NOT LISTED FOR SALE

5131 SW 87th Ave Miami, FL 33165

Olympia Heights Neighborhood

Estimated Value: $1,937,000 - $2,640,000

5 Beds
3 Baths
4,368 Sq Ft
$509/Sq Ft Est. Value

Sale Details

Date Sold: November 9, 2021

Last sale price $1,975,000 $452 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $14,882 / mo

40 Days on Market

Highlights

  • Lake Front
  • Private Dock
  • Sauna
  • Southwest Miami Senior High School Rated A-
  • Boating
  • RV or Boat Parking

About This Home

As of November 2021

Experience each day with great views of glorious sunrises and sunsets! This peaceful 5 bed 3 bath waterfront property, located on the exclusive Lake Catalina, offers a genuine lake lifestyle. This spring fed lake allows for swimming, motorized boats, jet skis and awesome bass fishing. Entire home was renovated in 2012 offering marble and wood floors throughout, gourmet kitchen, Viking gas stove, Italian marble countertops, high end appliances, and wood beamed ceilings. Metal roof installed 2012 and high impact windows and doors throughout. More lake views from master bathroom with sauna. Spacious master suite with balcony opening to the lake. This property includes its own dock, private beach, and boat ramp. Close proximity to major highways, airport, and business districts.

Last Agent to Sell the Property

Elena Ben-Tov

Avalon Homes Realty, LLC. License #3218130 Listed on: 09/17/2021

Last Buyer's Agent

Sande Keil

Compass Florida, LLC License #3261021

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,688

Year Built

  • Built in 1965

Lot Details

  • 15,300 Sq Ft Lot
  • 85 Ft Wide Lot
  • Lake Front
  • West Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking
  • RV or Boat Parking

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,368 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Family Room
  • Formal Dining Room
  • Utility Room in Garage
  • Sauna
  • Lake Views

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Laundry Tub

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Room in yard for a pool
  • Private Dock
  • Balcony
  • Deck
  • Exterior Lighting
  • Shed

Schools

  • Blue Lakes Elementary School
  • Glades Middle School
  • Southwest Miami High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 30-40-22-018-0180

Community Details

Overview

  • Property has a Home Owners Association
  • Lake Catalina Subdivision

Recreation

  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,688

Year Built

Built in 1965

Lot Details

0.35 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Located on 87th Avenue between Miller Road and Bird Road
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: LAKE CATALINA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Bottled Gas, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven
  • Interior Amenities: First Floor Entry, Bar, Laundry Tub, Walk-In Closet(s), Wet Bar, Family Room, Sauna, Utility/Laundry In Garage
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 4368
  • Other Equipment: Automatic Garage Door Opener, Natural Gas
  • Possible Use: Primary
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs, Master Bath Shower, Master Bath Tub
  • Dining Room Features: Formal Dining, Kitchen Dining
  • Living Room Features: Family Room, Sauna, Utility/Laundry In Garage
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Metal Roof
  • View: Lake
  • Exterior Features: Fruit Trees, Lighting, Open Balcony, Room For Pool
  • Construction Type: CBS Construction, Frame With Stucco
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: LAKE CATALINA
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block, Rv/Boat Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, In Garage
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Boating
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Blue Lakes
  • High School: Southwest Miami
  • Middle Or Junior School: Glades

Lot Info

  • Parcel Number: 30-40-22-018-0180
  • Lot Size Sq Ft: 15300
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10688

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 9, 2021
Sold by
Ben Toy Elena Maria
Bought by
Bradley Scott Michael and Bradley Jacqueline
Seller's Agent
Elena Ben-Tov
Avalon Homes Realty, LLC.
Buyer's Agent
Sande Keil
Compass Florida, LLC
List Price
$21,000
Sold Price
$1,975,000
Premium/Discount to List
$1,954,000
9304.76%
Current Estimated Value
$2,407,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,185
Avg. Annual Appreciation
2.69%
Original Mortgage
$1,481,250
Outstanding Balance
$1,357,310
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$864,563

Purchase Details

Listed on
Sep 21, 2011
Closed on
Feb 28, 2012
Sold by
Greenstein Sybil H
Bought by
Ben Tov Elena
Seller's Agent
Jason Smith
Keller Williams Capital Realty
Buyer's Agent
Elena Ben-Tov
Avalon Homes Realty, LLC.
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bradley Scott Michael $1,975,000 Attorney
Ben Tov Elena $550,000 Title Search Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Scott Michael $1,481,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2021 11/09/21 Sold $1,975,000 +9304.8% $452 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $21,000 -96.2% $5 / Sq Ft
02/28/2012 02/28/12 Sold $550,000 0.0% $123 / Sq Ft View Prior Sale
02/07/2012 02/07/12 Pending -- -- --
09/21/2011 09/21/11 For Sale $550,000 -- $123 / 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 $24,370 $1,476,357 -- --
2024 $30,739 $1,434,750 -- --
2023 $30,739 $1,768,138 $872,850 $895,288
2022 $30,435 $1,753,627 $581,900 $1,171,727
2021 $10,807 $624,387 $0 $0
2020 $10,688 $615,767 $0 $0
2019 $10,471 $601,923 $0 $0
2018 $7,869 $467,069 $0 $0
2017 $7,795 $457,463 $0 $0
2016 $7,778 $448,054 $0 $0
2015 $7,865 $444,940 $0 $0
2014 -- $443,611 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elena Ben-Tov

    Seller's Agent in 2021

    Elena Ben-Tov

    Avalon Homes Realty, LLC.

    (305) 710-7174

    6 Total Sales

    Elena Ben-Tov
    Section Image
  • Sande Keil

    Buyer's Agent in 2021

    Sande Keil

    Compass Florida, LLC

    (305) 330-5481

    38 Total Sales

    Sande Keil
    Section Image
  • Jason Smith

    Seller's Agent in 2012

    Jason Smith

    Keller Williams Capital Realty

    (786) 326-8115

    1 in this area

    68 Total Sales

    Jason Smith
    Section Image

  • M

    Seller Co-Listing Agent in 2012

    Marlene De Cespedes

    Douglas Elliman

    (305) 395-1077

    58 Total Sales

    Marlene De Cespedes
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11096585

MIAMI REALTORS® MLS

APN: 30-4022-018-0180

Florida Miami/Dade County Miami 33155 Olympia Heights

5131 SW 87th Ave, Miami, FL

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