NOT LISTED FOR SALE

Estimated Value: $6,290,000 - $14,640,746

6 Beds
8.5 Baths
10,416 Sq Ft
$918/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $15,000,000 $1,440 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $74,655/month

16 Days on Market

Highlights

  • Property has ocean access
  • In Ground Pool
  • Bay View
  • Private Dock
  • Sauna
  • Sitting Area In Primary Bedroom

About This Home

As of August 2023

Located in the ultra-exclusive guard-gated community of Bay Point this waterfront architectural masterpiece of 10,414 square feet on a 15,599 square foot lot is reminiscent of Frank Lloyd Wright's legendary creations. With 30 foot high ceilings, walls of stone and a lush tropical entry lobby complete with floating staircase this estate is one-of-a-kind. With close proximity to exceptional dining and shopping the home features 6 bedrooms, 9 baths, a 94-foot private dock with direct access to the bay and ocean, chef's kitchen, discrete staff entrance, state-of-the-art spa, billiard room, outdoor kitchen, dual-sided full service bar for indoor/outdoor serving, luxurious pool and jacuzzi as well as a separate children's pool. This unique home is truly a private resort and an absolute must see.

Last Agent to Sell the Property

Carl Gambino

Compass Florida, LLC. License #3473154 Listed on: 04/12/2023

Compass Florida, LLC.

Last Buyer's Agent

David Pullman

One Sotheby's International Re License #3449840

One Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,309

Year Built

  • Built in 1980

Lot Details

  • 0.37 Acre Lot
  • 94 Ft Wide Lot
  • Home fronts a canal
  • East Facing Home
  • Property is zoned 0100

HOA Fees

  • $398 Monthly HOA Fees

Parking

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

Property Views

  • Bay
  • Canal

Home Design

  • Substantially Remodeled

Interior Spaces

  • 10,416 Sq Ft Home
  • Built-In Features
  • Electric Shutters
  • Great Room
  • Family Room
  • Den
  • Atrium Room
  • Storage Room
  • Sauna
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock
  • Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-2380

Community Details

Overview

  • Bay Point Subdivision

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,309

Year Built

Built in 1980

Lot Details

0

HOA Fees

$398 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Other
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • 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: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Cooking Island, Atrium, Den/Library/Office, Family Room, Great Room, Other, Sauna, Storage, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 10416
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Electric Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Living Room Features: Atrium, Den/Library/Office, Family Room, Great Room, Other, Sauna, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Other
  • View: Bay, Canal
  • Exterior Features: Built-In Grill, Other
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 4770
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Private Roads, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-19-008-2380
  • Lot Size Sq Ft: 15995
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 74309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Aug 15, 2023
Sold by
4400 Island Road Land Trust
Bought by
4400 Island Rd Land Trust and Zagury
Seller's Agent
Carl Gambino
Compass Florida, LLC.
Buyer's Agent
David Pullman
One Sotheby's International Re
List Price
$15,500,000
Sold Price
$15,000,000
Premium/Discount to List
-$500,000
-3.23%
Views
14
Current Estimated Value
$9,803,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,196,406
Avg. Annual Appreciation
-17.62%

Purchase Details

Listed on
Sep 13, 2021
Closed on
Sep 13, 2021
Sold by
Arguello Luis and Chamorro Sylvia
Bought by
Jehle Evan and 4400 Island Road Land Trust
Seller's Agent
Dina Goldentayer
Douglas Elliman
Buyer's Agent
Carl Gambino
Compass Florida, LLC.
List Price
$11,888,000
Sold Price
$11,000,000
Premium/Discount to List
-$888,000
-7.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.53%

Purchase Details

Listed on
Feb 21, 2014
Closed on
Aug 13, 2014
Sold by
Chirino Wilfredo J and Chirino Lissette
Bought by
Arguello Luis and Chamorro Sylvia
Seller's Agent
Luis Reyes
Keller Williams Capital Realty
Buyer's Agent
Luis Reyes
Keller Williams Capital Realty
List Price
$5,750,000
Sold Price
$4,171,000
Premium/Discount to List
-$1,579,000
-27.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%
Original Mortgage
$2,500,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 10, 2010
Sold by
Hernandez Robert
Bought by
Chirino Wilfredo and Alvarez Lissette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 6, 1993
Sold by
Chirino Wilfredo J and Chirino Lissette
Bought by
G E Capital Mtg Svc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,450
Interest Rate
7.26%
Source: Public Records

Range of Values:

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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
4400 Island Rd Land Trust $15,000,000 None Listed On Document
Jehle Evan $11,000,000 Pinnacle Title Group Llc
Arguello Luis $4,171,000 Attorney
Chirino Wilfredo $185,000 Attorney
G E Capital Mtg Svc Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4400 Island Road Land Trust $7,700,000
Previous Owner Arguello Luis $2,500,000
Previous Owner Chirino Wilfredo $999,999
Previous Owner Chirino Wilfredo $130,000
Previous Owner Chirino Wilfredo J $1,000,000
Previous Owner Chirino Wilfredo J $711,000
Previous Owner G E Capital Mtg Svc Inc $561,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $15,000,000 -3.2% $1,440 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $15,500,000 +40.9% $1,488 / Sq Ft
09/13/2021 09/13/21 Sold $11,000,000 -7.5% $1,056 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $11,888,000 +185.0% $1,141 / Sq Ft
08/21/2014 08/21/14 Sold $4,171,000 -27.5% $400 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $5,750,000 -- $552 / 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 $246,970 $12,270,312 $7,197,750 $5,072,562
2024 $192,381 $12,309,070 $7,197,750 $5,111,320
2023 $192,381 $9,288,572 $0 $0
2022 $174,458 $8,444,157 $3,518,900 $4,925,257
2021 $74,309 $3,521,307 $0 $0
2020 $73,455 $3,472,690 $0 $0
2019 $71,954 $3,394,614 $0 $0
2018 $69,277 $3,331,319 $0 $0
2017 $68,615 $3,262,801 $0 $0
2016 $69,220 $3,195,692 $0 $0
2015 $91,323 $4,090,079 $0 $0
2014 $34,481 $1,544,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11370812

MIAMI REALTORS® MLS

APN: 01-3219-008-2380