NOT LISTED FOR SALE

590 Melaleuca Ln Miami, FL 33137

Upper East Side South Neighborhood

Estimated Value: $6,219,000 - $9,859,898

5 Beds
6 Baths
2,968 Sq Ft
$2,616/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $1,590,000 $536 Per Sq Ft

Est. 388% increase in value since last sale

Current estimated payment $48,366/month

410 Days on Market

Highlights

  • Guest House
  • Gated Community
  • Main Floor Bedroom
  • In Ground Pool
  • Wood Flooring
  • 3-minute walk to Albert Pallot Park

About This Home

As of December 2012

Two story original Bahamian Plantation style home on 19,413 SF corner lot in guard-gated, privately owned community of Bay Point, near Midtown and the Historical Design District of Miami. Within minutes of Miami Beach and Miami Int'l Airport. Main house: 3 bdrms & 2-1/2 baths. Connected to the main house is a one-car garage with separate entrance, 2 bedrooms & 1-1/2 baths upstairs and 1/2 bath downstairs. There is also an in-ground pool. With some TLC, this home will be spectacular.

Last Agent to Sell the Property

Jill Eber

Coldwell Banker Realty License #0333469 Listed on: 09/21/2011

Coldwell Banker Realty

Co-Listed By

Felise Eber

Coldwell Banker Realty License #0576021

Last Buyer's Agent

Eddy Goicolea

Live Work Play Miami Group, LLC. License #3117578

Live Work Play Miami Group, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,388

Year Built

  • Built in 1948

Lot Details

  • 0.45 Acre Lot
  • Northwest Facing Home
  • Property is zoned 1 /S FM

HOA Fees

  • $158 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,968 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Casement Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Utility Room in Garage

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • In-Law or Guest Suite

Laundry

  • Laundry in Garage
  • Dryer

Additional Homes

  • Guest House
  • Two Bathroom Guest House

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-0910

Community Details

Overview

  • Bay Point Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,388

Year Built

Built in 1948

Lot Details

0

HOA Fees

$158 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BAY POINT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 2 Baths
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Entrance Foyer, Split Bedroom, Family Room, Florida Room, Separate Guest/In-Law Quarters, Utility/Laundry In Garage
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 2968
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters, Casement
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Florida Room, Separate Guest/In-Law Quarters, Guest House, Utility/Laundry In Garage

Exterior Features

  • Roof: Flat Tile
  • View: Garden, Pool
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Guest House
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BAY POINT
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association Fee: 1900
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated, Gated Community, Private Roads
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-19-008-0910
  • Lot Size Sq Ft: 19413
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 15388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2011
Closed on
Dec 27, 2012
Sold by
Lease Andrew C and Lease Judith L
Bought by
Melaleuca Property Inc
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Eddy Goicolea
Live Work Play Miami Group, LLC.
List Price
$1,590,000
Sold Price
$1,590,000
Current Estimated Value
$7,764,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,174,975
Avg. Annual Appreciation
13.37%
Source: Public Records

Range of Values:

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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
Melaleuca Property Inc $1,590,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lease Andrew C $359,650
Previous Owner Lease Andrew C $550,000
Previous Owner Lease Judith L $125,000
Previous Owner Lease Judith L $333,700
Previous Owner Lease Andrew $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 Sold $1,590,000 0.0% $536 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
09/21/2011 09/21/11 For Sale $1,590,000 -- $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
2025 $70,785 $3,114,733 -- --
2024 $71,029 $2,831,576 -- --
2023 $71,029 $2,574,160 $1,149,951 $1,424,209
2022 $61,031 $2,827,261 $0 $0
2021 $54,989 $2,570,238 $1,485,094 $1,085,144
2020 $53,251 $2,482,418 $1,386,088 $1,096,330
2019 $52,199 $2,427,540 $1,320,084 $1,107,456
2018 $49,701 $2,354,739 $1,320,084 $1,034,655
2017 $29,912 $1,295,140 $0 $0
2016 $28,754 $1,177,400 $0 $0
2015 $26,172 $1,070,364 $0 $0
2014 $26,824 $1,166,021 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill Eber

    Seller's Agent in 2012

    Jill Eber

    Coldwell Banker Realty

    (305) 915-2556

    1 in this area

    139 Total Sales

    Jill Eber
    Section Image
  • Felise Eber

    Seller Co-Listing Agent in 2012

    Felise Eber

    Coldwell Banker Realty

    (305) 978-2448

    2 in this area

    74 Total Sales

    Felise Eber
    Section Image
  • Eddy Goicolea

    Buyer's Agent in 2012

    Eddy Goicolea

    Live Work Play Miami Group, LLC.

    (305) 528-9065

    32 Total Sales

    Eddy Goicolea
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1552899

MIAMI REALTORS® MLS

APN: 01-3219-008-0910

Florida Miami/Dade County Miami 33137 Upper East Side South

590 Melaleuca Ln, Miami, FL

This home is located at 590 Melaleuca Ln, Miami, FL 33137 since 21 September 2011 and is currently estimated at $7,764,975, approximately $2,616 per square foot. This property was built in 1948. 590 Melaleuca Ln is a home located in Miami-Dade County with nearby schools including Morningside K-8 Academy, Horace Mann Middle School, and Booker T. Washington Senior High School.

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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