NOT LISTED FOR SALE

4032 Island Estates Dr Miami, FL 33160

Estimated Value: $5,621,000 - $9,821,000

5 Beds
6.5 Baths
5,594 Sq Ft
$1,420/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $5,700,000 $1,019 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $53,930/month

15 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Property fronts an intracoastal waterway
  • Aventura Waterways K-8 Center Rated A-
  • Up to 60-Foot Boat
  • Fitness Center

About This Home

As of January 2021

Exclusive & Private mansion located in coveted Island Estates. Sophisticated and luxurious waterfront single-family home that reflects the magical merging of inspiration and architecture. Infinity pool and breathtaking Intracoastal views. This home was completely remodeled to perfection. Soaring 30-foot ceilings - gleaming travertine & oak floors, fabulous arched windows, private elevator, and so much more. Enjoy gatherings in the generously-sized formal dining room. A fabulous gourmet kitchen will inspire your inner chef.
55 Feet dock deep water w/direct ocean access. Option for a 110 Feet dock available. Truly one of a kind impressive home. Perfect location - close to Bal Harbor Shoppes / Aventura Mall / South Beach / Fort Lauderdale.
24 hour private security and roaming patrol.

Last Agent to Sell the Property

Ruth Abeckjerr

Miami Connections Realty LLC License #0536378 Listed on: 12/20/2020

Last Buyer's Agent

Diane Shapiro

ZFC Real Estate LLC License #0668340

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,544

Year Built

  • Built in 2001 | Newly Remodeled

Lot Details

  • 0.27 Acre Lot
  • 100 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned 0600

HOA Fees

  • $2,227 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Property Views

  • Intracoastal
  • Bay

Home Design

  • Substantially Remodeled
  • Barrel Roof Shape

Interior Spaces

  • 5,594 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Up to 60-Foot Boat
  • Deeded Boat Dock
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-22-10-085-0170

Community Details

Overview

  • Island Estates Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,544

Year Built

Built in 2001 | Newly Remodeled

Lot Details

0

HOA Fees

$2,227 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached
  • Directions: Biscayne Blvd to NE 183rd St - East on 183rd st to entrance of Williams Island - go thru Williams Island until you see the sign "Island Estates and Prive" on left - turn left into Island Estates - Stop at guardhouse and follow to 4032 Island Estates Dr
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Private Dock, Dock Owned/Included,Electric Available,Up to 60 Ft Boat
  • 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: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Vaulted Ceiling(s), Volume Ceilings, Walk-In Closet(s), Family Room, Florida Room
  • Spa Yn: Yes
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Partially
  • Living Area: 5594
  • Other Equipment: Elevator
  • Possible Use: Secondary
  • Window Features: Complete Impact Glass, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Family Room, Florida Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Intracoastal View, Water
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground, Pool/Spa Combo
  • Pool Private: No
  • Property Condition: Substantially Remodeled, New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ISLAND ESTATES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association Fee: 2227
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Additional Amenities, Clubhouse, Pool, Tennis Court(s), Exercise Room, Security Patrol
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 28-22-10-085-0170
  • Lot Size Sq Ft: 11839
  • Zoning: 0600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 49544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2020
Closed on
Jan 26, 2021
Sold by
Vander Leegte Gerard and Vander Van Der
Bought by
Al Hassan Mahmoud and Al Hassan Claudia
Seller's Agent
Ruth Abeckjerr
Miami Connections Realty LLC
Buyer's Agent
Diane Shapiro
ZFC Real Estate LLC
List Price
$5,950,000
Sold Price
$5,700,000
Premium/Discount to List
-$250,000
-4.2%
Current Estimated Value
$7,944,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,244,091
Avg. Annual Appreciation
6.43%

Purchase Details

Listed on
Apr 13, 2016
Closed on
Oct 14, 2016
Sold by
Charmondel 4032 Island Llc
Bought by
Der Leegte Gerard Van Der and Der Leegte Marion Van
Seller's Agent
Daniel Anysz
MMLS Assoc.-Inactive Member
Buyer's Agent
Ruth Abeckjerr
Miami Connections Realty LLC
List Price
$4,150,000
Sold Price
$3,750,000
Premium/Discount to List
-$400,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%

Purchase Details

Listed on
Jun 1, 2013
Closed on
Aug 15, 2014
Sold by
Diamond Marine Limited
Bought by
Charmondel 4032 Island Llc
List Price
$5,000,000
Sold Price
$4,200,000
Premium/Discount to List
-$800,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.18%

Purchase Details

Closed on
Oct 8, 1999
Sold by
Gary Cohen Tr
Bought by
Two Islands Development Corp
Source: Public Records

Range of Values:

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Average Value
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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
Al Hassan Mahmoud $5,700,000 Threshold Title & Escrow Inc
Der Leegte Gerard Van Der $3,750,000 None Available
Charmondel 4032 Island Llc $4,200,000 Transamerica Title Svcs Inc
Two Islands Development Corp $475,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $5,700,000 -4.2% $1,019 / Sq Ft
12/20/2020 12/20/20 For Sale $5,950,000 +58.7% $1,064 / Sq Ft
10/14/2016 10/14/16 Sold $3,750,000 -5.1% $670 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
08/15/2016 08/15/16 Price Changed $3,950,000 -4.8% $706 / Sq Ft
04/13/2016 04/13/16 For Sale $4,150,000 -1.2% $742 / Sq Ft
08/29/2014 08/29/14 Sold $4,200,000 -16.0% $731 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
06/01/2013 06/01/13 For Sale $5,000,000 -- $870 / 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 $102,023 $6,178,310 -- --
2024 $94,115 $5,616,646 -- --
2023 $94,115 $5,106,042 $0 $0
2022 $78,773 $4,641,857 $1,841,194 $2,800,663
2021 $63,680 $3,091,756 $0 $0
2020 $49,544 $2,810,688 $1,455,514 $1,355,174
2019 $33,803 $1,903,620 $1,455,514 $448,106
2018 $33,036 $1,909,016 $1,455,514 $453,502
2017 $54,906 $3,145,414 $0 $0
2016 $52,853 $2,962,941 $0 $0
2015 $53,911 $2,961,552 $0 $0
2014 $52,258 $2,808,364 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10973757

MIAMI REALTORS® MLS

APN: 28-2210-085-0170