NOT LISTED FOR SALE

Estimated Value: $6,657,000 - $20,144,236

6 Beds
8.5 Baths
8,540 Sq Ft
$1,569/Sq Ft Est. Value

Last Sold September 18, 2024

Last sale price $23,250,000 $2,722 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $90,669/month

200 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • North Beach Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Sitting Area In Primary Bedroom

About This Home

As of September 2024

Enjoy refined luxury at this extraordinary N Bay Rd residence w/ stunning western views. Fully renovated w/ 2023 completion. Meticulous design & exquisite materials converge to create a haven of unparalleled elegance. A warm & inviting ambiance is achieved through a mocha cream limestone color palette, elegant slab finishes, & herringbone flooring that exudes classic sophistication. 8,540 SF of living spaces include an incredible layout, 6 bedrooms, media room + office, high ceilings on both floors, a butler kitchen, large primary suite w/ dual bathrooms & dual oversized closets. A brand new concrete dock, gated privacy, an outdoor oasis overlooking sparkling sunsets, a poolside summer kitchen overlooking the waterfront vistas add to the allure of this coveted N Bay Rd address.

Last Agent to Sell the Property

Daniel Hertzberg

Coldwell Banker Realty License #3212309 Listed on: 01/03/2024

Coldwell Banker Realty

Last Buyer's Agent

Jill Hertzberg

Coldwell Banker Realty License #0551544

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $242,214

Year Built

  • Built in 2023

Lot Details

  • 0.29 Acre Lot
  • 79 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Property is zoned 0800

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,540 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Family or Dining Combination
  • Bay Views
  • High Impact Door

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • La Gorce Golf Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-15-003-1880

Home Details

Home Type

Single Family

Est. Annual Taxes

$242,214

Year Built

Built in 2023

Lot Details

0.29 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: LA GORCE GOLF SUB
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Cooking Island, Walk-In Closet(s), Wet Bar, Family Room
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 8540
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination
  • Living Room Features: Family Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Bay
  • Exterior Features: Built-In Grill, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: LA GORCE GOLF SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

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: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-15-003-1880
  • Lot Size Sq Ft: 12680
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 242214

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Sep 18, 2024
Sold by
N Bay Rd Developments Llc
Bought by
North Bay Road Land Trust and North Bay Miami Beach Llc
Seller's Agent
Daniel Hertzberg
Coldwell Banker Realty
Buyer's Agent
Jill Hertzberg
Coldwell Banker Realty
List Price
$31,500,000
Sold Price
$23,250,000
Premium/Discount to List
-$8,250,000
-26.19%
Views
179
Current Estimated Value
$13,400,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,849,382
Avg. Annual Appreciation
-30.91%
Original Mortgage
$13,950,000
Outstanding Balance
$13,751,493
Interest Rate
5.65%
Mortgage Type
New Conventional
Estimated Equity
-$350,875

Purchase Details

Closed on
Jul 28, 2021
Sold by
Zack Stephen N and Zack Marguerite Ann
Bought by
N Bay Rd Developments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 29, 2017
Closed on
Feb 27, 2018
Sold by
Unique Melo Holdings Inc
Bought by
Zack Stephen N
Seller's Agent
Darin Tansey
Douglas Elliman
Buyer's Agent
Robert Evangelista
One Sotheby's International Realty
List Price
$10,985,000
Sold Price
$8,550,000
Premium/Discount to List
-$2,435,000
-22.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Dec 20, 2010
Sold by
Scaturro Philip
Bought by
Unique Melo Holdings Inc

Purchase Details

Closed on
Jul 25, 2005
Sold by
Magna Casa Grande Inc
Bought by
Scaturro Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 2005
Sold by
Magna Casa Group Ltd
Bought by
Magna Casa Group Inc

Purchase Details

Closed on
Jun 28, 2000
Sold by
Florence Management Ltd
Bought by
Magna Casa Group Ltd

Purchase Details

Closed on
Feb 26, 1998
Sold by
Levy Lawrence and Buffa Peter
Bought by
Florence Management Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 1995
Sold by
Daskovski Evgueni and Jouravleva Svetlana
Bought by
Levy Lawrence and Buffa Peter

Purchase Details

Closed on
Oct 9, 1993
Sold by
Woodall Martin
Bought by
Daskovski Evgueni and Joravleva Svetlana
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
North Bay Road Land Trust $23,250,000 Pinnacle Title Group
North Bay Road Land Trust $23,250,000 Pinnacle Title Group
N Bay Rd Developments Llc $13,600,000 Pinnacle Title Group Llc
Zack Stephen N $8,550,000 None Available
Unique Melo Holdings Inc $9,100,000 Attorney
Scaturro Philip $5,400,000 --
Magna Casa Group Inc -- --
Magna Casa Group Ltd $388,200 --
Florence Management Ltd $1,500,000 --
Levy Lawrence $975,000 --
Daskovski Evgueni $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Bay Road Land Trust $13,950,000
Closed North Bay Road Land Trust $13,950,000
Previous Owner N Bay Rd Developments Llc $6,000,000
Previous Owner Scaturro Philip $2,500,000
Previous Owner Levy Lawrence $400,000
Previous Owner Levy Lawrence $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2024 09/18/24 Sold $23,250,000 -15.5% $2,722 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $27,500,000 -8.0% $3,220 / Sq Ft
01/31/2024 01/31/24 Price Changed $29,900,000 -5.1% $3,501 / Sq Ft
01/04/2024 01/04/24 For Sale $31,500,000 +268.4% $3,689 / Sq Ft
02/27/2018 02/27/18 Sold $8,550,000 -22.2% $1,049 / Sq Ft View Prior Sale
09/29/2017 09/29/17 For Sale $10,985,000 -- $1,348 / 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 $251,326 $17,129,437 $8,242,000 $8,887,437
2024 $242,214 $13,374,570 $8,825,280 $4,549,290
2023 $242,214 $12,480,669 $0 $0
2022 $213,185 $11,346,063 $6,682,360 $4,663,703
2021 $132,142 $6,884,767 $0 $0
2020 $130,656 $6,789,712 $0 $0
2019 $127,826 $6,637,060 $0 $0
2018 $132,330 $7,037,236 $3,140,329 $3,896,907
2017 $149,828 $7,867,868 $0 $0
2016 $183,445 $9,352,323 $0 $0
2015 $168,446 $8,502,112 $0 $0
2014 $160,627 $7,882,323 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11508659

MIAMI REALTORS® MLS

APN: 02-3215-003-1880

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