$10,900,000
SOLD MAY 10, 2017
8 Beds
10 Baths
8,500 Sq Ft
0.4 Acres

Recently Sold

$1,282 Per Sq Ft

22% Below List Price

402 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Home Theater
  • North Beach Elementary School Rated A-
  • 2 Bedroom Guest House
  • Newly Remodeled

About This Home

As of May 2017

Private Island, New contemporary home designed by Domo Architecture and developed by Todd Michael Glaser. On a 17,280 SF lot with 80 ft of water front. The home has 8,500 SF of interior space. 8 beds, 8 full bath, 2 half bath, gourmet kitchen, media room, elevator, master sitting room, koi pond, outdoor shower, heated pool/spa. guest house and main house are separate with 2 car garage.

Last Agent to Sell the Property

David Solomon

BHHS EWM Realty License #3185025 Listed on: 01/12/2016

BHHS EWM Realty

Co-Listed By

Esther Percal

BHHS EWM Realty License #0197819

Last Buyer's Agent

Julian Johnston

The Corcoran Group License #3041178

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,826

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.4 Acre Lot
  • 80 Ft Wide Lot
  • Waterfront
  • West Facing Home
  • Property is zoned RS-3

Parking

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

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,500 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Home Theater
  • Water Views
  • Impact Glass

Kitchen

  • Gas Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Private Dock

Additional Homes

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

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Indian Creek Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-003-0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,826

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: EWM 04
  • Co List Office Phone: 305-674-4000
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Indian Creek Sub
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 2 Baths, 2 Bedrooms, Garage
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Elevator, Other, Media Room
  • Spa Yn: No
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 8500
  • Other Equipment: Elevator, Natural Gas
  • Possible Use: Unknown/Withheld
  • Window Features: Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Media Room

Exterior Features

  • Roof: Other
  • View: Other, Water
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Waterfront
  • 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: Driveway, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 02-32-11-003-0080
  • Lot Size Sq Ft: 17280
  • Zoning: RS-3
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 71826

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
May 10, 2017
Sold by
Glaser Todd and Glaser Kim
Bought by
Foglia Kymberly A
Seller's Agent
David Solomon
BHHS EWM Realty
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$13,900,000
Sold Price
$10,900,000
Premium/Discount to List
-$3,000,000
-21.58%
Current Estimated Value
$10,854,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,947
Avg. Annual Appreciation
-1.06%

Purchase Details

Listed on
Nov 2, 2013
Closed on
May 2, 2014
Sold by
Blasberg Larrie S
Bought by
Glaser Todd and Glaser Kim
Seller's Agent
Debbie Blasberg
MMLS Assoc.-Inactive Member
Buyer's Agent
David Lombardi
Lombardi Properties
List Price
$3,899,000
Sold Price
$3,861,000
Premium/Discount to List
-$38,000
-0.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.01%
Original Mortgage
$2,900,000
Interest Rate
4.37%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $10,900,000 Attorney
Warranty Deed $3,861,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,900,000 Seller Take Back
Previous Owner $600,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Stand Alone Second
Previous Owner $0 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2017 05/10/17 Sold $10,900,000 +15471.4% $1,282 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
09/20/2016 09/20/16 Rented $70,000 +42.9% --
07/28/2016 07/28/16 For Rent $49,000 -99.6% --
07/05/2016 07/05/16 Under Contract -- -- --
05/23/2016 05/23/16 Price Changed $12,490,000 0.0% $1,469 / Sq Ft
02/04/2016 02/04/16 For Rent $60,000 0.0% --
01/12/2016 01/12/16 For Sale $13,900,000 +260.0% $1,635 / Sq Ft
05/05/2014 05/05/14 Sold $3,861,000 -2.3% $905 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
11/13/2013 11/13/13 Price Changed $3,950,000 +1.3% $925 / Sq Ft
11/02/2013 11/02/13 For Sale $3,899,000 -- $914 / 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 $196,226 $10,349,892 -- --
2023 $196,226 $10,048,439 $5,443,200 $4,605,239
2022 $181,504 $9,277,027 $0 $0
2021 $167,434 $8,433,661 $3,900,960 $4,532,701
2020 $165,394 $8,295,089 $3,715,200 $4,579,889
2019 $167,392 $8,342,278 $3,715,200 $4,627,078
2018 $170,381 $8,776,999 $4,104,000 $4,672,999
2017 $169,433 $8,586,973 $0 $0
2016 $80,478 $3,516,480 $0 $0
2015 $71,826 $3,332,133 $0 $0
2014 $13,588 $531,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10011424

MIAMI REALTORS® MLS

APN: 02-3211-003-0080