NOT LISTED FOR SALE

Estimated Value: $3,124,000 - $34,647,756

5 Beds
6.5 Baths
7,650 Sq Ft
$2,469/Sq Ft Est. Value

Sale Details

Date Sold: February 12, 2025

Last sale price $35,600,000 $4,654 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $130,816 / mo

7 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean View
  • 0.37 Acre Lot
  • 50 Feet of Waterfront
  • In Ground Pool
  • 2-minute walk to Altos Del Mar Park

About This Home

As of February 2025

Enjoy a life on the ocean in one of only 12 beachfront homes in all of Miami Beach. Boasting 3 floors of curated living spaces, impeccable finishes and ocean views that will take your breath away. Enter this modern Balinese style 5 bedroom, 6 bathroom home through a stunning courtyard with a fountain, day bed and verdant spaces throughout that lead you to the front door. What you experience in this home is stunning architecture, exquisite spaces for living, relaxing and entertaining. The outdoors are the epitome of oceanfront living reminiscent of a 5 star tropical resort with an infinity edge pool, outdoor dining and living area, summer kitchen with a built-in pizza oven, spa and elevated fire pit lounge all with a direct pathway to the beach

Last Agent to Sell the Property

Jill Hertzberg

Coldwell Banker Realty License #0551544 Listed on: 02/03/2025

Last Buyer's Agent

Ethan Assouline

Douglas Elliman License #3469537

Douglas Elliman
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $296,331

Year Built

  • Built in 2012

Lot Details

  • 16,000 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • West Facing Home
  • Property is zoned 0800

HOA Fees

  • $1,417 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Split Level Home
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 7,650 Sq Ft Home
  • Multi-Level Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Ocean Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Property has ocean access
  • Beach Access
  • Patio
  • Outdoor Living Area
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Biscayne Beach Elementary School
  • Miami Beach Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Altos Del Mar No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0232020040260

Home Details

Home Type

Single Family

Est. Annual Taxes

$296,331

Year Built

Built in 2012

Lot Details

0.37 Acres

HOA Fees

$1,417 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2012
  • Architectural Style: Split Level
  • Unit Levels: Multi/Split
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, Main Level Primary, Pantry
  • Appliances: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Other, Wood
  • Living Area: 7650.0

Exterior Features

  • Exterior Features: Barbecue, Lighting, Outdoor Living Area, Other
  • View: Ocean
  • Road Frontage Type: Waterfront
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Beach Access, Deeded Access, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Flat, Other, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Covered, Driveway, Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 17000.0
  • Pets Allowed: No
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No

Schools

  • Elementary School: Biscayne Beach
  • High School: Miami Beach
  • Middle Or Junior School: Miami Beach Nautilus

Lot Info

  • Parcel #: 0232020040260
  • Lot Size Acres: 0.37
  • Mobile Dim Units: Feet
  • Zoning: 0800

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 296331.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Feb 12, 2025
Sold by
7725 Atlantic Way Llp
Bought by
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Ethan Assouline
Douglas Elliman
List Price
$40,000,000
Sold Price
$35,600,000
Premium/Discount to List
-$4,400,000
-11%
Current Estimated Value
$18,885,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,714,122
Avg. Annual Appreciation
-33.57%

Purchase Details

Closed on
Dec 27, 2005
Sold by
Altos Del Mar Ltd
Bought by
7725 Atlantic Way Llp
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$35,600,000 None Listed On Document
7725 Atlantic Way Llp $1,365,600 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $4,575,000
Previous Owner 7725 Atlantic Way Llp $3,824,076
Previous Owner 7725 Atlantic Way Llp $4,615,000
Previous Owner 7725 Atlantic Way Llp $7,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/12/2025 02/12/25 Sold $35,600,000 -11.0% $4,654 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $40,000,000 0.0% $5,229 / Sq Ft
10/08/2023 10/08/23 Rented $125,000 -35.9% --
09/15/2023 09/15/23 For Rent $195,000 +56.0% --
12/15/2021 12/15/21 Rented $125,000 -16.7% --
12/13/2021 12/13/21 Under Contract -- -- --
08/30/2021 08/30/21 For Rent $150,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $296,331 $15,802,857
2024 $275,229 $14,366,234
2023 $275,229 $13,060,213 $0 $0
2022 $246,648 $11,872,921 $0 $0
2021 $208,403 $10,793,565 $4,880,168 $5,913,397
2020 $204,782 $10,577,810 $4,600,148 $5,977,662
2019 $206,227 $10,642,077 $4,600,148 $6,041,929
2018 $195,707 $10,705,235 $4,600,148 $6,105,087
2017 $187,504 $9,310,538 $0 $0
2016 $181,761 $8,464,126 $0 $0
2015 $166,296 $7,694,660 $0 $0
2014 $173,648 $6,995,146 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11737545

BeachesMLS (Greater Fort Lauderdale)

APN: 02-3202-004-0260

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