NOT LISTED FOR SALE

551 Bay Point Rd Miami, FL 33137

Upper East Side South Neighborhood

Estimated Value: $3,163,000 - $5,185,000

3 Beds
3 Baths
3,073 Sq Ft
$1,289/Sq Ft Est. Value

Last Sold February 16, 2015

Last sale price $1,600,000 $521 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $24,695/month

Highlights

  • Gated with Attendant
  • Marble Flooring
  • No HOA
  • Heated In Ground Pool
  • Garden View
  • Den

About This Home

As of October 2015

Spacious split level modern home with Commercial Kitchen, private Master Suite, ample entertaining areas including a big Family room overlooking the gorgeous pool and gardens. Rental includes, pool service, cut lawn service and if you have a pet, a refund able deposit is required. Enjoy the security, serenity and privacy of Bay Point with walking distance to the Ultra Luxurious Miami Design District Shops & Restaurants, convenient to I-95, Downtown, Miami Intl Airport & the Beaches!

Last Agent to Rent the Property

Kathryn Taxman

MMLS Assoc.-Inactive Member License #0659439 Listed on: 07/29/2015

Last Renter's Agent

Kathryn Taxman

MMLS Assoc.-Inactive Member License #0659439 Listed on: 07/29/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,052

Year Built

  • Built in 1956

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 87x159
  • South Facing Home
  • Fenced
  • Property is zoned 10/S FM

Parking

  • 2 Car Attached Garage

Property Views

  • Garden
  • Pool

Home Design

  • Split Level Home
  • Concrete Block With Brick
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,073 Sq Ft Home
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Den
  • Marble Flooring
  • Washer

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Home Security

  • Security System Owned
  • Impact Glass

Outdoor Features

  • Heated In Ground Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 8/1/15
  • More Than 1 Year Lease Term
  • Assessor Parcel Number 01-32-19-008-0040

Community Details

Overview

  • No Home Owners Association
  • Bay Point Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Recreation

  • Community Playground

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,052

Year Built

Built in 1956

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: More Than 20 Lbs
  • Available Date: 2015-08-01
  • Lease Term: More Than 1 Year

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1956
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other, Split Level
  • Directions: GUARD GATE ENTRY LOCATED AT 45TH AND BISCAYNE BLVD. FOLLOW BAY POINT RD NORTH, CURVE TO THE RIGHT, HOME ON LEFT HAND SIDE OF STREET.
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • Unit Levels: 0
  • Lot Size: 87x159
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: BAY POINT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator, Washer
  • Interior Amenities: Split Bedroom, Den/Library/Office, Family Room
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3073
  • Window Features: Impact Glass
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Family Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden, Pool
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BAY POINT
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm, Gated with Guard, Security Patrol

Condo/Co-op/Association

  • Amenities: Guard At Gate, Child Play Area, Security Patrol
  • Association: No

Lot Info

  • Parcel Number: 01-32-19-008-0040
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 13833
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Nawao Llc
Bought by
Cauff Brandon and Cauff Regina
Current Estimated Value
$3,961,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,656,000
Outstanding Balance
$1,516,656
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,363,614

Purchase Details

Listed on
Oct 21, 2014
Closed on
Jan 28, 2015
Sold by
Atlas Russell D
Bought by
Nawao Llc
Seller's Agent
Kathy Green
Coldwell Banker Realty
Buyer's Agent
Danitza Djurovic
Metro 1 Properties, Inc.
List Price
$1,999,000
Sold Price
$1,600,000
Premium/Discount to List
-$399,000
-19.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
Feb 4, 2004
Sold by
Atlas Russell D
Bought by
Atlas Russell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2001
Sold by
Janet Atlas I
Bought by
Atlas Russell D

Purchase Details

Closed on
Jun 15, 2001
Sold by
Cherl Marian I
Bought by
Atlas Russell D and Atlas Janet
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
Cauff Brandon $2,070,000 Attorney
Nawao Llc $1,600,000 Attorney
Atlas Russell D -- --
Atlas Russell D $100 --
Atlas Russell D $100 --
Atlas Russell D $100 --
Atlas Russell D $387,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cauff Brandon $1,656,000
Previous Owner Russell D Atlas Revocable Trust $740,000
Previous Owner Atlas Russell D $500,000
Previous Owner Atlas Russell D $225,000
Previous Owner Atlas Russell D $437,000
Previous Owner Atlas Russell D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2015 10/05/15 Rented $6,250 -20.9% --
09/05/2015 09/05/15 Under Contract -- -- --
07/29/2015 07/29/15 For Rent $7,900 0.0% --
02/16/2015 02/16/15 Sold $1,600,000 -13.5% $521 / Sq Ft
01/02/2015 01/02/15 Pending -- -- --
11/18/2014 11/18/14 Price Changed $1,850,000 -7.5% $602 / Sq Ft
10/21/2014 10/21/14 For Sale $1,999,000 -- $651 / 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 $36,052 $1,875,257 -- --
2024 $35,891 $1,822,408 -- --
2023 $35,891 $1,769,329 $0 $0
2022 $34,969 $1,719,831 $968,310 $751,521
2021 $21,494 $993,761 $740,066 $253,695
2020 $26,819 $1,241,371 $987,676 $253,695
2019 $25,875 $1,194,339 $940,644 $253,695
2018 $25,396 $1,194,339 $940,644 $253,695
2017 $29,784 $1,388,001 $0 $0
2016 $30,674 $1,388,001 $0 $0
2015 $26,940 $1,194,490 $0 $0
2014 $10,048 $467,515 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2015

    Kathryn Taxman

    MMLS Assoc.-Inactive Member

  • Kathy Green

    Seller's Agent in 2015

    Kathy Green

    Coldwell Banker Realty

    (305) 343-7457

    1 in this area

    9 Total Sales

    Section Image

  • D

    Buyer's Agent in 2015

    Danitza Djurovic

    Metro 1 Properties, Inc.

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2152113

MIAMI REALTORS® MLS

APN: 01-3219-008-0040

Florida Miami/Dade County Miami 33137 Upper East Side South

551 Bay Point Rd, Miami, FL

This home is located at 551 Bay Point Rd, Miami, FL 33137 since 29 July 2015 and is currently priced at $3,961,661. This property was built in 1956. 551 Bay Point Rd is a home located in Miami-Dade County with nearby schools including Morningside K-8 Academy, Horace Mann Middle School, and Booker T. Washington 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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