NOT LISTED FOR SALE

661 Melaleuca Ln Miami, FL 33137

Upper East Side South Neighborhood

Estimated Value: $7,984,000 - $9,090,000

5 Beds
4.5 Baths
5,266 Sq Ft
$1,631/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $9,500,000 $1,804 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $49,734/month

58 Days on Market

Highlights

  • New Construction
  • Recreation Room
  • Main Floor Bedroom
  • In Ground Pool
  • Wood Flooring
  • Golf Cart Parking

About This Home

As of March 2024

Bay Point modern masterpiece where luxury meets contemporary elegance boasting exquisite, timeless appeal, sophisticated design finishes throughout, true modern living. Striking 18ft façade welcomes you to airy and open ambiance. Enhancing a sense of grandeur w/ 10ft ceilings, 5 BR, 4.5 BA, wide European plank oak floors, 9ft Italian doors, Italian black scrapped wood & glass kitchen w/ honed marble backsplash, 60-inch Viking gas range, exotic marble countertop, floor-to-ceiling impact windows allowing ethereal light abundance. Grand 1,000SF master suite & office on 2nd floor making it a retreat within the home, custom his & hers closets, marble master bath. The home wraps around its expansive lush yard & salt-water pristine pool. Located in prestigious guarded & gated Bay Point Estates.

Last Agent to Sell the Property

Jonathan Garcia

One Sotheby's International Realty License #3264238 Listed on: 10/11/2023

Last Buyer's Agent

Tim Lobanov

Verzasca International Realty License #3265021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,706

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Southeast Facing Home
  • Property is zoned 0100

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 6 Car Garage
  • Driveway
  • Open Parking
  • Golf Cart Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 5,266 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Built-In Features
  • Double Hung Metal Windows
  • Formal Dining Room
  • Den
  • Recreation Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • In Ground Pool
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Club Membership Required
  • Bay Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-1090

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,706

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$333 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BAY POINT
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Den/Library/Office, Recreation Room
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 5266
  • Other Equipment: Natural Gas
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Double Hung Metal, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Recreation Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete
  • View: None
  • Direction Faces: Southeast
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAY POINT
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart Parking, Limited # Of Vehicle

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: 4000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: None
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-19-008-1090
  • Lot Size Sq Ft: 13277
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 42706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Mar 22, 2024
Sold by
Karakhanian Alex and Karakhanian Rena
Bought by
Temkin Natalia
Seller's Agent
Jonathan Garcia
One Sotheby's International Realty
Buyer's Agent
Tim Lobanov
Verzasca International Realty
List Price
$10,200,000
Sold Price
$9,500,000
Premium/Discount to List
-$700,000
-6.86%
Views
72
Current Estimated Value
$8,591,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$908,906
Avg. Annual Appreciation
-6.32%

Purchase Details

Listed on
Mar 1, 2014
Closed on
Mar 27, 2014
Sold by
661 Bay Point Project Llc
Bought by
Karakhanian Alex and Karakhanian Rena
Seller's Agent
Dora Puig
MMLS Assoc.-Inactive Member
Buyer's Agent
Jesse Christal
Yale Real Estate, LLC
List Price
$1,610,000
Sold Price
$1,610,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.44%

Purchase Details

Closed on
Nov 24, 2010
Sold by
Jacobsen Kim K
Bought by
661 Bay Point Project Llc
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
Temkin Natalia $9,500,000 None Listed On Document
Karakhanian Alex $1,610,000 Attorney
661 Bay Point Project Llc $700,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $9,500,000 -6.9% $1,804 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $10,200,000 +533.5% $1,937 / Sq Ft
04/15/2014 04/15/14 For Sale $1,610,000 0.0% $542 / Sq Ft
03/28/2014 03/28/14 Sold $1,610,000 -- $542 / Sq Ft View Prior Sale
03/20/2014 03/20/14 Pending -- -- --
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 $44,072 $6,741,430 $2,655,400 $4,086,030
2024 $43,881 $2,222,755 -- --
2023 $43,881 $2,158,015 $0 $0
2022 $42,706 $2,095,161 $0 $0
2021 $42,711 $2,034,137 $0 $0
2020 $42,218 $2,006,053 $0 $0
2019 $41,351 $1,960,952 $902,836 $1,058,116
2018 $23,342 $1,138,251 $902,836 $235,415
2017 $28,443 $1,324,734 $0 $0
2016 $28,368 $1,260,613 $0 $0
2015 $25,862 $1,146,012 $0 $0
2014 $18,364 $737,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Garcia

    Seller's Agent in 2024

    Jonathan Garcia

    One Sotheby's International Realty

    (305) 209-1634

    2 in this area

    48 Total Sales

    Jonathan Garcia
    Section Image
  • Tim Lobanov

    Buyer's Agent in 2024

    Tim Lobanov

    Verzasca International Realty

    (305) 749-5819

    1 in this area

    3 Total Sales

    Tim Lobanov
    Section Image

  • D

    Seller's Agent in 2014

    Dora Puig

    MMLS Assoc.-Inactive Member

    Section Image

  • J

    Buyer's Agent in 2014

    Jesse Christal

    Yale Real Estate, LLC

    (305) 532-1400

    Jesse Christal
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11461954

MIAMI REALTORS® MLS

APN: 01-3219-008-1090

Florida Miami/Dade County Miami 33137 Upper East Side South

661 Melaleuca Ln, Miami, FL

This home is located at 661 Melaleuca Ln, Miami, FL 33137 since 11 October 2023 and is currently estimated at $8,591,094, approximately $1,631 per square foot. This property was built in 2019. 661 Melaleuca Ln is a home located in Miami-Dade County with nearby schools including Morningside K-8 Academy, Horace Mann Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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