NOT LISTED FOR SALE

Estimated Value: $6,660,000

11 Beds
11.5 Baths
10,699 Sq Ft
$622/Sq Ft Est. Value

Last Sold April 09, 2012

Last sale price $5,025,000 $470 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $52,704/month

762 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • 2 Bedroom Guest House
  • North Beach Elementary School Rated A-
  • Guest House
  • Property fronts an intracoastal waterway

About This Home

As of April 2012

This elegant waterfront estate comprises over one acre of distinguished living. Resting on 225 feet of waterfrontage, the home and property affords a network of comforts & amenities to those seeking a vast compound in which to soothe the spirit and the se nses. This private mansion, formerly owned by the Maytag family consists of a Main House with 6BR/6.5BA, Guest Apt with 3BR/3BA, 1BR/1BA Gate House & 1BR/1BA pool cabana. 5-car gar, tennis-ct, lrg pool, Jacuzzi w/waterfalls, dock & davits.

Last Agent to Sell the Property

Jill Eber

Coldwell Banker Realty License #0333469 Listed on: 02/18/2010

Coldwell Banker Realty

Co-Listed By

Jill Hertzberg

Coldwell Banker Realty License #0551544

Last Buyer's Agent

Paula Lerda

MMLS Assoc.-Inactive Member License #3114049

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $107,787

Year Built

  • Built in 1926

Lot Details

  • 1.18 Acre Lot
  • 225 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Irregular Lot
  • Property is zoned 8 /S FM

Parking

  • 5 Car Garage
  • Garage Apartment
  • Driveway
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Substantially Remodeled
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 10,699 Sq Ft Home
  • Wet Bar
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Casement Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Storage Room
  • Sauna
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock
  • Tennis Courts
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • Guest House
  • 2 Bedroom Guest House
  • Guest House Has A Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Beach View Addn Pb 16 10 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-014-0240

Home Details

Home Type

Single Family

Est. Annual Taxes

$107,787

Year Built

Built in 1926

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BEACH VIEW ADDN PB 16-10
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 2 Bedrooms, Garage
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Entrance Foyer, Roman Tub, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Garage Apartment, Media Room, Sauna, Storage, Utility Room/Laundry
  • Full Bathrooms: 11
  • Half Bathrooms: 1
  • Total Bedrooms: 11
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Furnished: Furnished
  • Living Area: 10699
  • Other Equipment: Intercom
  • Window Features: Casement
  • Bedroom Features: Primary Bedroom Upstairs, Other
  • Dining Room Features: Eat-In Kitchen, Formal Dining, Other
  • Living Room Features: Den/Library/Office, Family Room, Garage Apartment, Guest House, Media Room, Sauna, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Whirlpool/Spa, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Water
  • Exterior Features: Built-In Grill, Lighting, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1 To Less Than 2 Acre Lot, Irregular Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Open Balcony, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: BEACH VIEW ADDN PB 16-10
  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-11-014-0240
  • Lot Size Sq Ft: 51450
  • Zoning: 8 /S FM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 107787

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2010
Closed on
Apr 9, 2012
Sold by
Wood Shayne A
Bought by
Simkins Michael and Simkins Nicole
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Paula Lerda
MMLS Assoc.-Inactive Member
List Price
$5,025,000
Sold Price
$5,025,000
Current Estimated Value
$6,660,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,635,000
Avg. Annual Appreciation
2.14%

Purchase Details

Closed on
Aug 11, 2004
Sold by
Ross Gerald D and Ross Frances M
Bought by
Wood Shayne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
6%
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
Simkins Michael $4,900,000 Attorney
Wood Shayne A $4,575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simkins Michael $8,500,000
Previous Owner Wood Shayne A $1,000,000
Previous Owner Wood Shayne A $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2012 04/09/12 Sold $5,025,000 0.0% $470 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
02/18/2010 02/18/10 For Sale $5,025,000 -- $470 / 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 $190,211 $10,458,262 -- --
2024 $185,686 $10,163,520 -- --
2023 $185,686 $9,867,496 $0 $0
2022 $179,229 $9,580,094 $0 $0
2021 $178,796 $9,301,063 $0 $0
2020 $176,789 $9,172,646 $0 $0
2019 $172,891 $8,962,548 $0 $0
2018 $86,337 $4,632,442 $0 $0
2017 $92,740 $4,910,843 $0 $0
2016 $92,640 $4,809,837 $0 $0
2015 $97,134 $4,943,101 $0 $0
2014 $98,817 $4,903,871 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: M1371759

MIAMI REALTORS® MLS

APN: 02-3211-014-0240