Seller's Agent in 2019
Lourdes Alatriste
Douglas Elliman
(305) 926-5322
7 in this area
68 Total Sales
Estimated Value: $7,490,000 - $24,106,109
8
Beds
12
Baths
13,025
Sq Ft
$1,213/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Private Dock
- Media Room
- South Pointe Elementary School Rated 9+
- Property Fronts a Bay or Harbor
- 4-minute walk to Central Park
About This Home
As of December 2019Exclusivity, fine design and bay breeze in Palm Island. Set on a spacious 30,000 SF lot and boasting 13,201 SF of living area, this 8 bedroom, 10/2 bathroom estate is the epitome of Miami Beach living. The Master Suite includes spacious his and hers bathrooms, his and hers closets and a private terrace overlooking the bay. Enjoy waterfront views from every room including the kitchen, family room and formal living room. Entertain indoors in the expansive formal dining room, outside in the central courtyard or by the bay and infinity pool. A private dock with 100 Feet of frontage completes this magnificent estate situated minutes from S Beach, Downtown & the Miami International Airport.
Last Agent to Sell the Property
Douglas Elliman License #0693485 Listed on: 07/10/2019
Last Buyer's Agent
Darin Tansey
MMLS Assoc.-Inactive Member License #3196065
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $172,361
Year Built
- Built in 1928
Lot Details
- 30,000 Sq Ft Lot
- 100 Ft Wide Lot
- Property Fronts a Bay or Harbor
- North Facing Home
- Fenced
- Property is zoned 2200
Parking
- 3 Car Attached Garage
- Circular Driveway
- Open Parking
Property Views
- Bay
- Pool
Home Design
- Barrel Roof Shape
Interior Spaces
- 13,025 Sq Ft Home
- 2-Story Property
- Bar
- Fireplace
- Blinds
- French Doors
- Entrance Foyer
- Great Room
- Family Room
- Formal Dining Room
- Media Room
- Den
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Free-Standing Freezer
- Ice Maker
- Dishwasher
- Snack Bar or Counter
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 8 Bedrooms
- Sitting Area In Primary Bedroom
- Main Floor Bedroom
- Primary Bedroom Upstairs
- Two Primary Bathrooms
- Bidet
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
- Laundry Tub
Outdoor Features
- In Ground Pool
- Property has ocean access
- Canal Width is 121 Feet or More
- Private Dock
- Balcony
- Exterior Lighting
Additional Features
- Accessible Elevator Installed
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-42-05-001-0130
Community Details
Overview
- No Home Owners Association
- Palm Island Subdivision
Recreation
- Tennis Courts
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2019
Closed on
Dec 2, 2019
Sold by
Bought by
Seller's Agent
Lourdes Alatriste
Douglas Elliman
Buyer's Agent
Darin Tansey
MMLS Assoc.-Inactive Member
List Price
$13,800,000
Sold Price
$11,800,000
Premium/Discount to List
-$2,000,000
-14.49%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,998,055
Avg. Annual Appreciation
4.57%
Purchase Details
Closed on
Jun 16, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
4.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 29, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,380,000
Interest Rate
5.36%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 17, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,510,224
Interest Rate
5.98%
Purchase Details
Closed on
Jan 16, 2001
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $11,800,000 | Attorney | ||
| $11,950,000 | Attorney | ||
| $3,400,000 | South Florida Title Group | ||
| $2,900,000 | -- | ||
| $1,600,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $4,000,000 | ||
| Previous Owner | $2,380,000 | ||
| Previous Owner | $2,510,224 | ||
| Previous Owner | $1,200,000 | ||
| Closed | $25,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2019 12/02/19 | Sold | $11,800,000 | -14.5% | $906 / Sq Ft |
| 07/10/2019 07/10/19 | For Sale | $13,800,000 | -- | $1,060 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $193,178 | $10,460,577 | -- | -- |
| 2024 | $188,651 | $10,165,770 | -- | -- |
| 2023 | $188,651 | $9,869,680 | $0 | $0 |
| 2022 | $182,193 | $9,582,214 | $0 | $0 |
| 2021 | $181,227 | $9,303,121 | $6,900,000 | $2,403,121 |
| 2020 | $182,195 | $9,328,381 | $6,900,000 | $2,428,381 |
| 2019 | $177,452 | $9,806,966 | $6,900,000 | $2,906,966 |
| 2018 | $172,361 | $9,840,549 | $6,900,000 | $2,940,549 |
| 2017 | $175,678 | $9,874,131 | $0 | $0 |
| 2016 | $171,919 | $9,277,332 | $0 | $0 |
| 2015 | $158,201 | $8,433,939 | $0 | $0 |
| 2014 | $143,489 | $7,667,218 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lourdes Alatriste
-
D
Buyer's Agent in 2019
Darin Tansey
MMLS Assoc.-Inactive Member
-
I
Buyer Co-Listing Agent in 2019
Ivan G. Hernandez
MMLS Assoc.-Inactive Member
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10703038
APN: 02-4205-001-0130
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