$5,185,000 - $7,140,000
RENTED DEC 1, 2024
3 Beds
3 Baths
2,501 Sq Ft
$2,495 Price per Sq Ft

Last Sold April 30, 2021

Last sale price $4,000,000 $1,599 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $41,493/month

Highlights

  • Private Dock
  • In Ground Pool
  • Canal Width is 81-120 Feet
  • Home fronts navigable water
  • Canal View
  • Old Spanish Architecture

About This Home

As of December 2024

BAY POINT CONTEMPORARY WATERFRONT VILLA WITH HUGE OUTDOOR ENTERTAINING DECK & POOL OVERLOOKING 100 FT OF SERENE SABAL LAKE VIEWS & LINED WITH PALM TREES! Quiet & Tranquil Villa Surrounded by Manicured Landscaping Encompassing 3 Bedrooms + 3 Baths w/Nearly 100 FT of Waterfront. Enter into Living Area and Expansive Family Room Adorned w/Arte Textured Wallpapers. Living Area Leads Directly out to Outdoor Deck & Pool. Waterfront Pool & Massive Outdoor Space Lined w/Palm Trees + Heated Saltwater Pool. Primary Suite w/Water Views & Large Walk-in Closet. Crestron Smart Home System, Automated Shades & Nest Security. Garage w/Additional Storage. Live in One of Miami's Most Secure Neighborhoods Conveniently Located Near Miami's Best Schools and the Airport.

Last Agent to Rent the Property

Dora Puig

Luxe Living Realty License #3268462 Listed on: 08/18/2024

Luxe Living Realty

Last Renter's Agent

Janine Schuster

Compass Florida, LLC License #3391959

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $98,904

Year Built

  • Built in 1955

Lot Details

  • 0.29 Acre Lot
  • 98 Ft Wide Lot
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Old Spanish Architecture
  • Tile Roof

Interior Spaces

  • 2,501 Sq Ft Home
  • Furnished
  • Built-In Features
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Canal Width is 81-120 Feet
  • Seawall
  • Private Dock
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bay Point Subdivision

Listing and Financial Details

  • Property Available on 10/10/24
  • Assessor Parcel Number 01-32-19-008-1620

Home Details

Home Type

Single Family

Est. Annual Taxes

$98,904

Year Built

Built in 1955

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-10-10

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Architectural Style: Old Spanish
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: BAY POINT
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Furnished: Furnished
  • Living Area: 2501
  • Other Equipment: Automatic Garage Door Opener
  • Window Features: Blinds, Drapes
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Canal, Water
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Width 81-120 Feet, Navigable Water, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BAY POINT
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-19-008-1620
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 12740
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Apr 30, 2021
Sold by
Didovic John N
Bought by
Bay Point 720 Lake Rd Llc
Seller's Agent
Ethan Pickett
Douglas Elliman
Buyer's Agent
Joao Carvalho
Jad Realty, LLC.
List Price
$4,298,000
Sold Price
$4,000,000
Premium/Discount to List
-$298,000
-6.93%
Current Estimated Value
$6,241,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,241,049
Avg. Annual Appreciation
10.06%
Original Mortgage
$2,000,000
Outstanding Balance
$1,802,719
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$4,291,053

Purchase Details

Closed on
Sep 22, 2003
Sold by
Cobis Ernesto Menendez
Bought by
Didovic John N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$851,250
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 7, 2001
Sold by
Novelli Lino and Magnani Luciana
Bought by
Mckever Walter
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
Bay Point 720 Lake Rd Llc $4,000,000 Attorney
Didovic John N $1,135,000 Jericho Title Services
Mckever Walter $615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bay Point 720 Lake Rd Llc $2,000,000
Previous Owner Didovic John N $800,000
Previous Owner Didovic John N $851,250
Previous Owner Cobis Ernest Menendez $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2024 12/01/24 Rented $21,000 -8.3% --
11/21/2024 11/21/24 Under Contract -- -- --
08/18/2024 08/18/24 For Rent $22,900 +9.0% --
03/11/2024 03/11/24 Rented $21,000 -8.3% --
02/26/2024 02/26/24 Price Changed $22,900 +4.1% $9 / Sq Ft
02/26/2024 02/26/24 For Rent $22,000 -37.1% --
03/14/2022 03/14/22 Rented $35,000 +1066.7% --
02/03/2022 02/03/22 For Rent $3,000 -90.0% --
10/01/2021 10/01/21 Rented -- -- --
09/29/2021 09/29/21 Under Contract -- -- --
09/02/2021 09/02/21 For Rent $30,000 0.0% --
04/30/2021 04/30/21 Sold $4,000,000 -6.9% $1,536 / Sq Ft
12/18/2020 12/18/20 For Sale $4,298,000 -- $1,651 / 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 $98,904 $4,617,812 -- --
2024 $81,998 $4,198,011 -- --
2023 $81,998 $3,816,374 $0 $0
2022 $71,903 $3,469,431 $2,802,800 $666,631
2021 $55,336 $2,586,559 $2,274,090 $312,469
2020 $21,625 $1,039,123 $0 $0
2019 $21,174 $1,015,761 $0 $0
2018 $20,380 $996,822 $0 $0
2017 $20,178 $976,320 $0 $0
2016 $19,545 $919,700 $0 $0
2015 $19,766 $913,307 $0 $0
2014 $19,994 $906,059 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11644172

MIAMI REALTORS® MLS

APN: 01-3219-008-1620