Seller's Agent in 2024
Cyril Bijaoui
The Corcoran Group
(786) 326-3774
2 in this area
51 Total Sales
809 2nd St Miami Beach, FL 33139
South Pointe NeighborhoodEstimated Value: $1,259,000 - $1,579,288
4
Beds
4.5
Baths
1,205
Sq Ft
$1,178/Sq Ft
Est. Value
Highlights
- Direct Ocean View
- New Construction
- No HOA
- South Pointe Elementary School Rated 9+
- Marble Flooring
- 2-minute walk to Washington Dog Park & Annex
About This Home
As of July 2024Opportunity to build a single family home in the coveted South of Fifth (SoFi) neighborhood in close walking distance to Joe's, Milos, Carbone, Lucky Cat and the Atlantic Ocean. Adjacent similar home/concept/lot size at 819 2nd ST (4 story/3 beds/3 baths/2 half baths/4,215 SF) recently sold for $6mm in Dec 2021. Assuming build cost at $600 PSF on a similar concept plus full asking price nets a near $2mm unleveraged profit/equity. Zoning is RPS-2.
Last Agent to Sell the Property
The Corcoran Group License #3325796 Listed on: 11/07/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,219
Year Built
- Built in 2025 | New Construction
Lot Details
- 2,656 Sq Ft Lot
- South Facing Home
- Property is zoned 3002
Parking
- 1 Car Attached Garage
- Driveway
- Open Parking
Property Views
- Direct Ocean Views
Home Design
- Concrete Block And Stucco Construction
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
- Ocean Beach Addn No 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-42-03-009-5372
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2023
Closed on
Jul 9, 2024
Sold by
Sofi 809 Llc
Bought by
802 2Nd Street Llc
Seller's Agent
Cyril Bijaoui
The Corcoran Group
Buyer's Agent
Pamela Diaz-de-Leon
The Corcoran Group
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%
Views
261
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$130,856
Avg. Annual Appreciation
-5.09%
Purchase Details
Closed on
May 14, 2021
Sold by
South Of 5Th Development Llc
Bought by
Sofi 809 Llc
Purchase Details
Closed on
Feb 20, 2018
Sold by
Watercup Investments Llc
Bought by
South Of 5Th Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Mar 1, 2016
Sold by
Tarnow Beverly J
Bought by
Watercup Investments Llc
Purchase Details
Closed on
Feb 25, 2016
Sold by
Tarnow Beverly J
Bought by
High Speed Office Llc
Purchase Details
Closed on
Jun 23, 2003
Sold by
Sepe Maurizio
Bought by
Tarnow Thomas A and Tarnow Beverly J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 1, 1996
Sold by
Kechriotis Emmy A
Bought by
Sepe Maurizio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,900
Interest Rate
8.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 19, 1995
Sold by
Lopez Sara Hebe and Lopez Sarah Hebe
Bought by
Kechriotis Emmy Andri and Kechriotis Alexander
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 802 2Nd Street Llc | $1,550,000 | Pinnacle Title Group | |
| Sofi 809 Llc | $950,000 | Pinnacle Title Group Llc | |
| South Of 5Th Development Llc | $850,000 | Attorney | |
| Watercup Investments Llc | $600,100 | None Available | |
| High Speed Office Llc | $600,100 | None Available | |
| Tarnow Thomas A | $340,000 | True Title Agency Inc | |
| Sepe Maurizio | $192,000 | -- | |
| Kechriotis Emmy Andri | $162,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | South Of 5Th Development Llc | $510,000 | |
| Previous Owner | Tarnow Thomas A | $255,000 | |
| Previous Owner | Sepe Maurizio | $130,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2024 07/09/24 | Sold | $1,550,000 | -8.6% | $1,286 / Sq Ft |
| 06/20/2024 06/20/24 | Pending | -- | -- | -- |
| 11/07/2023 11/07/23 | For Sale | $1,695,000 | -- | $1,407 / Sq Ft |
Source: MIAMI REALTORS® MLS
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 | $16,221 | $929,600 | $929,600 | -- |
| 2024 | $16,312 | $863,200 | $863,200 | -- |
| 2023 | $16,312 | $863,200 | $863,200 | $0 |
| 2022 | $16,219 | $863,200 | $863,200 | $0 |
| 2021 | $15,385 | $796,800 | $796,800 | $0 |
| 2020 | $15,426 | $796,800 | $796,800 | $0 |
| 2019 | $15,441 | $796,800 | $796,800 | $0 |
| 2018 | $15,708 | $864,436 | $796,800 | $67,636 |
| 2017 | $16,463 | $744,680 | $0 | $0 |
| 2016 | $12,135 | $481,376 | $0 | $0 |
| 2015 | $9,824 | $437,615 | $0 | $0 |
| 2014 | $8,535 | $397,832 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cyril Bijaoui
-
Pamela Diaz-de-Leon
Buyer's Agent in 2024
Pamela Diaz-de-Leon
The Corcoran Group
(305) 720-8439
3 in this area
21 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11482712
APN: 02-4203-009-5372
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