NOT LISTED FOR SALE

Estimated Value: $4,135,872 - $5,753,000

5 Beds
5 Baths
2,926 Sq Ft
$1,673/Sq Ft Est. Value

Last Sold March 27, 2017

Last sale price $2,000,000 $684 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $30,608/month

36 Days on Market

Highlights

  • Guest House
  • Newly Remodeled
  • Two Primary Bathrooms
  • Bar or Lounge
  • Concrete Pool
  • 4-minute walk to Albert Pallot Park

About This Home

As of March 2017

In Exclusive Bay Point Gated Community steps from Design District & South Beach, Mid-Century FULLY renovated gem: Unique property with over 16,000 sqft of a lot & about 3,600 sqft of living space including a 700 sqft stunning outdoor covered patio by the pool. NEW Flooring, New Kitchen, New Bathrooms, New windows, New Roof, with manicured garden and exterior entertainment area,5 bedroom 5 baths including maid's quarters.
Best property deal available in Bay Point!Easy to show, just text listing agent.

Last Agent to Sell the Property

Maud Arnold

Luxe Living Realty License #3245166 Listed on: 12/12/2016

Luxe Living Realty

Last Buyer's Agent

Melissa Arnold

Coldwell Banker Realty License #3117751

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,910

Year Built

  • Built in 1953 | Newly Remodeled

Lot Details

  • 0.38 Acre Lot
  • North Facing Home

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Substantially Remodeled
  • Concrete Roof
  • Brick Front

Interior Spaces

  • 2,926 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Windows
  • Open Floorplan
  • Sun or Florida Room
  • Storage Room
  • Laundry in Utility Room

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • 5 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Additional Features

  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-0400

Community Details

Overview

  • Bay Point Subdivision

Amenities

  • Bar or Lounge

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,910

Year Built

Built in 1953 | Newly Remodeled

Lot Details

0

HOA Fees

$8 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: ACCESS THRU GUARD GATE OFF BISCAYNE BLVD
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Bay Point
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Bottled Gas, Dishwasher, Disposal, Ice Maker, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven
  • Interior Amenities: First Floor Entry, Bar, Closet Cabinetry, Cooking Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Florida Room, Maid/In-Law Quarters, Storage, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Terrazzo, Wood
  • Furnished: Partially, Unfurnished, Furniture Negotiable
  • Living Area: 2926
  • Possible Use: Unknown/Withheld
  • Window Features: High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level, Other
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Kitchen Dining
  • Living Room Features: Florida Room, Guest House, Maid/In-Law Quarters, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Primary Bathrooms, Combination Tub & Shower, Dual Sinks

Exterior Features

  • Roof: Concrete
  • View: Garden, Pool
  • Exterior Features: Barbeque, Built-In Grill, Fruit Trees, Lighting
  • Construction Type: Brick
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Guest House
  • Pool Features: In Ground, Concrete, Equipment Stays
  • Pool Private: No
  • Property Condition: Substantially Remodeled, New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Bay Point
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Bar
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-19-008-0400
  • Lot Size Sq Ft: 16380
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 9910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2016
Closed on
Mar 29, 2017
Sold by
Francois Nehama
Bought by
Myers Charles and Myers Roger
Seller's Agent
Maud Arnold
Luxe Living Realty
Buyer's Agent
Melissa Arnold
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$2,000,000
Premium/Discount to List
$5,000
0.25%
Current Estimated Value
$4,896,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,896,218
Avg. Annual Appreciation
11.19%

Purchase Details

Closed on
Jan 29, 2002
Sold by
Eduardo M Martinez I
Bought by
Nehama Francois

Purchase Details

Closed on
Dec 12, 1997
Sold by
Keffer George I
Bought by
Martinez Eduardo M and Martinez Gladys M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Myers Charles $2,000,000 Pinnacle Title Group Llc
Nehama Francois $430,000 --
Martinez Eduardo M $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Charles $510,000
Closed Myers Charles $400,000
Closed Myers Rogers $850,000
Previous Owner Nehama Francois D $500,000
Previous Owner Nehama Francois $344,000
Previous Owner Nehama Francois David $250,000
Previous Owner Nehama Francois $80,000
Previous Owner Martinez Eduardo M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2017 03/27/17 Sold $2,000,000 +0.3% $684 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
12/12/2016 12/12/16 For Sale $1,995,000 0.0% $682 / Sq Ft
11/28/2013 11/28/13 Rented $9,375 -6.3% --
10/29/2013 10/29/13 Under Contract -- -- --
10/22/2013 10/22/13 For Rent $10,000 -- --
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 $49,532 $2,113,641 -- --
2024 $43,748 $1,921,492 -- --
2023 $43,748 $1,746,811 $0 $0
2022 $39,705 $1,831,196 $0 $0
2021 $35,973 $1,664,724 $0 $0
2020 $33,567 $1,619,054 $1,169,532 $449,522
2019 $31,278 $1,447,479 $1,113,840 $333,639
2018 $30,698 $1,447,479 $1,113,840 $333,639
2017 $9,840 $488,321 $0 $0
2016 $9,910 $478,278 $0 $0
2015 $10,019 $474,954 $0 $0
2014 $10,131 $471,185 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10192363

MIAMI REALTORS® MLS

APN: 01-3219-008-0400