NOT LISTED FOR SALE

Estimated Value: $6,991,000 - $13,646,451

6 Beds
6.5 Baths
5,524 Sq Ft
$1,822/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $13,300,000 $2,408 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $74,151/month

185 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Property fronts an intracoastal waterway
  • North Beach Elementary School Rated A-
  • Up to 70-Foot Boat
  • Boat Lift

About This Home

As of December 2022

One of Miami's most sought-after waterfront islands! Sunsets & sweeping wide water views from this west facing modern Mediterranean home on private gated Allison Island. Newly renovated, move-in ready, 5,600SF w/ 6BD, 6.5BA on a 16,200SF lot w/ 75FT of yacht friendly deep water & direct bay/ocean access. Great floorplan w/5BD on 2nd floor all w/en-suite baths, walk-in closets & terraces. 3 sitting rooms, mud room, gym, 2-car garage, fully equipped kitchen w/double islands, wine fridge, Miele appliances, laundry & separate pantry w/maids quarters. Crestron system w/built in speakers, updated dock & jet ski lift. Generous enclosed front yard & expansive backyard w/ an oversized mosaic tiled saltwater heated pool w/spa, covered summer kitchen & mature landscaping to ensure ultimate privacy.

Last Agent to Sell the Property

Nancy Batchelor

Compass Florida, LLC. Brokerage Phone: 305-903-2850 License #0416207 Listed on: 05/16/2022

Compass Florida, LLC.

Co-Listed By

Simone Weissman

Compass Florida, LLC. Brokerage Phone: 305-903-2850 License #3238393

Last Buyer's Agent

Dina Goldentayer

Douglas Elliman License #3116846

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $113,963

Year Built

  • Built in 1952

Lot Details

  • 0.37 Acre Lot
  • 75 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Property is zoned 0800

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Guest Parking
  • Open Parking

Property Views

  • Intracoastal
  • Pool

Home Design

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

Interior Spaces

  • 5,524 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Bay Window
  • Arched Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Theater
  • Atrium Room
  • Sun or Florida Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • <<microwave>>
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Boat Lift
  • Up to 70-Foot Boat
  • Deeded Boat Dock
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-003-0480

Community Details

Overview

  • Property has a Home Owners Association
  • Indian Creek Sub,Allison Island Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$113,963

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Directions: With only 50 waterfront homes, Allison Island offers it's residents the ideal mid beach location near La Gorce Country Club, Mount Sinai, Highways and Bal Harbor Shops! Blocks away from beaches!
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock, Dock Owned/Included,Private Dock,Up to 70 Ft Boat
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: INDIAN CREEK SUB,Allison Island
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-903-2850
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, French Doors, Pantry, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Atrium, Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Storage, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 5524
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Complete Impact Glass, Arched Windows, Bay Window(s), High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Kitchen Dining
  • Living Room Features: Atrium, Family Room, Florida Room, Great Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Intracoastal View, Pool, Water
  • Exterior Features: Built-In Grill, Lighting, Open Balcony, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Features: In Ground, Heated, Pool/Spa Combo
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: INDIAN CREEK SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Guest, Paver Block

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated Community
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-11-003-0480
  • Lot Size Sq Ft: 16200
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 113963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Dec 15, 2022
Sold by
Sidman Lori
Bought by
Balci Emre
Seller's Agent
Nancy Batchelor
Compass Florida, LLC.
Buyer's Agent
Dina Goldentayer
Douglas Elliman
List Price
$16,300,000
Sold Price
$13,300,000
Premium/Discount to List
-$3,000,000
-18.4%
Views
33
Current Estimated Value
$10,063,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,236,516
Avg. Annual Appreciation
-10.21%
Original Mortgage
$10,000,000
Outstanding Balance
$9,681,210
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$382,274

Purchase Details

Closed on
Nov 17, 2020
Sold by
Matlick Erik G and Matlick Alice Anne
Bought by
Sidman Lori

Purchase Details

Closed on
Nov 7, 2016
Sold by
Matlick Erik G and Matlick Alice Anne Scharf
Bought by
Matlick Erick G and Matlick Alice Anne Scharf

Purchase Details

Listed on
Nov 25, 2011
Closed on
Apr 26, 2012
Sold by
Bennati Audrey
Bought by
Matlick Erik A
Seller's Agent
Robert Ziehm
Sterling Equity Realty LLC
Buyer's Agent
Jeri Jenkins
Coldwell Banker Realty
List Price
$2,700,000
Sold Price
$2,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$950,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 23, 2001
Sold by
Jorge G Pulido M and Jorge Monica L
Bought by
Bennati Pier F and Bennati Audrey
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
Balci Emre $13,300,000 Florida Secured Title
Sidman Lori $7,412,800 Attorney
Matlick Erick G $414,100 Attorney
Matlick Erik A $2,700,000 Attorney
Bennati Pier F $1,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balci Emre $10,000,000
Previous Owner Matlick Erik $966,000
Previous Owner Matlick Erik A $950,000
Previous Owner Garcia-Pulido Jorge $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $13,300,000 -13.1% $2,408 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $15,300,000 -6.1% $2,770 / Sq Ft
05/16/2022 05/16/22 For Sale $16,300,000 +503.7% $2,951 / Sq Ft
04/27/2012 04/27/12 Sold $2,700,000 0.0% $717 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
11/25/2011 11/25/11 For Sale $2,700,000 -- $717 / 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 $220,946 $11,333,323 $9,396,000 $1,937,323
2023 $220,946 $11,356,607 $9,396,000 $1,960,607
2022 $124,666 $6,230,755 $0 $0
2021 $113,963 $5,664,323 $3,657,150 $2,007,173
2020 $78,481 $3,846,480 $0 $0
2019 $89,850 $4,381,635 $3,483,000 $898,635
2018 $94,013 $4,756,843 $3,847,500 $909,343
2017 $92,450 $4,671,826 $0 $0
2016 $102,249 $4,980,736 $0 $0
2015 $62,107 $2,390,770 $0 $0
2014 $47,769 $2,173,428 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11204991

MIAMI REALTORS® MLS

APN: 02-3211-003-0480