$7,250,000
SOLD SEP 4, 2012
8 Beds
12 Baths
11,878 Sq Ft
0.9 Acres

Recently Sold

$610 Per Sq Ft

746 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Property fronts an intracoastal waterway
  • North Beach Elementary School Rated A-
  • 1 Bedroom Guest House
  • 2-minute walk to Pinetree Park

About This Home

As of March 2024

A regal entry new home sited on a 39,000sf lot offering a profusion of ceiling frescoes and columns, exquisite mahogany wood details, 25' fireplace, theater, wine room, private guest, staff houses and office, gourmet kitchen w/island, impressive large mas ter suite, terraces, loggias, fountains, resort style pool, gazebo, summer kitchen and outstanding grounds. Excellent dockage for large yacht plus boat/jet ski lift. Luxury abounds throughout this extraordinary waterfront. Also for rent

Last Agent to Sell the Property

Nelson Gonzalez

BHHS EWM Realty License #0449460 Listed on: 12/07/2009

BHHS EWM Realty

Last Buyer's Agent

Brandon Brugal

BZG International, LLC License #3224266

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,545

Year Built

  • Built in 1933 | Newly Remodeled

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 100x390
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Fenced
  • Oversized Lot
  • Property is zoned 22/EST 2

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Open Parking

Property Views

  • Water
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 11,878 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • French Doors
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Loft
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Roman Tub

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Free Form Pool

Outdoor Features

  • Property has ocean access
  • Boat Lift
  • Private Dock
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • 1 Bedroom Guest House
  • Two Bathroom Guest House
  • Guest House Includes Living Room
  • Guest House Includes Kitchen

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Flamingo Bay Sub No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-23-003-0120

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,545

Year Built

Built in 1933 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1933
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock
  • Lot Size: 100x390
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: FLAMINGO BAY SUB NO 1
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bedroom, 2 Baths, Kitchen, Living Room
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Closet Cabinetry, French Doors, Roman Tub, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Separate Guest/In-Law Quarters, Loft, Maid/In-Law Quarters, Media Room, Recreation Room, Storage
  • Spa Yn: Yes
  • Full Bathrooms: 9
  • Half Bathrooms: 3
  • Total Bedrooms: 8
  • Door Features: French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 11878
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining, Other
  • Living Room Features: Den/Library/Office, Separate Guest/In-Law Quarters, Loft, Maid/In-Law Quarters, Media Room, Recreation Room, Storage Room
  • Master Bathroom Features: Bidet, Dual Sinks

Exterior Features

  • Roof: Barrel Roof
  • View: Pool, Water
  • Exterior Features: Built-In Grill, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot, Flood Zone Lot, Oversized Lot
  • Pool Features: In Ground, Free Form, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: FLAMINGO BAY SUB NO 1
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Paver Block

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 02-32-23-003-0120
  • Lot Size Sq Ft: 39000
  • Zoning: 22/EST 2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 47545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Mar 8, 2024
Sold by
4411 Florida Llc
Bought by
Yesharim Babba Joshua
Seller's Agent
Menachem Fellig
Compass Florida, LLC.
Buyer's Agent
Babba Mehrpouyan
Beachfront Realty Inc
List Price
$17,995,000
Sold Price
$16,000,000
Premium/Discount to List
-$1,995,000
-11.09%
Views
18
Current Estimated Value
$9,861,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,138,165
Avg. Annual Appreciation
-29.94%
Original Mortgage
$5,000,000
Outstanding Balance
$4,928,410
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$4,933,425

Purchase Details

Closed on
Oct 19, 2023
Sold by
4411 Florida Llc
Bought by
Yesharim Babba Joshua

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 11, 2021
Sold by
Marin Maria and Maria Marin Revocable Trust
Bought by
4411 Florida Llc
Seller's Agent
Karolyn Henao
BZG International, LLC
Buyer's Agent
Karolyn Henao
BZG International, LLC
List Price
$16,999,000
Sold Price
$12,250,000
Premium/Discount to List
-$4,749,000
-27.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.03%
Original Mortgage
$2,800,000
Interest Rate
2.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2012
Sold by
Marin Maria and Marin Yaddiel
Bought by
Maria Marin Revocable Trust

Purchase Details

Listed on
Dec 7, 2009
Closed on
Sep 4, 2012
Sold by
Touchdown At Doral Ii Llc
Bought by
Marin Maria and Marin Yaddiel
Seller's Agent
Nelson Gonzalez
BHHS EWM Realty
Buyer's Agent
Brandon Brugal
BZG International, LLC
List Price
$7,250,000
Sold Price
$7,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%

Purchase Details

Closed on
Aug 31, 2004
Sold by
Layfield Kathy
Bought by
Touchdown At Doral Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
6.01%
Mortgage Type
Construction

Purchase Details

Closed on
May 19, 1995
Sold by
Russo Anthony L and Russo To Chau D
Bought by
Layfield Richard and Layfield Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
8.22%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $16,000,000 None Listed On Document
Contract Of Sale -- None Listed On Document
Warranty Deed $12,250,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $7,250,000 Attorney
Warranty Deed $3,200,000 --
Interfamily Deed Transfer -- --
Warranty Deed $850,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 New Conventional
Previous Owner $600,000 New Conventional
Previous Owner $1,200,000 New Conventional
Previous Owner $2,800,000 New Conventional
Previous Owner $2,800,000 Balloon
Previous Owner $9,600,000 Commercial
Previous Owner $2,000,000 Unknown
Previous Owner $2,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,000,000 New Conventional
Previous Owner $1,975,000 Credit Line Revolving
Previous Owner $4,200,000 Unknown
Previous Owner $3,600,000 Construction
Previous Owner $510,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $16,000,000 -11.1% $1,254 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $17,995,000 +46.9% $1,410 / Sq Ft
05/11/2021 05/11/21 Sold $12,250,000 -27.9% $1,031 / Sq Ft
02/19/2021 02/19/21 For Sale $16,999,000 +134.5% $1,431 / Sq Ft
09/04/2012 09/04/12 Sold $7,250,000 0.0% $610 / Sq Ft
12/24/2011 12/24/11 Pending -- -- --
12/07/2009 12/07/09 For Sale $7,250,000 -- $610 / 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 $250,761 $12,726,224 $11,700,000 $1,026,224
2024 $251,972 $13,206,172 -- --
2023 $251,972 $12,005,611 $0 $0
2022 $205,070 $10,914,192 $7,995,000 $2,919,192
2021 $164,410 $8,515,075 $5,655,000 $2,860,075
2020 $121,690 $6,326,559 $0 $0
2019 $185,291 $9,561,673 $6,630,000 $2,931,673
2018 $0 $6,069,009 $0 $0
2017 $112,418 $5,944,182 $0 $0
2016 $112,299 $5,821,922 $0 $0
2015 $55,935 $5,781,452 $0 $0
2014 $55,935 $5,735,568 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: M1357688

MIAMI REALTORS® MLS

APN: 02-3223-003-0120