NOT LISTED FOR SALE

Estimated Value: $4,479,000 - $21,002,768

6 Beds
9 Baths
16,000 Sq Ft
$796/Sq Ft Est. Value

Last Sold February 15, 2017

Last sale price $22,575,000 $1,411 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $99,961/month

Highlights

  • Ocean View
  • Property has ocean access
  • Newly Remodeled
  • North Beach Elementary School Rated A-
  • Private Dock
  • 4-minute walk to Pinetree Park

About This Home

As of February 2017

This architecturally distinct home located in one of the most exclusive neighborhoods in Miami Beach was conceived as a self-contained, multi-layered landscape of experiences which takes advantage of both Miami's tropical climate as well the Ocean and Miami Beach views. Elements of the home include stunning views of the Atlantic Ocean from the master bedroom, a waterslide concealed by an elegant glass staircase, a pool with open views and a boat dock that will be built to suit the buyers preferences.

Last Agent to Sell the Property

Eloy Carmenate

The Corcoran Group License #3008688 Listed on: 01/26/2017

The Corcoran Group

Co-Listed By

Mick Duchon

The Corcoran Group License #3225793

Last Buyer's Agent

Oren Alexander

Douglas Elliman License #3296414

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $105,521

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 100x384
  • Home fronts a canal
  • East Facing Home
  • Property is zoned RS-1

Parking

  • 4 Car Attached Garage
  • 2 Attached Carport Spaces
  • Driveway
  • Paver Block
  • Open Parking

Property Views

  • Ocean
  • Canal

Home Design

  • Split Level Home
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 16,000 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Blinds
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Outdoor Features

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

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Pine Tree Drive Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-23-002-0275

Home Details

Home Type

Single Family

Est. Annual Taxes

$105,521

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Split Level
  • Carport Y N: Yes
  • Co List Office Mls Id: DEOM15
  • Co List Office Phone: 305-696-6075
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • Lot Size: 100x384
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Pine Tree Drive
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Cooking Island, Pantry, Walk-In Closet(s), Den/Library/Office, Family Room, Great Room, Other
  • Spa Yn: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Marble, Wood
  • Furnished: Furnished
  • Living Area: 16000
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bedroom Upstairs, Other
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Other
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: Canal, Ocean
  • Exterior Features: Barbeque, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Pine Tree Drive
  • Carport Spaces: 2
  • Covered Parking Spaces: 6
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway, Paver Block

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-23-002-0275
  • Lot Size Sq Ft: 38482
  • Zoning: RS-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 105521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2017
Sold by
Miami 305 Llc
Bought by
Schottenstein Joseph and Schottenstein Lindsay
Total Days on Market
0
Current Estimated Value
$12,740,884

Purchase Details

Listed on
Jan 26, 2017
Closed on
Feb 15, 2017
Sold by
Baw Realty Llc
Bought by
Miami 305 Llc
Seller's Agent
Eloy Carmenate
The Corcoran Group
Buyer's Agent
Oren Alexander
Douglas Elliman
List Price
$34,000,000
Sold Price
$22,575,000
Premium/Discount to List
-$11,425,000
-33.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.13%

Purchase Details

Closed on
Dec 13, 2013
Sold by
Kestenor Properties Llc
Bought by
Baw Realty Llc
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 Buyer Sale Price Title Company
Schottenstein Joseph -- Attorney
Miami 305 Llc $22,527,000 Attorney
Baw Realty Llc $11,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schottenstein Joseph A $4,050,000
Open Schottenstein Joseph A $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2017 02/15/17 Sold $22,575,000 -33.6% $1,411 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $34,000,000 -- $2,125 / 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
2024 $341,292 $18,645,138 -- --
2023 $341,292 $18,102,076 $0 $0
2022 $329,444 $17,574,832 $0 $0
2021 $328,663 $17,062,944 $5,579,890 $11,483,054
2020 $331,857 $17,182,527 $5,579,890 $11,602,637
2019 $353,142 $18,264,157 $6,541,940 $11,722,217
2018 $339,462 $18,093,501 $6,253,325 $11,840,176
2017 $336,872 $17,387,407 $0 $0
2016 $105,521 $4,935,701 $0 $0
2015 $92,823 $4,487,001 $0 $0
2014 $82,876 $4,079,092 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10214637

MIAMI REALTORS® MLS

APN: 02-3223-002-0275