$2,725,000
SOLD DEC 22, 2020
5 Beds
4 Baths
3,758 Sq Ft
8,050 Sq Ft Lot

Recently Sold

$725 Per Sq Ft

3% Below List Price

281 Days on Market

Highlights

  • Property has ocean access
  • Boating
  • In Ground Pool
  • Private Dock
  • Property Fronts a Bay or Harbor
  • Sauna

About This Home

As of November 2024

Great Location!Spectacular waterfront residence in the prestigious gated community of North Bay island. Home built in 1981. Stunning open bay views of Biscayne bay and Miami Downtown. Features 4 beds/4 baths and Den used as a 5th bedroom. Home bigger than tax roll by appraiser .Open kitchen and two living areas with high ceilings and marble floors. Expansive master suite with jacuzzi sauna and private terrace. Glorious outdoor space with a NEW large tiki hut, NEW resurfaced pool, boat lift for a 7000 pounds boat, NEW deck with amazing sunsets. 70 linear feet of water frontage and dock constructed in 2013. Space for a 45' boat. Home currently holds a vacation rental license with very profitable income. Only home in the island with deck and dock.24hour appointment required . Sold As is

Last Agent to Sell the Property

MAGALY RODRIGUEZ

Beachfront Realty Inc License #3174185 Listed on: 03/06/2020

Beachfront Realty Inc

Last Buyer's Agent

Rebecca Geornas

Luxuri International Real Estate Miami, LLC. License #3371096

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,420

Year Built

  • Built in 1981

Lot Details

  • 8,050 Sq Ft Lot
  • 1 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned 0900

Parking

  • 3 Car Attached Garage
  • 2 Attached Carport Spaces
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Water
  • Pool

Home Design

  • Barrel Roof Shape
  • Flat Tile Roof

Interior Spaces

  • 3,758 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Furnished
  • Furniture for Sale
  • Formal Dining Room
  • Sun or Florida Room
  • Sauna
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Balcony
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 23-32-09-008-0400

Community Details

Overview

  • No Home Owners Association
  • North Bay Island Subdivision

Amenities

  • Courtesy Bus

Recreation

  • Boating

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,420

Year Built

Built in 1981

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Carport Y N: Yes
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: NORTH BAY ISLAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Custom Mirrors, Pantry, Walk-In Closet(s), Florida Room, Sauna, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Marble, Tile, Wood
  • Furnished: Furniture For Sale, Furnished
  • Living Area: 3758
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Florida Room, Sauna, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof, Flat Tile
  • View: Pool, Water
  • Exterior Features: Barbeque, Open Balcony
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: NORTH BAY ISLAND
  • Carport Spaces: 2
  • Covered Parking Spaces: 5
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating, Courtesy Bus, Gated Community, Paved Road, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 23-32-09-008-0400
  • Lot Size Sq Ft: 8050
  • Zoning: 0900
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 38420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Nov 7, 2024
Sold by
Miami View Drive Llc
Bought by
Lavender Diamond Group Corp
Seller's Agent
Julian Johnston
The Corcoran Group
Buyer's Agent
Anish Dave
Charles Rutenberg Realty FTL
List Price
$5,800,000
Sold Price
$5,650,000
Premium/Discount to List
-$150,000
-2.59%
Views
185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.36%
Original Mortgage
$3,950,000
Outstanding Balance
$2,686,539
Interest Rate
6.12%
Mortgage Type
Balloon
Estimated Equity
$5,144,453

Purchase Details

Listed on
Mar 6, 2020
Closed on
Dec 22, 2020
Sold by
Matos Juan Luis and Rodriguez Magaly
Bought by
Miami View Drive Llc
Seller's Agent
MAGALY RODRIGUEZ
Beachfront Realty Inc
Buyer's Agent
Rebecca Geornas
Luxuri International Real Estate Miami, LLC.
List Price
$2,799,000
Sold Price
$2,725,000
Premium/Discount to List
-$74,000
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.73%

Purchase Details

Closed on
May 17, 2011
Sold by
Rodriguez Abel and Rodriguez Nuria
Bought by
Matos Juan Luis and Rodriguez Magaly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 1997
Sold by
Alan and Dorne Renee
Bought by
Rodriguez Abel and Rodriguez Nuria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
7.65%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $5,650,000 None Listed On Document
Warranty Deed $2,725,000 Attorney
Warranty Deed $1,000,000 Florida Title Management Cor
Warranty Deed $790,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,950,000 Balloon
Previous Owner $1,500,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $417,000 New Conventional
Previous Owner $500,000 Stand Alone Second
Previous Owner $1,210,000 Negative Amortization
Previous Owner $632,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $7,999,999 0.0% $2,129 / Sq Ft
03/10/2025 03/10/25 For Rent $75,000 0.0% --
01/29/2025 01/29/25 For Sale $9,975,000 +76.5% $2,654 / Sq Ft
11/05/2024 11/05/24 Sold $5,650,000 -2.6% $1,503 / Sq Ft
08/06/2024 08/06/24 For Sale $5,800,000 +2.7% $1,543 / Sq Ft
08/05/2024 08/05/24 Off Market $5,650,000 -- --
07/29/2024 07/29/24 Price Changed $5,800,000 -3.3% $1,543 / Sq Ft
05/29/2024 05/29/24 Price Changed $6,000,000 -6.3% $1,597 / Sq Ft
02/16/2024 02/16/24 For Sale $6,400,000 +134.9% $1,703 / Sq Ft
12/22/2020 12/22/20 Sold $2,725,000 -8.2% $725 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
10/16/2020 10/16/20 Price Changed $2,969,000 +6.1% $790 / Sq Ft
10/16/2020 10/16/20 For Sale $2,799,000 +2.7% $745 / Sq Ft
08/11/2020 08/11/20 Off Market $2,725,000 -- --
07/06/2020 07/06/20 Price Changed $2,799,000 -3.4% $745 / Sq Ft
05/29/2020 05/29/20 Price Changed $2,899,000 -5.0% $771 / Sq Ft
05/29/2020 05/29/20 For Sale $3,050,000 +11.9% $812 / Sq Ft
03/30/2020 03/30/20 Off Market $2,725,000 -- --
03/06/2020 03/06/20 Price Changed $3,050,000 -90.0% $812 / Sq Ft
03/03/2020 03/03/20 For Sale $30,500,000 0.0% $8,116 / Sq Ft
05/27/2013 05/27/13 Rented $6,800 0.0% --
04/27/2013 04/27/13 Under Contract -- -- --
04/26/2013 04/26/13 For Rent $6,800 -- --
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 $68,118 $4,296,469 $3,220,000 $1,076,469
2024 $48,417 $2,789,015 -- --
2023 $48,417 $1,860,317 $0 $0
2022 $54,302 $2,340,802 $0 $0
2021 $49,635 $2,128,002 $1,529,452 $598,550
2020 $39,760 $1,696,692 $1,328,121 $368,571
2019 $38,420 $1,699,563 $1,328,121 $371,442
2018 $35,511 $1,702,434 $1,328,121 $374,313
2017 $34,238 $1,373,100 $0 $0
2016 $31,762 $1,248,273 $0 $0
2015 $29,202 $1,134,794 $0 $0
2014 $25,770 $1,031,631 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10827719

MIAMI REALTORS® MLS

APN: 23-3209-008-0400