NOT LISTED FOR SALE

5839 Paradise Point Dr Palmetto Bay, FL 33157

Estimated Value: $1,080,488 - $1,156,000

0.14 Acre
$7,981,229 Price per Acre
5,965 Sq Ft Lot

Last Sold April 27, 2022

Last sale price $850,000 $142 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,235/month

261 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Community Pool
  • Coral Reef Elementary School Rated A
  • Gated Community
  • Tennis Courts

About This Lot

As of April 2022

WaterFront lot on Biscayne Bay! Build your Dream Home. Enjoy the Lifestyle, Privacy, Security and Amenities in Palmetto Bay's Resort Community of Royal Harbour Yacht Club. Paradise awaits in Paradise Point. Ready to Build Vacant Lot located at the Cul-De-Sac Point of a Natural island Preserve ON the Bay. Royal Harbour boasts Two Tennis Courts (One Lighted), Clubhouse, Heated Pool, Spa, private Beach with Volleyball Court, Nature Walk Pier to Bay and a Full Service Marina with NO bridges to Bay, Live where others Vacation. Beautiful Community. Come see it for yourself. Pretty Firm on Price.

Last Agent to Sell the Property

Maggie Salas

Bestway Realty Sales, LLC License #3320559 Listed on: 08/09/2021

Co-Listed By

Lawrence Salas

Bestway Realty Sales, LLC License #3374468

Last Buyer's Agent

Richard Greenfield

Serhant License #3172461

Serhant

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,571

Lot Details

  • 5,965 Sq Ft Lot
  • 66 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Cleared Lot
  • Property is zoned 0102

Property Views

  • Bay Views

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 33-50-25-009-0140

Community Details

Overview

  • Paradise Point 1St Amendm Condos
  • Paradise Point 1St Amendm Subdivision
  • Mandatory Home Owners Association

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Unrestricted saltwater access

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$8,571

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Co List Office Mls Id: BRSL01
  • Co List Office Phone: 305-359-5801
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Deeded Beach Access,Community Boat Dock,Unrestricted Salt Water Access
  • Lot Size Acres: 0.14
  • New Construction: No
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved Road
  • Structure Type: Other
  • Subdivision Name: PARADISE POINT 1ST AMENDM
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • View: Bay View
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot, Cleared
  • Other Structures: None
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PARADISE POINT 1ST AMENDM

Utilities

  • Sewer: At Site
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected, Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Pool, Tennis Court(s), Gated Community, Mandatory Hoa

Lot Info

  • Parcel Number: 33-50-25-009-0140
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 5965
  • Zoning: 0102
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8571

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Apr 26, 2022
Sold by
Sina Negahbani
Bought by
0 To 100 Ventures Llc
Seller's Agent
Maggie Salas
Bestway Realty Sales, LLC
Buyer's Agent
Richard Greenfield
Serhant
List Price
$995,000
Sold Price
$850,000
Premium/Discount to List
-$145,000
-14.57%
Current Estimated Value
$1,161,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,679
Avg. Annual Appreciation
7.83%

Purchase Details

Closed on
Jun 14, 2001
Sold by
Paradise Point Corp C
Bought by
Negahbani Sina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
0 To 100 Ventures Llc $850,000 New Title Company Name
Negahbani Sina $465,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2022 04/27/22 Sold $850,000 -14.6% $142 / Sq Ft
08/09/2021 08/09/21 For Sale $995,000 -- $167 / 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 $13,483 $775,321 $775,321 --
2024 $13,564 $775,321 $775,321 --
2023 $13,564 $722,500 $722,500 $0
2022 $9,451 $524,833 $0 $0
2021 $8,625 $477,121 $477,121 $0
2020 $8,571 $477,121 $477,121 $0
2019 $8,577 $477,121 $477,121 $0
2018 $0 $477,121 $477,121 $0
2017 $8,546 $477,121 $0 $0
2016 $8,728 $477,121 $0 $0
2015 $9,081 $477,121 $0 $0
2014 $9,081 $477,121 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maggie Salas

    Seller's Agent in 2022

    Maggie Salas

    Bestway Realty Sales, LLC

    (305) 297-5871

    37 in this area

    69 Total Sales

    Maggie Salas
    Section Image
  • Lawrence Salas

    Seller Co-Listing Agent in 2022

    Lawrence Salas

    Bestway Realty Sales, LLC

    (305) 562-5800

    22 in this area

    65 Total Sales

    Lawrence Salas
    Section Image
  • Richard Greenfield

    Buyer's Agent in 2022

    Richard Greenfield

    Serhant

    (305) 975-3133

    1 in this area

    36 Total Sales

    Richard Greenfield
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11082214

MIAMI REALTORS® MLS

APN: 33-5025-009-0140

Florida Miami/Dade County Palmetto Bay 33157

5839 Paradise Point Dr, Palmetto Bay, FL

Not Listed for Sale

Lots

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