty Deed $3,500,000 Seagull Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $3,295,000 None Available
Deed $2,650,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Previous Owner $3,280,000 New Conventional
Previous Owner $2,200,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $2,800,000 New Conventional
Previous Owner $2,141,750 Unknown
Previous Owner $1,500,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $4,950,000 -9.2% $845 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $5,450,000 -8.4% $930 / Sq Ft
06/26/2020 06/26/20 For Sale $5,950,000 +70.0% $1,016 / Sq Ft
12/28/2012 12/28/12 Sold $3,500,000 -16.6% $522 / Sq Ft
11/05/2012 11/05/12 For Sale $4,199,000 -- $626 / 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 $88,211 $5,282,236 -- --
2024 $81,224 $4,802,033 -- --
2023 $81,224 $4,365,485 $0 $0
2022 $67,422 $3,968,623 $1,691,142 $2,277,481
2021 $47,384 $2,694,856 $1,470,582 $1,224,274
2020 $44,758 $2,576,256 $1,336,895 $1,239,361
2019 $51,461 $2,952,201 $1,336,895 $1,615,306
2018 $50,482 $2,971,635 $1,336,895 $1,634,740
2017 $50,807 $2,948,475 $0 $0
2016 $50,823 $2,887,831 $0 $0
2015 $51,505 $2,867,757 $0 $0
2014 $52,211 $2,844,998 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1709938

MIAMI REALTORS® MLS

APN: 28-2210-085-0150