NOT LISTED FOR SALE

5852 Paradise Point Dr Unit 11 Palmetto Bay, FL 33157

Estimated Value: $3,946,000 - $4,507,000

5 Beds
5 Baths
5,701 Sq Ft
$741/Sq Ft Est. Value

Last Sold July 08, 2014

Last sale price $1,800,000 $316 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $25,872/month

58 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Deeded Boat Dock
  • Coral Reef Elementary School Rated A
  • Boating
  • Built in 2005 | Newly Remodeled

About This Home

As of July 2014

This home is located at 5852 Paradise Point Dr Unit 11, Palmetto Bay, FL 33157 since 20 February 2014 and is currently estimated at $4,227,241, approximately $741 per square foot. This property was built in 2005. 5852 Paradise Point Dr Unit 11 is a home located in Miami-Dade County with nearby schools including Coral Reef Elementary School, Southwood Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

Last Agent to Sell the Property

Lourdes Avino

Jorge R. Avino, Lic. Broker License #3289388 Listed on: 02/20/2014

Last Buyer's Agent

Lourdes Avino

Jorge R. Avino, Lic. Broker License #3289388 Listed on: 02/20/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,104

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • 5,681 Sq Ft Lot
  • Waterfront
  • South Facing Home
  • Property is zoned 10/S FM

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking

Property Views

  • Ocean
  • Canal

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,701 Sq Ft Home
  • Marble Flooring
  • High Impact Door

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Deeded Boat Dock
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 33-50-25-009-0030

Community Details

Overview

  • Paradise Point 1St Amendm Subdivision

Amenities

  • Clubhouse

Recreation

  • Boating
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,104

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

HOA Fees

$570 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Three Or More Stories
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: PARADISE POINT 1ST AMENDM
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Elevator, Other
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 5701
  • Possible Use: Primary
  • Bedroom Features: Other
  • Living Room Features: Other

Exterior Features

  • Roof: Concrete
  • View: Canal, Ocean
  • Exterior Features: Built-In Grill
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PARADISE POINT 1ST AMENDM
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1710
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Boating, Clubhouse, Tennis Court(s)
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 33-50-25-009-0030
  • Lot Size Sq Ft: 5681
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 18104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Deprada Arturo Alvarez
Bought by
R2d2 Marina Llc
Current Estimated Value
$4,227,241

Purchase Details

Closed on
Feb 16, 2017
Sold by
Teixeira Vanessa Alvarez
Bought by
Deprada Arturo Alvarez

Purchase Details

Listed on
Feb 20, 2014
Closed on
Jul 8, 2014
Sold by
Gonzalez Rafael E and Gonzalez Gloria
Bought by
Deprada Arturo Alvarez and Teixeira Vanessa Alvarez
Seller's Agent
Lourdes Avino
Jorge R. Avino, Lic. Broker
Buyer's Agent
Lourdes Avino
Jorge R. Avino, Lic. Broker
List Price
$2,150,000
Sold Price
$1,800,000
Premium/Discount to List
-$350,000
-16.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
Aug 11, 2003
Sold by
Paradise Point Corp
Bought by
Gonzalez Rafael E and Gonzalez Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$786,100
Interest Rate
5.52%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
R2d2 Marina Llc -- Express Title Services Group
R2d2 Marina Llc -- Express Title Services Group
Deprada Arturo Alvarez -- Attorney
Deprada Arturo Alvarez $1,600,000 Attorney
Gonzalez Rafael E $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Rafael E $786,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2014 07/08/14 Sold $1,800,000 -16.3% $316 / Sq Ft
04/20/2014 04/20/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $2,150,000 -- $377 / 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 $36,792 $2,143,047 -- --
2024 $35,096 $1,948,225 -- --
2023 $35,096 $1,771,114 $0 $0
2022 $30,488 $1,610,104 $0 $0
2021 $26,944 $1,463,731 $436,401 $1,027,330
2020 $26,750 $1,475,750 $436,401 $1,039,349
2019 $24,234 $1,321,115 $436,401 $884,714
2018 $23,860 $1,331,218 $436,401 $894,817
2017 $24,489 $1,341,321 $0 $0
2016 $25,151 $1,350,899 $0 $0
2015 $25,834 $1,352,476 $0 $0
2014 $17,826 $946,449 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lourdes Avino

    Jorge R. Avino, Lic. Broker

    (305) 978-7069

    7 Total Sales

    Lourdes Avino
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1910666

MIAMI REALTORS® MLS

APN: 33-5025-009-0030

Florida Miami/Dade County Palmetto Bay 33157

5852 Paradise Point Dr Unit 11, Palmetto Bay, FL

Not Listed for Sale

Detached

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