NOT LISTED FOR SALE

5867 Paradise Point Dr Palmetto Bay, FL 33157

Estimated Value: $2,202,000 - $3,407,000

5 Beds
5 Baths
3,167 Sq Ft
$826/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $1,500,000 $474 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $17,517/month

148 Days on Market

Highlights

  • Marina
  • Property has ocean access
  • Up to 50-Foot Boat
  • Coral Reef Elementary School Rated A
  • Deeded Boat Dock
  • Boating

About This Home

As of June 2019

PRICE IMPROVEMENT!!!! Enjoy the breathtaking water views from this amazing BAYFRONT 4 story home in Paradise Point. A private, gated community of 12 homes w/bay views & direct ocean access. Larger than Tax Roll. Enjoy water views from every floor of this 4 bed, 3 bath & 2 half baths single family home featuring impact windows & doors, marble floors & wood floors, high ceilings, updated kitchen & baths, elevator, formal entertaining areas, master suite w/a beautiful walk-in closet, rooftop terrace & 2 Car Garage. Enjoy the South Florida Lifestyle! Walk out to your backyard & launch your paddle-board or kayak. Enjoy Paradise at it's fullest w/amenities such as beach, full service marina, heated pool & spa, clubhouse, gym, tennis & pickle-ball courts, nature trail to bay & 24 hour security.

Last Agent to Sell the Property

Richard Greenfield

Serhant License #3172461 Listed on: 01/02/2019

Serhant

Last Buyer's Agent

Randell Simpson

Simpson Associates of Florida License #0200293

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,192

Year Built

  • Built in 2003

Lot Details

  • 100 Ft Wide Lot
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Property is zoned 50/GEN H

HOA Fees

  • $590 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,167 Sq Ft Home
  • Thermal Windows
  • French Doors
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Recreation Room
  • Marble Flooring
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • <<builtInOvenToken>>
  • Electric Range
  • Ice Maker

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Complete Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Property is near a marina
  • Up to 50-Foot Boat
  • Deeded Boat Dock
  • Balcony
  • Patio
  • Outdoor Grill

Schools

  • Coral Reef Elementary School

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 33-50-25-009-0070

Community Details

Overview

  • Paradise Point 1St Amendm Subdivision
  • The community has rules related to no recreational vehicles or boats

Amenities

  • Clubhouse

Recreation

  • Boating
  • Marina
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,192

Year Built

Built in 2003

Lot Details

0

HOA Fees

$822 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Directions: 67 AVE (LUDLAM RD) SOUTH TO CORAL REEF DRIVE (SW 152 ST.) TURN LEFT- (EAST) TO GUARD GATE. FOLLOW ROAD TO THE END (PARADISE POINT) ON THE BAY.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Private Dock,Unrestricted Salt Water Access, Dock Available,Marina,Up to 50 Ft Boat
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: PARADISE POINT 1ST AMENDM
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Ice Maker, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Closet Cabinetry, Elevator, French Doors, Family Room, Media Room, Recreation Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Marble
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 3167
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, Impact Glass, Thermal Windows
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Media Room, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Bay
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: East Of US 1
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PARADISE POINT 1ST AMENDM
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Electric Vehicle Charging Station(s), Paver Block, No Rv/Boats

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 590
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Boating, Clubhouse, Exercise Room
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Coral Reef

Lot Info

  • Parcel Number: 33-50-25-009-0070
  • Zoning: 50/GEN H
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 17192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2019
Closed on
Jun 24, 2019
Sold by
Azor Frank and Azor Lucille
Bought by
Andiroglu Esber and Andiroglu Isabelle
Seller's Agent
Richard Greenfield
Serhant
Buyer's Agent
Randell Simpson
Simpson Associates of Florida
List Price
$1,697,000
Sold Price
$1,500,000
Premium/Discount to List
-$197,000
-11.61%
Current Estimated Value
$2,616,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,116,931
Avg. Annual Appreciation
9.60%

Purchase Details

Closed on
Apr 5, 2011
Sold by
Rodriguez Luis A and Lopez Adamari
Bought by
Azor Frank and Azor Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$874,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2004
Sold by
Paradise Point Corp
Bought by
Rodriguez Luis Alfonso and Lopez Adamari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
3.85%
Mortgage Type
Unknown
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
Andiroglu Esber $1,500,000 Attorney
Azor Frank $1,100,000 Attorney
Rodriguez Luis Alfonso $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Azor Frank $808,100
Previous Owner Azor Frank C $200,000
Previous Owner Azor Frank $874,500
Previous Owner Rodriguez Luis Alfonso $893,731
Previous Owner Rodriguez Luis Alfonso $893,730
Previous Owner Rodriguez Luis Alfonso $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $4,500,000 0.0% $1,421 / Sq Ft
01/07/2025 01/07/25 Off Market $4,500,000 -- --
08/05/2024 08/05/24 Price Changed $4,500,000 -6.3% $1,421 / Sq Ft
04/15/2024 04/15/24 Price Changed $4,800,000 -8.6% $1,516 / Sq Ft
04/05/2024 04/05/24 For Sale $5,250,000 0.0% $1,658 / Sq Ft
04/05/2024 04/05/24 Off Market $5,250,000 -- --
03/24/2024 03/24/24 For Sale $5,250,000 0.0% $1,658 / Sq Ft
03/23/2024 03/23/24 Off Market $5,250,000 -- --
03/23/2024 03/23/24 For Sale $5,250,000 +250.0% $1,658 / Sq Ft
06/24/2019 06/24/19 Sold $1,500,000 -6.0% $474 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
04/22/2019 04/22/19 Price Changed $1,595,900 -4.7% $504 / Sq Ft
04/08/2019 04/08/19 Price Changed $1,675,000 -1.3% $529 / Sq Ft
01/02/2019 01/02/19 For Sale $1,697,000 -- $536 / 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
2024 $26,398 $1,451,175 -- --
2023 $26,398 $1,319,250 $0 $0
2022 $22,687 $1,199,319 $0 $0
2021 $20,194 $1,090,290 $503,001 $587,289
2020 $20,197 $1,097,357 $503,001 $594,356
2019 $17,500 $986,587 $503,001 $483,586
2018 $17,193 $992,277 $503,001 $489,276
2017 $17,618 $997,966 $0 $0
2016 $18,067 $1,003,655 $0 $0
2015 $18,514 $1,002,508 $0 $0
2014 $18,748 $994,552 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maggie Salas

    Seller's Agent in 2024

    Maggie Salas

    Bestway Realty Sales, LLC

    (305) 297-5871

    36 in this area

    70 Total Sales

    Maggie Salas
    Section Image
  • Richard Greenfield

    Seller's Agent in 2019

    Richard Greenfield

    Serhant

    (305) 975-3133

    1 in this area

    38 Total Sales

    Richard Greenfield
    Section Image
  • Randell Simpson

    Buyer's Agent in 2019

    Randell Simpson

    Simpson Associates of Florida

    (305) 542-2583

    1 in this area

    39 Total Sales

    Randell Simpson
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10592134

MIAMI REALTORS® MLS

APN: 33-5025-009-0070

Florida Miami/Dade County Palmetto Bay 33157

5867 Paradise Point Dr, Palmetto Bay, FL

This home is located at 5867 Paradise Point Dr, Palmetto Bay, FL 33157 since 02 January 2019 and is currently estimated at $2,616,931, approximately $826 per square foot. This property was built in 2003. 5867 Paradise Point Dr 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.

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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