NOT LISTED FOR SALE

Estimated Value: $2,547,000 - $5,586,000

4 Beds
4.5 Baths
3,343 Sq Ft
$1,144/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $3,000,000 $897 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $23,345/month

Highlights

  • In Ground Pool
  • Gated Community
  • No HOA
  • Morningside K-8 Academy Rated 9+
  • Furnished
  • Formal Dining Room

About This Home

As of July 2022

Located in Bay Point, the most exclusive, secured and gated community in Miami, this newly renovated & furnished 4-bedroom home is an entertainer's delight. Features include a perfectly delegated open floor plan, a modern Chef’s kitchen equipped with Pedini cabinetry & Miele appliances, 10-person dining table, formal living and lounge areas, custom designed family room, private bedrooms and a separate office space. The design of this dream home is inspired in the New Miami, taking the best of Mid Century Modern and Scandinavian styles - timeless and elegant with the warmth of neutral tones. Rich wood tones balance the divine of nature with sleek modern finishes throughout. Sits on a 14,000sf lot with abundant outdoor space, a summer kitchen with covered patio and an oversized pool.

Last Agent to Rent the Property

Alejandro De Cesare

Douglas Elliman License #3469324 Listed on: 06/02/2022

Douglas Elliman

Last Renter's Agent

Thomas Pichet

Globalty Investment LLC License #3274226

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 0.32 Acre Lot
  • Property is zoned 0100

Parking

  • 4 Car Garage
  • Circular Driveway
  • Open Parking

Interior Spaces

  • 3,343 Sq Ft Home
  • Furnished
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • In Ground Pool

Listing and Financial Details

  • Property Available on 6/1/22
  • 12 Months Lease Term
  • Assessor Parcel Number 01-32-19-008-0180

Community Details

Overview

  • No Home Owners Association
  • Bay Point Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

4

Rental Info

  • Pets Allowed: No
  • Available Date: 2022-06-01
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1961
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: BAY POINT
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Furnished: Furnished
  • Living Area: 3343
  • Dining Room Features: Eat-In Kitchen, Formal Dining

Exterior Features

  • View: None
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAY POINT
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community

Lot Info

  • Parcel Number: 01-32-19-008-0180
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 13937
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
May 20, 2022
Sold by
Red And White Developments Corp
Bought by
Allen Mark F
Seller's Agent
Alejandro De Cesare
Douglas Elliman
Buyer's Agent
Thomas Pichet
Globalty Investment LLC
Sold Price
$25,000
Current Estimated Value
$3,766,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,741,565
Avg. Annual Appreciation
6.77%
Original Mortgage
$1,800,000
Outstanding Balance
$1,685,342
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$2,137,960

Purchase Details

Listed on
Jun 4, 2016
Closed on
Apr 2, 2020
Sold by
Brandariz Jose M and Brandariz Marcela
Bought by
Red & White Developments Corp
Seller's Agent
Daniel Glynn
One Sotheby's International Realty
Buyer's Agent
Francis Jacob
Renters Paradise Realty
List Price
$1,489,000
Sold Price
$1,210,000
Premium/Discount to List
-$279,000
-18.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.16%
Original Mortgage
$450,000
Interest Rate
3.4%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 3, 1994
Sold by
Merryman Teresa
Bought by
Brandariz Jose M and Brandariz Marcela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.04%
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
Allen Mark F $3,000,000 Florida Title Professionals
Red & White Developments Corp $1,210,000 Attorney
Brandariz Jose M $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Mark F $1,800,000
Previous Owner Red & White Developments Corp $450,000
Previous Owner Brandariz Jose M $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2022 07/12/22 Rented $25,000 -15.3% --
06/28/2022 06/28/22 Under Contract -- -- --
06/17/2022 06/17/22 Price Changed $29,500 -22.4% $9 / Sq Ft
06/02/2022 06/02/22 For Rent $38,000 0.0% --
05/20/2022 05/20/22 Sold $3,000,000 -7.7% $897 / Sq Ft View Prior Sale
05/10/2022 05/10/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $3,250,000 +168.6% $972 / Sq Ft
04/03/2020 04/03/20 Sold $1,210,000 -5.1% $334 / Sq Ft View Prior Sale
10/15/2019 10/15/19 Price Changed $1,275,000 -10.5% $352 / Sq Ft
11/30/2017 11/30/17 Price Changed $1,425,000 -3.4% $394 / Sq Ft
10/26/2017 10/26/17 Price Changed $1,475,000 -0.9% $408 / Sq Ft
08/08/2017 08/08/17 For Sale $1,489,000 0.0% $411 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
02/25/2017 02/25/17 Price Changed $1,489,000 -6.3% $411 / Sq Ft
12/16/2016 12/16/16 Price Changed $1,589,000 -9.2% $439 / Sq Ft
10/06/2016 10/06/16 Price Changed $1,750,000 -2.8% $484 / Sq Ft
08/19/2016 08/19/16 Price Changed $1,800,000 -10.0% $497 / Sq Ft
06/03/2016 06/03/16 For Sale $2,000,000 -- $553 / 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 $45,209 $2,461,486 -- --
2024 $46,504 $2,237,715 $1,540,038 $697,677
2023 $46,504 $2,243,783 $1,540,038 $703,745
2022 $24,625 $1,111,059 $0 $0
2021 $21,840 $1,010,054 $745,630 $264,424
2020 $28,314 $1,311,549 $995,102 $316,447
2019 $27,329 $1,266,905 $947,716 $319,189
2018 $25,211 $1,269,647 $947,716 $321,931
2017 $25,423 $1,041,488 $0 $0
2016 $24,877 $946,808 $0 $0
2015 $22,691 $860,735 $0 $0
2014 $18,847 $782,487 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11215763

MIAMI REALTORS® MLS

APN: 01-3219-008-0180