$1,400,000
SOLD FEB 23, 2021
4 Beds
3.5 Baths
3,532 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$396 Per Sq Ft

26% Below List Price

355 Days on Market

Highlights

  • Cottage Room
  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • North Beach Elementary School Rated A-
  • Room in yard for a pool
  • Garden View

About This Home

As of April 2023

Excellent 1920's Russell Pancoast designed home on prestigious Pine tree Drive. Perfect for a family featuring 4 bedrooms, 3baths upstairs; large kitchen featuring a commercial oven and hood with breakfast room, separate laundry room and a guest house with steam shower and courtyard garden. Home has impact windows throughout, original clay tile and hardwood floors, beautiful moldings and wrought iron details.

Last Agent to Sell the Property

David Lombardi

Lombardi Properties License #0602540 Listed on: 01/19/2020

Co-Listed By

Daniel Lombardi

Lombardi Properties License #3269287

Last Buyer's Agent

Chani Ettelson

Compass Florida, LLC License #3426294

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,322

Year Built

  • Built in 1929

Lot Details

  • 7,500 Sq Ft Lot
  • East Facing Home
  • Property is zoned 0100

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,532 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • French Doors
  • Formal Dining Room
  • Garden Views
  • High Impact Door

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Clay

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Cottage Room
  • Shed
  • Outdoor Grill

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Beach View Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-003-0750

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,322

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1929
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Co List Office Mls Id: DVLB01
  • Co List Office Phone: 305-695-1600
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: BEACH VIEW SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, French Doors, Stacked Bedroom, Walk-In Closet(s), Cottage, Other, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors, French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Clay, Wood
  • Furnished: Unfurnished
  • Living Area: 3532
  • Other Equipment: Natural Gas
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Cottage, Other, Utility Room/Laundry

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden
  • Exterior Features: Built-In Grill, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BEACH VIEW SUB
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-14-003-0750
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 4, 2023
Sold by
5514 Pine Llc
Bought by
Kempler Ari
Seller's Agent
Betsy Magde
Compass Florida, LLC
Buyer's Agent
Selen Arditi
Compass Florida, LLC
List Price
$4,999,999
Sold Price
$5,105,000
Premium/Discount to List
$105,001
2.1%
Views
79
Current Estimated Value
$5,057,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,849
Avg. Annual Appreciation
-0.27%
Original Mortgage
$2,700,000
Outstanding Balance
$2,629,240
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$2,442,572

Purchase Details

Listed on
Jan 19, 2020
Closed on
Feb 23, 2021
Sold by
Horwitz Sanford B and Horwitz Janet L
Bought by
5514 Pine Llc
Seller's Agent
David Lombardi
Lombardi Properties
Buyer's Agent
Chani Ettelson
Compass Florida, LLC
List Price
$1,895,000
Sold Price
$1,400,000
Premium/Discount to List
-$495,000
-26.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.62%
Original Mortgage
$1,574,500
Interest Rate
2.7%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $5,105,000 None Listed On Document
Warranty Deed $1,400,000 A1a Title Services Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,700,000 New Conventional
Previous Owner $2,065,396 Construction
Previous Owner $1,574,500 Commercial
Previous Owner $509,546 Credit Line Revolving
Previous Owner $777,000 New Conventional
Previous Owner $358,542 Fannie Mae Freddie Mac
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $5,105,000 +2.1% $1,077 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $4,999,999 +257.1% $1,055 / Sq Ft
02/23/2021 02/23/21 Sold $1,400,000 -12.2% $396 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
10/21/2020 10/21/20 Price Changed $1,595,000 -5.9% $452 / Sq Ft
08/07/2020 08/07/20 Price Changed $1,695,000 -10.6% $480 / Sq Ft
07/01/2020 07/01/20 For Sale $1,895,000 +35.4% $537 / Sq Ft
06/30/2020 06/30/20 Off Market $1,400,000 -- --
01/19/2020 01/19/20 For Sale $1,895,000 -- $537 / 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 $63,619 $3,526,151 -- --
2024 $31,819 $3,426,775 -- --
2023 $31,819 $1,312,730 $0 $0
2022 $23,769 $1,265,004 $855,000 $410,004
2021 $6,561 $380,748 $0 $0
2020 $6,480 $375,492 $0 $0
2019 $6,323 $367,050 $0 $0
2018 $6,002 $360,207 $0 $0
2017 $5,941 $352,799 $0 $0
2016 $5,924 $345,543 $0 $0
2015 $5,998 $343,142 $0 $0
2014 $6,100 $340,419 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10803054

MIAMI REALTORS® MLS

APN: 02-3214-003-0750