NOT LISTED FOR SALE

Estimated Value: $5,339,000 - $9,386,099

5 Beds
4.5 Baths
3,112 Sq Ft
$2,266/Sq Ft Est. Value

Sale Details

Date Sold: August 2, 2016

Last sale price $1,725,000 $554 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $42,766 / mo

12 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Formal Dining Room
  • Morningside K-8 Academy Rated 9+
  • Garden View
  • Circular Driveway

About This Home

As of August 2016

Build your new home or renovate the existing one on a very unique 15,290 sq ft lot in Bay Point private gated community. With great privacy and green environment, this property is the only dry lot ready for a project in the Island. Currently close to 4,000 sqft per owner, the house can be expanded with a second 2nd floor and garage. Bay Point offers security and peace, only minutes from all vibrant Miami neighborhoods: luxurious Design District, trendy Midtown and Mimo, busy Downtown and relaxing Beaches.

Last Agent to Sell the Property

Elisabeth Gazay

One Sotheby's International Realty License #3274575 Listed on: 05/27/2016

One Sotheby's International Realty

Last Buyer's Agent

Valentina Lopez

Brokers, LLC License #3063722

Brokers, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,734

Year Built

  • Built in 1947

Lot Details

  • 15,290 Sq Ft Lot
  • Northwest Facing Home
  • Fenced

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,112 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family Room
  • Formal Dining Room
  • Storage Room
  • Laundry in Utility Room
  • Garden Views
  • Dishwasher

Flooring

  • Parquet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Parking

  • Circular Driveway
  • Open Parking

Utilities

  • Central Air
  • Reverse Cycle Heating System

Additional Features

  • In Ground Pool
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-2140

Community Details

Overview

  • Bay Point Subdivision
  • Mandatory home owners association
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,734

Year Built

Built in 1947

Lot Details

0.35 Acres

HOA Fees

$217 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: Bay Point community entrance is located on Biscayne Blvd and 45th street. Once inside the community, go straight onto Island road, property will be on your right, second block after the bridge.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Bay Point
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: First Floor Entry, Pantry, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Family Room, Storage, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Parquet, Tile
  • Furnished: Unfurnished
  • Living Area: 3112
  • Other Equipment: Natural Gas
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Florida/Dining Combination, Formal Dining
  • Living Room Features: Family Room, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, East Of US 1
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Bay Point
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, No Rv/Boats, No Trucks/Trailers

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Mandatory Hoa, Private Roads, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-19-008-2140
  • Lot Size Sq Ft: 15290
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7734

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2023
Sold by
Bought by
Current Estimated Value
$7,050,275

Purchase Details

Listed on
May 27, 2016
Closed on
Aug 1, 2016
Sold by
Bought by
Seller's Agent
Elisabeth Gazay
One Sotheby's International Realty
Buyer's Agent
Valentina Lopez
Brokers, LLC
List Price
$1,875,000
Sold Price
$1,725,000
Premium/Discount to List
-$150,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%
Original Mortgage
$1,380,000
Interest Rate
0.0312%
Mortgage Type
Adjustable Rate Mortgage/ARM
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$1,725,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,552,700
Previous Owner $1,380,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/02/2016 08/02/16 Sold $1,725,000 -8.0% $554 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $1,875,000 -- $603 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $49,610 $2,571,646
2024 $49,017 $2,499,171
2023 $49,017 $2,426,380 $0 $0
2022 $47,697 $2,355,709 $0 $0
2021 $47,706 $2,287,097 $0 $0
2020 $47,152 $2,255,520 $0 $0
2019 $46,176 $2,204,810 $1,039,720 $1,165,090
2018 $22,157 $1,039,720 $1,039,720 $0
2017 $30,234 $1,450,984 $0 $0
2016 $7,651 $374,771 $0 $0
2015 $7,734 $372,166 $0 $0
2014 $7,819 $369,213 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10090444

MIAMI REALTORS® MLS

APN: 01-3219-008-2140

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