NOT LISTED FOR SALE

Estimated Value: $8,680,000 - $17,729,581

7 Beds
9 Baths
10,413 Sq Ft
$1,268/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $11,300,000 $1,085 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $89,352/month

317 Days on Market

Highlights

  • 114 Feet of Waterfront
  • Boat Lift
  • Lake View
  • Morningside K-8 Academy Rated 9+
  • Sitting Area In Primary Bedroom
  • Deck

About This Home

As of November 2020

Bay Point Masterpiece: A one-of-a-kind exceptional home, beautifully crafted with exquisite finishes, this Bay Point estate is a modern work of art. The estate features a gorgeous design suited for Miami's indoor-outdoor living, including 7,341 SF of living space, 7 bd, 8.5 ba, 3 car garage + 2 carport spaces with circular driveway, modern kitchen, and stunning custom bar with wine cellar. Fire up the best Gaggenau appliances in the kitchen, and quickly tidy up using innovative hideaway cabinet features by Valcucine. Whether you're enjoying the 74ft infinity lap pool or entertainment areas, you'll spend just as much time outdoors as you do indoors. Located in the most desirable private neighborhood in Miami just mins away from Miami Beach, Downtown, the Design District, & the Miami Airport

Last Agent to Sell the Property

Betsy Magde

Compass Florida, LLC License #3277119 Listed on: 01/08/2020

Compass Florida, LLC

Co-Listed By

Marissa Kartheiser

MMLS Assoc.-Inactive Member License #3257166

Last Buyer's Agent

Eddy Martinez

One Sotheby's International Realty License #0678035

One Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019

Lot Details

  • 0.5

HOA Fees

  • $319 per month

Parking

  • Attached Garage

Property Views

  • Lake
  • Pool

Home Design

  • Property Attached

Interior Spaces

  • 10,413 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Entrance Foyer
  • High Impact Door
  • Cooking Island

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Unrestricted saltwater access
  • Boat Lift
  • Deck
  • Exterior Lighting
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • 114 Feet of Waterfront

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-1730

Property Details

Home Type

Multi-Family

Year Built

Built in 2019

Lot Details

0

HOA Fees

$319 per month

Parking

3

Listing Details

  • Blogging: Yes
  • Internet Remarks: All art, accessories and furniture can be sold separately for an additional cost.
  • Municipal Code: 1
  • Property Type: Single Family
  • Restrictions: Ok To Lease
  • Section: 19
  • Year Built: 2019
  • Property Sq Ft: 21712
  • Year Built Description: New Construction
  • Zoning Information: 0100
  • ADA Compliant: Elevator
  • Flood Zone: AE
  • Furnished Info Sold: Unfurnished
  • Intended Use: Unknown/Withheld
  • Lp Amt Sq Ft: 1757.2538
  • Ratio Close Price By List Price: 0.87597
  • Style: Wf/Pool/Ocean Access
  • Website: https://www.youtube.com/watch?v=FRuHgBdql50&t=45s
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Front Exposure: North
  • Bedroom Description: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Primary Bathroom Description: 2 Master Bathrooms, Bidet, Dual Sinks, Separate Tub & Shower
  • Interior Amenities: First Floor Entry, Bar, Built-Ins, Cooking Island, Elevator, Foyer Entry, Split Bedroom, Volume Ceilings, Walk-In Closets, Wet Bar
  • Windows Treatments: High Impact Windows
  • Design: Attached
  • Adjusted Area Sq Ft: 8158
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 9.00
  • Total Bedrooms: 7
  • Design Description: Two Story
  • Appliances: Automatic Garage Door Opener, Dishwasher, Dryer, Electric Water Heater, Elevator, Icemaker, Microwave, Natural Gas, Electric Range, Refrigerator, Smoke Detector, Wall Oven, Washer
  • Furnished Info: Unfurnished
  • Pool: Yes
  • Spa Yn: Yes
  • Sq Ft Liv Area: 7169
  • Total Sq Ft: 10413

Exterior Features

  • View: Lake, Pool Area View, Water View
  • Pool: Below Ground Pool, Heated
  • Water Access: Boatlift, Private Dock, Unrestricted Salt Water Access
  • Waterfront Description: Bay Front
  • Waterfront Frontage: 114
  • Construction Type: Concrete Block Construction
  • Roof Description: Flat Roof With Facade Front
  • Waterfront Property: Yes
  • Exterior Features: Built-In Grill, Deck, High Impact Doors, Exterior Lighting

Garage/Parking

  • Garage Description: Attached
  • Parking Description: Circular Drive, Covered Parking, Driveway, Guest Parking
  • Garage Spaces: 3

Utilities

  • Sewer Description: Municipal Sewer
  • Cooling Description: Central Cooling
  • Heating Description: Central Heat
  • Water Description: Municipal Water

Condo/Co-op/Association

  • Floor Description: Marble Floors, Wood Floors
  • Subdivision Complex Bldg: BAY POINT
  • Housing Older Persons Act: No Hopa
  • Association Fee: 3830
  • Subdivision Information: Gated Community, Maintained Community, Private Roads, Security Patrol, Street Lights, Underground Utilities
  • Association Fee Paid Per: Yearly
  • Type of Association: Homeowners

Lot Info

  • Lot Description: 1/2 To Less Than 3/4 Acre Lot
  • Parcel Number: 01-32-19-008-1730
  • Lot Sq Footage: 21712
  • Parcel Number Mlx: 1730

Rental Info

  • Pet Restriction: Dog Ok
  • Pets Allowed: Yes

Tax Info

  • Tax Information: Tax Reflects City & County Tax
  • Tax Amount: 28103
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2020
Closed on
Nov 24, 2020
Sold by
Walbridge John and Walbridge Cassandra
Bought by
Rothenberg Stuart and Rothenberg Pamela
Seller's Agent
Betsy Magde
Compass Florida, LLC
Buyer's Agent
Eddy Martinez
One Sotheby's International Realty
List Price
$14,900,000
Sold Price
$11,300,000
Premium/Discount to List
-$3,600,000
-24.16%
Current Estimated Value
$13,204,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,904,791
Avg. Annual Appreciation
3.06%

Purchase Details

Closed on
Jun 19, 2007
Sold by
Prinetto Vittorio
Bought by
Walbridge John and Walbridge Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2006
Sold by
Alterman Geraldine
Bought by
Prinetto Vittorio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
7.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rothenberg Stuart $11,300,000 Summerland Title Llc
Rothenberg Stuart $11,300,000 Summerland Title
Walbridge John $3,700,000 Attorney
Prinetto Vittorio $3,200,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walbridge John $2,250,000
Previous Owner Prinetto Vittorio $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $11,300,000 -12.4% $1,085 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
05/19/2020 05/19/20 Price Changed $12,900,000 -13.4% $1,239 / Sq Ft
01/08/2020 01/08/20 For Sale $14,900,000 -- $1,431 / 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 $244,744 $12,341,942 -- --
2024 $213,076 $11,219,948 -- --
2023 $213,076 $10,199,953 $0 $0
2022 $191,625 $9,272,685 $0 $0
2021 $179,483 $8,429,714 $3,875,592 $4,554,122
2020 $126,587 $5,967,390 $0 $0
2019 $28,103 $1,340,362 $0 $0
2018 $27,075 $1,316,459 $0 $0
2017 $26,810 $1,289,382 $0 $0
2016 $27,035 $1,262,862 $0 $0
2015 $30,657 $1,403,124 $0 $0
2014 $31,014 $1,391,989 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10796643

MIAMI REALTORS® MLS

APN: 01-3219-008-1730