NOT LISTED FOR SALE

4530 Prairie Ave Miami Beach, FL 33140

Nautilus Neighborhood

Estimated Value: $4,763,076 - $6,154,000

5 Beds
4 Baths
3,610 Sq Ft
$1,470/Sq Ft Est. Value

Sale Details

Date Sold: February 23, 2024

Last sale price $5,000,000 $1,385 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $35,440 / mo

91 Days on Market

Highlights

  • Property has ocean access
  • Boat Lift
  • Home fronts a canal
  • North Beach Elementary School Rated A-
  • In Ground Pool
  • 3-minute walk to Muss Park

About This Home

As of February 2024

Spacious waterfront haven located in a quiet street in Miami Beach, turn this two story home into a modern masterpiece.

Last Agent to Sell the Property

Menachem Fellig

Compass Florida, LLC License #3291623 Listed on: 09/05/2023

Compass Florida, LLC

Last Buyer's Agent

Michael Benmeleh

Beach City Realty License #3123199

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,881

Year Built

  • Built in 1981

Lot Details

  • 12,143 Sq Ft Lot
  • 64 Ft Wide Lot
  • Home fronts a canal
  • East Facing Home
  • Property is zoned 0100

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 3,610 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Family Room
  • Tile Flooring
  • Canal Views
  • Dryer

Kitchen

  • Electric Range
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Parking

  • Converted Garage
  • Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Fixed Bridges
  • Seawall
  • Boat Lift
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Nautilus Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-22-014-0521

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,881

Year Built

Built in 1981

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boatlift,Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: NAUTILUS ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Cooking Island, Walk-In Closet(s), Family Room, Garage Converted, Other
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 3610
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs
  • Living Room Features: Family Room, Garage Converted, Other

Exterior Features

  • Roof: Barrel Roof
  • View: Canal, Water
  • Construction Type: Other
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Fixed Bridge(S), Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: NAUTILUS ADDN
  • Open Parking: Yes
  • Parking Features: Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road, Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-22-014-0521
  • Lot Size Sq Ft: 12143
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9881

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Farah Michael
Bought by
Farah Michael and Farah Tanya
Current Estimated Value
$5,306,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,977,000
Outstanding Balance
$3,933,338
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$1,373,181

Purchase Details

Listed on
Sep 5, 2023
Closed on
Feb 13, 2024
Sold by
Shapiro Robert and Shapiro Roberta
Bought by
Farah Michael
Seller's Agent
Menachem Fellig
Compass Florida, LLC
Buyer's Agent
Michael Benmeleh
Beach City Realty
List Price
$5,399,000
Sold Price
$5,000,000
Premium/Discount to List
-$399,000
-7.39%
Views
103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$3,750,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Farah Michael -- Certified Title
Farah Michael -- Certified Title
Farah Michael $5,000,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farah Michael $3,977,000
Closed Farah Michael $3,977,000
Previous Owner Farah Michael $3,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $5,000,000 -7.4% $1,385 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $5,399,000 -- $1,496 / 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 $89,994 $4,397,675 $4,128,586 $269,089
2024 $10,260 $4,789,155 $4,128,829 $660,326
2023 $10,260 $584,094 $0 $0
2022 $9,880 $567,082 $0 $0
2021 $9,840 $550,566 $0 $0
2020 $9,722 $542,965 $0 $0
2019 $9,495 $530,758 $0 $0
2018 $9,023 $520,862 $0 $0
2017 $8,937 $510,149 $0 $0
2016 $8,917 $499,657 $0 $0
2015 $9,030 $496,184 $0 $0
2014 $9,185 $492,247 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Menachem Fellig

    Seller's Agent in 2024

    Menachem Fellig

    Compass Florida, LLC

    (305) 632-8803

    29 in this area

    146 Total Sales

    Menachem Fellig
    Section Image
  • Michael Benmeleh

    Buyer's Agent in 2024

    Michael Benmeleh

    Beach City Realty

    (305) 978-5988

    1 in this area

    46 Total Sales

    Michael Benmeleh
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11443613

MIAMI REALTORS® MLS

APN: 02-3222-014-0521

Florida Miami/Dade County Miami Beach 33140 Nautilus

4530 Prairie Ave, Miami Beach, FL

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MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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