NOT LISTED FOR SALE

5982 Paradise Point Dr Palmetto Bay, FL 33157

Estimated Value: $1,625,000 - $1,794,000

3 Beds
3.5 Baths
3,290 Sq Ft
$522/Sq Ft Est. Value

Last Sold August 07, 2014

Last sale price $650,000 $198 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $10,651/month

134 Days on Market

Highlights

  • Marina
  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • Coral Reef Elementary School Rated A
  • Deeded Boat Dock
  • Fitness Center

About This Home

As of August 2014

Come see all of Miami from this roof top deck! Boat slip right out back included!! Gorgeous views from every level. Bay, Key Biscayne, South Beach, Deering Bay Golf Course, and Downtown vistas. Elevator from entry level to roof top. Second floor includes family room, volume ceilings and oversized built-in. Mahogany railings-huge master suite on the third floor. Private and gated community includes: Private beach, club house, play area, tennis, pool, BBQ/Picnic area.

Last Agent to Sell the Property

Wendy Levy-Jackson

Compass Florida, LLC License #0342767 Listed on: 03/11/2014

Compass Florida, LLC

Co-Listed By

Adam Levy

Compass Florida, LLC License #0639784

Last Buyer's Agent

Maria Picayo

MMLS Assoc.-Inactive Member License #3178246

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,691

Year Built

  • Built in 1985

Lot Details

  • 2,501 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home

HOA Fees

  • $611 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,290 Sq Ft Home
  • Vaulted Ceiling
  • Skylights
  • Single Hung Metal Windows
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Bay Views
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Dual Sinks
  • Roman Tub
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Deeded Boat Dock
  • Patio
  • Exterior Lighting

Schools

  • Coral Reef Elementary School
  • Southwood Middle School
  • Miami Palmetto High School

Additional Features

  • Accessible Elevator Installed
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 33-50-25-005-0390

Community Details

Overview

  • Royal Harbour Yacht Club Condos
  • Royal Harbour Yacht Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Kitchen
  • Elevator

Recreation

  • Marina
  • Private Beach Pavilion
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Secure Elevator

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,691

Year Built

Built in 1985

Lot Details

0

HOA Fees

$611 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Townhouse
  • Architectural Style: Multi Level
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: Royal Harbour Yacht
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Elevator, Entrance Foyer, Pantry, Roman Tub, Skylight, Volume Ceilings
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 3290
  • Possible Use: Unknown/Withheld
  • Window Features: Skylight, Single Hung Metal, Sliding
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Master Bathroom Features: Dual Sinks, Whirlpool/Spa

Exterior Features

  • View: Bay, Water View
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Royal Harbour Yacht Club
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Guest

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Security System, Elevator Secure, Guard At Site, Security Patrol

Condo/Co-op/Association

  • Association Fee: 1833
  • Amenities: Basketball Court, Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Kitchen Facilities, Exterior Lighting, Marina, Child Play Area, Pool, Private Beach Pavilion
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Coral Reef
  • High School: Miami Palmetto
  • Middle Or Junior School: Southwood

Lot Info

  • Parcel Number: 33-50-25-005-0390
  • Lot Size Sq Ft: 2501
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 8691

Multi Family

  • Maintenance Expense: 1833

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2018
Sold by
Picayo Jose and Picayo Maria E
Bought by
Picayo Jose and Picayo Maria E
Current Estimated Value
$1,745,618

Purchase Details

Closed on
Oct 28, 2014
Sold by
Averette Barkley
Bought by
Picayo Jose and Picayo Maria

Purchase Details

Listed on
Mar 11, 2014
Closed on
Aug 7, 2014
Sold by
Averette Barkley
Bought by
Picayo Jose and Picayo Maria
Seller's Agent
Wendy Levy-Jackson
Compass Florida, LLC
Buyer's Agent
Maria Picayo
MMLS Assoc.-Inactive Member
List Price
$849,000
Sold Price
$650,000
Premium/Discount to List
-$199,000
-23.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Nov 30, 2005
Sold by
Averette Barkley
Bought by
Averette Barkley
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
Picayo Jose -- Attorney
Picayo Jose -- Attorney
Picayo Jose $750,000 Attorney
Averette Barkley -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2014 08/07/14 Sold $650,000 -18.6% $198 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
07/07/2014 07/07/14 Price Changed $799,000 +9.5% $243 / Sq Ft
06/12/2014 06/12/14 Price Changed $730,000 -14.0% $222 / Sq Ft
05/30/2014 05/30/14 For Sale $849,000 0.0% $258 / Sq Ft
04/27/2014 04/27/14 Pending -- -- --
04/09/2014 04/09/14 Price Changed $849,000 -5.6% $258 / Sq Ft
03/11/2014 03/11/14 For Sale $899,000 -- $273 / 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 $10,298 $608,918 -- --
2024 $9,986 $591,758 -- --
2023 $9,986 $574,523 $0 $0
2022 $9,807 $557,790 $0 $0
2021 $9,808 $541,544 $0 $0
2020 $9,694 $534,068 $0 $0
2019 $9,485 $522,061 $0 $0
2018 $9,093 $512,327 $0 $0
2017 $9,067 $501,790 $0 $0
2016 $8,870 $491,470 $0 $0
2015 $9,026 $488,054 $0 $0
2014 $8,709 $462,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1919650

MIAMI REALTORS® MLS

APN: 33-5025-005-0390