$7,250,000
SOLD JAN 8, 2019
6 Beds
6.5 Baths
6,252 Sq Ft
0.74 Acres

Recently Sold

$1,160 Per Sq Ft

8% Below List Price

335 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • North Beach Elementary School Rated A-
  • Property fronts an intracoastal waterway
  • 1-minute walk to Brittany Bay Park

About This Home

As of July 2021

Opportunity to own last large piece on guarded Island, one block from the ocean! Priced to sell, with 150 ft of waterfront. This exclusive Island is poised to appreciate exponentially. 4 new homes built in last few years + 3 more currently being built. All estate waterfronts only no interior lots. Restore this Grand Dame or build new. Possibility of lot split. New guard house in the works.

Last Agent to Sell the Property

Jeri Jenkins

Coldwell Banker Realty License #0315440 Listed on: 12/12/2017

Coldwell Banker Realty

Last Buyer's Agent

Cyril Matz

Douglas Elliman License #3110560

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,815

Year Built

  • Built in 1930

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 150x216
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Property is zoned 0800

Parking

  • 3 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,252 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Intracoastal Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock
  • Exterior Lighting

Schools

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

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-003-0100

Community Details

Overview

  • No Home Owners Association
  • Indian Creek Sub,Allison Island Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,815

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1930
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Guard-gated island located inside the Indian Creek waterway. 1 block from Ocean. Minutes from La Gorce Country Club, expressways, Mt. Sinai Medical Center & The Shops at Bal Harbour.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size: 150x216
  • 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
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 6252
  • Other Equipment: No Equipment
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Living Room Features: Other

Exterior Features

  • Roof: Barrel Roof
  • View: Intracoastal View, Water
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot, East Of US 1
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: INDIAN CREEK SUB
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

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: No
  • Community Features: Gated Community, Paved Road, Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 02-32-11-003-0100
  • Lot Size Sq Ft: 32400
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 62815

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2022
Sold by
6431 Allison Road Llc
Bought by
Wyden Adam D and Wyden Allison
Current Estimated Value
$12,017,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000,000
Outstanding Balance
$12,647,270
Interest Rate
6.31%
Estimated Equity
-$987,221

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 16, 2021
Sold by
Clara Home Allison Llc
Bought by
6431 Allison Road Llc
Seller's Agent
Oliver Lloyd
Douglas Elliman
Buyer's Agent
Salesperson Non Member
Non-MLS Member
List Price
$15,300,000
Sold Price
$13,875,000
Premium/Discount to List
-$1,425,000
-9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.23%
Original Mortgage
$10,000,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2017
Closed on
Jan 7, 2019
Sold by
Binn Marisol
Bought by
Clara Home Allison Llc
Seller's Agent
Jeri Jenkins
Coldwell Banker Realty
Buyer's Agent
Cyril Matz
Douglas Elliman
List Price
$7,900,000
Sold Price
$7,250,000
Premium/Discount to List
-$650,000
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.38%
Original Mortgage
$7,650,000
Interest Rate
4.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 20, 2016
Sold by
Binn Marisol and Fernandes Marina
Bought by
Binn Marisol and Marina Fernandes Living Trust

Purchase Details

Closed on
Jun 12, 2003
Sold by
Fernandes Jack and Fernandes Marina
Bought by
Fernandes Marina
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
Quit Claim Deed -- --
Warranty Deed $13,875,000 Attorney
Warranty Deed $7,250,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $13,000,000 No Value Available
Previous Owner $10,000,000 New Conventional
Previous Owner $10,000,000 No Value Available
Previous Owner $13,500,000 Commercial
Previous Owner $7,650,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $13,875,000 -9.3% $2,308 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
06/17/2020 06/17/20 For Sale $15,300,000 +111.0% $2,544 / Sq Ft
01/08/2019 01/08/19 Sold $7,250,000 -3.3% $1,160 / Sq Ft
03/23/2018 03/23/18 Price Changed $7,499,000 -5.1% $1,199 / Sq Ft
12/12/2017 12/12/17 For Sale $7,900,000 -- $1,264 / 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 $223,172 $11,818,657 -- --
2023 $223,172 $11,474,425 $5,103,000 $6,371,425
2022 $214,208 $11,165,946 $4,730,400 $6,435,546
2021 $69,617 $3,389,375 $0 $0
2020 $62,054 $3,483,000 $3,483,000 $0
2019 $67,778 $3,272,168 $0 $0
2018 $64,383 $3,211,157 $0 $0
2017 $62,815 $3,145,110 $0 $0
2016 $64,775 $3,080,422 $0 $0
2015 $65,049 $3,059,009 $0 $0
2014 $63,880 $3,034,732 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10386812

MIAMI REALTORS® MLS

APN: 02-3211-003-0100