NOT LISTED FOR SALE

Estimated Value: $1,345,000 - $9,785,000

4 Beds
4.5 Baths
4,507 Sq Ft
$1,465/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $5,600,000 $1,243 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $42,848/month

31 Days on Market

Highlights

  • Property has ocean access
  • In Ground Pool
  • 36,750 Sq Ft lot
  • Property Fronts a Bay or Harbor
  • Gated Community
  • Marble Flooring

About This Home

As of November 2020

This California style bungalow has a carefree dreamy feeling. Its breeze swept simplicity creates a sense of well-being. 36,750 SF of land and 125 feet of wide bayfront allows you to create your own destination and enjoy each perfect summer day. This home has large living and dining areas, a bright gourmet kitchen and family room, double bayfront master suites + halls of glass filled with brilliant light. Majority of the home has splendid 12 ft ceilings. Large pool, generator and 2-car garage. Located in a lush guard-gated neighborhood with a large waterfront park. Mere minutes from renowned Design District and Wynwood. 10 minutes from Downtown Miami.

Last Agent to Sell the Property

Jeri Jenkins

Coldwell Banker Realty License #0315440 Listed on: 10/02/2020

Coldwell Banker Realty

Co-Listed By

Brian Suarez

Coldwell Banker Realty License #3239628

Last Buyer's Agent

Brett Harris

Bespoke Real Estate Florida LLC License #3192059

Bespoke Real Estate Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100,392

Year Built

  • Built in 1961

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 125x294
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned 0100

Parking

  • 1 Car Attached Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Bay
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,507 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room
  • Formal Dining Room
  • Utility Room in Garage
  • Laundry in Garage

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Patio
  • Exterior Lighting

Schools

  • Morningside Elementary School
  • Horace Mann Middle School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-036-0050

Community Details

Overview

  • No Home Owners Association
  • Bayshore Unit No 2 Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$100,392

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Directions: From Biscayne Blvd/US-1. Turn onto NE 50th Ter. Gate access required. Take the 1st Left onto NE 5th Ave. Turn Right onto NE 55th Ter. Turn Left onto N Bayshore Dr. Home is on the Right.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lot Size: 125x294
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BAYSHORE UNIT NO 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Other Equipment/Appliances, Electric Range, Wall Oven
  • Interior Amenities: First Floor Entry, Built-in Features, Other, Walk-In Closet(s), Family Room, Utility/Laundry In Garage
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Other, Tile
  • Furnished: Unfurnished
  • Living Area: 4507
  • Possible Use: Unknown/Withheld
  • Window Features: Other Windows
  • Bedroom Features: Master Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Formal Dining, Other
  • Living Room Features: Family Room, Other, Utility/Laundry In Garage
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Barrel Roof, Other
  • View: Bay, Pool, Water
  • Exterior Features: Lighting, Other
  • Construction Type: CBS Construction, Other
  • Direction Faces: West
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Other
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BAYSHORE UNIT NO 2
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community, Paved Road, Sidewalks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Morningside
  • Middle Or Junior School: Horace Mann

Lot Info

  • Parcel Number: 01-32-18-036-0050
  • Lot Size Sq Ft: 36750
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 100392

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 16, 2020
Sold by
Heiva Holdings Usa Llc
Bought by
Brennan James
Seller's Agent
Jeri Jenkins
Coldwell Banker Realty
Buyer's Agent
Brett Harris
Bespoke Real Estate Florida LLC
List Price
$5,995,000
Sold Price
$5,600,000
Premium/Discount to List
-$395,000
-6.59%
Current Estimated Value
$6,602,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,002,312
Avg. Annual Appreciation
3.19%
Original Mortgage
$3,920,000
Outstanding Balance
$3,516,191
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,991,715

Purchase Details

Listed on
Nov 23, 2016
Closed on
Nov 15, 2017
Sold by
Bayley Michael
Bought by
Heiva Holdings Usa Llc
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Anthony Cho
MMLS Assoc.-Inactive Member
List Price
$4,495,000
Sold Price
$5,500,000
Premium/Discount to List
$1,005,000
22.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%

Purchase Details

Closed on
Oct 30, 2013
Sold by
Bayley Michael
Bought by
Bayley Michael

Purchase Details

Listed on
Dec 9, 2011
Closed on
Dec 17, 2012
Sold by
Vasallo Isabel G and Gomez Bassols Isabel
Bought by
Bayley Michael
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Susan Reiter
MMLS Assoc.-Inactive Member
List Price
$2,950,000
Sold Price
$2,850,000
Premium/Discount to List
-$100,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$1,500,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1994
Sold by
Vasallo Diego J and Vasallo Esabel G
Bought by
Vasallo Isabel G

Purchase Details

Closed on
Jul 14, 1993
Sold by
Serrano Julio and Serrano Olga V
Bought by
Vasallo Diego J and Vasallo Isabel G
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
Brennan James $5,600,000 Attorney
Heiva Holdings Usa Llc $5,500,000 Attorney
Bayley Michael -- Attorney
Bayley Michael $2,850,000 Attorney
Vasallo Isabel G $89,100 --
Vasallo Diego J $328,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brennan James $3,920,000
Previous Owner Bayley Michael $1,500,000
Previous Owner Gomez Bassols Isabel $1,000,000
Previous Owner Vasallo Isabel G $150,000
Previous Owner Gomez Bassols Isabel $600,000
Previous Owner Gomez Bassols Isabel $300,000
Previous Owner Gomez Bassols Isabel $75,000
Previous Owner Gomez Bassols Isabel $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $5,600,000 -6.6% $1,243 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $5,995,000 +9.0% $1,330 / Sq Ft
11/15/2017 11/15/17 Sold $5,500,000 -15.4% $1,168 / Sq Ft
08/07/2017 08/07/17 Price Changed $6,499,000 +30.1% $1,381 / Sq Ft
05/22/2017 05/22/17 Price Changed $4,995,000 +11.1% $1,061 / Sq Ft
11/23/2016 11/23/16 For Sale $4,495,000 +57.7% $955 / Sq Ft
12/17/2012 12/17/12 Sold $2,850,000 -3.4% $605 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
12/09/2011 12/09/11 For Sale $2,950,000 -- $627 / 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 $85,825 $4,405,968 -- --
2024 $159,757 $4,281,796 -- --
2023 $159,757 $4,157,084 $0 $0
2022 $98,067 $4,708,005 $0 $0
2021 $98,105 $4,570,879 $4,042,312 $528,567
2020 $100,015 $4,614,031 $4,042,312 $571,719
2019 $100,392 $4,621,253 $4,042,312 $578,941
2018 $99,086 $4,647,375 $4,042,312 $605,063
2017 $53,640 $2,490,728 $0 $0
2016 $53,813 $2,439,499 $0 $0
2015 $54,880 $2,422,542 $0 $0
2014 $54,549 $2,403,316 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10936833

MIAMI REALTORS® MLS

APN: 01-3218-036-0050