$17,550,000
SOLD JUL 10, 2023
0.46 Acre
$38,152,174 Price per Acre
20,038 Sq Ft Lot

Recently Sold

$1,969 Per Sq Ft

12% Below List Price

77 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Gated Community
  • North Beach Elementary School Rated A-
  • Boat Lift
  • Waterfront

About This Lot

As of July 2025

Build your Dream house or Renovate this Mediterranean Masterpiece located on coveted Allison Island, one of Miami Beach’s top gated neighborhoods. Trophy property located on Point of Allison Island with 170' of water frontage. Sweeping views of sunsets, deep inlet and neighboring islands. 8 Bedrooms and 8 1/2 Baths + Office and Playroom. 11,000 SQFT+ including Terraces and 3 Car Garage. Call/Text preferred contact number for further information

Last Agent to Sell the Property

Cristina Ben-shmuel

Realty Hub License #3029789 Listed on: 04/06/2023

Realty Hub

Last Buyer's Agent

Jonathan Bigelman

One Sotheby's International Realty License #3460340

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $224,657

Lot Details

  • 0.46 Acre Lot
  • 170 Ft Wide Lot
  • Waterfront
  • East Facing Home
  • Landscaped with Trees
  • Property is zoned 2100

Listing and Financial Details

  • Assessor Parcel Number 02-32-11-067-0020

Community Details

Overview

  • No Home Owners Association
  • Marks Land Condos
  • Marks Land Subdivision

Security

  • Gated Community

Recreation

  • Property has ocean access
  • No Fixed Bridges
  • Canal Width is 121 Feet or More
  • Seawall
  • Boat Lift
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$224,657

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Inclusions: Boatlift,Private Dock
  • Lot Size Acres: 0.46
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: MARKS LAND
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Primary

Exterior Features

  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, No Misc/Improvements
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Width 121 Feet Or More, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MARKS LAND

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community

Lot Info

  • Parcel Number: 02-32-11-067-0020
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 20052
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 224657

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Jul 10, 2023
Sold by
6640 Allison Road Llc
Bought by
6640 Allison Road Land Trust and Lipschutz
Seller's Agent
Cristina Ben-shmuel
Realty Hub
Buyer's Agent
Jonathan Bigelman
One Sotheby's International Realty
List Price
$19,975,000
Sold Price
$17,550,000
Premium/Discount to List
-$2,425,000
-12.14%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.94%

Purchase Details

Closed on
Jul 7, 2021
Sold by
Fish Bruce Raymond and Fish Hilda
Bought by
6640 Allison Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,500,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 4, 2000
Sold by
Jamal Abdul S and Jamal Shah B
Bought by
Fish Bruce R

Purchase Details

Closed on
Jan 10, 2000
Sold by
Markitell Ernest B and Markitell Dena
Bought by
Weissmann Arthur and Harris Trudy E

Purchase Details

Closed on
Dec 16, 1999
Sold by
Jamal Abdul S and Jamal Shah B
Bought by
Markitell Ernest B and Markitell James W
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 Type Sale Price Title Company
Warranty Deed $17,550,000 None Listed On Document
Warranty Deed $14,500,000 Attorney
Warranty Deed $2,150,000 --
Warranty Deed $1,510,000 --
Warranty Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $8,500,000 Construction
Previous Owner $975,651 New Conventional
Previous Owner $960,000 VA
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Sold $16,500,000 -10.8% $1,852 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
06/11/2025 06/11/25 Price Changed $18,500,000 -7.0% $2,076 / Sq Ft
04/24/2025 04/24/25 Price Changed $19,900,000 -9.5% $2,233 / Sq Ft
04/08/2025 04/08/25 For Sale $22,000,000 +25.4% $2,469 / Sq Ft
07/10/2023 07/10/23 Sold $17,550,000 -5.1% $1,969 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
05/23/2023 05/23/23 Price Changed $18,500,000 -7.4% $2,076 / Sq Ft
04/06/2023 04/06/23 For Sale $19,975,000 -- $2,242 / 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 $291,084 $14,076,265 $11,028,600 $3,047,665
2024 $281,060 $14,699,723 $11,630,160 $3,069,563
2023 $281,060 $12,894,249 $0 $0
2022 $224,657 $11,722,045 $5,855,184 $5,866,861
2021 $54,141 $2,606,979 $0 $0
2020 $53,788 $2,570,986 $0 $0
2019 $53,642 $2,513,183 $0 $0
2018 $50,942 $2,466,323 $0 $0
2017 $49,485 $2,415,596 $0 $0
2016 $51,458 $2,365,912 $0 $0
2015 $51,557 $2,349,466 $0 $0
2014 $50,150 $2,330,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11368194

MIAMI REALTORS® MLS

APN: 02-3211-067-0020