NOT LISTED FOR SALE

4042 Island Estates Dr Miami, FL 33160

Estimated Value: $6,672,000 - $12,347,120

5 Beds
8 Baths
7,796 Sq Ft
$1,226/Sq Ft Est. Value

Sale Details

Date Sold: December 5, 2025

Last sale price $13,500,000 $1,732 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $70,774 / mo

65 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Deeded Boat Dock
  • Aventura Waterways K-8 Center Rated A-
  • Property fronts an intracoastal waterway
  • Media Room

About This Home

As of December 2025

Sophisticated Island Living! Welcome to your own private waterfront paradise, a tri-level architectural estate offering 5 bedrooms, 6 full baths, and 2 half baths. Positioned along 251 feet of wide bay frontage, this residence captures sweeping, unobstructed views at every turn. Interiors are finished in rich marble and walnut wood floors, with voluminous living spaces designed for both grand entertaining and intimate everyday moments. The expansive primary suite opens to a waterfront terrace, while every bedroom enjoys its own balcony framing the bay. Outdoor living is elevated with a resort-style pool and spa, summer kitchen, custom lounge areas, and tranquil seating vignettes. Designed with bespoke finishes and modern comforts, this estate delivers a lifestyle without compromise.

Last Agent to Sell the Property

Chad Carroll

Compass Florida, LLC License #3231797 Listed on: 09/09/2025

Compass Florida, LLC

Last Buyer's Agent

Chad Carroll

Compass Florida, LLC License #3231797 Listed on: 09/09/2025

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,465

Year Built

  • Built in 2001

Lot Details

  • 18,258 Sq Ft Lot
  • 251 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • North Facing Home
  • Property is zoned 0600

HOA Fees

  • $4,431 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Paver Block
  • Guest Parking

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 7,796 Sq Ft Home
  • Central Vacuum
  • Partially Furnished
  • Built-In Features
  • Bar
  • Fireplace
  • French Doors
  • Family Room
  • Media Room
  • Den

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry

Laundry

  • Laundry in Utility Room
  • Dryer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Deeded Boat Dock
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-22-10-085-0220

Community Details

Overview

  • Island Estates Subdivision
  • Maintained Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,465

Year Built

Built in 2001

Lot Details

0.42 Acres

HOA Fees

$4,431 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: ISLAND ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 13500000
  • InternetRemarks: Welcome to your own private waterfront paradise, a tri-level architectural estate with 251 ft of wide bay frontage.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Free-Standing Freezer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Elevator, French Doors, Den/Library/Office, Family Room, Media Room, Utility Room/Laundry
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Partially Furnished
  • Living Area: 7796
  • Other Equipment: Automatic Garage Door Opener, Central Vacuum, Elevator
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Family Room, Media Room, Utility Room/Laundry

Exterior Features

  • Roof: Barrel Roof
  • View: Intracoastal View, Ocean
  • Exterior Features: Built-In Grill, Lighting, Open Balcony
  • Construction Type: Concrete Block Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ISLAND ESTATES
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Guest, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 4431
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated Community, Maintained Community, Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 28-22-10-085-0220
  • Lot Size Sq Ft: 18258
  • Zoning: 0600

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 51465

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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
Sep 9, 2025
Closed on
Dec 5, 2025
Sold by
Bought by
Seller's Agent
Chad Carroll
Compass Florida, LLC
Buyer's Agent
Chad Carroll
Compass Florida, LLC
List Price
$14,995,000
Sold Price
$13,500,000
Premium/Discount to List
-$1,495,000
-9.97%
Views
179
Current Estimated Value
$9,560,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,939,627
Avg. Annual Appreciation
-51.27%

Purchase Details

Listed on
Dec 29, 2021
Closed on
Apr 29, 2022
Sold by
Bought by
Seller's Agent
Chad Carroll
Compass Florida, LLC
Buyer's Agent
Chad Carroll
Compass Florida, LLC
List Price
$12,495,000
Sold Price
$11,900,000
Premium/Discount to List
-$595,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$9,065,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 11, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
May 22, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2001
Sold by
Bought by

Purchase Details

Closed on
May 1, 2001
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$12,450,000 None Listed On Document
$11,900,000 None Listed On Document
$11,900,000 None Listed On Document
$2,050,000 Attorney
$2,050,000 Attorney
-- Attorney
$100 --
$2,957,600 --
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 $9,065,000
Previous Owner $3,000,000
Previous Owner $3,000,000
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 Prior Sale
12/05/2025 12/05/25 Sold $13,500,000 -10.0% $1,732 / Sq Ft
11/13/2025 11/13/25 Pending -- -- --
09/09/2025 09/09/25 For Sale $14,995,000 +26.0% $1,923 / Sq Ft
04/29/2022 04/29/22 Sold $11,900,000 -4.8% $1,526 / Sq Ft View Prior Sale
01/08/2022 01/08/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $12,495,000 -- $1,603 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $177,058 $10,244,680 $4,608,121 $5,636,559
2024 $171,437 $10,519,065 $4,812,913 $5,706,152
2023 $171,437 $10,112,544 $4,185,188 $5,927,356
2022 $51,299 $3,052,589 $0 $0
2021 $51,465 $2,969,274 $0 $0
2020 $50,902 $2,928,279 $0 $0
2019 $49,889 $2,862,443 $0 $0
2018 $47,708 $2,809,071 $0 $0
2017 $47,394 $2,751,294 $0 $0
2016 $47,407 $2,694,706 $0 $0
2015 $48,042 $2,675,975 $0 $0
2014 $48,700 $2,654,738 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Carroll

    Seller's Agent in 2025

    Chad Carroll

    Compass Florida, LLC

    (614) 668-1478

    13 in this area

    200 Total Sales

    Chad Carroll
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11875100

MIAMI REALTORS® MLS

APN: 28-2210-085-0220

Florida Miami/Dade County Miami 33160

4042 Island Estates Dr, Miami, FL

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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