NOT LISTED FOR SALE

5050 SW 86th St Miami, FL 33143

South Miami-Kendall Neighborhood

Estimated Value: $6,413,000 - $8,608,000

7 Beds
7.5 Baths
7,030 Sq Ft
$1,091/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $4,000,000 $569 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $46,817/month

4 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Maid or Guest Quarters
  • Sunset Elementary School Rated A
  • 38,289 Sq Ft lot
  • Marble Flooring

About This Home

As of September 2020

Amazing opportunity to own a Classic Estate tucked away down a beautiful hidden road in Ponce Davis. This home is an architectural masterpiece surrounded by mature oaks on almost an acre lot. Privacy wall and gate lead you to a grand foyer entrance with an elegant staircase. Marble floors and high ceilings throughout. Home is in impeccable condition with top of the line finishes. New kitchen done with no expense spared, oak cabinets, Taj Mahal Stone, Wolf and Subzero appliances, Butler's Pantry. Newly renovated salt water pool and jacuzzi. 7 spacious bedrooms & 7.5 baths, two covered terraces, Mohagony office, Guest Suite & Maids Qtrs. Upstairs Grand Master with Private Office. Master bath completely remodeled equipped with steam shower. 2017 Roof and Cat 6/ Cisco Systems.

Last Agent to Sell the Property

Alejandro Salazar

Douglas Elliman License #3264178 Listed on: 09/04/2020

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,824

Year Built

  • Built in 2000 | Newly Remodeled

Lot Details

  • 0.88 Acre Lot
  • North Facing Home
  • Property is zoned 2300

Parking

  • 3 Car Garage
  • Driveway
  • Guest Parking
  • Open Parking

Home Design

  • Flat Tile Roof

Interior Spaces

  • 7,030 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Entrance Foyer
  • Den
  • Marble Flooring
  • High Impact Door
  • Property Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • A E Kingsley Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-41-31-016-0520

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,824

Year Built

Built in 2000 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: A E KINGSLEY SUB
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Den/Library/Office, Maid/In-Law Quarters
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 7030
  • Other Equipment: Central Vacuum
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters

Exterior Features

  • Roof: Flat Tile
  • View: Other
  • Exterior Features: Fruit Trees
  • Direction Faces: North
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: A E KINGSLEY SUB
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Guest

Utilities

  • Sewer: Septic Tank
  • 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 Subdivision - See Remarks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-41-31-016-0520
  • Lot Size Sq Ft: 38289
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 50824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Sep 30, 2020
Sold by
Messianu Luis Miguei and Messianu Liz C
Bought by
Bustamante Daniel and Bustamante Carolina
Seller's Agent
Alejandro Salazar
Douglas Elliman
List Price
$4,200,000
Sold Price
$4,000,000
Premium/Discount to List
-$200,000
-4.76%
Current Estimated Value
$7,670,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,670,136
Avg. Annual Appreciation
13.95%

Purchase Details

Listed on
Dec 18, 2017
Closed on
Aug 1, 2018
Sold by
Turnes Jose Luis
Bought by
Messianu Luis Miguel and Messianu Liz C
Seller's Agent
Rose Harris
One Sotheby's International Realty
Buyer's Agent
Oscar Arellano
BHHS EWM Realty
List Price
$4,250,000
Sold Price
$3,400,000
Premium/Discount to List
-$850,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
May 26, 2005
Sold by
Turnes Jose Luis
Bought by
Camacaro International Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 15, 2005
Sold by
Turnes Jose Luis and Turnes Hilda E
Bought by
Turnes Jose Luis

Purchase Details

Closed on
Dec 17, 2001
Sold by
Matthew C Hudson M and Matthew Pamela M
Bought by
Turnes Jose L and Turnes Hilda J

Purchase Details

Closed on
Jun 9, 2000
Sold by
Shear Construction & Dev Inc
Bought by
Hudson Matthew C and Hudson Pamela M

Purchase Details

Closed on
Sep 17, 1999
Sold by
Shear Construction & Dev Inc
Bought by
Rosen Clifford and Rosen Dorian

Purchase Details

Closed on
Oct 26, 1998
Sold by
Violet Anderson Hayden Tr
Bought by
Shear Construction & Development In
Source: Public Records

Range of Values:

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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
Bustamante Daniel $4,000,000 Attorney
Messianu Luis Miguel $3,400,000 Attorney
Camacaro International Inc $2,950,000 Governors Title Services Inc
Turnes Jose Luis -- --
Turnes Jose L $2,400,000 --
Hudson Matthew C $1,200,000 --
Rosen Clifford $450,000 --
Shear Construction & Development In $463,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turnes Jose Luis $2,300,000
Previous Owner Turnes Jose Luis $1,300,000
Previous Owner Turnes Jose Luis $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $4,000,000 -4.8% $569 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $4,200,000 +23.5% $597 / Sq Ft
08/02/2018 08/02/18 Sold $3,400,000 -13.9% $484 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
05/24/2018 05/24/18 Price Changed $3,950,000 -7.1% $562 / Sq Ft
12/18/2017 12/18/17 For Sale $4,250,000 -- $605 / 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 $60,289 $3,461,355 -- --
2024 $58,350 $3,363,805 -- --
2023 $58,350 $3,265,831 $0 $0
2022 $55,856 $3,170,710 $0 $0
2021 $55,971 $3,078,360 $1,575,592 $1,502,768
2020 $51,453 $2,790,873 $1,313,313 $1,477,560
2019 $50,824 $2,747,847 $1,252,050 $1,495,797
2018 $53,346 $2,969,017 $1,454,982 $1,514,035
2017 $55,938 $3,063,833 $0 $0
2016 $54,193 $2,883,354 $0 $0
2015 $50,199 $2,621,231 $0 $0
2014 -- $2,472,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alejandro Salazar

    Seller's Agent in 2020

    Alejandro Salazar

    Douglas Elliman

    (786) 230-1040

    4 in this area

    67 Total Sales

    Alejandro Salazar
    Section Image
  • Rose Harris

    Seller's Agent in 2018

    Rose Harris

    One Sotheby's International Realty

    (305) 804-7673

    5 in this area

    36 Total Sales

    Rose Harris
    Section Image
  • Oscar Arellano

    Buyer's Agent in 2018

    Oscar Arellano

    BHHS EWM Realty

    (305) 877-1781

    3 in this area

    211 Total Sales

    Oscar Arellano
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10919649

MIAMI REALTORS® MLS

APN: 30-4131-016-0520

Florida Miami/Dade County Miami 33143 South Miami-Kendall

5050 SW 86th St, Miami, FL

This home is located at 5050 SW 86th St, Miami, FL 33143 since 04 September 2020 and is currently estimated at $7,670,136, approximately $1,091 per square foot. This property was built in 2000. 5050 SW 86th St is a home located in Miami-Dade County with nearby schools including Sunset Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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