NOT LISTED FOR SALE

Estimated Value: $7,281,000 - $12,016,148

6 Beds
6.5 Baths
8,147 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $6,500,000 $798 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $63,309/month

194 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Sitting Area In Primary Bedroom
  • South Pointe Elementary School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

As of February 2021

It is hard to imagine a more wonderful setting than 70 North Hibiscus. This newly built 6 bed, 6/1 bath masterpiece - on a corner lot - features 22 ft high ceilings, white oak hardwood floors and a stunning glass enclosed outdoor balcony. The kitchen is an epicurean delight with large cooking island, Miele and Wolf appliances The Dining Room room opens to the outdoor terrace w a kitchen and bar - perfect for seamless indoor/outdoor entertaining. The master bedroom features a sitting area, his and hers closets and ample master bathroom. Outside enjoy lounging by the lap pool in the covered terrace. Enjoy the epitome of Miami lifestyle in a gated community minutes from downtown and the beaches.Adjacent lot on 121 E 3 CT also available for purchase w property (for an additional cost).

Last Agent to Sell the Property

Lourdes Alatriste

Douglas Elliman License #0693485 Listed on: 06/25/2020

Douglas Elliman

Last Buyer's Agent

Valentina Grajales

Cervera Real Estate Inc. License #3104367

Cervera Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,766

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.33 Acre Lot
  • East Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,147 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Home Theater

Kitchen

  • Dishwasher
  • Cooking Island
  • Trash Compactor
  • Disposal

Flooring

  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Closet Cabinetry

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-32-005-0090

Community Details

Overview

  • No Home Owners Association
  • Hibiscus Island Subdivision

Recreation

  • Tennis Courts

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,766

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: HIBISCUS ISLAND
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Family Room, Media Room
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Marble, Vinyl
  • Furnished: Unfurnished
  • Living Area: 8147
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Master Bedroom
  • Living Room Features: Family Room, Media Room

Exterior Features

  • Roof: Flat Tile
  • View: Garden, Pool
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: HIBISCUS ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • 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: Tennis Court(s), Gated Community, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-32-005-0090
  • Lot Size Sq Ft: 14375
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 32766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Feb 17, 2021
Sold by
Truchot Teddy and Truchot Pauline
Bought by
4731 Lake Road Inc
Seller's Agent
Lourdes Alatriste
Douglas Elliman
Buyer's Agent
Valentina Grajales
Cervera Real Estate Inc.
List Price
$6,950,000
Sold Price
$6,500,000
Premium/Discount to List
-$450,000
-6.47%
Current Estimated Value
$9,690,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,190,383
Avg. Annual Appreciation
9.17%
Original Mortgage
$2,500,000
Outstanding Balance
$2,169,931
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$7,520,452

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jun 18, 2015
Sold by
Collins Jonathan Andrew and Collins Jessica
Bought by
Campbell Regina M and Santorini Revocable Living Trust
Seller's Agent
Jessica Collins
MMLS Assoc.-Inactive Member
Buyer's Agent
Bohdan Mastykaz
Compass Florida, LLC
List Price
$2,750,000
Sold Price
$2,400,000
Premium/Discount to List
-$350,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.21%

Purchase Details

Closed on
Dec 27, 2007
Sold by
Cabbani Ronaldo and Gimenez Maria
Bought by
Collins Jonathan Andrew

Purchase Details

Closed on
Sep 29, 2004
Sold by
Ares Aristotle and Ares Artemis
Bought by
Cabbani Ronaldo and Gimenez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
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
4731 Lake Road Inc $6,500,000 Attorney
Campbell Regina M $2,400,000 Attorney
Collins Jonathan Andrew $2,036,000 Attorney
Cabbani Ronaldo $1,012,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4731 Lake Road Inc $2,500,000
Previous Owner Truchot Teddy $2,400,000
Previous Owner Collins Jonathan A $600,000
Previous Owner Collins Jonathan Andrew $235,000
Previous Owner Cabbani Ronaldo M $350,000
Previous Owner Cabbani Ronaldo M $100,000
Previous Owner Cabbani Ronaldo $810,000
Previous Owner Ares Aristotle $600,000
Previous Owner Ares Aristotle $350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $6,500,000 -6.5% $798 / Sq Ft
01/06/2021 01/06/21 For Sale $6,950,000 0.0% $853 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
06/25/2020 06/25/20 For Sale $6,950,000 +189.6% $853 / Sq Ft
06/18/2015 06/18/15 Sold $2,400,000 -12.7% $768 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $2,750,000 -- $880 / 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 $131,005 $7,061,224 $3,881,250 $3,179,974
2024 $119,296 $6,665,338 -- --
2023 $119,296 $6,059,399 $0 $0
2022 $106,426 $5,508,545 $2,127,500 $3,381,045
2021 $30,147 $1,437,500 $1,437,500 $0
2020 $30,221 $1,437,500 $1,437,500 $0
2019 $32,766 $1,567,450 $1,567,450 $0
2018 $29,331 $1,437,500 $1,437,500 $0
2017 $35,677 $1,736,385 $0 $0
2016 $39,664 $1,937,510 $0 $0
2015 $19,252 $934,708 $0 $0
2014 $19,904 $927,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10883214

MIAMI REALTORS® MLS

APN: 02-3232-005-0090