NOT LISTED FOR SALE

Estimated Value: $7,686,000 - $9,354,225

7 Beds
7 Baths
3,558 Sq Ft
$2,402/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $8,180,000 $2,299 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $59,023/month

245 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Boat Lift
  • North Beach Elementary School Rated A-
  • Guest House
  • 2-minute walk to Brittany Bay Park

About This Home

As of May 2024

This exceptional property on Allison Island in Miami Beach presents a unique opportunity to build your dream home in one of the city's most exclusive gated communities. With breathtaking water views & stunning sunrises as your daily backdrop, this is a setting like no other. Included in this offering are fully permitted architectural plans by renowned architect Cesar Molina. These plans are designed for a modern tropical masterpiece boasting 7 bedrooms & 7 bathrooms, spread across 8,000 square feet of luxurious interior space. With a generous 16,200-square-foot lot, this property boasts an impressive 75 feet of water frontage along with a brand-new seawall, dock & lift. This property features a charming Mediterranean home with 4 bedrooms. The home offers a comfortable & spacious interior

Last Agent to Sell the Property

Cyril Matz

Douglas Elliman License #3110560 Listed on: 09/05/2023

Douglas Elliman

Last Buyer's Agent

Cyril Matz

Douglas Elliman License #3110560 Listed on: 09/05/2023

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $145,206

Year Built

  • Built in 1937

Lot Details

  • 0.37 Acre Lot
  • 75 Ft Wide Lot
  • Home fronts a canal
  • West Facing Home
  • Property is zoned 0800

Parking

  • 3 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 3,558 Sq Ft Home
  • 2-Story Property
  • Home Theater
  • Canal Views
  • Washer

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Concrete
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Outdoor Features

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

Additional Features

  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-003-0160

Community Details

Overview

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$145,206

Year Built

Built in 1937

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock, Lift
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: INDIAN CREEK SUB
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Media Room
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Flooring: Concrete, Marble
  • Furnished: Unfurnished
  • Living Area: 3558
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level
  • Living Room Features: Guest House, Media Room

Exterior Features

  • Roof: Barrel Roof
  • View: Canal
  • Exterior Features: Lighting
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Guest House
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: INDIAN CREEK SUB
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular 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 Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Street Lights
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-32-11-003-0160
  • Lot Size Sq Ft: 16200
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 145206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
May 8, 2024
Sold by
Acw2021 Land Trust and Land Trust No 2401-3380-00
Bought by
6525 Allison Irrevocable Trust and Mendelson
Seller's Agent
Cyril Matz
Douglas Elliman
Buyer's Agent
Cyril Matz
Douglas Elliman
List Price
$10,500,000
Sold Price
$8,180,000
Premium/Discount to List
-$2,320,000
-22.1%
Views
159
Current Estimated Value
$8,545,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,056
Avg. Annual Appreciation
3.01%

Purchase Details

Listed on
Apr 5, 2021
Closed on
Aug 20, 2021
Sold by
6525 Allison Llc
Bought by
City National Bank Of Florida
Seller's Agent
Nancy Batchelor
Compass Florida, LLC
Buyer's Agent
Ryan Mendell
Maxwell E Realty Inc
List Price
$8,995,000
Sold Price
$9,100,000
Premium/Discount to List
$105,000
1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.84%
Original Mortgage
$20,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 29, 2020
Closed on
Mar 1, 2021
Sold by
Beloff Jonathan D and Beloff Marisue
Bought by
6525 Allison Llc
Seller's Agent
Ida Schwartz
Compass Florida, LLC
Buyer's Agent
Nancy Batchelor
Compass Florida, LLC
List Price
$5,800,000
Sold Price
$5,171,250
Premium/Discount to List
-$628,750
-10.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
232.83%
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
6525 Allison Irrevocable Trust $8,180,000 Seagull Title
City National Bank Of Florida $9,100,000 Attorney
6525 Allison Llc $5,171,300 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner City National Bank Of Florida $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2024 05/08/24 Sold $8,180,000 -13.9% $2,299 / Sq Ft
10/23/2023 10/23/23 Price Changed $9,500,000 -9.5% $2,670 / Sq Ft
09/05/2023 09/05/23 For Sale $10,500,000 +15.4% $2,951 / Sq Ft
08/20/2021 08/20/21 Sold $9,100,000 -2.2% $2,558 / Sq Ft View Prior Sale
08/20/2021 08/20/21 Price Changed $9,300,000 0.0% $2,614 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
04/23/2021 04/23/21 Price Changed $9,300,000 +3.4% $2,614 / Sq Ft
04/05/2021 04/05/21 For Sale $8,995,000 +73.9% $2,528 / Sq Ft
03/01/2021 03/01/21 Sold $5,171,250 -10.8% $1,453 / Sq Ft View Prior Sale
12/11/2020 12/11/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $5,800,000 0.0% $1,630 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/05/2020 10/05/20 Price Changed $5,800,000 -6.5% $1,630 / Sq Ft
06/29/2020 06/29/20 For Sale $6,200,000 -- $1,743 / 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 $170,494 $6,212,102 $5,670,000 $542,102
2024 $155,106 $8,282,370 $5,589,000 $2,693,370
2023 $155,106 $7,831,248 $5,103,000 $2,728,248
2022 $145,206 $7,493,525 $4,730,400 $2,763,125
2021 $16,008 $631,990 $0 $0
2020 $16,081 $623,265 $0 $0
2019 $16,747 $609,253 $0 $0
2018 $15,807 $597,894 $0 $0
2017 $14,636 $585,597 $0 $0
2016 $16,642 $573,553 $0 $0
2015 $16,293 $569,567 $0 $0
2014 $14,274 $565,047 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11447603

MIAMI REALTORS® MLS

APN: 02-3211-003-0160