NOT LISTED FOR SALE

Estimated Value: $8,278,000 - $19,293,298

6 Beds
6 Baths
8,322 Sq Ft
$1,657/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $11,150,000 $1,340 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $89,963/month

275 Days on Market

Highlights

  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • 35,910 Sq Ft lot
  • Morningside K-8 Academy Rated 9+
  • In Ground Pool
  • Maid or Guest Quarters

About This Home

As of December 2020

Tucked away in the exclusive gated community of Bay Point, this stunning waterfront property offers some of the most spectacular views in all of Miami right from its backyard. Absolutely nothing stands between this 32,000+ square foot & vistas of the beaches & Bay to the east & the dramatic glittering downtown skyline to the south. Situated near a corner of the community’s island, the home is private, but with easy access to nearby Midtown, The Design District, Wynwood, and Biscayne Blvd. It offers spacious 2-stories, 6-BRs with over 10,000 SF, a swimming pool, a separate pool house, 2 car garage plus plenty of indoor and outdoor entertaining space. Inside includes high-ceilings, a separate rec room off the pool, maid or in-law suite, and an upstairs master with more stunning water views.

Last Agent to Sell the Property

Anjianette Beltran

Cervera Real Estate Inc. License #0592876 Listed on: 12/13/2019

Cervera Real Estate Inc.

Last Buyer's Agent

Stephanie Jourdan Pedron

Consultants Immobilier Inc License #3377957

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 0.82 Acre Lot
  • 190 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Southeast Facing Home
  • Property is zoned 0100

HOA Fees

  • $517 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,322 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room
  • Bay Views

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • 6 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-2480

Community Details

Overview

  • Bay Point Subdivision

Security

  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

HOA Fees

$517 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: 4355 Sabal Palm Rd MIAMI, FL 33137
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BAY POINT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Florida Room, Maid/In-Law Quarters, Recreation Room
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 8322
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Florida Room, Maid/In-Law Quarters, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Flat Tile
  • View: Bay
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BAY POINT
  • 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
  • Laundry Features: Laundry Tub, Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 6207
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Private Roads, Security Patrol
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-19-008-2480
  • Lot Size Sq Ft: 35910
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Krelstein Richard Lee
Bought by
4355 Sabal Palm Owner Llc
Current Estimated Value
$14,272,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500,000
Outstanding Balance
$13,408,763
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$376,886

Purchase Details

Listed on
Dec 13, 2019
Closed on
Dec 19, 2020
Sold by
Bayview Concept Llc
Bought by
Krelstein Richard Lee
Seller's Agent
Anjianette Beltran
Cervera Real Estate Inc.
Buyer's Agent
Stephanie Jourdan Pedron
Consultants Immobilier Inc
List Price
$11,800,000
Sold Price
$11,150,000
Premium/Discount to List
-$650,000
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$7,805,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2017
Closed on
Mar 12, 2018
Sold by
Davis Nancy Jean and Laskin Linda Davis
Bought by
Bayview Concept Llc
Seller's Agent
Kathy Green
Coldwell Banker Realty
Buyer's Agent
Anjianette Beltran
Cervera Real Estate Inc.
List Price
$8,500,000
Sold Price
$8,320,000
Premium/Discount to List
-$180,000
-2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$4,000,000
Interest Rate
4.32%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 26, 2017
Sold by
Estate Of James L Davis
Bought by
Davis Nancy Jean and Laskin Linda Davis
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

Date Buyer Sale Price Title Company
4355 Sabal Palm Owner Llc $21,000,000 None Listed On Document
4355 Sabal Palm Owner Llc $21,000,000 None Listed On Document
Krelstein Richard Lee $11,150,000 Clear Title Group
Bayview Concept Llc $83,200 Attorney
Davis Nancy Jean -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4355 Sabal Palm Owner Llc $13,500,000
Closed 4355 Sabal Palm Owner Llc $13,500,000
Previous Owner Krelstein Richard Lee $7,805,000
Previous Owner Bayview Concept Llc $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2020 12/23/20 Sold $11,150,000 -5.5% $1,340 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $11,800,000 +41.8% $1,418 / Sq Ft
03/20/2018 03/20/18 Sold $8,320,000 -2.1% $1,000 / Sq Ft View Prior Sale
12/03/2017 12/03/17 Pending -- -- --
10/24/2017 10/24/17 For Sale $8,500,000 -- $1,021 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $183,101 $9,428,396 -- --
2024 $175,340 $9,162,679 -- --
2023 $175,340 $8,553,090 $0 $0
2022 $170,702 $8,303,971 $0 $0
2021 $170,785 $8,062,108 $6,463,800 $1,598,308
2020 $159,344 $7,739,302 $6,786,990 $952,312
2019 $151,765 $7,091,819 $6,786,990 $304,829
2018 $162,187 $7,725,170 $6,786,990 $938,180
2017 $28,677 $1,377,518 $0 $0
2016 $28,919 $1,349,186 $0 $0
2015 $29,249 $1,339,808 $0 $0
2014 $29,589 $1,329,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10787004

MIAMI REALTORS® MLS

APN: 01-3219-008-2480