NOT LISTED FOR SALE

Estimated Value: $7,832,000 - $8,894,941

6 Beds
7.5 Baths
6,574 Sq Ft
$1,288/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $9,100,000 $1,384 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $57,955/month

192 Days on Market

Highlights

  • Property has ocean access
  • New Construction
  • Bay View
  • Deeded Boat Dock
  • In Ground Pool
  • Sitting Area In Primary Bedroom

About This Home

As of December 2023

For more information please contact Listing Agent.

Last Agent to Sell the Property

Julianna Castro

Compass Florida, LLC. License #3224254 Listed on: 06/13/2023

Compass Florida, LLC.

Last Buyer's Agent

Agata Munoz

Miami Views Realty License #3239471

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,409

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.38 Acre Lot
  • 90 Ft Wide Lot
  • Home fronts a canal
  • East Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $417 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Bay
  • Canal

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,574 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Family Room
  • Den
  • Sun or Florida Room

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Complete Impact Glass
  • High Impact Door

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Canal Width is 81-120 Feet
  • Deeded Boat Dock
  • Deck
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-0600

Community Details

Overview

  • Bay Point Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,409

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$417 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Gate located on Biscayne Blvd and 54th Street. Private community. Confirmed appointment is required for gate access. ADVERTISING, BLOGGING AND POSTING ON SOCIAL MEDIA AND YOUTUBE ABOUT THIS PROPERTY IS PROHIBITED.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Private Dock,Unrestricted Salt Water Access
  • New Construction: Yes
  • Structure Type: House
  • Subdivision Name: BAY POINT
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Entrance Foyer, Other, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 6574
  • Other Equipment: Automatic Garage Door Opener, Natural Gas
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: Bay, Canal, Water
  • Exterior Features: Barbeque, Built-In Grill
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Canal Width 81-120 Feet
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BAY POINT
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

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

Condo/Co-op/Association

  • Association Fee: 5000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Private Roads, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-19-008-0600
  • Lot Size Sq Ft: 16560
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 76409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Dec 27, 2023
Sold by
4225 Lake Road Holdings Llc
Bought by
Impossible Works Inc
Seller's Agent
Julianna Castro
Compass Florida, LLC.
Buyer's Agent
Agata Munoz
Miami Views Realty
List Price
$9,950,000
Sold Price
$9,100,000
Premium/Discount to List
-$850,000
-8.54%
Views
159
Current Estimated Value
$8,101,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$998,291
Avg. Annual Appreciation
-6.29%

Purchase Details

Listed on
May 24, 2018
Closed on
Sep 5, 2018
Sold by
Lydia Investments Lllp
Bought by
4225 Lake Road Holdings Llc
Seller's Agent
Julianna Castro
Compass Florida, LLC.
Buyer's Agent
Camilo Lopez
Brokers, LLC
List Price
$4,549,000
Sold Price
$4,175,000
Premium/Discount to List
-$374,000
-8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.84%

Purchase Details

Closed on
Mar 30, 2015
Sold by
Foss Richard W
Bought by
Lydia Investments Lllp

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
4%
Mortgage Type
New Conventional
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
Impossible Works Inc $9,100,000 None Listed On Document
4225 Lake Road Holdings Llc $4,175,000 Attorney
Lydia Investments Lllp $3,830,000 Clear Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4225 Lake Road Holdings Llc $3,850,000
Previous Owner Lydia Investments Lllp $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2023 12/27/23 Sold $9,100,000 -7.6% $1,384 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
10/23/2023 10/23/23 Price Changed $9,850,000 -1.0% $1,498 / Sq Ft
06/13/2023 06/13/23 For Sale $9,950,000 0.0% $1,514 / Sq Ft
06/01/2020 06/01/20 Under Contract -- -- --
05/27/2020 05/27/20 Rented $7,000 -6.7% --
04/08/2020 04/08/20 For Rent $7,500 0.0% --
09/12/2019 09/12/19 Rented $7,500 -16.7% --
08/30/2019 08/30/19 For Rent $9,000 0.0% --
09/10/2018 09/10/18 Sold $4,175,000 -8.2% $1,238 / Sq Ft
05/07/2018 05/07/18 For Sale $4,549,000 -- $1,349 / 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 $158,160 $7,452,000 $7,452,000 --
2024 $88,348 $7,875,946 $7,452,000 $423,946
2023 $88,348 $3,893,263 $0 $0
2022 $76,409 $3,539,330 $0 $0
2021 $68,742 $3,217,573 $2,955,960 $261,613
2020 $71,686 $3,348,001 $3,084,300 $263,701
2019 $71,892 $3,350,088 $3,084,300 $265,788
2018 $70,593 $3,352,175 $3,084,300 $267,875
2017 $77,052 $3,581,035 $0 $0
2016 $75,893 $3,459,850 $0 $0
2015 $8,646 $444,076 $0 $0
2014 $8,747 $440,552 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11400354

MIAMI REALTORS® MLS

APN: 01-3219-008-0600