NOT LISTED FOR SALE

Estimated Value: $6,281,000 - $27,331,670

9 Beds
10.5 Baths
12,750 Sq Ft
$1,318/Sq Ft Est. Value

Sale Details

Date Sold: September 28, 2018

Last sale price $21,750,000 $1,706 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $111,838 / mo

665 Days on Market

Highlights

  • 105 Feet of Waterfront
  • Built in 2016 | Newly Remodeled
  • River View
  • North Beach Elementary School Rated A-
  • In Ground Pool
  • 5-minute walk to Pinetree Park

About This Home

As of September 2018

This 9 bed, 10.5 bath limestone estate is the latest edition to Pine Tree Drive. Designed with elegance by Cesar Molina, furnishings include Holly Hunt & Christian Liagre, carefully selected wall treatments, millwork & exquisite textiles by Holly Hunt. The residence embodies a refreshing emphasis on the value of meditation with Curmaru wood overhangs and mahogany windows & doors. The tropical modern design blends interiors and exteriors with an expansive courtyard in addition to a two level gazebo with a full kitchen, bathroom, outdoor shower & fireplace.

Last Agent to Sell the Property

Eloy Carmenate

Ocean Drive Realty Inc License #3008688 Listed on: 12/01/2016

Co-Listed By

Mick Duchon

The Corcoran Group License #3225793

Last Buyer's Agent

Orli Rudolph

Coldwell Banker Realty License #0708335

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116,730

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 43,000 Sq Ft Lot
  • 105 Feet of Waterfront
  • River Front
  • East Facing Home
  • Property is zoned RS-1

Parking

  • 4 Car Attached Garage
  • Driveway

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 12,750 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Built-In Features
  • Fireplace
  • Wood Flooring
  • River Views

Kitchen

  • Oven
  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Built-In Barbecue

Schools

  • North Beach Elementary School
  • Miami Beach Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Indian Beach Corp Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0232230020260

Home Details

Home Type

Single Family

Est. Annual Taxes

$116,730

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0.99 Acres

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2016
  • Entry Level: 1
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Garden Tub/Roman Tub, Custom Mirrors, Main Level Primary, Upper Level Primary, Walk-In Closet(s)
  • Appliances: Dryer, Ice Maker, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 10
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 12750.0
  • Stories: 2

Exterior Features

  • Exterior Features: Built-in Barbecue, Barbecue, Outdoor Shower
  • View: River
  • Road Frontage Type: Waterfront
  • Lot Features: 1-2 Acres
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Property Condition: New Construction
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Covered, Driveway, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: No Pet Restrictions, Yes

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Miami Beach Nautilus

Lot Info

  • Parcel #: 0232230020260
  • Lot Size Acres: 0.99
  • Mobile Dim Units: Feet
  • Zoning: RS-1

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 116730.0

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

Listed on
Dec 1, 2016
Closed on
Sep 28, 2018
Sold by
Lerner Michael
Bought by
Seller's Agent
Eloy Carmenate
Ocean Drive Realty Inc
Buyer's Agent
Orli Rudolph
Coldwell Banker Realty
List Price
$29,500,000
Sold Price
$21,750,000
Premium/Discount to List
-$7,750,000
-26.27%
Current Estimated Value
$15,221,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,528,281
Avg. Annual Appreciation
-3.19%
Original Mortgage
$16,312,500
Outstanding Balance
$9,248,893
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$7,557,442

Purchase Details

Closed on
Apr 1, 2013
Sold by
Kestenor Properties Llc
Bought by
Lerner Michael

Purchase Details

Closed on
Jul 29, 2006
Sold by
Gerszberg Seth
Bought by
Kestenor Properties Llc

Purchase Details

Closed on
Jul 20, 2004
Sold by
Pinetree Pioneer Holdings Llc
Bought by
Gerszberg Seth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,850,000
Interest Rate
6.24%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 13, 2004
Sold by
Duker Sharon and Duker Sharon M
Bought by
Pinetree Pioneer Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Interest Rate
6.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 1998
Sold by
Eldeb Inc
Bought by
Rosenbaum Elanna

Purchase Details

Closed on
Aug 12, 1998
Sold by
Wamoco Inc
Bought by
Eldeb Inc

Purchase Details

Closed on
Aug 9, 1996
Sold by
Wamoco Inc
Bought by
Duker Sharon
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$21,750,001 Attorney
Lerner Michael $4,950,000 Attorney
Kestenor Properties Llc $12,100,000 Attorney
Gerszberg Seth $9,000,000 --
Pinetree Pioneer Holdings Llc $5,350,000 --
Rosenbaum Elanna $285,000 --
Eldeb Inc $402,000 --
Duker Sharon $2,400,000 --
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
Open $16,312,500
Previous Owner Lerner Michael $7,040,000
Previous Owner Lerner Michael $7,000,000
Previous Owner Gerszberg Seth $5,850,000
Previous Owner Pinetree Pioneer Holdings Llc $4,800,000
Previous Owner Rosenbaum Gary $1,000,000
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
09/28/2018 09/28/18 Sold $21,750,000 -26.3% $1,706 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
12/01/2016 12/01/16 For Sale $29,500,000 -- $2,314 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $334,214 $18,343,769
2024 $321,309 $17,826,793
2023 $321,309 $17,044,592 $0 $0
2022 $310,153 $16,548,148 $0 $0
2021 $309,417 $16,066,164 $6,235,000 $9,831,164
2020 $312,206 $16,167,481 $6,235,000 $9,932,481
2019 $335,274 $17,342,100 $7,310,000 $10,032,100
2018 $318,121 $17,119,220 $6,987,500 $10,131,720
2017 $121,968 $6,066,698 $0 $0
2016 $117,909 $5,515,180 $0 $0
2015 $103,721 $5,013,800 $0 $0
2014 $92,606 $4,558,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A10177906

BeachesMLS (Greater Fort Lauderdale)

APN: 02-3223-002-0260

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