NOT LISTED FOR SALE

708 88th St Surfside, FL 33154

Estimated Value: $5,627,000 - $7,992,000

6 Beds
6.5 Baths
6,144 Sq Ft
$1,179/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $4,500,000 $732 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $44,975/month

301 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Newly Remodeled
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Home Theater
  • In Ground Pool

About This Home

As of December 2017

Amazing opportunity to own a brand new never lived in waterfront home in Miami Beach. At $800/sf this is the best deal for a new home in Miami Beach. Featuring a 6,144 sf interior w/ Vena Grigio Italian Marble, Italian kitchen w/ sub-zero & wolf appliances, TV Room, office, formal great room, dining room, maids quarters. 2nd floor boasts wood floors, grand master suite, 3 bedrooms & family room. Outdoor space w/ amazing views, wolf kitchen, pool, boat dock, new seawall. Nothing but the best finishes!

Last Agent to Sell the Property

Bryan Sereny

Douglas Elliman License #3074829 Listed on: 01/18/2017

Douglas Elliman

Co-Listed By

Billy Hernandez

Douglas Elliman License #3125385

Last Buyer's Agent

Vanessa Frank

One Sotheby's International Realty License #3242396

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,761

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 10,050 Sq Ft Lot
  • Lot Dimensions are 50x201
  • Home fronts a canal
  • South Facing Home
  • Property is zoned RS-1

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Paver Block

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,144 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Great Room
  • Home Theater
  • Den
  • Canal Views
  • High Impact Door

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Laundry Tub

Outdoor Features

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Normandy Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-22-35-005-4020

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,761

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size: 50x201
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: NORMANDY BEACH
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry, Cooking Island, Laundry Tub, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Great Room, Maid/In-Law Quarters, Media Room
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 6144
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Great Room, Maid/In-Law Quarters, Media Room

Exterior Features

  • Roof: Other
  • View: Canal
  • Exterior Features: Built-In Grill, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Other Lot Description
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: NORMANDY BEACH
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 14-22-35-005-4020
  • Lot Size Sq Ft: 10050
  • Zoning: RS-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 19761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Rozencwaig Leslie Alan and The Frank Family Trust
Bought by
Frank David and Ainzuain Vanessa Veronica
Current Estimated Value
$7,240,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Outstanding Balance
$2,648,353
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$5,623,038

Purchase Details

Listed on
Jan 18, 2017
Closed on
Dec 28, 2017
Sold by
Greeneco Investments Llc
Bought by
Rozencwaig Leslie Alan
Seller's Agent
Bryan Sereny
Douglas Elliman
Buyer's Agent
Vanessa Frank
One Sotheby's International Realty
List Price
$4,950,000
Sold Price
$4,500,000
Premium/Discount to List
-$450,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%

Purchase Details

Listed on
Oct 4, 2011
Closed on
Jun 21, 2013
Sold by
Strand Retail Llc
Bought by
Greeneco Investments Llc
Seller's Agent
Alexander Sherman
Affinity International Realty
Buyer's Agent
Juan de Jongh
Colfax Realty International Inc
List Price
$1,180,000
Sold Price
$1,100,000
Premium/Discount to List
-$80,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.57%

Purchase Details

Closed on
Mar 28, 2008
Sold by
Lenis Enrique
Bought by
Strand Retail Llc

Purchase Details

Closed on
Feb 15, 2007
Sold by
Stuart Andrew and Stuart Allison
Bought by
Lenis Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
6.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2004
Sold by
Fernandez Jesus and Mendoza Esteban
Bought by
Stuart Andrew and Stuart Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 18, 2003
Sold by
Echevarria Herman
Bought by
Fernandez Jesus and Mendoza Esteban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,500
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2002
Sold by
Peter Hazl I
Bought by
Echevarria Herman

Purchase Details

Closed on
Oct 4, 1999
Sold by
Gomez Julio M and Gomez Jeanette
Bought by
Hazland Peter and Furlong Roberta
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
Frank David $4,900,000 Attorney
Rozencwaig Leslie Alan $4,500,000 Attorney
Greeneco Investments Llc $1,100,000 Attorney
Strand Retail Llc -- None Available
Lenis Enrique $1,100,000 Attorney
Stuart Andrew $815,000 The Title Services Group Inc
Fernandez Jesus $655,000 --
Echevarria Herman $465,000 --
Hazland Peter $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank David $2,900,000
Previous Owner Lenis Enrique $715,000
Previous Owner Stuart Andrew $575,000
Previous Owner Fernandez Jesus $377,500
Previous Owner Hazland Peter $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $4,500,000 -9.9% $732 / Sq Ft
11/16/2017 11/16/17 Pending -- -- --
04/26/2017 04/26/17 Price Changed $4,995,000 +0.9% $813 / Sq Ft
01/18/2017 01/18/17 For Sale $4,950,000 +350.0% $806 / Sq Ft
06/21/2013 06/21/13 Sold $1,100,000 -6.8% $109 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
10/04/2011 10/04/11 For Sale $1,180,000 -- $117 / 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 $80,843 $4,458,854 -- --
2024 $79,332 $4,333,192 -- --
2023 $79,332 $4,206,983 $0 $0
2022 $77,365 $4,084,450 $2,110,698 $1,973,752
2021 $75,347 $3,821,354 $0 $0
2020 $69,085 $3,473,959 $1,306,706 $2,167,253
2019 $72,862 $3,646,649 $1,457,055 $2,189,594
2018 $69,238 $3,524,898 $1,313,018 $2,211,880
2017 $40,187 $1,937,389 $0 $0
2016 $19,761 $954,922 $0 $0
2015 $19,060 $904,419 $0 $0
2014 $21,039 $979,884 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10208591

MIAMI REALTORS® MLS

APN: 14-2235-005-4020