NOT LISTED FOR SALE

Estimated Value: $3,639,000 - $41,825,052

1.6 Acres
$10,831,052 Price per Acre
69,696 Sq Ft Lot

Last Sold June 18, 2018

Last sale price $18,500,000 $1,511 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $134,717/month

932 Days on Market

Highlights

  • Private Dock
  • Property Fronts a Bay or Harbor
  • No HOA
  • North Beach Elementary School Rated A-
  • 1.6 Acre Lot
  • Landscaped with Trees

About This Lot

As of June 2018

Located on prestigious North Bay Rd, this spectacular property with much history is known as Whitehall. This is one of the largest land areas available on Miami Beach w/nearly 2 acres. Wide bayfront with stunning, unobstructed views towards Downtown Miami Skyline. Built in 1956, this private bayfront estate is perfect for that special buyer seeking an exceptional opportunity to develop or renovate & restore the story of luxury of one of Miami's gems steeped in history. Deep water dockage & pool.

Last Agent to Sell the Property

Jill Eber

Coldwell Banker Realty License #0333469 Listed on: 08/13/2017

Coldwell Banker Realty

Co-Listed By

Jill Hertzberg

Coldwell Banker Realty License #0551544

Last Buyer's Agent

Jill Eber

Coldwell Banker Realty License #0333469 Listed on: 08/13/2017

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $322,245

Lot Details

  • 1.6 Acre Lot
  • Property Fronts a Bay or Harbor
  • Dirt Road
  • East Facing Home
  • Landscaped with Trees
  • Property is zoned 21/EST 1

Additional Features

  • Bay Views
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 02-32-15-002-0020

Community Details

Overview

  • No Home Owners Association
  • 10 15 53 42 La Gorce Golf Condos
  • 10 15 53 42 La Gorce Golf Subdivision

Recreation

  • No Fixed Bridges
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$322,245

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size Acres: 1.6
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Paved Road, Public Road
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Residential
  • Subdivision Name: 10-15 53 42 LA GORCE GOLF
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • View: Bay View
  • Direction Faces: East
  • Lot Features: City Location, Dirt, 1 To Less Than 2 Acre Lot, Other
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 10-15 53 42 LA GORCE GOLF

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-15-002-0020
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 70470
  • Zoning: 21/EST 1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 322245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
Bay Road Property Llc
Bought by
Ranger 5930 Llc
Current Estimated Value
$17,420,121

Purchase Details

Listed on
Aug 13, 2017
Closed on
Jun 18, 2018
Sold by
Frohock Christina M
Bought by
Bay Road Property Llc
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Jill Eber
Coldwell Banker Realty
List Price
$23,500,000
Sold Price
$18,500,000
Premium/Discount to List
-$5,000,000
-21.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.61%
Original Mortgage
$111,000
Interest Rate
4.57%

Purchase Details

Closed on
Apr 14, 1999
Sold by
The Elizabeth Kane Corp
Bought by
American Leisure Resorts Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,937,500
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 1996
Sold by
Friedman Mark
Bought by
Elizabeth Kane Corp Of Florida Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
8.02%

Purchase Details

Closed on
Sep 3, 1996
Sold by
Ali Sheika Fiza Helmi
Bought by
Friedman Mark
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ranger 5930 Llc $45,000,000 None Listed On Document
Bay Road Property Llc $18,500,000 First American Title Insuran
American Leisure Resorts Inc $3,937,500 --
Elizabeth Kane Corp Of Florida Inc $3,692,000 --
Friedman Mark $2,900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friedman Mark $111,000
Previous Owner Friedman Mark $6,650,000
Previous Owner Friedman Mark $1,937,500
Previous Owner Friedman Mark $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2018 06/18/18 Sold $18,500,000 -9.8% $1,511 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
01/20/2018 01/20/18 Price Changed $20,500,000 -12.8% $1,674 / Sq Ft
10/27/2015 10/27/15 For Sale $23,500,000 -- $1,919 / 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 $472,081 $36,374,250 $36,374,250 --
2024 $453,111 $20,245,907 -- --
2023 $453,111 $18,405,370 $0 $0
2022 $374,521 $16,732,155 $0 $0
2021 $320,470 $16,222,915 $0 $0
2020 $285,517 $14,748,105 $14,748,105 $0
2019 $285,796 $14,748,105 $14,748,105 $0
2018 $273,613 $14,570,152 $12,143,709 $2,426,443
2017 $282,531 $13,217,957 $0 $0
2016 $322,245 $12,016,325 $0 $0
2015 $298,327 $10,923,932 $0 $0
2014 $233,389 $9,930,848 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10327087

MIAMI REALTORS® MLS

APN: 02-3215-002-0020