NOT LISTED FOR SALE

Estimated Value: $4,702,000 - $14,916,586

9 Beds
11 Baths
10,012 Sq Ft
$980/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $7,330,000 $732 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $66,707/month

3 Days on Market

Highlights

  • Ocean Front
  • Guest House
  • Media Room
  • North Beach Elementary School Rated A-
  • Intracoastal View
  • 2-minute walk to Pinetree Park

About This Home

As of March 2020

Incredible opportunity to acquire the lowest-priced Estate Lot on coveted Pine Tree Drive. Generous 37,100 Sq. Ft. lot with 100 Ft. of water frontage offering the ability to yield a custom designed, 18,000 Sq. Ft. Estate on prime waterfront property, or choose to update and live in the current Mediterranean style Estate, a 2-story contemporary home featuring details such as fine marble floors in the main living areas, accented by custom ceiling moldings and detailing. The main floor showcases double height ceilings, living room with fireplace, formal dining room, plus separate family and media rooms. The generously sized master suite offers dual spaces with two bathrooms and walk-in closets. The grounds include two private guest houses, pool, outdoor bar, cabana, and outdoor seating areas.

Last Agent to Sell the Property

Oren Alexander

MMLS Assoc.-Inactive Member License #3296414 Listed on: 01/24/2020

Last Buyer's Agent

Menachem Fellig

Compass Florida, LLC License #3291623

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,285

Year Built

  • Built in 1934

Lot Details

  • 0.85 Acre Lot
  • 100 Ft Wide Lot
  • Ocean Front
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned 2200

Parking

  • 3 Car Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Intracoastal
  • Bay
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 10,012 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Media Room
  • Den
  • Utility Room in Garage
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Patio
  • Exterior Lighting

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Flamingo Bay Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-23-003-0110

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,285

Year Built

Built in 1934

Lot Details

0.85 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1934
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: FLAMINGO BAY SUB NO 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Entrance Foyer, French Doors, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Media Room, Utility/Laundry In Garage
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 9
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 10012
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room, Guest House, Media Room, Utility/Laundry In Garage

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Intracoastal View, Pool, Water
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: FLAMINGO BAY SUB NO 1
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Other Subdivision - See Remarks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-23-003-0110
  • Lot Size Sq Ft: 37100
  • Zoning: 2200
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 53285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Mar 13, 2020
Sold by
Rost John
Bought by
Rose Ellen and L A Young Estate Trust
Seller's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
Buyer's Agent
Menachem Fellig
Compass Florida, LLC
List Price
$8,200,000
Sold Price
$7,330,000
Premium/Discount to List
-$870,000
-10.61%
Current Estimated Value
$9,809,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,479,293
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Dec 11, 2019
Sold by
Michaels Maria
Bought by
Rost John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.68%

Purchase Details

Closed on
Aug 22, 2002
Sold by
Michaels Lewis N and Michaels Maria
Bought by
Michaels Maria
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
Rose Ellen $7,330,000 Attorney
Rost John $4,320,000 --
Michaels Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rost John --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $7,330,000 -10.6% $732 / Sq Ft
01/24/2020 01/24/20 For Sale $8,200,000 -- $819 / 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 $188,018 $9,049,251 -- --
2024 $179,995 $8,226,592 -- --
2023 $179,995 $7,467,483 $0 $0
2022 $139,830 $6,788,621 $0 $0
2021 $119,159 $6,171,474 $5,379,500 $791,974
2020 $117,954 $6,092,802 $5,379,500 $713,302
2019 $53,285 $2,790,482 $0 $0
2018 $50,723 $2,738,452 $0 $0
2017 $50,298 $2,682,128 $0 $0
2016 $50,239 $2,626,962 $0 $0
2015 $50,884 $2,608,702 $0 $0
2014 $51,765 $2,587,999 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10790069

MIAMI REALTORS® MLS

APN: 02-3223-003-0110

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