NOT LISTED FOR SALE

Estimated Value: $6,507,000 - $23,567,666

6 Beds
8 Baths
7,070 Sq Ft
$2,127/Sq Ft Est. Value

Last Sold April 09, 2013

Last sale price $7,625,000 $1,079 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $109,218/month

90 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Guest House
  • North Beach Elementary School Rated A-
  • Private Dock
  • 1 Bedroom Guest House

About This Home

As of April 2013

A Sportsman & Entertainer's Paradise. This sprawling gated 7000+ sq ft estate on a coveted 1.5 acres(61,853 SF Waterfront lot) on prestigious Pinetree Drive. Enjoy 143 ft of water frontage w/dockage & no fixed bridges to the Inlet. Originally part of the Kresge estate, consisting of main house, 1/1 guest quarters, art studio, manicured lawns, lighted tennis court, pool & cabana, putting green, kids playground, storage, generator, A/C garage. Covered terrace overlook pool & grounds.

Last Agent to Sell the Property

Nancy Batchelor

Compass Florida, LLC. License #0416207 Listed on: 12/10/2012

Compass Florida, LLC.

Last Buyer's Agent

Nancy Batchelor

Compass Florida, LLC. License #0416207 Listed on: 12/10/2012

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1936

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 143x431
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Property is zoned 22/EST 2

Parking

  • 2 Car Garage
  • Attached Carport
  • Circular Driveway
  • Open Parking

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Mediterranean Architecture
  • Studio
  • Barrel Roof Shape
  • Pre-Cast Concrete Construction

Interior Spaces

  • 7,070 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Awning
  • Arched Windows
  • Picture Window
  • Sliding Windows
  • French Doors
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Workshop
  • Sun or Florida Room
  • Dryer

Kitchen

  • Electric Range
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • In-Law or Guest Suite

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Width is 121 Feet or More
  • Boat Lift
  • Private Dock
  • Tennis Courts
  • Deck
  • Patio
  • Outdoor Grill

Additional Homes

  • Guest House
  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Includes Living Room
  • Guest House Includes Kitchen

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Kresge Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-23-011-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,800

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1936
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Mediterranean
  • Carport Y N: Yes
  • Directions: ONE OF THE MOST PRESTIGIOUS AVAILABLE WATERFRONTS ON SPRAWLING 61,853 SQ FT LOT. ORIGINAL DETAILS ABUNDANTLY PRESERVED. GRAND LANAI W/ COVERED PORTICO. CLOSE TO HOUSES OF WORSHIP, A+ SCHOOLS, RESTAURANTS & SOUTH BEACH.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock
  • Lot Size: 143x431
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: KRESGE SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom, Kitchen, Living Room
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Free-Standing Freezer, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Bar, French Doors, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Studio Apartment, Workshop
  • Spa Yn: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 7070
  • Possible Use: Unknown/Withheld
  • Window Features: Arched Windows, Picture Window, Sliding
  • Bedroom Features: Primary Bedroom Upstairs, Primary Bedroom Ground Level, At Least 1 Bedroom Ground Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Guest House, Studio Apartment, Workshop

Exterior Features

  • Roof: Barrel Roof
  • View: Intracoastal View, Ocean
  • Exterior Features: Barbeque, Fruit Trees, Tennis Court(s)
  • Construction Type: Pre-Cast Concrete Construction
  • Direction Faces: East
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Awning(s), Deck, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 121 Feet Or More, Intracoastal Front, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: KRESGE SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway, Covered, Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 02-32-23-011-0030
  • Lot Size Sq Ft: 61853
  • Zoning: 22/EST 2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2012
Closed on
Apr 9, 2013
Sold by
Rosenbloom Maxine
Seller's Agent
Nancy Batchelor
Compass Florida, LLC.
Buyer's Agent
Nancy Batchelor
Compass Florida, LLC.
List Price
$8,900,000
Sold Price
$7,625,000
Premium/Discount to List
-$1,275,000
-14.33%
Current Estimated Value
$15,127,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,502,472
Avg. Annual Appreciation
5.68%
Source: Public Records

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
-- $7,625,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosenbloom Fred M $1,500,000
Previous Owner Rosenbloom Fred M $392,282
Previous Owner Rosenbloom Fred M $500,000
Previous Owner Rosenbloom Fred M $500,000
Previous Owner Rosenbloom Fred M $417,000
Previous Owner Rosenbloom Fred M $250,000
Previous Owner Rosenbloom Fred M $275,000
Previous Owner Rosenbloom Fred M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2013 04/09/13 Sold $7,625,000 -14.3% $1,079 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $8,900,000 -- $1,259 / 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
2025 $308,052 $14,763,742 -- --
2024 $295,510 $13,421,584 -- --
2023 $295,510 $12,201,440 $0 $0
2022 $228,761 $11,092,219 $0 $0
2021 $194,700 $10,083,836 $8,968,685 $1,115,151
2020 $195,445 $10,095,507 $8,968,685 $1,126,822
2019 $225,827 $11,653,506 $10,515,010 $1,138,496
2018 $207,581 $11,201,279 $10,051,112 $1,150,167
2017 $198,351 $9,953,287 $0 $0
2016 $175,172 $8,233,164 $0 $0
2015 $154,457 $7,484,695 $0 $0
2014 $138,244 $6,804,269 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1722930

MIAMI REALTORS® MLS

APN: 02-3223-011-0030